CBI-Module-1-overview-student-slides

1. Contemporary Business Issues
Module 1 - Overview
Future Accounting Skills

2. Which of the following is the most popular services desired by SMEs?
A. Advice on financial future and growth opportunities
B. Business analytics
C. Business strategy
D. Financial planning
E. Business process engineering
Quiz – What do SMEs really want?

3. Additional services SMEs really want

4. Overview of Module 1
Module 1
Adviser
Business
skills
Behaviour
Leadership

5. Module 1 Objectives – CBI
1.1
• Assess the evolving role of the accountant in a changing business & technology environment
1.2
• Analyse strategies to facilitate and promote ethical behaviour in an organisation
1.3
• Evaluate the roles of the accountant in leadership in an organisation
1.4
• Evaluate how accountants can add value by enabling strategic & sustainable business development
3a
3b
• Evaluate natural resource management & suggest strategies to optimise scarce resources
4
• Explain how to manage diverse stakeholder needs

6. What are two new financing models that are driving innovation in business,
and need to be understood by accountants?
A. Outsourcing and microfinance
B. Virtual enterprises and platforms
C. Crowdfunding and microfinance
D. Cloud finance and social entrepreneurship
Quiz – Drivers of change

7. How is technology impacting?
c
c
c
c
c

8. Drivers of change example
What types of decisions might rely on real-time advice? What nature of
accountant–client relationship would make best use of such a system?
What is key about the ability to provide real time advice?
You need the mechanisms to
collect the real time data

9. What are the skills that accountants require to be able to provide strategic
advice?
Business Skills (Part B)
Behavioural Skills (Part C)
Leadership Skills (Part D)
Quiz – The skills you require

10. Build your summary notes
Use the study guide question to help prepare your summary notes?
What are the drivers?
Innovative business
and finance models
A transforming
workforce
Natural Resource
Management Stakeholder
management