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Navigating Your Business Finances: A Guide to Key Bookkeeping & Compliance
June 6 @ 12:00 pm - 1:00 pm
Free
Learn more and register here: https://www.eventbrite.com/e/navigating-your-business-finances-a-guide-to-key-bookkeeping-compliance-tickets-910829484507
This guide breaks down bookkeeping into easily manageable tasks, organized into daily/weekly, monthly, quarterly, and yearly routines.
New Mexico Rainforest University Center Seminar Series:
UNM Rainforest Innovations in partnership with the New Mexico EDD JEDI Office are hosting a technical assistance series. The New Mexico Rainforest University Center provides entrepreneurial training and technical assistance at the University of New Mexico main and branch campuses. The webinars are free and open to the UNM community and the public via web access, but registration is required. A certificate program in entrepreneurial capabilities is available to UNM students and community members thru UNM’s Innovation Academy. If interested in the certificate program as part of the seminar series, please contact Cecilia Pacheco Becenti at cpacheco@innovations.unm.edu.
This webinar is offered virtually via Zoom. Join using this link: https://us06web.zoom.us/j/82873148228
About this Event:
“Navigating Your Business Finances: A Guide to Key Bookkeeping & Compliance Tasks” is a vital tool for entrepreneurs and small business owners aiming to effectively oversee their financial operations. This guide breaks down bookkeeping into easily manageable tasks, organized into daily/weekly, monthly, quarterly, and yearly routines.
Daily/Weekly: Focuses on tracking transactions and maintaining a clear financial record, emphasizing the importance of regular account reconciliation and cash flow monitoring.
Monthly: Guides on consolidating financial data, reconciling bank statements, managing receivables and payables, and preparing financial reports to ensure informed decision-making.
Quarterly: Discusses preparing financial statements, estimating taxes, and assessing financial health to adjust business strategies accordingly.
Annual: Highlights the comprehensive review of financial performance, tax filing, and strategy planning for the upcoming year.
The guide also stresses the significance of organizing financial documentation, like saving receipts, to ensure the accuracy of financial statements. It explains how thorough bookkeeping is crucial for generating financial statements—balance sheets, income statements, and cash flow statements—which are key to understanding business financial health, securing financing, and strategic planning.
This condensed guide empowers business owners with the knowledge to navigate their finances, aiming for growth and stability through effective financial management.
About Amber Hillis Parker, CPA Founder & CEO:
Amber was born and raised on the Navajo Nation and is of the Towering House People born for The One Who Walks Around. She is an alumnus of Fort Lewis College where she double majored in Accounting and Finance. Amber is a licensed CPA in the state of New Mexico and has over ten years in the accounting and finance industry. She has worked in different capacities as an auditor, accounting supervisor, agency director, business manager and controller managing financials from 50 million to 132 million.
In her spare time, Amber finds joy in hosting family gatherings, traveling and hiking. Amber resides in Farmington, NM with her husband and two daughters, and is grateful for the opportunity to use her experience, skills, and expertise as a certified public accounting to provide accounting and tax services to her many clients.
Hillis Parker & Associates is based in New Mexico and is a Native American woman owned CPA firm. We serve private enterprises, and entrepreneurs throughout the U.S. by providing tailored accounting and tax services.
About the New Mexico Rainforest University Center
The New Mexico Rainforest University Center provides entrepreneurial training and technical assistance at the University of New Mexico main and branch campuses. The webinars are free and open to the UNM community and the public via in person or web access, but registration is required. A certificate program in entrepreneurial capabilities is available to UNM students and community members thru UNM’s Innovation Academy. If interested in the certificate program as part of the seminar series, please contact Cecilia Pacheco Becenti at cpacheco@innovations.unm.edu.