Accounting for Veterinary Practices FLEXCAST
Available Until
Your Desk
3.0 Credits
Member Price $49.00
Non-Member Price $56.00
Overview
A veterinary practice has several operational issues that call for unique accounting solutions. In the Accounting for Veterinary Practices course, we cover the need for practice-specific controls, as well as profit center reporting for each of its revenue-generating areas. We also note the accounting for all major practice areas, including payroll, fixed assets, billings, and payables, with extensive coverage of how to close the books.
Highlights
The chart of accounts. The purpose of financial statements. Cash basis vs. Accrual basis accounting. Billing and collection activities. Processing expense reports. Accounting for payroll transactions. Closing the books. Veterinary practice financial analysis. Cost control.
Prerequisites
None.
Designed For
CPAs, CEOs, CFPs, and other accounting professionals.
Objectives
The chart accounts. The income statement. Sale tax remittances. Accounting for fixed audit. Accounting for the cost of goods sold. Accounting for payroll transactions. Closing books. Veterinary practice financial analysis. Cost control. Fraud indicators.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $56.00
Member Price $49.00