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Courses/Accounting & Tax/Financial Reporting & Statements

Practical Tips to Improve Your Internal Financial Reporting

This course will help you improve your internal financial reporting and make it more useful to readers.

Created byStephen Priddle
4.5
(443 reviews)
AdvancedUpdated Apr 28, 2022
Practical Tips to Improve Your Internal Financial Reporting

What You'll Learn

check_circleImprove internal financial reporting by aligning monthly reports with the organization's big-picture goals.
check_circleIdentify the key information that boards and senior management truly need for better decision-making.
check_circleDevelop insightful and relevant Key Performance Indicators (KPIs) to enhance organizational performance tracking.
check_circleCreate more useful comparative reports that offer clear insights into financial trends and results.
check_circleDiscover innovative ways to present financial data and roll up results for more effective communication.
check_circleImplement advanced reporting schedules and methods that provide more value to financial statement users.

About This Course

We can all improve our internal financial reporting by finding better and more innovative ways to report monthly to our financial statement users: senior management and the board and owners who are involved. Internal financial reporting should result in better business decision-making driven from useful information. By working through a case to improve a company’s internal financial reporting, you will get more than 80 different ideas to improve your internal financial reporting that are not found in textbooks, but have wide applicability. We will also go beyond strict financial statement reporting and working on creating KPIs, which will help you create KPIs for your organization.

COVERING

  • Tying your monthly reporting to the big picture 
  • Include information that a Board would really want 
  • Practice developing insightful KPIs 
  • Create more useful comparatives 
  • Come up with new ways of rolling up results
  • Innovate ways to inform users 
  • Reporting schedules that others don’t produce 

 

PAST FEEDBACK 

-Practical case that helped me understand better.

-I liked the format of the course and the fact that it's more practical than theoretical.

-It's a great course, different from the usual and it's more related to the work in my point of view

-I found this very interesting and was a good refresher with some additional insight

-Great practical tips. Appreciated tips for board presentation.

Your Instructor

Stephen Priddle
Stephen Priddle
menu_book31 courses
star6,576 reviews

Stephen Priddle, CPA, CA, CMA is the President and Founder of Practical PD, Courses for Accountants. Stephen is also the Vice-President, Finance & CFO of Fidus Analytics Inc.  In addition, he is a Board member, co-owner and Corporate Secretary of the SureWx group of companies, a global aviation business, which he was the CFO for 12 years previously. An engaging and experienced instructor, Stephen Priddle weaves practical tips together with stories from his business experience and input from participants. Seasoning the mix with a dose of accounting humour, he serves up useful and dynamic courses which have been attended by over 36,000. When speaking, he is candid about errors he has made in his career and the lessons that can be learned from them. Someone said: “humans are hard-wired to learn from stories” – Stephen is in part a business/accounting storyteller, who draws out the lessons from the stories. Stephen’s teaching experience includes presenting courses for over 70 accounting bodies and organizations in Canada and abroad. He has been a Session Leader in the CPA Professional Education Program, and has taught at the University of Toronto and Carleton University. He has moderated in the legacy CA, CMA and CGA program. Stephen is a prolific author. His published business, accounting and finance cases are used by many organizations. Stephen has nearly 40 years of varied business experience. After working with KPMG for five years, he moved into industry, where he has worked for public and private companies. He has gained a wide range of experience in financial reporting, treasury management, merger & acquisition and other business matters. Through his courses, he interacts with hundreds of financial leaders a year and thus stays on the leading edge in terms of best practices and hot topics. Stephen obtained his CPA, CA and CMA designations following graduation from Carleton University with an Honours Bachelor of Commerce degree, accounting major.

Credit Information

Do these courses count toward my professional development requirements?

This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.

If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.

What Students Are Saying

4.5
Student's Choice
443 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.