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Finance for IT Professionals (Postponed)

Computing professionals do not need to be financial experts but they must be financially literate to be able to grasp the essential financial reality of any situation.

This one-day course gives finance professionals an overview of the key elements required to understand business finance.

Who Should Attend

This course is aimed at IT professionals who find themselves interacting with finance staff. 

The course aims to give you the confidence to contribute to internal discussions by providing you with a solid understanding of key financial concepts and terms.

Course content is delivered by Cormac Lucey, a highly acclaimed and experienced finance professional. 

Cormac is a qualified chartered accountant. He has developed and currently presents several other finance programmes in Chartered Accountants Ireland, the Irish Management Institute and the Michael Smurfit Graduate School.

Course Content

The main financial statements and what they represent

  • Income statement / Profit & loss account
  • Balance sheet / Statement of financial position
  • Cash flow statement

Ratio analysis – how to evaluate a firm’s financial statements

  • Profitability ratios
  • Working capital management ratios
  • Liquidity ratios – does the firm have enough cash
  • Solvency ratios – does the firm have enough equity?
  • Investment return ratios
  • Live examples: review of financial statements of major public corporations

Other key operational financial topics

  • Working capital management
  • Budgeting and forecasting
  • Revenue recognition
  • Capitalising product development expenses
  • Sources of funding: debt and equity

Valuation and value creation

  • How is a firm valued?
  • How does management increase a firm’s value?
  • Examples of firms that have succeeded and failed to increase their value

Why Do This Course?

By the end of the course, participants will have the knowledge and insights to be able to participate confidently in financial discussions with finance professionals. 

You will improve your knowledge of key financial concepts and be able to communicate more effectively with your CFO and CEO when conducting financial planning.

Through an in-depth understanding of the processes that underlie how finance and IT interact, you will be able to standardise and simplify how you do business, driving value in the long term.

Non-member rate includes 12 months free membership. We will be in touch with registration details after your place is confirmed.

About your Tutor

Cormac Lucey was born in Dublin and grew up in County Down and County Mayo. He was educated in UCD and qualified as a chartered accountant with Price Waterhouse in 1987. He has since worked in the financial industry, focusing on corporate finance. Between 2002 and 2007 he served as special adviser to the Tanaiste, Michael McDowell.

He has developed and currently presents the Diploma in Corporate finance (at Chartered Accountants Ireland) and the Diploma in Business Finance (at the Irish Management Institute). He also teaches finance at the Michael Smurfit Graduate School (University College Dublin).

He contributes regularly to discussions on public affairs and is a weekly columnist on economics with the Irish edition of The Sunday Times. He has contributed to several books including authoring Plan B – How Leaving the Euro Can Save Ireland and co-authoring The Business Compass – Perspectives on Business Ethics.

Members – book your place at this event for the special price of just €750.00  €650

Membership means more than saving on events. You can also network with like-minded professionals, and gain recognition of your experience and expertise. Learn more about membership benefits.

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16th Oct (Tue)


Begins at 09:00 and ends at 17:00


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