Duration:
A one-day workshop.
Aim of the Workshop:
To enable participants to understand current financial practices and make the link between 'corporate' financial documents (e.g. Balance Sheet, Profit & Loss Account) and 'operational' monitoring tools (e.g. Cashflow, regular Management Accounts Reports).
Workshop Objectives:
By the end of the workshop, participants will be able to:
- Explain the value of 'corporate' financial controls
- Make the link between an organisation's budget and its devolved accountabilities
- Explore approaches to aligning financial performance data to operational performance data.
Outline Programme:
- Welcome and introduction
- What do we/don't we understand at this stage?
- The Business Plan - the financial input
- The 'corporate' documents
- Budgeting and balancing!
- Financial reporting
- A manager's view financial data!
- Interpreting the messages
- Using the financial information to drive performance
- Individual Action Planning
- Workshop evaluation and summary.
To find out when this programme is being run, please check our Open Programme Dates.
