Bookkeeping & Accounting: The Enlightenment

Bookkeeping and accounting is the opaque province of bookkeepers and accountants.

  • It is debit and credit concepts that defy gravity.
  • It is incomprehensible jargon.
  • And, its practitioners are witch doctors appointed to administer relief to the financially disabled in return for money.

But don’t despair, if you can read a nutrition label on a can of beans this presentation is for you!   It’s an hour or so of indispensable clarification of an obscure but essential process.

It’s a discussion about:

  •  Gathering and entering data.

  • A process of data analysis to help with –

  • Regulatory compliance

  • Extraction of information

  • Financial control

  • The structure of financial statements

  • Examination of financial statements of two small businesses, one a success, the other a failure.

  • Why Cost of Goods data is critical

  • Simple but powerful financial ratios

  • Relationship to tax returns

  • Where to begin and how to get it done.

  • Why this stuff is difficult.

  • Use of popular small business accounting programs.

  • Finding and engaging expert help.

  • Use of IRS and NM Tax & Rev information.

  • A cautionary overview of NM Gross Receipts Tax

The presentation, ideal for start-ups and growing enterprises, can be scheduled by calling Desert Accounting LLC: 505-771-1445

Presenter Bob Hyde:

Desert Accounting LLC, practicing bookkeeping and accounting since 2004

College of Santa Fe: BBA Accounting: 2005

BCE:Many years line management with P&L responsibilities in manufacturing, process control and telecommunications, in the UK and the NE USA.

FatPipe ABQ is a collaborative workspace where entrepreneurs start businesses. Bring your vision to life in a collaborative space, working among like-minded people with whom you can share ideas and resources. Learn more at www.fatpipenm.com.

This is a brown-bag lunch event so bring your own lunch! Soft drinks and water will be provided. This workshop is free – but you do need to register!