Certified Management Accountant - Part 1 training course

Certified Management Accountant - Part 1

Available Dates

Venue

Nov-25-2024

Singapore
Nov-25-2024

Paris
Dec-02-2024

Istanbul
Dec-02-2024

Kuala Lumpur
Dec-09-2024

London
Dec-09-2024

Amsterdam
Dec-16-2024

Barcelona
Dec-16-2024

Dubai
Dec-23-2024

Singapore
Dec-23-2024

Paris
Dec-30-2024

Dubai
Dec-30-2024

London
Jan-06-2025

Amsterdam
Jan-06-2025

London
Jan-13-2025

Barcelona
Jan-13-2025

Dubai
Jan-20-2025

Kuala Lumpur
Jan-20-2025

Istanbul
Jan-27-2025

Singapore
Jan-27-2025

Paris
Feb-03-2025

Amsterdam
Feb-03-2025

London
Feb-10-2025

Dubai
Feb-10-2025

Barcelona
Feb-17-2025

Kuala Lumpur
Feb-17-2025

Istanbul
Feb-24-2025

Paris
Feb-24-2025

Singapore
Mar-03-2025

Amsterdam
Mar-03-2025

London
Mar-10-2025

Dubai
Mar-10-2025

Barcelona
Mar-17-2025

Istanbul
Mar-17-2025

Kuala Lumpur
Mar-24-2025

Singapore
Mar-24-2025

Paris
Apr-07-2025

Amsterdam
Apr-07-2025

London
Apr-14-2025

Barcelona
Apr-14-2025

Dubai
Apr-21-2025

Kuala Lumpur
Apr-21-2025

Istanbul
Apr-28-2025

Singapore
Apr-28-2025

Paris
May-05-2025

Amsterdam
May-05-2025

London
May-12-2025

Barcelona
May-12-2025

Dubai
May-19-2025

Kuala Lumpur
May-19-2025

Istanbul
May-26-2025

Paris
May-26-2025

Singapore
June-02-2025

Amsterdam
June-02-2025

London
June-09-2025

Barcelona
June-09-2025

Dubai
June-16-2025

Istanbul
June-16-2025

Kuala Lumpur
June-23-2025

Singapore
June-30-2025

Paris
June-30-2025

Amsterdam
June-30-2025

London
July-07-2025

London
July-07-2025

Amsterdam
July-14-2025

Dubai
July-14-2025

Barcelona
July-21-2025

Kuala Lumpur
July-21-2025

Istanbul
July-28-2025

Singapore
July-28-2025

Paris
Aug-04-2025

Amsterdam
Aug-04-2025

London
Aug-11-2025

Dubai
Aug-11-2025

Barcelona
Aug-18-2025

Kuala Lumpur
Aug-18-2025

Istanbul
Aug-25-2025

Paris
Aug-25-2025

Singapore
Sep-08-2025

Amsterdam
Sep-08-2025

London
Sep-08-2025

Barcelona
Sep-08-2025

Dubai
Sep-15-2025

Kuala Lumpur
Sep-15-2025

Istanbul
Sep-22-2025

Singapore
Sep-29-2025

Paris
Oct-06-2025

Amsterdam
Oct-06-2025

London
Oct-13-2025

Barcelona
Oct-13-2025

Dubai
Oct-20-2025

Kuala Lumpur
Oct-20-2025

Istanbul
Oct-27-2025

Singapore
Oct-27-2025

Paris
Nov-03-2025

London
Nov-03-2025

Amsterdam
Nov-10-2025

Barcelona
Nov-10-2025

Dubai
Nov-17-2025

Istanbul
Nov-17-2025

Kuala Lumpur
Nov-24-2025

Singapore
Nov-24-2025

Paris
Dec-01-2025

London
Dec-01-2025

Amsterdam
Dec-08-2025

Dubai
Dec-08-2025

Barcelona
Dec-15-2025

Istanbul
Dec-15-2025

Kuala Lumpur
Dec-22-2025

Singapore
Dec-29-2025

Paris

Course Details

Welcome to the " Certified Management Accountant - Part 1" course! This course is designed with care by LPC to equip you with the skills and knowledge needed to excel in financial planning, performance, and analytics.

