Free

Introduction to Budgeting - Mundaring

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Shire of Mundaring

7000 Great Eastern Highway

Mundaring, WA 6073

Australia

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This event was created in collaboration with the Mundaring Chamber of Commerce

Want to get started on or implement budgets for next Financial Year but don’t know
where to start?
In this workshop, you will need to bring a calculator, and also reports from your existing
business (if available) showing Profit & Loss (month to month) and Balance Sheet
(month to month) for the past 12 months.
Join The Business Knowledge Centre to learn about the 2 main types of budgets used in
a business and how to go about establishing them:
● Business (performance) budgets
○ What is it?
○ How is it used?
○ How can it benefit your business?
○ What information do you need to create one?
○ How to begin constructing a performance budget for your business
○ How often should it be reviewed and updated?
○ How to analyse the actual v’s budget figures
● Cash Flow Budgets
○ An introduction to cash flow
■ Why is cash flow important
■ The importance of good record keeping in relation to cash flow
■ Understanding the correlation between Profit & Loss and the
Balance Sheet to understand where all the money goes
○ How is a cash flow budget different to a performance budget?
○ What is it?
○ How is it used?
○ How can it benefit your business?
○ What information do you need to create one?
○ How to begin constructing a cash flow budget for your business
○ How often should it be reviewed and updated?
○ How to analyse the actual v’s budget figures


Presented by Sarah Atkinson & Karen Main from The Business Knowledge Centre
www.http://bkcentre.com.au/

Instructions to Attendees: As a courtesy to other participants and the presenter, please arrive in plenty of time. As a condition of providing these workshops for free, there are a number of forms that need to be completed by each attendee (contact details, business information, etc). Please be patient as we complete these at the beginning and end of the workshop.

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Date and Time

Location

Shire of Mundaring

7000 Great Eastern Highway

Mundaring, WA 6073

Australia

View Map

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