Accounting Course Online

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http://best-online-degree-schools.com Comprehensive information on online degrees, online accredited cheap bachelor degrees, online master’s degrees, online undergraduate degrees, accounting degree courses and others online distance education college degree programs

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Video from our FREE Online Business Course

http://www.myownbusiness.org

Session 4 – Business Organization

Question:
“What are the benefits to outsourcing payroll?

Ken Blake
Certified Public Accountant (C.P.A.)

Topics covered in this video:
Small business accounting, payroll, outsourcing

Transcript:
Well, there are a number of benefits for outsourcing. There are probably three of them that are the best to keep in mind. The first one is there is a privacy factor in the sense that the payroll isn’t available for the employees to see the various salary levels.

The other thing is that it helps on your cash flow because most payroll services will pay the payroll and the payroll taxes as part of the payroll, so you don’t have a bump in your payroll requirements when the payroll taxes are due. So it has a tendency to level out your cash flow.

The third element has to do with reduction in time. It’s a little easier to deal with an outsource company because all you have to do is call in the payroll vs. when you do it yourself. Someone has to sit down and calculate the payroll or at least feed the data into a program and thereby taking up the employee’s time which could be better spent doing other things.

Duration : 0:1:21

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http://www.teachucomp.com/tutoracctmain.htm – A clip from Mastering Accounting Made Easy by TeachUcomp, Inc. Learn the basics of small business accounting. Visit us today!

Duration : 0:1:51

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Duration : 0:2:43

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Distance Learning panel presentation at Mission College, Santa Clara, CA, in February 2008, delivered here in parts. (Full closed-caption versions: http://missioncollege.org/depts/esl/faculty/chan/DLpanel2008.html)
A. Introduction
B. Angel gradebook categories, Organizing homework
C. essments; Angel for web-enhanced & distance learning
D. Angel Drop Boxes
E. Angel Mail, Course Compass
F. Creating community via Discussion Boards
G. Online accounting tutoring via CCC Confer
H. Multimedia web presentations via CCC Confer
I. Question and Answer: on-campus and online orientations, posting multimedia files, Angel quick polls, tracking access to learning objects in Angel

Duration : 0:11:49

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Learn how to create, edit, delete and fully customise your accounts list (chart of accounts) in MYOB accounting software

Duration : 0:5:36

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http://www.MoneywithTerell.ws
Learn how to Start A Business, how to Write A Business Plan, and …
The Internets Top Free Start A Business Course. Learn how to write a business plan, pick a business, sign a lease, do small business accounting and much Starting a Business, Starting a Small Business How to Start a Small Business, Small Business Startup – Entrepreneur.com.
Small Business Administration – Small Business Planner Manage your business from start to finish. Careful planning is fundamental to success. The Small Business Planner includes information and resources that Start Business Then welcome … at Start Business we aim to be a stimulating site for those new to, or contemplating starting their own business. How to Start a Business 23 Jan 2001 Everything you need to know about starting and operating a small business including choosing a business and name, making a business plan, …
BBC – Consumer – Start a business Information and advice for setting up a small business.
Starting up | Business Link Manage your personal list of starting-up tasks with our Business start-up organiser ? Search for an available company name and trade mark …
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3 Mar 2008 … The Business Start-up istant (BSA) is a one-stop site for information on starting a business in Canada. It covers topics such as market How To Start a Small Business: BusinessTown Starting your own business? You’re going to need some direction to make sure you don’t make any mistakes along the way. Get advice from the experts at …
Business startup, starting business, small business – Start ups
12 Apr 2008 … Startups magazine the magazine for business start ups. Find information on how to start a business.

Duration : 0:2:35

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http://www.super-happy-shopper.com/yt/industry_game/
(Safe Shopping Link)

Browser Based Game of Profit and Market Share

Industry Masters. The online business game. A browser based simulation of real world economy. Take the role of an entrepreneur and compete for profit and market share. Play it online for free.

Brought to you by tycoon systems, Industry Masters online business game allows you to compete in real time against hundreds of players from around the globe. Your personal virtual consultant will advise you on business decisions. Play it for free.

Download the free trial and play it for free. Industry Player, the online business simulation game.

Industry player features real time market data, a news ticker and charting systems that add authentic realism that any high performing C E O will appreciate. Play it for free.

IndustryPlayer and IndustryMasters are multiplayer on-line business games that are based on a simulation of real world economy.

