Introduction
Please note that this is a preliminary course description. The final version will be published in June 2026.
The management accounting or controller role has recently undergone drastic changes. The former “bean counter” has made room for the internal business consultant, acting as a translator of financial information into meaningful business scenarios for managerial decision making at the senior and/or divisional or business-unit level.
The context of accounting has become one of flexible, decentralized organizations with a strong strategic and service orientation. The accounting toolkit itself has experienced similar changes, and now includes tools and approaches that explicitly incorporate competitive strategy arguments while adopting multiple levels of analysis. The active use of technology for analytical and reporting purposes has equally increased in importance and is embedded in the various topical elements of this course.
This course addresses the knowledge and skills necessary to fulfill a Controller or CFO role in organizations. It is related to the courses Project and Relationship Management (E2) and Advanced Management Accounting (P2) of the CIMA professional qualification as Chartered Global Management Accounting™.