الأهداف
Use management accounting tools to:
- Enhance operational management decision making ability
- Improve performance management and control capability
- Improve working capital effectiveness
الخطوط العريضة
Understand Basic Financial Statements and Terminology
- Balance sheet – assets, equity and liabilities
- Profit and loss account – matching revenues to expenses
- Accruals accounting- Difference between profits and cash
- Understand the use of Absorption Costing in decision making
- Product costing – direct and indirect costs
- Management of overheads – over / under absorption and its impact on marketing
- Use of absorption costing in pricing decisions
- Sales Planning and Forecasting
- Understanding the importance of effective sales forecasting, its impact on budgeting management and company performance
- Pricing policies - Impact of price on profitability
- Tracking profitability performance ratios
- Using marginal costing techniques
- Effective Working Management
- accounts receivables management
- inventory management – inventory turns
- accounts payables management
- Measuring working capital management - operating cash cycle
من ينبغى أن يحضر
For all senior financial and executives in every functional management area and industry.