CFO Guide on Corporate Performance Management

Welcome to myCPE

Complete CFO Guide on Analytics, Corporate Performance Management, Budgeting, Reporting

Learning Objectives

To differentiate between forecasting and predictive analytics.
To study examples for the CFO and accounting function.
To provide an overview of all of the corporate performance management (CPM) methods.
To evaluate how to define appropriate key performance indicators (KPIs).
To know how to develop a driver-based “operational budget” based on resource capacity planning.

Course Description

Management accounting practices have become increasingly progressive since the 1980s. Many organizations are far from where they want and need to be in improving performance, and they apply intuition, rather than hard data when making decisions. Collecting, validating, and reporting data is not the same thing as analyzing information where we can glean valuable, actionable insights. In this full-day Online CPE Webinar Internationally recognized expert, speaker, and author Mr. Gary Cokins will take you from applying corporate performance management to applying business intelligence and analytics to financial information.

Corporate performance management (CPM) is now viewed as the seamless integration of managerial methods such as strategy execution with a strategy map. Once implemented it links the strategies of an organization to their plans and execution, therefore helping organizations succeed. In this webinar, we will explore different types of performance management tools how they work, and how can they provide the best results for decision-making when embedded with business analytics.

Critics have claimed that traditional managerial accounting is at best useless and at worst dysfunctional and misleading. Most line managers do not trust their management accounting data. Enter 21st Century management accounting developed cost/unit metrics. The webinar will explore how to gain its value for budgeting, cost analysis, and control.

This online CPE webinar will also explore driver-based budgeting for scenario planning and analysis of a growing organization. It will also delve deep into how driver-based budgeting can help roll financial forecasts, cash flow projections, and more.

To lead to better decisions, data needs to be analyzed and converted into intelligence. Though understanding this is very easy, we all know that despite drowning in data, a business starves for actionable information. The webinar also explores how you can generate the data and make it available in such a way that it smoothens the production of its conversion into business analytics and business intelligence for all the departments.

Any professional who knows the application of these skills will remain in demand because of its universal requirement and better results. This Online CPE webinar will bring you up to speed on the concepts, nomenclature, applications, and tools associated with data analytics and business intelligence.

This online CPE webinar on Finance will cover the following key topics:

Companion balanced scorecard (KPIs)
Enterprise risk management (ERM)
Driver-based budgets and rolling financial forecasts
Product, service-line, channel, and customer profitability analysis (using activity-based costing [ABC] principles)
Customer lifetime value (CLV)
Lean and Six Sigma quality management for operational improvement
How activity-based costing can be useful?
Identifying key budgeting process issues
Risk assessment grid
Linking strategy and risk to the budget
Continuous refreshing the Rolling financial forecast
How to deal with Resource Capacity Planning
Integrating Enterprise Risk Management with CPM
Risk managers: Friend or foe of executives
The intelligence hierarchy
How you can leverage big data and a continuum of analytics for better decision-making?

Webinar Qualifies For

7 CPE Credit of Finance for Certified Public Accountants (CPA-US)
7 General Credit of Finance for Accountant/Bookkeeper/Tax Professionals
7 CPD Credit of Finance for CPA in Canada
7 CPE Credit of Finance for Chartered Global Management Accountants (CGMA)
7 CPD Credit for Association of Chartered Certified Accountants (ACCA)
7 CPD Credit for Chartered Accountant - ICAEW
7 CE Credit of Financial Risk Management for Certified Treasury Professional (CTP)
7 CE Credit of General finance principles and financial concepts for Certified FP&A Professional (FP&A)
7 CPD Credit for Chartered Accountants - Scotland
7 CPE Credit of Finance for Iowa Licensed Public Accountant (IA-LPA)
7 CPD Credit for Chartered Accountants - Ireland (CAI)
7 CPD Credit for CPA - Ireland
7 CPE Credit of Finance for Maine Licensed Public Accountant (ME-LPA)
7 CPE Credit of Finance for Delaware Licensed Public Accountant (DE-LPA)

About Instructor

Gary Cokins, CMA, MBA

Advisor, Gary Cokins

Gary Cokins is an internationally recognized expert, speaker, and author in enterprise and corporate performance management improvement methods and business analytics. He is the founder of Analytics-Based Performance Management, an advisory firm located in Cary, North Carolina at www.garycokins.com . Gary received a BS degree with honors in Industrial Engineering/Operations Research from Cornell University in 1971. He received his MBA with honors from Northwestern University’s Kellogg School of Management in 1974.Gary began his career as a strategic planner with FMC’s Link-Belt Division and then served as Financial Controller and Operations Manager.

In 1981 Gary began his management consulting career first with Deloitte consulting, and then in 1988 with KPMG consulting. In 1992 Gary headed the National Cost Management Consulting Services for Electronic Data Systems (EDS) now part of HP. From 1997 until 2013 Gary was a Principal Consultant with SAS, a leading provider of business analytics software.

Additional Information

Duration

7 Hours

Course Level

Basic

Instructional Method

Group Internet Based

Pre-requisites

None

Advance Preparation

None

FAQ’s

Click Here to View

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Ratings and Review

4.5

Excellent

Very Good

Average

Poor

Terrible

Susan Lapanne, CFE, CPA (US), CGMA

This is probably one of the best seminars that I've attended - maybe ever!! Mr. Cokins is very knowledgeable and brings a wisdom to his teaching that enhances the depth of his knowledge. I thought that this was a wonderful presentation of why managerial accounting (as it needs to evolve) remains powerful and relevant.

Joseph Quinn, CPA/ABV

The instructor did a great job presenting his program. He clearly was extremely knowledgeable and experienced in his field. Also, he brought a great deal of engergy to his presentation. Since it was finance it qualifies for my cpa/abv credits but not that relevant to my field of small business valuation work.

Chunhua Zhang, CPA in Canada

This course is fantastic! Highly recommended! The teacher wrap up all of the key concept which we've learned with CPA and added more real application cases. It's really worth of your time investment! Thank you!

Mark Lazarus, CRTP, CPA (US), EA

The curse was very informative and provided excellent perspective on the Guide on the Analytics of Corporate Performance Management, Budgeting and Reporting. I enjoyed the course.

Rashellee Herrera, CFE, CISA, CIA, CPA (US)

Excellent webinar. It would be great though, if it could be offered in smaller components (i.e) 1 section at a time and credit assigned based on sections completed.