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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


Early bird booking available - see 'fee' tab for details.

Date: Tuesday 24 April 2018
Venue: Novotel London Wembley
Fee: Members - £270.00 per person
  Non-members - £300.00 per person


5 Places left - Booking ends on Monday 16 April 2018


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)


Early bird booking:
Make your booking early and receive a 10% discount on the standard price (above).

Conditions apply.  See 'venue' tab for individual closing dates.


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


24 April 2018
Novotel Wembley, London


18 October 2018
De Vere Colmore Gate, Birmingham
(Early bird closing date: 17 August 2018)


If you require accommodation for the night before this event, please contact the CIPS Accommodation Line on +44 (0)1780 484052.  All accounts must be settled in full on departure from the venue.

If your query is regarding course details (content, timings, costs, etc.), please contact ukskills@cips.org or call +44 (0)1780 761476.

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