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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.
AI masterclass Jenny Blewett FCA, Head of Finance at Costello Medical explains how she used generative AI to help her move data from Excel to Power BI to give senior management a very different view of debt risk
Masterclass 5: Moving from Excel to Power BI formulas
  • Article
  • 30 Oct 2024
Jenny Blewett FCA, Head of Finance at Costello Medical explains how she used generative AI to help her move data from Excel to Power BI to give senior management a very different view of debt risk.
Are you a finance futurist? Discover a new framework for finance excellence
  • Article
  • 30 Oct 2024
CFOs are transforming into tech-savvy futurists, leveraging AI to revolutionize finance and reimagine how work gets done. The new ‘Intelligent Finance’ report outlines the Finance Assessment Model for Effectiveness (FAME), a roadmap developed by leading CFOs to help you elevate your finance function in five key areas: Business, Technical, Digital, People, and Leadership.
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ICAEW disappointed by new reporting to tackle late payments
  • Article
  • 09 Oct 2024
New reporting requirements and a new Fair Payment Code among the measures outlined by government to target improvements in payment times, especially to small businesses and the self-employed.
A pair of hands typing on the laptop keyboard
Government enters crisis control mode to curb public spending
  • Article
  • 22 Aug 2024
Boost from self assessment tax receipts not enough to prevent a deficit in July as Chancellor searches for cost savings in the run up to the Autumn Budget.
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FRC seeks views on digital reporting
  • Article
  • 15 Aug 2024
The Financial Reporting Council has launched a comprehensive discussion paper on the future of digital reporting in the UK, as part of a cross-regulatory group.
Two people looking at the laptop having a conversation
British Business Bank launches Recovery Loan Scheme successor
  • Article
  • 12 Jul 2024
Running until 31 March 2026, the new Growth Guarantee Scheme aims to support small businesses by offering loans of up to £2m, with 70% government-backed guarantees.
Two people looking at the laptop having a conversation
Growth planning: essential steps for SMEs
  • Article
  • 22 May 2024
Successful SME growth planning involves critical appraisal, goal setting, budgeting, adaptability, and strategic partnerships. Read on to discover how to apply these strategies.
Two people looking at the laptop having a conversation
Border uncertainty holding back business
  • Article
  • 20 May 2024
Repeated delays in implementing a full UK border control regime in wake of the UK’s EU exit have had serious impacts on traders, according to the National Audit Office.
Read more

Topics in depth

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Budgeting
  • Hub page
Find out more about all aspects of budgeting, from drawing up your first budget to refining your existing budgeting process.
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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.
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Costing
  • Hub page
Driving down costs without damaging the business. Find out more about cost management and cost control.
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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

Financial Modelling code
  • Thought leadership report
  • 2024
  • PDF (755kb)
ICAEW’s Excel Community has worked with a broad swathe of modelling organisations and experts, taking a half dozen methodologies and paring down to the commonly held, widely accepted beliefs about what constitutes good modelling. Thus, we’ve created the Financial Modelling Code.
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
How to review a spreadsheet report
  • Thought leadership report
  • 2021
  • PDF (813kb)
Reduce the risk that your spreadsheet gives you the wrong answer.
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.
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.
20 principles of Good Spreadsheet Practice 2018
  • Helpsheets and support
  • 2018
  • PDF (1,372kb)
20 principles of Good Spreadsheet Practice 2018
More reports

Webinars

Transformation series: Delivering a finance function transformation
  • Webinar
  • 17 Oct 2024
Practical advice on successfully delivering a finance function transformation.
Creating your first management report with Futrli
  • Webinar
  • 01 Aug 2024
Management reports just got easier. Learn how you can deliver reports with ease with Futrli's process.
Exclusive Harness the potential of Power BI to solve data challenges
  • Webinar
  • 22 Jul 2024
Power BI is a powerful tool that can quickly transform data into insightful and interactive visualisations.
Exclusive Power BI for the Excel veteran
  • Webinar
  • 24 Jun 2024
Excel MVP & YouTuber David Benaim demonstrates how to import data into Power BI, manipulate and reshape data with its Power Query component, model data with its Power Pivot component, build out visuals, and publish online.
How finance teams can use AI and Generative AI to drive growth and profitability, with Oracle
  • Webinar
  • 08 May 2024
The opportunities and potential risks of Generative AI in finance.
Valuations 101: How to avoid common mistakes in business valuations with Valutico
  • Webinar
  • 24 Apr 2024
Discover how to avoid the most frequent mistakes in company valuation as Valutico’s experts share insights from a real-world case study.
Creating your first forecast with Futrli
  • Webinar
  • 15 Apr 2024
Discover how Futrli can support your cash flow forecasting.
Exclusive Model Risk Management: Understanding the Bank of England’s Supervisory Statement
  • Webinar
  • 19 Mar 2024
Model risk is one of the most important risks in a financial institution. It impacts front office, operations, finance, internal and external audit.
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 BVB insights: data and analysis on UK private company multiples
  • eBook
  • 2024
  • Business Valuation Benchmarks
  • Business Valuation Benchmarks
Independent analysts, from BVB Ltd, have collated and interpreted transactions data involving private companies. The result is an in-depth overview of transaction multiples paid for UK private companies for the year ended December 2023 (previous editions are also available).
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 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
  • Website
  • ACCA
A magazine for finance professionals produced by the Association of Chartered Certified Accountants (ACCA). Includes news, analysis and technical updates.
Acuity
  • Website
  • 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
  • Website
  • 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
  • Website
  • 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).
Tax valuations: cross-border transfers of intangible assets
  • Library book
  • 2024
  • L. MacGregor, S. Tilstone
  • LexisNexis
A brief digest covering the valuation of intangibles for tax purposes. Includes sections on asset identification, bases of value, valuation methodologies, goodwill, and the relationship between market value and arm's length provision.
Management and cost accounting
  • Library book
  • 2024
  • C.Drury
  • Cengage Learning EMEA
Explains the fundamentals of management and cost accounting, including chapters covering activity-based costing, budgeting, sustainability and data analytics. The target audience is primarily undergraduate students who are pursuing a management accounting course, or students who are preparing for the management and cost accounting examinations of professional accountancy bodies.
Charity Finance yearbook, 2024
  • Library book
  • 2024
  • 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.
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.
The charity treasurer's handbook
  • Library book
  • 2023
  • G.G.Morgan
  • Directory of Social Change (DSC)
This book looks at charity finances from the perspective of treasurers and finance officers in smaller charities; treasurers and finance officers of larger charities will find much of the content is applicable to them too.
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).

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.
Essential guide to budgeting
  • Website
  • Atom Content Marketing
A guide to budgeting for your business. Budgeting sets out your financial expectations for the business. While it’s not possible to know exactly what the future holds, budgeting reduces the level of uncertainty and helps you anticipate problems.
Essentials of financial management
  • Website
  • Liverpool University Press
An Open Access e-textbook aimed at students with limited knowledge of finance and financial markets. Covers key issues relating to financial management, such as how businesses finance their activities, how they select projects to invest in, the distribution of net cash flow and how they manage price risk.
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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