The purpose of this workshop is to provide an overview of basic accounting concepts, accounting functions and financial reports for small business owners. Webinar access link will be provided after registration via email.
TOPICS TO BE COVERED:
- Speaker Introduction
- Accounting Equation
- Cash versus Accrual Accounting
- Books of Accounting (Chart of Accounts, Trial Balance, General Journal, General Ledger, Subsidiary Ledgers)
- Accounting Functions (Cash Management and Reconciliations, Accounts Receivable, Accounts Payable, Inventory Management, Fixed Assets Management)
- Closing the Books
- Financial Reporting (Balance Sheet, Profit & Loss or Income Statement, Statement of Cash Flows)
- Management Reports(Strategic Planning, Budgeting & Forecasting, Key Performance Indicators, Lagging Indicators, Leading Indicators, Performance Measurement
- Accounting Software
SPEAKER:
- William R. Barefoot, CPA, CGMA
DATE AND TIME
- Wed, November 10, 2021
- 10:00 AM – 12:00 PM EST
LOCATION
- Online event
- Add to calendar
This workshop is hosted by the Francis Marion University Kelley Center for Economic Development and the Greater Florence Chamber of Commerce. Register here: https://www.eventbrite.com/e/small-business-accounting-101-tickets-191289089817
