Organisations use our online financial competency assessments to:
identify staff training and development need,
inform training plans and organisational development strategy
develop an efficient and effective workforce
assist in the recruitment process
support performance appraisals
Individuals use our financial competency assessments to:
test their knowledge, skills, and capabilities
become more effective in the workplace
enhances job and promotion prospects
in preparation for interviews
All our online assessments can be undertaken at anytime to suit users.
On completion of the test, an immediate score and feedback report is produced.
The assessments cover a wide range of subjects including Budget Setting Skills, Procurement, Budget Monitoring and Control, Fraud Awareness, and many more. See below for the full list.
CPD points are available for undertaking some of our assessments along with the purchase of the relevant book.
Our online assessments have been purchased by organisations and users worldwide including Europe, Africa and the Middle East.
Case study – Recruitment of Senior Operations Manager for a Liverpool Arts Charity. Online assessments were successfully used to create a shortlist for interview, saving time and resources. Recommendations from the assessment results assisted in appointing the best candidate for the position.
Online Financial Competency Assessments assist individuals and organisations identify strengths and weaknesses in important areas such as Finance, Accounting, Financial Management, Budgeting, and so on. The online assessments comprise of several questions which are then scored to provide a brief report. The result identifies areas of training need which can be addressed with some of our Finance Courses and other resources such as Finance Books and eBooks.
We have Accounting Online Assessments covering accounting techniques, and Financial Management Online assessments including Budget Setting and Budget Monitoring.
Our Online Financial Competency Assessments should ideally be undertaken before and after Finance Training, such that the effectiveness of the training can be measured. There are several topics for which we have online assessments. In addition to Finance and Accounting, we also have a Fraud Awareness Online Assessment which is very popular, along with Basic Maths and Statistics.
We have been commissioned by organisations to produce bespoke online assessments. This is easily produced for any area which the organisation wishes to measure the level of skill and knowledge. These assessments are useful in recruitment and can identify the underpinning knowledge of candidates along with their ability to put their skills into practice.
All our online financial competency assessments provide a report, and the bespoke assessments can have a bespoke report generated signposting staff to training etc. They provide a quick, easy, cost-effective way of assessing skills and abilities.
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"Very well explained"
"Would recommend for government organisations with fixed budgets"
"Very useful course, right to the point, very efficient. Thanks."
"Good introductory course in budgets for public sector and NPOs"Just a few feedback comments from CPA Accountants, CPD Formula, Canada.
I recently purchased an e-Book copy of Managing the Devolved Budget. As a finance trainer I think this is an excellent book. So many of the issues I come across in my role are thoughtfully addressed. Training Manager, NZ Ministry of Social Development
Your Strategic Financial Planning for Pubic Sector Services is an excellent product!. I like it. Amazon Review, 5 Stars
“The course was excellent and pitched at the right level to reflect my public sector role and experience. There was ample space for dialogue and discussion and it enabled me to develop clear actions to take forward. I would strongly recommend the course to any managers who want to understand how to take a more proactive approach to budget setting and management in senior public sector contexts.” Transportation Services Group Manager, East Riding of Yorkshire Council
“The course helped me to have a better understanding of budgeting principles and financial management. I also feel more confident to ask questions about management accounts, particularly as I have been equipped with improved skills to analyse and look beyond the figures in the reports. The course was delivered at a good pace and I liked the fact that we looked at the published accounts from my own company which really helped put the learning principles in to practice and therefore improved my understanding.” Head of Case Management, Solicitors Disciplinary Tribunal
“I enjoyed the course and it was very helpful. I have been able to bring back a number of recommendations from the course and improve our budget monitoring, helping to make our programme more transparent and offer greater value for money for the tax payer.” Compliance Executive, Skills Development Scotland
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