The financial reports that have traditionally been used to assess the financial health of a company are the Balance Sheet, the Income Statement (also known as the Profit and Loss Statement), and the Cash Flow Statement.

The Balance Sheet is a snapshot of the financial status of a company at a point in time.

The Income Statement shows a track record of how a company has performed over a period, usually in a quarter or a year.

Generally Accepted Accounting Principles (GAAP) is a standard framework of guidelines for financial accounting in the U.S.

This voice narrated slideshow presents information regarding the services that startups can get from "traditional" banks.

This voice narrated slideshow provides information regarding the Audit requirements of the Sarbanes Oxley Act.

This PDF document presents information regarding concepts in finance and accounting that are essential for entrepreneurs.

In this video, the term "profit" is explained. Terms like: "Gross Profit", and "Operating Profit", among others, are explained.

The Income Statement (also referred to as Profit and Loss statement (P&L), Revenue Statement, Statement of Financial Performance, Earnings Statement, Operating Statement or Statement of Operations) is a company's financial statement that indicates how the revenue (money received from the sale of products and services before expenses are taken out, also known as the "top line") is transformed into the net income (the result after all revenues and expenses have been accounted for, also known as Net Profit or the "bottom line").

The Income Statement is important because it shows the profitability of a company during the time interval covered by the Income Statement.

This video explains what a Balance Sheet is, and the type of information it contains, and how you can use it.

A Balance Sheet or Statement of Financial Position is a summary of the financial balances of a business at a particular point int time. The Balance Sheet provides a snapshot of the company's financial position, showing how the company's assets compare with its debts or liabilities.

This video explains what a Cash Flow Statement is, and what it can reveal to investors.

The Cash Flow statement reports the cash generated and used during the time interval covered by the Cash Flow statement.

The video is an introduction to QuickBooks 2013 and discusses, among other things, the chart of accounts, check writing, and bank reconciliation.

Accounting software is application software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, payroll, and trial balance. It functions as an accounting information system.

Video looks at the cost-flow in a manufacturing business which produces envelopes.

In this video, you will get acquainted with the types of organizations that can apply for 501(c)(3) tax-exempt status, as well as the steps that you need to take before your organization can apply to the IRS for a 501(c)(3) tax-exempt status.

Video explains why you need an EIN and how to register one.

In this podcast you will learn why C-Corporations are the vehicle of choice for tech startups in Silicon Valley and the tech sector and how IRC section 1202 can be used to escape paying taxes on the gains made on shares in a C-Corporation.

This article provides an introduction to the tax responsibilities of businesses with employees.

Vesting stock is common in startups and taxes can be minimized through filing an 83(b) election with the IRS.

This article looks at the requirements for an organization to be tax-exempt under section 501(c)(3) of the Internal Revenue Code.

This article provides information regarding 501(c)(3) organizations, including types of 501(c)(3) organizations, as well as how to obtain 501(c)(3) status.

The U.S. drops the rate of tax to 13% for patent licenses, to compete with Ireland and other countries, but increases the tax rate for patent sales--classifying patent sales as ordinary income.

Video explains that it's a good idea to create a separate bank account for your business--and not to commingle your private funds with business funds. The bank may require a Federal tax ID number, minimum balances, incorporation papers, ID and other documents. Don't expect banks will lend you funds until you have established a relationship.

Video explains that you will need a federal tax ID and tax ID number when you operate a business. You will need a resale number if you're selling products.

The documents that will be required to open a Small Business bank account online, depends on the structure of your business, e.g. Whether your business is a Sole Proprietorship, General Partnership, Limited Partnership, etc. It is important to realize there are several factors that can prohibit one from opening a business bank account on the internet. For example, if a company provides money services, including check cashing, issuing money orders, issuing store value cards, exchanging currency, or wiring funds in exchange for a fee, banks will not allow you to open an account online. You will need to go to the branch personally to open an account.

This voice narrated slideshow looks at the variety of service providers that can provide financial advice to startup companies.

How do you structure founder's shares, investor shares, stock option? This voice narrated slideshow provides an introduction to the various forms of shares issued by startup companies including common stock, preference share and options.

PDF slides for the learning material titled: "Video ~ The Startup Capitalization Table".