Business Case Accounting Skills
Overview
The course will help you to understand the key input required from finance in order to assess the potential of a new project or venture.
Who Should Attend?
This course is intended for management accountants moving into the area of decision support for projects and who will be responsible for the financial elements of business cases.
It will also be useful for non-finance Project Leaders who need to understand what input they should expect from the finance members of their team.
Benefits To You & Your Organisation
Ensuring that the financial aspects of new projects or innovation and fully considered and understood is critical to the success of an organisation.
On the course your will learn more about:
- The importance of building robust business cases to support business decisions
- Raising financial awareness and improving understanding of key financial measures.
- Finance input at key project stages (from idea to post-launch evaluation)
In addition we will outline some of the key finance elements in a strong business case including:
- understanding market research results,
- drivers of cost and margin,
- price and promotion structure,
- profitability,
- risk assessment
- learning from post launch evaluation
- competitor review
- capital investment impact