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SCORE: Understanding Financial Reports

Sep
1
2020
Tue 11:30 AM to 1:00 PM
Topic: Start-up Assistance

Most business owners know they need a set of books to be able to file tax returns but may not appreciate how this financial information can be used to run their business. This seminar will help you gain a basic understanding of how to use financial reports to run your business and file tax returns. Just as a CPR class teaches you how to perform the basics of cardiac pulmonary resuscitation, this seminar will explain how to read and use basic Quickbooks reports: Profit and Loss (“P&L”), Balance Sheet, Accounts Payable, Accounts Receivable, Payroll Earnings Summary and Transaction reports. It will not train you to be an accountant (just as a CPR course will not make you a cardiac doctor), but it should give you the confidence to be able to understand and use information from your books to effectively run your business and, of course, file tax returns.

Speaker(s): Don Nalley, Accountant at Carol L King & Associates, PA. A wiz with Excel, Don loves to slice and dice numbers to help his clients. An Asheville native, Don has a Masters of Accountancy degree from the Muma College of Business at the University of South Florida, along with over 8 years of experience as an accountant and auditor. In college, Don fell in love with accounting and changed his major after aceing his first class because it clicked with him. After 3 years as an auditor, Don decided to change direction and use his skills to help small businesses grow. Since joining the CLK Team, he has rediscovered his love for accounting along with a passion to help people realize their financial goals. Don believes in being active in the community and enjoys camping and playing sports, especially baseball and football.

Co-Sponsor(s): Asheville SCORE and Carol King and Associates


Fee: No Cost

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