Complete CFO Guide on Analytics,Corporate Performance Management,Budgeting,Reporting

Course Description

Management accounting practices have become increasingly progressive since the 1980s. Many organizations are far from where they want and need to be with improving performance, and they apply intuition, rather than hard data, when making decisions. Collecting, validating, and reporting data is not the same thing as analyzing information where we can glean valuable, actionable insights. In this full-day Online CPE Webinar Internationally recognized expert, speaker, and author Mr. Gary Cokins will take you from applying corporate performance management to applying business intelligence and analytics to financial information. 

Corporate performance management (CPM) is now viewed as the seamless integration of managerial methods such as strategy execution with a strategy map. Once implemented it links the strategies of an organization to their plans and execution, therefore helping organizations succeed. In this webinar, we will explore different types of performance management tools and how they work, and how can they provide the best results for decision making when embedded with business analytics.

Critics have claimed that traditional managerial accounting is at best useless and at worst dysfunctional and misleading. Most line managers do not trust their management accounting data. Enter 21st Century management accounting developed cost/unit metrics. The webinar will explore how to gain its value for budgeting, cost analysis, and control. 

This online CPE webinar will also explore driver-based budgeting for scenario planning and analysis of a growing organization. It will also delve deep into how driver-based budgeting can help roll financial forecasts, cash flow projections, and more.

To lead to better decisions, data needs to be analyzed and converted into intelligence. Though understanding this is very easy, we all know that despite drowning in data, a business starves for actionable information. The webinar also explores how you can generate the data and make it available in such a way that it smoothens the production of its conversion into business analytics and business intelligence for all the departments.

Any professional who knows the application of these skills will remain in demand because of its universal requirement and better results. This Online CPE webinar will bring you up to speed on the concepts, nomenclature, applications, and tools associated with data analytics and business intelligence. 

This online CPE webinar on Finance will cover the following key topics: 

• Companion balanced scorecard (KPIs)
• Enterprise risk management (ERM)
• Driver-based budgets and rolling financial forecasts
• Product, service-line, channel, and customer profitability analysis (using activity-based costing [ABC] principles)
• Customer lifetime value (CLV)
• Lean and Six Sigma quality management for operational improvement
• How activity-based costing can be useful?
• Identifying key budgeting process issues
• Risk assessment grid
• Linking strategy and risk to the budget
• Continuous refreshing the Rolling financial forecast
• How to deal with Resource Capacity Planning
• Integrating Enterprise Risk Management with CPM
• Risk managers: Friend or foe of executives
• The intelligence hierarchy
• How you can leverage big data and continuum of analytics for better decision making?

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Learning Objectives

• To differentiate between forecasting and predictive analytics
• To study examples for the CFO and accounting function
• To provide an overview of all of the corporate performance management (CPM) methods.
• To evaluate how to define appropriate key performance indicators (KPIs).
• To know how to develop a driver-based “operational budget” based on resource capacity planning

Recommended For

This Finance CPE course for CPAs is also recommended for CMAs, CVAs, CFAs, ABVs, CFOs, and Entrepreneurs, seeking to learn about various managerial methods for analytics, corporate performance, management, budgeting, and reporting.

Who Should Attend?

Webinar Qualifies For

• 7.5 CPD Credit of Finance for Accredited in Business Valuation (ABV)
• 7.5 CPE Credit of Performance Management for Certified Management Accountants (CMA)
• 7.5 CPE Credit of Finance for Certified Public Accountants (CPA-US)
• 7.5 CPE Credit of Finance for Certified Valuation Analyst (CVA)
• 7.5 PL Credit for Chartered Financial Analyst (CFA)
• 7.5 CPD Credit of Finance for Chartered Professional Accountant (CPA Canada)
• 7.5 CPE Credit of Finance for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
• 7.5 CRE Credit for Certified Corporate FP&A Professional (FPAC)
• 7.5 CPE Credit for Certified Government Financial Manager (CGFM)
• 7.5 CPE Credit for Chartered Financial Consultant (ChFC)
• 7.5 CPE Credit for Financial Services Certified Professional (FSCP)
• 7.5 CPE Credit for Chartered Advisor in Senior Living (CASL)
• 7.5 CPE Credit for Chartered Special Needs Consultant (ChSNC)
• 7.5 CPE Credit for Retirement Income Certified Professional (RICP)
• 7.5 CPE Credit for Wealth Management Certified Professional (WMCP)
• 7.5 PL Credit for Certificate In Investment Performance Measurement (CIPM)
• 7.5 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
• 7.5 CE Credit for Certified Wealth Strategist (CWS)
• 7.5 General Credit for Accountant/Bookeeper
• 7.5 CPD Credit for CA - ICAEW
• 7.5 CPD Credit for Chartered Certified Accountants (ACCA)
• 7.5 CPD Credit for Chartered Accountants - Ireland (CAI)
• 7.5 CPD Credit for Chartered Accountants - Scotland
• 7.5 CPD Credit for CPA - Ireland
• 7.5 CPD Credit of Personal Financial Planning for Personal Financial Specialist (PFS)

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