The Course Content
Day One: Cost Control and Inventory Management
Defining the two fields of accounting
Inventory management
Linking Inventory to Financial Position
Cost Structure: Fixed costs, Variable costs and Break-even points analysis
Cost Center and Inventory Driven Costs (IDC)
Day Two: Key Performance Indices and Corporate Value Management
Defining corporate value management
Key elements of effective KPI
Global KPI: ROE (Return on Equity) and ROIC (Return on Invested Capital)
KPIs linked to Supply chain Management
SCM capability analysis
Day Three: Mastering Cash Conversion Cycle (CCC)
Defining Cash Conversion Cycle
Differentiating between Operation Cycle and Cash Cycle
Main challenges of CCC
Key steps for an effective CCC
How to accelerate CCC cashing speed?
Purchase/Production, Sales, Inventory management
Day Four: Advanced Accounting Management Tools
Balanced Scorecard with case studies
Six Sigma theory with real case studies
Problem-solving method - PDCA
Visualization of management and autonomy
Effective IT solutions for improving efficiency
Day Five: Environmental, Social and Governance (ESG)
Defining ESG framework
What are Strategic Development Goals?
Steps to setting an effective Integrated reporting
Risk management
Challenges of Environmental issues
Real Case Studies