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CFO of the Future 3 - Cost & Profitability Analysis


BPP Professional Education

Summary

Price
£748 inc VAT
Study method
Classroom
Duration
1 day · Full-time
Qualification
No formal qualification
CPD
6 CPD hours / points
Additional info
  • Tutor is available to students

Location & dates

Location
Address
Venue may change up to 14-days before the course start date’
9-10 Portland Place
West London
London
W1B1PR
United Kingdom

Overview

Spread out over the year, these workshops will bring you up to speed with all the latest tools, techniques and best practices and enable you to drive positive growth and change inside your organisation. Based on many insights into how the best CFOs have improved their finance operations, the series provides the opportunity for you to take a career step-change in knowledge and performance.

Venue may change up to 14-days before the course start date. Enquire for dates.

CPD

6 CPD hours / points
Accredited by BPP Professional Education Limited

Description

The other workshops are: :

  • CFO of the Future 1 - Finance Leadership
  • CFO of the Future 2 - Strategic Management
  • CFO of the Future 4 - Flexible Planning & Rolling Forecasts
  • CFO of the Future 5 - Best Practice Measurement & Reporting

Book the series or choose individual workshops - it could be the defining moment in your career.

CFO of the Future 3 – Cost & Profitability Analysis will help you to see beyond budgets and accounting statements to find where the deep cost reduction and profit-making opportunities are. This involves learning new practices and techniques, including ‘lean practice’ and ‘process mapping’ as well as the power of ‘transparent information’.

Learning outcomes include obtaining a greater understanding of:

  • How to learn from ‘lean’ practices (including value stream costing, target costing and lean accounting).
  • How to use process maps and cost drivers to identify and eliminate non-value costs.
  • How to use lean practices in both manufacturing and service organisations.
  • How to identify strategic and profitable products and customers (and deal with those that aren’t).
  • How to reduce expenses (such as travel, marketing, IT, etc.) using various techniques and practices including benchmarking, shared services centres, internal markets, outsourcing and peer scrutiny.
  • Case examples are drawn from a wide range of organisations.

Who is this course for?

The CFO of the Future workshops are aimed at existing and aspiring CFOs (including finance directors/controllers/managers, strategic/business planners, mid-level finance staff and anyone responsible for improving the finance and planning operations) who want to improve their knowledge and performance. They are applicable to both the private and public sectors.

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.