Money Tips: Bank Reconciliation. Do it! 

Money Tips: Bank Reconciliation - Do It!Bank Reconciliation! Is your homeschool group reconciling your bank account every month? You should be!

Carol Topp, the HomeschoolCPA, explains why bank reconciliation is the most important task you should do to manage your group’s finances. But don’t let your treasurer balance the bank account! It should be someone else. Listen to the podcast to understand why.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FEATURED PRODUCT from HomeschoolCPA:

 

 

Money Management in a Homeschool Organization

Does your homeschool group manage their money well? Do you have a budget and know where the money is spent? Do you know how to prevent fraud? This 115 page book will help you to open a checking account, establish a budget, prevent mistakes and fraud, use software to keep the books, prepare a financial statement and hire workers. Sample forms and examples of financial statements in clear English are provided.

Click Here to request more information!

 

Prevent fraud: Separation of duties 

Prevent Fraud: Separation of DutiesWhat’s the best way to to prevent fraud or mistakes in the finances of your homeschool group? It’s called separation of duties and Carol Topp, the HomeschoolCPA explains why your treasurer should not be doing all the financial tasks in your homeschool organization.

In this 12 minute podcast episode Carol explains how you can separate and share the money management tasks.

 

 

 

 

 

 

 

 

 

 

In the podcast Carol mentioned a list of suggestions to prevent fraud.

Excerpt from Money Management in a Homeschool Organization on preventing fraud (opens as a pdf)

 

 

 

 

FEATURED PRODUCT from HomeschoolCPA:

 

 

Money Management in a Homeschool Organization

Does your homeschool group manage their money well? Do you have a budget and know where the money is spent? Do you know how to prevent fraud? This 115 page book will help you to open a checking account, establish a budget, prevent mistakes and fraud, use software to keep the books, prepare a financial statement and hire workers. Sample forms and examples of financial statements in clear English are provided.

Click Here to request more information!

 

What Does a Treasurer Do?

Carol Topp of HomeschoolCPA explains the tasks a treasurer does in your homeschool board and why her position needs lots of oversight. Do you think all a treasurer does is write checks? Their job involves a lot more that that! Carol Topp of HomeschoolCPA explains the tasks a treasurer does and why her position needs lots of oversight.

In the podcast Carol mentioned a list of Best Financial Practices. Find it here: http://HomeschoolCPA.com/Fraud

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FEATURED PRODUCT from HomeschoolCPA:

 

 

Money Management in a Homeschool Organization

Does your homeschool group manage their money well? Do you have a budget and know where the money is spent? Do you know how to prevent fraud? This 115 page book will help you to open a checking account, establish a budget, prevent mistakes and fraud, use software to keep the books, prepare a financial statement and hire workers. Sample forms and examples of financial statements in clear English are provided.

Click Here to request more information!

 


Special Thanks to our Network Sponsor!


We’d like to thank our Ultimate Homeschool Radio Network sponsor Sony and their new movie, The Star, the Story of the First Christmas – Coming in Theaters November 17th!

Visit TheStarMovie.com to learn more.


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