Date: 21st May 2020
Time: 09:00 - 16:30
Law Society of Scotland
Atria One, 144 Morrison Street, Edinburgh, EH3 8EX, United Kingdom
CPD Hours: 5hours 30minutesThis introductory one-day workshop is perfect for legal professionals at all levels who wish to gain a practical working knowledge of finance.
Breaking through financial jargon to interpret account statements and balance sheets can be daunting. This one day course will give you the knowledge and skills required to operate with confidence when undertaking finance tasks.
Karen Price, founder of KMP Training, will explain budget control and accurate forecasting, effective cost-management, how to understand company accounts and cash flow statements as well as how to make a business case for investment in this essential and practical course.
This introductory one-day workshop is perfect for legal professionals at all levels who wish to gain a practical working knowledge of finance. It would also be of particular relevance for those looking towards their next career milestone or level of responsibility.
Financial management is no longer the preserve of Senior Partners, Senior General Counsel, CFOs and Finance Directors as more and more responsibilities are devolved to middle management.
Essential finance skills is recommended for solicitors who have, or who are looking toward taking on, responsibility for the finances of their department, taking charge of a budget for their department, work closely on transactions with finance colleagues, or who want to understand more about their organisation’s financial strategy. Whether you have recently taken on budgetary responsibilities for the first time or wish to broaden you financial knowledge, our one day course will give you the tools required to operate confidently and competently when undertaking finance tasks.
- Understanding the financial jargon
- How to construct a budget
- Components of operational and sales budgets
- Budgeting for capital expenditure
- Forecasting and forecasting aids and how to interpret the trends
- Cost types and behaviours
- The importance of credit control and managing cash flows
- How to interpret accounts, profit and loss statements and balance sheets
- Company reports and accounts
- Key accounting ratios
- Company valuations and acquisitions
- How to make a business case for investment and the financial criteria required
Reduced rate (Trainees, new members, accredited paralegals)
- £245 + VAT
- £195 + VAT (more than one place)
- £295 + VAT
- £245 + VAT (more than one place)
- £345 + VAT
- £295 + VAT (more than one place)
- £195 + VAT
To book more than one place, enquire about bespoke and/ or in-house training please email CPD@lawscot.org.uk
Karen was previously a divisional finance director with a large media group and later took responsibility for all management training within the division.
Karen has planned, co-ordinated and delivered management training up to board level in a major publishing company. She has also operated as an internal consultant on human resources issues and advised on gaining recognition under the Investors in People scheme.
A former finance director, Karen is a member of the Institute of Credit Management.
"All of it was very useful, I enjoyed learning the jargon. One of the more enjoyable CPD courses I have attended."
"My knowledge has increased immensely."
"Very good – very engaging."
"The course was very enjoyable, even the exercises."
"Very good…made light work of what could have been a dry subject. Good balance between practical work and teaching."
"Excellent trainer, very helpful."
"Fantastic! Karen kept the group interested in quite a technical dry subject matter."