LIVE ZOOM: Keeping the Books: Business Accounting Basics

Every business decision must be made with an eye toward the bottom line. Learn to accurately assess your business’ financial outlook and plan for the future by understanding the basics of business accounting and finance.

Class covers:

• How to apply the fundamentals of financial modeling to set realistic, achievable goals
• How to apply basic accounting concepts to ensure an accurate financial snapshot of your business
• How to use key financial statements like income, balance sheet, and cash flow
• Apply what you learn to real-life “case studies” of businesses in different financial situations
• Pros and cons of different accounting software available to small businesses

Participants are encouraged to join the Zoom session using video as this class may involve sharing of visual information and writings, participation via the chat function, and the opportunity to interact with others. Virtual networking reception to follow class.

Presented by Gary Krausz (https://www.gursey.com/persons/gary-l-krausz/):

Gary Krausz provides audit, accounting and consulting services to middle-market businesses and not-for-profit organizations in Southern California. He is a member of the California Society of Certified Public Accountants and the American Institute of Certified Public Accountants (AICPA.) He also holds the Certified in Financial Forensics (CFF) credential offered by the AICPA. Gary serves on the Accounting Principles and Auditing Standards Technical Committee which is the highest technical committee of the California Society of CPAs on accounting and auditing issues; Gary also helps plan the annual Accounting and Auditing Conference of the CalCPA Education Foundation. Gary regularly teaches undergraduate level accounting courses at UCLA Extension.

Gary holds a Bachelor of Arts degree in Economics from the University of California, San Diego and a Master of Accounting degree from the University of Southern California. Outside of work, Gary serves on the Board of Directors and is the Treasurer for The Executives, a support group for the Los Angeles Jewish Home, volunteers for his children's school PTA, and various other community outreach and educational committees of the California Society of CPAs.

LA Law Library does not provide legal advice:

LA Law Library does not provide legal advice. LA Law Library provides legal resources and assistance with legal research as an educational service. The information presented in this program is not legal advice and is provided solely as an educational service to our patrons. For legal advice, you should consult an attorney.

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