Understanding Financials for Business Planning

Venue:
Online
 
Date:
24/09/2024
 
Note:
Tuesday 24th of September
 
Time:
10am - 1pm
 
Category:
Management Development
 

A comprehensive workshop designed to equip small business owners and start-ups with the essential skills for effective record-keeping and business planning. This program provides an in-depth understanding of basic accounting principles and introduces participants to the Revenue Online System . Our aim is to provide participants with the knowledge and expertise needed to establish and maintain a manual bookkeeping system so no prior experience in bookkeeping is required. FOR LIMERICK BUSINESSES ONLY.

This event is no longer available
 

The following key areas will be covered:

· Record Keeping and Business Planning

· Basic Accounting Principles

· Overview of the Revenue Online System

· Debtors and Creditors

· Bank Reconciliation

· Expenses, Assets, and Liabilities

· Cashflow

· Profit and Loss Accounts

· VAT Calculation/Return

 

By the end of the workshop, each participant will not only have a better understanding of basic accounting principles but will also possess a comprehensive working knowledge of their obligations to the Revenue Commissioners, with a specific focus on the mandatory use of the Revenue Online System . This comprehensive workshop is filled with practical insights and actionable strategies that will empower participants on how to manage their business finances effectively. This system not only ensures compliance with revenue and legal requirements but also serves as a valuable tool for participants monitoring their business’s financial performance.