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.
This fast paced tour through key elements of the accounts has been specifically designed for WB Directors and will be run by a PwC Senior Manager. It is targeted at current and aspiring board members who are not financially literate and who want to develop their ability to read and analyse financial statements. This will be a safe space to ask questions and fill your knowledge gaps and will provide guidance on the type of things to look out for as a director. It is particularly suited to those who do not have a financial background who are seeking a basic understanding of financial accounts.
Topics covered will include:
• Directors’ responsibilities with regard to financial accounts
• Contents of the Annual Report
• Balance Sheet, Profit & Loss, Cash Flow Statements
• Things to look out for when reviewing accounts
Speaker
Alexander Priest
Alexander is a Senior Manager in PwC’s Banking & Capital Markets Assurance team, based in London. With over eight years’ experience auditing major financial institutions, he brings deep insight into financial reporting, regulatory compliance, and risk management. Alexander is an expert in making complex financial concepts accessible – empowering non-executives to ask the right questions and engage confidently with financial oversight.
What previous attendees said:
“Very welcoming and digestible format- and much needed”
“The session hit the right note and doing as a webinar worked well”
“The session was great. The content was spot on and I learnt a lot.”
With thanks to PwC for partnering with us to deliver this event
