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Lacking in expertise?
The best meeting place in Newport
The University of Wales, Newport’s new City Campus offers a new option as a discreet, professional venue for business meetings and events. Suitable for high level roundtable
Forensic control of the books can make or break a business but many firms don’t have qualified in-house financial experts. So how can they improve their chances of survival? Newport’s university is ready to help...
O
f all the things which make a business tick and all the things that can affect its success or otherwise, money is at the
heart of things. In the difficult financial climate of the last
three years, this has been all the more relevant. Gone are the days when some businesses
were able to be more relaxed about cash flow, expenditure control and careful management of resources. Instead, businesses operate against a backdrop where both systems and decisions on finances will have a major impact on the future success of the business. Any successful entrepreneur will tell you
that while creativity, flair and the ability to spot a gap in the market are priceless, financial management skills are just as important. Intelligent management of cash resources is therefore an essential skill for new businesses, as well as more established organisations. The fact is that for many businesses,
particularly those that are still growing, investing in the skills of a full time financial controller is just not yet practical, yet this is often the time in the businesses life span when it needs support the very most. Many business people are often left frustrated by their own lack of experience with figures and worried about what it may mean for their business. Investing a small amount of outlay in some
basic training in accounting for non-accountants is a sure-fire way of improving any business’s ability to withstand financial shocks and meet the challenging financial pressures that all businesses are currently facing. Jared Davies, Academic Leader for
Professional Programmes at the University 10 THEbusiness QUARTER
of Wales, Newport said: “Many business managers have responsibility for some major financial decisions and strategies without any training or experience. This is a very difficult situation and can negatively affect both the confidence within an organisation and ability of the business to survive and grow. “The university is seeking to mitigate this
potential pitfall for local businesses by offering bite-size, convenient training for managers and business people who do not have an accountancy background. We are planning a range of dates over the coming months and I would encourage people to get in touch to find out more about these and other professional short courses on offer.” The university is one of the top providers
of accountancy in the UK as a Platinum tuition provider for ACCA (the Association of Chartered Certified Accountants), the highest level of quality recognition that a tuition provider can obtain. It was named Accountancy College of the year 2010 by PQ Accountancy magazine and is continuing to forge an international reputation for the quality of its academic and short courses. The university also provides short courses in a wide range of other business subjects in a flexible way. Newport’s university offers short courses
in Cash Management and Credit Control for SMEs, Governance Best Practice and Accounting for Non-Accountants, as well as ACCA and CIMA professional accountancy tuition and CPD/technical update training. For more information, call the University’s
Information Centre on 01633 432432 or e-mail
uic@newport.ac.uk
meetings for up to 24 people, or more informal receptions, the City Campus boardroom is one of the smartest and most professional meeting rooms in the city, a place that any prospective client would be impressed by. A wide range of other facilities are
available, including large meeting rooms suitable for presentations to hundreds of colleagues or clients. The university’s in-house events team offer a bespoke and professional service to business which has won plaudits from a growing number of clients, helping the university’s growing reputation as one of the best business venues around. For information on conference and
events services at the University of Wales, Newport, please ring 01633 432991 or
conferencentre@newport.ac.uk
Meet Morna
Name: Morna Manson Works for: University of Wales, Newport, designing events and providing facilities for a huge range of external clients. Three things that best describe your job: Flexibility, working with people, always trying to exceed expectations. Favourite Business Quote: “Success is often achieved by those who don’t know that failure is inevitable.” Coco Chanel What do you do when you’re not at work: I have a 15 month old son who keeps me busy!
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