sydney + Melbourne + Brisbane presented by David Parmenter Register at: pa.com.au/winningcfos

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1 sydney + Melbourne + Brisbane presented by David Parmenter Register at:

2 Start your journey Why spend months on an annual planning process you know is flawed? Why spend precious time on an annual report recasting numbers that were available the first week of the new year? Why spend a week or two on the monthly finance report that may not be read? Author and performance management leader, David Parmenter, has collected practices from more than 4,000 corporate accountants, from all sectors around the world. These four masterclasses will draw on the books David has written - Winning CFOs, Key Performance Indicators Developing, Implementing and Using Winning KPIs and Key Performance Indicators for Government and Non-Profit Agencies. Led by author, presenter & facilitator David Parmenter B.Com, FCA (ICAEW) Author of four books on performance management all published by John Wiley & Sons Over 20 years of consulting and benchmarking experience with a variety of organisations around the world Has been a full time speaker and writer for the last twelve years, delivering workshops in over 20 countries Has worked for BP, Ernst and Young and Arthur Andersen & Co Join internationally renowned presenter and author, David Parmenter, for his masterclass series that will provide you with the skills and strategies to cement yourself as a valued business partner within your organisation. The 4-part series will reveal how you can improve the effectiveness of your performance measures, improve the leanness of your accounting function and avoid the dysfunctional annual planning process through implementing rolling planning. Each masterclass will build on the previous, providing a clear path towards your financial leadership and excellence. Masterclasses can also be attended as a stand-alone unit or if the full series is booked, can be shared around amongst members of your team.

3 course 1 Implementing Rolling Planning a solution to the dysfunctional annual planning process 1 Day masterclass 1 This course will explain why the quarterly rolling planning (QRP) is the most important management tool of this decade and how QRP is a more involved form of rolling forecasting. It will also show how QRP will revolutionise your company, removing the shackles of the often dysfunctional annual planning process. The masterclass will include an in-depth how to implement guide, case studies and an outline of the forecasting and planning tools currently available. Implementing QRP requires a number of key steps and this workshop will go through them to ensure attendees have an in-depth understanding. Once the course is completed, participants will have the opportunity to work with the comprehensive white paper and accompanying electronic templates to help kick-start the process. David Parmenter is one of the world s leading experts on QRP, a very new area which has evolved with the advent of beyond budgeting. His courses are renowned for their clarity and for showing a clear route forward. Very useful, reinforced some thoughts. Especially relevant with our planned introduction of a planning tool. The foundation stones and rules for a QRP How the annual plan can be a by-product of this method Selecting the right planning tool How to use the planning tool consultants effectively How to develop and use QRP Case studies covering recent implementations, looking at what shaped the finished model An outline of currently available first, second and third tier planning tools Report formats for your QRP process The one page annual plan summary for business units How to sell the change to the board and senior management team Workshop on using drivers in forecasting David O Reilly, Financial Controller, Ballance Agri-Nutrients Ltd course 2 Winning key performance indicators Developing, Implementing and using Winning KPIs - 1 Day Masterclass 1 2 Performance measurement is failing organisations worldwide, whether they are multinationals, government departments, or not-for-profit agencies. The lack of understanding of performance measures has led most monitoring and reporting of measures to fail, including balanced scorecard initiatives. Covering the latest thinking on KPIs, and based on David s internationally recognised work and his two KPI books, this masterclass will give you insights and a practical step by step methodology to rediscover your critical success factors and the underpinning winning key performance indicators. Organisations with over 20 KPIs lack focus, lack alignment and underachieve. David believes there are normally fewer than 10 true KPIs in an organisation and these should be measured and reported on daily, or at least weekly. In this workshop David will explain that there are four types of performance measures and choosing the right mix is crucial for effective measurement and control. Difference between the four types of performance measures What are key performance indicators? Understanding the myths of performance measurement that lead to failure Understanding the dark side of performance measures Finding the critical success factors (CSFs) in your organisation Common critical success factors and their likely performance measures How to brainstorm performance measures The seven foundation blocks and the 12-step model to developing and using winning KPIs KPIs for your enterprise KPIs: the road ahead Selling the change to the SMT through their emotional drivers

