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