Lunch & Learn: Startup Accounting & Tax 101
Event description
As founders you have to wear many hats. Development & marketing are super important but don't forget the financials! Understanding the financials are basic skills for any business owner and key part of leaving a good impression on an investor or any other stakeholder.
This workshop will be running you through the accounting essentials you should have at hand when running a startup including managing equity & cash, reading through your financial reports and requirements with the ATO & ASIC.
You'll also learn key information about being an employer, how to prepare for government grants and best practice around accounting for your startup. It's also tax time so feel free to come along with your tax queries!
Key Takeaways
- Corporate structuring
- How to run company finances effectively
- Managing tax compliance & employer obligations
- Managing shareholder equity
- Preparing for the best government grants
- Cashflow forecasts & much more. Includes a free cashflow template for founders after the session (to help ensure you can adequately forecast your cash burn!)
Stuart Reynolds, C.A., is a partner at Fullstack Advisory - accounting firm to some of Australia’s most innovative businesses in the tech & online arena. He enjoys working with startup founders with the drive to scale their businesses and build globally successful products. He was also listed as Partner of the Year - Boutique Firm (finalist) in the 2019 Australian Accounting Awards.