Beyond Coronavirus: An Accountant's Guide to the Recovery
This course will enable you to:
- Navigate your way through these challenging times
- Plan and build a resilient and sustainable future for your organisation
- Understand the financial reporting implications of the pandemic
- Decide on the role of technology in the future of your organisation
- Lead your finance function effectively, by understanding the changes wrought by the pandemic
The coronavirus pandemic has forced us all to adapt to new work patterns and change our expectations. Economies around the world are still in various stages of lock down, and there is still much uncertainty, but now is the time to plan the future.
In this course, each topic has been carefully chosen to create a one-stop shop for recovery. The course starts with an analysis of the financial reporting implications of the pandemic, designed to ensure that you can create financial statements that provide a true and fair view of the chaos we have all experienced. It then provides an analysis of the decision making and structural changes you should consider when creating the resilient organisation of the future.
Finally, the course explores the role of technology in future planning as well as your leadership position in the post pandemic finance function. This course provides you with all the tools you will need to succeed.
Accounting for coronavirus
- Financial reporting implications of COVID-19
- The financial effects of COVID-19
- Impact of COVID-19 on your business
- Non-financial assets
- Revenue and other income
- Provisions, contingent assets and contingent liabilities
- Employee benefits
- Other issues
Business resilience and decision making
- Difficult decisions
- Rational models of decision making
- Risk evaluation
- Bad decisions
- Biased thinking
- Bias in accountants
- Preventing near misses
- A big investment
- Prospect theory
- Overcoming framing bias
- Diversifying decisions
- Why build resilience?
- What is resilience?
- The process of transformation
- Redesigning the organisation
- An agile innovation
- Refining the value chain
- Crisis management
- Asset management
- Paying suppliers
- Communication in a crisis
- Accountability and transparency
The role of technology
- Making technology work for you
- Getting people set up
- Cyber security
- Effective online meetings
- The expanding role of technology
- Pivoting to new products and services
- Moving online
- Internal services and systems
Leading the post-pandemic finance function
- Leading in
- The post-pandemic finance function
- Change in your organisation
- Business publishing at Thomson Learning
- Leadership in finance
- The meaning of leadership
- Leadership in your organisation
- Strategy and alignment in the new world
- Opportunities for the finance function
ACCA partner with accountingcpd.net to provide high quality CPD for members. As an ACCA member, you are required to complete at least 40 relevant units of CPD each year, where one unit is equal to one hour. 21 units must be verifiable; the other 19 can be non-verifiable.
Your accountingcpd.net course counts as verifiable CPD, if you can answer "yes" to these questions:
- Was the learning activity relevant to your career?
- Can you explain how you will apply the learning in the workplace?
You select courses that meet these criteria, and as you complete each course you get a CPD certificate so you can provide ACCA with the evidence that you undertook the learning activity.