Management Accounting for Enhancing Corporate Values and Strengthening Operations
Course Info
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Course Details
Introduction
Objective
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Management accounting is the way toward getting ready administration reports and records that give precise and opportune budgetary and measurable data to directors to make a present moment and long haul choices. It recognizes, measures, breaks down, translates, and conveys data to empower an association to seek after its objectives.
This Management Accounting training course is designed to cover the role and importance of synchronizing corporate financial management indicators and supply chain management indicators to enhance corporate value and strengthening operations in terms of the cash conversion cycle.
Delegates will leave with a clear understanding of KPI used for finance and supply chain and the latest financial statements, case studies and effective management theories, specific measures, and IT solutions to enable them to make an effective contribution to the workplace.
Course Outline
Inventory and Finance
- Management Accounting and Financial Accounting
- Basic knowledge on inventory from financial perspectives
- Inventory and financial statements
- Inventory Driven Costs (IDC)
- Fixed costs, Variable costs and Break-even points analysis
- Profit is opinion, Cash is fact
