Category: Accounting & Financial Management

International Financial Reporting Standards (IFRS)

International Financial Reporting Standards (IFRS)

City Start Dates Duration Cost Make a booking
London, United Kingdom 10 February, 2020 1 week £2,200 Click here
London, United Kingdom 10 February, 2020 2 weeks £2,200 Click here

This course is designed for financial accountants and controllers wanting a detailed understanding of international standards of the International Accounting Standards. Auditors, Analysts and interpreters of IAS/IFRS financial statements will also benefit greatly from the course and this course will also be of particular benefit to accountants moving into a financial accounting role from other fields.

 Course Objectives

At the end of the course delegates will learn:

  • An in-depth working knowledge of the new ‘world standard’ of financial reporting
  • A technique for extracting the key requirements from standards, and guidance on interpretation and practical application of the standards
  • An awareness of the differences between UK, US and international standards
  • An understanding of imminent changes to IFRS

Course Outline

Introduction

Concepts and presentation

  • The IASB conceptual framework
  • IAS 1 – presentation of statements
  • IAS 10 – events after balance sheet
  • IFRS 5 – assets held for sale and discontinued operations
  • IAS 7 – cash flow statements

Policies and revenue

  • IAS 8 – accounting policies
  • IAS 18 – revenue
  • IAS 11 – construction contracts; revenue and work-in-progress

Inventory and property, plant and equipment

Group Account and International Standards 

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

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Global Treasury Management

Global Treasury Management

No Events

In the context of today’s business world and volatile markets, be it the efficient management of money, managing the financial risks for the firm, or raising and running capital and the balance sheet, the treasurer’s function has become a critical cog in the wheel of an enterprise’ smooth functioning.

As companies re-evaluate how they manage their internal resources and external business relationships around the world for maximum efficiency, excellence within their Treasury department is critical for success. Treasury evaluates when and how a company invests its assets. Treasury is the department responsible for ensuring that a company has enough cash on hand to fund its very operations. From liquidity management to risk management, Treasury now sits at the intersection of many critical decisions.

Course objective

At the end of the course delegates will be able to:

  • The role of the corporate treasurer
  • The structure of the treasury
  • Cash and liquidity management
  • Interest rate and foreign exchange management
  • Cash flow forecasting
  • Working capital management
  • Managing risk in corporate treasury
  • Enterprise risk management
  • Managing Financial risk

Course Outline

  • Treasury Management
  • Working Capital Management
  • Financing Alternatives
  • Financial Strength and Linkages with Liquidity
  • Cash and Liquidity Management
  • The use of Derivatives to Manage Risk
  • Enterprise Risk Management
  • Managing the Treasury Department

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Project Finance Management

Project Finance Management

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 08 July 2019 5 days ₦210,000 Click here
Lagos, Nigeria 13 January 2020 5 days ₦210,000 Click here

“There is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order of things.” Machiavelli’s thoughts on project management 500 years are equally relevant to anybody involved delivering high value complex projects today.  And when the pressure is on capital funding project managers will increasingly find that they need a good understanding of the financial aspects of project management to cope with the responsibilities placed upon them to deliver value for money.  This intensive course provides the opportunity to cover the key financial aspects of project management and apply them to successful project management.

Course Objectives

At the end of the course delegates will:

  • Understand, analyze and interpret financial statements and use them as tools in assessing the financial strength of project proposals;
  • Understand the vital difference between profit and cashflow and how they provide two yardsticks for successful project delivery;
  • Master the key financial principles of planning and delivering a successful and profitable project

Course Content

  • Accounting principles and financial statements
  • Measuring project performance objectives
  • Working capital management and cashflow improvement
  • Project financial basics
  • Project financial appraisal techniques
  • Public and government sector project approval methods
  • Capital allocation methods for competing projects
  • Common methods for financial evaluation of projects
  • Return on investment (ROI) approach and payback method
  • Net present value (NPV) and discounted cashflow (DCF) techniques
  • Preparing winning project bids and proposals
  • Project budgeting and contingency funds
  • Using Work Breakdown Schedules for accurate forecasting
  • Effective pricing and discounting methods
  • Managing project cashflow with milestone payments
  • Monitoring and controlling project costs
  • Principles of effective project cost management and control
  • Identifying the cause of project overspends and maintaining financial targets
  • Managing Risk
  • Understanding the nature and cause of risk
  • Developing effective financial risk management systems

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Forensic Auditing and Accounting

Forensic Auditing and Accounting

City Start Dates Duration Cost Make a booking
London, United Kingdom 05 August 2019 1 week £2,950 Click here
London, United Kingdom 05 August 2019 2 weeks £3,950 Click here

The term ‘forensic’ means suitable for courts of justice or for public discussion and debate.  Forensic auditing provides an investigation methodology and accounting analysis that is suitable to the court, which will form the basis for discussion, debate and ultimately dispute resolution. This course concentrates on practical advice for internal auditors in the fight against fraud, with focus sessions on deterrence, data mining and interviewing in a stressed environment. It provides an incisive analysis of how fraud occurs within an organisation and explains the latest techniques for fighting it.

Course Objectives

At the end of the course delegates will have a better understanding of:

  • Detection of white collar crimes within an organization
  • Skills for Forensic Investigations
  • Successful prosecution of economic crimes, in particular fraud
  • The integration of accounting, auditing and investigative skills.

Course Outline

Forensic Auditing Overview

White Collar Crime and Business Risk

  • The black economy – awareness and profiles
  • Money laundering component and the proceeds of crime
  • Governance and business risk overview
  • Fraud theory (definitions, types and scale)
  • Limitations of traditional audit techniques
  • Strategic fraud prevention plan

Detection and the Forensic Audit Toolkit

Investigations and Expert Witness Testimony

  • Use of publicly available information
  • Use of documentary evidence
  • Interviewing in a stressed environment – the five possible stages of a fraud interview and how best to handle each stage
  • Assessing quantum of loss
  • Reporting
  • Practical case-management tips
  • Dealing with lawyers and handling court situations

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Auditing and Accounting in a Computer Environment

Asset Liability Management: Tools and Techniques

No Events

The course emphasizes the relationship between accounting and information technology. It has been designed to give accountants a head start in their chosen profession. Delegates would be able to enter confidently the role of accounting and audit, computer audit, internal audit, crime prevention and detection, insurance and banking. Most of today’s financial frauds emerge from a computerized environment and so the course emphasizes the relationship between accounting and IT. Delegates will build a capacity to aid in the investigation of potential frauds by developing current technical accounting understanding and practice.

Course objective

At the end of the course delegates will be able to:

  • An in-depth knowledge of systems auditing and related subjects from a theoretical and practical perspective.
  • The risk exposures in an IT environment and the internal controls to minimize these risks

Course Outline

  • What is audit in a computer environment?
  • Auditing around the computer
  • Auditing through the Computer
  • Auditing with the computer
  • Use of computer of audit automation
  • The computer systems challenges
  • Lack of visible evidence and systematic errors – What to do
  • Controls over audit computers
  • Security and Accuracy (of input, processing and output)
  • Back up of data contained on files, regular production of hard copy; back-up disks held off the premises
  • The internal control over computer based accounting system
  • Computer Assisted Audit Techniques (CAATs)

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Auditing and Accounting in a Computer Environment

Asset Liability Management: Tools and Techniques

No Events

The course emphasizes the relationship between accounting and information technology. It has been designed to give accountants a head start in their chosen profession. Delegates would be able to enter confidently the role of accounting and audit, computer audit, internal audit, crime prevention and detection, insurance and banking. Most of today’s financial frauds emerge from a computerized environment and so the course emphasizes the relationship between accounting and IT. Delegates will build a capacity to aid in the investigation of potential frauds by developing current technical accounting understanding and practice.

Course objective

At the end of the course delegates will be able to:

  • An in-depth knowledge of systems auditing and related subjects from a theoretical and practical perspective.
  • The risk exposures in an IT environment and the internal controls to minimize these risks

Course Outline

  • What is audit in a computer environment?
  • Auditing around the computer
  • Auditing through the Computer
  • Auditing with the computer
  • Use of computer of audit automation
  • The computer systems challenges
  • Lack of visible evidence and systematic errors – What to do
  • Controls over audit computers
  • Security and Accuracy (of input, processing and output)
  • Back up of data contained on files, regular production of hard copy; back-up disks held off the premises
  • The internal control over computer based accounting system
  • Computer Assisted Audit Techniques (CAATs)

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Auditing and Accounting in a Computer Environment

Asset Liability Management: Tools and Techniques

No Events

The course emphasizes the relationship between accounting and information technology. It has been designed to give accountants a head start in their chosen profession. Delegates would be able to enter confidently the role of accounting and audit, computer audit, internal audit, crime prevention and detection, insurance and banking. Most of today’s financial frauds emerge from a computerized environment and so the course emphasizes the relationship between accounting and IT. Delegates will build a capacity to aid in the investigation of potential frauds by developing current technical accounting understanding and practice.

Course objective

At the end of the course delegates will be able to:

  • An in-depth knowledge of systems auditing and related subjects from a theoretical and practical perspective.
  • The risk exposures in an IT environment and the internal controls to minimize these risks

Course Outline

  • What is audit in a computer environment?
  • Auditing around the computer
  • Auditing through the Computer
  • Auditing with the computer
  • Use of computer of audit automation
  • The computer systems challenges
  • Lack of visible evidence and systematic errors – What to do
  • Controls over audit computers
  • Security and Accuracy (of input, processing and output)
  • Back up of data contained on files, regular production of hard copy; back-up disks held off the premises
  • The internal control over computer based accounting system
  • Computer Assisted Audit Techniques (CAATs)

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Advance Excel Skills for Finance Managers

Advance Excel Skills for Finance Managers

City Start Dates Duration Cost Make a booking
London, United Kingdom 08 July 2019 1 week £2,750 Click here
London, United Kingdom 08 July 2019 2 weeks £3,850 Click here

Most Financial Accountants realised that they could further harness the power of Excel if they could have a better handle of its structure, formulas and functions. This is much complicated by the incomprehensive jargon and procedures. This course is therefore directed at the person who needs to use Excel in their everyday job to improve decision-making and productivity.

Course objective

At the end of the course delegates will be able to:

  • Handle Excel’s structure, formulas and functions effectively.
  • Know how to build a clear and accurate data.
  • Establish a complex spreadsheet system in the area of finance and business, accounting, banking and insurance.
  • Understanding the process of spreadsheet consolidation and linking.
  • Know how Formulae and Functions work.
  • Find out how to design and create forms using Excel.

Course Outline

  • Spreadsheet Concept and Structure
  • Building Basic Formulas
  • Creating Advanced Formulas
  • Spreadsheet Calculation Techniques
  • Spreadsheet Consolidation and Linking
  • Charting Techniques and Presentation
  • Auditing and Debugging

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Advance Excel Skills for Finance Managers

Advance Excel Skills for Finance Managers

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 26 February 2020 3 days ₦189,000 Click here

Most Financial Accountants realised that they could further harness the power of Excel if they could have a better handle of its structure, formulas and functions. This is much complicated by the incomprehensive jargon and procedures. This course is therefore directed at the person who needs to use Excel in their everyday job to improve decision-making and productivity.

Course objective

At the end of the course delegates will be able to:

  • Handle Excel’s structure, formulas and functions effectively.
  • Know how to build a clear and accurate data.
  • Establish a complex spreadsheet system in the area of finance and business, accounting, banking and insurance.
  • Understanding the process of spreadsheet consolidation and linking.
  • Know how Formulae and Functions work.
  • Find out how to design and create forms using Excel.

