Who should attend
Managers in non-finance-related functional areas, managers newly joining the finance function, and those managers seeking to review concepts previously encountered
About the course
Learn how management accounting can be used to better understand what drives costs, how budgets are set, and how resource spending decisions are made.
This seminar will develop your abilities to effectively allocate resources and assess their productivity. You'll learn how to use tools such as budgets, benchmarking, transfer pricing, and a balanced scorecard to manage the bottom line. Through use of these tools, you will improve your understanding of (and ability to explain) financial decisions and trade-offs.
- Allocation methods and evaluation of resource effectiveness
- Incentives and managerial decision-making
- Benchmarking and budgeting tools
- Balanced scorecard
- Financial decision process and incentives of decision-makers
- Gain a balanced perspective on budgeting and resource allocation
- Understand and explain the strategic logic of financial trade-offs in your organization
Professor Fields joined the Olin faculty in 2006. Prior to that, he taught at the Kellogg Graduate School of Management (Northwestern University), Harvard Business School, and the Johnson Graduate School of Management (Cornell University). Before returning to graduate school, Tom worked as a C.P....
Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.
We are happy to help you find a suitable online alternative.