Management Accounting for Managers
3 days|Delivered on request
This programme is for the person accountable for the work rather than the person doing it. It covers cash flow forecasting and financial instruments from the position of someone who must review, approve and answer for the output. Managers carry this because audit findings are now a reputational matter as much as a technical one, and the accountability does not delegate cleanly. Delegates leave able to work confidently with internal controls, financial statement preparation and budgeting and variance analysis in their own organisation.
What delegates leave able to do
- Bring internal controls into line with current good practice, measured against IFRS for SMEs
- Put financial statement preparation on a footing they can defend to a reviewer
- Make a decision about budgeting and variance analysis without waiting for a specialist
- Take ownership of revenue recognition rather than escalating it
What the course covers
- Cash flow forecasting
- Financial instruments
- Internal controls
- Financial statement preparation
- Budgeting and variance analysis
- Revenue recognition
- Working capital management
Who should attend
- financial managers
- group reporting specialists
- financial accountants
- CFOs and finance directors
- audit committee members
