Course Objectives:

The aim of this workshop is to provide delegates with a clear understanding of

  • the revenue streams available to their practice
  • a brief understanding of a set of practice accounts
  • how to have a better understanding of your practice finances and performance
  • provide an update of current topical matters and problems areas regularly seen by medical accountants

We want this to be an interactive workshop and provide as much help as possible so if you have any questions you would like covered please do let us know in advance.

Course Content FLYER

Points to be covered:

  • Basics of book keeping and use of accounts software such as Iris
  • Review of a set of practice accounts
  • An overview of traditional funding streams
  • Characteristics of a high earning practice
  • Benchmarking statistics and how these can be useful
  • Making tax digital and Cloud accounting – current situation with software
  • Problem areas e.g. salaried GP’s, estimate of net profits, superannuation
  • Partner drawings, settlement to former partners and current accounts
  • VAT (when applicable)
  • Q & A Session

Directions

Travelling to Essex Equip By Car:

There is NO parking at the venue, but the public pay and display car park can be found on Newland Drive (CM8 2AP) about 300 yards away.  £6 for the whole day or for further tariff, please see Braintree Council Website

From the car park walk back to Collingwood Rd and then back up to the traffic lights. At the traffic lights turn left onto Newland St. (The George PH is on the corner) carry on walking until you reach the zebra crossing (outside the Public Library), cross the road and head towards the Dorothy L Sayers Statue and the Job Centre. Our entrance just at the rear of the Job Centre.

By Train

It is a 7 min walk from Witham Railway Station, head towards the town, turn left at THE AVENUE, continue walking down The Avenue to the junction with Newland Street, then turn right, carry on walking until you reach the zebra crossing (outside the Public Library), cross the road and head towards the Job Centre. Our entrance is just at the rear of the Job Centre.

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Cancellations with a full refund will be accepted up to and including 15 days prior to the event.  Any refund request for places cancelled after this date will not be refunded.