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Posted: 26 July 2024
Certified Predictive Accounting Program

Certified Predictive Accounting Program

Advisory Services News - Issue 32

Good day!

Welcome to this update on ESS BIZTOOLS ADVISORY SERVICES NEWS.

Certified Predictive Accounting Program

PREDICTIVE ACCOUNTING has become the latest buzzword of the Accounting industry, yet not enough people know what it is and how it can be used.

The detailed reports that flow from Predictive Accounting offer unique opportunities for accountants, like yourself, to use your skills, knowledge and software to help your SME clients prosper.

By properly analysing predictive accounting reports, you can interpret your client’s vision for raw material acquisition or product acquisition, labour needs, production, completed stock, marketing, sales, debtors, creditors, terms and payments.

Adding further value, these reports will help you prepare individual business unit budgets, cash flow forecasts and projected balance sheets.

Armed with all this data, you can then become the client’s FINANCIAL STORYTELLER. You can take their corporate vision and break it down into a series of financial reports which identifies a path for the business and its leadership team to follow to achieve that vision.

From your SME client’s perspective, this is the most important role that you, as their accountant, can play in the way you work with their business.

We recent produced a webinar which explored the program that will assist you to achieve this task – PlanGuru, a ‘Predictive Accounting Program’, which is one of the key components of the ESS BIZTOOLS Financial Forecasting Package. This webinar will show you how you could utilise this program to provide this type of services and become your SME clients’ FINANCIAL STORYTELLER.

The Certified Predictive Accounting Program is conducted by Paul Barnby, Australia New Zealand and Asia Pacific Representative for PlanGuru who provides  training using the PlanGuru software package.

Paul provided an overview of the Certified Predictive Accounting Program together with Peter Towers. To view this webinar, please click here.

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