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Financial management

Maintaining financial discipline in your organisation and propelling you to the next level. This area contains several handy resources to ensure your business stays on the right track.
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Latest on financial management

Read our latest features and articles on financial management.
ESG for SMEs: step-by-step climate scenario analysis
  • Article
  • 26 Sep 2023
How should we strategically position our businesses in the face of climate change? That’s the essential question at the heart of climate scenario analysis.
August public sector finances: fourth-highest monthly deficit on record
  • Article
  • 21 Sep 2023
Deficit marginally better than had been expected according to the latest figures from the ONS, but costly public sector problems emerge.
Why would you not have a practising certificate?
  • Article
  • 20 Sep 2023
With guideline changes coming in January, it’s time to re-examine whether you should hold a practising certificate. ICAEW member and corporate strategist David Blair explains why it’s a good idea.
ESG for SMEs: Make energy saving in your business
  • Article
  • 19 Sep 2023
ICAEW is supporting the Department of Energy Security and Net Zero in its campaign promoting energy efficiency. We take a look at what businesses can do to drive down energy bills and boost savings.
Tired of being paid late by big businesses?
  • Article
  • 13 Sep 2023
Small business owners: what can you do to crack down on overdue payments and make sure you receive the money you are owed?
Delivering transformation: a lesson in project management
  • Article
  • 06 Sep 2023
Finance transformation series: Neil Cutting advises CFOs and transformation leaders on the essential skill of project management.
ESG for SMEs: government launches climate advice hub
  • Article
  • 06 Sep 2023
UK Business Climate Hub provides business owners and finance professionals with a one-stop shop of authoritative guidance for the journey to net zero.
July public sector finances: a mixed set of results
  • Article
  • 22 Aug 2023
Higher self-assessment tax receipts and end of energy support payments help improve what is otherwise a disappointing set of numbers.
Read more

Topics in depth

Coins in jeans pocket
Budgeting
  • Hub page
Find out more about all aspects of budgeting, from drawing up your first budget to refining your existing budgeting process.
Man studying accounts with calculator and magnifying glass
Business intelligence and management reporting
  • Hub page
Find out more about business intelligence and management reporting with our selection of articles, reports, webinars, books and guides.
Woman working in flower shop
Costing
  • Hub page
Driving down costs without damaging the business. Find out more about cost management and cost control.
Female colleagues at desk
Credit management
  • Hub page
Find out more about credit management and control with our selection of articles, books and online resources.
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Financial modelling and forecasting
  • Hub page
Use our resources to find out more about building financial models, the pitfalls of financial modelling and how to carry out effective forecasting.
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Hedging
  • Hub page
Find out more about hedging with our selection of articles, books and online resources.
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Investment appraisal
  • Hub page
Find out more about investment appraisal with our selection of articles and guides to help you identify best practice, techniques and tools to apply to your business.
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Treasury and cash flow management
  • Hub page
Find out more about treasury management and cash flow with our selection of books, articles and guides.

Business calculations

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Business calculations
  • Hub page
An A to Z of business calculations, formulas and ratios from our collection of online reference books.

Reports

Special Report 72 - The aspiring CFO
  • Report
  • 2021
A practical, realistic, hands-on and immense learning opportunity of all you need to know to become the CFO
Superforecasting: How to improve your forecasting skills
  • Report
  • 2021
Forecasting is an essential skill for finance professionals and managers. Business decisions of all kinds depend on effective approaches to looking ahead. This guide outlines the core principles of “Superforecasting” which will help you develop your forecasting skills.
Exclusive The CFO and Strategy
  • Report
  • 2020
Our first report explores the nature of strategy, particularly how CFOs balance planning and opportunism. We then consider the various aspects of the CFO's role in strategy.
Exclusive Special Report 69 - Effective collaboration
  • Report
  • 2020
Collaboration has been a trendy buzz word in business lexicon for some time now, but, as the pandemic has done with many other ‘nice-to-have’ skills, it has now become absolutely necessary to master. With your colleagues, business partners, suppliers and all other stakeholders more than likely working from home, and maybe even across different locations and time zones, effective collaboration is essential.
How to adapt your cash flow processes analysis and forecasting
  • Helpsheets and support
  • 2020
This guide, created by the Business and Management Faculty, shares nine principles for finance professionals to consider when seeking to adapt processes to improve cash flow analysis and forecasting.
COVID-19: nine principles for finance professionals
  • Helpsheets and support
  • 2020
16 April 2020 - The business impact of coronavirus (COVID-19) means effective cash flow analysis and forecasting have never been more important. This guide sets out some principles for adapting your approach to the current crisis.
COVID-19: Six actions for finance professionals on cash flow
  • Helpsheets and support
  • 2020
1 July 2021: How to get cash flowing into your business. This guide shares six practical actions finance professionals may wish to consider when considering cashflow to support their businesses through the coronavirus (COVID-19) crisis.
Preparing smarter business plans
  • Report
  • 2020
The ICAEW Business and Management Faculty shares hints and tips for businesses writing a business plan at a time when many businesses are applying for finance to help them through the pandemic.
More reports

