Day One: Cost Control and Inventory Management
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- Defining the two fields of accounting
- Inventory management
- Linking Inventory to Financial Position
- Cost Structure: Fixed costs, Variable costs and Break-even points analysis
- Cost Center and Inventory Driven Costs (IDC)
Day Two: Key Performance Indices and Corporate Value Management
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- Defining corporate value management
- Key elements of effective KPI
- Global KPI: ROE (Return on Equity) and ROIC (Return on Invested Capital)
- KPIs linked to Supply chain Management
- SCM capability analysis
Day Three: Mastering Cash Conversion Cycle (CCC)
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- Defining Cash Conversion Cycle
- Differentiating between Operation Cycle and Cash Cycle
- Main challenges of CCC
- Key steps for an effective CCC
- How to accelerate CCC cashing speed?
- Purchase/Production, Sales, Inventory management
Day Four: Advanced Accounting Management Tools
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- Balanced Scorecard with case studies
- Six Sigma theory with real case studies
- Problem-solving method - PDCA
- Visualization of management and autonomy
- Effective IT solutions for improving efficiency
Day Five: Environmental, Social and Governance (ESG)
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- Defining ESG framework
- What are Strategic Development Goals?
- Steps to setting an effective Integrated reporting
- Risk management
- Challenges of Environmental issues
- Real Case Studies