Event Description

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.

Designed For

CPAs in public and private practice

Objectives

Understand the importance of conducting strategic and operational risk analysis for all facets of business Understand SOC Scope Audits of Systems of Internal Controls Determine appropriate critical risk factors Determine appropriate measures of effectiveness Understand and utilize the Altman Z-Score calculation for determining corporate viability Understand and utilize an ROIC Tree Calculate the economic value added for a business 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

Major 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

Instructions

None