Setting up accounting for a small business can seem like a daunting task. However, it is an important part of running the economics of a business. Accounting information helps everyone involved make sound business decisions. Those involved in accounting manage expenses, revenue generation, and manage cash flow. This course describes the key elements of accounting, explains the financial responsibilities of small business owners, and explains accounting resources and tools best for small businesses. Understanding business financial planning can help the owners understand and manage money along with their accountants. Use this course to help determine an accounting strategy to achieve company goals.