Accounting and finance often feel confusing because people can’t see how the numbers work, and they don’t understand the language. Colour Accounting fixes this by approaching the subject visually.
The first workshop explored the fundamentals of accounting using our visual approach. This follow on workshop will build on these fundamentals to give you more confidence to work with your accounts and to discuss financial information with your stakeholders.
The course is structured as a series of 3 half day webinars, experienced live and remotely. You will receive materials to support your learning throughout the webinars.
DAY 1 (3 HOURS)
We will start with a comprehensive summary of the content from the first workshop, and then apply these accounting principles to the standard activities of a members club, to link accounting terminology directly to your operations
DAY 2 (3 HOURS)
This webinar will focus firstly on understanding and practicing the key business ratios that are of interest when analysing financial statements. We will then use the insights we have gained
into the business to practice setting a budget for the following financial year.
DAY 3 (3 HOURS)
This webinar will focus on analysis skills. We will look at a variety of company financial information to extrapolate and identify key features that tell us what the business is doing. We will then take a deep dive into 2 sets of accounts to practice reading and discussing the trends that we see, and the issues that are influencing the business.
Learning Outcomes
- A specific insight into the usual accounting practices within clubs
- A thorough overview of key business ratios along with practical examples
- Insights and practice into budgeting and forecasting methods
- Dedicated time to practice reading and analysing financial statements
Adam Wilkinson is a Chartered Accountant and Professional Development trainer, who leads unique and engaging workshops on accounting and financial literacy for a wide range of clients including music companies, media businesses, law firms, publishers, manufacturers and sports clubs. Having qualified in 1999, Adam has 22 years of business experience in finance, including 8 years at EMI Group PLC and 5 years in Financial Director roles in small and medium sized companies.
Registration
Cancellations must be received in writing 14 days prior to the event date. Any cancellations received after the 14 day period will not be subject to refund. Full payment is required in order to confirm the booking.
