Virtual CFO – Toolkit and Advanced Course Package

Course Outline

Digitisation and financial analytics in a fast-paced world are transforming the traditional CFO role.  The owners of SMEs now have real time access to financial information in a way that was previously only available to larger firms.  They are looking for professional advice on how to use this information to plan for growth and value within their business. Accountants in public practice are ideally suited to provide this service through technology and a strong focus on communication.

A virtual CFO is a person or an accounting firm that takes on the role of CFO for a client on a contract basis. Thanks to cloud accounting systems, they can work largely remotely to monitor finances and advise on key business decisions. Their investment in the development of digital solutions and data analytics is affordable because it can be spread across many clients.

This package combines 2 courses which focus on the establishment and development of Virtual CFO Services

1. Virtual CFO Toolkit

The “Virtual CFO Toolkit” is a comprehensive eLearning course designed to empower accounting firms in enhancing their Virtual CFO services for their business clients. This course comprises eight modules, each delving into crucial aspects of virtual CFO service provision, from branding and client engagement to leveraging technology and managing financial workflows. Aimed at accounting professionals seeking to expand their service offerings and provide strategic financial guidance to their clients, this course offers practical insights, tools, and strategies to excel in the virtual CFO domain.

Click here to download the vCFO Toolkit course brochure
You can also purchase vCFO Toolkit as a stand-alone course – click here

2. Virtual CFO Advanced

This advanced eLearning course is designed to provide a comprehensive guide to financial reporting at a compliance and management level. The course will also provide vCFOs, partners and managers with clear guidelines in relation to client engagement and management strategies. Over 8 modules, we’ll discuss the key financial reporting techniques and strategies to engage with business clients at an operational and strategic level. We’ll also review some of the key challenges that vCFOs face in engaging business clients and developing strong ongoing relationships.

The Virtual CFO Advanced eLearning course has been developed in conjunction with the Virtual CFO Association who are subject matter experts.

Click here to download the vCFO Advanced course brochure
You can also purchase vCFO Advanced as a stand-alone course – click here

The course package fee is set at a 33% discount to standard fee for each individual course.

Course Content

Virtual CFO Toolkit

1.Services Branding, Development, and Delivery
2. Team Leverage, Roles, and Responsibilities
3. Getting Clients Across the Line with Engagement
4. Scope, Fee, and WIP Management
5. Workflow and Client Management
6. Financial and Management Reporting
7. Client Strategic Review and Board Meetings
8. Technology/AI and Workflow Solutions

Virtual CFO Advanced

1. The Virtual CFO role and responsibilities
2. Small Business Financial Management
3. Key Principles of Effective Budgeting
4. Key Principles of Financial Forecasting
5. Management Reporting and Compliance
6. Key Principles of Cashflow Management
7. vCFO Engagement Challenges and Solutions
8. vCFO Implementation Challenges and Solutions

Course Structure

• Learners can complete courses at a place that suits them, within and outside work hours
• Each learner will have a dedicated login to give them personal access to their course
• Module material includes online presentations, workbooks, PowerPoint Slides, templates, scripts and articles
• All modules also incorporate formal qualitative assessment tasks that encourage learners to develop practical actions demonstrating understanding of the concepts
• All assessment tasks are scored, with directed feedback to learners on their response
• As the learner progresses, they develop their personal SMART action list to drive change
• Managers are able to see at a glance how their staff are progressing
• All learners have access to course content for 12 months following their enrolment

Learning Process

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.