Being able to understand the financial accounts of an organisation is an essential skill for board members. You don't need to be a numbers expert or to be deeply familiar with accounting standards and terminology but you do need to have a basic understanding of key elements of a Balance Sheet and Profit & Loss / Income & Expenditure Statement, along with the confidence to ask questions on areas which are not clear or give you cause for concern.
If you want to truly understand the business you oversee, you need to speak the language of financial statements. What gets measured gets done, and what gets noticed gets actioned.
This workshop will provide you with the tools to understand and speak the language of financial and commercial concepts:
- Provide a framework for commercial and financial analysis
- Enhance your ability to understand financial information
- Identify commercial and financial “red flags”
- Build the bridge between the Board and operational aspects of your business.
After 8 years in practice management roles as CEO and COO, Robyn now leads McGrathNicol’s Forensic practice in Melbourne, with a particular focus on dispute advisory encompassing investigations, dispute management and expert and consulting expert roles. She is also the firms’ National Professional Practice Partner, responsible for the development and implementation of professional practice policy and the firm’s professional development strategy and a member of the Firm’s Risk Committee. Prior to taking on practice management roles, Robyn’s client facing experience spans a broad range of corporate recovery, financial reconstruction and financial advisory services gained in Australia, UK and Asia. Robyn is also a Director of the Australian Restructuring, Insolvency and Turnaround Association.
Sue is a Director of McGrathNicol Forensic. A Chartered Accountant with more than 20 years’ experience across audit, corporate and personal insolvency and forensic accounting, Sue has led and worked on a broad range of forensic investigations involving fraud, workplace misconduct and financial reconstructions across both the private and public sectors.
In addition, Sue has delivered numerous projects involving fraud risk management and training programs aimed at mitigating the risk of workplace fraud and misconduct.
"The content was outstanding and very informative. This was exactly the session I have been looking for." Financial Literacy Workshop participant
With thanks to our corporate partner