Financial Excellence
AU$99.00
Course Duration: 50 mins
Accessible for: 31 days
In this course, you will learn strategies to achieve financial excellence for your organisation. First, you will learn about the financial framework of the National Disability Insurance Scheme (NDIS), including the purpose, pricing arrangements, and the role of the Disability Support Worker Cost Model.
You will then explore strategies for achieving financial excellence, including effective resource management, profitability enhancement, and cash flow optimisation. Next, you’ll gain insights into financial health assessment through financial statements and key ratios, alongside practical strategies for improving profitability, balance sheet performance, and cash flow. Lastly, you will discover how technology and best practices in financial planning, governance, and compliance support financial sustainability and ethical practices in the disability service sector.
Outcomes
After this course you will be able to:
- Understand Finances within the Australian Disability Sector
- Define Financial Excellence
- Assess and improve an Organisation’s Financial Health
- Understand Best Practices in Finance and Accounting
- Identify Technology and Environmental Influences
Additional information
- E-learn (50min)
- 7 resources:
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- Accounting Standards
- Financial Statements
- NDIS Disability Support Worker Cost Model Assumptions and Methodology 2024-25 v1.1
- NDIS Financial Resources Links
- PB Annual Pricing Review 2022-23 Terms of Reference
- Ratio Analysis Resource
- SWOT and PESTLE
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- Certificate of completion
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