KPIs for SMEs

Summary

IT advances allow even micro businesses to measure all kinds of activity. Can you be sure youare measuring the right things - that the key performance indicators you use measure valid and true priorities for the business? This programme uses the interaction between business decisions and financial statements to identify KPIs and validate them in terms of their contribution to the generic business objectives of profit, cash flow and asset utilisation.

Venue details:  
Chartered Accountants House, , Dublin
Start date & time:  
13 May 2020 14:00
End date & time:  
13 May 2020 18:00
Price:  
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
5.00
CPD hours:  
4.00
Speaker details
No speakers have been associated with this event.

Description

Product type:  
CPD course
Category:  
Investment business, Technology and data

Who should attend

Accountants, and other business professionals, involved in providing guidance to SMEs on how to effectively manage their business, by identifying and focusing on the key performance indicators for their specific business.

Course overview

  • Why finance is the "language" of business and financial statements
  • Exploring the differing KPIs for service, retail, manufacturing and "prospecting" businesses
  • "Vision" based versus operational metrics
  • The two essential characteristics of an effective financial model
  • The universal model for performance improvement and the fundamental accounting equations
  • Identifying the KPIs
  • Matters to consider when selecting a KPI
  • Implementing the KPIs
  • Applying a systematic process to identifying KPIs
  • The profit and cash algorithms and using them to devise five situation-specific KPIs for a business you are working with.

Key learning outcomes

By the end of this course, participants will be able to:

  • Understand the steps in designing and creating a Database
  • Implement Data Selection Queries with Select, Group, Like, Between etc.
  • Modify, Insert, Update and delete data with SQL
  • Implement Data import and data export
  • Have a view on using Power Bi to analyze data
  • Understand using Excel to analyze data