Course Outline

  • Spreadsheet Concept and Structure
  • Building Basic Formulas
  • Creating Advanced Formulas
  • Spreadsheet Calculation Techniques
  • Spreadsheet Consolidation and Linking
  • Charting Techniques and Presentation
  • Auditing and Debugging

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Budgeting and Financial Management in an Era of Globalization

Budgeting and Financial Management in an Era of Globalization

City Start Dates Duration Cost Make a booking
London, United Kingdom 08 July 2019 1 week £2,600 Click here
London, United Kingdom 08 July 2019 2 weeks £3,850 Click here
London, United Kingdom 18 November 2019 1 week £2,600 Click here
London, United Kingdom 18 November 2019 2 weeks £3,850 Click here

This is a senior-level, course that examines the theory and practice of budgeting and financial management in an era of globalization. The course conveys an understanding of the purposes and roles of budgeting in several types of organizations and examines the major trends and the political, economic, and financial considerations involved in budgeting. One such consideration is globalization. Delegates will explore the impact of globalization on the governance capacity of governments and discuss what globalization means for budgeting.

This course will examine the various theories, practices, challenges, and reforms of budgeting and financial management in governments and government agencies. Delegates will learn what budgeting in a globalized era is and what its related theories are; how budgets are formulated; the roles of politics, economics, and management in public budgeting; how public resources should be allocated efficiently; the impact of globalization on the governance capacity of governments; what globalization means for budgeting; and the feasibility of recent initiatives.

Course Objectives

By the end of this course, each delegate will be able to:

  • Budgeting and financial management in an era of globalization
  • How the budget relates to the two key financial statements: balance sheet and income statement
  • How to prepare a budget consistent with the organization’s strategic plan
  • How to use appropriate estimation techniques in the development of revenue and expense budgets
  • Identify all the appropriate costs to be included in a capital expenditure proposal
  • How to analyze management cost reports and take corrective action

Course Outline  

  • Budgeting and Financial Management in an Era of Globalization
  • Overview and Trends in Public Budgeting
  • Theories of Budgeting
  • Theory Continued—Politics and Bureaucracy in Public Budgeting
  • Macroeconomic Issues in Public Budgeting
  • The Tax System, Tax Expenditures, and Tax Reform
  • Accountability, Management, and Efficiency of Resource Allocation
  • Reform Initiatives and the Realities of Budgeting
  • Accounting Rate of Return
  • Cost Control and Management Budget Reports
  • Approaches to Cost Control

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Budgeting and Financial Management in an Era of Globalization

Budgeting and Financial Management in an Era of Globalization

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 05 August 2019 5 days ₦262,500 Click here

This is a senior-level, course that examines the theory and practice of budgeting and financial management in an era of globalization. The course conveys an understanding of the purposes and roles of budgeting in several types of organizations and examines the major trends and the political, economic, and financial considerations involved in budgeting. One such consideration is globalization. Delegates will explore the impact of globalization on the governance capacity of governments and discuss what globalization means for budgeting.

This course will examine the various theories, practices, challenges, and reforms of budgeting and financial management in governments and government agencies. Delegates will learn what budgeting in a globalized era is and what its related theories are; how budgets are formulated; the roles of politics, economics, and management in public budgeting; how public resources should be allocated efficiently; the impact of globalization on the governance capacity of governments; what globalization means for budgeting; and the feasibility of recent initiatives.

Course Objectives

By the end of this course, each delegate will be able to:

  • Budgeting and financial management in an era of globalization
  • How the budget relates to the two key financial statements: balance sheet and income statement
  • How to prepare a budget consistent with the organization’s strategic plan
  • How to use appropriate estimation techniques in the development of revenue and expense budgets
  • Identify all the appropriate costs to be included in a capital expenditure proposal
  • How to analyze management cost reports and take corrective action

Course Outline  

  • Budgeting and Financial Management in an Era of Globalization
  • Overview and Trends in Public Budgeting
  • Theories of Budgeting
  • Theory Continued—Politics and Bureaucracy in Public Budgeting
  • Macroeconomic Issues in Public Budgeting
  • The Tax System, Tax Expenditures, and Tax Reform
  • Accountability, Management, and Efficiency of Resource Allocation
  • Reform Initiatives and the Realities of Budgeting
  • Accounting Rate of Return
  • Cost Control and Management Budget Reports
  • Approaches to Cost Control

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Risk Assessment and Introduction to Internal Control

Risk Assessment and Introduction to Internal Control

No Events

This course is designed to give you a solid understanding of systems and control documentation at the significant process level. After an overview of the latest COSO guidance on the components and principles of effective internal control, this course will introduce you to basic tools used to document an accounting process. You will then be able to identify the risks of errors and fraud in the accounting system and the presence (or absence) of compensating controls. Finally, you will practice identifying key controls and control weaknesses.

Course Objectives

At the end of the course delegates will be able to:

  • Interpret basic documentation of a significant accounting process
  • Identify the significant risks of fraud and errors
  • Locate the presence or absence of compensating controls
  • Identify key controls and control weaknesses
  • Internal Control for Smaller Entities

Course Outline

  • Internal Control
  • Identifying, Measuring and Managing Risk;
  • Risk Assessment;
  • Building An Environment that Supports Business Controls;
  • Assessing the Effectiveness of Controls in A Business;
  • Control Reporting Metrics and Defect Management System;
  • Corporate Governance Practices.
  • The Auditing Standards Board and Internal Control
    • Learning Objectives
    • Auditing Standards Board – Beyond Internal Controls
      • Industry Controllers and the Audit Standards
    • Factors to Consider When Obtaining an Understanding of the Entity and Its Environment
    • Risk Assessment Procedures
    • Brainstorming
    • Inquiries
    • Analytical Procedures
      • Expectation Formulation
      • Identification, Investigation, and Evaluation
      • Possible Adjustments to Unadjusted Client Accounts
    • Observation and Inspection
    • Are Independent Auditors Part of the Entity’s Internal Control?
    • Summary
  • Internal Control Definitions and Concepts
    • Learning Objectives
    • Introduction
    • SOX Section 404
      • Auditing Standards Board’s Definition of Internal Control
    • COSO Framework
    • COSO Definition of Internal Control
    • Auditing Standard No. 5 – Levels of Controls
      • Entity-Level Controls
      • Account/Process Level of Controls
      • A Combined Model
    • Summary
  • The Control Environment – An In-Depth Review
    • Learning Objectives
    • Introduction
    • The Control Environment
      • Integrity and Ethical Values
      • Board of Directors
      • Management’s Philosophy and Operating Style
      • Organizational Structure
      • Financial Reporting Competencies
      • Authority and Responsibility
      • Human Resources
    • Entity-Level Controls
    • Controls over the Period-End Financial Reporting Process
      • Spreadsheets
      • Selection of Accounting Policies
    • General IT Controls
    • Summary
  • Risk Assessment and Fraud – An In-Depth Review
    • Learning Objectives
    • Introduction
    • Risk Assessment and Objectives
      • Risk Sources
    • COSO for Smaller Public Companies
    • Financial Reporting Objectives
    • Financial Reporting Risks
    • Fraud Risk
    • Risk Assessment – Application to Small and Midsized Entities
    • Examples of Risks of Misstatement of Financial Statements
      • Revenue Cycle Example – Flawed System Design – Errors
      • Expenditure Cycle – Flawed System Design – Errors
      • Cash Receipts Example – Flawed System Design – Misappropriation of Assets
      • Fraudulent Financial Reporting
    • Summary
  • Control Activities – An In-Depth Review
    • Learning Objectives
    • Introduction
    • Control Activities
      • Integration with Risk Assessment
      • Selection and Development of Control Activities
      • Policies and Procedures
      • Documentation Issues – Management
    • Information Technology
    • Input Controls
      • Examples of Input Controls
    • Processing Controls
      • Examples of Processing Controls
    • Output Controls
    • Other Attributes of IT Controls
    • Complexity of IT
      • Complex IT System Characteristics
      • Less Complex IT System Characteristics
    • End-User Computing
      • Description
      • Advantages
      • Three Forms
      • Acquisition and Use of Hardware – Risks
      • Acquisition and Use of Software – Risks and Controls
      • Application Development – Risks
      • Logical Access to Sensitive Data – Risks
      • Physical Security of Data and Systems – Risks and Responses
    • COSO – Internal Control – Integrated Framework Control Activities
      • Type of Control Activities
      • Integration with Risk Assessment
      • Controls over Information Systems
      • Entity-specific Controls
    • Documentation of Account/Transaction Level Controls
    • Application to Small and Midsized Entities
    • Summary
  • Information and Communication – An In-Depth Review
    • Learning Objectives
    • Introduction
    • Information and Communication
    • Financial Reporting Information
    • Internal Control Information
    • Internal Communication
    • External Communication
    • AU Section 314 – Information and Communication
      • Audit Requirements: Information and Communication
    • Automated and Manual Procedures
    • Communication
    • IT: Information and Communication
    • Information and Communication – Application to Small and Midsized Entities
    • Summary
  • Monitoring – An In-Depth Review
    • Learning Objectives
    • Introduction
    • Monitoring
    • Attributes of the Principle
    • Reporting Deficiencies
    • Monitoring – COSO, Integrated Framework
    • Ongoing Monitoring
    • Separate Evaluations
      • Documentation in a Separate Evaluation
      • How to Conduct a Separate Evaluation
      • Reporting Deficiencies in a Separate Evaluation
      • AS No. 5’s Categories of Deficiencies
    • Deficiencies that Are at Least Significant
    • Additional Control Deficiencies: AU Section 325A
    • Update to Standards on Communicating Internal Control Related Matters Identified in an Audit
    • Monitoring – AU Section 314
      • Audit Requirements and Monitoring
    • Monitoring – Application to Small and Midsized Entities
    • Summary
  • Documentation – Guidance and Tools
    • Learning Objectives
    • Introduction
    • Internal Control Questionnaires
      • Internal Control Questionnaires Issues
    • Narratives
    • Flowcharts
    • Control Matrices
      • Example
    • Other Internal Control Documentation Tools
    • Summary
    • Appendix – “Choose the Right Tools for Internal Control Reporting”
  • Illustrative Case
    • Learning Objective
    • Overview
    • Case
      • Narrative
      • Requirements
      • Solution to Case
  • Latest Developments
  • Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Excel Reports & Dashboards for Business Managers

Excel Reports & Dashboards for Business Managers

City Start Dates Duration Cost Make a booking
London, United Kingdom 08 July 2019 1 week £2,600 Click here
London, United Kingdom 08 July 2019 2 weeks £3,600 Click here
London, United Kingdom 03 February 2020 1 week £2,600 Click here
London, United Kingdom 03 February 2020 2 weeks £3,600 Click here

This course focuses on Creating Professional & User-Friendly Reports & Dashboards Using Excel. The course will enhance the capability of delegates to conceive and build analytical and visually appealing and user-friendly Key Performance Indicators (KPIs) reports and dashboards using Excel. This will aid Executive/Senior Management to easily analyze financial transactions and quickly identify and respond to business trends.

Course objective

At the end of the course delegates will:

  • Have the opportunity to integrate the complex concept of Business Intelligence & Dashboards into their day-to-day analysis and reporting tasks using Excel.
  • Possess knowledge and extensive use of Excel spreadsheets. To effectively achieve this delegates are expected to possess intermediate-level Excel skills with a strong grasp of concepts such as table structures, filtering, sorting, and use of Excel formulas.

