Money Matters

In this talk, we'll be looking at why traditional budgeting is such a constraint on being agile and reacting to the environment. Believe it or not, there are perfectly valid reasons why accountants behave like they do. Unfortunately, when people are working in isolation they often work against each other and the whole organization suffers. What we need is better decisions and a way to communicate them to others. And when you are communicating with accountants, you need to be talking numbers. (As a Chartered Accountant, I don't actually understand how anyone can make a decision without knowing the numbers!)

So, I'll be helping you to understand what numbers you need and how to get them. And more importantly, why the numbers don't have to be perfect.

About the speaker:
Graham Scott is a teacher, author and fellow Chartered Accountant. He studied Agriculture and Accounting at university and loved the numbers side of it. He started his own accounting practice in 1996 and discovered Theory of Constraints (TOC) about 10 years later.

Through his appointment on a charitable Trust, Graham had the job of liaising with the local council to negotiate a budget. This frustration led to a Master’s degree applying TOC thinking to the traditional budgeting process.

Graham sold the first half of his accounting practice in 2016 and the second half of March 2021. His book, “Practice Makes Profit”, tells stories about how he applied TOC to small businesses. The book has led to directorships, workshops and various coaching roles, including developing the Senior Leadership Team at a software company.