Business Financial & Accounting Skills

Effective planning and control entail developing skills that go far beyond mastery of any one discipline. This program addresses key issues, such as cost analysis, continuous improvement of cost assignment, budgeting, management control, and performance evaluation. In so doing, the program pushes delegates to understand the cause-and-effect relationship among business strategy and vision, operational objectives, measures, and targets, as well as advanced performance measurement and reporting. The program focuses on:

• Master the finance and accounting jargon to understand business processes
• Cost analysis for budgeting purposes and decision making
• Financial and operational measures to support the budgeting process
• Best practices to manage organizational performance
• Link strategy to costing and performance evaluation

• Understand the finance and accounting jargon
• Learn costing and budgeting terminology used in business
• Determine the full costs of outputs for the goods and services provided
• Master traditional techniques and recent best practices
• Link finance and operation for budgeting purposes and strategy execution
• Learn how to build a comprehensive performance measurement system

• Management accountants and cost accounting professionals
• Finance managers and financial controllers
• Budgeting and cost control specialists
• Business analysts and performance measurement professionals
• Operations and production managers involved in cost management
• Project managers responsible for budgeting and control
• Department heads and functional managers (HR, sales, operations, etc.)
• Internal auditors and compliance officers
• Non-financial managers who need financial literacy for decision-making
• Professionals involved in strategic planning and performance evaluation
• Individuals seeking practical skills in costing, budgeting, and performance management systems