OBJECTIVE:
In the present hash-operating environment the need to constantly monitor the operations and state of affairs of business organizations need not be over emphasized.
This workshop is therefore designed to equip managers to understand the financial state of affairs of the organization and how to add financial value by effective use of Management Accounts.

CONTENTS:

• The Scope and development of Accounting in the management of financial resources; The role of accounting information in decision making
• Preparation of Accounting Information for management and qualities of good management accounting reports; Types of management financial reports
• Use of Management Accounts for effective decision making-make, buy, lease decision etc
• Assessment of organization’s performance
• Planning, Control and Responsibility Accounting
• Accounting date and pricing decisions
• Investment appraisal techniques
• Performance measurement in divisionalised organizations
• Financial statement analysis-Horizontal analysis, vertical analysis and ratio analysis; Reporting Internal control Weaknesses
• Cost classification ad Administration
• Cash planning including Statement of Sources and Application for funds and Cash flow statements.
• Budgeting as planning and control tool, capital budgeting for decision making etc
• Management Accounting in a total quality management environment.
• Emerging trends and Challenges
• Experience sharing sessions.

FOR WHOM:   
Accountants, Auditors and other Middle to Senior Management Staff responsible for Management Accounting in Bank Companies, Manufacturing Companies, Trading Organizations Federal and state Government Ministries and parastatals etc

FACULTY: 

The Faculty Team Members are experts from the institute and the world of industry and commerce.

WORKSHOP METHOD:
Formal lectures, Group discussions and Case study.

WORKSHOP VENUE:           
Nisrel Training and Conference Center,
Elephant Cement House,
(5th floor, B Wing) Alausa, Ikeja- Lagos.

DATE: Date: June 4-6, Oct 8-10 & Dec 3-5
                       
FEES: The workshop fee is N79,500.00 (Seventy Nine  Thousand Five Hundred Naira) only, per participant to cover workshop literature and materials, Executive Bag, Tea/Coffee, Lunch, Photographs, Certificates. Payment may be in cash or Bank draft. Payment may be made before the workshop date or at the venue of the workshop.

DISCOUNTS:
3-5 Participants   5%
Above 5-participants    10%

MODE OF PAYMENTS:
Payments in cash or bank draft should be made to the “Ikeja District Society of ICAN “ and sent to: 
   
The Chairman,
Ikeja District Society,
The Institute of Chartered Accountants of Nigeria,
4, Araromi Street Aniforwose,
P.O BOX 13392, Ikeja.
Tel: 01-8143025 , 0803-506-2583,07098129191
For In-house training arrangements, please call Francis on 234-8035062583; 234-8082263439