Posts Tagged accounting training

Foundation Stabilization Companies Attend Accounting Training in Omaha, NE

_MG_2209Over 25 owners and accounting personnel from across the Foundation Supportworks (FSI) dealer network attended Accounting Training in Omaha, NE on March 19th and 20th.  During the two day event, several discussions focused on how to critically read the financial statement and how to decipher areas of a business that are doing well but also areas that may be problematic and need attention.  There are many inputs needed to generate the financial statement and these inputs were also covered, including accounts payable, accounts receivable, managing inventory, and payroll.

Banking success is important to any business and knowing what a bank requires is key to a business’s success.  FSI brought in a banking expert to discuss the importance of understanding what a local bank expects from a company.  Topics discussed included revolving lines of credit, asset and lending values, as well as hot-button banking issues.

The training concluded with a panel discussion where the attendees had the opportunity to “ask the experts” questions related to the accounting side of their business.

, , ,

No Comments

Foundation Stabilization Companies Participate in Accounting Training

P1040921Over 20 owners and accounting personnel from across the Foundation Supportworks dealer network attended Accounting Training in Omaha, NE on July 11th and 12th.  The attendees discussed the importance of critically reading a financial statement in order to make effective business decisions while also determining the potential problem areas within a business.  Other topics covered during the event included accounts payable, accounts receivable, managing inventory, and payroll.  The training also included a presentation from a banking expert who discussed the importance of understanding what your local bank expects from your company.  His discussions focused on revolving lines of credit, asset and lending values, as well as hot-button banking issues.  The training concluded with a panel discussion where the attendees had the opportunity to “ask the experts” questions related to the accounting side of their business.

, , ,

No Comments

Foundation Stabilization Companies Attend Accounting Training

Nearly 20 owners, managers, and accounting personnel from throughout the Foundation Supportworks dealer network participated in accounting training in Omaha, Nebraska on June 6th and 7th.  The training covered many different topics during the two day event, including how to effectively analyze financial statements, measure key performance indicators such as inventory turns and days in accounts receivable, employ successful inventory control methods, implement processes for receiving and stocking products and materials properly, and apply strategies for collecting money due.

In addition to classroom discussions, those in attendance observed a presentation by the Vice President of American National Bank, who spoke on the importance of having a strong relationship with your local bank.  The presentation focused on banking issues that are relevant to foundation repair companies, including revolving lines of credit and regulatory requirements.

The training incorporated many hands-on activities to provide real-world applications for the attendees, as well as a panel discussion where participants had the opportunity to “ask the experts” questions related to the accounting side of their business.

, , , ,

No Comments

Foundation Repair Companies Attend Accounting Training

Nearly 30 owners, managers, and accounting personnel from throughout the Foundation Supportworks dealer network participated in accounting training in Omaha, Nebraska on December 6th and 7th.  The training covered many different topics during the two day event, including how to effectively analyze financial statements, measure key performance indicators such as inventory turns and days in accounts receivable, employ successful inventory control methods, implement processes for receiving and stocking products and materials properly, and apply strategies for collecting money due.

In addition to classroom discussions, those in attendance observed a presentation by the Vice President of American National Bank, who spoke on the importance of having a strong relationship with your local banking institute.  The presentation focused on banking issues that are relevant to foundation stabilization companies, including revolving lines of credit and regulatory requirements.

The training included many hands-on activities to provide real-world applications for the attendees, as well as a panel discussion where participants had the opportunity to “ask the experts” questions related to the accounting side of their business.

, , , ,

No Comments