Course Contents

  • Excel as Business Intelligence Software
  • Dashboards Vs Traditional Reports
  • Design Principles for Excel Reports & Dashboards
  • Data Model for Excel Reports & Dashboards
  • Excel Functions for Reports & Dashboards
  • Excel Tables and Charts for Reports & Dashboards
  • Pivot Tables for Excel Reports & Dashboards
  • Pivot Charts, Slicers & Sparklines
  • Automating Excel Reports & Dashboards

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Operational Risk Management and Credit Risk Practice

Operational Risk Management and Credit Risk Practice

City Start Dates Duration Cost Make a booking
London, United Kingdom 05 August 2019 1 week £2,600 Click here
London, United Kingdom 05 August 2019 2 weeks £3,600 Click here

An extensive knowledge and understanding of credit risk practices is critical to the Head Office functions of banks, the retail units, the business/commercial units of banks where skills in critical analysis, evaluation and synthesis of complex issues are paramount in order to identify, assess, monitor and report risk.

Course objectives

At the end of the course delegates will learn that:

  • Understanding of how credit risk functions and how it plays its part in managing risk for a banking business
  • How a bank manages their internal risks and how customers should manage their credit risks
  • Developing effective problem solving and decision making using appropriate quantitative and qualitative skills
  • Developing cognitive skills of critical thinking analysis and synthesis in relation to industry, business and financial risks
  • Understanding of what risk is and how it can be identified and monitored
  • Creating, evaluating and assessing a range of options to apply to a range of situations in the financial services industry

Course outline

  • Operational risk and business continuity management
  • Responsibility and accountability
  • Operational risk management lifecycle
  • Purpose of risk assessment and probability; benefits
  • A methodical risk assessment approach: steps and techniques
  • Risk mitigation, appetite/tolerance and its benefits
  • Loss data analysis
  • Monitoring and reporting
  • A risk-based management approach to controls
  • Crisis management
  • Risk-based capital and Basel 2
  • Governmental policy and Corporate Governance
  • How is risk managed and overviewed
  • The credit scoring system
  • Higher value lending
  • Analysis of credit risk and liability risk
  • Credit risk in business units of banks
  • Risk management strategy, analysis and assessment
  • Financial repayment risk

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Operational Risk Management and Credit Risk Practice

Operational Risk Management and Credit Risk Practice

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 04 November 2019 5 days ₦210,000 Click here
Lagos, Nigeria 04 May 2020 5 days ₦210,000 Click here

An extensive knowledge and understanding of credit risk practices is critical to the Head Office functions of banks, the retail units, the business/commercial units of banks where skills in critical analysis, evaluation and synthesis of complex issues are paramount in order to identify, assess, monitor and report risk.

Course objectives

At the end of the course delegates will learn that:

  • Understanding of how credit risk functions and how it plays its part in managing risk for a banking business
  • How a bank manages their internal risks and how customers should manage their credit risks
  • Developing effective problem solving and decision making using appropriate quantitative and qualitative skills
  • Developing cognitive skills of critical thinking analysis and synthesis in relation to industry, business and financial risks
  • Understanding of what risk is and how it can be identified and monitored
  • Creating, evaluating and assessing a range of options to apply to a range of situations in the financial services industry

Course outline

  • Operational risk and business continuity management
  • Responsibility and accountability
  • Operational risk management lifecycle
  • Purpose of risk assessment and probability; benefits
  • A methodical risk assessment approach: steps and techniques
  • Risk mitigation, appetite/tolerance and its benefits
  • Loss data analysis
  • Monitoring and reporting
  • A risk-based management approach to controls
  • Crisis management
  • Risk-based capital and Basel 2
  • Governmental policy and Corporate Governance
  • How is risk managed and overviewed
  • The credit scoring system
  • Higher value lending
  • Analysis of credit risk and liability risk
  • Credit risk in business units of banks
  • Risk management strategy, analysis and assessment
  • Financial repayment risk

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Risk Management after the Subprime Crisis

Risk Management after the Subprime Crisis

City Start Dates Duration Cost Make a booking
London, United Kingdom 05 August 2019 1 week £2,750 Click here
London, United Kingdom 05 August 2019 2 weeks £4,200 Click here

This course provides an understanding of the mechanisms that lead to the subprime and the 2007 crisis, and highlights the new rules and regulations that followed, together with the game-changing conditions for financial institutions and regulatory bodies. It shows the areas of weaknesses that were overlooked prior to 2007 in most banks and how or if these weaknesses were later addressed, and how new methods for risk management emerged.

There are no formal prerequisites.

Course Objectives

At the end of the course delegates will be able to:

  • Understand the banking mechanisms that should have prevented the crisis to occur and to spread
  • analyse factors of the 2007 crisis and the comparable crises that could happen again
  • understand, within financial institutions, what are the new structures put in place and how these can handle the next crises
  • come to a representation of what it takes to manage risks in a post-crisis world

Course Outline

  • The structure of the subprime market
  • The financial system, 2007-20xx
  • Risk management failures
  • Basel III and other reactive regulation
  • Risk management techniques beyond regulation

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

International Public Sector Accounting Standards (IPSAS)

International Public Sector Accounting Standards (IPSAS)

City Start Dates Duration Cost Make a booking
Dubai, United Arab Emirates 17 June 2019 2 weeks £3,600 Click here

This IPSAS course has been designed to provide an overview of the background of IPSAS and its objectives. In addition to an overview of current accrual-based IPSAS, our expert facilitator will provide best practice information on financial reporting under the cash basis of accounting. At the end of this course, each delegate would have also received up-to-date information on IPSASB’s current exposure drafts and projects. Its application of the requirements, issues and opportunities will be illustrated through the use of short case studies, questions and group exercise.

Course Objectives

  • Review the basic principles of accrual accounting
  • Differentiate cash based accounting from accrual accounting
  • Discuss and apply the requirements of IPSAS
Understand the challenges and consequences of adopting IPSAS for the first time
  • Determine the costs and benefits for implementing IPSAS and implications
  • Determine the systems modifications and other changes required to implement IPSAS
  • Understand the unique strategies for managing the transition from local GAAP to IPSAS

Course Outline

  • General introduction to IPSAS
  • Key characteristics of the public sector
  • Accounting for assets (intangibles, property, plant and equipment, leases, inventories, etc.)
  • Accounting for liabilities (provisions, expenses and liabilities, employee benefits)
  • Financial instruments
  • Revenue from exchange and non-exchange transactions
  • Public sector consolidation

IFRS Versus IPSAS

  • Accounting Standards Setting Bodies
  • IPSAS and IFRS Equivalents
  • Government Accounting
  • Revenue Recognition
  • Inventories
  • First-time adoption IFRS/IPSAS
  • Budget reporting
  • Service concession agreements

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

International Public Sector Accounting Standards (IPSAS)

International Public Sector Accounting Standards (IPSAS)

City Start Dates Duration Cost Make a booking
London, United Kingdom 10 February 2020 1 week £2,500 Click here
London, United Kingdom 10 February 2020 2 weeks £3,600 Click here
London, United Kingdom 23 April 2020 1 week £2,500 Click here
London, United Kingdom 23 April 2020 2 weeks £3,600 Click here

This IPSAS course has been designed to provide an overview of the background of IPSAS and its objectives. In addition to an overview of current accrual-based IPSAS, our expert facilitator will provide best practice information on financial reporting under the cash basis of accounting. At the end of this course, each delegate would have also received up-to-date information on IPSASB’s current exposure drafts and projects. Its application of the requirements, issues and opportunities will be illustrated through the use of short case studies, questions and group exercise.

Course Objectives

  • Review the basic principles of accrual accounting
  • Differentiate cash based accounting from accrual accounting
  • Discuss and apply the requirements of IPSAS
Understand the challenges and consequences of adopting IPSAS for the first time
  • Determine the costs and benefits for implementing IPSAS and implications
  • Determine the systems modifications and other changes required to implement IPSAS
  • Understand the unique strategies for managing the transition from local GAAP to IPSAS

Course Outline

  • General introduction to IPSAS
  • Key characteristics of the public sector
  • Accounting for assets (intangibles, property, plant and equipment, leases, inventories, etc.)
  • Accounting for liabilities (provisions, expenses and liabilities, employee benefits)
  • Financial instruments
  • Revenue from exchange and non-exchange transactions
  • Public sector consolidation

IFRS Versus IPSAS

  • Accounting Standards Setting Bodies
  • IPSAS and IFRS Equivalents
  • Government Accounting
  • Revenue Recognition
  • Inventories
  • First-time adoption IFRS/IPSAS
  • Budget reporting
  • Service concession agreements

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

International Public Sector Accounting Standards (IPSAS)

International Public Sector Accounting Standards (IPSAS)

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 05 August 2019 5 days ₦262,500 Click here
Lagos, Nigeria 27 April 2020 5 days ₦262,500 Click here

This IPSAS course has been designed to provide an overview of the background of IPSAS and its objectives. In addition to an overview of current accrual-based IPSAS, our expert facilitator will provide best practice information on financial reporting under the cash basis of accounting. At the end of this course, each delegate would have also received up-to-date information on IPSASB’s current exposure drafts and projects. Its application of the requirements, issues and opportunities will be illustrated through the use of short case studies, questions and group exercise.

Course Objectives

  • Review the basic principles of accrual accounting
  • Differentiate cash based accounting from accrual accounting
  • Discuss and apply the requirements of IPSAS
Understand the challenges and consequences of adopting IPSAS for the first time
  • Determine the costs and benefits for implementing IPSAS and implications
  • Determine the systems modifications and other changes required to implement IPSAS
  • Understand the unique strategies for managing the transition from local GAAP to IPSAS

Course Outline

  • General introduction to IPSAS
  • Key characteristics of the public sector
  • Accounting for assets (intangibles, property, plant and equipment, leases, inventories, etc.)
  • Accounting for liabilities (provisions, expenses and liabilities, employee benefits)
  • Financial instruments
  • Revenue from exchange and non-exchange transactions
  • Public sector consolidation

IFRS Versus IPSAS

  • Accounting Standards Setting Bodies
  • IPSAS and IFRS Equivalents
  • Government Accounting
  • Revenue Recognition
  • Inventories
  • First-time adoption IFRS/IPSAS
  • Budget reporting
  • Service concession agreements

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

International Financial Reporting Standards (IFRS)

International Financial Reporting Standards (IFRS)

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 02 September 2019 5 days ₦210,000 Click here

This course is designed for financial accountants and controllers wanting a detailed understanding of international standards of the International Accounting Standards. Auditors, Analysts and interpreters of IAS/IFRS financial statements will also benefit greatly from the course and this course will also be of particular benefit to accountants moving into a financial accounting role from other fields.

 Course Objectives

At the end of the course delegates will learn:

  • An in-depth working knowledge of the new ‘world standard’ of financial reporting
  • A technique for extracting the key requirements from standards, and guidance on interpretation and practical application of the standards
  • An awareness of the differences between UK, US and international standards
  • An understanding of imminent changes to IFRS

Course Outline

Introduction

Concepts and presentation

  • The IASB conceptual framework
  • IAS 1 – presentation of statements
  • IAS 10 – events after balance sheet
  • IFRS 5 – assets held for sale and discontinued operations
  • IAS 7 – cash flow statements

Policies and revenue

  • IAS 8 – accounting policies
  • IAS 18 – revenue
  • IAS 11 – construction contracts; revenue and work-in-progress

Inventory and property, plant and equipment

Group Account and International Standards 

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Public Financial Management: Reporting and Auditing

Public Financial Management: Reporting and Auditing

No Events

This course covers the importance topic of accounting and accountability. Accounting is the core part of governance, which has gained such importance in recent years, especially in developing countries. Civil society organisations have also recognised the importance of public finance, with many of them now being active in the area of budget analysis. This course is aims to enable you to have a broad understanding of the area to allow you to be able to review and understand the accounts and financial statements produced by governments and other public entities, and to understand the role and scope of audit in the public sector.

