Bookkeeping

TRAINER: Michael Mori – Business Made Simple

Date 13 October 2015
Time 08:30 – 16:30
Venue Chamber House, Royal Showgrounds
COST (includes vat and lunch)
Members: R1 180 p/p, R1 150 p/p for 3/more, R1 100 p/p for 5/more
Non-members: Please note that payment is required in advance. R1 280 p/p, R1 250 p/p for 3/more, R1 200 p/p for 5/more

OVERVIEW
Statistics show that your business is likely to fail if you don’t get to grips with the basics of accounting and apply financial principles to the management of your business. Decisions made throughout the whole of your organisation need to take its financial position into consideration. However, the information coming out of your financial record keeping system is only as good as both the system itself and the information being input. As a result, both you and your managers may be making business decisions based on either poor financial information or no financial information.

Some of the tools the delegate will be able to implement immediately:
• Evaluate your current record keeping system and financial tools.
• Clear old accounting backlogs and shoe boxes full of slips.
• Critically examine and interpret key financial information.
• Understand the differences between cash flow, profit and revenue.
• Create an accurate income statement for your business.
• Find out your organization’s financial position.
• Optimise your use of working capital.
• Analyse variances in budgets and take remedial action.
• Distinguish between short-term and long-term financial decisions.
• Prepare a financial pack suitable for an accountant to submit Income Tax and VAT returns.

WHO SHOULD ATTEND
Anyone who wants to create better outcomes to pressing organisation problems.
Managers, Small Business Owners, and Finance Assistants.