The Practice Management series of webinars is hosted by SA Accounting Academy.
By the end of this event the participant should:
Know the difference between financial reports and management accounts.
Understand the importance of cashflow management.
Understand how to prepare a cashflow forecast.
Know how to properly manage overheads and other costs.
Know how management accounting reports assist in business survival.
The webinar will cover the following topics:
Financial reporting vs management accounting;
The importance of budgeting in business;
Using budgeting techniques in business;
Creating a practical cashflow forecast;
Costs control in business; and
Identifying tiggers and red flags that indicate risks of insolvency and going concern challenges