CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Succession Planning

Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
3 Credits: Personal Development

Course Description

An organization can adopt a succession plan to give employees a better opportunity for advancement within the firm, thereby reducing employee turnover and building a deep base of experienced talent. Succession Planning describes every aspect of succession planning: its advantages, the steps involved in operating the program, and ways to enhance its effectiveness. This course also addresses training systems for employees targeted for advancement, special issues related to succession planning for the chief executive officer position, and the measurements that can be used to determine the performance of the program.

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

  • Recognize the costs of recruiting and onboarding.
  • Specify who might be included in the different types of talent pools.
  • Describe the characteristics of someone who is ready for promotion.
  • Cite the differences between succession planning and backup planning.

Chapter 2

  • Recognize what constitutes leadership competency.
  • Specify the indicators of a key position.
  • Describe the techniques that can be used to make a succession planning program more effective.

Chapter 3

  • Cite the training methods that can be used to enhance employee capabilities.
  • Recognize the uses to which coaching can be put.

Chapter 4

  • Describe the problems associated with hiring a CEO from the outside.
  • Specify the characteristics of an insecure CEO.

Chapter 5

  • Identify the types of costs that can be incurred to replace an employee.
  • Recognize the different causes of unavoidable turnover.

Chapter 6

  • Recognize the organizational structures that tend to block employee advancement.
  • Specify the methods that can be used to retain employees.

Course Specifics

Course ID
7177005
Revision Date
July 15, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Steven M. Bragg Headshot
Steven M. Bragg, CPA

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with …

Steven M. Bragg, CPA Read More »

Succession Planning

Expert Instructors
Format
CPE CREDITS
3 Credits: Personal Development

$87.00$117.00

Clear
Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
3 Credits: Personal Development

Course Description

An organization can adopt a succession plan to give employees a better opportunity for advancement within the firm, thereby reducing employee turnover and building a deep base of experienced talent. Succession Planning describes every aspect of succession planning: its advantages, the steps involved in operating the program, and ways to enhance its effectiveness. This course also addresses training systems for employees targeted for advancement, special issues related to succession planning for the chief executive officer position, and the measurements that can be used to determine the performance of the program.

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

  • Recognize the costs of recruiting and onboarding.
  • Specify who might be included in the different types of talent pools.
  • Describe the characteristics of someone who is ready for promotion.
  • Cite the differences between succession planning and backup planning.

Chapter 2

  • Recognize what constitutes leadership competency.
  • Specify the indicators of a key position.
  • Describe the techniques that can be used to make a succession planning program more effective.

Chapter 3

  • Cite the training methods that can be used to enhance employee capabilities.
  • Recognize the uses to which coaching can be put.

Chapter 4

  • Describe the problems associated with hiring a CEO from the outside.
  • Specify the characteristics of an insecure CEO.

Chapter 5

  • Identify the types of costs that can be incurred to replace an employee.
  • Recognize the different causes of unavoidable turnover.

Chapter 6

  • Recognize the organizational structures that tend to block employee advancement.
  • Specify the methods that can be used to retain employees.

Course Specifics

Course ID
7177005
Revision Date
July 15, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Steven M. Bragg Headshot
Steven M. Bragg, CPA

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with …

Steven M. Bragg, CPA Read More »

Succession Planning

Expert Instructors
Format
CPE CREDITS
3 Credits: Personal Development

$87.00$117.00

Clear