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The CFO Series provide a convenient, one-stop way for CFOs and those who aspire to be CFOs, to learn about four related topics in a single day. These forum-style classes feature high-quality presentations and the interactive, executive level colleague-to-colleague approach CFOs have come to expect from Executive Education, Inc. Prepare to perform at an even higher level.
2 Accounting credits
Poor strategy execution frustrates many executives as their organizations struggle with performance improvement, making decisions using intuition in the absence of hard data. Corporate performance management (CPM) seamlessly integrates many techniques including strategy maps and a balanced scorecard. Together they align manager and employee behavior, actions, and priorities using key performance indicators (KPIs) with specific targets to enable accountability.
Critics have claimed that traditional managerial accounting is at best useless and at worst dysfunctional and misleading. Most line managers do not trust their management accounting data.
21st Century management accounting develops cost/unit metrics that are useful for budgeting, cost analysis and control. Current methods bring truly accurate fact-based costing visibility, tracing costs and identifying cause-and-effect relationships rather than broadly allocating overhead. This information provides the ability to reveal the true profit margins for products as well as for specific sales channels and customers.
The CFO Forum provides extensive case study analysis and many opportunities for group discussion.
Instructor: Gary Cokins
Developer: Executive Education, Inc.
Area of Study: 4 Accounting
Prerequisite: Management experience
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