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Accounting for Non-Accountants

au nonmember P000000018_Webinar_Recording price schedule

au member P000000018_Webinar_Recording price schedule

Improve your accounting skills and learn about cash flow, budgeting and variance reporting in this webinar. 

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The availability of accurate and complete data is critical for Internal Audit; but it�s how internal auditors use this data that significantly impacts the effectiveness and quality of the audit. To discover how to leverage data for effective internal audit and high-quality reporting; attend this one-hour webinar; where Yusuf and Conor from Risk Insights will share their insights on using data for more effective; higher quality internal audits. ##Internal Audit; using data for audits; Data governance within audit; Auditors and data analytics

From experts, you&rsquo;ll learn the intricacies of using data for internal audits; how data can be used to address findings (actions) and preparing deliverables; different approaches to using data and the importance of data governance within audit.&nbsp; 
 
In this webinar, Conor and Yusuf will share their insights on:
<ul>
 <li>How auditors can capitalise on data&nbsp;</li>
 <li>Using data to improve audit findings</li>
 <li>Understanding your audience&rsquo;s needs when visualising data</li>
 <li>Agility using discovery exercises</li>
 <li>Four approaches to using data</li>
 <li>Using feedback and complaints data</li>
 <li>Data governance within audit</li>
</ul>
Learning outcomes
<ul>
 <li>Upon satisfactory completion of this webinar, participants will be able to:</li>
 <li>Explain why understanding your audience&rsquo;s needs is a critical aspect of quality</li>
 <li>Outline various approaches for using data for internal audits</li>
 <li>Understand how to use feedback and complaints data for more effective internal audits&nbsp;</li>
 <li>Explain why audit teams need a specific approach to governing their use of data</li>
</ul>
Benefits 
Benefit from the practical insights and understand the intricacies of using data while performing internal audits and how internal auditors can use data for effective internal audit.

Using data for more effective; higher quality internal audits

Using data for more effective; higher quality internal audits - AU RW

au nonmember P000000763_Course_Digital price schedule

au member P000000763_Course_Digital price schedule

Leverage data for effective, high quality internal audit and reporting. Attend this webinar to learn from Yusuf and Conor from Risk Insights.

 This series of recorded webinars is intended to give analysts; managers and senior managers (would-be and otherwise) an overview of the key concepts; tools and skills to undertake timely and efficient strategic forecasting in the 21st century.##"""strategic forecasting budgeting budgeting success"

Content Description 
 
Insight + Hindsight = Foresight 
 
How often have you looked back with the benefit of hindsight and wished you knew then what you know now? How do you compare what actually happened with what you thought would happen? Have you a strategic appreciation of your company&rsquo;s future and which milestones will show you&rsquo;re on track? 
 
 
Part 1: Theoretical Considerations 
 
This recorded webinar considers what should be considered before wading into the numbers. Too often, managers cannot see the wood for the trees and this session looks at ways this may be avoided and the tools / metrics / techniques that can help.
<ul>
 <li>Two strategic approaches &ndash; not as simple as &ldquo;top down&rdquo; and &ldquo;bottom up&rdquo;</li>
 <li>Key preparation for the effective senior manager</li>
 <li>BCG matrix and the Product Life Cycle: greater than the sum of their parts</li>
 <li>Framing the decision: what&rsquo;s the key question?</li>
 <li>Using a strategy table</li>
 <li>KPI identification</li>
 <li>Difference between KPIs and CSFs</li>
 <li>Using a strategy table</li>
 <li>Mind mapping your model</li>
 <li>Model bias</li>
 <li>STOP: what it means and why it is important</li>
 <li>Reporting considerations</li>
 <li>Consultant or no consultant? 
 </li>
</ul>
Part 2: Where Am I Now? 
 
&ldquo;Those who cannot remember the past are condemned to repeat it&rdquo; &ndash; George Santayana 
 
Before any budgeting and forecasting takes place, do you know where your business is now and what the key drivers are? If you don&rsquo;t know where you are and how you got there, how can you know the route forwards? And if you are a new business, what&rsquo;s your baseline? This session looks at how to address these questions and get more comfort on confirming where your business is, its position
<ul>
 <li>SWOT vs PESTLE</li>
 <li>Are your KPIs SMART?</li>
 <li>Variance analysis</li>
 <li>Operational vs planning issues</li>
 <li>Breakeven analysis</li>
 <li>Key driver analysis</li>
 <li>Importance of ABC</li>
 <li>Smoothing capex. 
 </li>
</ul>
Part 3: Where Am I Going? 
 
With an understanding of your present situation, how do you budget and forecast for the future? This session looks at the common tools available, why simpler is often better and the common mistakes made. It even considers using a key technique applied out of context&hellip;
<ul>
 <li>Difference between budgeting, forecasting and strategic forecasting</li>
 <li>Recap: BCG matrix and the Product Lifecycle revisited</li>
 <li>Types of forecasting
 <ul>
 <li>Regression analysis</li>
 <li>Moving average</li>
 <li>Weighted average</li>
 </ul>
 </li>
 <li>Forecasting tips
 <ul>
 <li>The four types of input data</li>
 <li>Granularity considerations</li>
 <li>Moving averages</li>
 <li>Weighted moving averages</li>
 <li>Regression analysis</li>
 <li>Hockey sticks and swordfishes</li>
 <li>Seasonality and cyclicality</li>
 <li>Exponential triple smoothing</li>
 </ul>
 </li>
 <li>Ratio analysis.</li>
</ul>
Part 4: What-If? Analysis 
 
