Understanding Accounts: Beyond the Basics
To be delivered by:
Armstrong Watson Accountants and Business Advisers, Leeds.
Armstrong Watson is a member of AISMA (Association of Independent Specialist Medical Accountants), partners with the MDU (offering an exclusive discount to their members), listed as a specialist medical accountant with Medics Money, and a member of the UK200 Specialist Healthcare Group; all demonstrating knowledge and expertise in this sector.
Suitable for:
GP partners, Practice Managers and Business Managers
Course summary:
This is a deeper dive into practice accounts and understanding them:
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’.
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 5 days before the course date.
Dates:
26th September 2024
12.00pm – 1.15pm