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Thomson reuters Masterclass | 21 & 22 August 2024

Management Accounting Walk away with exclusive white labelled tools and a robust knowledge set to enhance the bottom line of any business!

About the workshop

Step beyond the confines of traditional tax accounting with our Management Accounting Masterclass, crafted for Senior Executives, in-house accountant teams, accounting firms, and sole practitioners.

This one-day program is the perfect opportunity for professionals seeking to deepen their strategic financial expertise, offer more comprehensive services to their clients, and to make the best financial decisions for the organizations they serve.

Our engaging and practical workshop is designed to empower you with the knowledge and skills to harness the full potential of management accounting. With a focus on interactive learning, expert insights, and real-world applications, attendees can expect an educational experience that is informative and backed with humour and real-life case studies.

Key learning modules

Read and analyse financial statements:

Uncover the narrative behind the numbers. Learn to interpret financial statements like a seasoned management accountant. We'll guide you through identifying key performance indicators and conducting trend analysis, enabling you to measure performance against the most crucial business success factors.

Break-Even Modelling:

If your prices were to drop by 5%, how many more clients &/or additional income would be needed to retain the same level of profitability? If you needed new employees, how many more sales would you need to make to cover the cost? This session will ensure you can quickly and easily evaluate the real cost of your decisions and their effect on your business's bottom line.

Profit Planning and Cash Flow Forecasting:

Interpreting  ‘budgets’, their accuracy and the picture they paint of the future is essential for successful leadership.  Gain insights into the art of budgeting and the significance of accurate forecasts. Discover how to breathe life into financial predictions and manage the implications of changing income levels. This interactive session will equip you with practical knowledge to understand the crucial interplay between sales, profit, and cash flow, enhancing your strategic decision-making capabilities.

Value a business and improve its worth:

Explore the concepts of business valuation and strategies to boost shareholder value. Learn about the factors that influence a company's worth and how to implement improvements. This session will provide you with the understanding and tools needed to evaluate your business's value and develop plans to increase its financial strength and market standing.

Date & Location

21 August 2024 - Sydney
22 August 2024 - Melbourne CBD


Time

9:00AM - 4:30PM


Cost

[ Full Price ] $850.00


Tax season is just around the corner, and there's no better time to invest in your professional development.

Are you planning to attend with colleagues? Great news – we offer special group rates! Contact us at eventsanz@thomsonreuters.com for more information on group pricing.

Don't let this opportunity slip by. Register now to guarantee your place!

Workshop features

Comprehensive Workbook

Take away a detailed guide filled with insights and references to reinforce your learning journey.

White Labelled Tools and Templates

Gain exclusive access to customizable tools and templates that you can brand for your firm or offer as part of your client services, adding significant value to your business advisory capabilities.

Case Studies

Engage with practical case studies that demonstrate the application of management accounting principles in real-life scenarios.

Why attend

Benefits of attending

Enhance your financial acumen
Gain a robust grasp of management accounting principles, allowing you to provide more insightful guidance and strategic oversight.

Expand your client services
Utilize your new skills to expand your service offerings, providing clients with valuable insights beyond tax accounting.

Boost confidence in financial leadership
confident in your ability to discuss and manage financial matters at the highest levels of business leadership.

Walk away with tools and strategies for immediate integration:
Provide immediate benefit to any organization you serve with a new knowledge set and easy to implement financial accounting spreadsheets and analysis tools.

Who should attend?

This masterclass is tailored for a diverse audience, including Senior Managers, Board Members, Entrepreneurs, in-house accounting teams, and accounting professionals from firms or independent practices.

Regardless of your sector or level of previous financial experience, this session offers invaluable insights into finance as a crucial pillar of all businesses, participants will have the confidence and skills to effectively deal with financial partners, set plans and understand the consequences of business decisions.

Workshop Facilitator

John Sgambelluri
Partner
Accendo Financial

John’s banking career spanned many years and included General Management roles in a major bank across several divisions.  John has been involved in family businesses for many years and Accendo Financial was developed through these experiences and insights with one thing in mind – helping leaders and entrepreneurs to feel confident managing financials, more in control and to achieve their full potential.

John is renowned for his ability to explain financial concepts in plain English and has presented on this topic internationally.  John specialises in working with industry bodies, franchise groups and associations to create training relevant for members - to help them build a better bottom line and create more cash flow.

Event agenda

9:00 Registration and arrival
09:20 Session 1: How to Read and Analyse Financial Statements
10:50 Morning tea
11:10 Session 2: Break Even modelling
12:40 Lunch & networking
13:10 Session 3: Profit Planning and Cash Flow Forecasting
14:40 Afternoon tea
15:00 Session 4: Valuing a Business and Improving its Worth
16:30 Workshop close

Contact us 

Attendees:
If you have any questions about the event or your registration, please contact us at eventsanz@thomsonreuters.com

Sponsors and speakers:
If you are interested in partnering with us or speaking at this event, please contact Katie Ardzejewski at katie.ardzejewski@thomsonreuters.com