Bookkeeping Management

As a business owner or manger, you rely on your certified public accountant (CPA) to navigate the often-turbulent waters of business finance. While your CPA has years of financial information at his or her disposal, you may not. This lack of knowledge can make it difficult to understand your income statement and balance sheet.

Fortunately, you don't need to be a CPA to understand either document. Bookkeeping Management provides you with the financial knowledge you need to

• use the income statement and balance sheet to manage business operations,
• assess your business's financial strength,
• learn the importance of using the accrual method,
• discover how inventory numbers affect your net income,
• verify your income statement and balance sheet are correct,
• set up a daily cash reconciliation system for retail business,
• protect entities from cash theft,
• and much more practical information!

Ed Wuensche, a veteran in the world of financial statement preparation, supports his thorough explanations of income statements and balance sheets with real-life stories from his own clients' experiences to help you avoid common pitfalls and mistakes.

Learn to avoid problems and maximize your understanding of financial statements with Wuensche's practical, actionable advice. Bookkeeping Management won't make you a CPA, but you'll better understand what it is your CPA does.