Negotiation Skills for Accountants

by Alan Nelson

Negotiation is crucial for every finance professional and takes place in the context of important long-term business relationships. Prepare yourself for effective negotiations so you can achieve your desired outcome, without undermining relationships you value.

price £75+vat
cpd hours 4 CPD hours
access 120 days' access

This course will enable you to

  • Understand the context for negotiations in finance
  • Pursue your objectives without undermining long term relationships
  • Develop the skills you need to become an effective negotiator
  • Move negotiations from disagreement to agreement
  • Understand your own negotiation style and how you can vary it to deal with different situations
  • Develop a plan for your negotiations that will prepare you to succeed
  • Deal with difficult situations

About the course

We negotiate all the time, but nowhere is it more important than in the finance department. Whether you are haggling over the departmental budgets, dealing with the bank or discussing a customer's payment terms, almost all our negotiations take place in the context of important long-term business relationships.

This course explains how to maximise your chances of getting what you need without undermining the relationships you value, and shows you how to prepare for effective negotiations, where both you and the other party end up feeling you have won.

Look inside

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Contents

  • What is negotiation?
    • Negotiation in finance
    • The aim of the game
    • Possible outcomes
    • The winner takes it all?
  • Negotiation skills
    • Good negotiators
    • Behaviours of successful negotiators
    • Key negotiation skills
    • Negotiating with Nelson
    • Developing the right skillset
    • Self-improvement
  • The Negotiation Process
    • The process of negotiating
    • The key to successful trades
    • Constants and variables
    • Constants and variables in your world
    • Trading concessions
    • The magic word
    • Using the word "if" to get what you want
    • Common negotiation tactics
    • The silent negotiator
    • Trust the process
  • Negotiation dynamics
    • Negotiation styles
    • Red, blue and purple
    • Blue world
    • Similar styles
    • Conflict in negotiation
    • Different styles
    • Style it out
    • Negotiation dynamics tips
  • Negotiation planning
    • The importance of planning
    • Approaches to planning negotiations
    • Tools for planning
    • Tools of the trade
    • Be prepared
    • A range of outcomes
    • In someone else's shoes
    • The planning checklist
  • Dealing with difficult situations
    • Handling tricky situations
    • Objections and difficulties
    • "I object!"
    • Common mistakes in negotiations
    • Owning your mistakes
    • Aggressive negotiators
    • The aggressive negotiator
    • Resolving conflict
    • Getting people to agree
    • PointCast
  • Reaching an agreement
    • Negotiation wrap-up
    • Coming to an agreement and following up

Author

Alan Nelson

After studying economics, Alan began his career in accountancy before moving into senior management positions in the book trade. He founded Nelson Croom, the publisher of accountingcpd.net which he has run ever since. He is currently Chair of ICAEW’s Practice Assurance Committee and a member of IFA’s Regulatory Committee.

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