Accounting & Finance Analytics for Managerial Decisions & Cost Effectiveness

Accounting Analytics explores how financial statement data and non-financial metrics can be linked to financial performance.  How data is used to assess what drives financial performance and to forecast future financial scenarios.

Financial analytics is a field that gives different views of a company’s financial data. It helps to gain in-depth knowledge and take action against it to improve the performance of the business.

How financial data and non-financial data interact to forecast events, optimize operations, and determine strategy. This course has been designed to make better decisions by using accounting & finance analytics. In other words, to equip participants with skills to analyse accounting & finance data to address accounting-related problems

Objectives:

The Program aims to achieve the following main learning outcomes:

• To use a more strategic perspective towards participant’s role in the organization.
• To measure the performance of function & firm more effectively
• To make better decisions by using accounting & finance analytics
• To understand participant’s contribution to firm’s growth and value

Content:

• Accounting & Finance Analytics-Overview
• Financial Statements Analysis
• Cost Analytics
• Forecasting Financial Statements
• Earnings Management
• Big Data and Prediction Models
• Linking Non-financial Metrics to Financial Performance
• Third Generation Balanced Scorecard