Workshops

Friday 1 November 2024 | 9am to 5pm | ECU Business & Innovation Centre, Joondalup

Build your Foundations of Financial Literacy

To run a successful business, you need to understand the numbers in your profit and loss statements and balance sheets. This workshop will equip you to make more sense of the numbers, and make informed decisions leading to better business outcomes.

This workshop is aimed at people who don’t think of themselves as a ‘numbers person’ and looks to take the mystery out of your business financials.

In this interactive session, key financial information will be presented in a visual way using the Colour Accounting Learning System. Participants will be provided with a workbook and pop up pack to use throughout the workshop sessions to assist them to better understand profit and loss statements and balance sheets.

Following this workshop you will have a greater understanding of accounting, finance and business and how they interrelate.

Who it’s for

• business owners who want to build their knowledge and confidence in finance and accounting
• accountants and bookkeepers wanting to provide more value to their clients by communicating in a language they can understand

This workshop is available for only $20, thanks to funding from the Small Business Development Corporation and the Government of Western Australia. For free advice and guidance on starting and growing your business, and details of all their workshops visit smallbusiness.wa.gov.au.

Wednesday 20 November 2024 | 9am to 1pm | Online

A budget is an essential financial management tool for small business owners. it can help you to outline your goals and track and measure your financial performance, ultimately leading to your ability to make confident financial decisions. 

In this workshop you will:

• Use a case study to complete a budgeting exercise
• Consider historic trends and future assumptions to build a budget
• Explore different approaches to budgeting
• Discuss potential issues when budgeting
• Learn to review and reforecast

This workshop uses the Colour Accounting Learning System as licensed from Wealthvox. Please be advised that this online workshop will not be recorded.

For this workshop you will need to bring a calculator, pen, and notepad. Online attendees will need to print their handbook before the session starts.

This topic covers:

• Understanding the importance of the budget process, key drivers and assumptions for your budget
• Practical tips for improving the budget process in your business
• Building your confidence to make informed financial decisions that steer you towards better outcomes and increased profitability.

This session is for business owners with a limited understanding of the budgeting process. This workshop is designed for attendees with an intermediate level of business finance knowledge – if you are a beginner we recommend attending Let’s Talk Finance or Understanding Business Financials first. 

This workshop is available for only $20, thanks to funding from the Small Business Development Corporation and the Government of Western Australia. For free advice and guidance on starting and growing your business, and details of all their workshops visit smallbusiness.wa.gov.au.

Friday 29 November 2024 | 9am to 5pm | The College of Law, Durack Centre, 263 Adelaide Tce, Perth

Does this sound like you?

• You’re already a successful lawyer and now planning to set up your own firm?
• You have completed your Legal Practice Management Course or are planning to complete it?
• You want to ensure your organisation can be financially sustainable?
• You want to assist your clients achieve their financial goals?
• We know you’re amazing with words, and have a fabulous rapport with your clients, but can you confidently talk through a client’s balance sheet with them, or draft appropriate purchase price clauses in the Deed of Sale to get your client the best deal?
• Like many lawyers you’ve got a reasonable idea of the financial side of business. It takes you a while to wrap your head around financial statements, but you usually get there in the end.  You’ll always find more important things to do than look at your organisation’s accounts, and if you have the option you’ll delegate managing the financial aspects of the Firm to someone else.

Quoting from a Perth based managing partner of a commercial law firm:

“It’s a well-known joke that lawyers aren’t generally great at crunching numbers. But as commercial lawyers we know the importance of understanding numbers and financial statements. This is why we sent our team to attend Debbie’s workshop earlier this year. Debbie was able to explain quite complex finance reporting concepts in a very easy to understand way. If you haven’t attended Debbie’s workshop yet, you need to!”

So, if you want to hit the ground running when it comes to financial management by brushing up on your financial literacy,

This is the workshop for you!

Workshop Overview

In collaboration with The College of Law, Essential Finance for Lawyers is finance training done in a very different and unique way.  Lawyers tend to be better with words than they are with numbers, which is why lawyers love this finance workshop.   It’s a language based approach to gaining a conceptual understanding of accounting.  The material appeals to visual learners; lots of diagrams and lots of colour. The learning method is hands-on and fun.

This workshop is accredited for 6 CPD points in Practice Management and business skills. 
10% discount available for College of Law alumni. 

For more information about the workshop, click the button below.