*** This is a face-to-face event being held at McGrathNicol in Melbourne (COVID pending)
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.
We will enjoy the evening in a covidsafe way. Catering will be provided.
As a NED for a number of years, I found this workshop an excellent refresher. The advice provided was highly valuable and demonstrates how important it is for all board members to review their financial skills regularly." Megan Lavender, Management consultant, Company Director, Government Board Member.
The content was outstanding and very informative. This was exactly the session I have been looking for. Financial Literacy participant
Robyn McKearn - Partner at McGrathNicol
Robyn was a Founding Partner of McGrathNicol, a former partner of a ‘Big 4’ firm, and served as McGrathNicol’s CEO from 2011-2016. Robyn has deep understanding of dispute resolution, forensic investigations, regulatory response, governance, restructuring and corporate insolvency drawn from a long career in a range of roles,including CEO, COO, Registered Liquidator and a Board Member.
Robyn has extensive experience across a range of industries. She has conducted investigations and managed stakeholders including financiers, shareholders, boards, creditors, partners and regulators. She is experienced in delivering enhanced strategic clarity to give stakeholders confidence in the quality of their decisions. Her clients include corporate boards, c-suite, internal and external legal advice for whom she delivers financial, commercial and strategic analysis, including forecasting, loss calculation, asset tracing, and analysis of financial and management accounts.
Siobhan Hennessy - Partner at McGrathNicol
Siobhan is a Forensic expert with more than 20 years of experience specialising in dispute resolution, forensic investigations, regulatory response and labour force reviews.
Prior to joining McGrathNicol, Siobhan was a Partner at “Big 4” firms and brings a depth of experience in investigating allegations of misconduct, quantification of damages and presentation of evidence. Siobhan is regularly engaged as an expert accountant to opine on matters of quantification and provides expert evidence (written and oral) in forums such as Senate Inquiries, the Federal Court of Australia, the Supreme Court (across various states), Victorian Civil and Administrative Tribunal, and the Fair Work Commission. She has also assisted clients through mediation and other forms of alternative dispute resolution.
During this time when we need to be working together and remain connected, Women on Boards wants to assure all members of our community we are taking the utmost care and precautions for our events and gatherings in light of COVID-19. The WOB team is working extremely closely with our McGrathNicol and everyone involved with our events to protect the health and wellbeing of our community – you are our top priority. Of course, we will update you if any changes come up.
With thanks to our corporate partner