£50 (Digital Members); £30 (Full & Directors’ Circle members)
This Quick Course covers Finance Essentials for non-executive directors who are *not* finance professionals in a one-hour on-demand lesson.
Managing the finances of the organisation is one of the board’s core duties. Make sure you understand what you need to know to operate effectively as a board member.
Whilst you don’t need to be an accountant or financial expert to be a non-executive, an overall understanding of your responsibilities and the risks around finance is essential.
This Quick Course will take you through the basics of financial management from a board perspective, situating it as part of your wider directors’ duties and explaining key concepts. A high-level overview, it is relevant to the corporate, public and charity sectors.
This one hour Quick Course covers:
- A board’s role in financial management,
- Financial and fraud risk;
- Annual report and accounts;
- Balance sheet, Profit & Loss account and cash flow statements;
- Directors’ responsibilities, ESG and the board’s wider duties;
- Reporting standards and independent audit.
It includes a deep-dive into example financial statements, which are available for reference.
About our presenter
Carolyn Clarke
Carolyn is a leading expert in the fields of risk, assurance, control, compliance and conduct, who has advised many multi-national organisations and is a founding partner of ‘Brave Consultancy’. She sits as a Non-Executive Director and Chair of Audit Committee at Elcogyn and Agilyx, as well as Council member of the Chartered Institute of Internal Auditors.
Until December 2019 Carolyn was the Head of Audit, Risk and Control at Centrica, and has spent almost 20 years with PwC, 7 as a Partner, working globally.