Managing SME finances during the Covid-19 era
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Tax and Accountancy Clinic Webinar Series:
Managing SME Finances during the Covid-19 era
Organised by the Royal Docks School of
Business and Law Tax and
Date and Time: Thursday July 30, 2020. 10am-11am
Location: Online Event
About this event
In good times, small businesses suffer financial challenges such as managing cash flows, managing receivables and payables, sticking to budgets, marketing challenges, lack of capital and unforeseen expenses.
These business finance challenges are not only complex and ever-changing, they are at the root of success or failure of small and medium-sized enterprises (SMEs).
A good financial management system can keep a business running, while too many financial hardships can cause even the most pristine machine to sputter and stall out. The significant market dislocation brought about by Covid-19 is likely to result in SMEs being disadvantaged, especially if they are unable to quickly adapt to sudden drastic changes in the external environment.
This webinar on managing finances on managing finances during the COVID-19 era will attempt to answer the following questions:
- How can SMEs manage cash flows including receivables and payables in periods of uncertainty?
- What are the avenues for raising short-term, medium-term and long-term finances and their accompanying merits and demerits?
- What government supports are available during the COVID-19 era, and how effective are they?
- How can the UEL Tax Clinic be of help to SMEs?
Dr Posi Olatubosun (PhD, FCCA, FHEA, ACSI) is the director of the Tax & Accountancy Clinic and a senior lecturer in accounting and finance at the Royal Docks School of Business and Law, University of East London. Dr Olatubosun has many years of experience in tax and audit practice with one of the “Big Four” accounting firms, and this experience is currently being applied in the teaching of taxation and audit at undergraduate and postgraduate levels within the University of East London. More information can be found on his professional page via the University of East London website.
Dr Emmanuel Ambe (PhD, FCCA) is a senior lecturer
in accounting and finance in the Royal Docks School of Business and Law,
University of East London. He is an expert in the area of small and medium scale
enterprises. His PhD in Business and Humanities at the Birmingham City
University was titled “Modelling entrepreneurial capital convertibility dynamics
in SMEs”. More information can be found on his professional page via the
University of East London website.
Please register via the link