Understanding the Numbers Part 1: Accounting and Recordkeeping for Business
Even if you do not have an accounting or financial background, you still need to know your numbers. Join us to learn about accounting methods, financial statements, and financial analysis for your for-profit business. These VIRTUAL sessions will include hands-on exercises, Q&A sessions, and group discussion throughout the seminar.
Topics to be covered in Part 1 included:
- Double Entry Framework for Accounting
- Cash Accounting vs Accrual Accounting
- Modified Cash Accounting
- Accounts Receivable and Accounts Payable
Includes interactive discussion therefore it is recommended that attendees have a Microphone and Camera.
Speaker: Corry Riley, Business Consultant, PennWest Clarion SBDC