Introduction to understanding staffing Industry profit

Overview

Highlights

Staffing firms must use accounting information and financial statements to make informed business decisions. The most critical data point is company profit, and you need to understand fundamental accounting principles to determine how to increase company profit and improve the business’s results. This webinar explains how business transactions are posted to the accounting records and how financial statements are produced. Get an understanding of balance sheets, income statement, and other useful reports.

During this webinar, attendees will learn

• What the double-entry accounting system is and how to use it
• How the accounting cycle is used to create financial statements
• How to use balance sheets and income statements to make informed business decisions

Presenter

Ken Boyd, chief educator, Accountinged.com