Exclusive Partner Webinar: Managing Finances in the NDIS

Welcome to our brand new webinar series with our friends from Retinue Accounting.

Build your financial foundations and set up your business for success with insight and guidance from Retinue’s expert Accounting team.

What We’ll Cover

Session One: Common Mistakes to Avoid

This webinar was hosted live on Tuesday, January 30 2024.

In our first instalment, ‘Managing Finances in the NDIS – Common Mistakes to Avoid‘, hosts Pradi Hamid and Belinda Llamas delve into the crucial aspects of financial management for NDIS providers. Pradi will cover the fundamentals of accounting, including cash flow management, understanding financial reports and common mistakes NDIS businesses should avoid when managing their finances.

Key Topics Covered:

  1. Understanding Key Financial Reports: Gain insights into the main financial reports that you need to focus on when managing NDIS finances. Learn how to interpret Profit and Loss (P&L), Balance Sheet, and other critical reports to make informed decisions.
  2. Cashflow – Do You Really Have Enough?: Explore cash flow management in the context of an NDIS business. Discover common pitfalls and best practices to ensure that your organisation not only survives but thrives financially.
  3. Using Financial Data to Make Better Decisions: Learn how to use financial data to make strategic decisions for your NDIS services. Uncover why key metrics and analytics are needed to enhance your operations and financial sustainability.
  4. Q&A Session: Engage with our expert presenters in a dedicated question and answer session. Get insights and solutions to your specific financial questions about operating in the NDIS sector.

Session Two: GST Myths Busted, Absorbing Funding Shortfalls and More

This webinar was hosted live on Thursday, March 21 2024.

Join us for the next instalment of our webinar series with Retinue Accounting as we delve into the financial fundamentals every NDIS provider needs to master. Chartered Accountant David Rosenthal will join Belinda Llamas for this live and free session.

Key Topics Covered:

  1. Registering for GST: Common Myths Busted
  2. Invoicing: Chasing Debtors, Overcoming Commission Delays
  3. Funding Shortfalls and Absorbing Costs: What To Do When A Client Runs Out of Funding
  4. Q&A

Session Three: Coming Soon

More details coming soon.

Session Four: Coming Soon

More details coming soon.

Meet your Presenters

  • Photo of Belinda Llamas, Managing Director at Provider Institute

    About Belinda Llamas

    Belinda is one of the Managing Directors at Provider Institute and has worked with NDIS providers for the last 7 years, from startup to growth and everything in between. She has an extensive background in risk management, work health and safety, human resources and business management.

  • About David Rosenthal

    David Rosenthal is a financial expert who takes your journey towards financial success seriously. To him, accounting is more than just the numbers, it’s the power to help you make the right choices for you, your business and your family.

    He is a Chartered Accountant and qualified organisational coach, passionate about helping NDIS providers. He is trained to identify and fine tune the needs of business, and his skills provide a holistic approach to your finances.

About Retinue Accounting

Solid financial foundations are key to your success. Yet for many businesses, understanding and reporting the numbers can be confusing and overwhelming. Retinue helps demystify accounting, helping you make better business decisions. Retinue offers its clients 24/7 accounting, payroll*, bookkeeping and tax support on a fixed-priced monthly subscription fee.

Join us for this free webinar series to help understand how a few accounting basics can help your business succeed and grow.

* Retinue’s payroll service includes the processing of hours and wages rates provided by you. We do not determine award rates for your employees or provide advice on the correct employment status of your employees. It is your responsibility to ensure that your employees are paid correctly and we recommend obtaining advice from specialised employment relations experts.