Advancing Your Account-Ability
Module 3 consists of 4 DVDs
Purpose: To help you set up a complete bookkeeping system, and manage clients from a variety of more sophisticated industries for your new accounting and bookkeeping business. Average time to Complete: 20 Hours
Sessions 1-2 — Dealerships: Complicated Accounting
How to effectively handle Flooring — the necessary evil of high-cost retailers
Accounting for creative selling
Understand additional sources of income that dealers have, that earn you profits, whether you are the dealer or the customer
CASE STUDY : Discover how dealerships account for large transactions by completing the accounting for a motorcycle dealership (City Cycle Company)
Sessions 3-4 — Establish the Accounting Method that Fits the Business Best
The very first two things you must do when accounting for a company
Set up an efficient system from 'scratch'
How to establish an organized system that will ensure your value as an accountant
Choosing between the cash and accrual methods
How to set up a hybrid system that will reap the benefits of both methods
CASE STUDY : Convert Sonja's Art and Frame from the cash basis to the accrual basis in 3 easy steps
How to get that iron-clad feeling — without a shadow of a doubt — that your financial's are right
Identifying, customizing, and instituting effective auditing techniques
Learn how to spot and avoid dangerous trends
How to save the company thousands of dollars in auditing costs
Sessions 5-6 — Year End Closings and Manufacturing
6 final adjustments that should be considered at year-end
Resetting the financial score
EXERCISE : Prepare the final adjusting entries and close out the general ledger for a company
How to set up and run an efficient accounting system for the small 'mom and pop' manufacturing company
The simplifying trick to Process Accounting — "SPECs"
How to price manufactured goods
CASE STUDY : Calculate the manufacturing costs for three months for the Widget Manufacturing Company
Sessions 7-8 — Construction and Non-Profit Accounting
Job Costing - A simple way to track costs by the project
3 construction computations that you must know
Tracking revenues and costs by month
One step that you must never forget
CASE STUDY : Perform the accounting for CR Construction
Accounting for a non-profit organization
CASE STUDY : Perform the accounting for Now Moreland Church
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Retail Price:
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What is Included?
Accounting Made Easy
Practical Small Business Applications
Advancing your Account-Ability
Building a Successful Accounting Service
Order or Ask Questions by Phone 1-800-343-4827
