Understanding the Basics of Bookkeeping
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Join us to understand the how and why of bookkeeping and how management can use the end result to change the world.Many people in the financial world undervalue the importance of good bookkeeping. This information will provide a thorough review of basic bookkeeping techniques, tips and tricks. However, there is much more. We will take a deeper dive into the underlying purpose of bookkeeping and how bookkeeping is intended to reflect the reality of an organization's financial position and activities. We will explore how good bookkeeping provides management with the data they need to make good decisions. Finally, we will go beyond simply entering transactions into a computer system and explore how to review the end result for accuracy, including reconciling key accounts and reviewing core financial statements and reports. Understand the how and why of bookkeeping and how management can use the end result to change the world.
Bob Swetz, CPA (Inactive), Tier One Services, LLC
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