The Biggest Mistakes Accountants Make - & How to Avoid Them

Delegates

This course will benefit anyone in a finance role at all levels, including CFOs, controllers, management and financial accountants.

At CEO level, the leadership and strategy issues are more pertinent, while financial controllers will find the areas of management information, budgets and processes more relevant. However, from the point of view of career development, all the elements are worth considering as early as possible in a career.

The emphasis of the course will be adjusted according to delegates' needs.

Content overview

• Leadership - five critical mistakes including
  • failing to spend time leading the team - too much 'stuff to do'
  • making performance management more 'stick' than 'carrot'.
• Strategy - six errors, including:
  • treating strategy as an annual event rather than an ongoing process
  • failing to monitor and report strategy.
• Management information - seven mistakes, including:
  • reporting on the wrong measures
  • P&L; obsession, B/S ignorance.
• Budgets and forecasts - seven actions to avoid, including:
  • the separation of responsibility, authority and control
  • smearing rather than phasing.
• Systems and processes - six mistakes to prevent, including:
  • reliance on spreadsheets
  • having more than one version of the 'truth'.
• Big omissions - five to avoid, including:
  • poor commercial thinking
  • failure to monitor marketing expenditure effectiveness.

Learning outcomes:

Work more smartly by avoiding common errors in the areas of leadership, strategy, management information, budgets and forecasts, systems and processes, and commercial thinking. This will help you:

• identify the most common 'thieves of effectiveness' facing accountants
• challenge the thinking behind any you find in your organisation
• make your team more effective by freeing time to focus on the more value adding functions of finance.

"A CPD certificate of completion will be provided by BPP Professional Education Limited upon request, following attendance."

Course Dates

Location	Dates	Time	Availability
London	09 Sep 2020	9:30 AM - 5:00 PM	Spaces	Book Now
London	25 Nov 2020	9:30 AM - 5:00 PM	Spaces	Book Now