Preparing your practice for EOFY – Setting your practice up for success

With the end of financial year (EOFY) just around the corner, it’s important to start preparing your practice for tax time and start planning ahead for the next financial year.

In this 1 hour educational session, Rob Dickson (Cubiko) and Belinda Hudson (William Buck) will discuss preparing your practice for EOFY and setting it up for success. 

In this session, you’ll learn:

• How to identify the key financial metrics your practice should be monitoring and actioning in the lead-up to EOFY
• Gain an understanding of how to interpret data trends and identify areas of strength and areas of improvement from the last financial year
• Learn strategies on how to set realistic and measurable goals for the next financial year
• Understand how to manage important financial tasks such as sorting employee super, pre-paying costs for tax advantages, and reviewing your company structure to ensure a smooth EOFY transition
• Learn strategies for effective cash flow management, annual budget setup, and forecasting to predict increasing costs and ensure sustainable revenue for the upcoming financial year