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1 - E1 - Managing Finance in a Digital World

This class was created by Brainscape user Monique Lawrence. Visit their profile to learn more about the creator.

Decks in this class (35)

1.1 Roles of Finance Function
The ff enables shapes and narrate...,
Change is the new norm in many or...,
Change has been a constant but wh...
20  cards
1.2 The role of ethics in the role of FF
The roles the ff performs should ...,
Ethics is the system of,
Bus ethics is the
20  cards
1.3 Corporate Social Responsibility
A stakeholder is,
Three categories of stakeholders,
Internal stakeholders are and inc...
13  cards
1.4 Corporate governance
Corporate governance has become a...,
The need for corporate governance...,
The separation of ownership and c...
22  cards
2.1 Finance activities from information to impact & How finance connects the activities
The basic finance activities of f...,
The framework has four sequential...,
The framework has five linking ac...
14  cards
2.2 Sources of data & Types of information
Internal sources of data,
External sources of data,
External data sources may be limi...
22  cards
3.1 Organisational structure
Organisational structure is forme...,
Mintzberg suggested that an org c...,
Operating core
34  cards
3.2 Contemporary transformation of the finance function
The updated information to impact...,
The ff will need to develop it s ...,
The ff is well positioned to meet...
9  cards
3.3 Shared services and outsourcing of finance operations
Contemporary developments in the ...,
Outsourcing,
A shared service centre
20  cards
4.1 Finance operations (level 4)
Finance operations consist of the...,
Financial corporate reporting is ...,
The financial info may include
35  cards
4.2 Specialist areas (level 3)
The specialists are,
The specialist areas include,
Financial planning and analysis f...
18  cards
4.3 Strategic partnering for value (level 2) & Strategic leadership of the finance team (level 1)
Strategic partnering for value le...,
Communicating insight to influenc...,
Strategic partners will
13  cards
4.4 The impact of technology on the activities of finance professionals
The ff can view technology as both a,
Technology can be viewed as an op...,
Technology may also be viewed as ...
11  cards
5.1 The 4th Industrial Revolution & Key technologies driving the digital world
An industrial revolution can be g...,
The technological developments pr...,
The characteristics predicted to ...
31  cards
6.1 Digital technologies and the FF & New technologies and their use in the FF
Core modernisation tools,
Exponentials,
Cloud computing is the
20  cards
6.2 Digital mindsets & The FF and process automation & The ethics of technology usage
A digital mindset is the concept of,
Important dimensions of the digit...,
Implications of a digital mindset...
9  cards
7.1 Technology, data and improved information
Data is used by the ff to help wi...,
Decision making is vital and take...,
Information is
12  cards
7.2 Data and technology uses in sales and marketing & Operations
Marketing is the,
Data use in marketing and sales,
Data use in pricing
14  cards
7.3 Creating value from digital assets & Data protection and privacy
Digital assets are,
A digital asset management system...,
Features of dam
12  cards
8.1 Competencies required by FF & Data strategy and planning
To use data to create and preserv...,
The skills needed by ff can be gr...,
Technical skills
8  cards
8.2 Data engineering, extraction and mining
Data engineering is the practice of,
The three stages in blending data...,
Extraction is the process of
11  cards
8.3 Data modelling, manipulation and analysis
A data model considers the,
The process of data modelling inv...,
The advantages of data modelling ...
9  cards
8.4 Data insight and communication
The ff and managing big data,
Data strategy is a,
A key element of a data strategy ...
9  cards
9.1 Main role of operations & Areas of interface with Finance
Definition of operations pg 225,
Definition of operations management,
Definition of processes
19  cards
9.2 Supply chain management
A supply chain consists of a,
The transformation of the product...,
Supply chain management scm involves
37  cards
9.3 Key performance indicators
Critical success factors csfs,
Key performance indicators kpis,
Characteristics of good kpis include
11  cards
10.1 Main role of sales and marketing
Marketing is defined by the chart...,
The market planning process,
1 situation analysis
36  cards
10.2 Areas of interface between FF and marketing & Key performance indicators
The basic way in which the two ar...,
How the ff interacts with sales a...,
There are a number of areas the f...
18  cards
11.1 Main role of HR 1
The hr function is responsible for,
The hr plan is a,
How can an org plan rationally in...
27  cards
11.2 Main role of HR 2
Staff development and training,
Staff development is t,
The benefits of training and deve...
24  cards
11.3 Areas of interface between HR and FF & Key performance indicators
Traditionally hr and ff,
The modern approach is,
Technology is
17  cards
12.1 Main role of IT
The role of information systems i...,
It is becoming a,
Definition of information systems is
17  cards
12.2 IT infrastructure
It infrastructure consists of,
Ways of organising and managing i...,
The emergence of new technology
20  cards
12.3 The costs and benefits of IS
Cost benefit analysis cba can be ...,
The initial costs of a new is are,
The running costs of a new is are
23  cards
12.4 Areas of interface between IT and FF & Key performance indicators
Traditionally the it function and...,
The modern approach is to view,
Examples of why these two functio...
5  cards

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1 - E1 - Managing Finance in a Digital World

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