This seminar is designed to help all levels of manufacturing management understand the internal profitability reports and cost accounting systems they are asked to work with. It focuses on financial literacy at its basic level, including the difference between accrual and cash accounting,
and moves through concepts of management profitability reporting, allocations, and product costing. Topic emphasis can be adjusted in real time based on audience questions in order to maximize participant “buy in.”

Who Should Attend: Anyone involved in manufacturing from production to support who is looking to improve the quality of business decisions by understanding their financial context. This seminar is particularly useful for Product Management, Engineering and Operating Staff.