Training Course Overview
Management Accounting operates without rigid rules, focusing on aiding management decision-making, while Financial Accounting adheres strictly to established accounting principles.
Furthermore, the approach to measuring KPIs in Management Accounting varies widely across companies, even within the same industry, making it challenging to ascertain best practices.
This Management Accounting for Enhancing Corporate Values and Strengthening Operations training course will explore the interrelation between financial management KPIs and SCM (Supply Chain Management) KPIs, emphasizing their impact on cash flow and corporate project development. It will also emphasize the significance of environmental issues and corporate governance in the context of ESG (Environmental, Social, and Governance) and SDGs (Sustainable Development Goals).
Training Course Objectives
By attending this Anderson training course delegates will be able to make a substantial, positive impact on the Cash Management best practices within their organization, more specifically:
- Acquire basic knowledge on CCC (Cash Conversion Cycle) with global comparison by industry.
- Understand best practice techniques for achieving effective Cash Management
- Discuss & learn the practical application of these best practices, through case studies & exercises
- Acquire practical management methods: Break-even point analysis, Inventory Driven Costs
- Develop an action plan to utilize these theories in their own areas of responsibility, fitting them into the Cash Management strategy, and measuring benefits
- Acquire the tips - how to visualize the necessary data and form corporate project by involving stakeholders required
Designed For
This Anderson training course is suitable for a wide range of professionals who wish to achieve career progress by expanding their financial knowledge, corporate governance and effectively making use of financial indicators in their management roles, for example:
- Operational managers
- Accounting and Financial manager
- Supply Chain senior managements (Sales, Production, Procurement, Logistics)
- Corporate controllers
- Risk managers, Auditors