Data analytics for accountants - Workshop 2019

For REPs, Member staff and Group (3+) registrations, complete & email the registration form to cpd.malaysia@cpaaustralia.com.au

Download brochure & registration form

Presenter:
Dr Grace Mui 

This workshop explores how both financial and non-financial data can contribute to financial performance. A data analytics approach is utilised to assess drivers of financial performance and predict future financial scenarios. This means that data is first utilised to assess the organisation’s current position before predictive analysis is applied to forecast future financial scenarios. The science of predicting future financial performance requires accountants to identify the organisation’s competitive advantage from financial statement data and assess non-financial performance measures that impact on an organisation’s financial success. 

Key topics covered:

• Ratio analysis of financial statement data
• Forecasting future financial performance using financial data
• Effective non-financial performance measures and financial performance
• Modelling causal relationships between non-financial performance measures and financial performance
• Suitable performance targets

• Interpret an organisation’s financial statement data
• Identify an organisation’s competitive advantage from the ratio analysis of financial statement data
• Be aware of how non-financial performance measures impact on financial performance
• Assess the effectiveness of non-financial performance measures
• Identify key non-financial performance measures that impact on financial performance
• Rank diverse non-financial performance measures
• Identify and explain causal relationships between non-financial performance measures and financial performance
• Identify suitable performance targets in the context of the organisation’s strategy

Accountants who want to learn about data analytics and its application to business