No matter how hard you try to get your forecasting right, no matter how much you learn from the past and competitors, one thing we know with certainty is we&rsquo;ll get our budgets and forecasts wrong if we try and use single-point estimates. We need to consider ranges of success through scenario and sensitivity analyses. This session considers what they are and how they may be used.
<ul>
 <li>Risk vs uncertainty</li>
 <li>Scenario analysis
 <ul>
 <li>Scenario manager</li>
 <li>Scenario tables</li>
 </ul>
 </li>
 <li>Sensitivity analysis
 <ul>
 <li>Goal seek</li>
 <li>Model bias</li>
 <li>Data Tables</li>
 <li>Tornado chart</li>
 <li>Waterfall / bridge chart</li>
 </ul>
 </li>
 <li>Introduction to simulations analysis. 
 </li>
</ul>
Part 5: So How Did / Will We Do? 
 
Ranking evaluations and projects in a timely and efficient manner is what will set your business apart from your competitors. Those that learn from their mistakes quickest, prioritise appropriately and value effectively what they have, will be best placed for today&rsquo;s market place. This session looks at concepts, tools and techniques that will help with ranking, evaluation and valuation.
<ul>
 <li>Ranking / evaluating projects
 <ul>
 <li>NPV analysis</li>
 <li>Key factor analysis</li>
 <li>Why IRR is the first three letters of the word &ldquo;irrelevant&rdquo;</li>
 <li>Break-up basis and FVINA</li>
 <li>Future Maintainable Earnings</li>
 <li>Terminal value considerations</li>
 <li>Bullet charts.</li>
 </ul>
 </li>
</ul>
Part 6: Reporting Considerations 
 
One of the areas business lets itself down is in using effective communication to explain the rationale of the business, its budget / forecast and strategy to all key stakeholders. This session considers best practice ideas for presenting the story. 
 
The four key requirements of a successful business
<ul>
 <li>Know your audience</li>
 <li>Importance of narrative: situation, complication, resolution model</li>
 <li>Considering timescales
 <ul>
 <li>Periodicity</li>
 <li>Duration</li>
 <li>Historical vs. actual vs. forecast</li>
 </ul>
 </li>
 <li>Effective dashboarding</li>
 <li>Tables vs charts</li>
 <li>Which chart, when, where and why.</li>
</ul>
Learning Outcomes
Upon satisfactory completion of this recorded webinar you will be able to:
<ul>
 <li>Practically explain data forecasting and budgeting.</li>
 <li>Quantify the risks and rewards of estimating future assumptions.</li>
 <li>Explore different forecasting and trending methods.</li>
 <li>Develop several ways to analyse and present key outputs.</li>
</ul>
Benefits 
 
Aimed at all finance professionals / decision-makers involved in the budgeting and forecasting process, this course shows you how to reduce the risks in your decision-making and recommendations by using budgets, qualitative and quantitative analysis, by utilising our kit bag of tips, tools and techniques.

Critical Skills for Strategic Forecasting & Budget Success

Critical Skills for Strategic Forecasting & Budgeting Success - AU RW

au nonmember P000000530_Course_Digital price schedule

au member P000000530_Course_Digital price schedule

Learn the key concepts, tools, and skills for strategic forecasting in the 21st century with this series of recorded webinars for analysts, managers, and senior managers.

The purpose of the ASAE 3500 webinar series is to provide members with on demand content that explains the requirements of the standard and how to perform and review engagements in compliance with the standard requirements.##

This webinar series on ASAE 3500 explains the requirements of the standard and how to perform and review engagements in compliance with the standard requirements.
The series will enhance your understanding of how ASAE 3500 fits within the assurance framework, how it interacts with other assurance standards, its requirements and the key principles contained within. The webinar series is presented by Susan Fraser, who is an experienced member with extensive experience in the professional services and industry.
 

Learning Outcomes
Upon satisfactory completion of this activity you will be able to:
&nbsp;
<ul>
 <li style="color: #58595b; background-color: #ffffff; margin: 0px; padding: 0px; border: 0px; line-height: 30px;">Understand how ASAE 3500 fits within the suite of assurance engagements standards.</li>
 <li style="color: #58595b; background-color: #ffffff; margin: 0px; padding: 0px; border: 0px; line-height: 30px;">Understand the key principles of a performance assurance engagement.&nbsp;</li>
 <li style="color: #58595b; background-color: #ffffff; margin: 0px; padding: 0px; border: 0px; line-height: 30px;">Understand how to plan, perform, conclude and report on a performance assurance engagement.</li>
</ul>
Practitioners will become familiar with performance assurance engagements and how to undertake such engagements.
<div>&nbsp;</div>
<div>&nbsp;</div>

ASAE 3500 Performance Engagements

ASAE 3500 Performance Engagements - AU RW

au nonmember P000000043_Course_Digital price schedule

au member P000000043_Course_Digital price schedule

Perform and review engagements with ASAE 3500. On demand webinars explaining the standard requirements.

Corporate Finance

Accounting for Non-Accountants

Using data for more effective; higher quality internal audits - AU RW

Critical Skills for Strategic Forecasting & Budgeting Success - AU RW

ASAE 3500 Performance Engagements - AU RW