Finance for Non-Financial Directors - Day 2

This is a highly interactive day for directors who have already attended Day 1 and would like to spend more time increasing their financial literacy.

DateVenuePrice
Tue 11 Dec 2018 9:30am - 5:00pm London
CCT Venues Barbican

CCT Venues Barbican

Address

  Aldersgate House, 135-137 Aldersgate Street, London EC1A 4JA

Telephone

  0207 776 4794

Located next door to Barbican tube station.  

Directions

Exit Barbican tube station and turn right.  Barbican CCT Venues is located next door but 1 to the tube station, on the corner of the road.  Download full details here.

Parking

There is an NCP car park only minutes away on Aldersgate Street near the Museum of London roundabout, which charges £3.50 per hour or £21 for  a full day.

There is an NCP car park  minutes away on Aldersgate Street near the Museum of London roundabout, which charges £3.50 per hour or £21 for a full day.

Hotels

The closest hotels are:

Citadines Aparthotel, Barbican (3 minute walk on the same road).

Malmaison (4 minute walk)

Rookery Hote (5 minute walk)

£580.00*

*Two delegates £560.00 per delegate.
All prices are exclusive of V.A.T.

Overview

This is a highly interactive day for directors who have already attended Day 1 and would like to spend more time increasing their financial literacy by interpreting and analysing financial statements. At the end of this day they will understand:

  • How to use vertical and horizontal analysis of balance sheets and profit and loss accounts to help interpret financial performance
  • The key areas to watch when monitoring performance
  • Red flags and danger signals
  • How to interpret ratios for different companies in different sectors
  • How to spot patterns which indicate potential problems ahead

At the end of the day delegates will feel more confident at reading their own financial statements and spotting any potential signs for exploiting growth and/or any indicators of problems ahead.  They will also feel equipped to ask critical questions during board room discussions and to be able to contribute meaningfully to debates around key numbers.

What you'll learn

AGENDA

 

 

9:30

 

Session 1 – Introduction and Overview

  • Introduction/objectives/workshop structure
  • Review Quiz

10:00

Session 2 – Profit and Loss Accounts and Balance Sheets

  • Key ratios reviewed
  • Catching up with Next plc – what happened in 2018?

11:00

 -------------------------------------- COFFEE  ------------------------------------------

 

11:15

 

 

 

12:15

Session 2 – The Writing on the Wall – Carillion plc

  • Assessing Carillion's financial statements – trends, red flags
  • Spotting the danger signals
  • What are the key red flags for all businesses?

12:45

  -------------------------------------- LUNCH -------------------------------------------

13:30

 

 

 

Session 3 – Identifying Industries through Outline Financial Statements

  • Group exercise (working in small teams)

10 skeleton companies – which industry do they belong to?

  • Debrief – key learning points

15:00

----------------------------------------   TEA  --------------------------------------------

15:15

Session 4 – Identifying the Story

  • Tesco – what did they do wrong?
  • Enron, Worldcom, Lehman Brothers – ‘creative accounting' stories

16:30

Session 5 – Wrap Up

  • Action Points and Evaluations

16:45

----------------------------------------- CLOSE  ----------------------------------------

 

Who is it for?

  • You understand the structure and purpose of balance sheets and profit and loss accounts and would like more practice in reading the story that lies beneath them
  • You would like to be able to pick up financial statements and understand the essential points from a quick read
  • You need to be able to evaluate the health of your business from its financial statements
  • You want to be able to ask your Finance Team the right questions
Don't want to book right now?  Remind me about this event

Your facilitator

Sarah Hobbs

Sarah is the co-founder of Vondel Professional Development, and is an engaging and highly qualified business and training consultant who specialises in making finance easily comprehensible for non-financial professionals.  She has worked with a variety of clients across both the private and public sector including HMRC, Ince & Co, Wolseley, United Biscuits, PwC, Knight Frank, Mothercare, Nabarro, Norton Rose, BMJ Publishing and Barclays Bank. 

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