Helping organisations measure, report, and improve performance
Featured White papers For Sale
David Parmenter sells a number of white papers based on ‘How-To Implement…’ designed for the corporate accountant who wants to make a difference. These guides give you the A-to-Z steps to implementing practices from winning finance teams. All papers are supported with additional electronic material.
Be sure to check out his newest white paper: Conquest Management - Winning Management Practices
David Parmenter’s Blog
David has his own blog over at davidparmenter.com. Be sure to leave a comment or ask any questions you have as David will respond to them on a regular basis.
David Parmenter’s Books
Key Performance Indicators: Developing, Implementing, and Using Winning KPIs
Get it from amazon.com
Pareto’s 80/20 rule for corporate accountants
Get it from amazon.com
Upcoming Workshops
For 2010, David Parmenter has confirmed speaking events in a number of countries. A full list is available here.
Programme content
- Discuss what day one reporting is and the benefits
- Review case studies on quick month-end reporting (day one and virtual closing)
- Practical steps to overcome the common bottlenecks of: A/P close off; accruals; budget holders’ variance analysis and commentary; journals; downloading GL reports to Excel, inter-company, writing the summary commentary, etc.
- How to “post-it” re-engineer your month-end processes
- Discuss and workshop the implementation issues of quick month-end reporting
- The key better practices with Board reporting, accounts payable, monthly management reports, and reporting during the month and quarterly rolling forecasts
- A comprehensive white paper
Benefits
Organisations around the world are spending far too much time on month-end reporting where the real decision based reports are those issued daily and weekly. In other words telling management that the horse has bolted after month-end is too late. This course will help participants find ways to shorten their month end reporting time frames so they have more time to develop reporting that tells management immediately when the “barn door has been left open”. Month end reporting by day one is being achieved by some leading organisations around the world. While day one reporting may not be a goal you wish to achieve, day three reporting may well be. Attending this day course will provide an impetus to shorten your month end reporting process.
Who will benefit?
- Practitioners, management accountants, financial accountants and accounting technicians who are involved in month-end reporting
- Finance directors, CFOs or financial controllers
- Corporate service managers who have the accounting team reporting to them.
Learning outcomes
- Gain an understanding of better month-end routines (inc. accounts payable, reporting to management and the Board, and rolling forecasts)
- Be motivated to complete your month-end by three working days or less make large inroads into your current month end reporting time frame
- Learn how to run an in-house workshop to “Post-it” re-engineer your month-end
- Recall all workshop content in the comprehensive accompanying paper.
- Get a step by step implementation work programme (inc. case studies, implementation steps, checklists etc).