Management Accounting for the Non-Accountant Masterclass
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Target Audience
Business Owners, Directors, Managers, Administrators and non-Accounting Professionals. 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 Price
EUR495 ex VAT per participant. |
Management Accounting for the Non-Accountant Masterclass
Whether you are an architect, lawyer, manager, HR specialist, business owner or any other professional but not an accountant you may have certain perceptions of what is the difference between profit, cashflow, investment and taxation impact on your business. This is a jargon-free programme for business people who want to discipline themselves to think and act in a economic logical way. This programme will bring you up to speed with the main applied concepts of accounting and economic logic for business people. Topics Covered
Understand management accounting for non-accountant How to read, interpret and criticise management accounting for non-accountants in a professional way. We review hot to real management accounts and what really matter in such reporting. Understand the financial position and performance reports We review the difference between position and performance reports and how to forensically drill down into such reports to identify key performance drivers and what effect these drivers in order to manage them. Economic interpretation of management accounts We explore the realm between management accounting and economic sound business decisions, and how to bring this interpretation to a higher level of wealth creation in an organisation. 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. Migrating from stewardship to decision making using management accounting We analyse how to use management accounting reports to manage an organisation and how to delegate financial performance to maximise usage of resources and maximising economic wealth. Professional Forecasting and Projecting Future Performance for Results and Motivation We look into the science of professional forecasting methods (macro and micro) and how to use forecasting in order to push the performance envelope to the motivational limits of the team/s in various areas of operation. Creating Wealth through Management Accounting How to create wealth through critical analysis and identification of economic opportunities in management accounting and forensic accounting research in the market. |