Key details
Mode of delivery: Online Course
Course code: AFB31FO
Duration: 1 day
Fee: £740.00 + VAT
CPD Hours: 6
Course Overview
This session explores the evolving role of managerial accounting, highlighting differences in measuring products versus services. Participants will understand the functions of a strategic management accountant and learn how to incorporate beyond budgeting approaches for more flexible and strategic financial management. The focus is on adapting accounting practices to meet modern organizational needs.
Agenda
Changing Nature Of Managerial Accounting
- The Measurement Of Products Vs That Of Services
- The Role Of The Strategic Management Accountant
- Understanding How To Incorporate Beyond Budgeting
Course Review
- Summary And Recap Of Key Learning Objectives
- Action Planning
Target Audience
This course is suitable for:
- Management Accountants, Financial Analysts, and Finance Business Partners
- Finance Managers, Financial Controllers, and Business Unit Leads
- Strategic Planners, Business Analysts, and Corporate Performance Professionals
- Data Analytics, Business Intelligence, and Financial Data Professionals
- Risk, Investment Appraisal, and Capital Decision-Making Professionals
- Operations Managers and Business Unit Leaders linking finance with performance
- Budgeting, Forecasting, Beyond Budgeting, and KPI Management Professionals
- Professionals preparing for senior management accounting or finance strategy roles
Learning Outcomes
By the end of this course, you will be able to implement a successful strategy that enables you to:
- Distinguish between performance measurement techniques for products versus services.
- Describe the role of a strategic management accountant in modern organisations.
- Explore the concept of “Beyond Budgeting” and its relevance in agile financial management.
