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Financial Strategies 2013
1.
2. What Does The Word Astrape
Mean?
Astrape pronounced (AS-STRAP-PAY) is a
Greek word which is translated as:
โLight shining" (of the gleam of the lamp).
3. Our Mission
Astrape Finance aims to create a
community of persons and businesses
that understand the tenets of financial
management and are able to execute clear
and sound corporate and personal
finance plans for growth.
6. Founderโs Bio
โข Barbadian by Birth
โข Attended the Alexandra Secondary School
then transitioned to Harrison College
(1994-1999)
โข Attended the Barbados Community
College and obtained an Associate Degree
in Computer Studies (1999-2001)
7. Founderโs Bio
โข Graduated from UWI Cave Hill with a
BSc. Computer Studies & Management
(Double Major, 2001-2004)
โข Possesses seven years of experience in the
accounting field, five of which were
gained in the offshore banking sector
โข Acquired a Certificate in Counselling
from the Barbados Wesleyan District
8. Founderโs Bio
โข Is a teacher at heart
โข Has been the Founder and Financial
Consultant for the past year and seven
months (and counting!)
11. How Financial Strategies Boost
Efficiency in Your Company
Track your companyโs financial activities
-
Cash flow
How much you own
How much you owe
How much income you make
How much expenses you incur
#bizboost
12. How Financial Strategies Boost
Efficiency in Your Company
Track your companyโs financial activities
-
How much you make (or lose)
How much do clients owe you
How much you owe for taxes
How much do you have to pay for salaries
#bizboost
23. Income Statement
Shows your Net Income
Net Income = Revenues > Expenses
Shows your Net Loss
Net Loss = Expenses > Revenues
#bizboost
24. Balance Sheet
Comprises the following
What you own and Who owes you: Assets
E.g. Equipment, Cash, Accounts Receivable
What and Who you owe: Liabilities
E.g. Accountable Payable, Loans
Money invested into the company: Equity
#bizboost
26. Cash Flow Statement
Statement used to monitor cash movements
within the company:
- Operating activities
- Investing activities
- Financing activities
#bizboost
27. Cash Flow Statement
Operating activities
- Expenses
Investing activities
- Purchase of equipment
Financing activities
- Money invested by the owner of the business
or an investor
#bizboost
33. Analysis of Financial Statements
Make comparisons between financial years
- Determine if more or less money was
spent over a specific period
- Determine if more or less money was
made over a specific period
#bizboost