Small Business Accounts -  Tuesday 31st March + Thursday 2nd April 2026

PREFERENCE FOR BOOKINGS FOR THIS EVENT IS GIVEN TO CLIENTS FROM COUNTY ROSCOMMON.

Dates: Tuesday 31st March & Thursday 2nd April 2026

Time: 9.30 am to 12.30pm each day

Cost: Free

Programme Aim: This course is designed as a workshop with opportunities to participant and contribute. The aim of the course is to give the participants confidence in working with their business’s books and 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 (The Books), especially the Profit and Loss Account and its impact on the business, it’s future and the business’s income taxes.

Programme Objective: 

1. To explain the basic concepts of accounting and some terminology
2. To explain and demonstrate the books and records that must be kept by business owners and in what format
3. To teach and explain which expenses are allowed to be claimed by businesses and those that are disallowed
4. To demonstrate and practice how to reconcile debtors, creditors and the bank account
5. To explain the Profit and Loss account and Balance Sheet and how the Books update these
6. To explain what a business’s taxation is based on and the deadlines

Course Content:

• ¨ Accounting fundamentals and elements
• ¨ Keeping and recording financial records – ‘Doing the Books’
• ¨ Assets, Liabilities, Income, Cost of Sales and Expenses
• ¨ Allowable business expenses
• ¨ Working from home reliefs
• ¨ Debtors & Creditors
• ¨ The Profit and Loss Account
• ¨ The Balance Sheet
• ¨ Manual vs computerised accounting
• ¨ An introduction to VAT
• ¨ An introduction to taxation of profits

Trainer: Sarah McGuinness - SM Accounting Solutions

Trainer will email clients with the ZOOM link prior to course commencement.