Acquire the fundamentals
Target audience
- Consolidation Managers
- Contrôleurs de gestion
- Responsables financiers, consolidation et comptables
- Responsables opérationnels accédant au Contrôle de gestion
2 day
Management control training
Prerequisites
No prior knowledge is required.
Objectives
◗ Using basic management control tools
◗ Build a budget and a medium-term plan, from income statement to cash flow
◗ Applying costing techniques
Training program
◗ Understanding management control and performance management
- The management control system and defining performance
- Positioning and role of the Management Controller
- Steering and action logic
- Process-based organization and ERP
✔ UNDERSTANDING | Illustration: the performance triangle (Hubault)
✔ APPLY | Case study: analysis of the "Engineering Academy" case and transformation
into a profit center
✔ EVALUATE | Quiz: in your opinion... What levers to encourage action?
◗ The forecasting process and its construction
- A budget, a PMT (Strategic Plan), a reforecast: why?
- Step-by-step construction
- Understanding and challenging assumptions
- Drawing up the projected income statement, WCR and cash flow forecasts
cash flow forecasts (direct and indirect methods)
- Analysis approaches, margin squeeze, break-even point, operating leverage Risks and
Opportunities, sensitivity analysis
✔ APPLIQUER | Case study: calculating requirements and operational leverage
✔ APPLY | Workshop: identifying levers for improving WCR
✔ ASSESS | Quiz: what do you think... What are the limits of budget planning?
◗ Understanding cost accounting and cost price construction
- Analytical axes and perimeters
- Costing and inventory valuation
- Transfer prices and inter-company transactions
- Introduction to ABC and ABM methods
✔ UNDERSTANDING | Illustration: how much does an iPad cost?
✔ APPLY | Case study: MOD rate calculation, stock valuation
✔ EVALUATE | Quiz: in your opinion... What examples can be given of allocation keys?
◗ Performance review
- A performance review: why?
- Management dialogue methods and tools, dashboards, action plans
- Introduction to variance analysis
✔ UNDERSTANDING | Illustration: role and responsibility of the management controller
✔ APPLY | Case study: redesigning the performance management framework
✔ EVALUATE | Quiz: in your opinion... When to readjust fixed costs allocated in
hourly rates?
Why choose this course?
Management control is at the service of companies' economic performance management. This training course will help you identify the areas and levers of your company's performance. It will help you define the priorities for improving performance, based on your company's organization and culture. For each of the topics covered, you will learn how to situate the expected contribution of management control and identify the appropriate steering tools. Using a strategic decision-making approach, you'll learn how to analyze costs, assess project profitability and align financial resources with corporate objectives. Concrete case studies and practical tools will enable you to apply the concepts directly.
Teaching and assessment methods
Before: self-assessment quiz
During the session: alternating theoretical developments and illustrations drawn from real-life cases. Participants are put into real-life situations.
Numerous case studies are used to validate the acquisition of skills as the training progresses.
After : The trainer is available to answer any questions relating to the training.
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Price
2,090 EXCL.
Testimonials
management control training
management control training
management control training
management control training
Jonathan C.
Company
Training