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Seminar finder

Intensive Program in Finance & Accounting

This is our advanced training for finance and controlling. A management course for finance and accounting, planning and realization of financial objectives, and for the most important subjects affecting controlling. 4 + 4 days.

HOW THE PROGRAM IS STRUCTURED

The 2-part Finance and Controlling Program gives you comprehensive insight into finance and accounting, and demonstrates how they are related.

CONCEPT

This course is perfect if you're looking to learn fundamentals that you can use at work, but also if you need to refresh and update your current level of knowledge. In addition, you'll learn how to create a business plan for a company and where to get the money to finance it.
At the heart of this course are the following topics:

  • Corporate accounting 

  • Financial management 

  • Controlling 

  • Economic assessment of business models 
and business plans

WHO SHOULD PARTICIPATE 


  • Managers of product lines and service centers with responsibility for performance-achievement, sales, profit margins or costs, or managers who want to assume these types of positions. 

  • Directors of business divisions, Profit Centers, business units or departments and groups who are being given more financial responsibility. 

  • Specialists and implementers from all areas of business who would like a systematic course about the fundamentals of finance and accounting.
  • Junior staff

  • Technicians, life scientists, engineers, lawyers and other specialists seeking to expand their skill set.

WHAT TOPICS WILL BE COVERED

Finance and Accounting – a General Overview

  • How modern finance and accounting are interrelated

  • The instruments of corporate accounting and a general overview of financial management

The Fundamentals of Corporate Accounting

  • What executives must know about the structures and logic of corporate accounting

Cost Accounting, Calculations, Pricing

  • Cost categories, cost centers

  • Full costs, partial costs, marginal costs, legal costs
  • Cost and performance accounting systems
  • Calculation systems with marginal costs and profit margins

  • Pricing – the market versus calculation
  • Flexible lower-price limits

Profit Center Account

  • Expenses and income
  • Internal transfer pricing

  • Imputed costs, cost allocation, cost distribution

  • Direct and indirect costs
  • The Profit Center account

Planning and Budgeting

  • Planning and budgeting as an important part of company success
  • Structure, content and use of an effective planning and budgeting system
  • Flexible budgeting?

Investment and Profitability Calculation

  • Calculating the profitability of investments
  • The profitability of investments in projects, calculating new business ideas about rationalization or expansion

  • Make or buy – outsourcing, insourcing

Financing

  • The relationship between strategic changes – like portfolio expansion, new market-cultivation concepts, investments in manufacturing processes, etc. – and a broadening of financial needs
  • Cash flow statement, capital requirements and fund sourcing
  • Types of financing, financial costs

Liquidity/Cash Management

  • Liquidity controlling

  • Avoiding liquidity shortfalls

Profit and Performance Objectives

  • Setting ambitious profit and performance objectives 

  • Measures and effective mechanisms of profit management 

  • Achieving profit, cash flow, performance and profit margin objectives

Cost Management 


  • Budgeting and controlling costs 

  • Deliberately shaping the break-even point 

  • Lowering fixed costs or not allowing them 
to rise 

  • Cost variation 

  • Lowering costs – how to approach this?

Profitable Growth 


  • The financial consequences of an expansion strategy 

  • Growth and its consequences on return and liquidity 

  • The challenge of achieving profitable growth


New Business Ideas 


  • Conceiving a new business idea that is results-driven 

  • Designing new business units to profit, new Profit Centers or projects 


Business Plan

  • Out of ideas a business plan is created
  • Content, structure and substance of a business plan

Controlling Instruments

  • The "management success report"

  • Interpreting and assessing monthly controlling reports

  • The "balanced scorecard" as navigation instrument

Managing your Key Performance Indicators (KPI)

  • Knowing and using a KPI matrix

  • Linking of sales, margins, costs and results
  • Management using the right KPIs

Using a Target-Performance Comparison

  • Target-performance comparison as a way for early identification of deviations
  • Optimal use of decision-relevant management information

Eliminating Sources of Loss

  • How sources of loss are discovered
  • Are losses an «investment in the future» or an «unnecessary recourse consumer»?
  • Reducing unwanted losses

