Strategic Management Accounting Workshop

Enhance finance performance and drive transformation as a strategic business partner

  • May 7th - 8th, 2019
  • TBC, Hong Kong

OVERVIEW

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- Strategies to unlock management accounting as a change agent
- Integrated budgeting, planning and forecasting
- Adaptive planning with continual refreshment
- Value chain analysis and process improvement

SPONSORS

Become a Sponsor

PARTNERS

Become a Partner

PRICE & DISCOUNTS

Hurry!

Current discount ending!

18 Days

Prices start at

$1495*

More people? More savings!

3 - 4

Delegates

10%

Discount

5 - 7

Delegates

15%

Discount

8 +

Delegates

17%

Discount

THE SCHEDULE

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Workshop Day One
Workshop Day Two
Strategic Management Accounting Workshop - 7 May

Workshop

Introduction to organisational and strategic planning

- Background to strategic planning in organisations

- Map key drivers of competitive advantage and collaboration

- Value chain analysis, logic models and analysis tools

- Link strategic planning frameworks to financial planning, budgeting and organisational performance management


Innovative budgeting techniques

- Advanced and forward-looking budgeting techniques

- Apply activity-based budgeting, zero-based budgeting, output-budgeting and priority-based budgeting

- Fine-tune budgeting activities to support decision making


Role of budgets in a modern organisation

- Understand strategic planning and performance management frameworks

- Management reporting accountabilities under traditional models

- Shortcomings of budgeting as a management control tool


Improve business performance by through value-adding analysis and evaluation

- Characteristics of value-adding analysis and evaluation

- Embed value-adding analysis and evaluation into reports

- Develop outcome-based (and lagging) KPIs with predictive and influenceable leading performance behaviours

- Connect finance with business operations and strategy

Workshop

Move towards more dynamic and adaptive forms of forecasting

- Dynamic forecasting approaches - Statistical and probabilistic techniques

- Explore rolling forecasts, driver-based forecasts and simulations

- Evaluate forecasting technique options and application


Implement a rolling forecast process in your organisation

- Identify your organisation’s key business drivers

- Key considerations in the design of your rolling forecast process

- Build your rolling forecast model – How frequently to re-forecast, and how far into the future should you forecast?

- Steps to implement rolling forecast process plans


The role of finance as a business partner

- From bean counter to Valued Finance Business Partner - How to have impact and influence

- What influences executive behaviour? Communication is key!

- Convert knowledge into valuable business intelligence

- Craft strategies for greater engagement with operational managers and senior executives


Translate management accounting into effective management action plans

- Delineate complex ideas to meet stakeholders expectations

- Assist operational management to understand the financial ramifications of their service

- Identify performance improvement opportunities through better strategic planning, process improvement and financial analysis and value-adding techniques

GETTING HERE / THE LOCATION

TBC, Hong Kong

Hong Kong

* Terms and conditions apply

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