4 course 3 The journey to lean accounting The practices to adopt to make a difference 1 Day masterclass The lean accounting movement has been gaining momentum around the world, thus it will not be long before CEOs start asking questions about it. It is therefore imperative that corporate accountants, sooner rather than later, understand the concepts of lean accounting and its implications for their finance team and organisation. This masterclass will focus on what you need to know, help you ascertain how far you are already on the journey, and kick start your progress. The accompanying whitepaper and electronic templates will generate savings in time greater than the workshop fee. David will give you a practical overview of the current lean accounting movement and its impact on your organisation and sector. He will cover the lean methods your finance team can use to put some quick wins on the board. The workshop was well structured and the timing and pace was excellent. The course paper and templates were most useful. Learn why you need to embrace the LEAN movement Learn from world class finance teams Understand how to adopt Toyota s 14 principles Avoid performance measures that hurt your organisation How value stream accountings is superior to traditional product costing Lean reporting one page report formats for better decision making and daily and weekly report templates How to post it. Re-engineer a process Apply lean methods (Scrum, and Deming s PDCA) in the accounting function How to get some quick wins such as fast month-end reporting Ron Milne, General Manager Finance and Operations, Enware Australia Pty Limited. course 4 quick month-end reporting by day three or less - 1 Day masterclass Learn how to report month-end results to the CEO by day three or sooner. In today s dynamic operating environment the finance team needs to lead from the front. To do this they need to free up time from accounting routines so they can be active business partners to management. During this course you will learn how to: complete your month-end within three working days regardless of sector or in-house bottlenecks identify the appropriate opportunities to speed up month-end routines run an in-house workshop to post-it re-engineer month-end processes move the focus to reporting during the month revolutionise board reporting using 21st century better practices Case studies on quick month end reporting (day one and virtual closing) The twelve steps for quick month-end processes next month will be covered in detail What needs to be done in the next six months to get further efficiency gains How to speed up board reporting with the use of a one page dashboard What to report daily, weekly and monthly to management How to run a post-it re-engineering workshop on your month-end processes How to bring these gains into a fast close at year-end David is known for his ability to facilitate sharing of ideas and practices by attendees. Attending this masterclass will provide an impetus to shorten your month-end reporting process.

5 course booking Course Sydney Melbourne Brisbane Early bird rate Full rate Implementing rolling planning 28 March 24 March 26 March $950 excl GST before 1st March Winning KPIs 30 May 26 May 28 May $950 excl GST before 1st May Journey to lean accounting 21 August 18 August 19 August $950 excl GST before 1 August Quick month-end reporting 12 November 14 November 10 November $950 excl GST before 15 October Full series (4 masterclasses) - Places in the Winning CFO Series can be shared among colleagues. $3,400 excl GST before 1st March $4,000 excl GST If three attendees come from the same organisation, the CFO will receive a whitepaper and an invitation to attend a 30 minute one-on-one with David which will give an overview of the major issues to be covered on the day, free of charge (total value $450). Venue Information Professional Advantage Level 10, 500 Collins Street Melbourne Phone: Professional Advantage Level 16, 124 Walker Street North Sydney Phone: Hilton Brisbane 190 Elizabeth Street Brisbane Phone: REGISTER NOW: Secure your place at * * Seating is limited. Take advantage of the early bird or full series discount and guarantee your place. Who will benefit? These masterclasses are designed for finance directors, CFOs, financial controllers, financial accountants and management accountants and those whose next role will be CFO. What you ll gain A comprehensive white paper valued at A$200 for each session An understanding of the leading practices that you can implement immediately Access to many electronic templates that will save hours of time A chance to share progress and discuss issues with fellow participants during the workshop exercises for each session attended Course Format This course will be held in a highly interactive workshop format with case studies, better practice examples and implementation guidelines. Programme Schedule 08:15 Registration 08:45 Morning session begins 10:30 Break - refreshments & networking 10:45 Morning session continues 12:30 Lunch 13:15 Afternoon session begins 14:50 Break - refreshments & networking 15:00 Afternoon session continues 16:45 Professional Advantage sponsored drinks & networking 17:15 Day concludes Course Material All delegates will receive a course booklet A course-specific white paper Electronic templates to get you started Earn up to 28 CPE hours

6 Terms and Conditions Course cancellation policy Cancellations up to two weeks prior to the workshop Bookings can be cancelled with a 10% administration surcharge up to 2 weeks before the course; or All course papers sent as final settlement; or Another person can be sent as a substitute; or The fee paid can be carried forward to another course. Cancellations within the last two weeks: Another person can be sent as a substitute; or All course papers sent as final settlement; or The fee paid can be carried forward to another course. In all cases fee is payable within the original stated dates in the brochure. Payment required by direct credit before attending the workshop. The invoice will be ed and will include direct credit details. PO Box 10686, Wellington, New Zealand Tel: enquiries@pa.com.au about professional advantage Professional Advantage is one of Australia s most awarded solutions providers, with over 20 years experience in helping organisations improve their business systems through industry leading software solutions. Our 250-strong team in 6 offices across Australia and internationally has successfully worked with over 1000 organisations. Proudly sponsored by in association with CFO ACADEMY