Masterclasses – Financial management for early-stage businesses

June 5th, 2013 10:30 AM   through   3:00 PM
Sophi Taylor Building, NIAB Park Farm
Villa Road
Impington
Cambridge, CAM CB24 9NZ
United Kingdom
Phone: 01223 342299
Email:

Learn basic principles with a particular emphasis on cash flow, understanding financial statements, account systems, tax and filing returns.

June 5th, 2013 10:30 AM

This session will cover:

  • Basic principles with a particular emphasis on cash flow
  • Explanation of the three major financial statements and how they are related
    • profit and loss account
    • balance sheet
    • cash flow statement
  • The benefits of a clearly thought out chart of accounts
  • The benefits of a computerised accounting system
  • Key elements and techniques of financial management such as:
    • Break-even analysis
    • Financial controls
    • Internal financial reporting
    • Planning and control
  • An overview of “Access to new finance”
  • Taxation matters such as PAYE, VAT and corporation tax
  • Submissions to Companies House (statutory accounts and annual returns)

The workshop will be run by Ken Dickson, Managing Director of Axiom-e, a provider of part time Finance Directors to growing organisations, who has secured funding for clients ranging from £20,000 to £4m.

Register Now

(see terms and conditions below)

The training is free* as long as you:

  • Are an eligible, registered SME (self-employed, limited company, registered partnership) within the six eastern counties (Hertfordshire, Essex, Cambridgeshire, Bedfordshire, Suffolk and Norfolk).
  • Attend a registration meeting with the NIAB Innovation Farm team
  • Speak to the trainer before the session
  • Turn up on time at the training session and stay for the duration of the training session
  • This training is funded by ERDF (European Regional Development Fund) – this is why your training session is free if you attend the initial meeting and training session!

*Tickets are subject to a fee of £53.65 – fully refunded following event attendance*