Understanding Financial Data Analytics

Understanding Financial Data Analytics

Key details

Mode of delivery: Classroom-based

Course code: AFB31F

Duration: 1 day

Fee: £925.00 + VAT

CPD Hours: 6

Course Overview

This session explores the evolving role of managerial accounting, highlighting differences in measuring products versus services. Participants will understand the functions of a strategic management accountant and learn how to incorporate beyond budgeting approaches for more flexible and strategic financial management. The focus is on adapting accounting practices to meet modern organizational needs.

Agenda

Changing Nature Of Managerial Accounting

  • The Measurement Of Products Vs That Of Services
  • The Role Of The Strategic Management Accountant
  • Understanding How To Incorporate Beyond Budgeting

Course Review

  • Summary And Recap Of Key Learning Objectives
  • Action Planning

Target Audience

This course is suitable for:

  • Management Accountants, Financial Analysts, and Finance Business Partners
  • Finance Managers, Financial Controllers, and Business Unit Leads
  • Strategic Planners, Business Analysts, and Corporate Performance Professionals
  • Data Analytics, Business Intelligence, and Financial Data Professionals
  • Risk, Investment Appraisal, and Capital Decision-Making Professionals
  • Operations Managers and Business Unit Leaders linking finance with performance
  • Budgeting, Forecasting, Beyond Budgeting, and KPI Management Professionals
  • Professionals preparing for senior management accounting or finance strategy roles

Learning Outcomes

By the end of this course, you will be able to implement a successful strategy that enables you to:

  • Distinguish between performance measurement techniques for products versus services.
  • Describe the role of a strategic management accountant in modern organizations.
  • Explore the concept of “Beyond Budgeting” and its relevance in agile financial management.

Categories

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