Predictive Accounting Encourages Discussion
Business Advisory Services Updates
Predictive accounting is an important part of the delivery of Chief Financial Officer Services because it requires accountants to discuss with clients all aspects of their business and then to commit that vision into Budgets, Cashflow Forecast and Predicted Balance Sheet to determine the level of investment required in stock, debtors, and capital expenditure. The aim is to determine what the effect will be on the business’ bank position and/or level of loans.
If there is a shortfall in the cash available for the business, decisions can be made before any commitments have been made as to whether the business should be seeking to borrow new funds or be exploring the opportunity of raising capital by utilising Crowd Sourced Funding Equity Raising or Section 708 of the Corporations Act?
Paul Barnaby and I will discuss “Predictive Accounting” in our webinar on Wednesday 16th December at 12-noon AEDT (11.00am AEST). To register - https://essbiztools-au.zoom.us/webinar/register/WN_Co7aqoxqQ5mJ4Af2_SwDtQ or go to the ESS BIZTOOLS’ Home Page - www.essbiztools.com.au and scroll down to “Upcoming Webinars”.
#accountingandaccountants