Course Objectives

At the end of this course you will be able to:

  • Understand the purpose and methods of accounting for public sector entities and governments
  • Assess the appropriate accounting base for different types of transaction
  • Describe the relationship between types of management controls and types of accounting
  • Describe the main accounting standards and understand the differences among them
  • Understand the particular accounting problems of transactions that are exclusive to the public sector

Course Outline

  • Public Sector Accounting
  • What is Public Financial Management?
  • Workflow and the Accounting Base
  • Financial Reporting under the Cash Basis of Accounting
  • The Cash Basis IPSAS and the Relevance of Consolidated Accounts for the Public Sector
  • Accounting for International Aid
  • Budget Reporting Standards
  • Application of IFRS to the Public Sector
  • IPSAS 1 to 21 – Definitions and Broad Principles
  • Interpretation of Financial Statements based on the IPSAS
  • Social Policy Obligations – State Pensions
  • PFI and PPP
  • PEFA Benchmark for Public Financial Management
  • Standards and Guidance for Audit in the Public Sector
  • Public Expenditure and Financial Accountability (PEFA) – Performance Measurement Framework
  • Independence and the Auditor-General

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Public Financial Management: Reporting and Auditing

Public Financial Management: Reporting and Auditing

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 08 July 2019 5 days ₦210,000 Click here
Lagos, Nigeria 13 January 2020 5 days ₦210,000 Click here

This course covers the importance topic of accounting and accountability. Accounting is the core part of governance, which has gained such importance in recent years, especially in developing countries. Civil society organisations have also recognised the importance of public finance, with many of them now being active in the area of budget analysis. This course is aims to enable you to have a broad understanding of the area to allow you to be able to review and understand the accounts and financial statements produced by governments and other public entities, and to understand the role and scope of audit in the public sector.

Course Objectives

At the end of this course you will be able to:

  • Understand the purpose and methods of accounting for public sector entities and governments
  • Assess the appropriate accounting base for different types of transaction
  • Describe the relationship between types of management controls and types of accounting
  • Describe the main accounting standards and understand the differences among them
  • Understand the particular accounting problems of transactions that are exclusive to the public sector

Course Outline

  • Public Sector Accounting
  • What is Public Financial Management?
  • Workflow and the Accounting Base
  • Financial Reporting under the Cash Basis of Accounting
  • The Cash Basis IPSAS and the Relevance of Consolidated Accounts for the Public Sector
  • Accounting for International Aid
  • Budget Reporting Standards
  • Application of IFRS to the Public Sector
  • IPSAS 1 to 21 – Definitions and Broad Principles
  • Interpretation of Financial Statements based on the IPSAS
  • Social Policy Obligations – State Pensions
  • PFI and PPP
  • PEFA Benchmark for Public Financial Management
  • Standards and Guidance for Audit in the Public Sector
  • Public Expenditure and Financial Accountability (PEFA) – Performance Measurement Framework
  • Independence and the Auditor-General

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Financial Crime and Money Laundering

Financial Crime and Money Laundering

City Start Dates Duration Cost Make a booking
London, United Kingdom 08 July 2019 1 week £2,600 Click here
London, United Kingdom 08 July 2019 2 weeks £4,000 Click here
London, United Kingdom 03 February 2020 1 week £2,600 Click here
London, United Kingdom 03 February 2020 2 weeks £4,000 Click here

Financial crime and money laundering have become the biggest challenges in today’s banking. Banks and financial institutions are in continuous threat of gangs attempting to get access to millions of bank customers’ accounts, and the Bank itself.  Good knowledge and skills to combat financial crime and money laundering are very important, as the techniques employed are becoming more and more engineered with different variants in order to succeed in their goal of defrauding financial institutions and their customers.

 Course objectives

At the end of the course delegates will be able to:

  • Understanding what financial crime is and how it works
  • Developing the skills, techniques and practices used in the identification of possible cases of financial crime
  • Understanding the regulations around financial crime and money laundering
  • Creating a range of skills, techniques and practices that can be used within the procedures to combat financial crime
  • Understanding what money laundering is and the different schemes used
  • Identifying suspicious transactions and what steps to take
  • When and how to report a suspicious transaction
  • How to implement a money laundering policy

Course outline

  • The nature, types and consequences of financial crime
  • Legislation on crimes in financial markets and systems
  • Interpol and the FATF
  • What is forgery and counterfeit money and the origin of money laundering
  • Forgeries used to defraud financial institutions
  • Risks and consequences of theft
  • Identity theft in financial institutions
  • Fraud – preconditions and types
  • Responsibility for fraud prevention and detection
  • Rational for technology-based crime
  • Hacking, Malware, Phishing, Pharming
  • The money laundering process
  • Anti-money laundering legislations
  • Money laundering schemes
  • The reporting procedure – function of the MLRO
  • Money laundering awareness and training

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Hedge Accounting

Hedge Accounting

City Start Dates Duration Cost Make a booking
London, United Kingdom 01 July 2019 1 week £2,750 Click here
London, United Kingdom 01 July 2019 2 weeks £4,200 Click here
London, United Kingdom 14 October 2019 1 week £2,750 Click here
London, United Kingdom 14 October 2019 2 weeks £4,200 Click here

This course is intended to give professionals a sound understanding of hedge accounting and reporting standards contained in IFRS 9, and the implications for the design, management and reporting of hedging strategies. IAS 39 has been replaced with a new standard IFRS 9, which removes the restrictions and accounting anomalies contained in IAS 39 improving the reporting standards and transparency. The requirements for derivatives and hedging are explained in clear, simple language supported with practical examples, discussion sessions and case studies. The participation of delegates is encouraged and they are also invited to bring their own cases and discuss the issues they face in applying hedge accounting and the standards.

Course Objectives

At the end of the course, each delegate will be able to:

  • Better understanding of hedge accounting requirements
  • More cost effective hedging solutions
  • Compliance with the hedge accounting requirements
  • Enhanced processes and controls around hedge accounting

Course Outline

  • Introduction to hedge accounting
  • Hedging instruments
  • Accounting for hedging activities
  • The hedge accounting models
  • Cash flow hedges
  • Net investment hedges
  • Criteria for obtaining hedge accounting
  • Hedge effectiveness
  • Methods used to assess hedge effectiveness
  • Hedge ineffectiveness
  • Hedging foreign exchange risk
  • Hedging foreign subsidiaries
  • Hedging interest rate risk
  • Hedging foreign currency liabilities
  • Hedging commodity risk
  • Hedge accounting disclosures

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Asset Liability Management: Tools and Techniques

Asset Liability Management: Tools and Techniques

No Events

This course addresses issues that concern the ever-changing landscape of ALM such as the traditional methods of identifying, measuring and managing risk. We will also review the up-to-date developments in risk measurement, with emphasis on the management and control of risk in financial institutions and how the ALM process integrates with the overall strategy of the firm.

Course Objectives

At the end of the course, each delegate will be able to:

  • Implement an effective asset and liability management (ALM) policy
  • Manage the ALM function
  • Understand the analytical framework of interest rate risk management
  • Confidently apply ALM in derivatives products
  • Develop familiarity with Value at Risk (VaR) concepts and application
  • Understand important regulatory developments relevant to ALM

Course Outline

  • ALM Definition
  • ALM Process and Management Recognition
  • Financial Markets Volatility
  • Financial Instruments: Many and Varied
  • ALM Risk Management
  • Interest Rate Analysis Techniques
  • Financial Derivatives: Their Role in Interest Rate Risk Management
  • Interest Rate Risk Strategies
  • Capital Allocation and Performance Measurement

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Fraud and Corruption Risk Management

Fraud and Corruption Risk Management

No Events

This course gives you the tools to establish an effective and far-reaching anti-fraud programme by implementing techniques for assessing the true risk of fraud and corruption, reducing those risks and using health checks to provide early warnings.

Course objective

At the end of the course delegates will be able to:

  • Understanding the risk and cost of fraud and corruption
  • Identify red flags and course of action to mitigate risk
  • Develop health checks within the organization
  • Implement fraud risk assessments
  • Develop resistance to fraud and corruption
  • Improve policies and procedures to reduce the risk
  • Recognize the tools of fraud and corruption
  • Monitor and development of effective training for prevention

Course outline

  • Recognising the risk
  • Essence of an anti-fraud and corruption strategy
  • Implementing the strategy
  • Profiling fraud and corruption risk
  • Defining the likelihood and reducing the risk
  • Fraud risk assessment
  • Recognising and looking for red flags and raising awareness
  • Fraud and corruption resistance assessment

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Conducting Internal Investigation

Conducting Internal Investigation

No Events

Conducting an internal investigation can be a difficult task. An investigation into employee wrongdoing can be costly, disruptive and time-consuming, and can also lead to a variety of legal problems and other unexpected complications if it is not conducted with the utmost care and confidentiality. Conducting Internal Investigations will prepare you for every step of an internal investigation into potential fraud, from receiving the initial allegation to testifying as a witness. In this course, you will learn how to lead an internal investigation with accuracy and confidence by gaining knowledge about various topics, such as relevant legal aspects of internal investigations, using computers in an investigation, collecting and analysing internal and external information, interviewing witnesses and writing reports.

Course Objectives

At the end of the course delegates would:

  • Understanding fraud and how it can be committed
  • Learning about the different fraud schemes and their red flags
  • Developing a fraud prevention policy and procedures
  • Understanding Corruption and its different forms
  • Conducting an effective internal investigation
  • Identifying the sources of information available and relevant
  • How to obtain relevant evidence
  • Handling the evidence by following the procedures
  • Analysis of documents
  • How to prepare an interview
  • Conducting an effective interview
  • Dealing with difficult people and barriers
  • Confidently testifying as a witness

Course Outline

  • Understanding Fraud
  • Fraud Schemes and Red Flags
  • Fraud Prevention
  • Introduction to Internal Investigations
  • Collection and Analysis of Documents
  • Interview Preparation
  • Interview Mechanics
  • Concluding the investigation
  • Testifying as a fact witness

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Cost Optimization: A Strategic Emphasis

Cost Optimization: A Strategic Emphasis

City Start Dates Duration Cost Make a booking
London, United Kingdom 17 June 2019 2 weeks £4,200 Click here
London, United Kingdom 16 March 2020 1 week £2,750 Click here
London, United Kingdom 16 March 2020 2 weeks £4,200 Click here

This course has been designed to cover the essentials of corporate tax planning and management. This intensive training course will ensure that delegates are fully up to date with key changes and updates on computing income tax accurately, tax laws and tax evasion. The topics cover will allow course participants to mitigate risk whilst maximising planning opportunities in your tax strategy.

Course Objectives

Participants should be able to:

  • Learn to compute Income Tax accurately
  • Acquaint participants with management of the tax affairs of Corporate Entities
  • Take advantage of the various provision of tax laws
  • Understand Tax Planning and Management
  • Differentiate Tax Planning from Tax Evasion

Course Content

  • What is Tax Planning and Tax Management
  • Provisions of PITA and CITA with respects to Tax Planning and management
  • PAYE and Compensation Planning
  • Company Income Tax Planning
  • Use of Commencement, Ceasation and Change in Accounting Date Rules
  • Application of Tax incentives to Tax Planning and Management.

