Series 3- Financial Literacy Class: Cash Flow

This is the third of a three series offering. To get the most out of this class we recommend you attend both the series 1 and series 2 classes first. Join us for a four week (see attendance dates below) series to learn more about the language of accounting. Are you intimidated by inventory, financial statements, and receivables? Does business accounting intimidate you? Join us as Boise State lecturer, JoAnn Wood, breaks down the language of accounting into an easy to understand series to help you understand the financial side of your business. What we'll cover: · Week 1 (Apr. 5th): Cash Flow Statement Have you noticed you can have a positive net income but don’t have any cash available? This week we will learn if your cash is going to operating, financing, or investing. · Week 2 (Apr. 12th): Inventory Inventory is a big part of your cash flow. Understand how inventory is affecting your business and what method you are using to value it. · Week 3 (Apr. 19th): Accounts Receivable and Sales Tax Cash coming in quickly allows helps your cash flow worries. We will explore customer discounts, collection ideas, and sales tax. · Week 4 (Apr. 26th): Accounts Payable and Line of Credit Cash going out is stressful. We will explore how to ask for discounts and talk about line of credits.

Speaker(s): JoAnn Wood is a lecturer of accountancy in the College of Business and Economics at Boise State University. She received her undergraduate degree in business/marketing education from Utah State University in Logan, Utah, and a master of accountancy from Boise State University. Previously, she has worked in several areas of the private sector, such as manufacturing, real estate, law, service, and communication. JoAnn serves as the treasurer for the Idaho Suzuki Association, a local non-profit organization that teaches kids to play the piano and strings instruments through listening, repetition and encouragement. She is also active in her church community and leads children in their weekly services. JoAnn was raised in Rockland, Idaho, a farm community that cultivated her strong work ethic. Her husband, Nathan, was born and raised in Arlington, Virginia. They feel Boise offers the right mix of city and country to call home. In her spare time, JoAnn enjoys spending time with her family, running, and reading.

Co-Sponsor(s):

Fee: $ 40.00