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Course: Financial Reports, Checks and Balances - Part 1

Recorded On: 06/11/2020

Having a solid system of checks and balances in place for your accounting practices can bring benefits in many ways. For agencies in trust states, ensure your trust account is “in trust.” Bring greater accuracy in commissions paid to your producers. Confirm your organization is getting the amount of commission it should from insurers. Most importantly, a proper system of checks and balances can protect you and your business by providing accurate financial reports and minimizing damage that can be done by dishonest employees or those employees making honest mistakes. The presenter reviews various checks and balances for accounting and provides you with actionable thoughts to set them up. Attendees should have an understanding of basic accounting entries in Applied Epic or Applied TAM.

Skill level: Basic
Product: Applied Epic, Applied TAM
Target Audience: Accounting, Administration, Legal, Operations
Presenter: Maureen Boeing, Maureen Boeing Consulting LLC
Length: 60 minutes
Price: 99.00 for Applied Client Network Members
FREE for Advantage Members

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Course: Financial Reports, Checks and Balances - Part 1
Having a solid system of checks and balances in place for your accounting practices can bring benefits in many ways. For agencies in trust states, ensure your trust account is “in trust.” Bring greater accuracy in commissions paid to your producers. Confirm your organization is getting the amount of commission it should from insurers. Most importantly, a proper system of checks and balances can protect you and your business by providing accurate financial reports and minimizing damage that can be done by dishonest employees or those employees making honest mistakes. The presenter reviews various checks and balances for accounting and provides you with actionable thoughts to set them up. Attendees should have an understanding of basic accounting entries in Applied Epic or Applied TAM. Skill level: Basic Product: Applied Epic, Applied TAM Target Audience: Accounting, Administration, Legal, Operations Presenter: Maureen Boeing, Maureen Boeing Consulting LLC Length: 60 minutes Price: 99.00 for Applied Client Network Members FREE for Advantage Members You must register to access.
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