Open Programmes

IMPROVING FINANCIAL CONFIDENCE

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This course concentrates on helping participants understand the strategic role of finance. It enables them to appreciate their legal responsibilities in relation to corporate stewardship and improve their confidence in understanding and discussing financial issues. The course is highly practical and allows participants to discuss financial issues in a non-threatening environment. 1:1 coaching in financial matters is also available following the course.

Benefits

  • Improved confidence in dealing with key financial issues
  • An increased financial vocabulary
  • Better appreciation of the financial impact of decision making
  • Clarity of Directors' responsibilities in financial matters

Participant Profile

  • Current Directors and aspiring Directors of both public and private sector organisations who need to increase their confidence in using, and challenging, financial information as part of discharging their responsibilities
(Delegates are encouraged to bring their own organisation's financial report and accounts, if available and applicable)

Course Agenda
A 3 day non-residential programme, this is a highly interactive course using exercises, case studies and discussion.

Day One: The context of Finance and building your financial vocabulary

  • The role of finance in organisations
  • Financial responsibilities
  • Consideration of financial and business risk
  • Statutory statements: Context, preparation and meaning (Income statements/balance sheets etc)

Day Two: Improving your ability to manage and assess financial performance

  • Managing financial resources
  • Cash flow analysis, working capital management
  • Monitoring financial performance

Day Three: Continuation of Day Two and further development of financial confidence

  • Investment appraisal
  • Business valuation
  • Interpreting financial information
  • Putting it into practice

Details

  • Course Leader: Jean Pousson

    • For further details, please call David Hannath on 0844 335 1761.

    The idm Group reserves the right to change tutors and module content if circumstances require it. In such cases, delegates will be notified in advance of the course wherever practicably possible.

    Testimonials

    "An outstanding programme.... a good momentum whilst taking enough time to ensure the concepts were embedded and understood. I would recommend this programme without reservation." Chris Holmes, Commercial Director,Tesco

    "The course tutor on the "Improving Financial Confidence" course was excellent, very informative. Alison knows her subject extremely well, she never made us feel stupid. Very well received." Claire Carr, Business Operations Director, Costain