Printer Friendly

School for Financial Managers
and Controllers

Co-sponsored with

No Course Currently Scheduled

The School for Financial Managers & Controllers provides the independent box plant financial manager with strategies and skills to address the financial challenges of maintaining profitability, sustaining growth, and managing costs in a competitive environment.

Benefit:

• Learn how to better manage your company's costs by:
• Fitting financial management into an overall corporate growth strategy,
• Monitoring, measuring and controlling activities that drive costs,
• Preparing and sharing certain key financial data with managers in other departments.

As in the past, the primary benefit of participation is the interaction among your peers, the application of what you learn in case studies, the flexibility of the facilitators, and the excellent and thorough instruction of the M.S. Ackerman team.

Agenda
Course begins at 1 pm on Thursday and ends at noon on Saturday.

Roundtable Discussions
Incentive compensation at all levels - Employee fringe benefits - Sales compensation.

A Review of the Basics
Corrugated box financial reporting from the "bottom up": internal and external reporting concepts, key terms and definitions, credit and collection issues, inventory valuation and management, and benchmarking relationships and ratios.

Updating Your Estimating System
Basic cost accounting, fixed versus variable costs, contribution margin, basic estimating philosophies

Performance Measurement Systems
Developing daily, weekly and monthly performance measurement system for your company. What are the key "actionable" areas that need to be tracked and how to track them.

The Financial Implications of a Lean Manufacturing Initiative
What effect will this have on both internal, external and income tax reporting? How can you integrate the performance measurement disciplines of a lean initiative with your existing books and records? We’ll help you stay ahead of the curve in this very important area.

Waste Control, Shrinkage and Related Topics
Defining and measuring waste, waste standards, internal controls, sheet costing, and allocating costs among affiliates This will be an opportunity for participants to share best practices in controlling waste.

Banking, Financing and Equipment Acquisitions
Planning, adjustments before year-end closing, leasing versus purchasing, negotiating with lenders, cash flow management

Mergers and Acquisitions
How you account for M&A's, what are the tax implications, and what to look for in a partner's financials are some of the issues to be addressed.

The value added controller:
Techniques for improving profitability and enterprise value - Integrating the finance function into the strategic management of the company

Facilitators: Mort Ackerman, and Mitch Klingher

"I have learned more than I can do. So I'll be back with my administrative manager next year. This has given me great insight. I've been able to see how to accomplish many things."
Kenneth K. Gowen, President
Advantage Packaging Corp.
Cleveland, MS

"I think the Controller's School is an excellent value. We have implemented a number of things that I learned at the School. I continue to reflect on some of the measurements which we discussed during our meetings."
Brad L. Van Allen, Vice President
Northwest Paper Box Mfrs., Inc.
PortlandD, OR

Amount of CPE credit: 16 hours (Audit & Accounting: 3 hours, Management: 9 hours, Specialized Knowledge & Applications: 4 hours) Course Level: Intermediate Prerequisites: None Advance Preparation: None Delivery Method: Group Live M.S. Ackerman & Co. LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN 37219-2417 (website: www.nasba.org). For more information regarding administrative policies such as complaints and refund, please contact AICC at (703) 836-2422.

Further Information

Name :	John Morgan , Director of Education & Training
Phone :	1-877-836-2422
Fax :	703-836-2795
Email :	education@aiccbox.org

Registration

Member Registration (3 weeks or more prior to seminar)	$1,525
Member Registration (within less than 3 weeks of seminar)	$1,645
Nonmember Registration	$1,900
SAVE $200 when you register for 2 or more management-level courses. See registration form.