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.

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