Record keeping and financial reporting for Barristers

Wednesday, 18 November

In this workshop, we focus on the reporting needs and requirements of the financial aspects of your practice as a barrister. The knowledge and skills you will gain will help you manage your practice more effectively. It will help you save time (especially at tax time), better manage cash flow and anticipate expenses.

Learning objectives:

• Understand the importance of good record-keeping for your professional practice,
• Familiarise yourself with the use of common financial software for barristers and why it helps you manage your practice more effectively,
• Provide the knowledge to make better business decisions involving financial position and budgets,
• Understand the basic difference between cash accounting (which you will likely use for GSTreporting) and accrual accounting

Facilitator:

• Dr Jeff Coulton, Senior Lecturer, UNSW School of Accounting

This webinar forms part of a three-part paid series on maintaining financial viability.