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Entrepreneurial Accounting 101

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The Academy of Interactive Arts & Sciences Foundation is pleased to present the next installment of our Education Summit Initiative:


Entrepreneurial Accounting 101

Saturday, June 17, 2017

10 am – 2 pm PST

Led by Square Root Financial, Entrepreneurial Accounting 101 is a 4-hour, live, online course designed for entrepreneurs and professionals working in the video game industry. This course is perfect for those with nonfinancial backgrounds who have their own business, are looking to start a business, or just want to have a better general understanding of accounting. The course is divided into 4 sections: the basics of entrepreneurial accounting, building a budget, revenue models and sources of capital. At the end of this course, participants will have a good understanding of the basic financial statements, how to build a budget, how to build a basic revenue model and when does it make sense to take on equity or debt financing.


Course Schedule

10-11AM: THE BASICS OF ENTREPRENEURIAL ACCOUNTING

  • Methods of Accounting
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement
  • What should you pay attention to when you’re looking at yourfinancials?

11:10AM- 12PM: BUILDING A BUDGET

  • Provide participants with a sample budget
  • Review the sample budget
  • Discuss Burn Rate/Runway

12-12:30PM: BREAK

12PM- 1PM: REVENUE MODELS

  • Provide participants with a sample revenue model
  • Royalties Discussion

1-1:10PM: BREAK

1:10PM-2PM: SOURCES OF CAPITAL & EXIT SCENARIOS

  • When does it make sense to fundraise?
  • What are the types of equity investors and debt providers?
  • How to sell your business?



Class Cost: $200

Originally $1,000 per participant, Square Root offers their class to Foundation supporters at the discounted rate of $200 for the one-day class. Partial and full scholarships are available.


For more information regarding this one-day course, scholarships and the AIAS Foundation, please contact Kelly Thomas Project Manager at kelly@interactive.org




About

AIAS Foundation

The mission of the Academy of Interactive Arts & Sciences Foundation is to advance an inclusive worldwide interactive entertainment creative and business community through collaboration, education, and professional development. More information can be found at: http://www.aiasfoundation.org/

Square Root Financial

Square Root Financial provides outsourced bookkeeping & CFO services to small and medium sized businesses.
Find out more at: http://squarerootfinancial.com/

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