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.
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.