Finance for HR Practitioners
Speaker - Stephen Brookson
Date TBC 2017 at 15Hatfields London
10am - 4.30pm
An interactive one day programme providing skills and confidence to understand finance
Explaining finance for HR professionals
As an HR professional you recognise that effective business management demands proper financial awareness.
This programme certainly covers the basic financial skills you need as an HR professional.
The programme uses real financial information, both internal and external, and very few powerpoint slides.
This programme will provide you with a sound understanding of the financial tools and techniques to make you an even more effective HR and business manager.
- Communicate with the finance function in their language
- Challenge numbers and know what key questions to ask about them
- Contribute with confidence to board discussion about financial performance
- Prepare HR budgets with more depth and meaning
- Review management information with a higher level insight
- Read the financial press with enthusiasm and a desire to understand what is happening in your market
- Profit and Loss Account, Balance Sheet, Cash Flow Statement
- How to get started – which numbers to look at first
- Learning to ask the right questions rather than to expect answers from the numbers
- Key accounting language – how to judge performance quickly and intuitively
- How to assess financial strength and the management capability
- A simple, structured approach to interpretation of the numbers
- Checking the cash – how to spot the danger signs in a business
- Jargon busting: EBIT, EBITDA, ROE, ROCE, EVA, TSR and all the others
- The annual report – a brochure for all stakeholders: what the accounts reveal about a company’s image, social responsibility and pension fund!
Understanding The Greater Financial Picture
- How to read the financial pages: yields, price/ earnings ratios, market capitalisation
- What influences share prices, and what is meant by terms such as ‘equity’ and ‘shareholder value’?
- Understanding capital market pressures on businesses
Budgeting and Management Information
- Budgeting jargon – zero based, incremental, cost behavior
- Understanding monthly management information - where the numbers come from, what do they mean and how to explain variances
Making a business case
- What is a relevant cost
- How investment decisions are made - understanding payback, net present value and internal rate of return
- The role of HR in successful financial decision making
Stephen Brookson runs a business that specialises in the provision of specifically tailored finance training programmes for managers.
Presentational skills second to none, as his track record proves, and design skills for financial programmes that are unrivalled anywhere.
A psychology graduate, qualified as a chartered accountant with KPMG
After three years in industry he joined a leading organisation providing training for chartered accountants students sitting professional chartered accountancy examinations. Stephen lectured in accounts, tax, statistics, trust and executorship law, systems and data processing, financial management and management accounting. During these five years he gained extensive experience of writing, developing and presenting programmes on accountancy and finance
Stephen then joined Ernst & Young as a consultant for three years, leaving them in 1991 to set up his own training business – some 18 years ago
Since then he has developed, written and presented numerous seminars and training events across many industries in both the public and private sectors, in the UK as well as overseas
Whilst the majority of what he does is based in the UK, he also travels frequently to Europe, the Middle East, Africa, Asia and America
Specialties: Financial Services, Healthcare, Food, Building and Construction, Transport and Travel, Public Sector, Retailers, Sports, Basic Materials
What Stephen does
Finance is a core managerial skill, which everyone needs – but too often we are left to bluff it out in the face of accountants talking a different language.
Stephen makes a Finance Programme relevant, fast, furious – and above all fun.
HR Society Members: £320 plus VAT
Non-HR Society Members £395 + VAT
The fee is inclusive of materials for the session, refreshments and a buffet lunch.
Discounts will also be offered to organisations that book more than one employee onto this event. Please contact us for further information.
How to Book:
Contact us: firstname.lastname@example.org