accounting, startups, nudge

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Nudge Accounting are excited to be part of a Master Class presentation on accounting to startups and students at the Melbourne Accelerator Program. This presentation will be made in conjunction with PwC.

As part of this presentation, we will be running through the basics of accounting for startup founders. We will also be explaining key factors that startups need to be aware of including managing cash flows, budgeting, runway and making investment decisions. The aim of this talk is to ensure that startup founders have a strong understanding of how they should think about money.

Sean Moynihan from PwC will also be presenting with a strong background as an R&D tax incentive and government grants specialist. He’ll demonstrate what activities are eligible for the R&D tax incentive and what startyps need to be able to do to claim them. Government grants are an excellent resource for startups that are often under-utilised, and Sean will help you identify identify appropriate sources of government funding, eligibility criteria and application processes.

Key accounting topics covered in this presentation are:

  • overview of accounting for startups;
  • importance of cashflow;
  • planning budgets & cash runways;
  • making investment decisions;
  • accounting tools & resources; and
  • how to utilise the R&D tax incentive scheme.