Learn basic tips to get you thinking like a CFO and importance of having this perspective.
Overview
This course provides some basic tips to get you started thinking like a CFO and explains why it's important to have that perspective. It then details the various responsibilities of CFOs in organisations to help you understand their viewpoint. The course then presents a practical outline of how CFOs pursue three of their basic priorities: managing costs, supporting revenue growth, and managing cash flows in the organisation. Understanding how CFOs accomplish these priorities can help you achieve your departmental goals more effectively.
For an optimal experience please check the minimum computer system requirements.
This online course forms part of the SkillsNet short course suite.
Please note this course is only available to CPA Australia members.
Objectives
- Identify the value of adopting a CFO mind-set
- Recognise appropriate actions to help you think like a CFO
- Recognise what CFOs do in organisations
- Recognise how cost structure affects CFO decision making
- Use CVP to calculate sales required to achieve a desired profit
- Recognise ways of effectively managing cash in an organisation
Audience
Functional managers, professionals, departmental leaders, and all individuals in key roles who want to align their financial planning and management activities with CFO thinking