Mastering Small Business Accounting: Essential Skills for Financial Success (4 Session Series)
Oct
15
2024
Tue, Oct 15 9:00 AM to 11:00 AM
This event has been canceled
Online
Facilitated by LSBDC at University of Louisiana Monroe: Main Office
Topic: Business Accounting
This 8-hour workshop series will run from 9:00 a.m. to 11:00 a.m. on the following dates:
Tuesday, October 15; Thursday, October 17; Tuesday, October 22; Thursday, October 24
Unlock the full potential of your business with this 8-hour comprehensive accounting training series designed to empower you with essential financial skills. This course is perfect for business owners looking to gain control over their finances and drive growth through informed decision-making.
Course Highlights:
- Understanding Financial Statements - Gain a clear and practical understanding of critical financial statements, including the balance sheet, income statement, and cash flow statement, and learn how they reflect your business's financial health.
- Conducting Internal Financial Analysis - Learn to perform detailed internal financial analyses to assess your business’s performance, identify trends, and uncover opportunities for improvement.
- Setting Realistic Profit and Budget Goals - Discover how to set achievable profit targets and budgetary goals that align with your business objectives and financial capabilities.
- Leveraging Accounting Systems for Growth - Explore how modern accounting systems can streamline financial processes and support strategic growth initiatives.
- Managing Cash Flow Effectively - Understand the importance of cash flow management and learn techniques to maintain healthy cash flow and ensure operational stability.
- Navigating Tax Compliance and Planning - Get insights into essential tax compliance requirements and strategic tax planning to optimize your business's financial efficiency.
- Using Financial Ratios for Better Decision-Making - Learn to calculate and interpret critical financial ratios that provide valuable insights into your business’s operational and financial performance.
- Creating a Financial Action Plan - Develop a personalized financial action plan that outlines the steps needed to achieve your business’s financial goals and sustain long-term success.
Speaker(s): Richard A. Melancon, CPA
Co-Sponsor(s): LED, SBA, and University of Louisiana at Monroe
*This is series is offered at no-cost.*
Fee: No Cost