Description
About Financial Management and Analysis
This module is essential for professionals who need to effectively manage budgets for their teams or departments. You will gain practical knowledge of planning and forecasting concepts, such as quantitative and qualitative forecasting, cost control and variance analysis, empowering you to allocate resources efficiently and identify both risks and opportunities.
Through this module, you'll gain the skills to turn long-term organisational goals into short-term action plans through informed decision-making, cash flow management and risk identification. You’ll be able to provide clarity, manage risks and ensure resources are efficiently managed to support your company’s long-term growth.
Featuring videos, examples and real-world application provided by industry experts to embed the learning and bring the content to life, you will gain the requisite tools and techniques that are key for new managers and those without a financial background.
Key topics
- Planning and financial goal setting
- Quantitative and qualitative forecasting
- Cost control
- Cost benefit analysis
- Variance analysis
This module consists of one online course with a PDF learning manual.
This module is part of the Financial Management Essentials micro-credential course, designed to provide in-depth, flexible learning.
The Financial Management Essentials course is made up of the following modules:
- Introduction to Financial Management (1.5 CPD hours)
- Financial Management and Analysis (1.5 CPD hours)
- Financial Decision-making (1.5 CPD hours)
- Budget and Beyond – Financial Skills (1.5 CPD hours)
If you have enrolled in the full micro-credential course, you will have access to the assessment. If you have enrolled in an individual module and would like to complete the assessment and gain a badge, you can purchase the assessment separately.
The assessment will be subject to security measures such as identification verification and webcam monitoring. Please ensure you read the Assessment and security policy and system requirements prior to making your purchase.
About CPA Australia Micro-Credentials
CPA Australia’s Micro-Credentials are based on technical and non-technical competencies and align to our Accounting and Finance Capability Framework. Our partner, Credly, will provide you with a digital badge on successful completion of the assessment. Your digital badge allows you to demonstrate your capability and achievement, and can be placed on your LinkedIn profile, digital CV or email signature.
Flexible learning options:
- Micro-credential (6 CPD hours): Purchase the full micro-credential (which includes all four modules), complete the assessment and earn a digital badge.
- Individual modules: Choose to purchase modules individually, allowing you to focus on the specific areas and capabilities that interest you.
Learning objectives
- Apply financial management techniques to set and achieve financial goals
- Analyse cost management strategies and variance analysis
Audience
This module is suited to professionals from a non-financial background looking to understand and apply planning and financial goal setting, forecasting and cost control.