Bookkeeping Fundamentals and Best Practices

$149.00

SKU: 411586

Description

Join us to understand the how and why of bookkeeping and how management can use the end result to change the world.
Accounting isnt a necessary evil when in business. Understand the purpose of accounting and how it can be used to make more informed decisions as you run the business. See what you should expect and how you can use accounting to be more profitable.

Date: 2025-01-29 Start Time: 1:00 PM ET End Time: 2:05 PM ET

Learning Objectives

* You will be able to discuss the difference between bookkeeping and accounting.

* You will be able to review the purpose of financials.

* You will be able to explain the balance sheet.

* You will be able to describe the cash flow statement.

Understanding the Difference Between Bookkeeping and Accounting

What Is the Purpose of Bookkeeping
• Climbing the Wisdom Pyramid

The Purpose of the Financials
• The Profit and Loss State – Income Statement
• The Balance Sheet
• The Cash Flow Statement

Therefore What
• Taxes
• Accounting, Watching the Trends and Seeing the Comparisons

AIPB ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Roger Knecht-Universal Accounting Center