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Working Effectively in Accounts & Finance
   

Professional Development

Self Analysis and Development

  • Analysis of Strength & weaknesses - SWOT
  • Personal development plan – PDP
  • Continual Professional Development CPD

Overview

  • Importance of continuing professional development
  • Identifying personal development needs & objectives
  • Monitoring & reviewing personal development needs & objectives

CPD - Continual Professional Development

  • The learning activities undertaken by employees to maintain, improve and broaden the knowledge and skills required in their professional lives
  • This is an ongoing cycle which should involve both employer and employee.

SWOT Analysis

Strengths
Weaknesses
Opportunities
Threats

Development needs

  • Carry out an audit of your knowledge (what you know) and skills (how you put it into practice).
  • You need to be assessing what you do at work and where you want your career to take you.

Objectives

What are my objectives? – these should be specific targets and will be set with your employer as part of an appraisal interview.

  • What training do I need?
  • What knowledge do I need?

S.M.A.R.T Objectives

To complete Advanced SAGE line 50 by 30 June 20X3
Specific, Measurable, Achievable, Realistic, Timed

Personal Development Plan (PDP)

PDP – An action plan designed to enable you achieve your CPD aims and objectives. It should include a clear timeframe set for every task or objective, relevant resources, the relevant activity, and how achievements would be measured and evaluated

Meeting Your CPD Objectives

  • The objectives could be met through:
  • On the job training
  • Technical updates
  • External training courses
  • Research on the internet/publications
  • Taking specific qualifications

Evaluation

  • Have my objectives been achieved
  • Am I happy with my progress
  • Is my employer happy with my progress

Recording CPD

Four Areas for CPD Recording:

  1. Assess –what do you need to learn in order to achieve the CPD goal?
  2. Plan – how are you going to meet this learning?
  3. Action – detail what you have learnt from the training
  4. Evaluate - what else do you need to learn
   
 
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