To compete successfully in the global market of the 21st century organisations need more than just a great idea and a plausible strategy. World class companies establish industry leading positions by using effective performance management systems to provide a framework for developing, executing and managing winning strategies. These powerful systems link strategy to operations and provide a comprehensive set of financial and non-financial measures with which to manage strategy execution.
This one-day course will cover:
Financial Accounting: Basic accounting rules and laws, financial accounting, the annual report
Annual Accounts: Annual accounts: profit and loss and the balance sheet, interpreting accounts
Management Accounting: Management accounting, direct and Indirect Costs
Costs: Budgeting, costing, contribution analysis
Decision Making: Decision making and capital investments
BenefitsIncrease your confidence in working with financial numbersIncrease your own awareness of how numbers can be utilised to improve operational efficiency
Understanding of financial accounting and management accounting
This highly interactive one-day course is focused on the key elements of measuring and managing business performance, from formulating organisational goals and converting them in to financial and non-financial objectives, to formulating and executing a winning competitive strategy within the framework of an effective performance management system.
Cost: £590 + VAT/ £450 + VAT for multiple bookings