This course provides fundamental guidance related to accounting and business management processes. From compliance to workflow management to financial reporting and analysis, the instructor will review best practice processes for obtaining higher levels of timely and accurate financial information. Designed for accounting professionals who seek to better manage business processes and those practitioners who advise and assist their clients in improving business operations, this course focuses on contemporary strategies and the technologies available for improving the quality of business information and internal controls. Your instructor will identify and discuss specific business processes and explain how business management applications can be integrated with existing financial reporting and production systems to improve the overall financial reporting and internal control structure in an organization. In addition, strategies to address Sarbanes-Oxley compliance as well as means to control and automate revenue recognition and reporting will be provided in this course.
The course will provide an overview of the key business management applications available for financial management and reporting, business intelligence and performance measurement, key performance indicators, budgeting and forecasting, document management, wireless distribution and service systems, RFID integration, and customer relationship management. Your instructor will discuss some of the leading solutions available in the North American market. If you seek to better manage your business through the use of existing technologies, this course will provide the necessary information to begin the transition.
Course Information:
CPE Credit: Recommended 8 hours Accounting
Instructional delivery method: Group-live demo and discussion using color computer projection - NOT a hands-on course
Prerequisites: None
Program level: Intermediate
Advanced preparation: None
Designed for: Accountants and other business professionals who are responsible for providing accurate, relevant, and timely business management information
Who should attend: CFOs, Controllers, CEOs, CIOs, other senior managers, and practitioners who advise and assist their clients in improving business operations
Course Highlights:
- Learn how to improve financial reporting and analysis systems and procedures
- Discover how to optimize the processes related to measuring, recognizing, and presenting specific financial statement items such as revenue and inventory
- Review the current state of Accounting Software, who the key providers are, steps to selection and implementation and how to get the most out of your business management solutions.
- Learn the value of summary financial data provided by digital dashboards, key performance indicators, charts, PivotTables, etc. available in modern business intelligence and business performance measurement applications
- Recognize the challenges of integrating and optimizing your business management processes with legacy applications
- Learn the options for selecting and implementing new solutions when necessary
- Create easily updated forecasts and budgets to support business strategies
- Discover how wireless distribution and service support systems and RFID can increase the accuracy of inventory records
- Learn how to improve internal controls with respect to securing, sharing, storing, and managing business information
Dates & Locations:
