Professional Management Training
Courses. Classes. Workshops.

Course Audience 

• CFO's & CAO teams, including finance managers, treasurers, investor relations managers, controllers and accounting managers

• Non-finance managers with P&L responsibility, including entrepreneurs, general managers, business unit managers, operations managers, project managers, and management consultants

• Note: This course is designed for government and corporate professionals; we do not accept students seeking initial employment or postsecondary education

Course Objectives 

• Provide an understanding of the management accounting framework. How accountants plan, manage and audit of accounting reports

• Offer experiential analysis of the challenges of CFOs and accounting managers in managing financial information

• Cover financial and business accounting information used for planning, analysis, and control

• Focus on best practices, tools, models to facilitate managerial decision-making

• The course focuses on finance management decision-making. It does not discuss in-depth   mathematical calculations or book-keeping processes that can be automated by computer software

Training Focus

• Develop the core management accounting skills and competencies. The core competencies include accounting knowledge, planning, control, problem-solving and communication.

Training Model

• Experiential action learning

• 25%-50% seminar and 50-75% experiential discussion and project work

• The development and evaluation of management skills are based on KASAC training model

Key Course Modules

• Top CFO Questions

• Accounting Principles and Standards

• Accounting Procedures

• Financial Statements: Balance Sheet, Income, and Cash flow

• Financial Performance Analysis (Ratio Analysis and Benchmarking)

• Internal Controls and Audits

• Corporate Governance and Sarbanes Oxley (SOX)

Key Concepts & Best Practices

• Top CFO questions. Top CFO challenges.

• Managerial decision-making using accounting reports and financial statements, including balance sheet, income, and cash flow statements

• Management accounting best practices

• Basic understanding of generally accepted accounting principles (GAAP) framework. International accounting standards (IAS) and international financial reporting standards (IFRS)

• Basic understanding of accounting terminology, general ledgers and charts of accounts

• Key accounting concepts and formulas: Accounting costs. Expenses. Revenues. Profit and Loss (P&L). Break-even Analysis (BEA). Assets and Liabilities. Stocks. Shares. Bonds. Earnings. Dividends. Shareholder's Equity. Cash Flow. Debt. Debt Collection Period. Earnings per Share (EPS). EBITDA. Depreciation and amortization

• Financial Analysis: Business health and performance assessment via financial ratio analysis. Horizontal and vertical financial analysis. Performance, profitability, investment, capital gearing, liquidity, and solvency Ratios

• Capital and operational budgeting techniques

Training Course Customization Subjects (optional)

• Accounting principles, processes and procedures

• Analysis of annual reports of public companies

• The functions and practices of accountants, including the maintenance of bank accounts, developing financial statements, cash flow and financial performance analysis

• Accounting systems, types of costs, and cost allocation, budgeting, performance measurement and reporting

• Development of internal accounting data, and use of this information to assist internal decision making

• Revenue recognition and cost allocation

• Assets and liabilities, shareholders' equity issues

• Understanding the sources of information contained in accounting statements

• Overview of modern capital and operational budgeting techniques

• Understanding audits, internal controls, Sarbanes Oxley Act compliance and management responsibility

Courseware Content (Customized)

The management training courseware includes the following:

1. Participant's coursework and assessment project guide

2. Subject matter handbook and lecture notes

3. Executive summary of the subject matter:

   • Summary of essential concepts and accounting best practices

   • Examples and case studies

4. Management accounting toolkit (management frameworks, decision models, checklists, etc.)

5. Experiential work-based assessment project

6. Online resources for the completion of the experiential assessment project

Performance Evaluation (Optional)

• Performance can be evaluated on the basis of individual or team project deliverables

• There are no Q&A exams or tests. Candidates can choose to complete customized experiential work-based projects such as developing a relevant analysis document, management strategy, action plan or a senior management presentation

• The course advisor will review the deliverables and provide improvement feedback

• The evaluation is a form of management consulting and experiential coaching for performance improvement

Training Course Registration