Finance Services Center Management
FP-fscmPAcad. year: 2018/2019
The course is focussed on the following areas of shared services centres (SSCs): SSCs concept, project management, transition, process documentation, accounting, IFRS, accounts payable, accounts receivable, knowledge transfer, business process improvement, corporate values and culture, and soft skills.
Learning outcomes of the course unit
The student can explain the centralisation of processes as a way to manage supporting functions in global economy. They know how to explain project management applied to shared services centres. They know the basics of process documentation, due process and convergence between CZ GAAP and IFRSs. They know the main skills required in the shared service centres.
A knowledge of accountancy and corporate finance, ability to work with Microsoft Excel.
Recommended optional programme components
Recommended or required reading
Planned learning activities and teaching methods
The course is made up of seminars that explain the basic principles, problems and characteristics of shared services centres financial management. The seminars combine theory with best practice studies and business game simulations.
Assesment methods and criteria linked to learning outcomes
The examination is classified according to the ECTS scale. Exams in the classroom and exams for homework are classified at the end of each seminar. The final classification is given by sum total of individual classifications.
Language of instruction
SSCs concept; project management; transition, process documentation, knowledge transfer, IFRS foundation and statements, accounting – finance macroprocess; continual improvement; corporate value and culture; soft skills.
The main objective of the course is to introduce the shared services centres concept - its core elements with a focus on financial management.
Specification of controlled education, way of implementation and compensation for absences
Participation in seminars is compulsory and active participation by students is required. Attendance is checked by exams in the classroom and an attendance sheet.