Financing is a core process/function in a business that needs executive focus. Bookkeeping is the language of service; understanding and using this language to your company, as a whole, stays the solitary most beneficial capability of management. Prepare yourself by improving your skills in determining the best techniques in money and accounting.

Program Goals of MBA in Money & Accountancy

• Handle and inspire individuals more effectively
• Understand and also successfully use strategic planning strategies
• Make use of the Baldrige efficiency standards as a requirement of excellence and ideal for your organisation
• Focus on genuine firms and their money function and also audit procedures to reveal individuals which aspects have attained finest practices standing
• Eliminate a lot of the mystique connected with the administration of financing and also accounting
• Concentrate on tough yourself to come to be the tactical economic leader of the organisation
• Prepare yourself for future obligations by analyzing ideal methods in these vital functions/processes

Day 1
Getting started with best practices in finance and accounting

• The role of financial management – CFO, Treasurer, and Controller

• The role of functional management with respect to financial management

• The basic financial statements and their articulation

• Evaluating performance and why ROI/ROCE is still a good place to start

• Competitive perspectives related to financial statements

• Best practices in preparing, presenting, and populating financial statements

• Identifying key success factors in industry sectors

• Deriving lessons learned

Day 9
Negotiating for results

• Gaining insight into the negotiating process

• Characteristics of an effective negotiator

• Developing negotiating strategies

• Employing persuasive negotiation techniques

• Achieving the benefits of effective negotiating

• Negotiation exercises

Day 8
Strategic Planning

• Analyzing the strategic planning process

• Achieving competitive advantage

• Utilizing dynamic swot analysis

• Focusing on vision and mission

• The importance of contingency planning

• Examples of strategic success and failure

Day 7
Leading Teams

• Obtaining the benefits of teamwork

• Characteristics of ineffective teams

• Characteristics of effective teams

• Managing conflict in a productive manner

• Understanding team member styles

• Creating a virtual team

Day 6
People management

• The importance of sociotechnical management

• Techniques for effective communication

• Motivating for results

• Enhancing your coaching skills

• Empowering employees for improved performance

• Characteristics of a successful manager

Day 5
Best practices in net present value thinking and next-generation financial modeling

• Best practices in NPV as the ultimate decision criterion

• Benchmarking the use of real options as a next-generation best practice

• Presenting and communicating to executive audiences the best practices in finance and accounting

• Demonstrating next-generation model building

• Challenging the finance function with regards to best practices

• What applications of lessons learned in Mastering Finance and Accounting are applicable to your company and in your markets

• What personal learning plans have been made to enable you to continue mastering Finance and Accounting

Day 4
Best practices in industry / financial analysis and balancing the scorecard

• Best practices in asking financial managers to guide the understanding of a sector with ratios and other financial statements

• Benchmarking treasury management – cash, FOREX, working capital, and CAPEX

• Best practices in controllership – planning, control, costing, and profitability

• Benchmarking value creation from the controllership function

• Finding best practices in non-financial inputs to financial statements

• Activity-based costing, time-based costing, and competence-based costing and financial analysis

• Where financial management fits into the balanced scorecard

• Deriving lessons learned

Day 3
Best practices in annual reports, footnotes, and corporate governance

• Best practices in annual reports using IFRS, or other standards

• Role of exchange commissions and social policy

• Best practices in reconciling accounting standards and reporting

• Best practices in examining corporate governance and shareholder value as well as stakeholder value

• Benchmarking external reviews, industry reports, and analyst reports

• Best practices in boards of directors and their move to financial literacy

• Benchmarking shareholder value measures

• Deriving lessons learned

Day 2
Best practices in early review and projections of strategy via financial statements

• Short-term success evaluations process and measures

• Weak signals for future strategic adjustments

• Buy, sell, or hold investments

• Best practices in financial review compared to targets and expectations

• Financial performance measurement systems

• Best practices in finding and using key accounting assumptions

• Compare business system to financial results

• Deriving lessons learned

Day 10
Operational Excellence

• The Malcolm Baldrige quality award-standard of excellence

• Lessons from the best-performing companies

• Benchmarking your operation against the best

• Creating employee commitment

• Managing continuous improvement

• Creating the high-performance organization

• Certificate Ceremony