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.