Throughout this LPC course, you'll gain a deep understanding of various financial statements and reporting techniques. You’ll master planning, budgeting, and forecasting strategies and tools. As we progress, we’ll dive deep into cost management strategies and understand the significance of internal controls, technology systems, and data analytics in modern financial practices.

By the end of this program LPC program, you'll be well-equipped with tools and insights to enhance your financial and accounting acumen and support the strategic objectives of your organization. Join us and unlock the full potential of financial management and reporting with LPC!

By the end of this course, participants should be able to:

Gain a comprehensive understanding of different kinds of financial statements and their applications
Develop integrated reports which has all required elements
Valuate assets and liabilities using various techniques and methods
Identify the effect of equity transaction on paid-in capital, retained earnings, and shareholder’s equity
Apply revenue recognition principles for contracts and different types of transactions
Develop strategic plan for achieving organizational long-term goals, mission and vision
Utilize various techniques for forecasting and estimating expected value
Develop budgets for different cases and scenarios, and create annual profit plan
Manage performance through measuring cost, variance and performance
Utilize costing systems to evaluate and manage costs
Apply lean resource management techniques to mange supply chain
Maintain continues improvement practices of business process
Ensure the compliance with standards and regulations
Understand the function of control and information systems

Management Accountants
Financial Analysts
Financial Managers
Cost Accountants
Accounting Mangers
Budget Analysts
Controllers
Chief Financial Officers (CFOs)
Internal Auditors
Corporate Governance Executives
Business Consultants
Anyone interested in financial reporting, planning and performance management

Course Outline

5 days course

Day 1

Day 2

Day 3

Day 4

Day 5

External Financial Reporting Decisions

Identifying types of financial statements and their purpose, application and components:

Balance sheet
Income statement
Statement of changes in equity
Statement of cash flows
Consolidated statements
Integrated reporting

Discussing the application and limitation of each financial statement
Understanding the purpose and structure of integrated report
Methods for valuating assets and liabilities
Understanding the impact of equity transactions on capital, stock and revenues
The principles of revenue recognition
Strategies to measure income and define gains and losses
Differentiating between U.S, GAAP and IFRS accounting standards

Planning, Budgeting, & Forecasting

The process and techniques for strategic planning
Characteristics of successful strategic planning process
Defining budgeting and its key related terms
Characteristics of successful budgeting process
Understanding various forecasting techniques:

Regression analysis
Learning curve analysis
Expected value

Understanding different budgeting methods:

Annual business plan
Project budgeting
Activity-based budgeting
Zero-based budgeting
Continuous budgets
Flexible budgeting

Understanding how to plan for annual profit
Annual profit plan and supporting schedules

Performance Management

Techniques for measuring cost and variation:

Actual vs. planned results
Flexible budgets for performance analysis
Expectation management
Standards cost systems
Standard cost expectations for variation analysis

Recognizing types of responsibility centers
Techniques for identifying organizational segments for reporting
Methods to measure performance:

Product profitability analysis
Business unit profitability
Customer profitability analysis
ROI
Residual base issues
KPIs
Balanced scorecard

Cost Management

Understanding the types of cost and cost behavior
Understanding different costing systems:

Job order costing
Activity-based costing
Life-cycle costing

Understanding the components of overhead costs and how to determine them
Exploring techniques to manage supply chain and resources
Exploring how to improve business process continuously
Discussing best practice analysis for business process improvement

Internal Controls, Technology & Analytics

Understanding internal control risk and methods for testing
Standards and regulations for internal control
Exploring different system controls and security measures:

General accounting system controls
Application and transaction controls
Technology controls
Backup controls
Exploring different information systems:
Accounting information systems
Enterprise resource planning systems
Enterprise performance management systems

Understanding data policies and procedures and techniques to manage data
Discussing how to transform to technology-enabled finance and automation
Understanding data analytics types and tools
Course recap & Evaluation

Certified Management Accountant - Part 1

Course Info

Course Details

Course Outline

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