BKR International – Tomorrow’s Controller Today (Day Two)
Description
“Tomorrow’s Controller Today” will demonstrate the difference between the ordinary and extraordinary Controller. Whether internal, contracted or supervised, Controllers must raise their skillsets to be more strategic and insightful. Just as Quality is expected in manufacturing, traditional accounting services such as reporting, controls, transactions, etc., are commodities to be completed timely and accurately. This two-day course will demonstrate how changing technology, future focus, unique ratios and trends can catapult a Controller from commodity to key business partner of the management team.
This course identifies the tools, understanding, and skills to enable today’s Controller to be successful tomorrow.
Learning Objectives
Upon completion of this course participants will be able to:
Identify a new vision for their accounting department.
Recognize the changing role of accounting from data aggregation to data analytics.
Identify business cycles and tools to map out their organization and the overall industry cycles.
Identify new tools to employ including data analysis, robotic process automation, artificial intelligence.
Recognize the real reason companies fail and the relationship to working capital.
Improve recruiting, retaining and developing of staff.
Major Topics
Economic trends and business cycles
Tools
Business Cycles
Business Intelligence, Artificial Intelligence, Data Analytics
Tools (Visualization)
Change and impact to Accounting Function
RPA
The Strategic Controller/CFO
Controller/CFO Value
Business Planning
Strategic Planning
Contingency Planning
Alignment
Working Capital
Lifeblood of the business
Business failure statistics
Business Turnaround
Z-score
Key ratios
Recruit, Retain and Develop
Unstoppable Teams
Profiling for Success and Development
Employee Needs
Leadership Development & Servant Leadership
Culture
Future Focus
CEO, Board and Executive team interactions
Technology
Environment scanning
Provider
Business Learning Institute
Course Level
Intermediate
CPE Field of Study
Personnel/Human Resources
1.0
Business Management & Organization
1.0
Economics
1.0
Information Technology
1.5
Accounting
1.5
Who Should Attend
Attendees should be aspiring controllers, controllers, VP-finance, CFOs or CPAs that serve the preceding positions.
Instructor(s)
Jim Lindell
Prerequisites
Participants should be open-minded and willing to learn about business strategy in addition to accounting tactics.
