Eighty-six percent of business owners say that wearing the “financial hat” stresses them out the most. If there is one thing that can transform your relationship with your finances, it is the Chart of Accounts! Join Evergreen and Elli Papadopoulos of Skopos Collective for this five-session seminar and learn to customize your Chart of Accounts so it works best for your business!
What is the Chart of Accounts, and why is it so important? Your Chart of Accounts forms the basis of the most important business financial statements: the Income Statement and Balance Sheet.
So if you’ve looked at your P&L and struggled to understand it, you probably need to redesign your Chart of Accounts, which is what this class is meant to help you with.
A Chart of Accounts revamp is also important if your business model has changed. As you launch new strategic initiatives, develop new products, pursue new sales channels, develop new sourcing partnerships, or invest in your people, your financials should highlight such important changes.
This class will help you through the process of redesigning your Chart of Accounts, which is both an art and science. We’ll begin with essential financial terminology and will show you how ‘managerial accounting’ can transform your understanding of your business finances, from break-even analysis to pricing for profit.
In five weeks’ time, you’ll have a P&L that reflects how your business operates, and a renewed ownership of your numbers.
The course is free but spots are limited. This seminar is both an online and in-person course- sessions one, two, and four will take place online via Zoom, and classes three and five will take place in-person at the Evergreen offices at 2 Kingsland Ave. In both environments, the class will be interactive and attendees will be expected to participate.
Please direct any questions about this course or the application to Natalie Vichnevsky.