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Business of Dentistry Series: Financials- Thursday, November 7, 2024

Speaker: Rohit Prajapati, CPA, CA, Macc, LPA

Category 3 - 2.75 CE Points

Location: Hyatt Place Toronto/ Mississauga Centre - 5787 Hurontario St, Mississauga, ON L4Z 2H7

Parking is Free

Business attire (no scrubs please)

Agenda:

5:30 - 6:30 pm Registration and Dinner

6:30 - 6:45 pm HPDA announcements and updates

6:45 - 9:00 pm Lecture

9:00 - 9:15 pm Q&A

Presenter Bio:

Rohit Prajapati, CPA, CA, Macc, LPA

Rohit is a Chartered Professional Accountant with over 30 years’ experience. His accounting and assurance experience includes serving both private enterprise and public clients in a number of industry sectors such as restaurant and hospitality, retail, commercial, industrial and consumer manufacturing, pharmaceutical, gaming, and professional services.

Rohit achieved a Chartered Accountancy designation in 1995, subsequently redesignated as Chartered Professional Accountant.

Rohit has lectured for the Institute of Chartered Accountants of Ontario, The Federated Press and Junior Achievement along with a number of cultural organizations on business basics, accounting, mergers and acquisition and estate planning.

Key topics covered:

1. Introduction to financial accounting and role in understanding businesses (specifically, a dental practice)

2. Financial accounting basics:

a. Assets, liabilities, equity, sales and expenditures

3. Financial statements:

a. Balance sheet basics

b. Income statements

c. Cash flows

d. Notes to the financial statements

4. Use of Financial statements on how to operate your business

5. Business plans and what they are used for.

6. What is included in a business plan

7. Business drivers (what to look for and how to assess)

8. Conclusions and questions

Learning objectives

1. Understanding of the financial metrics in a dental practice

2. Understanding of how financial accounting and financial statements can assist in measuring and tracking a dental practice’s performance

3. Understanding the role of financial statements and business plans

4. Learning how business drivers can assist in managing your business practice

HPDA members attend for free 

Staff of HPDA Members - $99

Non-members welcome for $175

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