The course provides guidance to the financial executive in dealing with
the financial and accounting issues of these volatile financial markets
that the global economy is currently experiencing. Understanding the
impact of market volatility and enterprise risk on your banking
relationships, supplier viability, and critical elements of survival for
your business will be discussed. A daily flash report of critical
survival metrics will be explored in depth. Activity based costing
issues relating to cost drivers and cost controls for the firm will be
explained as part of a financial warfare defense. A case study approach
is used. (Available in 4 or 8 hour format)
Learning Objectives
Identify the
critical success factors for your firm and your industry
Evaluate
competitor critical success factors and actions that need to be taken to
protect your firm from a competitor's actions
Evaluate and identify
vulnerabilities in your supplier base and your channel of distribution
Identify the cost drivers of your business model and the activity based
costing implications of those cost drivers
Develop a process approach
to monitoring market vulnerabilities for your firm to include fair value
standards and commodity pricing and availability
Develop a daily flash
report of internal reporting to monitor critical enterprise risks
Major Topics
Critical Success Factors
and Enterprise Risk
Competitor Vulnerabilities
Impact of financial
warfare on Internal Control Systems
Operational metrics relating to
enterprise risk and financial warfare