Finance Essentials for Directors

Booking Now Closed
Booking for this workshop is now closed. For any queries in regards to this online networking event, please contact the IoD Training Team on training@iodireland.ie or phone +353 1 411 0010.

Overview

This online workshop on ‘Finance Essentials for Directors' will be led by Caroline Kirrane, Chartered Financial Analyst (CFA) Charterholder.  This workshop is part of the IoD Essentials Workshop Series. 

What Do I Gain from this Workshop?

• A clear understanding of the company accounts. 
• The ability to evaluate financial performance and identify red flags.
• Increased awareness in assessing the right questions to ask as a company director in uncertain times.
   

In this workshop, Caroline will take participants through the following five key metrics:

1. Cash flow - understanding, calculating and monitoring your cash version cycle; why inventory, receivables and payables need close management. 
2. Revenue - quality, product mix, customer mix, recurring versus non-recurring; why digging into revenue trends can position you for long-term success.  
3. Profits - margin trends, examining the cost structure; while profits may have taken a temporary hit, ensure there is a plan to recover margins quickly. 
4. Assets - return on assets; any assets not earning their keep should be evaluated, lighter balance sheets are nimbler in a crisis. 
5. Debt - interest cover can help you evaluate if your debt burden is sustainable.  

During the workshop, Caroline will outline the following key tip for recovery:

• Avoid overtrading - unlike other recessions, this recovery is likely to be sharp and swift - position your business for post-COVID growth and beware of overtrading. 

Workshop material is prepared by the presenter and produced by the IoD wholly and exclusively for use by workshop participants. Please note that workshop material will be provided in soft copy to all participants.

Caroline Kirrane has over a decade of experience working in financial markets. After completing her undergraduate degree in France, Caroline began her career working in a hedge fund in Paris. She then returned to Dublin, working in US-based proprietary trading firm Susquehanna.

She has held positions in Dexia and FinTech start-up Eagle Alpha and has also worked as an economist with the Central Bank of Ireland, advising senior policy makers on financial market developments. Caroline has an undergraduate degree in European Business and French from Dublin City University. She also holds a Master of Business Administration (MBA) from Trinity College Dublin and is a CFA Charterholder.

Booking

• Please note you will need an active microphone and camera to be able to interact in this workshop.
• To attend this workshop, please book and pay via the ‘Book Now’ button above.

Workshop Costs

• IoD members - €225 ex VAT
• Non-members - €275 ex VAT

Cancellation and Refund Policy

Places can only be confirmed on receipt of full payment. Cancellations and a full refund will be accepted if received in writing to training@iodireland.ie by 5pm on Friday, 5th November. After 5th November, no refund will be possible, and all fees will be forfeited in the event of a cancellation or non-attendance.

Group Bookings

If you would like to make a group booking, please contact the IoD Training Team on training@iodireland.ie or phone +353 1 411 0010.

CPD

IoD workshops may be eligible for CPD, including Chartered Director CPD. Please check with your relevant professional body.

Accessing the Link to Join the Workshop

• When you register to attend, you will receive a confirmation email to confirm your booking. In this confirmation email, you can choose to add this workshop to your calendar, where you can then also access the direct link to join the workshop on its start date. Please note you will need to confirm your details when you click this link.
• All registered attendees will also receive a joining instruction email closer to the date of the workshop. This email will contain your registration link to access the workshop. Please note you will need to confirm your details when you click this link.

Workshop Platform Information: Zoom

• This Workshop will take place via the online platform Zoom. Please download Zoom to your system before the workshop to ensure you can view the webinar.
• We would ask all registered attendees to do a test of the Zoom platform in advance to ensure it works for them. To do this, please click on the following Zoom Test page. If you need any further support, please visit the Zoom support page for more information.
• Please note, before you join the workshop Zoom will prompt you for your email address before you can join, this is a required feature of the Zoom platform. For more information on this, please view: Zoom Video Communications GDPR Compliance.

Contact Information

For all queries relating to the IoD Training Programme, please contact training@iodireland.ie or phone +353 1 411 0010.