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Manage Finances and Develop Financial Plans

Manage Finances and Develop Financial Plans, Fourth Edition, shows you how to control financial results effectively in a small business. To do this, you need to: * Keep relevant records* Report operating results* Plan financial performance. This book is divided into three parts. Part A, 'Manage Finances: Financial Records', investigates simple financial records, recordkeeping procedures and legal requirements for records. Part B, 'Manage Finances: Financial Reports', then examines preparing and analysing simple financial reports including income statements, cash flow statements and balance sheets. A business's tax obligations are also addressed. Finally, Part C, 'Develop Financial Plans', examines profit planning, capital expenditure, budgeting, cash flow management and financing decisions. There is also a glossary at the end of the book of key recordkeeping and financial terms, and a comprehensive index. Each chapter has exercises within the text, a list of key terms, and a multiple-choice quiz. There are also assessment activities at the end of key chapters. The answers to the quizzes can be found at the end of the book. After reading this book, you should be able to record, report on and plan financial performance to successfully run a small business.
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About the Author

Ian Birt is an accountant and registered tax agent. He has degrees in accounting and law, as well as postgraduate diplomas in education and psychology. He has worked extensively in small business, at every level, and for an accounting firm specialising in small business clients. Ian taught small business financial management and taxation over many years in the vocational training systems, and has written several successful books covering all aspects of small business management. The following books by Ian Birt are published by Tilde Publishing: Manage Finance and Develop Financial Plans: In Your Business, Fourth Edition; and Marketing and Promoting Your Business: Products and Services, Second Edition.

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