Understanding Cash Flow, Profits and Budgets

Event Information

Refund Policy

Refund Policy

Refunds up to 1 day before event

Eventbrite's fee is nonrefundable.

Event description


Do you sometimes wonder why your profit and loss statement shows a profit, yet you still struggle to pay bills, tax and wages? Business profit doesn't mean good cash flow and as a business owner it's important to understand the difference between cash flow and profit, as well as knowing how to budget and read essential reports.

This workshop covers:

  • An overview of the chart of accounts

  • An explanation of profit and loss, and balance sheet reports

  • How to create a budget

  • How to compare budget vs actuals

  • Understanding the difference between cash and profit

This session steps you through creating a budget. If you would like to take part, bring a laptop with Excel installed or you can just watch if you prefer.

The facilitator for this workshop is Bookwiz, a multi-award winning business advisory firm that has been providing bookkeeping, BAS and payroll services for 20 years. The presenter has extensive experience with MYOB and XERO training, change management/digital transformation consulting and financial literacy training for small business owners and more than 25 years in the financial services industry.

This workshop is presented by the SBDC, the only agency in the Western Australian Government dedicated to helping small business. In fact, we've been providing practical support to small business owners for more than 30 years.

Important booking information

You are limited to two tickets per booking (you can of course make more than one booking).

Two days before your workshop we will be emailing you with important information. Therefore, if you are booking for more than one person, please ensure you provide each person's email address.

To book for larger groups, please contact us on 133 140.


What are my transport/parking options for getting to and from the event?

This workshop is being held at Bookwiz, 12 Old Collier Road, Morley WA 6062. There is limited parking outside the office but there is free 5-hour parking across the road.

What's the refund policy?

You can cancel your booking up to 24 hours before the workshop starts. No refunds will be issued after this time.

Do I have to bring my printed ticket to the event?

No, you don't need to bring your printed ticket.

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Refund Policy

Refunds up to 1 day before event

Eventbrite's fee is nonrefundable.

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