The Business Analyst – A Stronger Focus on Analytics for Accountants and Managers
20 CPD Hours
AUD $700+GST Per learner
10 KEY STEPS TO A STRONGER FOCUS ON BUSINESS ANALYTICS
ACCA’s recent report on the future of professional accountants [Drivers of change and future skills] identified that ‘expert use of analytics will enable better and close to real time reporting, more predictive analysis and greater interconnectedness of financial and non-financial performance.’
The business analyst can see beyond the past to explore the future world of the client in relation to growth, value, profit and cashflow. Being curious about the numbers can open up immense opportunities for you and your firm to add real value to clients.
CPA Australia’s most recent ‘Firm of the Future’ update recognised that ‘accountants need diagnostic skills to interpret financial statements, along with a range of soft skills.‘ Do you encourage your accountants and managers to look beyond the numbers?
What’s the course all about?
The BUSINESS ANALYST self-paced eLearning course provides an introduction to the world of analytics for accountants and managers in public practice seeking to develop their diagnostic and advisory skills.
Over 10 modules, we’ll take you on a journey from accountant to analyst and finally to advisor. We’ll outline the skills required at each stage of professional development and help you to develop and implement a SMART action plan focusing on your personal interests and capabilities.
How does it work?
The BUSINESS ANALYST eLearning course consists of 10 modules with clear learning objectives. Content includes presentations, workbooks, support materials and assessment tasks. Most importantly, learners develop their own professional development pathway using our SMART action planning template.
The course is available anywhere, anytime through our eLearning portal. Visit www.cpdforaccountants.com.au
Who’s it for?
This course is suitable for accountants, managers and partners who want to spend more time thinking beyond the numbers and engage their business clients in deeper and broader discussions about their financial future.
A. The role of business analyst
1. Business Analyst vs Accountant – What’s the difference
2. The journey from accountant to analyst and advisor
B. Curiosity about the numbers
3. Core principles of financial analysis for accountants
4. Key financial ratios for business intelligence
C. Thinking beyond the numbers
5. Understand patterns and trends with financial data
6. How to identify underlying causes of financial issues
D. Engaging the business client
7. How to assess and review business performance and potential
8. Strategies to engage business clients in future-oriented discussions
E. Managing the business client
9. Key principles of management reporting and board review
10. How to deal with business client issues and roadblocks
To download the course brochure, click ‘BROCHURE DOWNLOAD’ in the course navigation bar to the right.
Our self-paced eLearning courses follow a 4-step process in relation to learning objectives:
All modules are structured with specific learning objectives and assessment tasks. Learners are expected to demonstrate that they understand learning objectives and can apply concepts through completion of the assessment tasks. A SMART action planning template is used to consolidate specific actions and to ensure that a timeframe for completion is established and followed. Regular review of progress is ensured through commitment to completing the course.