Talk Financials Ltd.
Continuing Professional Development (CPD)
- 30 May 2022 Online
- 30 Oct 2022 Online
Duration: 4-week online course | 2 hours per week
This course will provide you with the fundamental building blocks to enable you to read and interpret the financial data relating to their organisation.
We will examine how a business is structured and will look at some of the key ratios that highlight the financial performance of a business. We will also examine how budgeting and forecasting are used to manage the day-to-day running of the business.
Attendees are encouraged to obtain copies of the Statutory Accounts of their own companies, and those of their competitors, and to undertake the analysis on these accounts as they work through these series of modules. Attendees should also consider any management information (monthly reports, quarterly briefings, etc.) that they see and what operational decisions they should be taking as a result of the knowledge gained from this workshop.
Who Should Attend
This course is suitable for managers who wish to understand the finances of their business / department / business unit and have little or no formal financial training.
It will be useful for first-time budget holders and managers as well as more senior members of staff such as department managers, business unit managers and regional managers and anyone else who needs to gain a firmer grasp on the financial implications of their day-to-day operational decisions.
Benefits of Attending
“Accounting is the process of identifying, measuring and communicating financial information to permit the informed judgements and decisions by users of that information”. While it is up to the Finance Team to ‘identify, measure and communicate’ financial information, managers in the business can only make ‘informed judgements and decisions’ if they understand that information. This workshop aims to ‘lift the lid’ on the world of finance and to improve the ‘financial fluency’ of attendees.
On completing this online course, delegates will understand:
- How a company is financially structured
- How a company trades & accounts for those trades
- How a company is funded
- The primary financial statements – the Profit & Loss Account, the Balance Sheet and the Cash Flow Statement – and how those statements interact
- Key financial ratios and how to can use them to interpret financial information
- The types of costs in a business – how they behave and how they are treated financially
- How assets are valued
- Techniques for investment decision making and how to build a business case
- Budgeting and forecasting and how this can be used to exercise greater control over the business
- How to think ‘commercially’ as well as ‘operationally’
Continuing Professional Development (CPD)
Established in 1996, The CPD Certification Service is the independent CPD accreditation centre working across all sectors, disciplines and further learning applications and supports policies of institutional and professional organisations globally.
CPD is the term used to describe the learning activities professionals engage in to develop and enhance their abilities and keep skills and knowledge up to date. This course is an accredited Continuing Professional Development (CPD) training which means it meets CPD standards and benchmarks. The learning value has been scrutinised to ensure integrity and quality.
Ted Wainman trained and qualified as an Associate Chartered Accountant (ACA) with Ernst & Young before joining JPMorgan on the Investment Management side of the business. Whilst at JPMorgan, he undertook a company sponsored MBA in the International Management of Financial Services, from which he graduated at the top of his class with merit.
Since 2003, Ted has been designing and delivering programmes for the private sector across a range of business needs. With a background in finance, Ted is able to explain complex financial concepts in plain English and help delegates learn the language of finance. Using practical examples gained in over 15 years of delivering financial workshops, Ted gives delegates the confidence to know what questions to ask regarding the financial drivers of their organisations.
Ted has worked with over 200 companies – primarily private or listed – from blue chips to financial services, including banks and insurance companies. He has worked in over 35 countries globally and is experienced in addressing the need of programmes across varying cultural backgrounds.
Ted is the author of “How to Talk Finance: getting to grips with the numbers in business” – published by Pearson (FT) in April 2015.
Pricing excludes 5% VAT, which will be charged where applicable