Overview
A key role of the finance function is to deliver value-added insights to the rest of the organisation. Data is becoming increasingly vital to the success of businesses and needs to be properly captured, analysed and presented to a wide range of both internal and external stakeholders.
FP&A is a significant element of a finance leader’s responsibilities and there are now many dedicated career specialists who work within finance teams. This covers a range of activities including budgeting/forecasting, allocating capital, presenting trends, managing outcomes, suggesting initiatives, analysing data and benchmarking results.
You are increasingly required to perform these activities for both financial and non-financial data across the business. You will therefore need to work closely with other teams in order to successfully deliver this.
During this module, participants will:
- Understand the importance of Financial Planning and Analysis within your role;
- Learn the key areas to consider when performing FP&A;
- Determine which KPIs you should be measuring within your business;
- Working out how best to capture and process your data;
- Identifying the financial and non-financial data that you should include within your analysis;
- Improve your general skills for planning, forecasting, reporting and analysis;
- Identify ways to deliver FP&A to your wider organisation;
- Listen to best practice suggestions and case studies from experienced CFOs;
- Assess your current level of achievement within this competency;
- Determining how best to deliver your FP&A output to your internal and external stakeholders; and
- Create your development plan for building an effective FP&A process within your finance team.
Following this, we outline how to create budgets, predict results and manage outcomes to help finance leaders successfully deliver your company’s financial targets.
Learning Objectives:
After completion of this course, participants will be able to:
- Allocate capital;
- Build financial models;
- Create investment cases;
- Analyse data; and
- Manage outcomes.
Additional Information:
CPE Credit/CPD Hours: 2.8
Field of Study: Finance
No prerequisite knowledge is required to be successful in this course.
No advance preparation is required.
Program Level: Basic
Delivery Method: QAS Self Study