Risk, Cost, and Cash Management for Controllers and Financial Managers LARS

Friday, September 10 12:00pm - 4:00pm PDT

(Check-In 11:30am PST)

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WSCPA Learning Center Room 1

902 140th Ave NE
Bellevue, WA 98005

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4.0 Credits

Member Price $158.00

Non-Member Price $183.00

Overview

LARS: Live Audience, Remote Speaker

When an organization fails, it is usually due to several factors. These often result from a number of undetected, poor practices that infect and grow throughout the entire organization. They can include a lack of understanding of costs, poor asset allocation, systems that support the status quo, failure to identify risk, tunnel vision by management, and so on. Often, management will repeat poor practices across the enterprise. For example, do you think a so-called "budgeting crisis" is normally due to the budget, or actually hidden, existing problems that were uncovered due to the budgeting process? This course demonstrates the use of practices and techniques specifically designed to assist you in adding value to your company through improved decision- making, cost management, understanding business cycles, managing continuous improvements, cash management, and risk management. Examples of actions by both successful and failed organizations are used throughout the session.

Highlights

Techniques and ideas to establish and maintain an effective organization. Examples of successful and failed companies as a source of learning. Identification of broad measures that provide insights into the direction of the economy. Practical ideas to improve forecasting. Framework and methods to uncover and manage risk.

Prerequisites

Management experience in accounting, finance, or operations.

Designed For

Owners, controllers, treasurers, financial officers, and other financial managers in organizations with less than $250 million in sales.

Objectives

Identify and correct practices that can negatively impact an organization. Determine and measure cost drivers and trends. Recall how to navigate an organization through the business cycle. Apply and manage a variety of improvement programs. Apply cash management activities and consolidate them into an organization’s plans. Identify and identify how to manage risk throughout the enterprise.

Preparation

None.

Notice

LARS stands for Live Audience, Remote Speaker. We will serve lunch at these locations, but the instructor will be webcasting into the classroom.

The WSCPA is following current Washington State guidelines for mask usage. Unvaccinated attendees at in-person events are required to wear a mask. Masks will be available for those needing them.

Leader(s):

  • Clare Levison

Non-Member Price $183.00

Member Price $158.00