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Program Description:
The accounting department has radically changed.
Have your management skills changed with it?
As a financial manager, you are entrusted with the responsibility of managing one of your organization’s most precious commodities – money. In fact, your organization depends on your ability to provide accurate financial information and business forecasts.
More and more, organizational leaders are relying on your financial analysis, interpretations, and forecasting to make better business decisions. That’s why it is essential that you attend The Changing Role of the Accounting Manager 2006. This all-new workshop will give you the tools you need for improving efficiency, managing finances, analyzing, interpreting, and forecasting data and much more.
Master the Secrets of Effective Reporting, Analysis, and Forecasting
You don’t just “manage the numbers” of your business. Your reporting and analysis provide valuable insight for business decisions. It is essential that you have the skills to get the job done accurately and efficiently. At this workshop, you’ll learn what red flags to look for in your reports, how to turn your data into meaningful information anyone can use, and which financial models work best for making investment decisions. And that’s just for starters!
Learn Effective Ways to Protect Your Organization’s Finances and Assets
It’s your job to protect your organization’s finances and assets. Without the right controls and processes in place, your organization is at risk for fraudulent activity, costly errors, and potential legal penalties. When you attend this workshop, you’ll learn proven methods for establishing internal controls, discovering where your processes are most at risk, and implementing easy methods for eliminating errors.
Get the Techniques, Strategies, and Secrets Top Financial Managers Rely On
Managing any department is hard – but managing an accounting department is even harder. You have the responsibility of managing an area that has undergone radical changes, with no end in sight! You’ll learn how to structure your department for maximum efficiency and how to anticipate the needs of top management. This workshop is designed to give you the most effective proven techniques, strategies, and secrets for running an efficient accounting department.
Make the commitment right now to update your knowledge and improve your skills by joining your accounting peers for two career-enhancing days of training guaranteed to make all the difference in your career and success.

What You'll Learn:
Attend this information-packed training, and you’ll find out how to …
- Protect your organization from fraud by recognizing red flags in your cycles
- Establish rock-solid internal controls
- Make informed decisions on outsourcing accounting functions
- Anticipate the needs of key decision makers in your organization
- Maximize investments and minimize risk with financial models ROI, NVP, IRR and more
- Communicate financial information in a way that everyone can understand
- Accelerate monthly and year-end cycles for more reliable information
Workshop Agenda:
Your Role as a Financial Leader
- How legislative and technological changes have radically altered accounting departments in just a few years
- Challenges facing you as a managing accountant/controller
- Why so many financial leaders are focusing on the future
- Establishing yourself as a vital player on your organization’s team
Managing Your Organization’s
Finances for Greater Success
- Protecting your organization from top- dogs IRS, SEC, and FASB
- Accelerate and optimize monthly and year-end closing cycles for more reliable information
- Streamlining the auditing process – what every financial manager should know – and do
- Best practices in controlling and administering operating budgets
- Keys to selecting technology for increased speed, accuracy, and efficiency
- New financial and nonfinancial measures you need to know about
Moving Beyond Traditional Reports to Maximize Your Information Output
- Identifying potential snags in financial reporting and how to avoid them
- How your organization’s main indicators of success fit into the reporting process
- Ensuring everyone who gets your reports understands what they’re reading
- Are your reports accurately portraying the state of your business? Five things you should look at so they won’t be misinterpreted.
- Working around the limitations of GAAP
- Find out where finance reports fail
- The most common areas of misinterpretation in financial reports
More than Numbers: Analyzing, Interpreting, and Forecasting with
Your Data
- Understanding the benefits of accurate forecasting
- Using plans, budgets, and past performances to measure progress, look for trends, and predict financial pitfalls
- Maximize investments and minimize risks using financial models ROI, TCO, Payback Period, NPV, and IRR
- Turning your numbers into meaningful, usable data for your organization
- Monitoring your cash flow for better investment decisions today and tomorrow
- Where to look for hidden opportunities to increase your bottom line
Safe-guarding Your Organization’s Finances and Assets
- Establishing a solid framework for internal controls
- Recognizing where your cycles are most at risk for fraud
- Eliminating errors, duplications, exclusions, and the need for double-checks
- Learn which key financial areas should always be monitored
- Innovative ways for eliminating the number of outstanding customer payments
Working with Other Departments and Top Management
- Asking the hard questions about budget proposals, past performances, and other sticky situations
- What today’s CEOs expect from their financial managers
- Communicating financial information in ways nonfinancial managers can understand
- Getting what you need from other departments – the way you need it
- What top managers really want from you
Building Your Reputation as a Powerful Financial Manager
- Prioritizing your responsibilities to get more done in less time
- Moving beyond past data and looking toward the future
- Essential skills for effective financial management
- Turning your department into a revenue- generating machine
Presentation Pointers – Getting Your Message Across
- Getting straight to the point with time- pressed executives
- Easy ways to simplify and organize
your data
- How too much detail can wreak havoc on your presentation
- Understand and avoid the most common mistakes financial managers make during presentations
- How to make your presentations easy for everyone to understand
Managing Your Team for Greater Efficiency and Productivity
- Structuring your department for maximum efficiency and performance
- Which responsibilities you can turn over to employees – and which you should never delegate
- Hiring practices for today’s accounting department: what you should be
looking for
- Outsourcing: understanding the risks and benefits, what to outsource, and what to keep in-house
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