Back to All Events

Understanding Your Financials: The Basics

  • Canning River Eco Education Centre (CREEC) Corner Kent St & Queens Park Rd Wilson, WA 6107 Australia (map)

Learn what the numbers mean and what actions you can take to improve them.

Do you know what the break-even point is for your business?

The difference between profit and cash in the bank?

The secrets of successful reporting.

Balance Sheets and Profit & Loss Statements….all businesses have them. But do you know what the numbers mean and more importantly how you can use them to improve performance and profitability?

Please join us for this interactive and intensive small group workshop to learn how to decode the hidden meaning behind the numbers.

Make sure you bring your own P&L and Balance Sheet to work on (you won’t have to share confidential information with the class)

At this workshop you will learn how to :

  • Understand your P&L and Balance Sheet
  • Expenses vs capital expenditure
  • Impact of tax and GST
  • Cash and non-cash items
  • Break-even analysis
  • Working capital
  • Profit analysis
  • Can I afford to employ staff?
  • Am I making money?


  • Free

Grace Mugabe.jpg

Grace Mugabe - Financially Empowered

Grace Mugabe (CPA) is an experienced management accountant who is passionate about the economic empowerment women and the greater community.

Following her tenure as a Senior Accountant for an industry multinational corporation, she developed a boutique consultancy with aim of providing financial literacy services and resources. Her consultancy continues to attract government, schools, boards, private industry and community clients. Grace is the ambassador the Behind the Brands, a hub for female entrepreneurs in Western Australia.