Finance is the study of how people allocate their assets over time under conditions of certainty and uncertainty.
Banking can be defined as the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit.
Course Title: Strategic Management Accounting
Venue: Mbabane, SWAZILAND
Learning Duration: 2 Weeks
Starting: 2 Jul 2018 Ending: 13 Jul 2018
Fees: 1500 USD
Payment Details: To cover tuition and training materials only.
Strategic management accounting has an interdisciplinary role with a crucial contribution to strategic planning and management. It provides the interface between financial and business performance with a focus on adding value to the business, rather than emphasizing financial control. It highlights the link between strategy and resource management focusing on the effective use of an organization’s financial and other resources in creating value for clients. Participants will learn the tools and techniques and improve their ability for effective evaluation, assessment and interpretation of management accounting information.
WHO SHOULD ATTEND?
Finance Managers, Senior Accountants, Management Accountants and middle level managers working in finance departments of a wide array of organizations in private and public sector as well as non-governmental institutions.
HOW YOU WILL BENEFIT
Examine the management accounting and control systems appropriate to the strategic needs of organizations.
Develop and critically appraise management accounting information and control systems that will play an important role in the overall success of the organization.
Apply strategic management accounting tools and techniques to improve the contribution and sustainability of value-creating activities in an organization
Strategic Management Accounting concepts, tools and techniques
Corporate strategy and Strategic Management Accounting
Design and review of management accounting systems
Strategic Cost Management
Strategic Management Accounting in Projects
Strategic Management Accounting and managing organizational value