Accounting performance is a benchmarking and development program focused on developing financial accounting processes and professionals in large multinational companies.
It offers participating companies the opportunity to annually send 3-6 senior financial accounting experts to discuss, benchmark and develop financial accounting processes and practices, discuss emerging issues in depth, and establish a deep professional peer network. The benchmarking projects and discussions are covered by a joint non-disclosure agreement.
The program content is built on contributions from Hanken & SSE academic experts, senior keynote speakers from the industry and professional insights from our content partner PwC.
The program has a strong focus on core professional content: International Financial Reporting Standards big picture, links to statutory reporting, taxation, transfer pricing, company law and allocation of capital in multinational groups. We emphasise linking these issues to earning logics, strategy, financial ratios and valuation models and to Integrated Reporting and CSR/sustainability considerations. We consider how to organise and structure financial accounting/Shared Services and Centralisation (SSC) operations for efficiency, resilience, agility and the links and interfaces to other processes and functions. How do we measure and manage efficiency and quality in financial processes? What can we do with analytics and robotics?
The program is structured as three live modules of two days each, run over 6 months in total. This is combined with benchmarking projects that are executed in teams over the course of the program.
Additionally, an annual alumni day is arranged to bring all participants together to network and discuss current trends and updates.