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OBJECTIVE:
The best business plans fail due to lack of adequate financial plan and effective cost monitoring.
This workshop will address the relationship between financial planning and other strategic plans for effective monitoring of cost.
CONTENT:
- Formulation and Implementation for financial policies
- Prioritizing and ranking of organizational needs
- Analysis of Resources; Matching resources with need
- Income Cost programmers and Cash planning
- Definition of Finance Crisis; Symptoms of Financial Crisis
- Anticipating and avoiding financial crisis
- Liquidity management in financial crisis
- Sources and application of funds; Shortage of liquid funds- What to do; Anticipating surplus funds?-What to do
- Investment appraisal and analysis and Cost control strategies
- Short, Medium and Long term financial plans
- Analyizing and Interpreting financial statements
- Strengthening the Internal Control system
- Business process re-engineering
- Designing and Implementing appropriately tailored performance
measures; Financial Planning and Control Problems
- Fundamentals of cost Accounting ;Relating cost Accounting to Financial; Accounting and the planning and control process.
- Relating budgets to planning and control
- Product costing systems and Accounting for Overhead.
- Activity-based costing for management control
- Assigning service department costs to calculate total cost
- Absorption Vs. Direct costing; Developing the target cost model; Operating cost control strategies
FOR WHOM:
Directors, Accountants, Auditors Personnel and Admin. Managers
and other Senior Middle Management who perform related functions
in the public and private sectors Organizations.
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: 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 ,0709-812-9191
For In-house training arrangements, please call Francis on 08035062583; 0808-226-3439
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