Thursday 26 November 2020

Fundamentals of Finance for Publishers


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 

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


Oliver Callaghan, IOP Publishing

Oliver Callaghan Oliver is currently Finance Director for IOP Publishing. Prior to being appointed to the board in 2016 Oliver held a number of senior finance roles, including Group Financial Controller for The Institute of Physics and Financial Controller of IOP Publishing. He joined IOP in 2003 and gained experience across all aspects of journals finance from budgeting/reporting, launching new titles, partner management, business development, through to technical matters such as VAT on international business. Oliver is also Treasurer and non-executive director of a media based charity in Bristol that runs, amongst other things, a ‘pop-up’ furniture factory.

Ben Speirs, Oxford University Press

Ben Speirs picBen is a Commercial Manager working in the Journals Finance team at Oxford University Press. Joining in 2016, Ben initially focussed on the financial aspects of bidding for new business, renewing existing contracts and purchasing Journals, before moving to his current role with a broad remit covering society reporting, monthly management reporting and commercial support for a list of Science and Medicine Journals.

Early bird rates for members - Book by 26 August 2020*

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            £382.00 (+VAT where applicable)
Members full price             £425.00 (+ VAT where applicable) 
Non Members full price     £619.00 (+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.
Contact: 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.

*In order to take advantage of the early bird discount for ALPSP members, you must (i) make a booking by 26 August 2020 and (ii) be an ALPSP member on the date of the event. In the event that you cancel your membership prior to the event, you agree to pay ALPSP the difference between the discounted price and the full price for the event.


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

Naomi Warren, SAGE Publications

Upcoming Dates for this event

  • Thu 26 Nov 2020
  • Thu 26 Nov 2020
  • West One, ,