23 - 27 Sep 2024
Kuala Lumpur (Malaysia)
Hotel : Royale Chulan Kuala Lumpur
Cost : 5250 € Euro
In today’s dynamic business environment, accounting management plays a critical role in shaping financial strategy and driving organizational success. This course, "Advanced Accounting Management for Strategic Financial Leadership," is designed for financial leaders who aim to integrate advanced accounting techniques into broader strategic decision-making. The course will cover sophisticated accounting tools, financial performance analysis, and strategic planning frameworks, preparing participants to lead their organizations with financial insight and strategic foresight.
Chief Financial Officers (CFOs)
Financial Directors and Controllers
Senior Accounting Managers
Finance and Accounting Professionals responsible for strategic decision-making
Corporate Planners involved in financial strategy
Senior professionals looking to transition into leadership roles in accounting and finance
By the end of this training, participants will be able to:
Apply advanced accounting principles to guide financial strategy and planning.
Analyze and interpret financial statements for strategic decision-making.
Leverage financial data to enhance organizational performance and competitive advantage.
Implement advanced cost management and budgeting techniques.
Develop long-term financial strategies based on in-depth financial analysis.
Integrate risk management with accounting practices for strategic leadership.
Collaborate effectively with executive teams to align financial goals with overall business objectives.
Day 1:
Advanced Financial Accounting Techniques
Review of advanced financial accounting concepts
Financial statement analysis for strategic decision-making
Techniques for revenue recognition, expense management, and financial reporting
Consolidations, mergers, and acquisitions: Accounting implications
Case studies: Real-world applications of advanced accounting in strategic leadership
Learning Outcome: Mastery of advanced accounting principles and their application to financial strategy.
Day 2:
Strategic Financial Planning and Budgeting
The role of accounting in strategic financial planning
Advanced budgeting techniques: Zero-based budgeting, rolling forecasts, and activity-based budgeting
Capital budgeting and investment analysis
Aligning budget management with organizational goals
Financial planning tools and systems for strategic leadership
Learning Outcome: Ability to integrate advanced budgeting techniques with strategic financial planning.
Day 3:
Financial Performance Management and Analysis
Key performance indicators (KPIs) and their role in financial leadership
Techniques for analyzing profitability, liquidity, solvency, and operational efficiency
Balanced scorecard approach for aligning financial performance with strategy
Data-driven decision-making for improving financial outcomes
Financial dashboards: Visualizing and reporting financial performance
Learning Outcome: Skills to evaluate and manage financial performance for strategic impact.
Day 4:
Advanced Cost Management and Control
Cost management strategies: Activity-based costing, target costing, and lifecycle costing
Techniques for managing fixed, variable, and overhead costs
Financial leadership in controlling costs and improving efficiency
Implementing cost control systems to maximize profitability
Case studies: Cost management strategies for achieving financial leadership
Learning Outcome: Proficiency in cost management strategies to enhance profitability and organizational efficiency.
Day 5:
Risk Management and Strategic Financial Leadership
Identifying and managing financial risks in strategic decision-making
Integrating risk management with advanced accounting practices
Developing risk-adjusted financial strategies for long-term growth
The role of financial leadership in managing economic uncertainties
Final project: Developing a strategic financial plan with risk management integration
Learning Outcome: Capability to manage financial risks and integrate them into strategic financial leadership.