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Strategy and Finance Masterclass

Strategy and Finance Masterclass

City Start Dates Duration Cost Make a booking
London, United Kingdom 10 February 2020 1 week £2,300 Click here
London, United Kingdom 10 February 2020 2 weeks £4,200 Click here

“With careful and detailed planning, one can win; with careless planning, one cannot win.  How much more certain is defeat if one does not plan at all!” The Chinese general Sun Tzu wrote this in “The Art of War” in 400bc and his advice has never been more relevant than in today’s challenging world. The successful organisation matches its capabilities with the environment and competitive framework in which it operates; a process generally referred to as strategic planning.  Executives aiming to operate effectively at the highest levels of organisational management need a thorough understanding of these principles and how, through strategic financial planning, they can be converted in to the financial objectives of the organisation.

This intensive course provides the opportunity to cover the essentials of both strategic planning and strategic financial management in one workshop.

Course Objectives

At the end of the course delegates will learn:

  • Analyze the external framework and competitive environment in which an organization functions
  • Identify organizational competencies and develop winning strategies
  • Understand and develop financial management strategies
  • Identify key financial objectives for your organization

Course Outline

Strategic Planning

  • Strategic Direction
  • The Organisation’s Capabilities
  • Developing an Effective Strategy
  • Managing Strategic Change

Strategic Financial Planning

  • Accounting principles and financial statements
  • Accounting concepts, principles, policies and GAAP
  • Improving cashflow by effective working capital management
  • Pricing for strong margins and profit
  • Interpreting financial statements and measuring performance
  • Investment and Project Appraisal
  • Budgeting and Forecasting
  • Understanding and Managing Risk
  • A balanced strategy for risk management

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Strategy and Finance Masterclass

Strategy and Finance Masterclass

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 05 August 2019 5 days ₦262,500 Click here

“With careful and detailed planning, one can win; with careless planning, one cannot win.  How much more certain is defeat if one does not plan at all!” The Chinese general Sun Tzu wrote this in “The Art of War” in 400bc and his advice has never been more relevant than in today’s challenging world. The successful organisation matches its capabilities with the environment and competitive framework in which it operates; a process generally referred to as strategic planning.  Executives aiming to operate effectively at the highest levels of organisational management need a thorough understanding of these principles and how, through strategic financial planning, they can be converted in to the financial objectives of the organisation.

This intensive course provides the opportunity to cover the essentials of both strategic planning and strategic financial management in one workshop.

Course Objectives

At the end of the course delegates will learn:

  • Analyze the external framework and competitive environment in which an organization functions
  • Identify organizational competencies and develop winning strategies
  • Understand and develop financial management strategies
  • Identify key financial objectives for your organization

Course Outline

Strategic Planning

  • Strategic Direction
  • The Organisation’s Capabilities
  • Developing an Effective Strategy
  • Managing Strategic Change

Strategic Financial Planning

  • Accounting principles and financial statements
  • Accounting concepts, principles, policies and GAAP
  • Improving cashflow by effective working capital management
  • Pricing for strong margins and profit
  • Interpreting financial statements and measuring performance
  • Investment and Project Appraisal
  • Budgeting and Forecasting
  • Understanding and Managing Risk
  • A balanced strategy for risk management

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Financial Planning for Executive Managers

Financial Planning for Executive Managers

No Events

In today’s highly volatile environment, estimating future costs and revenues is critical for justifying investment decisions! Gain state-of-the-art forecasting tools and modelling techniques that will help you analyze financial data predict revenues and costs assess the risk inherent in your forecasts effectively report the forecasting results to management and improve corporate decision making This course is designed for managers who have the responsibility of making effective financial decisions. Managers with non-financial background will also benefit from the course.

Course Objectives

At the end of the course delegates will have a better understanding of:

  • How to make better use of information such as balance sheet and P&L
  • How to make use of finance related information
  • How to make effective financial decisions
  • How to make the most of your working capital and your budgets
  • What are the key factors involved in costing, pricing and managing margins

Course Outline

  • Understanding your role and how it fits with the finance function (and the finance director)
  • The difference between management accounts and the statutory financial reports of a company
  • Understanding and Presenting Financial Statements
  • Analysing and presenting financial information
  • Interpreting and analysing financial statements
  • Evaluating the Financial Health of your Organisation
  • Spotting the warning signs – monitoring cash flow
  • Organisational appraisal through financial analysis
  • Appraising a project: discounted cash flows
  • Measuring risk and return
  • Sources of Finance
  • The various sources of finance available to a company and their relative advantages and disadvantages
  • Evaluating investment options
  • Investment , Asset value  and Return on investment
  • EVA – Economic Value Added
  • The Use of Financial Budgets – Strategic Costing
  • The impact that activity based costing, marginal costing and full costing have on profit

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Interpreting and Using Financial Report for Non Finance Managers

Interpreting and Using Financial Report for Non Finance Managers

City Start Dates Duration Cost Make a booking
London, United Kingdom 01 July 2019 1 week £2,600 Click here
London, United Kingdom 01 July 2019 2 weeks £3,600 Click here
London, United Kingdom 07 October 2019 1 week £2,600 Click here
London, United Kingdom 07 October 2019 2 weeks £3,600 Click here

We all recognise successful managers by their mastery of the essential financial skills and the way in which they use these skills in effective decision making. These key financial skills have never been more in demand than in these challenging times and this course provides the chance to cover them all in one workshop.

Course Objectives

At the end of the course delegates will be able to:

After completing this course, the delegate will be able to understand and apply the key financial skills to interpret and use financial reports to improve their effectiveness in the demanding world in which we now work.

Learning these essential financial skills is not as difficult as some people believe and in the hands of a professional manager these skills can provide a formidable advantage to anyone wanting to improve their performance and their career prospects.

Course Outline

  • Accounting principles and financial statements:
  • Accounting concepts, principles, policies and GAAP
  • Preparing and understanding the Profit & Loss Account, the Balance Sheet and the Cash flow Statement
  • Understanding working capital and cash flow:
  • The vital difference between profit and cash flow
  • Business funds flow and the “trade cycle”
  • Understanding “working capital” and why it is so important
  • Understanding gross margin and profit:
  • Understanding costs, gross margins and break-even
  • The pros and cons of some common pricing strategies
  • The secret of strong profits
  • Analysing financial reports and measuring performance:
  • What financial statements can and can’t tell you about business performance
  • Understanding risk and the key measures of performance
  • Using the pyramid of financial ratios
  • How great businesses make great returns
  • Altman’s Z Score and methods to predict business failure
  • Identifying critical success factors and KPI’s
  • Investment appraisal techniques:
  • The pros and cons of the most common investment appraisal methods

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Auditing the Treasury Department

Auditing the Treasury Department

No Events

This treasury audit-training course is designed for an Audit department undertaking a Treasury review. It is designed to focus on the business conducted in a treasury, the risks that can be generated and the appropriate controls and structures that should be in place to assist in the efficient use of resources and the prevention of unexpected losses. The course alerts participants to potential dangers in dealing, enabling prompt identification of risks and ensuring recommended management controls are in place, well understood and respected by all involved – from dealer through back-office personnel to the highest level of senior management.

Course objective

At the end of the course delegates will be able to:

  • Identification and recognition of risk in Treasury
  • Understanding how and why failures have arisen in the industry
  • The role that controls and reports have in reducing risk
  • Consideration of what constitutes “best practice”
  • Establishing appropriate parameters for an audit of a Treasury department

Course Outline

  • The role of Treasury
  • Auditing
  • External and internal audit
  • Departmental role and responsibilities
  • The treasury audit
    • Issues of concern
  • Preparing for the treasury audit
  • Asset and Liability Management (ALM)
  • Risk management
  • Cashflow and Liquidity
  • Mismatch (Gap) reporting
  • P&L and other reports
  • Risk assessment techniques
  • What to look for
  • Introduction to Basel II and the
  • Central Banks / Capital adequacy
  • Performance measurements
  • Reporting lines
  • Market Risk, Liquidity risk, Credit risk and Operational risk
  • Risk reporting
  • Limit structures

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Auditing the Treasury Department

Auditing the Treasury Department

No Events

This treasury audit-training course is designed for an Audit department undertaking a Treasury review. It is designed to focus on the business conducted in a treasury, the risks that can be generated and the appropriate controls and structures that should be in place to assist in the efficient use of resources and the prevention of unexpected losses. The course alerts participants to potential dangers in dealing, enabling prompt identification of risks and ensuring recommended management controls are in place, well understood and respected by all involved – from dealer through back-office personnel to the highest level of senior management.

Course objective

At the end of the course delegates will be able to:

  • Identification and recognition of risk in Treasury
  • Understanding how and why failures have arisen in the industry
  • The role that controls and reports have in reducing risk
  • Consideration of what constitutes “best practice”
  • Establishing appropriate parameters for an audit of a Treasury department

Course Outline

  • The role of Treasury
  • Auditing
  • External and internal audit
  • Departmental role and responsibilities
  • The treasury audit
    • Issues of concern
  • Preparing for the treasury audit
  • Asset and Liability Management (ALM)
  • Risk management
  • Cashflow and Liquidity
  • Mismatch (Gap) reporting
  • P&L and other reports
  • Risk assessment techniques
  • What to look for
  • Introduction to Basel II and the
  • Central Banks / Capital adequacy
  • Performance measurements
  • Reporting lines
  • Market Risk, Liquidity risk, Credit risk and Operational risk
  • Risk reporting
  • Limit structures

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Treasury Management Tools and Techniques

Treasury Management Tools and Techniques

No Events

It is our aim on this course to lay a well-established foundation to the activities oftreasury managers as well as the development of the treasury management profession, the organisational aspects of treasury, and the main functional areas oftreasury: foreign exchange and interest rate risk management. A significant emphasis will be placed on techniques employed in the solution of practical problems, though not to the exclusion theory.

Course Objectives

At the end of the course delegates will be able to:

  • Assess the foreign exchange and interest rate risk exposure of an organization
  • Explain the day to day activities of a company treasurer;
  • Understand the role of a structure and corporate treasurer
  • Solve simple treasury problems;
  • Assess the financial risks facing large multinational companies
  • The hedging instruments and assess their suitability in relation to the risks identified.

Course Outline

  • Competence in interpreting and evaluating financial problems posed

both in quantitative and non-quantitative terms

  • The ability to resolve practical risk management problems
  • Corporate finance funding techniques
  • How to use debt and equity and capital markets
  • What credit risk means to you
  • Options swaps and futures
  • How to add value through corporate treasury
  • How to deposit cash surpluses in all time periods
  • Effective relationship management with other sections of the organisation
  • How the treasury function fits with the overall business strategy of the organisation
  • The organisational structure, performance and strategic focus of the treasury function

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Treasury Management Tools and Techniques

Treasury Management Tools and Techniques

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 30 October 2019 3 days ₦157,500 Click here

It is our aim on this course to lay a well-established foundation to the activities oftreasury managers as well as the development of the treasury management profession, the organisational aspects of treasury, and the main functional areas oftreasury: foreign exchange and interest rate risk management. A significant emphasis will be placed on techniques employed in the solution of practical problems, though not to the exclusion theory.

Course Objectives

At the end of the course delegates will be able to:

  • Assess the foreign exchange and interest rate risk exposure of an organization
  • Explain the day to day activities of a company treasurer;
  • Understand the role of a structure and corporate treasurer
  • Solve simple treasury problems;
  • Assess the financial risks facing large multinational companies
  • The hedging instruments and assess their suitability in relation to the risks identified.

