- Ask a Question
- Bookmark
- Share
- prev
- next
Full Day | Max. 12 Participants
Workshop Outcomes
- Correlate financial performance with business objectives
- Be part of the financial conversation. Feel confident to ask the accountant some questions, and talk to others within the business about the numbers
- Make more informed decisions that lead to better outcomes for the business
- The ability to read the accounts and interpret the story the numbers are telling you
- Understand the value of each of the profit and loss account, balance sheet and cashflow statement, and how they inter-relate with each other
- Understand the difference between profit and cash
Topics Covered
- We start with the basics. The foundation concepts of accounting e.g. accruals vs cash, what makes a balance sheet balance. We use highly visual, colourful diagrams to talk to principles.
- Demystify the terminology into plain English
- A unique and fun hands-on activity using a 3D board - we put concepts into practice by doing some accounting transactions
- A practical exercise to prepare a simple profit and loss account, balance sheet and cashflow statement
- Practice analysing, interpreting and talking about the accounts of a business
- Apply the theory to your business in this small group with lots of time to ask questions
Location
- Willing to work remote
- Willing to work interstate
How can this workshop be delivered?
- Face to Face
- Virtual
Overview
All leaders are expected to understand their numbers, regardless of their professional background, the sector or organisation type or size. This workshop equips leaders with the knowledge to make more sense of the numbers to make informed decisions that lead to better business outcomes.
This foundational workshop is financial literacy training done very differently. We make finance fun. We talk in plain English and not accounting jargon.
We explore underlying concepts and not accounting standards. We use lots of diagrams and lots of colour. It's experiential and hands on with a fun activity to explore how everyday transactions are treated in the accounts.
We put the learning into practice by analysing a set of accounts by using the unique Colour Accounting Learning System materials. Leaders will walk away with the confidence to be part of the financial conversation and ask questions of the accountant.
Workshop Outcomes
- Correlate financial performance with business objectives
- Be part of the financial conversation. Feel confident to ask the accountant some questions, and talk to others within the business about the numbers
- Make more informed decisions that lead to better outcomes for the business
- The ability to read the accounts and interpret the story the numbers are telling you
- Understand the value of each of the profit and loss account, balance sheet and cashflow statement, and how they inter-relate with each other
- Understand the difference between profit and cash
Topics Covered
- We start with the basics. The foundation concepts of accounting e.g. accruals vs cash, what makes a balance sheet balance. We use highly visual, colourful diagrams to talk to principles.
- Demystify the terminology into plain English
- A unique and fun hands-on activity using a 3D board - we put concepts into practice by doing some accounting transactions
- A practical exercise to prepare a simple profit and loss account, balance sheet and cashflow statement
- Practice analysing, interpreting and talking about the accounts of a business
- Apply the theory to your business in this small group with lots of time to ask questions
Who is this workshop for
Leaders and managers from a non-financial background that find themselves with some budget responsibility. They are given some accounts every month that they are accountable for, yet feel ill-equipped to understand them, and lack the confidence to ask questions. Recognising that financial literacy is now considered a core competency for management.
Leaders and managers from all sectors, all professions, all organisation types and size who have touchpoints with finance, may be expected to talk to their numbers, or run a budget, or just stepped into a new role where they now have whole of organisation financial responsibility.
This workshop is financial literacy training done very differently. It's fabulous for visual and experiential learners.
Whilst workshop numbers are typically restricted to 12 to create a safe learning environment, please enquire about larger groups.
Handouts/materials provided
Participant pack - "Colour Accounting Learning System" workbook and activity board.
These packs have an additional cost and will be charged on a per person basis.
What to bring
Your questions. Come prepared to be a little bit vulnerable, admitting what you don't know and ask all those questions that you previously thought were too silly to ask the accountant.
Facilitator
About the facilitator
Debbie Millard is renowned as "the friendly face of finance," characterising herself as a people person who also excels in crunching numbers. She takes pride in the fact that her vibrant personality is often seen as too lively for an accountant's role.
Debbie has earned a reputation for discussing business finances in layman's terms, demystifying accounting terms and concepts so those without a financial background can grasp them. She builds trust with her clients by keeping workshop groups small, fostering an environment where it's safe to acknowledge gaps in knowledge. Her guiding principle is that "there is no such thing as a stupid question."
Workshop attendees have noted Debbie's exceptional talent for making finance an engaging and enjoyable subject, customising the material to meet the needs of the group and helping them achieve clarity.
Debbie, a financial literacy facilitator, is skilled at working with a broad range of clients, from large corporations and government entities to non-profits and small-to-medium enterprises. Her roles as a facilitator for the Australian Institute of Company Directors, the Small Business Development Corporation, and various non-profit boards have well-prepared her for this breadth of work.
Debbie honed her skills as a chartered accountant at KPMG, grew into a Chief Financial Officer role in a large private company, served as a non-executive director and Chair for non-profits, and has been a business coach for small-to-medium enterprises.
Debbie’s clients choose to work with her because she is down to earth. They know she has got the professional qualifications and experience to add value, but they want someone who is approachable. She fits in with organisations that are values based and genuinely care about their people.
Key Expertise
- Financial literacy for Directors
- Financial literacy for Leaders
- Financial literacy for Business Owners
- Making finance fun
- Talking about numbers in a way everyone can understand
Industry Focus
- Large Corporates
- For Purpose Organisations
- Private & family business
Based in:
About the facilitator
Debbie Millard is renowned as "the friendly face of finance," characterising herself as a people person who also excels in crunching numbers. She takes pride in the fact that her vibrant personality is often seen as too lively for an accountant's role.
Debbie has earned a reputation for discussing business finances in layman's terms, demystifying accounting terms and concepts so those without a financial background can grasp them. She builds trust with her clients by keeping workshop groups small, fostering an environment where it's safe to acknowledge gaps in knowledge. Her guiding principle is that "there is no such thing as a stupid question."
Workshop attendees have noted Debbie's exceptional talent for making finance an engaging and enjoyable subject, customising the material to meet the needs of the group and helping them achieve clarity.
Debbie, a financial literacy facilitator, is skilled at working with a broad range of clients, from large corporations and government entities to non-profits and small-to-medium enterprises. Her roles as a facilitator for the Australian Institute of Company Directors, the Small Business Development Corporation, and various non-profit boards have well-prepared her for this breadth of work.
Debbie honed her skills as a chartered accountant at KPMG, grew into a Chief Financial Officer role in a large private company, served as a non-executive director and Chair for non-profits, and has been a business coach for small-to-medium enterprises.
Debbie’s clients choose to work with her because she is down to earth. They know she has got the professional qualifications and experience to add value, but they want someone who is approachable. She fits in with organisations that are values based and genuinely care about their people.
Key Expertise
- Financial literacy for Directors
- Financial literacy for Leaders
- Financial literacy for Business Owners
- Making finance fun
- Talking about numbers in a way everyone can understand
Industry Focus
- Large Corporates
- For Purpose Organisations
- Private & family business
Based in:
Contact Us
Can’t find what you need? For more information or a customised solution for your organisation, simply fill out the form below, we will be in touch with you shortly.
Providing choice of leading experts, best training workshops and coaching solutions.Â