Stage IV - Planning & Implementation

Introduction

Practice all key controlling and steering methods in a team situation, learn how to apply the controlling tools addressed in Stages I to III in a concrete company case study, and tackle topics drawn from your own practical controlling experience.

Designed for people who want to put their knowledge into practice while gaining valuable transfer experience.

Content

• 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 support
Practise 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.

Objectives

• In Stage IV - Planning and Implementation you will learn to apply the skills your have developed in Stage I and III in a case study involving two divisions of a real company. In doing so you woll gain experience that you can transfer into practice
• You work on your topics from your own practical experience and develop these further in your team of colleagues
• You will update your knowledge about the latest developments in controlling
• A "self-controlling" in the sense of a continuous improvement process (CIP) of the controller service rounds off the workshop

Target groups