Scrutinizing Business Strategies from a Financial Standpoint

  • Developing precise business strategies

  • Recognizing the profit potential behind strategic considerations

  • Assessing the financial feasibility of a business strategy
  • Understanding the investment required to implement a business strategy

Scrutinizing Marketing Concepts from a Financial Standpoint

  • The relationship between customer benefits and company profitability

  • The perceived value of a service and its pricing
  • Discount or premium – market logic should dictate pricing

Sessions

2. Session 2017

Number: NA5127

Part 1: August 14 - 17, 2017
Berlin, Germany

Part 2: October 23 - 26, 2017
Berlin, Germany

CHF 6'900.- excl. VAT Invoice on request in EUR, at current exchange rate

2. Session 2017

Number: N5127

Part 1: September 25 - 28, 2017
Davos, Switzerland

Part 2: October 23 - 26, 2017
Brunnen, Switzerland

CHF 6'900.- excl. VAT Invoice on request in EUR, at current exchange rate

3. Session 2017

Number: NA5137

Part 1: October 10 - 13, 2017
Hamburg, Germany

Part 2: October 23 - 26, 2017
Berlin, Germany

CHF 6'900.- excl. VAT Invoice on request in EUR, at current exchange rate

4. Session 2017

Number: NA5147

Part 1: October 10 - 13, 2017
Hamburg, Germany

Part 2: December 11 - 14, 2017
Zurich, Switzerland

CHF 6'900.- excl. VAT Invoice on request in EUR, at current exchange rate

Additional Services

Call us for a telephone consultation: +41 (0) 44 913 15 80

Seminar + Individual Coaching

Seminar + Individual Coaching

Book an individual coaching session in addition to a seminar.

My Sparring Partner

My Sparring Partner

Book this 2-day workshop and profit from a deep-dive into company-specific content, with insights especially relevant to your work. For you and a max. of 4 other colleagues from your company.

Learn & Perform

Learn & Perform

First you attend an open seminar. After completion, a St. Gallen management consultant visits you at your company to support implementing what your learned.

A Second Opinion

A Second Opinion

You need to make an important decision that will determine the course your company will take. To make sure you get it right, you need a second opinion.

Implementation Project

You attend an open seminar, and those things you learned that are especially vital to your company are then implemented with this project, tailor-made for your company with external support.

The Mental Option

Management top-performance requires mental preparation. Our "Human Tuning" service is an additional day of mental training for executives.

Company Teams

Two or more participants from a single company take part in the same seminar – and implement what they learned immediately upon return.

Bosses Promoting High-Potentials

When you promote men and women of your staff, it will help if you approve their participation in our junior program first. In a briefing, you tell us what exactly your employee needs to develop. We meet with the participant and give you feedback about this. We then give you a promotion proposal and the St. Gallen talent-promotion tool for implementing your own talent management.

Small-Group Seminar

Small-Group Seminar

A seminar with a max. of 6 participants. Small groups allow a deep-dive into subjects of special interest to you.

Transfer

Transfer

After learning the latest management insights at your seminar, you want to use them. You have ideas, maybe even a concept. Or you want to practice what you learned and your conduct as an executive.

Bring your Customer

Bring your customers with you to a seminar. Here you'll be inspired for collaboration, joint development, open innovation. During off-time, you can work with your customer on ideas for future collaboration.

Compressed Learning

Compressed Learning

Management knowledge compressed into a 1-day seminar, with content conceived especially for your company.

Certification of your Advanced Training

Certification of your Advanced Training

You can book an additional 4-day workshop for certifying your advance training.

Career Support

Career Support

You are pursuing a specific management position. We'll help you in your career.

St. Gallen Tools

St. Gallen Tools

We develop management and leadership instruments that are tailor-made for use at your company.

St. Gallen Inhouse

St. Gallen Inhouse

Seminars with company-specific content. If you have questions about this or need information, please call us at +41 (0) 44 913 1580 or write an email to:
info@mab-edu.com.

Contact us

+41 (0) 44 913 15 80

Write an email