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

This event is no longer available

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