Dear IMA Members, finance professionals and friends of the IMA,
my name is Florian Kohfink and I am the new regional coordinator in the Munich/Nuremberg area of IMA Germany e.V. I would like to use the opportunity to thank David Fairchild, from whom I have taken over the coordinator role, for his continued and relentless commitment.
We are planning our first Regional Event 2016 in Munich with a very interesting topic on Corporate Performance Management (CPM). During the session we will get an introduction to the CPM solution “Best-Practice EVA”. EVA, which stands for Economic Value-Added, measures the true economic profit that remains after setting aside a full cost of-capital charge, including a priority return for managers. EVA motivates managers to invest capital carefully and accountably and rewards them for turning assets faster and running leaner business models. It also tells them to innovate, invest and grow above the cost of capital, even if existing rates of returns or margins come down. Unlike ROI, its pro-profitable growth. Andrew Liveris, Chairman, President & CEO von Dow Chemical calls Best-Practice EVA a “game changer” (https://youtu.be/HbHW3jt8b2Q). Niko H. Kaden, President of IMA Germany e.V. and Partner at Virtagon International will provide insights into the method and explain how to implement it.
Keynote Speaker: Niko H. Kaden - Chapter President of IMA Germany
Presentation: Corporate (Performance) Management with Best-Practice EVA
Date: June 29th, 2016
Time: 6:00 pm
Location: PricewaterhouseCoopers AG Wirtschaftsprüfungsgesellschaft, Bernhard-Wicki-Straße 8, 80636 München
Non-IMA Members are also welcome! Participants earn 2 hours of CPE credit.
I am very much looking forward to meeting you in Munich!
Regional Coordinator Munich of IMA Germany e.V.
IMA GERMANY e.V.- German Chapter of the Institute of Management Accountants - THE PLACE FOR INTERNATIONAL FINANCE PROFESSIONALS TO MEET AND EXCHANGE IDEAS
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