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Financial Competency Improvement (FCI) System ™

Financial Competency Improvement (FCI) System ™. Provides: Financial Competency Assessments (FCAs) Learning Resources Management Books at a Discount. The FCI System provides…. An on-line system, allowing for 24 hour access Financial Competency Assessments (FCAs) in key skill areas

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Financial Competency Improvement (FCI) System ™

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  1. Financial Competency Improvement (FCI) System™ Provides: Financial Competency Assessments (FCAs) Learning Resources Management Books at a Discount

  2. The FCI System provides… • An on-line system, allowing for 24 hour access • Financial Competency Assessments (FCAs) in key skill areas • Feedback report and results • Learning Resources • Management Books at discounted prices

  3. FCA Key Skill Areas • Budget Setting • Budget Monitoring and Control • Finance for Non Financial Managers • Financial Accounting Techniques • Financial Strategy • Business Planning • Fraud Awareness • Procurement • Costing and Pricing • Basic Maths and Statistics

  4. Financial Competency Assessments • On-line questionnaires • 20 randomised questions on each topic • Multiple choice or multiple selection • Assessment of underpinning knowledge and practical application • Scores for underpinning knowledge, practical application and overall performance • Automatically generated report on training needs • Up to 3 attempts per questionnaire

  5. Example Questionnaire

  6. Example Report

  7. Bespoke FCAs • Financial Competency Assessments can be specifically developed and tailored for the individual organisation, ensuring that the relevant competency areas are assessed • These are then available on-line. Just select named FCAs from the list at any time to suit your organisation’s needs • Management reports available listing individual performance results in each area of assessment, along with average scores which can be used as benchmarks

  8. Example Report

  9. Learning Resources include: • Slide presentations • Notes and exercises • Suggested solutions • Self development activities, encouraging reference to the organisation’s own documents and practices • Access to management books published by HB Publications

  10. The FCI System key USPs • A cost effective assessment and development tool • Provides on-line web access whenever and wherever clients need to use it • An assessment tool that measures key management skill areas such as finance, planning, and fraud awareness • An assessment tool that not only assesses knowledge but also the practical application of that knowledge • Can be used to measure and evaluate the effectiveness of training by undertaking pre and post assessments • Can be used in recruitment and selection

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