The Manager And Financial Data (Management Decisions, Budget Planning And Control)

This training for non-accounting managers illustrates the use of accounting information in decision-making by focusing on the notions of planning and control of management accounting. You will leave with the ability to diagnose your business's problems, analyze their depth and recommend realistic solutions.

You will be made aware of cost behavior, forecasting techniques and the use of budgets. You will be introduced to the implications and operation of management control, in addition to understanding the main tools for measuring profitability and making profitable decisions.

Goals:

• Master management control tools and forecasting techniques.
• Evaluate and measure the profitability of business decisions.
• Know how to use budgets in the management of your organization.
• Compare the profitability of different investment projects.
   

Is This For You?

• Managers
• Middle and senior managers

Program:

• Cost identification: variability and controllability
• Profit margins: contribution to profitability and operational decision-making
• The budget process: a tailor-made tool for specific needs
• Examine the relationship between revenue and costs
• Budget monitoring: pinpointing the problems
• Compliance with objectives: analyze gaps and correct the route
• Investment management: measuring the performance of large-scale projects