This course will explore some of the most essential tools for measuring financial and operational success, as well as improving results. Appendices will be provided to give students hands-on applicable materials that can be utilized after completion of the course.
Target Audience
CPAs in public and private practice
Course Objectives
Understand the importance of conducting strategic and operational risk analysis for all facets of business
Be familiar with SOC Scope Audits of Systems of Internal Controls
Determine appropriate critical risk factors
Determine appropriate measures of effectiveness
Understand and utilize an ROIC Tree
Calculate the external funds needed for a business
Identify key elements of lean accounting and process activity mapping
Understand activity-based costing in combination with lean systems
Subjects
Key tools used by businesses and financial professionals across the globe to measure performance
Detailed, real-world examples of businesses utilizing these tools
Prerequisites
Experience and/or exposure to financial management
