MaGIC Academy : Show Me Your Books, and I Will Show You The Money

MaGIC28 Feb 2015

Show Me Your Books, and

I Will Show You The Money28 February 2015

2.00- 4.00 p.m

MaGIC

Show me your books, I will show you the moneyMaGIC28 Feb 2015

HELLO from Howhoon!


Take away from this session

Participants are able to; Translate Business Model Canvas (BMC) into financial statements Identify monetisation opportunities and resources from BMC/ financial

statements Take actions to translate these opportunities & resources into currencies


Agenda:

1. The 4W and 1H of money

2. Finding the money from Business Model Canvas (BMC)

3. Translate BMC into financial statements

4. Finding money in the financial statements

5. Where else can I find money?


Financial Records (The “Book”):

Reflection of the company’s operation The responsibility of the company towards it

stakeholders Business planning- pricing, business modelling Decision making- by potential financier, investors etc STATUTORY compliance


Questions about money:

1. What money am I looking for?

2. Where can I find the money?

3. From whom can I find the money?

4. Why do I need those money?

5. When will I expect those money to come?

6. How do I get that money?


Group work using:

BUSINESS MODEL CANVAS(60 min)


Translating Business Model Canvas into Financial Statements


Major components of Financial Statements: Balance sheet Income Statement Statement of Equities Cashflow Statements (*) Notes to accounts


Specific compliance to CA 1965 Statement of directors Declaration by directors Declaration by officers responsible… Auditors’ opinion


Group work:

A closer look at the Cashflow Statements(30 min)


Where else can I find money?

MaGIC Academy : Show Me Your Books, and I Will Show You The Money

Business

Transcript of MaGIC Academy : Show Me Your Books, and I Will Show You The Money