Overview

Finance for New Directors will provide new directors, senior executives and managers with the basic skills required to interpret and assess three main types of financial statements – Balance Sheet, Income and Cash Flow (profit and loss) – to identify what information is required to drive board decisions.
The course explained and assessed company financials through the eyes of the director and outlines the key responsibilities of a director in monitoring the accuracy and integrity of the organisation’s financial accounting systems. It provides a straight-forward introduction to financial statements and a guide to the financial performance of a company from a director’s perspective.

Finance for New Directors is comprised of:

Who should attend?
New directors, senior executives and managers from private, public and not-for-profit organisations who want to gain basic knowledge of the duties and responsibilities of boards and directors.

How will I benefit?
Upon completion of this course you will be able to:

• Appreciate the three types of financial statements: Balance Sheet, Income Statement and Cash Flow Statement
• Outline the director's role in evaluating financial statements
• Discuss the financial and non-financial indicators of organisational performance
• Ensure financial statements accurately reflect the organisation's financial position
• Appreciate the importance of maintaining the accuracy and integrity of your organisation's accounts