Stage IV - Planning & Implementation

• Update of a Management Accounting System as Preparation for Planning
  • Design of the cost center accounts (including activity based costing)
  • Requirements for product costing
  • Build up a target oriented management account
• Development of a Strategic and Operational Planning Concept
  • Design a framework for budgeting
  • Core elements of a business plan
  • External requirements as e.g. risk management and rating
• Implementation of an Integrated Result and Financial Planning
  • Central and decentralized planning (top down – bottom up)
  • Organize and carry out a strategic and operational planning meeting
  • Elaborate a finance budget based on planned sales, costs and the investment budget
  • Work out a planned balance sheet, a cash flow statement and financial ratios
• Workshop of Controlling Topics Relevant to Actual Practice
  • Controller as a change agent in development of controlling
  • How to organize the "storage of ideas" and to set priorities
  • Topics of our participants and latest trends in controlling as controlling and IFRS, valuebased controlling, beyond budgeting and Controlling and Sustainability ("ESG")
• Controlling of the Controller Service
  • Transparency of the controller service
  • Performance measurement for controllers
  • Balanced scorecard for the controller service

Problem-solving computer supportPractise the budget process in the team with functions developing on the screen as a catalyst. So this isn’t about "making it bigger" e.g. by using a beamer, but "coming closer" – also as a boss. As a result, a particularly creative cooperative environment is generated in Stage IV working groups during the seminar.