Finance for Board Members
Finance for Board Members
The Board is ultimately responsible for the financial health of an organisation!
Although Board Members do not need to understand each and every aspect of their organisation's finances, all Board Members are expected to discharge certain key financial responsibilities!
Board Members will leave the session with:
- Improved financial literacy: Ability to read and interpret financial statements with confidence
- Strategic oversight skills: Understanding the Board’s role in financial scrutiny, assurance, and accountability
- Critical questioning techniques: Knowing what to ask and how to challenge financial reports and forecasts effectively
- Risk awareness: Recognising financial red flags and understanding the implications of poor financial governance
- Practical application: Confidence to apply financial insights in real Board scenarios
Click here to see the course programme!
Who is this course for?
All new and existing Board Members and senior managers who work with the Board
How is this course delivered?
Slides are used by the facilitator to set out best practice but most of the workshop involves consideration of case studies and facilitated discussion of practical issues that relate to the financial responsibilities of Board Members. Time will also be spent reviewing a typical set of accounts of a public body.
Location?
Online
Course Tutor
Paul McIlwaine
Paul is a qualified Chartered Accountant with more than 25 years’ experience, primarily as Finance Director, with responsibility for all aspects of financial management and governance. He has worked within both the private and public sectors and has been involved at senior management level with a number of growth companies operating in China, Europe and Africa.
Paul is an extremely experienced finance trainer and has delivered training to the Boards of many organisations in the public, private and not-for-profit sectors including the Boards of many Housing Associations.
In 2018, Paul was invited by the Bank of England to join its Decision Maker Panel of Finance Directors, set up to monitor how Brexit is affecting business conditions in different industries across the United Kingdom.