Mastering a complex environment
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 special prerequisites are required.
Objectives
- Master basic management control tools
- Be able to construct a budget and a medium-term plan, from income statement to cash flow
- Understanding the construction of cost price
Contents
> Management control and steering
-Management Control System
- Positioning and role of the Management Controller
- Steering and action logic
- Process-based organization and ERP
> The forecasting process
- A budget, a PMT(Strategic Plan), a Reforecast: why?
- Step-by-step construction
Understanding and challenging assumptions
Building the forecast income statement, EBIT, EBITDA
Drawing up working capital and future cash flow forecasts
Risks and opportunities, sensitivity analysis
> From general accounting to cost accounting
- Analytical axes and intersection of two analytical axes
- Earnings analysis: margin squeeze, breakeven point, operating leverage
> Costing
- Cost issues
- Costing and inventory valuation
- Transfer prices and inter-company transactions
- Introduction to ABC and ABM
> Performance review
- A performance review: why?
- Management dialogue methods and tools, dashboards, action plans
- Introduction to variance analysis
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: instructional videos and self-assessment quizzes
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 : e-learning module
The trainer is available to answer any questions relating to the training.
>Consult our full training catalog here .
Price
2,090 EXCL.
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management control training
management control training
management control training
management control training
Jonathan C.
Company
Training