Management Accounting Specialist - free course from the Russian School of Management, training, date: December 3, 2023.

ACCA, MBBA, practicing auditor, specialist in tax, financial, management consulting, business coach

Practicing auditor, business coach, member of the Moscow Chamber of Auditors, Institute of Internal Auditors, Chamber of Tax Consultants of Russia.

Ph.D., business coach, ACCA, IFRS. Expert in the field of management accounting and budgeting, development of a financial model of an enterprise.

Ph.D., associate professor, trainer-consultant on management and financial planning. Has extensive experience in leadership work. Author of teaching aids.

Cost management
• Cost management and business efficiency
• Levels of cost management
• Cost classification
• Product costing
• Cost management and operational management decisions
• Cost optimization methods

Liquidity management. Working capital
• Working capital management.
• Lack of working capital and overstocking. Control over inventory turnover.
• Cash flow management.
• Bank lending and financial risk management.

Working capital management
• Improving company efficiency through working capital management.
• Analysis of the efficiency of using the company's current assets.
• The relationship between the financial (monetary) cycle and the level of working capital. Management of the company's financial cycle.
• An example of increasing company efficiency through optimization of the financial cycle.
• Analyze the company's ability to generate cash flows based on its cash flow budget.
• Calculation of the company's working capital needs.
• Company cash management. Ensuring balance sheet liquidity and solvency.
• Accounts receivable management. Use of factoring.
• Cost of working capital financing.
• Example of calculating the cost of financing net working capital.

Management accounting: practice of application
• Concept, types and place in the economic system of the company.
• Objectives of management accounting.
• Basic components of a management accounting system.
• Interface of management accounting systems with the accounting system. Management accounting technology.
• Documentation in management accounting.
• Creation of an adequate reporting system.
• Creation of internal regulations governing management accounting.
• Control over management accounting.
• Ways to improve the efficiency of the management accounting system.
• Why is management accounting a CFO's problem? Automation.