Course Outline

  • Competence in interpreting and evaluating financial problems posed

both in quantitative and non-quantitative terms

  • The ability to resolve practical risk management problems
  • Corporate finance funding techniques
  • How to use debt and equity and capital markets
  • What credit risk means to you
  • Options swaps and futures
  • How to add value through corporate treasury
  • How to deposit cash surpluses in all time periods
  • Effective relationship management with other sections of the organisation
  • How the treasury function fits with the overall business strategy of the organisation
  • The organisational structure, performance and strategic focus of the treasury function

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Project Finance Management

Project Finance Management

No Events

“There is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order of things.” Machiavelli’s thoughts on project management 500 years are equally relevant to anybody involved delivering high value complex projects today.  And when the pressure is on capital funding project managers will increasingly find that they need a good understanding of the financial aspects of project management to cope with the responsibilities placed upon them to deliver value for money.  This intensive course provides the opportunity to cover the key financial aspects of project management and apply them to successful project management.

Course Objectives

At the end of the course delegates will:

  • Understand, analyze and interpret financial statements and use them as tools in assessing the financial strength of project proposals;
  • Understand the vital difference between profit and cashflow and how they provide two yardsticks for successful project delivery;
  • Master the key financial principles of planning and delivering a successful and profitable project

Course Content

  • Accounting principles and financial statements
  • Measuring project performance objectives
  • Working capital management and cashflow improvement
  • Project financial basics
  • Project financial appraisal techniques
  • Public and government sector project approval methods
  • Capital allocation methods for competing projects
  • Common methods for financial evaluation of projects
  • Return on investment (ROI) approach and payback method
  • Net present value (NPV) and discounted cashflow (DCF) techniques
  • Preparing winning project bids and proposals
  • Project budgeting and contingency funds
  • Using Work Breakdown Schedules for accurate forecasting
  • Effective pricing and discounting methods
  • Managing project cashflow with milestone payments
  • Monitoring and controlling project costs
  • Principles of effective project cost management and control
  • Identifying the cause of project overspends and maintaining financial targets
  • Managing Risk
  • Understanding the nature and cause of risk
  • Developing effective financial risk management systems

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Value for Money in Procurement

Value for Money in Procurement

City Start Dates Duration Cost Make a booking
London, United Kingdom 24 June 2019 1 week £2,500 Click here
London, United Kingdom 24 June 2019 2 weeks £3,750 Click here
London, United Kingdom 23 March 2020 1 week £2,500 Click here
London, United Kingdom 23 March 2020 2 weeks £3,750 Click here

This course is addressed to personnel who manage procurement for their respective organisations, projects and multi-sector-agencies or departments. It is also ideal for project managers, legal and financial procurement advisors, project implementers and professionals engaged in the purchasing and procurement of professional services. This is relevant to all levels in any organisation

Course objective

At the end of the course delegates will be able to:

  • Hiring Professional Services, Purchasing Goods and Works
  • Reviewing Best Practices, Cost and Value as a Selecting Factor
  • Pricing Methods
  • Selection Procedures, Local and National Preferred Supplier Capacity
  • Building a Supplier List, Buyer-Vendor Contracts for Long Term Engagement
  • Terms of Reference, Evaluation of Proposals
  • Negotiation and Communication Skills
  • Contract Provisions, Procurement of Services, Monitoring and Supervision of Consultants
  • Procurement of Professional Services: The Range of Different Tender Processes

Course Outline

   

  • VFM and Risk Management in Procurement
  • Procurement Process, Tools and Techniques
  • Quality Management and Procurement
  • Managing Procurement of Capital Projects
  • Cost-benefit analysis
  • Pricing methods
  • VFM and cost control
  • Managing supplier relationships
  • Picking the right suppliers
  • Understanding your spend

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Auditing the Procurement Process

Auditing the Procurement Process

City Start Dates Duration Cost Make a booking
London, United Kingdom 08 July 2019 1 week £2,600 Click here
London, United Kingdom 08 July 2019 2 weeks £3,850 Click here
London, United Kingdom 03 February 2020 1 week £2,600 Click here
London, United Kingdom 03 February 2020 2 weeks £3,850 Click here

When establishing a management system, organizations have to put in place processes to control the purchasing of products (or services) and their verification. However, the way organizations consider such requirements are fulfilled may not necessarily be the most appropriate one. Similarly, auditors may consider it sufficient to confirm compliance by just checking that an approved supplier list is up-to-date, that orders have been placed only with approved suppliers and activities necessary for ensuring conformity with the specified purchase requirements have been carried out.

Course objective

At the end of the course delegates will be able to:

  • Procurement should start during the design and development of a product when a specification is prepared
  • Inter-departmental discussions should take place to ensure that potential suppliers can provide a product that meets the design specification at the required cost;
  • The organization should ensure that the specified purchase requirements are correct prior to their communication to the supplier;
  • Statutory & regulatory requirements should have been included in the purchase requirements, as applicable;
  • The degree of risk associated with a component or product and the controls required to ensure that it meets the design specification should have been assessed

Course Outline

  • Procurement Audit Procedure
  • Criteria for the Selection of Suppliers
  • Limitations of traditional approach
  • Reliance on tendering
  • Vulnerability to contract fraud
  • Initial selection and supplier partnerships
  • Annual review tools e.g. rolling audits, supplier ‘MOTs’
  • Benchmarking
  • Improvement plans

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Auditing the Procurement Process

Auditing the Procurement Process

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 04 September 2019 3 days ₦126,000 Click here
Lagos, Nigeria 16 September 2019 3 days ₦189,000 Click here

When establishing a management system, organizations have to put in place processes to control the purchasing of products (or services) and their verification. However, the way organizations consider such requirements are fulfilled may not necessarily be the most appropriate one. Similarly, auditors may consider it sufficient to confirm compliance by just checking that an approved supplier list is up-to-date, that orders have been placed only with approved suppliers and activities necessary for ensuring conformity with the specified purchase requirements have been carried out.

Course objective

At the end of the course delegates will be able to:

  • Procurement should start during the design and development of a product when a specification is prepared
  • Inter-departmental discussions should take place to ensure that potential suppliers can provide a product that meets the design specification at the required cost;
  • The organization should ensure that the specified purchase requirements are correct prior to their communication to the supplier;
  • Statutory & regulatory requirements should have been included in the purchase requirements, as applicable;
  • The degree of risk associated with a component or product and the controls required to ensure that it meets the design specification should have been assessed

Course Outline

  • Procurement Audit Procedure
  • Criteria for the Selection of Suppliers
  • Limitations of traditional approach
  • Reliance on tendering
  • Vulnerability to contract fraud
  • Initial selection and supplier partnerships
  • Annual review tools e.g. rolling audits, supplier ‘MOTs’
  • Benchmarking
  • Improvement plans

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Auditor in Charge Tools and Techniques

Auditor in Charge Tools and Techniques

No Events

Leading an audit team requires a great deal knowledge, but it also requires dedication, efficiency, and effective leadership skills. Now audit leaders today need the skills to lead with confidence so that every project runs smoothly.

Course objective

At the end of the course delegates will be able to:

  • Master project management techniques through effective planning, organisational techniques and expecting the unexpected.
  • Learn eight simple planning tools that ensure success.
  • How to control the audit by using well-established supervisory, communication and time-management techniques.
  • Identify six steps of effective delegation
  • How to train auditors to perform assigned tasks, solve problems, and document audits properly.

Course Outline

IPPF for the Auditor in Charge

  • Apply IPPF Standards to the role of the auditor in charge (AIC)
  • Recall the core elements of the IPPF.
  • Recognise how the IPPF Standards relate to the AIC role.

The Role of an Auditor in Charge

  • The qualities required to be an effective auditor in charge
  • The responsibilities of an AIC
  • Leadership qualities desired in a leader
  • Knowledge and skills required of an AIC

Planning the Audit

Audit Programs and Staffing

Audit Supervision

Reviewing Work papers

Audit Concerns and Reports

The Exit Conference

Wrapping Up the Audit

Appraising Staff Performance

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Effective Internal Auditing

Effective Internal Auditing

City Start Dates Duration Cost Make a booking
London, United Kingdom 19 August 2019 1 week £2,600 Click here
London, United Kingdom 19 August 2019 2 weeks £3,850 Click here

As Internal auditing is a vital part of Quality Management systems, this course focuses on how to help internal auditor critically assess the methods by which internal auditing can be carried out and how the function can best partner with senior management, risk units and business-lines to provide accurate, independent assurance.

Course Objectives

At the end of the course delegates will understand:

  • Understand the organisation, planning and control of internal auditing
  • Relate to the current philosophy and practice
  • Realise and manage the behavioural implications of internal auditing
  • Appreciate the essential techniques to be used

Course Outline

  • The audit process
  • Preparation/checklist development
  • Gathering evidence of conformance
  • Types of audit
  • Observation, sampling and interviewing
  • Audit objectives
  • Reporting audit findings
  • Challenges of audit reporting
  • Who are the reports really for?
  • How do you know a good report when you see one?
  • What Management expect – recent survey of chief executives
  • IIA Professional standards
  • The need for reports with impact
  • Audit responsibilities
  • Verifying corrective action

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Effective Internal Auditing

Effective Internal Auditing

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 08 July 2019 5 days ₦210,000 Click here
Lagos, Nigeria 10 February 2020 5 days ₦210,000 Click here

As Internal auditing is a vital part of Quality Management systems, this course focuses on how to help internal auditor critically assess the methods by which internal auditing can be carried out and how the function can best partner with senior management, risk units and business-lines to provide accurate, independent assurance.

Course Objectives

At the end of the course delegates will understand:

  • Understand the organisation, planning and control of internal auditing
  • Relate to the current philosophy and practice
  • Realise and manage the behavioural implications of internal auditing
  • Appreciate the essential techniques to be used

Course Outline

  • The audit process
  • Preparation/checklist development
  • Gathering evidence of conformance
  • Types of audit
  • Observation, sampling and interviewing
  • Audit objectives
  • Reporting audit findings
  • Challenges of audit reporting
  • Who are the reports really for?
  • How do you know a good report when you see one?
  • What Management expect – recent survey of chief executives
  • IIA Professional standards
  • The need for reports with impact
  • Audit responsibilities
  • Verifying corrective action

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Value for Money in Procurement

Value for Money in Procurement

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 26 August 2019 5 days ₦262,500 Click here

This course is addressed to personnel who manage procurement for their respective organisations, projects and multi-sector-agencies or departments. It is also ideal for project managers, legal and financial procurement advisors, project implementers and professionals engaged in the purchasing and procurement of professional services. This is relevant to all levels in any organisation

Course objective

At the end of the course delegates will be able to:

  • Hiring Professional Services, Purchasing Goods and Works
  • Reviewing Best Practices, Cost and Value as a Selecting Factor
  • Pricing Methods
  • Selection Procedures, Local and National Preferred Supplier Capacity
  • Building a Supplier List, Buyer-Vendor Contracts for Long Term Engagement
  • Terms of Reference, Evaluation of Proposals
  • Negotiation and Communication Skills
  • Contract Provisions, Procurement of Services, Monitoring and Supervision of Consultants
  • Procurement of Professional Services: The Range of Different Tender Processes

Course Outline

   

  • VFM and Risk Management in Procurement
  • Procurement Process, Tools and Techniques
  • Quality Management and Procurement
  • Managing Procurement of Capital Projects
  • Cost-benefit analysis
  • Pricing methods
  • VFM and cost control
  • Managing supplier relationships
  • Picking the right suppliers
  • Understanding your spend

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Treasury Management Tools and Techniques

Treasury Management Tools and Techniques

City Start Dates Duration Cost Make a booking
Dubai, United Arab Emirates 13 January 2019 1 week £2,600 Click here
Dubai, United Arab Emirates 13 January 2020 2 weeks £3,600 Click here

It is our aim on this course to lay a well-established foundation to the activities oftreasury managers as well as the development of the treasury management profession, the organisational aspects of treasury, and the main functional areas oftreasury: foreign exchange and interest rate risk management. A significant emphasis will be placed on techniques employed in the solution of practical problems, though not to the exclusion theory.

