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The fundamentals of financial reports

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Bendigo Bank Theatre Room, Capital Theatre

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Does your accountant say you made a profit when you have no money left in the bank? Maybe you just can’t figure out why those loan repayments aren’t deductible? The key to understanding how your business is performing is by regularly reviewing the performance through its financial statements.

Unfortunately, a lot of accountants like using big words that just don’t make sense. This session is aimed at business owners who want to go back to basics. What is a profit and loss statement and why is this different to a balance sheet? What do each of them tell you about your business? Why should you use a cash flow statement?

Presented by Damien Palmer, we will consider why each statement is important and how you can use it to make sure everything looks on track. Running a business is time consuming, keep on top of your financials to make it easier for you.

Tea, coffee and nibbles provided. Please RSVP for catering purposes.

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Bendigo Bank Theatre Room, Capital Theatre

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