The web-based Campus Edition and Corporate Edition provide an opportunity to develop entrepreneurial and strategic management skills at a broad audience level.

Participants develop a strategy, undertake an entrepreneurial start-up and then compete with each other in real-time for market leadership and shareholder value.

They experience the fundamentals of corporate business within a simulation of real competition.

The simulations uniquely combine fundamental micro- and macroeconomic models (price mechanism, general equilibrium model) with commonly used business concepts (product life cycle, economies of scale, economies of scope, corporate accounting, leverage effect).

Based on an interactive real-time competition technology, both simulation games offer an experience-based learning environment for next generation executives.
Game Instructions
IndustryMasters is an immersive, web-based business game based on a simulation of real world economy.
Players take the role of an entrepreneur and compete against each other in real-time for market leadership and shareholder value. They experience the outcomes of their strategies in a situation of real competition.
Goal
The Goal is to maximize the share price while investing a variable amount of seed capital in a corporation with an unlimited number of Business Units. The simulation plays out dynamically, based on all participants decisions.
Every week a new Industry Masters tournament starts. You begin at the Vice President level and will be promoted to the CEO career level after 6 rounds. With each promotion, the challenge gets increasingly intense and more rewarding.
Participation
On the My Account page your Seed Capital balance is shown. Seed Capital is used to fund your Corporation in each round. To actually start a holding please click on ‘Participate’ whenever a round is open in the ‘My Account’ menu. The duration of each round is 1 hour at a speed of 1 tick per minute. You can also purchase your Business Units before game start (it is highly recommended that you purchase at least one company before round start).
Seed Capital & Financing
The minimum and maximum Seed Capital that can be invested varies with the general settings of the simulation round. You may increase your seed capital at any time up to tick 24. Be aware that higher amounts of seed capital still have to grow as fast as smaller amounts of starting capital which can be more difficult. An increased funding gets less attractive with each tick that has passed, but may enable additional strategic moves or even prevent Bankruptcy. The second source of capital is debt. The debt ratio shows the share of debt and is calculated as: Debt Ratio = Debt / (Debt + Equity). A higher debt ratio leads to higher interest rates and interest payments but is also the key to additional investments and growth. Bank credits are automatically taken as required and repaid as far as liquidity allows it at any time.
Strategic Positioning
Corporate Strategic Positioning is defined by adjusting five parameters. Which combination of choices is more successful depends on various factors like saturation, maturity and debt ratio which change during the simulation. The strategic positioning may only be changed in ticks 0,12,24,36 and 48.
Pricing Strategy: High Pricing results in lower sales volume at higher sales per unit prices.
TQM/Product Quality: High Quality rises costs but also rises demand and production output.
R&D/Innovation: High Innovation rises costs but also rises demand significantly.
HR/Training: High Training rises variable costs for Training and Seminars but also lowers overhead costs as the administration requires less staff and rises production output as better trained staff produces more efficiently.
CSR/Ecology: High Ecology rises costs but also rises demand and gives a substantial tax discount.

Duration : 0:1:28

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Video from our FREE Online Business Course

http://www.myownbusiness.org

Session 8 Accounting and Cash Flow

Question:
“Why is a good understanding of accounting important for running your own business?”

Maureen Costello
Wholesale Distributor

Topics covered in this video:
Understanding business accounting, cash flow, taxes, loans

Transcript:
I think that if an entrepreneur doesn’t have a good understanding of accounting there will be a very high probability of failure. Accounting is the way you keep track of how well your business is doing. It’s how you keep track of your cash. If you run out of cash, even if your sales are growing and your profits on the books are high, you’re out of business. You can go bankrupt even with a successful business. So the only way you’re going to know is if you do really good accounting, do cash flow projections and really watch your cash. So that’s number one.

Secondly, you have pay taxes; you have to be in compliance with the tax laws. If you’re not very good with accounting you’re going to have problems with the IRS. They too can put you out of business. So you want to be sure you know what you’re supposed to be doing from an accounting point of view. Also, you won’t be able to get bank loans if you don’t do a good job at accounting because you have to have financial statements that you can bring to a bank that are in the format that they are accustomed to, in order to gain their confidence to loan you money. So there are a number of reasons why being familiar with accounting and making sure you have very good accounting for your business are important to you.

Duration : 0:1:26

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