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Financial fundamentals

09/03/2023 @ 10:30 am - 12:00 pm AEDT

Financial Fundamentals is a fast-moving information-packed session designed to give you a basic understanding of the fundamental accounting concepts, processes, and tools which produce your business’ financial reports.

Delivered in easy-to-understand language you will learn how to read, interpret, and use your Balance Sheet and Profit & Loss to manage and maximise the performance and overall health of your business.

You will also gain insight on the need to plan and project, to budget your expectation of your business performance into the future, to establish your “roadmap”.

Learning Objectives:
1. Learn about the concepts of double entry and debits versus credits
2. Understand accounting structures such as Chart of Accounts, general ledger, balance sheet, and profit & loss
3. Learn about other essential tools such as cash flow, budgeting, and break-even

Learning Outcomes:
1. Improve performance with a good understanding of basic accounting concepts, structures, and essential reporting tools
2. Improve decision making with an ability to read, understand, and interpret the financial reports for your business
3. Boost your confidence to converse with other stakeholders about the financial performance of your business

About your presenter: Graham Blackadder
Graham Blackadder BCom (UNSW) CPA has had a colourful career spanning more than 40 years, most of it in senior roles as Chief Financial Officer/Finance Director and Company Secretary, and mostly with high profile multinational, corporate enterprises.

Late in his career, he retired from the corporate high-life to manage fulltime the finance and compliance, the IT and communications aspects of The Blackadder Recruitment Company, which he and his wife had formed some years before.

Graham brings both his extensive big-business expertise and his first-hand experience of a successful small business start-up, to help you maximise your own small business aspirations. Having now sold the business into a larger enterprise, Graham devotes his time to ad hoc consulting and charitable pursuits.

This Business Connect event is funded by the NSW Government.