Essential Tax, VAT and Debt Management for Small Business March2020

Great National Hotel, Ballina
7pm - 10pm
Management Development

A 6 week programme for businesses that wish to gain a better understanding of financial statements, basic book keeping, annual returns, cash flow and costs

Booked Out

This course will be delivered by Tracey Glacken, Glacken Accountants over the following dates

  • Wednesday 4th March
  • Wednesday 11th March
  • Wednesday 18th March
  • Wednesday 25th March
  • Wednesday 1st April
  • Wednesday 8th April

Course Overview

  • Role of the business owner
  • Setting up an appropriate book keeping system
  • Overview of basic books of account – sales, purchases, cheques, receipts
  • Understanding financial statements – profit and loss, balance sheet and cashflow
  • Registering for tax and records to be kept
  • Using ROS and CORE to file online returns
  • Preparing VAT and PAYE returns
  • Budgeting – understanding the budget setting process and setting sales targets
  • Introduction to break even analysis
  • Margin V mark up
  • Pricing for profit
  • Cost Management
  • Cashflow management
  • Sources of Finance
  • Revenue Audits

 On completion of the course the participants will:

  • Have an understanding of their financial statements
  • Be able to set up a basic book keeping system for their business
  • Understand what returns they need to submit for their business
  • Understand how to manage cash flow and costs
  • Prepare a basic budget for their business