Agenda
The programme consists of 8 core elements delivered over 2 continuous days.
*The agenda is for a guide only and is subject to change
** The delivery of this programme via the virtual classroom may differ to ensure the optimum learning experience within this environment. However, the learning outcomes will remain the same.
The virtual course would be 4 x 90 minute sessions per day, with breakouts and tasks leading to the next session. Please prepare for your virtual classroom course by reading our virtual classroom information guide.
*** If government restrictions, advice or social distancing prevent us from running any scheduled face to face course dates, In Professional Development may opt to deliver the scheduled course date via our Virtual Classroom platform. Please click here for more details about our virtual classrooms.
- Understanding Director responsibilities and accountabilities
- Introduction to the Companies Act
- Governance and finance
- Financial strategy
- Working with finance departments and your Finance Director
- Introduction to the key financial terminology, accounting concepts and standards
- financial and management accounting
- Costing systems
- Break even analysis
- The Profit and Loss statement
- The Balance Sheet
- Cash Flow Statement
- Assessing financial health
- Ratio Analysis
- Cash Flow Ratios
- Financial planning and reporting
- Gaining strategic value from the finance department
- Finance decision support
- Budgeting and forecasting
- Financial controls and Key Performance Indicators (KPIs)
- Interactive group session
- Understanding your stakeholders and their interests
- Distilling and reporting financial position
- Summarising performance
- Communicating effectively
- Understanding the requirement for finance
- The cost of capital, its relevance to decisions
- What are the options?
- Private equity providers
- Bank finance
- Shareholder finance
- Raising capital from stock markets
Tutors
Stewart McCombe -
Stewart has a career background in corporate banking, and is a highly experienced commercial individual, who commenced a transition into the not for profit sector at the end of 2009. He now has a portfolio of Chair, Board and consultancy roles across not for profits and SMEs.
Throughout his career, Stewart has developed a proven track record in the North West corporate market. In roles covering both relationship management and business development, his key skills of brokering and relationship building ensured the management of multiple stakeholders, at all times undertaken with outstanding levels of integrity. Core to his roles at Bank of Scotland were the management of key entrepreneur relationships for the bank.
In recent years, he has rapidly developed a profile in the not for profit sector, maintaining key board roles across a range of areas, including leisure and social care
Stewart has a range of financial, operational and strategic experience in the private, public and not for profit sectors, including charities, local authorities, banking and venture capital. This has captured a range of areas, including direct roles in leisure, adult care, the arts, environment and recruitment, coupled with a wide range of sectors including manufacturing, service, retail, building products and housebuilding during his corporate banking career. Stewart is at ease in any environment, from start-up to plc boardroom.
Andy Bate -
Andy is a qualified chartered accountant with in excess of 15 years’ experience working in corporate finance and private equity organisations, where he did multiple Merger and Acquisitions and fund raising transactions and has sat on 15+ Boards.
He made the cross-over in wanting to build his own businesses and in the last 10 years, is a founding partner of a fast-growing and successful e-commerce company, and in 2019, co-founded and launched an education software business around capturing and evidencing health and well being in children. Andy is also a founding partner of the consultancy/operating partners arm of Gunner Cooke Operating Partners.
The vast amount of businesses Andy has appraised and worked with in his corporate finance and private equity career, coupled with his own “at the coalface” learning experiences of starting, building and developing his own businesses, gives an invaluable insight into how businesses and Boards should function.
Andy is incredibly energetic, hungry with a strong desire to succeed in any business he supports.
Benefits of learning with INPD
The well informed, financially aware Director is well placed to track the financial health of a business and make informed, strategic decisions, securing the future success of the organisation.
Through interactive presentations, open discussion and group work, the facilitators will deliver thought provoking sessions, providing you with the key information, details and facts needed in an engaging and memorable environment.
The Finance for Non-Finance Directors Module will bring benefits to both you and your organisation. With formal training in financial principles and concepts, you will improve your personal effectiveness, confidence and influence at Board level. Additionally, you will bring a fresh perspective back to your organisation along with innovative models, concepts and ideas to improve the performance and effectiveness of the Board and your organisation.
Directors, business leaders and senior managers face daily strategic and financial decisions, reviewing proposals and exploring alternatives. This finance for Directors training course gives you a comprehensive insight in to the world of corporate finance and helps you recognise the key financial concepts and terminology Directors need to know to assess the financial position of an organisation.
This 2-day course will delve in to the world of corporate finance providing clarity and understanding to non-financial professionals. The programme will explore financial management principles, better preparing Directors to make more informed strategic and financial decisions, along with offering insight in the financial responsibilities of a company Director. Participants will leave with a renewed confidence in the ability to evaluate financial information and influence Board level decisions.
The Module has been created to put Directors at ease, helping them take away the relevant financial knowledge to make confident and credible business decisions based on a robust understanding of financial information.
There will be a recognition of effective company monitoring through financials, annual budgets, statutory reporting, as well as reporting to a range of financial stakeholders and Directors/business owners.
This will be an interactive course, delivered by experienced finance professionals, looking at the application of financial scrutiny within a business, and where the non-finance Director has a key role to play.
- The DNA of the financial numbers of a business and an understanding of cash flow, balance sheet, and profit & loss / income statements
- How to interpret the numbers from a non-financial perspective
- Understanding accounting principles and standards
- Methods that can be used by Finance Directors to create financial information that is non-financial friendly, including financial ratios
- How financial numbers relate to a company’s cash position
- Understanding the relationships between a company’s financial stakeholders and its Directors / Business owners
- How to rely on and get the most from the finance function
- Understanding finance and the various financial statements
- Analysing financial numbers and ratios
- Getting the best from your finance team
- Analysis of financial Board reports
- Presenting the case to external financial stakeholders
- Recognising the signs of a failing company
- When it can go wrong
This module is one of five modules, which together make up the full Directors Development Programme. The module can be taken on its own or as part of the full programme. By attending this course, you will gain invaluable insights from industry experts in to new ways of working, innovative concepts and the latest theories that can be applied instantly on returning to your own organisation.
Accreditation
You can attend the Directors Development Programme Role of the Director and the Board Module Accelerator on an accredited and non-accredited basis
Participants opting for the accredited route will complete this Module as part of the full Directors Development Programme. On completion of all five Modules, delegates can work towards achieving the PGCert in Strategic Leadership for Directors (60 credits).
[Click here for further details about our accreditations]