The Unaccountable Pharmacy: Accounting Fundamentals for Your Pharmacy

Tuesday, October 18, 2016
8:30 - 10 a.m.
Ernest N. Morial Convention Center
Continuing Education Credits: 0.15 (1.5 Contact Hours)
ACPE UAN: 0207-0000-16-121-L04-P and 0207-0000-16-121-L04-T

Opportunities for a profitable new niche or innovative idea require information at your fingertips to help you assess the new investment, but this information is often not as accessible as it should be for ready decision-making. Additionally, key expenses may be hampering your ability to expand and capitalize on new opportunities. This program will bring you an expert in community pharmacy accounting familiar with all of the ins and outs of today’s challenging market, to help you bring the accuracy you need to your fundamental accounting system.

Pharmacist and Pharmacy Technician Learning Objectives:

  1. Illustrate the main drivers of expense in the average community pharmacy.

  2. Create an outline of options for benchmarking and controlling expenses.

  3. Discuss strategies to manage the impact of high fees and cash flow issues on your community pharmacy.

Speaker: Ollin Sykes, CPA.CITP, CMA, president, Sykes & Company, PA, Edenton, North Carolina; Scott Sykes, CPA, Sykes & Company, PA Edenton, North Carolina

Activity Type: Application-based
Audience: Pharmacists and Pharmacy Technicians