Webinars

The role of finance in achieving net zero
  • Video
  • 08 Dec 2022
Kevin Berryman, CFO of professional technical services company Jacobs discusses his passion for sustainability, and the role of the finance function in addressing climate change.
Tax year end, Bounce Back Loans and cryptocurrency
  • Podcast
  • 23 Jun 2021
ICAEW’s Philippa Kelly and Lindsey Wicks and PwC’s Mike Jervis join host Tom Herbert to discuss the potential moving of tax year end, Bounce Back Loan repayment options, business restructuring and cryptocurrency.
Using scenario planning to navigate uncertainty
  • Webinar
  • 14 Apr 2021
This webinar explores how scenario planning can enhance preparedness and enable executive teams to respond rapidly to an ever changing business landscape.
Why collaboration with suppliers matters
  • Video
  • 09 Jun 2020
9 June 2020: As businesses look for ways to emerge successfully from the pandemic, supply chain management will be key. The best supplier relationships not only support cost effectiveness but also innovation and the generation of sustainable value.
Lessons for the private sector
  • Webinar
  • 20 Nov 2019
Sir Nicholas Macpherson's 2013 "Review of Quality Assurance of Government Models" resulted in wide ranging and robust changes to the management of business critical models in the sector. This webinar looks back at 5 years of Macpherson.
Stats skills in excel - Forecast probabilities
  • Webinar
  • 25 Sep 2018
Our Excel expert, John Tennent, talks us through the use of Normal distribution curves and Monte Carlo simulation to measure the impact of uncertainty in financial modelling.
Future proof your finance function
  • Webinar
  • 21 Mar 2017
How will engagement with technology and process automation affect the finance function in future?
Automating the month end
  • Webinar
  • 30 Oct 2015
This webinar will demonstrate a few essential functions of Excel and then show how they can be used to build a ‘bridge’ file between an accounting system and a management accounts pack, to truly enable you to automate much of your routine reporting.
More webinars

eBooks

The ICAEW Library & Information Service provides full text access to a selection of key business and reference eBooks from leading publishers. eBooks are available to logged-in ICAEW members, ACA students and other entitled users. If you are unable to access an eBook, please see our Help and support advice or contact library@icaew.com.

Exclusive Risk management and financial institutions
  • eBook
  • 2023
  • John C. Hull
  • John Wiley & Sons, Inc.
Looks at the activities of financial institutions, explains their regulation, and covers market risk, credit risk, operational risk, liquidity risk and model risk.
Exclusive Hands-on financial modeling with Excel for Microsoft 365: build your own practical financial models for effective forecasting, valuation, trading, and growth analysis
  • eBook
  • 2022
  • Shmuel Oluwa
  • Packt
Financial modeling is a core skill required by anyone who wants to build a career in finance. This book explores financial modeling terminologies with the help of Excel. Starting with the key concepts of Excel, such as formulas and functions, this updated second edition will help you to learn all about referencing frameworks and other advanced components for building financial models.
Exclusive Non-financial risk management in the financial industry
  • eBook
  • 2022
  • Norbert Gittfried [and others]
  • Frankfurt School Verlag
Intended as a guide to establish a target operating model for non-financial risk management, primarily for the financial industry, and covers the entire risk management lifecycle. Includes a definition of non-financial risk, risk appetite frameworks, risk governance, top-down non-financial risk assessments, internal control frameworks, data and IT governance as well as conduct and ethics.
Exclusive Valuing a business: the analysis and appraisal of closely held companies
  • eBook
  • 2022
  • Shannon P. Pratt and the ASA Educational Foundation
  • McGraw Hill Education
Covers different valuation principles and methods.
Exclusive Financial modeling in Excel for dummies
  • eBook
  • 2022
  • Danielle Stein Fairhurst
  • John Wiley & Sons, Inc.
This books provides practical hands-on exercises to help you build powerful models from scratch, and to work with existing financial models in Excel. Includes chapters on tools and techniques for financial modeling, applying scenarios, charting and presenting model output, building an integrated financial statements model, discounted cash flow valuation, and budgeting for capital expenditure and depreciation.
Exclusive Fundamentals of transfer pricing: general topics and specific transactions
  • eBook
  • 2021
  • Michael Lang, Giammarco Cotani, Raffaele Petruzzi
  • Wolters Kluwer Law International
This guide explores the practical application of transfer pricing rules, offering examples and international judicial precedents. Chapters cover transfer pricing methods, approaches to prevent and resolve disputes, documentation, attribution of profits to permanent establishments, and specific transactions (such as services, financing, intangibles and business restructurings).
Terms of use

You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.

