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Understanding Business Financials - EOFY (Wickham)

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Wickham Community Hub

Carse Street

Wickham, WA 6720

Australia

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With End of Financial Year (EOFY) right around the corner, you're probably starting to think about systems and procedures to close off the financial year in preparation for lodging your income tax return. This workshop looks at understanding business finance from an End of Year perspective; including examples from MYOB and Xero.

It is essential to be able to understand the financial health of your business, without relying solely on your accountant.

This workshop will show you how to develop ‘snapshot’ measures (key performance indicators) of your business progress to make sure it stays on track. It will also provide you with a good understanding of your financial essentials so that you will know the right questions to ask your accountant.

Presented by RSM Business Local - Business Advisor, Ren Mullane, this workshop covers the following topics:

- how to read a profit and loss statement
- knowing the difference between margin and mark-up
- understanding a balance sheet
- tracking key performance indicators
- knowing your net cash position
- the importance of managing cash flow.

You'll receive a practical workbook, and there will be an opportunity to ask questions.

You are advised to bring a calculator with you.

Workshop Facilitator
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Ren Mullane is a qualified accounting and finance professional (CPA, IPA Fellow) with experience servicing businesses from a wide range of industries in tax, insolvency, business planning, strategic planning and business development.

RSVP Essential.

#Pilbara #Wickham

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Date and Time

Location

Wickham Community Hub

Carse Street

Wickham, WA 6720

Australia

View Map

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