Accounting (4), Business Management and Organization (2)
General familiarity with the concepts of vision, mission, strategy, and critical success factors; inventory costing methods; CAPM/cost of capital calculations; planning and forecasting; risk factors and risk management; financial and operational ratios and metrics.

Course Description

Within many organizations, especially those that are large or growing quickly, there is a tendency to lose sight of where the company is going. Departments and individuals develop tunnel vision and fail to see the larger picture. Often, business activities are maintained because 'that's the way they've always been done,' while company leaders lack a good grasp of what is truly critical to make their firms succeed.

This course will allow you to 'strip away the barnacles' on your company and identify its essential success factors. Once you learn this skill, you then can work to develop measures of performance for each factor. In this course, you'll gain valuable insights on how this is done by analyzing a variety of case studies from different industries. You'll also discover how to develop systems that alert you when performance in key areas is lacking. Finally, you'll learn a variety of tools and processes used in this approach, including target costing, an external funds-needed model, cost of capital models, and daily flash reporting.


Francis X. Ryan, CPA, CGMA, MBA

Frank Ryan, CPA, CGMA, MBA, is the president of F.X. Ryan & Associates, which specializes in lean systems implementations, activity-based costing, strategic and operational risk analyses, and corporate governance evaluations. Frank serves and has served on numerous boards of publicly traded companies and nonprofit organizations. In 2008, he was elected chairman of the board of Good Shepherd Center. Frank has served as chairman of the audit committees of two publicly traded companies, and he’s the current audit committee chairman of a major nonprofit organization in Maryland. Frank is an acclaimed author on activity-based costing, lean systems, and enterprise risk, and he lectures for numerous state and national organizations. Currently, he’s a Western CPE conference instructor, self-study author, and webcast presenter.

Frank graduated summa cum laude from Mount St. Mary’s College and received his MBA from the University of Maryland in 1977.

A retired Marine reserve colonel, he was recalled to active duty out of retirement in 2004 and served with Multi-National Force—Iraq until June 2005. Before retiring, Frank served during Operation Enduring Freedom and spent time in Afghanistan with the Joint Forces Special Operations Command. His personal military decorations include three Legions of Merit, the Bronze Star Medal, the Defense Meritorious Service Medal, the Navy Commendation Medal, and the Army Commendation Medal. Frank's military expertise includes special operations, civil affairs, and economic warfare.

Course Specifics

Accounting , Business Management and Organization
Nov 20, 2017
General familiarity with the concepts of vision, mission, strategy, and critical success factors; inventory costing methods; CAPM/cost of capital calculations; planning and forecasting; risk factors and risk management; financial and operational ratios and metrics.

Compliance Information

Qualifies for CA Fraud: No

Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Identify which activities are critical success factors and determine the risks that are associated with each.
  • Identify how to manage risk factors that are an inherent part of each of the company's critical success factors.
  • Cite how to implement processes and costing methods that support the product concept.
  • Identify how to implement measurement methods that align with the way in which the company carries out its vision, mission, and strategy.
  • Cite how to use analytical tools to identify trends and reveal issues that need to be addressed in order to maintain risk levels that are within the organization's risk appetite.
  • Identify which performance measures assess critical success factors for an organization, and how they should be presented to management.
  • Cite how to prepare timely and consistent information that is useful for management to analyze and apply in daily operations.
  • Identify how to utilize techniques to manage costs and income, even during a recession.

Choose Your Preferred Format

Online Access

Get immediate access to a robust collection of learning and reference materials, allowing you to dive deep into the information you need. Our self-study materials are authored by top-quality, industry experts who focus on helping you grasp concepts quickly using real-life examples. Download your CPE to any device, and take it with you so you can learn when and wherever you want. Complete your CPE with an online exam, and enjoy instant grading with the option to print your certificate immediately upon passing.

online access
Hard Copy

Our self-study materials are authored by top-quality, industry experts. You’ll receive a bound notebook of all the course materials, shipped to you within one business day. In addition, you’ll also have full online access. Each self-study package includes a robust collection of learning and reference materials to help you cover the information efficiently and put it into practice immediately.

hard copy
Self-Study Video

Experience high-quality instruction with our Self-Study Videos, available to you 24/7. With more than 80+ videos currently in the Western CPE Self-Study Video library, you can see and hear our expert instructors deliver the information you need in a dynamic way that allows you to immediately apply your learning. Unlike a live course or webcast, you can complete the course on your own time, playing and pausing as needed. Self-Study Videos allow you to complete your CPE requirements on your own time.

hard copy

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