Strategic Cost Accounting
5 days|Delivered on request
Strategic Cost Accounting looks at this work from the level at which it is resourced and defended. The focus is on financial statement preparation, lease accounting and how both connect to what the organisation is actually trying to achieve. This matters at the strategic level because audit findings are now a reputational matter as much as a technical one. Delegates leave able to work confidently with budgeting and variance analysis, revenue recognition and capital budgeting in their own organisation.
What delegates leave able to do
- Take ownership of budgeting and variance analysis rather than escalating it, measured against IFRS for SMEs
- Bring revenue recognition into line with current good practice
- Make a decision about capital budgeting without waiting for a specialist
- Improve management accounting within their own organisation
What the course covers
- Financial statement preparation
- Lease accounting
- Budgeting and variance analysis
- Revenue recognition
- Capital budgeting
- Management accounting
- Financial modelling
Who should attend
- finance business partners
- CFOs and finance directors
- group reporting specialists
- audit committee members
- financial accountants
