On January 26, FreeAgent gave a presentation on accounting for SMEs at Clerkenwell Workshops, London. Image courtesy of: inspiresme.co.uk
Free Finance Workshop by FreeAgent
January 25, 2012
- Emily Coltman, Chartered Accountant for FreeAgent
- Kevin McCallum, Business Development Director for FreeAgent
On the 25th January, SME owners and entrepreneurs alike joined at Club Workspace
to attend a free finance workshop presented by FreeAgent
. The event highlighted some of the crucial elements of bookkeeping and allowed the attendees to ask their questions throughout the workshop, enabling the speakers to cater to their audience. 90secondsTV
were also at the Free Finance Workshop, interviewing entrepreneurs about their experience of the event.
’s presentation stressed the importance of being efficient and organised when doing one’s accounts, and explained what a business can learn about itself by doing its own accounts.
Emily said “It's not just because HMRC
say you have to keep enough information to fill in your tax return and answer any questions they may have. Keeping good financial records can help ensure your business pays the right amount of tax. They can also provide useful information to help you run your business, such as whether you're charging enough to your customers to make a profit, or whether cash is coming in fast enough to pay your bills.”
Once the presentation came to a close, the attendees were able to ask any final questions, and finish the night with a round of networking.
Financial Record Keeping - Emily Coltman