This course is delivered by a chartered certified accountant and tax advisor who has over twenty years’ experience working with sole traders and limited companies.

The aim of the course is to give the participants confidence in working with their business’s financial records, and the knowledge needed to keep proper books of account and to deal with Revenue obligations. It will also give participants an understanding of small business accounts, especially the Profit and Loss Account and its impact on the business, it’s future and the business’s income taxes. This course offers lots of opportunities to participant and contribute.

Course content:

• Keeping and recording financial records – ‘Doing the Books’
• Assets, Liabilities, Income, Cost of Sales and Expenses
• Allowable (tax deductible) business expenses
• Working from home allowances
• Assets Vs Expenses – tax implications
• Bank Reconciliation
• Debtors & Creditors
• The Profit and Loss Account and Balance Sheet
• Tips to save tax