The Biggest Mistakes Accountants Make - and How to Avoid Them (ROI) PreRecorded Institute of Chartered Accountants of Ireland
Price: USD 103
  • 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

Chartered Accountants Ireland (The Institute) is a membership body representing 23,000 influential members throughout the globe. their role is to educate, represent and support their members. their members work in senior positions in practice and industry. they are committed to restoring confidence at every level of the economy. they work with governments and businesses to raise awareness of the importance of sound financial advice.
Chartered Accountants Ireland was established as the Institute of Chartered Accountants in Ireland by Royal Charter in 1888. Its activities and those of its members are governed by its Bye-Laws and by Rules relating to professional and ethical conduct. These provisions are contained in the Handbook which is available to all members.
Chartered Accountants Ireland is governed by a Council and it is responsible for determining policy and monitoring its implementation. Council is lead by the Officer Group and supported by the Management Team and staff. A number of committees with voluntary member involvement also play a key role.
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