This strategic financial management course brings together financial management and strategic management. It will help you access the financial criteria for all management decision making. This training course will help you think about the role of accountancy in a new dynamic world and helps further develop the skills and confidence to manage the strategic aspects of finance.
What Is The Training Course Methodology?
ACAD Corp’s methodology depends on enabling participants to interact and exchange experiences, explore their competencies and achieve their career aspirations, using forward-thinking training arts, such as Theoretical Lectures, Workshops, Open discussion to exchange opinions and experiences, Scenarios, innovative thinking brainstorming and teamwork, Role-play and simulation, and Audiovisual tools and materials. Participants will receive an agenda including training material as a reference, in addition to some extra notes and booklets. Training material will be presented in English and Arabic.
Who Should Attend This Training Course?
The training course is designed for technical and middle departments that help senior management in offering both the required information and analysis to make investment decisions, particularly,
Projects evaluation units
Information analysis and collection units
What Is The Training Course Objectives?
Acquire the skills and knowledge of contemporary strategic accounting tools in reducing costs
Learn new methods in maximizing profitability while maintaining quality
Train on how to rationalize the use of available material and human resources
Raise awareness among participants of the importance of reducing costs and its impact on production and control sales
What Is The Training Course Curriculum?
Strategic Accounting Tools
Strategic Accounting Concept
Components of strategic accounting
Strategic Cost Analysis Approach
Strategies for achieving competitive advantage
Cost Leadership Strategy
Featured product strategy
Specific focus strategy
Analysis of value chains and its role in cost reduction
Value Chain Approach (Concept - Basics - Components - Steps)
Value - added measurement tools for the unit across the value chain
Method of estimating the value of the activity from the resources of the establishment
Value Index Table
Matrix competitors' pressure
List of profitability of value chain elements
Use a value chain approach in reducing cost
Cost model of product attributes
Model of adding value to product attributes
Method of excluding non-host elements of value
The role of strategic position analysis in achieving product differentiation strategy