The aim of the workshop is to provide users of financial information with sufficient background to deal confidently with the main IFRS standards and with a deeper insight into the complexities of the IFRS theory. They will better understand the principles and measures of IFRS, how to implement the IFRS recognition and measurement rules for assets, liabilities, revenues, expenses, gains and losses, in addition to learning the methods of applying IFRS financial statement requirements, including accounting policies and disclosures. Also, they will be taught on how to increase their planning opportunities through awareness of likely future IFRS changes, including prospects for convergence with major national accounting standards
This workshop will guide participants throughout what financial statements are and how to read and analyze them in order to make informed business decisions. In particular, participants will be able to uncover the true business performance of companies through an illustration on how to explore and analyze the glossy headline figures reported. By analyzing financial statements, investors, shareholders, creditors, top management, board of directors and governmental agencies can deduce the efficiency and risks involved in the business, which is an extremely key factor in their decision-making process. This workshop is significantly beneficiary for professionals who are working in finance and accounting departments or involved with credit and business analysis, investment management, investment banking activities and financial decision making
The primary objective of this workshop is to provide the participants with immediate practical knowledge supported by exercises and case studies to understand the principles and practices that form the creation of financial reporting, both internally and externally. The nature of the workshop will allow the participants to go back to work with all the required theoretical knowledge as well as the hands-on techniques they need, in order to be both knowledgeable and confident when dealing with financial figures. This training is ideal for those who are less confident with numbers and the complex terms attached to them. The workshop will challenge the thinking with regards to the complexities of business finance and will surprise the participants when they come to the realization that it is not as sophisticated as they were led to believe. This workshop is recommended for experienced managers, general managers and top executives with limited financial backgrounds
This workshop will help participants understand and explain the international regulatory framework of financial reporting , identify and apply disclosure requirements for companies relating to the presentation of financial reports and notes, prepare group financial statements including subsidiaries, associates and joint ventures, discuss and apply specified IAS and IFRS standards to practical situations, as well as prepare financial statements in accordance with specified IAS, IFRS and other related pronouncements
This workshop will cover everything you need to know as an internal auditor or as a senior in the organization, regardless of your level of experience in the auditing practice. It will introduce you to worldwide best practices and will challenge your thinking about the whole approach to audit, writing reports and recommendations as well as planning the audit process
By establishing a foundation of knowledge of the audit practice, participants will be in a better position to understand the value of the internal audit function, be better equipped to follow best practices in the internal audit function and build knowledge on the increasing responsibilities required from the internal audit function. In this high-speed challenging and difficult business world where the emphasis and importance is on risk management, internal audit knowledge for managers is not an option but a necessity
A budget is generally a list of all planned expenses and revenues. It is a plan for saving and spending. A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods. In other terms, a budget is an organizational plan stated in monetary terms
Modern businesses are an epitome of uncertainty and complexity. Over the period, this uncertainty and complexity in business has led to the development of various management tools, techniques and procedures useful in managing business successfully. In addition, budgeting is the most common and widely used standard device for planning and control. This workshop provides fundamental understanding of budgeting, budgeting process and includes a practical guide for preparing and mastering financial budgets. Budgeting should be one of the tools used to control costs and deploy resources more effectively
In addition to the budgeting concepts, this workshop provides a comprehensive overview of accounting and finance terminologies, It also focuses on basic accounting and finance concepts and will assist executives from non-accounting and financial backgrounds to better appreciate the importance of accounting and finance within their organization