China Ministry of Finance (Mof ) and China National Accounting Institute (NAI)
Brief
As a nation management accountancy is not embraced in China like it is in the West. We were asked to explain how management accounting can help in business analysis and the role a management accountant could take in leading strategy formulation, validation and execution. In terms of finance transformation this was massive and involved transforming a nations attitude
Outcome
We developed a program over 5 days which was attended by some of the most senior government officials and academic experts from China. With the help of some great translators we were able to deliver an interactive and fun program which showed the key finance decisions that could be used to support business strategy and also the role played by cost and management accounting in strategic planning and decision making. We also looked at how the role of management accounting was evolving due to automation and the traits associated with becoming a better finance business partner
David and Sean both did and excellent job and the delegates were delighted - Aileen C. Delegation Co-ordinator, Head of Education ACCA China