Hi there! Have you ever looked at a financial statement and felt like you were staring at a completely different language? Don’t worry—you’re not alone! When I first started learning about financial statements, I found them intimidating too. But once I broke them down into simpler parts, it all made sense. In this guide, I’ll help you understand the basics of financial statements in just 10 minutes. Let’s dive in! What Are Financial Statements? Financial statements are like a report card for a business. They show how the company is performing financially and help stakeholders—like you—make informed decisions. There are three key financial statements you need to know: Income Statement Balance Sheet Cash Flow Statement By the end of this article, you’ll have a clear understanding of each one. 1. Income Statement: Profit and Loss Overview When I first saw an income statement, I learned to think of it as a story about how much money a business makes (revenue) and spends (expenses). Key com...
Hi there! If you’re dreaming of becoming a teacher in Ghana, attending a College of Education is one of the best ways to start your journey. I’ve been through this process myself, so I know how exciting—and sometimes overwhelming—it can feel. That’s why I’m here to walk you through the admission process step-by-step. Let’s make it as simple as possible! 1. Meet the Admission Requirements The first thing you’ll need to do is ensure you meet the minimum requirements for admission. When I applied, I double-checked these to avoid surprises. Here’s what you generally need: WASSCE/SSSCE Results: Passes in six subjects, including three core subjects (English, Mathematics, Integrated Science/Social Studies) and three electives. Grades: At least a C6 in WASSCE or a D in SSSCE. Each college might have slight variations, so be sure to check their specific requirements. 2. Choose Your Preferred College of Education Ghana has many Colleges of Education, each with its unique strengths and spe...