Course Objectives

At the end of the course delegates will be able to:

  • Assess the foreign exchange and interest rate risk exposure of an organization
  • Explain the day to day activities of a company treasurer;
  • Understand the role of a structure and corporate treasurer
  • Solve simple treasury problems;
  • Assess the financial risks facing large multinational companies
  • The hedging instruments and assess their suitability in relation to the risks identified.

Course Outline

  • Competence in interpreting and evaluating financial problems posed

both in quantitative and non-quantitative terms

  • The ability to resolve practical risk management problems
  • Corporate finance funding techniques
  • How to use debt and equity and capital markets
  • What credit risk means to you
  • Options swaps and futures
  • How to add value through corporate treasury
  • How to deposit cash surpluses in all time periods
  • Effective relationship management with other sections of the organisation
  • How the treasury function fits with the overall business strategy of the organisation
  • The organisational structure, performance and strategic focus of the treasury function

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Taxation and Effective Tax Planning

Taxation and Effective Tax Planning

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 02 September 2019 7 days ₦315,000 Click here
Lagos, Nigeria 09 March 2020 7 days ₦315,000 Click here

With the ever-changing tax rules, it is important to always be kept abreast of update and highlight on the main changes to the existing tax legislations, not to mention the latest tax developments including Public Rulings. Other than keeping abreast with the latest tax developments, this tax planning and advisory course is aimed at assisting you in realising and identifying potential tax incentives or savings. This course is a combination of 3courses rolled in one.

Transfer Pricing: Post Implementation Issues, Prospects and Challenges

Course Objectives

Participants should be able to:

  • Understand the concept of Transfer Pricing Regulations
  • Learn Advance Pricing Agreements and Procedures
  • Comprehend Transfer Pricing Mediation and Arbitration Processes
  • Understand Domestics remedies to dispute
  • Resolving Transfer Pricing Dispute

Course Content

  • Transfer Pricing Concept
  • Transfer Pricing Strategies
  • Transfer Pricing Documentation for Tax Purposes
  • Transfer Pricing Regulation-key Terms
  • Disputes Resolution
  • Implementation Challenges in Nigeria
  • Comparative Studies of practice of Transfer Pricing around the globe
  • Effect of NOTAP Regulation on Transfer Pricing
  • Case study of India, South Africa and UK.

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Strategy and Finance Masterclass

Strategy and Finance Masterclass

City Start Dates Duration Cost Make a booking
Atlanta, United States 02 December 2019 1 week £2,750 Click here
Atlanta, United States 02 December 2019 2 weeks £4,200 Click here

“With careful and detailed planning, one can win; with careless planning, one cannot win.  How much more certain is defeat if one does not plan at all!” The Chinese general Sun Tzu wrote this in “The Art of War” in 400bc and his advice has never been more relevant than in today’s challenging world. The successful organisation matches its capabilities with the environment and competitive framework in which it operates; a process generally referred to as strategic planning.  Executives aiming to operate effectively at the highest levels of organisational management need a thorough understanding of these principles and how, through strategic financial planning, they can be converted in to the financial objectives of the organisation.

This intensive course provides the opportunity to cover the essentials of both strategic planning and strategic financial management in one workshop.

Course Objectives

At the end of the course delegates will learn:

  • Analyze the external framework and competitive environment in which an organization functions
  • Identify organizational competencies and develop winning strategies
  • Understand and develop financial management strategies
  • Identify key financial objectives for your organization

Course Outline

Strategic Planning

  • Strategic Direction
  • The Organisation’s Capabilities
  • Developing an Effective Strategy
  • Managing Strategic Change

Strategic Financial Planning

  • Accounting principles and financial statements
  • Accounting concepts, principles, policies and GAAP
  • Improving cashflow by effective working capital management
  • Pricing for strong margins and profit
  • Interpreting financial statements and measuring performance
  • Investment and Project Appraisal
  • Budgeting and Forecasting
  • Understanding and Managing Risk
  • A balanced strategy for risk management

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Risk Management after the Subprime Crisis

Risk Management after the Subprime Crisis

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 15 July 2019 5 days ₦189,000 Click here
Lagos, Nigeria 09 March 2020 5 days ₦189,000 Click here

This course provides an understanding of the mechanisms that lead to the subprime and the 2007 crisis, and highlights the new rules and regulations that followed, together with the game-changing conditions for financial institutions and regulatory bodies. It shows the areas of weaknesses that were overlooked prior to 2007 in most banks and how or if these weaknesses were later addressed, and how new methods for risk management emerged.

There are no formal prerequisites.

Course Objectives

At the end of the course delegates will be able to:

  • Understand the banking mechanisms that should have prevented the crisis to occur and to spread
  • analyse factors of the 2007 crisis and the comparable crises that could happen again
  • understand, within financial institutions, what are the new structures put in place and how these can handle the next crises
  • come to a representation of what it takes to manage risks in a post-crisis world

Course Outline

  • The structure of the subprime market
  • The financial system, 2007-20xx
  • Risk management failures
  • Basel III and other reactive regulation
  • Risk management techniques beyond regulation

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Risk Assessment and Introduction to Internal Control

Risk Assessment and Introduction to Internal Control

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 07 October 2019 5 days ₦210,000 Click here
Lagos, Nigeria 03 February 2020 5 days ₦210,000 Click here

This course is designed to give you a solid understanding of systems and control documentation at the significant process level. After an overview of the latest COSO guidance on the components and principles of effective internal control, this course will introduce you to basic tools used to document an accounting process. You will then be able to identify the risks of errors and fraud in the accounting system and the presence (or absence) of compensating controls. Finally, you will practice identifying key controls and control weaknesses.

Course Objectives

At the end of the course delegates will be able to:

  • Interpret basic documentation of a significant accounting process
  • Identify the significant risks of fraud and errors
  • Locate the presence or absence of compensating controls
  • Identify key controls and control weaknesses
  • Internal Control for Smaller Entities

Course Outline

  • Internal Control
  • Identifying, Measuring and Managing Risk;
  • Risk Assessment;
  • Building An Environment that Supports Business Controls;
  • Assessing the Effectiveness of Controls in A Business;
  • Control Reporting Metrics and Defect Management System;
  • Corporate Governance Practices.
  • The Auditing Standards Board and Internal Control
    • Learning Objectives
    • Auditing Standards Board – Beyond Internal Controls
      • Industry Controllers and the Audit Standards
    • Factors to Consider When Obtaining an Understanding of the Entity and Its Environment
    • Risk Assessment Procedures
    • Brainstorming
    • Inquiries
    • Analytical Procedures
      • Expectation Formulation
      • Identification, Investigation, and Evaluation
      • Possible Adjustments to Unadjusted Client Accounts
    • Observation and Inspection
    • Are Independent Auditors Part of the Entity’s Internal Control?
    • Summary
  • Internal Control Definitions and Concepts
    • Learning Objectives
    • Introduction
    • SOX Section 404
      • Auditing Standards Board’s Definition of Internal Control
    • COSO Framework
    • COSO Definition of Internal Control
    • Auditing Standard No. 5 – Levels of Controls
      • Entity-Level Controls
      • Account/Process Level of Controls
      • A Combined Model
    • Summary
  • The Control Environment – An In-Depth Review
    • Learning Objectives
    • Introduction
    • The Control Environment
      • Integrity and Ethical Values
      • Board of Directors
      • Management’s Philosophy and Operating Style
      • Organizational Structure
      • Financial Reporting Competencies
      • Authority and Responsibility
      • Human Resources
    • Entity-Level Controls
    • Controls over the Period-End Financial Reporting Process
      • Spreadsheets
      • Selection of Accounting Policies
    • General IT Controls
    • Summary
  • Risk Assessment and Fraud – An In-Depth Review
    • Learning Objectives
    • Introduction
    • Risk Assessment and Objectives
      • Risk Sources
    • COSO for Smaller Public Companies
    • Financial Reporting Objectives
    • Financial Reporting Risks
    • Fraud Risk
    • Risk Assessment – Application to Small and Midsized Entities
    • Examples of Risks of Misstatement of Financial Statements
      • Revenue Cycle Example – Flawed System Design – Errors
      • Expenditure Cycle – Flawed System Design – Errors
      • Cash Receipts Example – Flawed System Design – Misappropriation of Assets
      • Fraudulent Financial Reporting
    • Summary
  • Control Activities – An In-Depth Review
    • Learning Objectives
    • Introduction
    • Control Activities
      • Integration with Risk Assessment
      • Selection and Development of Control Activities
      • Policies and Procedures
      • Documentation Issues – Management
    • Information Technology
    • Input Controls
      • Examples of Input Controls
    • Processing Controls
      • Examples of Processing Controls
    • Output Controls
    • Other Attributes of IT Controls
    • Complexity of IT
      • Complex IT System Characteristics
      • Less Complex IT System Characteristics
    • End-User Computing
      • Description
      • Advantages
      • Three Forms
      • Acquisition and Use of Hardware – Risks
      • Acquisition and Use of Software – Risks and Controls
      • Application Development – Risks
      • Logical Access to Sensitive Data – Risks
      • Physical Security of Data and Systems – Risks and Responses
    • COSO – Internal Control – Integrated Framework Control Activities
      • Type of Control Activities
      • Integration with Risk Assessment
      • Controls over Information Systems
      • Entity-specific Controls
    • Documentation of Account/Transaction Level Controls
    • Application to Small and Midsized Entities
    • Summary
  • Information and Communication – An In-Depth Review
    • Learning Objectives
    • Introduction
    • Information and Communication
    • Financial Reporting Information
    • Internal Control Information
    • Internal Communication
    • External Communication
    • AU Section 314 – Information and Communication
      • Audit Requirements: Information and Communication
    • Automated and Manual Procedures
    • Communication
    • IT: Information and Communication
    • Information and Communication – Application to Small and Midsized Entities
    • Summary
  • Monitoring – An In-Depth Review
    • Learning Objectives
    • Introduction
    • Monitoring
    • Attributes of the Principle
    • Reporting Deficiencies
    • Monitoring – COSO, Integrated Framework
    • Ongoing Monitoring
    • Separate Evaluations
      • Documentation in a Separate Evaluation
      • How to Conduct a Separate Evaluation
      • Reporting Deficiencies in a Separate Evaluation
      • AS No. 5’s Categories of Deficiencies
    • Deficiencies that Are at Least Significant
    • Additional Control Deficiencies: AU Section 325A
    • Update to Standards on Communicating Internal Control Related Matters Identified in an Audit
    • Monitoring – AU Section 314
      • Audit Requirements and Monitoring
    • Monitoring – Application to Small and Midsized Entities
    • Summary
  • Documentation – Guidance and Tools
    • Learning Objectives
    • Introduction
    • Internal Control Questionnaires
      • Internal Control Questionnaires Issues
    • Narratives
    • Flowcharts
    • Control Matrices
      • Example
    • Other Internal Control Documentation Tools
    • Summary
    • Appendix – “Choose the Right Tools for Internal Control Reporting”
  • Illustrative Case
    • Learning Objective
    • Overview
    • Case
      • Narrative
      • Requirements
      • Solution to Case
  • Latest Developments
  • Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Resolving Controversial Issues in Deduction at Source (Withholding Tax) Processes and Application

Resolving Controversial Issues in Deduction at Source (Withholding Tax) Processes and Application

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 02 September 2019 5 days ₦262,500 Click here
Lagos, Nigeria 09 March 2020 5 days ₦262,500 Click here

RESOLVING CONTROVERSIAL ISSUES IN DEDUCTION AT SOURCE (WITHHOLDING TAX) PROCESSES AND APPLICATION

Course Objectives

Participants should be able to:

  • Ascertain the basis for deduction of withholding tax
  • Correctly compute withholding tax deducted at source for various classes and categories according to law
  • Identify contentious issues in withholding tax processes and applications
  • Learn how to resolve the contentious issues

Course Content

  • Concepts of Withholding tax
  • Types of Withholding Taxes
  • Concepts of Withholding Tax application to PPT
  • Concepts of Withholding Tax application to CITA
  • Concept of Withholding tax application to PITA
  • Treatment of Withholding Tax and VAT in income Tax computations
  • Contentions and Issues
  • Recommendations

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Public Financial Management: Reporting and Auditing

Public Financial Management: Reporting and Auditing

City Start Dates Duration Cost Make a booking
Dubai, United Arab Emirates 03 February 2020 1 week £2,600 Click here
Dubai, United Arab Emirates 03 February 2020 2 weeks £4,000 Click here

This course covers the importance topic of accounting and accountability. Accounting is the core part of governance, which has gained such importance in recent years, especially in developing countries. Civil society organisations have also recognised the importance of public finance, with many of them now being active in the area of budget analysis. This course is aims to enable you to have a broad understanding of the area to allow you to be able to review and understand the accounts and financial statements produced by governments and other public entities, and to understand the role and scope of audit in the public sector.

