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Finance for procurement


Finance for procurement 

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
Date: Thursday 14 September 2017
Venue: De Vere Colmore Gate
Fee: Members - £270.00 per person
  Non-members - £300.00 per person


12 Places left - Booking ends on Wednesday 06 September 2017


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 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.


Member: £270 (excl. VAT)

Non-member: £300 (excl. VAT)


Fee includes:

Lunch, refreshments and all course materials


Please note: Delegates will be required to provide their own calculator.


Inclusive e-learning:

Compliance in sourcing


14 September 2017
De Vere Colmore Gate, Birmingham


If you require accommodation for the night before an event, please use the form below. All accounts must be settled in full on departure.  Please indicate the course title in the 'Additional information' box.  Alternatively, you can contact the CIPS Accommodation Line on +44 (0)2476 369585.

If your query is regarding course details (content, timings, costs, etc.), please contact events@cips.org or call +44 (0)1780 756777.



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