- Duration: 3 Hours
Course details
Training Ticket registrations will be charged 3 points
Who will benefit
Anyone in a finance role at all levels, including CFOs, controllers, management and financial accountants.
What you can gain
- Identify the most common 'thieves of effectiveness' facing accountants.
- Challenge the thinking behind any you find in your organisation.
- Make your team more effective by freeing time to focus on the more value adding functions of finance.
Outline
Management information - seven mistakes, including:
- Reporting on the wrong measures
- P&L obsession, B/S ignorance.
Budgets and forecasts - seven actions to avoid, including:
- The separation of responsibility, authority and control
- Smearing rather than phasing.
Systems and processes - six mistakes to prevent, including:
- Over-reliance on spreadsheets
- Having more than one version of the 'truth'.
Big omissions - five to avoid, including:
- Poor commercial thinking
- Failure to monitor marketing expenditure effectiveness
Updated on 08 November, 2015
About Institute of Chartered Accountants of Ireland
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