Wednesday 13 June 2018

Fundamentals of Finance for Publishers

Please contact to find out if this course is running in 2020. It is available as an in-house event to ALPSP members. Please contact for details.


Can you make any sense of the financial information provided to you? What do all those financial terms mean? This course provides an essential and in-depth look at finances with an overview of profitability, revenue streams and expenses. It also examines emerging industry trends such as open access and the impact on journals financial management. This course is specifically for non-finance budget holders new to budget management or those looking to take on responsibility for finance in publishing.


  • Understanding profit and loss statements
  • Producing a journal profit and loss budget
  • The balance sheet and cash flow in journals publishing
  • Financial ratios and how to analyze journal performance
  • Producing a journal forecast when things change
  • Emerging trends and their impact on journals financial management
  • Producing a five year financial plan for a new launch journal.

What will you learn?

Produce budgets and forecasts for their journal. Review, analyze and report on the financial performance of journals. Play a leading role in journal financial management. Understand the annual cycle for budget and pricing decisions and understand and better influence a finance director’s perspective.

Who should attend (Level 2)

This course is designed to provide an introductory overview for non-financial managers with responsibilities in publishing (e.g. publishing editors, managing editors and marketing managers) or to serve as a refresher for more experienced staff. The course will also be relevant to all publishing staff whose activities impact on overall profitability and is suitable for delegates from large and small publishers as well as society owned or listed companies. Delegates attending may be working for publishers, agents, societies or supplier of products and services to the publishing industry.

 Delegates should bring a calculator to this course.

Delegate Comments

"Very good overview for someone who has no financial experience. Excellent opportunity to network with others working at a similar level." Lindsay Hook, Society for Endocrinology

"Fast-paced and enjoyable with just the right level of detail. The practical exercises were challenging but fun." Natalie Wilder, Society for General Microbiology

"Interesting content, very relevant, especially regarding the industry." Mohamed Desouky, Cambridge University Press

Very comprehensive and wide ranging, yet focused and detailed too. A huge amount packed into one day.

Naomi Warren, SAGE Publications


Kate Rudge, Oxford University Press

Kate Rudge prefKate is Head of Commercial Support for the Global Academic Business Division of Oxford University Press (OUP). Kate qualified as a chartered accountant and auditor in practice before moving to OUP in February 2011. Kate has manages a team of accountants, who between them supported all the financial reporting needs of more than 250 society journals. Kate also has experience in management reporting, budgeting for both academic and journals publishing with a focus on delivering margins and acquiring new titles.

Annwyn Smith, IOP Publishing

Annwyn Smith picAnnwyn is a Management Accountant at the Institute of Physics Publishing where she has worked for the past 11 years. She has had extensive experience at budgeting/forecasting, financial reporting and analysis and she managed the financial relationship with one of the company’s most significant publishing partners for 8 years.  Prior to working at IOP, Annwyn trained as a Chartered Management Accountant at the Haymarket Media Group working in the commercial magazine department and helped to integrate the company’s first women’s magazine.

Early bird rates for members - Book by 13 March 2018 

Not an ALPSP member?  Want to take advantage of the reduced member rates? Click here to find out how your organization can join ALPSP

Members early bird            £372.00 (+VAT where applicable)
Members full price             £413.00 (+ VAT where applicable) 
Non Members full price     £601.00 (+VAT where applicable)
Academic rates are available, please contact

Venue: West One (De Vere), 9-10 Portland Place, London, W1B 1PR, T: +44 (0)20 7034 9700 (map)
This course will commence at 09:30 (registration, with tea/coffee, from 09:00) and end at approximately 17:00.
 Melissa Marshall T: +44 (0)1622 871035 E: 

How to book
Please note that you will need to log in to your account or register a new account to book a place on this training course. If you have any questions about this please email Melissa Marshall or any of the ALPSP team.
Any discounts will be applied at checkout.


Upcoming Dates for this event

  • Wed 13 Jun 2018
  • Wed 13 Jun 2018
  • West One, ,