FOUNDATIONS FOR EFFECTIVE FINANCIAL MANAGEMENT
7 February 2006, London
Most people working in library and information services need to have a comfortable grasp of the concepts and language of financial management. Whatever your area of
expertise it will be beneficial to you to have an understanding of the financial aspects
of your service.
This one-day workshop will clarify financial jargon, explain the fundamentals of
finance and introduce you to the financial management skills hierarchy.
BENEFITS OF ATTENDING
To raise participants' awareness of the key principles of financial management
providing a sound foundation for the further development of financial skills.
BY THE END OF THE EVENT PARTICIPANTS WILL:
· understand the role finance plays in service organisations and the roles and
responsibilities of key financial personnel and processes
· gained awareness of key financial rules and regulations common to all
organisations when making payments to suppliers
· understand the distinctions between capital and revenue finance transactions
· be aware of important basic checks and balances in making payments and
reconciling those with budget printouts
· be aware of standard requirements in most organisations concerning the
awarding of contracts and calling for tenders
WHO SHOULD ATTEND?
Those with no knowledge and/or experience of financial management at all and who
wish to learn the basics.
WORKSHOP LEADER: LARRAINE COOPER
9.0 Registration and coffee
9.30 Welcome and introduction
Where Does Finance Fit In?
An exploration of the purpose of financial management and its place within a service organisation
Finance personnel and their roles and responsibilities
The need for written guidance and procedures
The purpose of cost centres
11.0 Finance Fundamentals
What's the difference between revenue finance, a capital asset and capital finance?
Let's track a payment.
Checks and balances along the road when making a payment.
Key stages from placing an order to the budgetary control statement
Financial transactions activity
2.00 When We Are More Experienced
An overview of tendering processes
Contract and tendering activity
3.15 In tray exercise
Working in small groups, participants consider a range of transactions they might be involved in dealing with in the early part of their career and consider the steps they need to use for each transaction
4.00 Where Can We Take It?
The financial management skills hierarchy
Personal development planning
Participants reflect on the day's information and prepare a personal
development plan for the further development of their financial management
skills from first level professional appointment to senior strategic management
PLACES ARE LIMITED TO: 16
CILIP personal members:
£190 plus VAT (£33.25) £223.25
CILIP institutional members:
£230 plus VAT (£40.25) £270.25
£265 plus VAT (£46.38) £311.38
HOW TO BOOK:
TO MAKE A CONFIRMED BOOKING:
Please print out and complete the booking form below and return it by fax to the
Training & Development Department on 020 7255 0561, or post to: Training &
Development, CILIP, 7 Ridgmount Street, London WC1E 7AE
TO PROVISIONALLY BOOK A PLACE:
To make a provisional booking simply telephone us on 020 7255 0560, textphone 020
7255 0505, email [log in to unmask] or visit this workshop's web page at
(Provisional bookings will be held for three weeks. A confirmed booking must be
received within this period or your place may be lost.)
I would like to book a confirmed place on FOUNDATIONS FOR EFFECTIVE
FINANCIAL MANAGEMENT, 7 February 2006, London
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* If you are a Personal Member, but your employer is paying, they will still be charged at Personal Member rate.
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PAYMENT OF FEE:
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(Your payment will be due within 30 days of the invoice date).
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Please tick here if you require a receipt: __
Option 3: __ Please debit £_________ to my credit card
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PLEASE NOTE: cancellations received on the day will incur the full fee. If a
cancellation is received in the seven working days prior to the event, 50% of the fee
will be due.
CILIP keeps any personal information you supply for the purpose for which you have
provided it. It is not passed to other organisations unless this is made explicit when
you supply it or if we are legally required to do so. However the Institute may from
time to time wish to send you information about other services or products it provides.
CILIP reserves the right to alter details or to cancel this event should the need arise. CILIP has provision for those in wheelchairs. Induction loops are also available.
CILIP, The Chartered Institute of Library & Information Professionals
Registered Charity no. 313014
Message sent by:
Events Assistant, Training & Development
7 Ridgmount Street
Telephone: 020 7255 0560
Fax: 020 7255 0561
Email: [log in to unmask]
Visit our web pages at: www.cilip.org.uk/training