An Intensive 5-day Training Course
Strategic Management Accounting
for Competitive Advantage
Tools for Transforming Financial Insight into Market Leadership
Course Introduction
This Management Accounting training course is designed to empower executives and managers with advanced knowledge and skills in strategic management accounting (SMA). This comprehensive training course covers foundational concepts to advanced techniques, providing participants with practical insights into leveraging SMA for competitive advantage in their organizations.
This Management Accounting training course is crucial for those aiming to transform financial insights into strategic actions that lead to market leadership. Through a combination of expert-led sessions, practical workshops, and interactive discussions, participants will learn to drive strategic decision-making, manage risks, and enhance performance measurement systems.
This Management Accounting training course will highlight:
- Comprehensive coverage of SMA concepts and applications.
- Real-world case studies demonstrating SMA's impact.
- Engaging group discussions, workshops, and presentations.
- Emphasis on scenario analysis and strategic forecasting.
- Guidance on designing effective performance measurement systems.
Objectives
At the end of this Management Accounting training course, you will learn to:
- Understand and apply SMA principles.
- Utilize SMA for strategic decision-making.
- Master SMA tools for planning and performance measurement.
- Implement and sustain SMA practices.
- Enhance strategic thinking and decision-making.
Training Methodology
The Strategic Management Accounting for Competitive Advantage training course employs a blend of instructional methods, including lectures, case studies, group discussions, hands-on workshops, and participant presentations. This approach ensures participants understand theoretical concepts and gain practical skills applicable to their organizations.
Organisational Impact
The Organisation will have the following benefits:
- Enhanced strategic decision-making.
- Improved risk management.
- Alignment of operations with strategic goals.
- Sustainable competitive advantage.
- Effective performance measurement systems.
- Continuous improvement in SMA practices.
Personal Impact
At the end of this Management Accounting training course, the participants will gain the following:
- Enhanced strategic thinking skills.
- Confidence in using SMA tools.
- Improved decision-making capabilities.
- Advanced performance management skills.
- Networking opportunities with peers.
- Personal growth through collaboration.
Who Should Attend?
This Management Accounting training course is suitable to a wide range of professionals but will greatly benefit:
- Senior executives and managers
- Financial professionals
- Strategic planners
- Individuals involved in performance management
- Those seeking to achieve competitive advantage through SMA
Course Outline
Day One
Key Concepts and Principles of Strategic Management Accounting (SMA)
- Introduction to SMA for competitive advantage
- Definition and scope of SMA
- Role of SMA in linking operations to strategic goals
- SMA in strategic planning and decision-making
Day Two
Strategic Decision Making and Risk Management
- Utilizing SMA for strategic decisions
- Scenario analysis and strategic forecasting
- Identifying and managing financial risks
- Developing risk mitigation strategies with SMA
Day Three
Strategic Planning and SMA Tools
- Key SMA Tools: ABC, BSC, and Benchmarking
- Applications of SMA tools in strategic planning
- Advanced SMA Techniques: Value Chain Analysis, Strategic Cost Management
- Hands-on workshop applying SMA techniques
Day Four
Performance Measurement and Management
- Strategic performance measurement
- Developing Key Performance Indicators (KPIs)
- Designing and implementing performance management systems
- Continuous improvement through performance management
Day Five
Implementing and Sustaining SMA for Competitive Advantage
- Steps to implement SMA successfully
- Overcoming challenges and resistance
- Presentations of SMA plans by participants
- Feedback and training course wrap-up
Certificate
On successful completion of this training course, Oxford Management Centre Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor will be awarded to the delegates
Accreditation
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FREQUENTLY ASKED QUESTIONS
Yes, we provide assistance in securing both hotel reservations & entry visa on all our international training venues, for delegates attending our training courses. For further information / assistance, please contact our Customer Service at:
- Telephone: +971 50 985 0174
- E-mail: info@oxford-management.com
Yes, Oxford Management Centre is accredited by the following professional bodies;
National Association of State Board of Accountancy (NASBA)
The Oxford Management Centre is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit.
Yes, discounts are available. For further information please call +971 50 985 0174 or email, info@oxford-management.com
Note: Discounts are not applicable with any other special offer that may be available.
All course bookings made through Oxford Management Centre are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.
Oxford Management Centre reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.
There are 2 easy ways to register:
- Online: Select the training course you want to register for, Click the “Book Your Place” button on the course page, complete the form and click submit.
- E-mail: Send your details to info@oxford-management.com
We request that all cancellations be made at least one week before the class start date. You may reschedule this class without any penalty. If not, a $250 fee will be charged for cancellations received less than one week before a class begins and for no-shows. Cancellation penalties and any fees incurred by Oxford Management Centre will be deducted from refunds.
For more information request, email info@oxford-management.com or call +971 50 985 0174.
The classroom training fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation and transportation are not included in the training course fees.
While, online training fees cover the course presentation and digital documentation and relevant materials.
The Oxford Management Centre Certificate of Completion with corresponding CPE credits shall be awarded to delegates who has successfully completed the training course.
Payment must be received before the training course commences. You can make payment by bank draft, cash, credit card or wire transfer.
Note: If the payment is not received, Oxford Management Centre has the right to refuse admission.
Upon receipt of your registration form, we will send you the following by e-mail:
- Registration Confirmation
- Invoice/Receipt (where appropriate)
If you register online you will receive an e-mail within 24 hours confirming your registration.
