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Course Description

Management accounting practices have become increasingly progressive since the 1980s. What are the top trends with management accounting? They include channel and customer profitability reporting, integration of corporate and enterprise performance management (CPM/EPM) methods (e.g., strategy maps, balanced scorecard), driver-based rolling financial forecasts, applying analytics, and co-existing methods (e.g., lean accounting). This presentation examines how cost modeling has evolved over the last century. It will describe the trends and obstacles that have helped or delayed developments. Collecting, validating, and reporting data is not the same thing as analyzing the information that can be gleaned from data. Most organizations are drowning in data, but starving for information

Why You Should Attend ?

Managers who are constantly faced with challenges that the employees understand the executive strategy, that the key performance indicators (KPIs) are balanced between financial outcomes and non-financial measures related to customer loyalty, process improvement, employee learning and innovation.

Learning objectives

  • Understand how business analytics is an advance over business intelligence and where Big Data fits in.
  • How to identify and differentiate strategic KPIs in a balanced scorecard and operational performance indicators (PIs) in dashboards.
  • How to properly calculate product, service-line, channel, and customer profitability for analysis, insights and actions.
  • How to perform “predictive accounting” for capacity-sensitive driver-based budgets / rolling financial forecasts, what-if analysis, and outsourcing decisions
  • How to overcome implementation barriers such as behavioral resistance to change and fear of being held accountable.

About Presenter

Gary Cokins, CMA, MBA

Chief Executive Officer (CEO), Analytics-Based Performance Management LLC

[email protected]

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. 

Analytics-Based Performance Management LLC. provides advisory services to organizations, consulting firms, and software vendors with their challenges to get started, implement, and leverage enterprise and corporate performance management (EPM / CPM) methods such as customer profitability analysis (using ABC), analytics, rolling financial forecasts, strategy maps, and balanced scorecards (KPIs).

FAQ

  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.

Refund/Cancellation Policy

For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128

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.

upcoming Live CPE Webinars

Courageous Leadership: The Ethical Behaviors (Part 2)
Friday, November 15, 2019 | 03:00 PM EST View Details/Register
FRINGE BENEFITS: WHICH ARE TAXABLE WAGES, AND FOR WHAT TAXES?
Friday, November 15, 2019 | 03:30 PM EST View Details/Register
BASIS CALCULATIONS & DISTRIBUTIONS FOR PASS-THRU ENTITY OWNERS SCHEDULE K-1 ANALYSIS (LATEST)
Monday, November 18, 2019 | 09:00 AM EST View Details/Register
Accountants & Malpractice: Can we get sued for this?
Monday, November 18, 2019 | 09:00 AM EST View Details/Register
Charitable Solicitation Compliance- What does it take to be compliant?
Monday, November 18, 2019 | 11:30 AM EST View Details/Register
  • Cost FREE
  • CPE Credits 1.5
  • Subject Area Business Management and Organization
  • Course Level Basic
  • Instructional Method group internet based
  • Prerequisites None
  • Advanced Preparation None
  • Who should attend? Finance Pros Bookkeeper Accountant CFO/Controller Business Owner CPA - Small Firm CPA - Mid Size Firm CPA - Large Firm Accounting Firm Tax Pros CPA (Industry) Auditors Tax Firm CPA in Business HR Professionals
  • Handout Material Download

upcoming Live CPE Webinars

Courageous Leadership: The Ethical Behaviors (Part 2)
Friday, November 15, 2019 | 03:00 PM EST View Details/Register
FRINGE BENEFITS: WHICH ARE TAXABLE WAGES, AND FOR WHAT TAXES?
Friday, November 15, 2019 | 03:30 PM EST View Details/Register
BASIS CALCULATIONS & DISTRIBUTIONS FOR PASS-THRU ENTITY OWNERS SCHEDULE K-1 ANALYSIS (LATEST)
Monday, November 18, 2019 | 09:00 AM EST View Details/Register
Accountants & Malpractice: Can we get sued for this?
Monday, November 18, 2019 | 09:00 AM EST View Details/Register
Charitable Solicitation Compliance- What does it take to be compliant?
Monday, November 18, 2019 | 11:30 AM EST View Details/Register