Recently, La Trobe Business School’s Dr Tarek Rana delivered an interactive workshop to local businesses as part of an industry engagement initiative between Moreland City Council and La Trobe Business School.
The budgeting and cash flow workshop aimed to help local business owners and managers with:
- Setting and managing financial budget
- Improving cash flow and profits of their businesses
- Identify key business and financial tools
Dr Tarek Rana’s workshop showed how a business can improve its financial outcomes by linking budget with the business strategies. The workshop was focused on refining the way owners manage budget and cash flow by identifying organisational objectives and developing short-term goals and long-term strategies. Dr Rana has discussed many steps a business owner or manager can do at minimal cost to improve, measure and assess performance, re-evaluate objectives, goals, strategies through budgeting and cash flow management.
These workshops are also an important way in which LBS is strengthening its relationships with local industry and the business community.
Dr Tarek Rana
Dr Tarek Rana is La Trobe Business School Academic Coordinator for Albury-Wodonga Campus and a Lecturer in Management Accounting with La Trobe Business School. Prior to becoming an academic, Tarek was a Principal and senior manager of professional accounting firms in Sydney and Canberra. He has considerable practice experience in the areas of business services, taxation, auditing, and financial planning as well as consulting services including performance measurement and risk management.
Tarek has strong links with professional accounting bodies both in Australia and overseas. He is La Trobe University Albury-Wodonga liaison for CA ANZ, CPA Australia, and CIMA UK. He has served as an executive committee member of the CIMA Australia ACT Branch (July 2013 – June 2016), and now serving as a council member of CPA Australia Albury-Wodonga Branch (February 2017 – Present) and a branch committee member of the Chartered Accountants Australia and New Zealand Albury-Wodonga Group (August 2016 – Present).