This course offers a deep dive into the world of financial and operational metrics, essential for measuring and improving business success. It is designed to equip finance and accounting professionals with the knowledge and skills to apply key performance indicators in their work effectively. The course covers a range of vital topics, including understanding and utilizing the Altman Z-Score for assessing corporate viability, calculating Economic Value Added, determining External Funds Needed, and understanding ROIC Trees.
The benefits of this online Webcast CPE course are substantial. Participants will gain a thorough understanding of how to apply these metrics in practical business scenarios, enhancing their analytical skills and decision-making capabilities. The course also includes a segment on SOC Scope Audits, focusing on systems of internal controls, which is invaluable for professionals responsible for risk assessment and management. By mastering these essential tools, participants will be better positioned to contribute to their organization's financial health and operational efficiency, making them invaluable assets to their teams and companies.
Learning Objectives
Upon completion of this course, participants will be able to:
Understand and utilize the Altman Z-Score calculation for determining corporate viability;
Understand and utilize an ROIC Tree;
Calculate the Economic Value Added for a business;
Calculate the External Funds Needed for a business;
SOC Scope Audits of Systems of Internal Controls;
Determining appropriate critical risk factors; and
Determining appropriate measures of effectiveness.
Major Topics
SOC Scope Audits of Systems of Internal Controls
Performance and operations
Altman Z-Score
ROIC Tree
Economic value added (EVA)
Financing
External funds needed (EFN)
Debt vs. equity
Accounting
Lean accounting and process mapping
Activity-based costing
