Management Training Courses:
Accelerated. Modular. Experiential
Course Title:
|
Management Accounting |
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Planning,
controlling and auditing accounting reports |
Course Methods: Accelerated
experiential workshop (action learning)
Course Venue:
Las Vegas, Nevada, USA
Course Duration:
3 days
Course Time: 9AM-4PM
Course Dates:
Management Training Courses
Calendar
Course Fees:
$2,999
(USD) |
Option 2:
Distance Learning Course $995 (USD)
Course Audience
- CFO's Team: Finance Managers, Treasurer,
Investors Relations Managers, and Accounting Managers
- Non-Finance Managers with P&L responsibility:
Entrepreneurs, General Managers, Business Unit Managers, Operations
Managers, Project Managers, and Management Accounting Consultants.
Course
Objectives
- Provides an understanding of modern
accounting framework
- Offers experiential analysis to
understand the challenges of CFOs and Accounting Managers in
managing financial information
- Covers financial and business accounting
information used for planning, analysis, and control
- Focuses on best practices,
tools, models to facilitate
managerial decision-making
- Provides insights on how to develop strategies, initiatives and programs to
introduce and manage financial controls
- This course focuses on management
decision-making and control. The course does not prepare
participants for passing tax or CPA exams
Training Focus:
- Develop the core
management accounting skills and competencies. The core competencies include
accounting knowledge, planning, control, problem-solving and communication. The
development and evaluation of these skills are based on IIM's proprietary
KASAC
management training model.
Key Concepts
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Accounting Costs, Expenses and Revenues. Profits and Loss,
Break-Even Analysis (BEA), Assets and Liabilities, The Balance
Sheet, Stocks, Shares, Bonds, Earnings and Dividends, Shareholder's
Equity, Cash Flow, Debt Control and Debt Collection Period,
Financial and Performance Ratio Analysis. Public Companies, Analysis
of Annual Reports. Decision Making Using Managerial Accounting,
Audit and Internal Control, Earnings Per Share EPS, EBITDA,
International Accounting Standards (IAS), GAAP, Sarbanes-Oxley (SOX).
Course Outline / Customization Subjects
- Accounting principles, processes and procedures.
- The functions and practices of accountants, including the maintenance of bank accounts, developing
financial statements, cash flow and financial performance analysis
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Accounting systems, types of costs, and cost
allocation, budgeting, performance measurement and reporting
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Development of internal accounting data, and use of
this information to assist internal decision making
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Revenue recognition and cost allocation
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Assets and liabilities, shareholders' equity issues
- The interpretation of
information contained in accounts prepared by public companies
- Understanding the sources of information contained
in accounting statements.
- An overview of modern
capital and operational budgeting
techniques
- Auditing and Control: Managing the accuracy and timeliness of financial reporting. Nature
of internal and operational auditing.
- New regulations with special focus on
Sarbanes Oxley Act (SOX) compliance
Courseware Content
IIM's management accounting training courseware includes:
- Participant's coursework and assessment project guide
- Executive summary of subject matter (in powerpoint lecture notes format):
- Summary of essential concepts and accounting best practices
- Examples and case studies
- Accounting toolkit (management frameworks, decision models,
checklists, etc.)
- Experiential workbased assessment project
- Online resources for the completion of the experiential assessment
project
Performance Evaluation
(Optional):
- Performance will be evaluated on the basis of individual or team
project deliverables
- Candidates can complete customized experiential / work-based
projects such as developing a relevant analysis document, management
strategy, action plan or a senior management presentation
- IIM course advisor will review the deliverables and provide improvement
feedback
- There are no traditional quizzes or theoretical exams.
Course
Prerequisites:
- For accelerated team workshops, participants must have
similar levels of experience. This is not required for
public courses or individual self-paced distance-learning courses
Course
Registration:
- Management Accounting Training Course
- Accelerated workshop (classroom option)
- Course venue: Las Vegas, Nevada, USA
- Requires registration, application review and seat
reservation.
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Training Course
Registration |
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