Dynamics of Profit Focused Accounting

Designed for CPAs, CFOs, Controllers, Management Accountants, and Internal Auditors

One Day Program 8 CPE Credits

Description

This program articulates the best attributes of lean manufacturing, Six Sigma, Theory of Constraints, balanced scorecard, activity-based management and other world-class management philosophies into a single workshop. This program delineates a new business, accounting, and reporting model utilizing the components of throughput accounting for application with lean manufacturing and Six Sigma programs. It provides participants with a foundation for attaining sustained value and bottom-line improvement.

Objectives

Profit Focused Accounting provides direction and techniques for measuring performance and monitoring results from the latest new management concepts in use today for improving productivity and creating business strategies.

This program makes these business and management concepts understandable. Clear explanation is provided for:

  • Lean Manufacturing
  • The Theory of Constraints
  • Six Sigma
  • Balanced Scorecard
  • Activity Based Management

The program teaches a new reporting and accounting models that provides a simplified approach to coping with the speed and acceleration of the 21st century business environment.

Agenda

  • Evolution of Productivity and Accounting Measurement
  • Lean Manufacturing
  • Six Sigma
  • ABC/Management
  • Balanced Scorecard
  • Theory of Constraints
  • Profit Focused Accounting
  • Cost Management,
  • Performance and Value Measurement

Footnote:
This program is based on the book written by the developer titled Dynamics of Profit Focused Accounting published by J. Ross Publishing, Inc. in July 2004.

Download Dynamics of Profit Focused Accounting Syllabus

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