Training Courses (UK)

Finance for procurement

Thursday, 18 October 2018 - BIRMINGHAM


non-member US$396.18
Finance for procurement
8 Places Left Booking ends: 10 Oct 2018

CPDIncrease your understanding of this vital procurement area

By the end of this course you will be able to:

  • Demonstrate an understanding of financial statements
  • Understand the use of financial analysis
  • Demonstrate the ability to practically apply analytical data


    Is it right for me?

    It is generally accepted that there are four core business resources of which finance is one.  Failure to understand finance is a serious oversight as financial information is used to analyse and assess risk.  All financial appraisals require a balanced view and cannot be simply numerically based.  For this reason it is prerequisite for all business managers to develop their skills and understanding of financial aspects.

    This highly practical workshop will prepare you for the challenges faced on a day-to-day basis and focuses on minimising risk at the pre-contract stage of the procurement cycle.  It will equip you to accurately assess your supplier prior to inviting bids.


    What key points will the training cover?

    • A review of the appraisal process
    • When financial appraisal is imperative
    • The sources of financial information
    • The limitations of statutory requirements
    • Financial statements
    • Analysis of financial statements


    CIPS Direct Associates

    CIPS Direct Associates are appointed for their extensive knowledge and experience in the procurement and supply sector. The tutor for this course has been specially selected for their particular skills and expertise in the subject area.  This is a crucial part of CIPS ongoing commitment to ensure all of our delegates have a high-quality, informative and enjoyable learning experience.


    Thursday 18 Oct - BIRMINGHAM

    De Vere Colmore Gate
    5th & 7th Floor Colmore gate
    Colmore Row
    West Midlands
    B3 2QD
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    Finance for procurement
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    18 October 2018

    5th & 7th Floor Colmore gate, BIRMINGHAM

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