Financial Planning: End of financial year

Planning ahead well in advance of your Financial Year End helps to ensure you are prepared for your statutory obligations as a business owner. It also helps you to take the right financial decisions at the right time. We’ll cover key decisions, and essential steps needed to take to plan for success.

We will cover:

Understand Financial Year End deadlines and obligations for

− a) sole-traders/partnerships

− b) limited companies.

Understand the difference between ‘cash accounting’ and ‘accrual accounting’. Know the documents you will require to complete accurately. Consider the need to take professional advice. Discuss the need to set financial goals for the new year ahead, update your

Business Plan, set targets and monitor performance etc.

Tips to improve cash flow in the year ahead.

After this training session you will understand the steps to take to ensure you and your business are prepared in advance for end of your Financial Year.