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ISP TrainingsInnovative Special Projects

Managing Revenue Recognition

3 days|Delivered on request

This programme is for the person accountable for the work rather than the person doing it. It covers consolidation and budgeting and variance analysis from the position of someone who must review, approve and answer for the output. Managers carry this because boards increasingly expect finance to explain the business, not only report on it, and the accountability does not delegate cleanly. Delegates leave able to work confidently with impairment testing, working capital management and financial statement preparation in their own organisation.

What delegates leave able to do

  • Take ownership of impairment testing rather than escalating it, measured against IFRS for SMEs
  • Put working capital management on a footing they can defend to a reviewer
  • Bring financial statement preparation into line with current good practice
  • Make a decision about cost allocation without waiting for a specialist

What the course covers

  • Consolidation
  • Budgeting and variance analysis
  • Impairment testing
  • Working capital management
  • Financial statement preparation
  • Cost allocation
  • Management accounting

Who should attend

  • internal auditors
  • management accountants
  • CFOs and finance directors
  • financial managers
  • financial accountants
A finance professional working through figures at a desk

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