Introduction to Journals Finance 05 May 2004
The King's Fund, 11-13 Cavendish Square, London W1G 0AN (map)
Paul Campbell, Management Accountant, Elsevier
Martin Delahunty, Publisher, Health Sciences Division, Elsevier
What do all those financial terms mean? Can you make any sense of the financial information provided to you? This course will provide an in-depth look at journal finances with an overview of profitability, revenue streams and expenses. By the end of the course participants will be able to: review the financial performance of their journals; play a greater role in financial matters; understand financial terminology; interpret and question profit and loss accounts and balance sheets; understand the annual cycle for budget and pricing decisions; and develop better appreciation of how new business models might impact on journal finances.
a.. Understanding profit and loss statements
b.. Journal budgeting
c.. The balance sheet and cash flow
d.. Interpreting financial information
e.. Financial ratios
g.. Journal publishing: future financial challenges
Who should attend?
This course is designed to provide an introductory overview for those with responsibilities in journal publishing (e.g. Publishing or Managing Editors) or to serve as a refresher for more experienced staff wanting to update their knowledge. The course will also be relevant to all publishing staff whose activities impact on overall journal profitability e.g. Product Managers, Production Editors. The course is practical with worked examples.
Please see http://www.alpsp.org/training/tIJF050504.htm for full programme details or contact
Lesley Ogg on 01245 260571, email: [log in to unmask]
Event Marketing Co-ordinator
3 Barnack Road, Stamford, Lincolnshire,PE9 2NA
Tel: +44(0) 1780 757005
Fax:+44(0) 1780 762507
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ALPSP Training Course: Introduction to Journals Finance - 05 May 2004