Financial Analysis for Business Performance – Build Your Data Skills – FutureLe
Discover how sound financial analysis and the employment of cutting-edge technologies can transform business performance Are you struggling to translate your finance data into valuable insights The finance sector has seen dramatic digital transformation in recent years with the Financial Services Skills Taskforce identifying Big Data Cloud Computing and AI as driving seismic change across the sectors jobs skills landscape These changes have resulted in the finance accounting and insurance sectors experiencing a skills shortage with analytics reported as the most in-demand skillset In fact 38 of organisations surveyed are experiencing a skills deficit in this area Learn how to understand and interpret financial data This ExpertTrack will help you to move into entry-level finance roles across all sectors Youll learn how to manage analyse and communicate insights gained from financial data and make data-driven decisions that will optimise the business performance of your organisation Youll be able to input on profit and loss responsibility team and budget-management and financial forecasting Build your financial and data analysis skills The reliance on tools and technologies to improve productivity is an increasing trend across business finance functions This means financial professionals – as well as other business professionals – are expected to be proficient in using a range of accounting finance and data platforms including spreadsheets and databases like Excel and Google Sheets Use Xero for business finance functions Xero is the leading online accounting platform in both Australia and the UK with upwards of 18 million subscribers Its a must-have tool for anyone looking to gain and apply knowledge of new financial concepts which can then be reapplied across many areas Business intelligence tools can be employed to communicate insights that drive effective decision-making through data visualisation and storytelling techniques Content for this ExpertTrack has been adapted from the Financial Analysis and Decision Making Microcredential – if you want to find out more take a look at this Microcredential which offers smaller cohorts with tutor interactions and academic credit Financial analysis Budget planning Budget forecasting Insights Communication Data analysis Xero Tableau Excel Discover how sound financial analysis and the employment of cutting-edge technologies can transform business performance Explain the purpose of financial planning and budgeting and how they contribute to achieving business goals Produce reporting-systems to support business decision-making Analyse the various cost-types of a business Discuss the numerous approaches to enhance an organisations financial performance Articulate key data to support business decision-making
