Accounting for Non-Accountants - Part 2
How to manage the key financial aspects of your business
OVERVIEW
This workshop assumes that you have completed Accounting for Non Accountants, or are already comfortable reading and understanding your financial statements. The aim now is to help you make good financial decisions during the year that will improve your end-of-year financial results.
Note that this is a hands-on workshop and participants will be asked to complete practical exercises. Please bring a calculator.
YOU’LL LEARN ABOUT:
- Ratio analysis and benchmarking
- Variable and fixed costs
- Break-even calculations
- Markups to cover business overheads
- The difference between cash and profit
SO YOU CAN:
- Determine whether the accounts show a good result or not
- Estimate future sales and expenses, and prepare a profit forecast
- Estimate break-even points for your business
- Determine the full cost of providing your products or services
- Calculate a selling price
- Use a cashflow forecast
TO ACHIEVE:
- A better understanding of the business' finances
- Improved forecasting of profit and cash
- Improved end-of-year financial results
WHO IS THIS COURSE FOR?
- Small business owners
- Managers making financial decisions
- Staff seeking a better understanding of business accounts.
Details
Date
Wednesday 7 November 2018
Time
9:00am to 12:00pm
Venue
The Chamber, 57 Kilmore Street
Presenter
Geof Franks
Geof Franks, Frankly Speaking. A chartered accountant, Geof specialises in training on a variety of practical accounting and business subjects. He is also a training facilitator and examiner for the Professional Accounting School of the New Zealand.
Pricing
Member
$280.00 + GST
Non-member
$560.00 + GST
Comments from previous attendees
"Learn to analyse the numbers better to see where we need to improve our business"
"Very easy to understand and friendly manner"
"Feel more informed & confident with financial figures"
"Geof is very clear and easy to understand."