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Management accounting tools update

Course Code: cm65342      Days: 1
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Course Overview

This course will give you an understanding of new developments beyond the traditional, budget-constrained model of the firm using case studies from successful companies.

Audience

Finance professionals who need an update on the latest management accounting techniques.

Course Outline

  • Review of modern management accounting developments
  • The new finance function - trends in the role of the accountant
  • 'Beyond Budgeting' and the move to managing businesses via a smaller number of key performance indicators
  • Balanced Scorecard developments - how the balanced scorecard has moved from a measurement tool to a strategy management tool
  • Value Based Forecasting - how to build budgets and forecasts linked to the core objective of maximizing shareholder value


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