Budgets & Cashflow Forecasts

Posted in Budgets & Cashflow Forecasts Accountant's Minute Business Advisory Services Introduction Capital Raising under Section 708 of Corporations Act Crowd Sourced Funding Equity Raising Early Stage Innovation Company Research and Development on Friday, 05 March 2021

Imminent Cessation of JobKeeper Highlights Challenges for Accountants

Accountant's Minute 262

In the ESS BIZTOOLS’ Business Advisory Services Webinar/Conversation on Wednesday 10th March 2021, Peter Towers, Managing Director, ESS BIZTOOLS will discuss with Priscilla Bea Smith, Director, Cloud Nine Associates some of the important issues on which small business and medium-sized enterprise owners and CEOs are seeking advice: Preparation of Budgets and Cashflow Forecasts for the next...

Tags: Australian Government 50% Guaranteed Loans | Budgets | Capital Raising under Section 708 of Corporations Act | Cashflow Forecasts | Crowd Sourced Funding Equity Raising | Early Stage Innovation Company Capital Raising | Key Drivers | PlanGuru | Predictive Accounting | Projected Balance Sheets | Research & Development

Posted in Budgets & Cashflow Forecasts Accountant's Minute Business Advisory Services Introduction Crowd Sourced Funding Equity Raising Chief Financial Officer Services on Friday, 18 December 2020

Predictive Accounting Will Help Plan 2021

Accountant's Minute 256

In our last Business Advisory Services Webinars/Conversation for 2020 Peter Towers, Managing Director, ESS BIZTOOLS and Paul Barnaby, Managing Director, Beyond Accounting Technologies and Australasian Representative of PlanGuru, discussed the concept that ‘Predictive Accounting’ will be vital in the planning to help clients in 2021. The key aim is to “know the financial impact of...

Tags: Budget | Cashflow Forecast | Predictive Accounting | Profit & Loss Account | Projected Balance Sheet

Posted in Budgets & Cashflow Forecasts Accountant's Minute Business Advisory Services Introduction Crowd Sourced Funding Equity Raising Early Stage Innovation Company on Friday, 11 December 2020

Predictive Accounting Helps Understand Impact of Decisions

Accountant's Minute 255

Knowing the financial impact of decisions before a client implements them is very important for financial stability. This process is generally known as “Predictive Accounting”. The process commences with an examination of the key drivers relative to the physical number of units to be produced and the calculation of the direct costs that will be involved in that process. The...

Tags: Budgets | Cashflow Forecasts | Predictive Accounting

Posted in Budgets & Cashflow Forecasts Accountant's Minute Business Advisory Services Introduction Survival in Difficult Times on Friday, 13 November 2020

Reset Your Practice

Accountant's Minute 251

Welcome to our new format of weekly Business Advisory Services Update articles and videos with presentations by ESS BIZTOOLS and one of our Affiliates where we will discuss various issues relating to the implementation of Business Advisory Services by accountants/business advisors/bookkeepers. Our first presentation “Reset Your Practice” will feature Amanda Gascoigne, Chartered Accountant,...

Tags: business advisory services | Charge Out Rate Calculator For Tradies | COVID-19 | Reset Your Practice

Posted in Budgets & Cashflow Forecasts Accountant's Minute Business Advisory Services Introduction Chief Financial Officer Services on Friday, 06 November 2020

Are Your Clients Ready For Post COVID-19 Recovery

Accountant's Minute 250

There are still many challenges ahead for most small businesses and medium-sized enterprises. Many of your clients will have gained an appreciation of the extra services that you can provide to them following their first-hand experience of assistance from their accountants during COVID-19. The big question now is are your clients ready for the post COVID-19 recovery? There is still a...

Tags: Budgets | Cashflow Forecasts | Chief Financial Officer Services | COVID-19

Posted in Budgets & Cashflow Forecasts Accountant's Minute Business Advisory Services Introduction Cashflow Management Crowd Sourced Funding Equity Raising Early Stage Innovation Company Survival in Difficult Times on Monday, 19 October 2020

Predictive Accounting - Being A Forecaster Instead Of A Historian!

Accountant's Minute 249

Business people are looking for more accurate financial information as to what the effect of their decisions will be on their future operations by utilising 'predictive accounting' which incorporates 'key driver budgeting' to prepare Budgets, Cashflow Forecasts and Predicted Balance Sheets relating to their future operations. In the next COVID-19 Survival Panel webinar will be presented on...

Tags: Budgets | Cashflow Forecasts | Key Components of Cashflow Management | Predicted Balance Sheets | Predictive Accounting

Posted in Budgets & Cashflow Forecasts Accountant's Minute Cashflow Management Debtors’ Management System SME Debtors’ System Manual on Tuesday, 19 June 2018

Cashflow Management – A Service That Accountants Could Provide

Accountant's Minute 157

Welcome to Accountants Minute. Having too much money owing by debtors, high levels of stock on hand and work in progress or high levels of capital expenditure, can all contribute to significant cashflow management problems. All types of businesses can encounter real survival problems, even when they are trading profitably, if they have too much money invested in debtors, stock, work in...

Tags: Personal Property Securities Register

Posted in Budgets & Cashflow Forecasts Accountant's Minute Crowd Sourced Funding Equity Raising Chief Financial Officer Services Debtors’ Management System Early Stage Innovation Company SME Debtors’ System Manual Succession Planning on Wednesday, 13 June 2018

Exploring New Opportunities!

Accountant's Minute 156

Welcome to Accountants Minute. “Today’s business environment is in a state of flux with some industries extremely buoyant whilst others are floundering.” “Accounting firms service all sectors of the economy and as a result our benchmarking research is showing a marked differential in performance among firms of similar size or based in similar geographies.” ...

Tags: Business Plan | Personal Property Securities Register

Posted in Budgets & Cashflow Forecasts Accountant's Minute Crowd Sourced Funding Equity Raising Early Stage Innovation Company on Monday, 23 April 2018

Corporate Governance Mentoring Helps SMEs

Welcome to Accountants Minute. Corporate governance mentoring helps small/medium enterprises. The new legislation for Early Stage Innovation Companies and Crowd Sourced Funding Equity Raising Companies has highlighted the need for directors of companies to review their knowledge of company director’s duties. Directors of small/medium enterprises, which aspire to raise capital as Early...

Tags: Benchmarking | Corporate Governance | Key Performance Indicators | Mentoring