Advanced Strategies for Controllers

09-06-2025 - 13-06-2025 3500 أبوظبي

 

Course Introduction:

This course cover the following topics:

  • Current accounting issues
  • Financial organization, reporting and information management
  • State-of-the-art statistical information techniques
  • Alternatives to standard A/R and A/P: Purchase and sales order controls, EDI and EFT systems
  • Alternatives to monthly close
  • How to set up a managerial information network
  • Dynamic planning, budgeting and forecasting

 

Course Objectives:

 

  • Get the Techniques to Translate Corporate Strategies into Workable Budgets and Operational Plans
  • Step into an Important New Corporate Role: Growth Manager
  • Improve Decision Making in the Face of Uncertainty
  • Control Costs and Deploy Resources More Effectively
  • Become an Active Participant in Strategic Planning

 

Who Should Attend?

 

Vice presidents of finance, controllers with at least two years of controllership experience, treasurers, chief accountants

 

Course Outline:

 

Current Accounting Strategies

  • Understand Management Accounting
  • Analyze the Relationship of Management Accounting and GAAP Accounting
  • Develop and Learn the Flow Concept of Information
  • Review the Flows of Information in GAAP Accounting
  • Understand the Eleven Information Segments Required
  • Understand Accounting’s Position in Current Organizations
  • Understand the Changes in Approaches to A/P and A/R
  • Understand the Relationship of the Various Segments of Business to the Controller
  • Realize the Power Position of Information

 

Information Flow Alternatives

  • Understand the Flow Control Related to the Procurement Function
  • Determine the Controller’s Relationship in Controls and Processes
  • Understand the Three Flows and Their Relationship to the GL Process
  • Learn the Use of EDI and EFT Processes
  • Discuss A/R and the Evolution to Control and Automation

 

Information as a Corporate Resource

  • Understand the Role of Information in the Modern Organization
  • Learn the Evolution of Information Processes
  • Understand the Position of Information Resource Centers in the Organization
  • Understand the Use of Relational Database Techniques

 

Dynamic Planning, Forecasting and Budgeting

  • Develop the Process of Objective Setting and Relate That to Planning
  • Learn the Flow Process of Forecasting and Budgeting
  • Understand Approaches to the Budgeting Process
  • Understand the Process of Dynamic Use of Information
  • Understand Dynamic Planning, Forecasting, and Budgeting Using the Internet

 

Delegation

  • Understand the Use of Statistics in Finance
  • Learn the Techniques Used in Statistics in Finance
  • Understand the Applications Best Suited for Statistical Techniques

 

Future Controllership Strategies

  • Discuss Future Strategies for Controllership
  • Analyze the Changes in Information Strategies
  • Grasp the Implications of Change on the Controllership Function
  • Understand the Opportunities Provided by the Changes
  • Realize the Power Position of the Controllership Process
  • Consider Future Strategies in Relation to Current Operating Position 
بحسب مواضيع الدورات
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