Thumbnail – Birt – Manage Finances 5e

Manage Finances and Develop Financial Plans: Running Your Business Better 5th Edition


Ian Birt
ISBN: 978-0-7346-0824-6 (print)
ISBN: 978-0-7346-2150-4 (ePDF)
ePDF price: $39.95
Trim: 190 x 245 mm
Pages: 320 pp
Copyright: 2015

Product Description

ePDF available:

Manage Finances and Develop Financial Plans: Running Your Business Better, 5th Edition, shows you how to control financial results effectively in a small business. To do this, you need to:

  • keep relevant records
  • report operating results
  • plan financial performance

This book is divided into three parts. Part A, Manage Finances: Financial Records, investigates simple financial records and recordkeeping procedures and legal requirements for records. Part B, Manage Finances: Financial Reports, then examines preparing and analysing simple financial reports including income statements, cash flow statements and balance sheets. A business’s tax obligations are also addressed. Finally, Part C Develop Financial Plans, examines profit planning, capital expenditure, budgeting, cash flow management and financing decisions. There is also a glossary at the end of the book of key recordkeeping and financial terms, and a comprehensive index.

Each chapter has exercises within the text, a list of key terms, and a multiple-choice quiz. There are also assessment activities at the end of key chapters. The answers to the quizzes can be found at the end of the book.

After reading this book, you should be able to record, report on and plan financial performance to successfully run a small business.

Educational outcomes

This book covers the following units of competency:

  • BSBSBM402A – Plan small business finances
  • BSBSBM406A – Manage small business finances

Table of contents

Part A – Manage Finances: Financial Records
Chapter 1: Financial records overview
Chapter 2: Source documents
Chapter 3: Cashbooks
Chapter 4: Other financial records
Chapter 5: Records maintenance
Part B – Manage Finances: Financial Reports
Chapter 6: The income statement
Chapter 7: The cash flow statement
Chapter 8: The balance sheet
Chapter 9: Financial results evaluation
Chapter 10: Taxation reports
Part C – Develop Financial Plans
Chapter 11: Profit planning
Chapter 12: Capital expenditure proposals
Chapter 13: Budgeting and control
Chapter 14: Cash flow management
Chapter 15: Financing decisions
Answers to quick quizzes
Glossary of recordkeeping and financial terms

About the author

Ian Birt is an accountant and registered tax agent. He has degrees in accounting and law, as well as postgraduate diplomas in education and psychology. He has worked extensively in small business, at every level, and for an accounting firm specialising in small business clients.

Ian has taught small business financial management and taxation over many years in the vocational training system, and has written several successful books covering all aspects of small business management. The following books by Ian Birt are published by Tilde Publishing: Manage Finances and Develop Financial Plans: Running Your Business Better, Fifth Edition; and Marketing and Promoting Your Business: Products and Services, Second Edition; and Be Your Own Boss: The Practical Self-Employment Handbook.


Additional Information

Weight 0.75 kg
Dimensions 24.5 x 19.0 x 1.9 cm