This course is designed to help buyers understand financial tools for effective supplier appraisal  as part of their procurement due diligence processes. The course will offer participants a good understanding of how to effectively appraise the financial strengths of potential suppliers, during the  tendering/ evaluation stages.

By the end of the course, participants will learn savvy tools to enhance their confidence in interpreting and evaluating the financial statements of suppliers in the  private and third sector,  as well as identify pertinent  information critical to carve out better terms and conditions from suppliers during negotiation .

1.  Understanding financial probity in procurement activities

2. The core financial tools used for better supplier appraisal against potential viability risks

3. The structure of financial statement in the private and third sector

4. How to interpret financial reports confidently for better decision making

5. How to evaluate financial statements using expert ratios used by financial analysts

6. Understanding the indicators of financial strengths and weaknesses and what that mean for your organisation

7. Introduction to cost account and its benefits in assessing breakeven point

8. Introduction to basic forecasting techniques for effective evaluation of suppliers' financial plans.