In the current economic climate, effective financial management is particularly pertinent. If you are a small-to-medium enterprise, this course could be the best chance you have to train your staff in prudent financial practices.
Often, young engineers have had no formal training in financial management, and many of those that have find it was not up to the standard that modern employers need. That won’t be the case with this one-day intensive course. Here, engineers working in finance will provide quality instruction on the fundamentals of financial management. The content is tailored to the engineering environment and not readily available elsewhere.
The speakers presenting at the Skills for Financial Success are:
Keith Parker, Programme Lecturer, Cranfield School of Management
Keith will present an introduction to accounting for those with little or no prior knowledge of the subject. The confusing terminology used in finance will be demystified and attendees will examine the balance sheet, the income statement (profit and loss account) and look at cash flow and why it differs from profits.
Peter Zak, Director of Logistics, DAF UK Aftermarket division
Peter will focus on how Financial Control has brought significant benefits to a large UK manufacturing company and will explain how Engineers can develop their thinking and actions, thus influencing the wider business.
In addition, a representative from Price Waterhouse Coopers will be presenting at the Skills for Financial Success seminar and will concentrate on the economic downturn.
Attending this event will help you:
• Develop understanding of crucial financial management concepts
• Budget accurately; less mid-project financial surprises
• Improve use of financial key performance indicators
• Monitor, benchmark, improve performance and help business achieve its goals
This event will attract:
Engineering managers, particularly first line / junior management. The content is particularly relevant to those involved with small-to-medium enterprise, where top to-bottom prudent financial practice is essential.