Boardroom Financial Acumen

Right course for you

Is this course right for you?

This course is for directors looking to develop, strengthen or update the essential financial skills that are required in board roles.

This course is suitable for directors from all sectors, and for all levels of financial experience, though it is particularly helpful for those without a finance background.

It is recommended but not essential for participants to have completed the Company Directors Course.

Course learnings

What will you learn?

This short course covers key aspects of organisational finances, including financial statements, financial leadership and how to face financial challenges.

Over the course of the day, participants learn the key financial concepts and skills they need to fulfil their duties and responsibilities as directors. The course: 

  • highlights the importance of financial literacy and the financial reporting responsibilities and obligations imposed on directors by the law;
  • gives an overview of the three key financial statements, namely the balance sheet, income statement and statement of cash flows;
  • offers a simple step-by-step methodology on how to read, analyse and interpret the three key financial statements and draw conclusions;
  • provides participants with a take away "financial health checklist" that can be applied to any organisation;
  • assists participants understand key accounting concepts, such as accrual accounting, going concern, working capital, EBIT and EBITDA, and depreciation and amortisation.

 

Course expectations

What can you expect?

Boardroom Financial Acumen is led by expert facilitators with director experience, who take participants through immersive situations based on real-world case studies.

The case studies require the simulated boards to work together to discuss, analyse, interpret and draw conclusions about the financial performance, financial position and cash flows of a company. They then identify the company's financial strengths, weaknesses and develop strategies that might address those concerns.

Each case study provides a series of key financial ratios. Each board must develop questions that they would ask of management in relation to the figures and what additional supporting financial documents they would request.

This one-day course assists participants understanding what types of questions and what additional information they would be expected to ask for in board meetings.

Duration

This is a one-day course (7 hours).

Please ensure you have read and understood the Cancellation Policy.

Customised courses for your board or organisation

Our In-House service can work with you to build tailored development
solutions that meet the unique needs of your board or organisation.

Why learn with us?

Content

The content

Our programs and courses are designed by expert educators with the input of experienced directors and subject matter experts. The contemporary content is updated annually and includes case studies and real-life examples to ensure relevancy for today's and tomorrow's directors.
Facilitators

The facilitators

With our rigorous selection criteria, we recruit facilitators boasting extensive real-world director experience and the ability to create an interactive and unique learning environment.
Participants

The participants

You'll spend time connecting with, learning from, and sharing experiences with, a broad range of high-calibre senior executives and directors who are passionate about improving performance.
Recognition

The recognition

We offer highly-regarded and established governance and directorship programs. By participating, you are demonstrating your commitment to good governance practice, and have the opportunity to earn post nominals that associate you with Australia's leading organisation for directors and are recognised by the wider director community.

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