Problem Solving for Accountants

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This course will help you to develop one of the key skills of the accountant of the future. Learn how to establish the root causes of problems and master a variety of problem-solving techniques to help you develop, propose and implement effective solutions for your organisation.

£100 +VAT

4 CPD hours

120 days’ access

Use ACPD101 for 10% off any purchase.

Problem Solving for Accountants

£100 +VAT

4 CPD hours 120 days’ access
Use ACPD101 for 10% off any purchase.

Problem Solving for Accountants

This course is not currently available. To find out more, please get in touch.

This course will enable you to

  • Identify and understand problems
  • Gather and analyse data to gain further insights into your problem and inform your proposed solutions
  • Unlock your creative thinking to create innovative and compelling solutions
  • Decide who to involve in the development of possible solutions
  • Assess and implement the best solutions for your organisation

About the course

As the reporting of historical performance is increasingly automated, accountants can add more value by identifying problems in organisations and proposing solutions. This involves a level of creativity that many find scary, but which we can all develop if we make the effort to do so.

This course will help you get better at identifying and solving problems in your organisation. You’ll discover how to establish the root causes of problems and how you can use a variety of problem-solving techniques to develop and implement suitable solutions. The course highlights the importance of data analysis and creative thinking as well as deciding who to involve in the process. It will help you to ensure that you propose solutions that achieve the best outcomes for those affected.

Contents

Understanding the problem

The accountant’s role
Developing your problem-solving skills
Defining the problem
Assessing the problem
Identifying the root cause of the problem
The importance of teamwork
Involving people in the problem

Using data analysis

Using the data
The role of data analysis
Gathering different types of data
Understanding big data
Analysing big data
Using analytics tools
They don’t know what they want!
Visualising data

Using creativity

The role of creativity
Creative characteristics
Encouraging creative thinking
Using creative tools
Brainstorming
Presenting solutions
Following the creative process

Deciding on a solution

Combining data analysis and creativity
Involving people in the solution
Selecting the right solution
Choosing and selling your solution
Communicating the solution
Implementing the solution
Embracing doubt

How it works

Author

Alan Nelson

Alan Nelson

Alan Nelson is the founder of accountingcpd and has a keen interest in economics and in management skills training in the accountancy profession. He has been Chair of ICAEW’s Practice Assurance Committee, and a member of ACCA’s SME Committee and of IFA’s Regulatory Committee. He is currently a member of the Bank of England’s Decision Making Panel.