Case Studies
The World Bank - Application of Financial Management Techniques
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The World Bank Group's mission is to fight poverty and improve the living standards of people in the developing world. The Bank provides loans, policy advice, technical assistance and knowledge sharing services to low and middle income countries to reduce poverty. The Bank promotes growth to create jobs and to empower poor people to take advantage of these opportunities.
Financial Managers and Project Managers participated in the multi-day Application of Financial Management Techniques programs at World Bank Heaquarters in Washington, D.C.
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Singleton Associates worked closely with senior managers in the Bank's General Service Department to develop "Application of Financial Management Techniques." The course covered many advanced accounting and finance subjects (many of which have been implemented at the Bank), including:
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ACCOUNTING: WHAT'S REPORTED, WHAT'S NOT, AND HOW
The Accounting Treasure Hunt® for Financial Management Techniques
Statement Analysis: Tools, Tricks, Messages
Financial Audits: What's Done, What's Not, Why Not
Cost Terms, Concepts, and Classifications
Job-Order Costing
Cost Behavior: Analysis and Use
Cost-Volume-Profit Relationships
Standard Costs
Flexible Budgets and Overhead Analysis
Present Value Concepts and Applications
Activity Based Costing
Budgeting, Analysis, Tracking, and Reporting
The Balanced Scorecard
Benchmarking
Contracting Out
Performance Auditing
COMMENTS FROM THOSE WHO PARTICIPATED IN APPLICATION OF FINANCIAL MANAGEMENT TECHNIQUES:
"Wonderfully comprehensive. The professors [Tierney, Moraglio, and Singleton] are superb. Excellent and engaging communicators."
"Great review of multiple topics. I especially liked the real life examples Neil Tierney used in his lectures."
"It is perfect for the budget group and a good tool for non-budget types who do partial finance analysis of unit budget. The interaction was excellent!"
"Accounting principles, scorecard subjects were excellent."
"Excellent overview for non-finance staff. Good refresher for myself. Larry and Neil are excellent! Nice help from the graduate assistants."
"The material was presented in a way that 'non-accounting professionals' could understand. The instructors were knowledgeable, clearly enjoyed presenting the material, and were interested in our comprehension."
"Fast paced, good use of examples &endash; a good review of the subject matter! I would "Absolutely" recommend this course to others!"
"Great!"
"The professors were very knowledgeable and fun!"
"Singleton was great!"
Let us develop an Accounting Treasure Hunt® Custom Seminar for you!
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