Financial Fluency

Course Summary

In this course, you will learn about the objectives and benefits of planning as well as contemporary approaches to facilitate collaboration. You’ll explore various budgeting strategies and approaches as well as learn about the concept of beyond budgeting. Forecasting, which provides critical input into budgeting and planning, is explored, covering best practice approaches and the benefits.

Key topics

Planning

• Learn about the objectives and benefits of planning and contemporary approaches to facilitate collaboration.

Budgets

• Explore the benefits, limitations and risks associated with budgets, and the different characteristics and types of budgets.

Budgeting process and beyond budgeting

• Learn how to carry out the four key steps in budgeting and explore the concept of ‘beyond budgeting’, as a means beyond traditional budgets.

Forecasting

• Explore the components of a forecast, benefits of forecasting, and how to apply time series forecasting techniques and perform regression analysis.

Assessment

CPA Australia will assess how you apply your acquired knowledge against the key learning objectives, allowing you to demonstrate the skills you’ve learned.

When you successfully complete the in-built formal assessment, you’ll receive a digital badge as an endorsement of your new skills. 

Learning objectives

• Apply planning and budgeting processes aligned to an organisation’s strategy and objectives 
• Apply forecasting techniques to make predictions for organisational decision-making

In this course, you will learn how to use four methodologies – correlation analysis, regression analysis, forecasting, and optimisation to analyse relationships between variables and datasets, plan, budget and solve business problems. Invest in your career by investing in this Data Interpretation course.

Course Summary

This course will provide finance professionals and leaders with a range of practical cash flow management tools for a broad range of industries and corporations. It will focus on advocating for the introduction of cash-focused thinking across the organisation and empowering the broader finance function to understand and advocate for a cash focused culture.

Featuring examples and real-world application provided by industry experts and financial leaders to embed the learning and bring the content to life, through this course you will gain the requisite tools and techniques that are increasingly important in modern finance roles.

This course features case studies from leading companies including Qantas, Downer, BHP and Apple. It is highly interactive with activities, videos and simulations to keep you actively engaged and will focus on a broad range of industries.

Key topics

Through three key topics, this course provides practical guidance on how to use different analytical methodologies to analyse relationships between variables and datasets, plan, budget and solve business problems, and how to address issues in interpreting data to achieve better outcomes in decision-making. 

• Correlation and regression analysis 
• Forecasting and optimisation models
• Issues in data interpretation

Assessment

CPA Australia will assess how you apply your acquired knowledge against the key learning objectives, allowing you to demonstrate the skills you’ve learned.

When you successfully complete the in-built formal assessment, you’ll receive a digital badge as an endorsement of your new skills.

Learning objectives

• Analyse data analytics results to inform organisational decision-making
• Advise on common issues in data analytics impacting data results

Course Summary

In this course, we will look at the procedures that should be carried out in risk identification and assessment to address the increased risk of material misstatement and its impacts on the specific areas of going concern, estimates and subsequent events. You will also learn how to respond to organisational fraud risk and the quality management requirements for audit engagements, specifically the engagement partner’s role in the audit and the increased need for professional scepticism.

Key topics

• Explore the increased risk of material misstatement present in today’s contemporary environment and the related requirements for risk identification and assessment.
• Explore the different types of organisation fraud, the risks they pose and strategies to respond to fraud risk under ISA 240.
• Learn about the impacts contemporary events can have on clients’ risk of material misstatement in the areas of going concern, estimates and subsequent events, and the implications of these on the financial reports.
• Consider the changes made to ISA 220 that set out quality management requirements for audit engagements.

Assessment

CPA Australia will assess how you apply your acquired knowledge against the key learning objectives, allowing you to demonstrate the skills you’ve learned.

When you successfully complete the in-built formal assessment, you’ll receive a digital badge as an endorsement of your new skills.

Learning objectives

• Analyse the impact of disruption to identify areas of audit risk.
  Evaluate the impact of disruption to improve the audit risk identification and assessment process.

Course Summary

In this course, you will learn about the contemporary audit environment, including remote audit tools and how to communicate more effectively in remote audits.

Key topics

• Discuss how to implement technology in remote audits.
• Consider the human side of remote auditing and examine issues such as remote and hybrid teamwork, virtual client interactions and mental health.
• Discuss common types of cyberattacks and how cybersecurity strategies can be implemented to address cybersecurity risks.
• Explore how to use data appropriately and consider the reliability of and over-reliance on data.

Assessment

CPA Australia will assess how you apply your acquired knowledge against the key learning objectives, allowing you to demonstrate the skills you’ve learned.

When you successfully complete the in-built formal assessment, you’ll receive a digital badge as an endorsement of your new skills.

Learning objectives

• Apply effective communication methods in remote audits.
• Utilise effective planning and technology tools in remote auditing.

Course Summary

This course presents an overview of emerging technologies and how auditors can leverage them to enhance efficiency and accuracy in the audit process. You will learn about the risks and challenges that arise from using these technologies and processes that can be put in place to address them. Strategies for implementing technologies on a small-scale are discussed and new types of assurance engagements that have arisen as a result of the increased use of technology are considered.

Key topics

• Learn about the concept of digital disruption and how technology can be applied to various audit processes.
• Explore in further detail how new technologies can be utilised to improve the efficiency and accuracy of audits.
• Explore how to carry out a small-scale implementation of technologies and the rise of new types of engagements as a result of the increased availability and use of technology.
• Evaluate the risks and challenges of using technology in audit.

Assessment

CPA Australia will assess how you apply your acquired knowledge against the key learning objectives, allowing you to demonstrate the skills you’ve learned.

When you successfully complete the in-built formal assessment, you’ll receive a digital badge as an endorsement of your new skills.

Learning objectives

• Apply new and emerging technologies in auditing
• Evaluate the impacts of new and emerging technologies on the audit process.

This course will look at how implementing a continuous improvement process to pricing can help an organisation make improvements to their pricing process. This 4 hour course is highly interactive with activities, videos and simulations to keep you actively engaged.

Course Summary

In this course, you will learn about different customer value types and how organisations can improve their value propositions to customers. You will also learn about how to carry out the seven key steps for pricing a product, including identifying an organisation’s target buyers, competitor research, customer profitability analysis and selecting an appropriate pricing strategy.

Key topics

• Customer Value
• Customers, competitors and costs
• Pricing techniques and strategies

Assessment

CPA Australia will assess how you apply your acquired knowledge against the key learning objectives, allowing you to demonstrate the skills you’ve learned.

When you successfully complete the in-built formal assessment, you’ll receive a digital badge as an endorsement of your new skills. 

Learning objectives

• Apply appropriate techniques to analyse an organisation’s environment, customers and costs to create customer value.
• Apply appropriate pricing techniques and strategies for organisational product pricing.

Key topics

Through four key topics, this course provides practical guidance on how to categorise and organise different types of data for analysis, the fundamental concepts in probability and how they can be used in organisational decision-making and various sampling strategies to form predictions and reach conclusions.

• Data classification
• Probability
• Sampling and confidence intervals
• Hypothesis testing

Assessment

CPA Australia will assess how you apply your acquired knowledge against the key learning objectives, allowing you to demonstrate the skills you’ve learned.

When you successfully complete the in-built formal assessment, you’ll receive a digital badge as an endorsement of your new skills. 

Learning objectives

• Apply data concepts in an organisational context
• Apply probability concepts and statistical techniques to inform organisational decision making.