TRAINING NEED ASSESSMENT

AGENDA
Purpose of the TNA Objectives Scope Methodology Training needs Recommendations

PURPOSE OF TNA
To assess the training needs for the deficient skills of Director Computers and to help ensure that current and future training needs can be fully responded
Analysis of the job description Skill gap identification Designing the TNA

OBJECTIVES

To determine the deficient skill areas of financial and accounting management; To identify the training preferences of the incumbent required to set right the lacking knowledge and skills in financial and accounting management;

To recognize the suitable structure of training favored by the director.

SCOPE

Narrowly designed person analysis

Performance comparison Discussion and questionnaire information

METHODOLOGY

Survey instrument

Self administered questionnaire 3 parts: 1. Background characteristics 2. Assessment of training requirements 3. Type of training favored

TRAINING NEEDS

Score : 15 correct answers out of 24 quantifiable questions

TRAINING NEEDS
60% correct answers - sufficient level of understanding of financial and accounting management Weak response in some areas was equally dispersed among the finance and accounting domains A medium training orientation

S. No

Accounting and Finance Domain High

Suggested Training priority Med Low Self

1.

Computerized accounting and systems audit

2.
3. 4.

Forecasting, collecting and managing revenue

Double taxation issues Analysis of financial statements

5.
6. 7.

International financial reporting standards (IFRS)

Money and capital markets Commodity markets

8. 9. 10.

Transfer pricing Advance pricing arrangements Revenue Reconciliations & Settlements

A rigorous and detailed training program

Multi disciplinary audience training is preferred

TNA - ASSESSMENT MODEL

Training Needs -Medium level training -Multidisciplinary -Rigorous and detailed training program

Recommended

A 2-week rigorous financial and accounting training program

Un-serviced by

SAP Functional Expert & Power Users SCM/ MM and Financials FI-CO

RECOMMENDATIONS

Improving effectiveness of financial management skills, making them as effective as possible , preparing managers for all situations
A thorough 2 weeks training to improve the required skills On the job guidance by the finance and accounting professionals can lead to effective decision making