Pharmacy Accounting Webinar Series
Take Charge of Your Pharmacy's Finances
With Expert Guidance from Sykes & Co.
Sykes & Company, PA is the nation's premier accounting firm for independent pharmacies. Sykes has empowered hundreds of pharmacies across the country to boost their profitability and bottom line by helping them improve performance across multiple facets of their operation. American Pharmacies is proud to have partnered with Sykes on a series of higly informative webinars aimed at empowering our members to take charge of their pharmacy finances.
Nov. 4, 2021
Pharmacy Tax Planning & Mitigation in 2021
Presenters: Kendall Harris, CPA & Scotty Sykes, CPA, CFP
Many tax changes and developments have transpired since the pandemic and the inauguration of President Biden. This webinar will discuss key tax planning strategies, developments and legislative updates you need to know to manage your tax mitigation opportunities and maximize your cash flow.
Sept. 10, 2021 | America Pharmacies APEX Conference San Antonio
The Big Picture – Bringing Pharmacy Accounting Together to Maximize Your Opportunities
Presenters: Scotty Sykes, CPA, CFP® & Ollin Sykes, CPA, CITP, CMA
Up to this point, our webinar series has covered the fundamentals, third-party receivables, inventory and debt management. This live CE event will bring it all together so you can see how these components work together to give you the information you need to better manage and grow your pharmacy business. We’ll also touch on how to read your financial statements and discuss the key pharmacy performance indicators you need to know. Finally, we’ll leave you with a teaser of important tax topics that we’ll cover in more detail in our last webinar on Nov. 4.
Not Recorded : CLICK HERE for PPT presentation
Aug. 26, 2021
Managing Debt and Maximizing Cash Flow
Presenters: Scotty Sykes, CPA, CFP & Ollin Sykes, CPA, CITP, CMA
Debt is a vital component of your pharmacy, balance sheet, cash flow and growth. This webinar will discuss the various forms of debt, common mistakes in managing debt in a pharmacy and how to structure debt to maximize your cash flow.
July 22, 2021
Third Party Receivable and Inventory Best Practices for Pharmacies
Presenters: Scott Sykes, CPA, CFP® & Kathy Blanchard
As key fundamental components of your accounting system, ensuring third-party receivables and inventory best practices are in place is vital to understanding the performanur pharmacy andce of your pharmacy. This webinar will overview unique aspects of third-party receivables and inventory, plus we’ll discuss best practices for managing these areas in yo accounting system.
June 24, 2021
Optimize Pharmacy Cash Flow with Fundamental Accounting
Presenters: Ollin Sykes, CPA, CITP, CMA, Sykes & Company, P.A. Scotty Sykes, CPA, CFP® Sykes & Company, P.A.
A lot has evolved in the pharmacy industry since the arrival of COVID-19, but one factor remains constant for success: fundamental accounting. This webinar -- the first in an extended series -- will explore why fundamental accounting is critical to pharmacy success, what best practices pharmacies should implement in the back office and tips and strategies for minimizing taxes and maximizing cash flow and profitability.