Modern Management Accounting Update

This course will give you an understanding of new developments beyond the traditional, budget-constrained model of the firm using case studies from successful companies.

Programme includes:

• Review of modern management accounting developments
• The new finance function – trends in the role of the accountant
• ‘Beyond budgeting’ and the move to managing businesses via a smaller number of key performance indicators
• Balanced scorecard developments – how the balanced scorecard has moved from a measurement tool to a strategy management tool
• Value based forecasting – how to build budgets and forecasts linked to the core objective of maximising shareholder value