The ability to work in a team is a key skill needed for accounting and finance professionals. Teams can range in size and complexity from a team of hundreds of people managed by an engagement partner responsible for the audit of a multi-national organisation, to a team comprised of two accountants working on a project for their manager.
Teamwork skills encompass many things which are essential in today’s business environment, and are one of the top characteristics that employers look for in potential new recruits. Issues relating to teamwork, such as ensuring the competence of the team and the importance of supervision, are closely linked to quality control; and for accounting and finance professionals, especially those providing assurance services, demonstrating compliance with relevant quality control regulations will always be of the utmost importance.
Working in Accounting and Finance Teams enables the learner to
Working in Accounting and Finance Teams enables you to:
• Understand how to establish a team
• Develop an understanding of effective teams
• Identify objectives for teams and individuals
• Address conflicts within a team
• Understand how to manage a team remotely
• Give appropriate feedback to a team
Learning outcomes of Working in Accounting and Finance Teams
Establishing the team
• How are team members selected?
• Why is competence a crucial issue in terms of quality control?
• How are goals or objectives for the team and the team members established?
• According to which criteria should tasks be allocated and delegated in the team?
• How can good working relationships within the team be established?
Directing and supervising the team
• Why are direction and supervision important?
• How can good leadership of the team be ensured?
• Why is good communication important?
• How can conflicts within the team be addressed?
• What challenges are faced when managing a team remotely?
Reviewing work and performance appraisals
• Why is the review stage so important when working in a team?
• What are the benefits of reviews and performance appraisals?
• How is a thorough review stage planned and executed?
• How should feedback be given to team members?
• What is the outcome of an appraisal?
Author of Working in Accounting and Finance Teams
Lisa Weaver is a professionally qualified lecturer with 15 years experience of exam-based, and CPD lecturing for accounting and finance professionals.
Lisa qualified ACA with Deloitte, and spent 4 years in audit practice, with clients ranging from major charities, multi-national organisations and listed companies to football clubs.
Since leaving audit practice, Lisa has lectured financial reporting, audit and governance subjects, developing and delivering CPD courses for qualified accountants working in industry and in practice. Her clients have included KPMG, PWC, National Grid, British Energy, Orange, ACCA, AAT, ICAEW and CIMA.
Lisa has delivered courses across Europe, the Caribbean, China and South East Asia and is regularly published in ACCA’s Accounting and Business journal.
Target audience for Working in Accounting and Finance Teams
This course is suitable for experienced accounting professionals looking to improve and refresh their skills in negotiation.
Learners take their own route through the topics covered in the course. They will learn at their own pace through a variety of activities designed to accommodate a range of learning styles.
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