Financial Analysis Skills | CIPS
In this podcast Colin Linton, FCIPS, discusses the importance of financial analysis skills for contract managers to identify risks, and how using the ICEBERGS® model outlines the key ratios to focus on. There is a brief presentation followed by a discussion on: • How helpful credit reports are to contract managers • How important the gearing ratio is for contract managers • Is identifying these financial risks down to contract managers? • Which ratios you should pay special attention to together • Examples of ratios and changes which could identify underlying business issues • Finance being the language of the boardroom and how a deeper financial understanding can help procurement increase their profile and add value to their organisation.
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