Basic Record-keeping Needed to Determine Your Business's Profitability & Keep Your Business Running
“Effective record-keeping is the cornerstone that allows your business to accurately track its income and expenses, make informed decisions, and ensure compliance with legal requirements”.
This online seminar includes:
• Why record-keeping is crucial for business success
• Choosing between manual and digital record-keeping
• Financial statements (income statement, balance sheet, cash flow statement)
• Understanding and interpreting financial statements
• Financial ratios that are a “MUST”
• Understanding record retention requirements
• Using past records to forecast future performance
• Record-keeping for tax purposes
• Lessons learned from record-keeping failures
• Questions & Answers
Presented By:
Frank J. DeCandido, CPA/MBA, Certified Financial Planner® and Former President, Staten Island Chapter of NYSSCPA