This advanced course for financial controllers emphasizes just-in-time information, dynamic budgeting and forecasting, statistical applications and the use and control of financial information.
Understand current accounting issues.
Understand the organization, reporting, and information management for financial controllers.
Understand state-of-the-art statistical information techniques.
Understand alternatives to standard A/R and A/P: purchase and sales order controls, EDI, and EFT systems.
Understand alternatives to monthly close.
Understand how financial controllers can set up a managerial information network.
Understand dynamic planning, budgeting, and forecasting for financial controllers.
Financial Professionals, Finance Controllers, Treasurers, and Inventory Professionals
Senior Professionals with direct responsibility for financial management and control
Accountants, Sales, and Purchasing Professionals and those responsible for the relationship with banks
Any Professional, at junior or senior level, who is a part of the financial decision- building a team
New Interns and Trainees with finance-related responsibilities
Head of Departments, Process Owners, Administrative Personnel associated with budget management
Get the Techniques to Translate Corporate Strategies into Workable Budgets and Operational Plans.
Step into an Important New Corporate Role: Growth Manager.
Improve Decision Making in the Face of Uncertainty.
Control Costs and Deploy Resources More Effectively.
Become an Active Participant in Strategic Planning.
Understand Management Accounting.
Analyze the Relationship of Management Accounting and GAAP Accounting.
Develop and Learn the Flow Concept of Information.
Review the Flows of Information in GAAP Accounting.
Understand the Eleven Information Segments Required.
Understand Accounting’s Position in Current Organizations.
Understand the Changes in Approaches to A/P and A/R.
Understand the Relationship of the Various Segments of Business to the Controller.
Realize the Power Position of Information.
Understand the Flow Control Related to the Procurement Function.
Determine the Controller’s Relationship in Controls and Processes.
Understand the Three Flows and Their Relationship to the GL Process.
Learn the Use of EDI and EFT Processes.
Discuss A/R and the Evolution to Control and Automation.
Understand the Role of Information in the Modern Organization.
Learn the Evolution of Information Processes.
Understand the Position of Information Resource Centers in the Organization.
Understand the Use of Relational Database Techniques.
Develop the Process of Objective Setting and Relate That to Planning.
Learn the Flow Process of Forecasting and Budgeting.
Understand Approaches to the Budgeting Process.
Understand the Process of Dynamic Use of Information.
Understand Dynamic Planning, Forecasting, and Budgeting Using the Internet.
Understand the Use of Statistics in Finance.
Learn the Techniques Used in Statistics in Finance.
Understand the Applications Best Suited for Statistical Techniques.
Discuss Future Strategies for Controllership.
Analyze the Changes in Information Strategies.
Grasp the Implications of Change on the Controllership Function.
Understand the Opportunities Provided by the Changes.
Realize the Power Position of the Controllership Process.
Consider Future Strategies in Relation to Current Operating Position.
The world is packed with information; and most organizations struggle to recognize what information they have, why they need it, how long they need it for, and if it has any value. Furthermore, changes in the law, such as the recent changes in the UAE employment law, often call for tighter controls on contract documentation, and lead to a need for enhanced management of human resource and contract records. In addition, electronic information is under threat from cyber-attack and personal information is at risk of exposure. As such, the development and implementation of a records management program that includes document control methods to identify, secure, and protect critical information, is necessary for every organization.
The world is packed with information; and most organizations struggle to recognize what information they have, why they need it, how long they need it for, and if it has any value. Furthermore, changes in the law, such as the recent changes in the UAE employment law, often call for tighter controls on contract documentation, and lead to a need for enhanced management of human resource and contract records. In addition, electronic information is under threat from cyber-attack and personal information is at risk of exposure. As such, the development and implementation of a records management program that includes document control methods to identify, secure, and protect critical information, is necessary for every organization.
Organizations typically start using electronic document management systems to transform paper-based operations after reaching an internal tipping point in which customer response times become too slow, departments don’t have enough bandwidth to solve recurring process bottlenecks, paper archiving becomes too costly or large-scale regulatory risks are exposed during a data breach or compliance fines.
For organizations that have defined but resource-intensive business processes, EDMS is an ideal fit. Document management helps organizations across industries sidestep this busy work entirely by eliminating manual document maintenance, reclaiming valuable staff time, and boosting the bottom-line.
It is universally recognized that for any company to succeed it must take a proactive approach to risk management. Over the last few years, Companies and several countries legislators have been focusing on Process Safety as a method to reduce the risks posed by hazardous industries. Process Hazard Analysis (PHA) is recognized as being a critical tool in the implementation of a successful risk management system
The level of competition in current business environments requires a focus on practices that assist in the management of personal and workgroup tasks, priorities, and projects. All types of organizations need to find more productive means to offer their products and/or services, so goals are established and tasks assigned to better meet customer and stakeholder needs. A focus on the use of productive practices allows for effective and efficient management of project work, establishing priorities and meeting deadlines, and is an important part of customer service.
Through training as a lead disaster recovery manager, you can gain the knowledge and skills required to assist a company in creating, administering, and executing a disaster recovery plan. You will learn about business continuity management's best practices for disaster recovery processes and ICT disaster recovery services throughout this training course.