Understanding Accounts: Beyond the Basics
To be delivered by:
Armstrong Watson has over 150 years of supporting, advising and protecting clients. Our dedicated ‘Specialist Medical Services Team’ is able to offer a breadth of knowledge and expertise to clients within the medical sector based on years of working with clients in this sector. Armstrong Watson is a member of AISMA [Association of Independent Specialist Medical Accountants], partners with the MDU [offering an exclusive discount to their members], and listed as a specialist medical accountant with Medics Money along, with or sister company, Armstrong Watson Financial Planning Ltd, who offer extensive support and advice to medical sector clients with regards to the effective wealth management and the NHS Pension Scheme.
Following the success of the seminars delivered over recent years, Armstrong Watson has again been invited by GPMPlus to present a series of seminars in February / March 2026.
Suitable for:
GP partners, Practice Managers and Business
Understanding GP Accounts – Beyond the Basics – is a deeper dive into understanding practice accounts and how you can benefit from this better understanding.
Financial data capture and accounting software
Financial statements (the ‘accounts’) – a ‘true and fair’ view:
- Income and Expenditure recognition – how the profit is determined, commissioning streams, superannuable or not?
- Balance Sheet – accruals and prepayments, asset categories and liabilities
- Notes to the accounts – what these are and what they tell you
Profit allocation to GP Partners
Working capital and the ‘Current account’.
Course format:
The course will be run via Teams – a joining link will be shared with you a few days before the event. The session will be a seminar with questions welcome at the end.
Cost:
The seminar is free to attend, however, we do offer you the opportunity to donate £10.00 per delegate to the Cameron Fund. The booking process allows you to make a donation if you wish to do so.
Cancellations:
If you are unable to attend please consider whether your place can be used by a colleague. Late cancellations and DNAs are costly in terms of both finance and time – if you need to cancel please let us know at least 3 days before the course date.
Dates:
TO BE CONFIRMED