Learning that matters to our members
CPB Canada provides industry-specific learning to keep you informed about industry updates, business best practices, accounting practices, and more! Take a look at our upcoming events below.
Info
Many talk about bookkeeping becoming obsolete in the future. What may become obsolete in the bookkeeping industry is the data entry part which is most likely to become automated. Whereas, data analysis will not be automated. This ultimately means, that as bookkeepers, we need to understand how to use financial statements to provide the answers to the questions your clients are looking for.
The value bookkeepers bring is how we see all the data going in and out or perhaps where they should or should not be going, and they can provide real-time money-saving information.
It is more about clearly identifying the information the client wants to know or needs to know to make important and timely decisions. This means having your clients answer these two key questions: 1. What is it you want to know? 2. Why do you want that information? And for us to be able to provide the information.
Learning Level: Intermediate
Learning Objectives:
- Understanding the Balance Sheet and Income Statement
- Practical Uses of the Financial Statements. (Pricing margins, fixed costs, burn rate, etc.)
- When to Budget versus Cash Flow
Presenter: Janet Shimizu
Janet attained her CPB designation late in 2021 after over 15 years of learning from her mistakes. Janet has been budgeting since she was 10 and analyzing financial statements since she was 20. One of her earliest positions was budgeting at Xerox Canada Inc. Let’s take a practical look at financial statement analysis and how to help clients who know their questions, but too often cannot read the statements themselves.
Location: James & McIntyre Boardroom - Suite 25A - 5755 Cowrie Street, Sechelt, BC, V7Z 3A0
Contact: Regional Network Chairs - Rinette Lagace, CPB - Email: rinette@netbookkeeping.ca & Janet Shimizu, CPB - Email: scbookkeepergroup@gmail.com
CANCELLATION: Meeting spaces may have a minimum registrant requirement. Out of respect for the regional network chairs who arrange these meetings and the fees required to run them, if you have registered and are unable to attend, please email your cancellation notice to your local RNC or regionalnetworks@cpbcan.ca so the event space can be notified accordingly.