Stage IV - Planning & Implementation

• Concept of a Management Accounting System
• 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 intellectual capital
• 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.