How micro-credentials in Financial Planning & Analysis can improve your workforce

New Zealand employers can use Study From Work as a resource to upskill and train their workforce.

We provide NZQA-accredited micro-credentials, which are qualifications in specific subject areas designed to improve an employee’s skills and knowledge in a certain field, all via convenient online supported learning.

One of these options is a micro-credential in Financial Planning & Analysis.

What employees will learn with our Financial Planning & Analysis micro-credential?

Generally speaking, learners will study the skills and techniques required to analyse and interpret financial information. This includes understanding the connection between accurate financial planning and business success.

Subject areas include:

  • The importance and value of financial reporting
  • Balance sheets
  • Profit and loss
  • Cash flow statements
  • Costs, volume, and profit reports
  • Decision-making processes
  • Management accounting
  • Budget setting

Financial reporting and statements can be intimidating for many people. This course will break down those fears by firstly building a base of financial literacy and then working with a variety of real financial case-studies to build confidence and understanding.

How these skills can benefit your business

Financial planning & analysis is a universally beneficial subject, which can benefit businesses as well as employees in their own personal lives. This course will be particularly beneficial for those staff members that have not had any formal financial training or lack confidence with financial statements.

Especially as 69% of SMEs expect to see the economy decline, crunching the numbers and working with tight budgets is extremely important as New Zealand officially remains in recession.

Effective management of financial resources is a key part of management for all types of businesses. Having leaders and managers that have a solid understanding of financial reporting and data will enable them to make better decisions for the success of your business.

This is not an accounting course about how to prepare financial documents, it focuses on how to understand and use this data for future success.

Roles that can benefit the most from Financial Planning & Analysis training

A variety of roles can benefit from additional skills and knowledge in financial planning & analysis.

These include:

  • Business development
  • Project managers
  • Team leaders
  • Many roles in the non-profit sector
  • Small business owners
  • Franchisees
  • Sole traders
  • Managers

Enrol your team with Study From Work

The benefits of investing in your team and upskilling employees are numerous. Explore the online learning options available with Study From Work and contact us to learn more about how micro-credentials could be the perfect next step for your business.

Study From Work – ceri@itc.co.nz 021 623753

Leave a Reply

Discover more from Study From Work

Subscribe now to keep reading and get access to the full archive.

Continue reading