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Overview
About Operational Financial Management
This module is essential for any professional who needs to effectively manage operational budgets for their team or department. You will gain practical knowledge of key concepts including advanced budgeting techniques, financial performance metrics, financial risk management and mitigation strategies as well as effective financial communication, empowering you to make informed decisions, identify risks and opportunities and communicate effectively in the operational space.
Through this module, you'll gain the skills to track performance, collaborate across departments, and contribute to your organisation's financial success all while increasing your confidence in managing operational budgets and achieving both short- and long-term strategic goals.
Featuring videos, examples and real-world application provided by industry experts to embed the learning and bring the content to life, youll gain the requisite tools and techniques that are key for operational managers and those without a financial background.
Key topics
- Advanced budgeting techniques
- Financial performance metrics
- Financial risk management
- Effective financial communication
This module consists of one online course with a PDF learning manual.
This module is part of the Operational Finance Essentials micro-credential course, designed to provide in-depth, flexible learning.
The Operational Finance Essentials course is made up of the following modules:
- Operational Financial Management (1.5 CPD hours)
- Strategic Financial Management (1.5 CPD hours)
- Financial Leadership and Communication (1.5 CPD hours)
- Operational Financial Leadership (1.5 CPD hours)
If you have enrolled in the full micro-credential course, you will have access to the assessment. If you have enrolled in an individual module and would like to complete the assessment and gain a badge, you can purchase the assessment separately.
The assessment will be subject to security measures such as identification verification and webcam monitoring. Please ensure you read the Assessment and security policy and system requirements prior to making your purchase.
About CPA Australia Micro-Credentials
CPA Australias Micro-Credentials are based on technical and non-technical competencies and align to our Accounting and Finance Capability Framework. Our partner, Credly, will provide you with a digital badge on successful completion of the assessment. Your digital badge allows you to demonstrate your capability and achievement, and can be placed on your LinkedIn profile, digital CV or email signature.
Flexible learning options:
- Micro-credential (6 CPD hours): Purchase the full micro-credential (which includes all four modules), complete the assessment and earn a digital badge.
- Individual modules: Choose to purchase modules individually, allowing you to focus on the specific areas and capabilities that interest you.
What you'll learn
- Apply financial management techniques, such as advanced budgeting and capital budgeting, to real-world operational contexts
- Translate financial performance data into actionable insights for strategic decision-making.
Who is this for ?
This module is suited to professionals from a non-financial background looking to understand and apply essential components of operational financial management.
