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Streamlined Bookkeeping Enhancement Project

Closed
Aspire Inc.
Aspire Inc.
Windsor, Ontario, Canada
Melissa Yaw
Director of Operations
(10)
4
Project
Academic experience
50 hours of work total
Learner
Canada
Intermediate level

Project scope

Categories
Accounting Data visualization Data analysis Operations Financial services
Skills
financial analysis record keeping research reports presentation design financial analytics business communication small business accounting microsoft excel report writing
Details

Aspire Inc. seeks to enhance its bookkeeping processes to improve financial transparency and decision-making. This project involves organizing financial documents, recording transactions, and refining bookkeeping workflows. Students will compile expense reports with visual summaries and research bookkeeping tools to boost efficiency. The goal is to provide students with practical experience in financial documentation and process improvement, applying classroom knowledge to real-world scenarios. By engaging in tasks such as financial tracking and reporting, students will assist in reconciling transactions and ensuring data accuracy. They will also explore and recommend cost-effective apps to automate bookkeeping tasks, gaining exposure to industry practices in consulting and small business operations.

Deliverables
  • 1) Students will deliver organized financial records, creating a structured system for easy access and tracking of key information.


  • 2) They will produce a monthly expense report template using Excel or Google Sheets, featuring basic charts to illustrate spending trends.


  • 3) Additionally, students will submit a report on bookkeeping tools, including a tested tool and recommendations for efficiency improvements.


  • 4) Finally, a process improvement summary will outline their contributions and suggestions for simplifying bookkeeping.
Mentorship
Domain expertise and knowledge

Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.

Skills, knowledge and expertise

Sharing knowledge in specific technical skills, techniques, methodologies required for the project.

Hands-on support

Direct involvement in project tasks, offering guidance, and demonstrating techniques.

Tools and/or resources

Providing access to necessary tools, software, and resources required for project completion.

Regular meetings

Scheduled check-ins to discuss progress, address challenges, and provide feedback.

Supported causes

The global challenges this project addresses, aligning with the United Nations Sustainable Development Goals (SDGs). Learn more about all 17 SDGs here.

Decent work and economic growth

About the company

Company
https://www.aspireinc.ca
Windsor, Ontario, Canada
0 - 1 employees
Business services, Non-profit, philanthropic & civil society, Marketing & advertising, Individual & family services, Business & management
Representation
BIPOC-Owned Small Business Social Enterprise

We are a social enterprise focused on increasing the sustainability of start-up businesses by entrepreneurs from marginalized groups, we offer coaching, mentoring, resources and operational support to better position their success. We aim to support individuals from these groups in achieving economic freedom through the pursuit of entrepreneurship and sustainable endeavours. Proceeds from our company is always reinvested into supports for the communities we serve.

Our business entails consulting services along with an online retail store where proceeds are reinvested back into community supporting entrepreneurs and other non-profit organizations.

This work will ultimately support our consulting area of work and will benefit our Non-Profit arm of work through AspireToBeGreat Inc. and TopOfTheRACK.