Omega Performance Workshop - Small Business Financial Statements and Tax Returns

One-Day, Highly Interactive Workshop
Small Business Financial Statements and Tax Returns
Join Your Industry Peers and Enhance Your Professional Development

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Omega Performance is offering Small Business Financial Statements and Tax Returns—a one-day, highly interactive workshop to review the basic principles of small business financial statements.

Select a venue/date below:

Sydney
24 March 2009
22 September 2009

Melbourne
25 March 2009
23 September 2009

Auckland
31 March 2009
15 September 2009

Join us in Sydney, Melbourne or Auckland and leave the one-day, information-rich workshop better prepared to:

Explain the differences between cash and accrual accounting.
Identify the information provided on a balance sheet and income statement and the order in which that information is presented.
Recognise the links between the balance sheet and income statement and identify accounts on both statements that would be affected by common business transactions.
Analyse trends in common-size financial statements.
Calculate and interpret basic financial ratios and measures to evaluate the performance of a business.
Recognise common differences between income and expenses reported on tax returns and those reported on financial statements prepared for external users.

Small Business Financial Statements and Tax Returns will cover the following topics:

Financial Statement Fundamentals reviews the basic principles of business financial statements.
Financial Statement Analysis provides you with questions to ask when you receive a company’s financial statements, as well as basic financial ratios to help evaluate a company’s performance. The concept of cash flow is reviewed and a summary of major account types and issues to probe is provided.
Business Tax Returns provides a view of the financial statements from a tax perspective, introducing the key differences between financial accounting and tax accounting and describing the tax forms seen when working with small business customers.

Our Facilitators:

Jim Cassidy, Omega Performance consultant for Asia/Pacific, is a key facilitator of Omega’s credit programs throughout Australia. Prior to joining Omega, Jim worked in the credit training area where he and his team trained over 1,800 business banking employees. Jim has over 15 years of experience in frontline lending positions, both in retail and commercial lending.

Ian Counsell, Omega Performance consultant for Asia/Pacific, joined the Omega team with many years of experience in the financial services industry. Ian gained this experience from working only with one of the Big 4 accounting firms, but also with credit unions and a leading building society. With some 15 years in sales and service management roles added to over 10 years of credit and strategic management responsibilities, Ian brings a wealth of knowledge and experience to Omega. He has deep industry knowledge and experience in lending—from origination through to credit control—specialising in the consumer and business sectors, as well as commercial and agri business.