BPA = bud's practical accounting (Consulting Services)
Q - What are the BPA consulting services?
A - bud's practical accounting consulting supplies a full line of accounting services ranging - From comprehensive business system analysis with recommendations (based on you and your company's needs)
- To simple face to face or email coaching of practical accounting.
Q - Why should I need the skill of reading my own company's Financial Statements?
A - When you develop the skills related to reading your own company's Financial Statements you are developing the skills to understand and monitor your business's financial history.
Q - What is Practical Accounting Coaching?
A - This is coaching you to navigate around your own accounting system, with an understanding of how the financial information ends up in your company reports, in effect its coaching you where financial information comes from and where it ends up in your system.
Q - Why do I need to understand Navigating the Accounting Software program?
A - Being able to navigate around an accounting software program gives us an understanding about how financial transactions enter into the system and the results (what happened) through reports.
Q - Why should a business man be involved in Chart of Accounts development?
A - The business owner or manager's participation in the development or improvement of the Chart of Accounts will give him a much better understanding of the economic operations of their business.
Q - Why should a business man Understanding Individual Key Revenue Sources?
A - This is not a trick question, the truth is that Sales (Revenue) is what makes the company's world go around, therefore it is imperative that you totally understand all the sources of revenue (no revenue = no company).
Q - What Keys should you look for on the company's Balance Sheet?
A - A simple answer is that you need to quickly see what the major accounts are and know what you are looking for.
Q - What Keys should you look for on the company's Income Statement?
A - You need to see how each group of accounts (Cost of Goods, Operating Exp, Selling Exp, and Admin Exp) relate to total Revenue.
