Explore the intricacies of financial statement accounting and learn how to extract valuable insights from complex financial data with advanced strategies to expand your acumen.
Learning Objectives
- Learning Outcomes
- Evaluate business performance using traditional financial measures, identify linkage between critical success factors (CSFs) and key performance indicators (KPIs), and evaluate business performance as a basis for defining an organization's information needs.
- Recall the concept of strategy and its role in ensuring successful and sustained organizational performance.
- Evaluate corporate strategic performance through financial and nonfinancial measures by making use of appropriate performance measurement system, and interpret a SWOT analysis based on the use of appropriate tools and techniques.
- Apply strategic planning to the formulation of vision and mission statements and goals.
- Analyze how industry structure determines profitability using the Five Forces model, how industries go through a series of identifiable lifecycle phases, and how to group businesses within an industry.
- Analyze customer value and profitability as well as product portfolios using the BCG matrix.
- Apply linking strategy to individual performance management and the framework to a given situation.
- Recall appropriate leadership styles and their application in various scenarios.
Major Topics
Preparing consolidated statements;Accounting for foreign currency transactions;Financial statement analysis;Producing consolidated financial statements;Indirect holdings impact;Operating and cash cycle evaluation;Performance reports;Behavioral strategies;Beyond budgeting approach;Benchmarking tools;Transfer pricing;Digital transformation