Free

Effective Financial Management 2.0

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Industry House

10 Binara Street

Canberra, ACT 6001

Australia

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Event description
Establish, understand and use financial and related information as a tool to manage your business effectively.

About this event

This free workshop has a focus on enabling SME managers and owners to be come confidant with finance terminology and to understand the linkage between effective financial management and your business strategies.

Participants will gain an understanding of how to structure a business to ensure best practice in financial management are embedded into everyday operations, including:

  • How to understand financial reports
  • What is the Chart of Accounts and is yours poorly designed?
  • The importance of cash flow projections and management
  • What your balance sheet shows you about the business
  • Understanding your profit and loss report
  • Using financial reports in business decision making including exploring the importance of budget processes and financial forecasting
  • Protecting the business with internal controls
  • Introducing accountability through reporting
  • Identifying typical financial risks for SMEs
  • Exploring the linkage between financial management and delivering on future plans and strategies
  • Developing and understanding of your legal responsibilities as a Director, Owner and/or Manager.

For more information on this workshop, please contact eplearningevents@industry.gov.au

This is a free event hosted by the Department of Industry, Science, Energy and Resources Entrepreneurs' Programme, AI Group and Business Australia.

This event is designed to benefit small and medium Australian businesses.

If you have any questions about this event or any future events, please contact EPLearningEvents@industry.gov.au

Date and time

Location

Industry House

10 Binara Street

Canberra, ACT 6001

Australia

View Map

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