Homeschool board members don’t understand a balance sheet, so it is often ignored, but Carol Topp, the HomeschoolCPA, explains why that is a big mistake.
In this short podcast she explains what a balance sheet is and what are red flags in a Balance Sheet. You’ll be a better informed board member after listening to this podcast episode.
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.
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When your homeschool treasurer hands you a financial statement, do you know what you’re looking at? HomeschoolCPA, Carol Topp, explains how to read and understand the statement of revenues and expenses. This 15 minute podcast will help your treasurer prepare a statement that is easy to read and understand.
