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Partners Worldwide 5 th East Africa Regional Conference 25 to 26 Aug 2011

Partners Worldwide 5 th East Africa Regional Conference 25 to 26 Aug 2011 . Kimani Kimotho Kimani Kimotho & Co. Financial expertise?. What is required? How to get/access it? IT support? Do I need to be an expert? Q& A. Financial expertise: What is required?. Tracking of your expenses

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Partners Worldwide 5 th East Africa Regional Conference 25 to 26 Aug 2011

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  1. Partners Worldwide5th East Africa Regional Conference25 to 26 Aug 2011 Kimani Kimotho Kimani Kimotho & Co

  2. Financial expertise? • What is required? • How to get/access it? • IT support? • Do I need to be an expert? • Q& A

  3. Financial expertise: What is required? • Tracking of your expenses • Tracking of your sales • Tracking of your cash and cash equivalents • Tracking of assets • A budget tool • Periodic (monthly, etc) reconciliations

  4. Financial Expertise: How to access? • Independent financial adviser (come to us?) • Employ a good accountant • Obtain a good financial management software

  5. Financial expertise: IT Support • Obtain a good financial management software • Can be a shared/pooled resource • Learn a bit of it!

  6. Financial expertise: Do I need to be an expert? • You must know what adds up and what does not. • Do not try to be who/what you are not; get good help • Learn a bit of everything!

  7. Financial expertise: Do I need to be an expert? • No OTC software solution is tailor made for your business but most can be customized • Obtain professional help

  8. Questions and Answers Kimani Kimotho Kimani Kimotho & Co kimanikimotho@gmail.com +254722214322

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