Target Audience
Directors, Partners, Senior managers, Specialists non-Accountants running an organisation area from any industry. No knowledge of accounting is required. Programme Standards
- Maximum 8 attendees - 30 days of one to one support - Handouts - Programme director/s with at least a Masters Degree in the subject - Convenient morning timings or in-house at any time for a minimum of two bookings - Can be configured to address a number of professions and industry sectors - Via Skype Interactive Environment - Available in-house for a minimum of two bookings at no extra cost Price
EUR495 ex VAT per participant. |
Management Accounting And Finance For The Non-Accountant Masterclass
This is a unique programme addressing the science behind the numbers and economic and accounting concepts to be able to run a business with your brain rather than with your heart. Modules Covered
Understand management accounting for non-accountants How to read, interpret and criticise management accounting for non-accountants in a professional way. We review how to read management accounts and what really matters in such reporting. Decision Making Like a Professional - What you need to know, investigate and drill down on We look at the key drivers of professional decision making and how to monitor, control and dig down into figures that really matter to make the right decisions. Costing Your Operation How to cost your operation, and price your output to ensure a profitable operation at all times in a professional way. We look at break even point calculations and other costing methods to ensure a profitable operation. Cost-benefit-analysis (CBA) using key accounting principles We analyse how to do CBAs in an organisation based on sound accounting and economic principles aimed at either preserving or creating economic wealth and organisational well being. Budgeting Professionally, Systematically and Effectively How to set meaningful budgets, sales targets and other KPIs to manage the business professionally under any circumstance. We look at different types of budget setting scenarios to address a range of business models. Management Control, Fraud Prevention and Risk Assessment How to use Management Accounting to manage a business in a professional way, minimise fraud and identify management problems before they become a crisis. Management Your Working Capital professionally Understanding working capital and how to manage it in order to reduce operational risk while maximising profits in any business operation. Management Accounting and Business Decisions that Create Shareholder Value We look at how to make business appraisals, calculate the Payback Period, Internal Accounting rate of return, Net Present Value and Borrwing and Gearing Mechanisms. Creating Shareholder Value through Management Accounting and Investment We look at how Shareholder value is created, and how can it be grown at a faster rate than the average through the right investment decisions. |