More eBooks

Online magazines

Some online journal titles are available only to logged-in ICAEW members, ACA students and other entitled users. To view the full range of titles available to you, please log in.
AB: Accounting and Business
  • ACCA
A magazine for finance professionals produced by the Association of Chartered Certified Accountants (ACCA). Includes news, analysis and technical updates.
Acuity
  • Chartered Accountants Australia & New Zealand
Bimonthly magazine from Chartered Accountants Australia & New Zealand (CA ANZ). Includes news, opinion and analysis on issues relating to accountancy, business and finance.
CFO
  • Industry Dive
Online publication aimed at CFOs, publishing news, opinion and analysis. Until 2021 it was a print magazine; the Library provides online access to issues published between 1994 and 2021 via its premium databases.
Financial Accountant
  • Redactive Publishing Ltd.
The official magazine of the Institute of Financial Accountants, published six times a year. Features news, opinion pieces and articles on general topics such as health and wellbeing.
Disclaimer

ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided 'as is' with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.

Articles and books in the ICAEW Library collection

The collection of the ICAEW Library & Information Service includes a range of articles, books and reports on financial management. Use the links below to see what we have available to request in our Library catalogue (Libcat).
SBBI yearbook: stocks, bonds, bills, and inflation, 2023
  • Library book
  • 2023
  • R.G. Ibbotson
  • Kroll
An annual resource for historical US capital markets data, covering the period from January 1926 to the present. It sets out returns, index values, and statistical analyses for a number of asset classes.
Data analytics for accounting, 3rd ed.
  • Library book
  • 2023
  • V. Richardson, R. Teeter, K. Terrell
  • McGraw-Hill
This book aims to provide accountants and accountancy students with the skills and knowledge they need to carry out data analysis and attain data-driven insights. The authors provide both a conceptual framework and hands-on practice with real-world data. Various data analysis tools are covered, structured around two tracks — the Microsoft track (Excel, Power Pivot, and Power BI) and the Tableau track (Tableau Prep and Tableau Desktop).
Charity Finance yearbook, 2023
  • Library book
  • 2023
  • Charity Finance
  • Civil Society Media
Aimed at charity finance professionals, this yearbook includes updates and insights on accounting and audit, VAT and taxation, investment strategy, responsible investment and finance, risk management, funding, performance evaluation, governance, legal and regulatory matters, HR and pensions, information technology, and property. Also included are various model job descriptions and model terms of reference.
Valuing a business: the analysis and appraisal of closely held companies
  • Library book
  • 2022
  • S.P.Pratt
  • New York: McGraw-Hill
Aims to offer clear, concise coverage of valuation principles and methods. Includes information on writing and reviewing business valuation reports, valuing specific assets, instruments and interests, valuations for specific purposes and litigation and dispute resolution.
Accounting essentials for hospitality managers
  • Library book
  • 2022
  • C.Guilding
  • Routledge
Aimed at non-accountant hospitality managers, this book provides a comprehensive overview of the most relevant accounting techniques and information for hospitality managers. Topics include: analysing transactions and preparing year-end financial statements; financial statement analysis; internal control; cost management issues; budgeting and responsibility accounting; flexible budgeting and variance analysis; performance measurement; cost information and pricing; working capital management; investment decision-making and revenue management.
Accounting for non-accountants
  • Library book
  • 2020
  • D.Horner
  • Kogan Page
An introductory text for managers and non specialists who wish to gain an overview of accounting. Includes chapters: financial record keeping; income statements; the balance sheet; further adjustments to the income statement; checking the double-entry system; accounting concepts; accounting for other business organisations; an introduction to business costing; marginal costing and decision making; standard costing; budgeting; working capital management; capital investment appraisal; an introduction to limited companies; published accounts of the limited company; accounting standards; statement of cash flows; accounting ratios; and the economic environment.

To find out how you can borrow books from the Library please see our guide to borrowing books.

You can obtain copies of articles or extracts of books and reports through our document supply service.

External resources

A guide to financial management for SMEs
  • Website
  • GOV.UK
A September 2012 report compiled by ICAEW, ACCA and E&Y for the Department for Business, Innovation & Skills. Highlights the importance of financial management throughout business development and lists the financial questions for small and medium-sized enterprise (SME) owners to consider.
Terms of use

ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided 'as is' with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.

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