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Finance for Ward Managers: The Ward Manager’s Finance Survival Guide

Wed, 8 May 2024

Virtual, Online

The essential practical introduction to the skills and knowledge ward managers need, to have the confidence to benefit patients by successful use of their budgets.

Do you want to feel confident with your financial reports? Do you want to ask your accountant the right questions about your ward budget? Do you want to understand the financial rules and your rights? Do you want to be able to relax and enjoy the financial aspects of your ward manager role? Then this masterclass is for you.

The programme includes:

  • Budgets and budgetary control

  • Understanding your financial reports

  • The three methods of accounting

  • Forecasting your financial position

  • How budgets are set

  • Your responsibilities… and your rights

  • The seven-point plan for interpreting your financial information

The masterclass is highly participative, with individual and group exercises and group discussion. The day is fast paced, light-hearted and enjoyable, and no unnecessary jargon is used. No finance staff allowed!

Key Learning Objectives 

  • List your financial responsibilities.

  • Get the best out of your finance department.

  • Use a simple step-by-step method to interpret your financial reports.

  • Project and forecast future financial problems.

  • List reasons for variances from budget.

Facilitator 

The course is facilitated by David Bailey, an NHS accountant with 37 years’ experience in acute, community, mental health and learning disability services. His specialist area is explaining complex financial concepts in ways that clinical staff can easily understand. David is author of the best-selling book The NHS Budget Holder’s Survival Guide. His clients have included The King’s Fund, the Royal College of Nursing and the NHS Graduate Management Training Scheme. He has successfully trained thousands of NHS staff and is well known as a provocative, lively and entertaining speaker.

Facilitated by:

Mr David Bailey

Finance Development Consultant and Author
NHS Finance - Development - Consultancy

In-house Training

This course can be held at your organisation for up 25 delegates, we can tailor the content to suit your organisation and CPD needs of your staff. Led by experienced and highly rated trainers, in-house training works out cost-effective for groups and saves travel time.

Enquire
Contact katym@hc-uk.org.uk with your requirements for further information and a quote.

In-house Training

Fee Options

Virtual NHS, Schools, Care and Public Sector

£295.00

(£354.00)

(Prices in brackets include VAT)

Discounts

Additional delegate discount:

A discount of 15% will be applied to fees for any extra delegates.

Online discount:

A discount of 10% will be applied if you pay using the website.

Also of Interest

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