Introduction
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 Objectives
By the end of this management Accounting for Enhancing Corporate Values and Strengthening Operation training course, participants will be able to:
- Obtain essential knowledge on cash management, Working Capital, management KPI.
- Obtain representation of KPI used for corporate management as well as SCM operations.
- Acquire management theories: Six Sigma, Balanced Scorecard, Amoeba management, IDC.
- Acquire tips to achieve sustainable growth, considering SDGs, ESG and ROE. Acquire IT solutions required for the visualization and activities.
WHO SHOULD ATTEND ?
Management Accounting for Enhancing Corporate Values and Strengthening Operation training course , is ideal for :
- Operational managers.
- Accounting and Financial manager.
- Supply Chain senior managements (Sales, Production, Procurement, Logistics).
- Corporate controllers.
- Risk managers, Auditors.
Course Outlines
DAY #01
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.
DAY #02
Management Accounting and Corporate Value Management
- Corporate value management KPI.
- ROE (Return on Equity) and ROIC (Return on Invested Capital).
- KPIs for leading companies in Japan.
- KPIs related to Supply chain.
- SCM capability analysis & Supply Chain Top 25.
- Accounting fraud risks.
DAY #03
Cash Conversion Cycle
- Operation Cycle and Cash Cycle.
- The basic information on CCC.
- CCC comparison among Japan, U.S. and Global by industry.
- CCC trend for different industries by company.
- How to expedite CCC cashing speed?
- CCC key issues for different companies.
DAY #04
CCC Advanced Course and Management Methods
- Amoeba management methods by Kyocera.
- Balanced Scorecard.
- Six Sigma theory
- Problem-solving PDCA.
- Visualization of management and Visualization of autonomy.
- Effective IT solutions for increasing efficiency.
DAY #05
Specific Measures with a View to ESG and SDGs
- What is ESG?
- What are DSGs?
- Environmental issues.
- Accounts Receivable and Inventory management.
- Operation cycle & Planning cycle.
- Risk management summary.
Schedule & Fees
LOCATION & DATE
08 JAN – 12 JAN , 2023
29 JAN – 02 FEB , 2023
25 MAR – 29 MAR , 2023
Istanbul, Turkey.
Fees
Per participant
USD 5,100
Fees + VAT as applicable
(including coffee breaks and a buffet lunch daily).
Hotel to be assigned.