Get valuable insights on the top 7 trends in Management Accounting by Gary Cokins who is an internationally recognized expert, speaker, and author in Performance Improvement Systems and Advanced Cost Management in association with Miles Education on August 16, 2020, from 6:00 PM – 8:00 PM.
Ultimately costing principles, such as the causality principle, must be converted into practical practices with supporting tools. This presentation examines how cost modeling has evolved over the last century. It will describe the trends and obstacles that have helped or delayed developments.
Register now: https://mileseducation.com/webinar/cma
Key pointers of the webinar:
- How these trends have expanded accountants from “bean counters” to “bean growers.”
- How to calculate profit and loss statements for customers displaying profit margin layers.
- How to identify and differentiate strategic KPIs in a balanced scorecard and operational performance indicators (PIs) in dashboards.
- How to perform “predictive accounting” for capacity-sensitive driver-based budgets / rolling financial forecasts, what-if analysis, and outsourcing decisions
- How to imbed statistics and analytics into product, channel, and customer profitability analysis.
- How to overcome implementation barriers such as behavioral resistance to change and fear of being held accountable.
About Gary Cokins
Gary Cokins is an internationally recognized expert, speaker, and author in performance improvement systems and advanced cost management. Gary began his career as a strategic planner with FMC’s Link-Belt Division and then served as Financial Controller and Operations Manager. In 1981, Gary began his management consulting career first with Deloitte Consulting. Then, with KPMG (1988), he was trained on ABC by Harvard Business School Professors Robert S. Kaplan and Robin Cooper. In 1992, Gary headed the National Cost Management Consulting Services for Electronic Data Systems (EDS) now part of HP. From 1997 until 2013 Gary was in business development with SAS, a leading provider of enterprise performance management and business analytics and intelligence software.
Gary was the lead author of the acclaimed An ABC Manager’s Primer, sponsored by the Institute of Management Accountants (IMA). Gary’s second book, Activity-Based Cost Management: Making it Work, was judged by the Harvard Business School Press as “read this book first.” Gary serves on the board of advisers for organizations including an advisory board with Harvard Business School Professor, Robert S. Kaplan, for the International Monetary Fund (IMF). Mr. Cokins participates and serves on committees including the AICPA, CAM-I, the American Association of Accountants (AAA), the International Federation of Accountants (IFAC), the Supply Chain Council, and the Institute of Management Accountants (IMA).