Managing Internal Controls
3 days|Delivered on request
This programme is for the person accountable for the work rather than the person doing it. It covers revenue recognition and cost allocation from the position of someone who must review, approve and answer for the output. Managers carry this because reporting standards keep moving and finance teams carry the consequence of getting them wrong, and the accountability does not delegate cleanly. Delegates leave able to work confidently with capital budgeting, working capital management and management accounting in their own organisation.
What delegates leave able to do
- Bring capital budgeting into line with current good practice, measured against the Companies Act
- Take ownership of working capital management rather than escalating it
- Explain management accounting to someone who does not do the work
- Improve financial instruments within their own organisation
What the course covers
- Revenue recognition
- Cost allocation
- Capital budgeting
- Working capital management
- Management accounting
- Financial instruments
- Cash flow forecasting
Who should attend
- internal auditors
- financial accountants
- audit committee members
- finance business partners
- management accountants
