What is a Hybrid Event:

A hybrid course may include pre-work, homework, workbooks, group work and activities. The live portion of the course takes place online over multiple days, generally in the same week, with industry presenters. After the course is completed there are also follow-up activities, like a group forum or coaching.

Description:

Upgrade your financial reporting systems and create meaningful performance measurements for your converting businesses.  Participants will get actionable ideas about how to streamline accounting and reporting systems. Attendees will learn how to accurately integrate time, efficiency, and other key performance indicators into your financial data.

This course will use a case study of the fictional company, ABC Sheet Plant, Inc., to allow attendees to practice what they learn, enabling them to implement it immediately into their own company.

Agenda:

Tuesday, November 17, 2020 | 11:00am-1:30pm EST
Meet the ABC Sheet Plant, Inc. (“ABC”). Attendees will get a company overview, including an organization chart, plant and equipment configuration, sales analysis, production reporting, summary of key performance indicators, and a host of other data that the company keeps along with a monthly reporting package. The goal of the discussion will be to critique the information presented and to discuss potential alternatives.

Wednesday, November 18, 2020 | 11:00am-1:30pm EST
Discussion of profit centers and cost centers and what might be appropriate for ABC are the topics for day two. Attendees will review the estimating system design and reporting and how these correlate to the financial reporting. Formulation of alternative reporting strategies and methods are the end result.

Thursday, November 19, 2020 | 11:00am-1:30pm EST
Participants will be part of the presentation and critique of alternative reporting systems for ABC and discuss what is possible within the current data available. The course will conclude with the steps that might be taken to augment or improve this information.

Registration Fee:

AICC Member: $795
AICC Non-Member: $1,495

Instructor:

Mitchell E. Klingher, Partner, Klingher Nadler LLP

Mitch is a partner at the CPA firm of Klingher Nadler, LLP, Fort Lee, New Jersey where he heads up the firm’s tax and consulting departments. With over 30 years of diversified public accounting experience, Mitch specializes in paper conversion and packaging businesses and has developed industry-specific financial courses, in conjunction with AICC, for owners, controllers, and other managers. He has written numerous papers for trade publications and is a regular speaker at regional and national meetings. He also facilitates a number of CEO Groups. He has an economics and business degree from Lafayette College, Easton, PA and is a member of the American Institute of Certified Public Accountants and the NY State Society of Certified Public Accountants.