Management Accounting Excellence
London Business Training & Consulting
Key Information
Campus location
London, United Kingdom
Languages
English
Study format
On-Campus
Duration
1 week
Pace
Full time
Tuition fees
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Application deadline
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Earliest start date
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Introduction
Investment appraisal aids decision-making when choosing capital projects that add value to an organization. This course demonstrates techniques to track the financial performance of an organization.
By attending this course, finance teams will recognize how the need to change is constant.
The course will wrap with a summary of the key learning points, followed by an action planning exercise with a view to apply the acquired knowledge and skills immediately upon your return to work. Post-course support is also available in relation to the implementation of your action plan, up to six (6) months following course completion.
Agenda
Investment Appraisal for Capital Decisions
Methods of investment appraisal
Non-financial aspects of investment appraisal
Risk in investment appraisal
Financial management of capital projects
Measuring Financial Performance
Comparison of performance to budgets
Accounting for responsibility
The importance of performance indicators
The Balanced Scorecard
Changing Nature of Managerial Accounting
Roadmap for finance effectiveness
From tangibles to intangibles
The stakeholder model of an organization
Beyond budgeting
Understanding Financial Data Analytics
The properties of data
Steps in the analytics process
How organizations use analytics
Course Review
Summary and recap of key learning objectives
Action Planning
Target Audience
This course is suitable for:
- Those who wish to extend their understanding of the management accounting function to a more strategic level.
- Finance staff who are in a position to make managerial decisions.
- Non-financial staff who need to understand the accounting function at a strategic level.
Learning Outcomes
Upon completion of this course, you will understand:
- The investment appraisal process and its management.
- Why and how measuring performance answers the question did we achieve what we set out to achieve and how do we spot warning signs on the way.
- How and why finance teams need to question and enhance the relevance of their function.
- How to implement an Action Plan at your workplace using the knowledge and skills acquired through the course.