Cash versus Accrual Accounting


Wayne Barnard, Keynote Speaker at Compliance Key INC. Wayne understands his leadership role and is enthusiastic about being in front of the market to advocate the services and products he represents. A Management Consultant at heart, Wayne leverages his years of experience in auditing and business management to provide concise and clear answers to difficult business problems. Having led Barnard Howard for more than eight years, Wayne understands the industry requirements for integrity and clarity in the problems Barnard Howard tackles. Wayne is a visionary leader. He has the tenacity and exper........

Overview

Businesses will report their financials on either an cash or accrual basis. This presentation walks the user through the basic concepts and applications of each approach. This course will facilitate the discussion as to which approach is right for the business and the impacts of changing between the two. Whether reporting to investors, bankers, the tax authorities, understanding how to present your financials enhances the effectiveness of your presentation.

Why should you attend this webinar?

In business today it is important to be able to communicate to shareholders, tax authorities, board of directors, and bankers, etc.
By understanding the difference between various presentation techniques for analyzing an entity, a seller, buyer, presenter, can convey different aspects of a business in a manner that presents the information in an applicable format.
For example if you are a service business, the cash basis of accounting makes the most sense. If you have a business with projects that span longer durations, like a construction company, then the accrual basis may make more sense.
We will help you understand the importance of these two presentation styles and allow you to move between them.
Also, we will speak address an example of what to consider in accounting software related to Cash versus Accrual accounting.

Areas Covered in the Session:

Who can Benefit:



Webinar Id: SX0003

Training Options:

Duration: 75 mins

 View anytime

 Recorded: [Six month unlimited access]

 $167 (Single Attendee)  $599 (Unlimited Attendee)

Refund Policy
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