After the Election: Accounting for Business Growth and Transitions

The role of accounting can go well beyond just tracking the numbers; providing advice to clients who are business owners will support their decision making and help them to generate real value. That’s why advanced planning for growth and transition is the focus of a new certificate course published by Knowledge Bureau this month.

“Building wealth is important to business owners, but for them more than others, it’s about more than the money – it’s about understanding when you can stop worrying about it,” says Evelyn Jacks, President of Knowledge Bureau. “That’s why we are pleased to offer a new take on business transition, written by three experts who really know this market: Jenifer Bartman, CA, CMC, and Larry Frostiak, FCA, CFP, TEP, as well as Alan Rowell, MFA, DFA-Tax Services Specialist.  Jenifer will join us to discuss the essence of growth and transition planning at the DAW Workshop tour starting next week.”

Tax and bookkeeping professionals must be prepared to rise to the occasion when businesses pass through a variety of transitions. Students in the program learn in the comfort and convenience of their own homes or offices, as the courses are offered online with individual student support. 

Students will earn 30 CE/CPD credits required from other professional organizations as well as Knowledge Bureau, as they complete their DFA-Tax or Bookkeeping Designation, or the MFA Designation as a Business Services Specialist.  

“Growing companies are dynamic places, and there are a number of specialized issues that could arise during the lifecycle of a business that many business owners and their accounting departments are not quite prepared to manage,” says co-author Jenifer Bartman, “These include the complexities related to expanded operations, how to enter new markets, revise organizational structures, provide new consolidated financial statements, and approaches for structuring a business transition.”

Students are invited to take a free trial to sample the course and learn about more about the key areas that add value, including:

• Understanding the due diligence process, what buyers and sellers need, and how to provide that information in a discreet and professional manner to meet their goals.
• How to support a business leader prior to, during, and after a transition of the business.
• How the accounting function can take steps to add value, in both day-to-day operations and times of transition.

In addition, those who work in the accounting function will gain an understanding of how to take a leadership role in creating a value-centered department that could help to support the growth and development initiatives that occur over the lifecycle of a business. For more information and to enroll in this course, call 1-866-953-4769 or enrol online, anytime.