Advanced Financial Skills (AC)

This course discusses the critical financial skills that today’s finance professionals need to add value to their team, other departments, and the company. Some of the major areas covered include strategic planning, risk management, the Balanced Scorecard and insightful financial analysis.

OBJECTIVE:
Is your finance department seen as a cost-center? Are you under-utilized and under-appreciated? You can change that paradigm. You can transform into a value-added, highly sought-after partner in your organization. 

The traditional cost center is focused on the past, preparing historical financial statement and budget to-actual analysis. The value-adding finance department is focused on the future, helping to guide strategy, protect against risk, implementing change effectively, and becoming a trusted organizational adviser. 

LEARNING OUTCOME: 

By the end of this course, participants should be able to: 

  • Identify the critical skills that today’s finance professionals need to add value to their team, other departments, and the company. 
  • Apply the Backcasting method of strategic planning to help plan your organization’s desired future. 
  • Determine how to apply the Balanced Scorecard to your organization’s strategy to track progress towards and achieve success faster. 
  • Formulate a risk assessment to protect your organization’s success and minimize the chances of failure. 
  • Recall different social styles for engagement, impact, and influence. 
  • Determine how to plan for, implement and manage change. 
  • Choose techniques to motivate and elevate your team.
  • Use an insightful financial analysis to maintain what is working and make organizational improvements. 

CONTENT:
The topics in this seminar include: 

  • Skills for the 21st century finance department 
  • Strategic planning using the Backcasting method 
  • The Balanced Scorecard Method for aligning goals and objectives to strategy 
  • Risk identification, assessment, and mitigation 
  • How to use social styles to build stronger relationships 
  • Methods for effectively implementing change and minimizing the human pushback 
  • Preparing a financial analysis that is insightful to the users, driving improvements to the organization
  • Hiring, managing, and retaining high-achieving employees 

APPLICABLE FOR:
Finance professionals who want to develop the skills to transform the perception and elevate the impact of the finance department on the organization. 

WHAT TO EXPECT: 

  •  After registering for the on-demand course, you will receive an email from Bridge (AICPA) with your login information within two business days.
  • You will be required to sign into Bridge to access your course. To create a password for your Bridge account, use the forgot password link. The email from Bridge may take a few minutes to arrive. Please also check your junk folder.
  • You will have 180 days after registration to complete the course. 
  • This self-study course allows the user to save their progress and return to continue later. 
When
4/1/2024 - 3/31/2025
Where
On Demand
Event Code
AC2401
Estimated CPD Hours
6
Format
On Demand
Passport Credits
7
Estimated Ethic Hours
Competency
Finance
Price
185.00
Estimated Licence Hours
Course Level
Advanced

Personal Passport Eligibility

Corporate Passport Eligibility

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