|Full time Accounting Educator:
When an organization fails, it is usually due to several factors. These factors often result from a number of undetected poor practices that infect and grow throughout the entire organization. They can include a lack of understanding of costs, poor asset allocation, systems that support the status quo, failure to identify risk, tunnel vision by management, and so on. Often, management will repeat poor practices across the enterprise. For example, do you think a "budgeting crisis" is normally due to the budget, or is it actually due to hidden existing problems that were uncovered through the budgeting process?
This CPE course demonstrates the use of practices and techniques specifically designed to assist CPAs and other financial professionals in adding value to their company through improved decision making, cost management, understanding business cycles, managing continuous improvements, cash management, and risk management. Examples of actions by both successful and failed organizations are used throughout the course.
Owners, controllers, treasurers, financial officers, and other financial managers in organizations with less than $250 million in sales
* Identify and correct organizational practices that can negatively impact the entity's success * Determine and measure cost drivers and trends * Recall how to navigate an organization through the business cycle * Apply and manage a variety of organizational improvement programs * Apply cash management activities and consolidate them into an organization's plans * Identify how to manage risk throughout the enterprise