Financial management and forecasting are foundational for the success of audiology practices—and yet, can stir the most fear and frustration among practice owners and managers. This session will provide attendees with exceptional insight into best practices for the financial management of audiology practices and everything you need to know to figure, factor, and formulate plans for success.
- Attendees will be able to describe the difference between cash and accrual accounting
- Attendees will be able to list the key financial metrics, formulas, and factors used to track the health of audiology practices
- Attendees will be able to demonstrate the process for accurately forecasting financial trends in an audiology practice
