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Financial fundamentals

Organiser: Business Connect
Date
13 July 2023, Thursday
Time
10:30 am - 12:00 pm

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 the 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.

About the Host: Darryl Tonks.
Darryl is a small business owner and certified results coach with proven ability to lead business transformations that increase profitability, streamline operations and create sustainable structures that free business owners up to focus on the aspects of the business they love and time with their family. Has extensive experience in service-based business operations and commercial aviation. Darryl has the ability to work with people to understand their business and personal goals and to develop sustainable business structures to provide the financial and lifestyle rewards they are looking for. With excellent communication and relationship-building skills, Darryl is approachable, diplomatic and humble in his approach to serving others to gain clarity of their business vision and set and achieve their goals. Darryl has proven success in managing individuals and teams to deliver outstanding results. Is proactive and have the skill and experience to confidently work autonomously or within a team.

This webinar is aimed at small businesses throughout NSW who have just started or have an established business and we have the capacity to host up to 50 people.

Business Connect is a dedicated and personalised NSW Government program that provides trusted advice to help you start, run, adapt or grow your small business.

Venue
Webinar