Date: 21st September 2021 - 5th October 2021
Time: 09:30 - 11:30
Location:
Online via Zoom
CPD Hours: 6hours
This course will help break through financial jargon to interpret account statements and balance sheets. We will look to 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.
Breaking through financial jargon to interpret account statements and balance sheets can be daunting. This course will help break through financial jargon to interpret account statements and balance sheets. We will look to 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.
6 CPD hours made up from 3 sessions:
Session 1 - Tuesday 21 September 2021 at 9:30am - 11:30am
Session 2 - Tuesday 28 September 2021 at 9:30am - 11:30am
Session 3 - Tuesday 5 October 2021 at 9:30am - 11:30am
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. The course has a limited number of places and aims to encourage attendees in a safe environment to better understand the financial practices of law firms of all scale.
- Understand the make up of the Profit & Loss & Balance Sheet
- Appreciate why variances occur
- Understand the relationship between WIP & Fees and Cash
- Understand the importance of cash flow management
- Recognise when cost constraints are essential
Reduced rate (Trainees, new members, accredited paralegals)
- £245 + VAT
- £195 + VAT (more than one place)
Member rate
- £295 + VAT
- £245 + VAT (more than one place)
Non-member rate
- £345 + VAT
- £295 + VAT (more than one place)
To book more than one place, enquire about bespoke and/ or in-house training please email CPD@lawscot.org.uk
Scott was until his recent retirement, Relationship Director in the Royal Bank of Scotland Group. In that role, Scott looked after the Legal & Professional Services Customers of the Bank, working closely alongside firms with revenue streams ranging from £1m up to £50- £60m per annum.
He is now consulting with Scottish based Legal and Professional services businesses about their growth ambitions and day to day needs. Scott’s focus is to help firms spend their time where it matters most. With over 25 years banking and relationship management experience, Scott can attest that this is not always as simple as it sounds.
There are few people with Scott’s knowledge and understanding of the legal sector, and with his singular experience and knowledge of well run law firms. He is enthusiastic and personable and unfailingly makes a positive impact on new partners. In his free time he enjoys playing golf (not at the level he once did) and enjoy spending quality time with family and friends.
"Essential Finance Skills was excellent. Scott Foster engaged us in a very practical and accessible introduction/overview."
"Very informative - was great to have an example of accounts to go through, really brought the training to life."
"Scott Foster is a fantastic presenter of such training in terms of his knowledge, skill and inclusive approach."
"I felt everything was explained very well. It was a very informative seminar. Friendly and interesting."
"Scott was an excellent host and was very personable. He made a potentially dry subject very interesting."
"Scott was very knowledgeable and open to questions offline."
"Breaking the course down into three shorter sessions seemed a more effective way of delivering the content of the course rather than attending a single six hour session. It's also easier to build around existing business requirements."
