• Apply advanced cost control techniques to improve financial performance.
• Manage and optimize working capital effectively.
• Use ratio and DuPont analysis to assess organizational health and performance.
• Design budgeting systems that align with strategic goals and operational realities.
• Strengthen internal controls and leverage modern tools like blockchain for risk management.

• Financial Controllers
• Chief Accountants
• Heads of Finance
• Internal Auditors and Senior Finance Managers

Module 1: Financial Control Fundamentals

• The evolving role of modern accountants
• Overview of financial control in contemporary organizations
• Aligning control functions with business strategy

Module 2: Working Capital Management

• Determining optimal working capital levels
• Techniques for monitoring and controlling working capital
• Impact of credit policies on liquidity

Module 3: Advanced Ratio and DuPont Analysis

• Interpreting financial ratios for decision-making
• Using DuPont analysis as a control tool
• Identifying early warning signals through metrics

Module 4: Credit Risk and Costing Review

• Understanding how banks assess credit risk
• Refresher on costing principles
• Relevant costing in strategic decisions

Module 5: Budgeting Techniques and Goal Setting

• Planning and goal setting for financial targets
• Budgeting as a control tool
• Aligning budgets with corporate strategy

Module 6: Activity-Based Costing and Transfer Pricing

• Implementing activity-based costing (ABC)
• Designing and applying transfer pricing mechanisms
• Understanding economic value added (EVA)

Module 7: Standard Costing and Variance Analysis

• Applying standard costing to operational controls
• Calculating and analyzing variances
• Performance measurement metrics

Module 8: Alternative Costing and Budgeting Approaches

• Exploring beyond traditional budgeting
• Adaptive and rolling budget models
• Integrating flexibility into financial planning

Module 9: Internal Controls and Risk Management

• Developing robust internal control frameworks
• Linking controls with risk appetite
• Building a culture of compliance and accountability

Module 10: Emerging Technologies in Financial Control

• Exploring blockchain as a financial control tool
• Leveraging automation in control functions
• Future trends in financial oversight

The course combines various teaching methods, including instructor-led presentations, group discussions, case study analyses, and assessments through quizzes and a final exam to engage participants and ensure they understand and retain the material.