Course Objectives

At the end of this course you will be able to:

  • Understand the purpose and methods of accounting for public sector entities and governments
  • Assess the appropriate accounting base for different types of transaction
  • Describe the relationship between types of management controls and types of accounting
  • Describe the main accounting standards and understand the differences among them
  • Understand the particular accounting problems of transactions that are exclusive to the public sector

Course Outline

  • Public Sector Accounting
  • What is Public Financial Management?
  • Workflow and the Accounting Base
  • Financial Reporting under the Cash Basis of Accounting
  • The Cash Basis IPSAS and the Relevance of Consolidated Accounts for the Public Sector
  • Accounting for International Aid
  • Budget Reporting Standards
  • Application of IFRS to the Public Sector
  • IPSAS 1 to 21 – Definitions and Broad Principles
  • Interpretation of Financial Statements based on the IPSAS
  • Social Policy Obligations – State Pensions
  • PFI and PPP
  • PEFA Benchmark for Public Financial Management
  • Standards and Guidance for Audit in the Public Sector
  • Public Expenditure and Financial Accountability (PEFA) – Performance Measurement Framework
  • Independence and the Auditor-General

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Project Finance Management

Project Finance Management

City Start Dates Duration Cost Make a booking
Dubai, United Arab Emirates 03 February 2020 1 week £2,600 Click here
Dubai, United Arab Emirates 03 February 2020 2 weeks £4,000 Click here

“There is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order of things.” Machiavelli’s thoughts on project management 500 years are equally relevant to anybody involved delivering high value complex projects today.  And when the pressure is on capital funding project managers will increasingly find that they need a good understanding of the financial aspects of project management to cope with the responsibilities placed upon them to deliver value for money.  This intensive course provides the opportunity to cover the key financial aspects of project management and apply them to successful project management.

Course Objectives

At the end of the course delegates will:

  • Understand, analyze and interpret financial statements and use them as tools in assessing the financial strength of project proposals;
  • Understand the vital difference between profit and cashflow and how they provide two yardsticks for successful project delivery;
  • Master the key financial principles of planning and delivering a successful and profitable project

Course Content

  • Accounting principles and financial statements
  • Measuring project performance objectives
  • Working capital management and cashflow improvement
  • Project financial basics
  • Project financial appraisal techniques
  • Public and government sector project approval methods
  • Capital allocation methods for competing projects
  • Common methods for financial evaluation of projects
  • Return on investment (ROI) approach and payback method
  • Net present value (NPV) and discounted cashflow (DCF) techniques
  • Preparing winning project bids and proposals
  • Project budgeting and contingency funds
  • Using Work Breakdown Schedules for accurate forecasting
  • Effective pricing and discounting methods
  • Managing project cashflow with milestone payments
  • Monitoring and controlling project costs
  • Principles of effective project cost management and control
  • Identifying the cause of project overspends and maintaining financial targets
  • Managing Risk
  • Understanding the nature and cause of risk
  • Developing effective financial risk management systems

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

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Operational Risk Management and Credit Risk Practice

Operational Risk Management and Credit Risk Practice

City Start Dates Duration Cost Make a booking
Dubai, United Arab Emirates 07 October 2019 1 week £2,600 Click here
Dubai, United Arab Emirates 07 October 2019 2 weeks £3,600 Click here

An extensive knowledge and understanding of credit risk practices is critical to the Head Office functions of banks, the retail units, the business/commercial units of banks where skills in critical analysis, evaluation and synthesis of complex issues are paramount in order to identify, assess, monitor and report risk.

Course objectives

At the end of the course delegates will learn that:

  • Understanding of how credit risk functions and how it plays its part in managing risk for a banking business
  • How a bank manages their internal risks and how customers should manage their credit risks
  • Developing effective problem solving and decision making using appropriate quantitative and qualitative skills
  • Developing cognitive skills of critical thinking analysis and synthesis in relation to industry, business and financial risks
  • Understanding of what risk is and how it can be identified and monitored
  • Creating, evaluating and assessing a range of options to apply to a range of situations in the financial services industry

Course outline

  • Operational risk and business continuity management
  • Responsibility and accountability
  • Operational risk management lifecycle
  • Purpose of risk assessment and probability; benefits
  • A methodical risk assessment approach: steps and techniques
  • Risk mitigation, appetite/tolerance and its benefits
  • Loss data analysis
  • Monitoring and reporting
  • A risk-based management approach to controls
  • Crisis management
  • Risk-based capital and Basel 2
  • Governmental policy and Corporate Governance
  • How is risk managed and overviewed
  • The credit scoring system
  • Higher value lending
  • Analysis of credit risk and liability risk
  • Credit risk in business units of banks
  • Risk management strategy, analysis and assessment
  • Financial repayment risk

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

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Interpreting and Using Financial Report for Non Finance Managers

Interpreting and Using Financial Report for Non Finance Managers

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 30 October 2019 3 days ₦126,000 Click here
Lagos, Nigeria 01 April 2020 3 days ₦126,000 Click here

We all recognise successful managers by their mastery of the essential financial skills and the way in which they use these skills in effective decision making. These key financial skills have never been more in demand than in these challenging times and this course provides the chance to cover them all in one workshop.

Course Objectives

At the end of the course delegates will be able to:

After completing this course, the delegate will be able to understand and apply the key financial skills to interpret and use financial reports to improve their effectiveness in the demanding world in which we now work.

Learning these essential financial skills is not as difficult as some people believe and in the hands of a professional manager these skills can provide a formidable advantage to anyone wanting to improve their performance and their career prospects.

Course Outline

  • Accounting principles and financial statements:
  • Accounting concepts, principles, policies and GAAP
  • Preparing and understanding the Profit & Loss Account, the Balance Sheet and the Cash flow Statement
  • Understanding working capital and cash flow:
  • The vital difference between profit and cash flow
  • Business funds flow and the “trade cycle”
  • Understanding “working capital” and why it is so important
  • Understanding gross margin and profit:
  • Understanding costs, gross margins and break-even
  • The pros and cons of some common pricing strategies
  • The secret of strong profits
  • Analysing financial reports and measuring performance:
  • What financial statements can and can’t tell you about business performance
  • Understanding risk and the key measures of performance
  • Using the pyramid of financial ratios
  • How great businesses make great returns
  • Altman’s Z Score and methods to predict business failure
  • Identifying critical success factors and KPI’s
  • Investment appraisal techniques:
  • The pros and cons of the most common investment appraisal methods

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

International Public Sector Accounting Standards (IPSAS)

International Public Sector Accounting Standards (IPSAS)

City Start Dates Duration Cost Make a booking
Atlanta, United States 02 December 2019 1 week £2,500 Click here
Atlanta, United States 02 December 2019 2 weeks £3,600 Click here

This IPSAS course has been designed to provide an overview of the background of IPSAS and its objectives. In addition to an overview of current accrual-based IPSAS, our expert facilitator will provide best practice information on financial reporting under the cash basis of accounting. At the end of this course, each delegate would have also received up-to-date information on IPSASB’s current exposure drafts and projects. Its application of the requirements, issues and opportunities will be illustrated through the use of short case studies, questions and group exercise.

Course Objectives

  • Review the basic principles of accrual accounting
  • Differentiate cash based accounting from accrual accounting
  • Discuss and apply the requirements of IPSAS
Understand the challenges and consequences of adopting IPSAS for the first time
  • Determine the costs and benefits for implementing IPSAS and implications
  • Determine the systems modifications and other changes required to implement IPSAS
  • Understand the unique strategies for managing the transition from local GAAP to IPSAS

Course Outline

  • General introduction to IPSAS
  • Key characteristics of the public sector
  • Accounting for assets (intangibles, property, plant and equipment, leases, inventories, etc.)
  • Accounting for liabilities (provisions, expenses and liabilities, employee benefits)
  • Financial instruments
  • Revenue from exchange and non-exchange transactions
  • Public sector consolidation

IFRS Versus IPSAS

  • Accounting Standards Setting Bodies
  • IPSAS and IFRS Equivalents
  • Government Accounting
  • Revenue Recognition
  • Inventories
  • First-time adoption IFRS/IPSAS
  • Budget reporting
  • Service concession agreements

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

International Financial Reporting Standards (IFRS)

International Financial Reporting Standards (IFRS)

City Start Dates Duration Cost Make a booking
Dubai, United Arab Emirates 12 August 2018 1 week £2,200 Click here
Dubai, United Arab Emirates 12 August 2019 2 weeks £3,500 Click here

This course is designed for financial accountants and controllers wanting a detailed understanding of international standards of the International Accounting Standards. Auditors, Analysts and interpreters of IAS/IFRS financial statements will also benefit greatly from the course and this course will also be of particular benefit to accountants moving into a financial accounting role from other fields.

 Course Objectives

At the end of the course delegates will learn:

  • An in-depth working knowledge of the new ‘world standard’ of financial reporting
  • A technique for extracting the key requirements from standards, and guidance on interpretation and practical application of the standards
  • An awareness of the differences between UK, US and international standards
  • An understanding of imminent changes to IFRS

Course Outline

Introduction

Concepts and presentation

  • The IASB conceptual framework
  • IAS 1 – presentation of statements
  • IAS 10 – events after balance sheet
  • IFRS 5 – assets held for sale and discontinued operations
  • IAS 7 – cash flow statements

Policies and revenue

  • IAS 8 – accounting policies
  • IAS 18 – revenue
  • IAS 11 – construction contracts; revenue and work-in-progress

Inventory and property, plant and equipment

Group Account and International Standards 

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

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Internal Capital Adequacy Assessment Process: Pillar II of Basel Committee

Internal Capital Adequacy Assessment Process: Pillar II of Basel Committee

No Events

Pillar I of Basel Committee covers measurement and providing capital for three elements of banking risk viz. counterparty credit risk, interest rate risk in trading book and operational risk. Banks also need to look at other elements of risk such as credit concentration risk, interest rate risk in banking book, liquidity risk, etc. Recent global crisis has highlighted the importance of some of these risks. There are some more elements of banking risk where the assessment is more of a qualitative nature. They include reputation risk, strategic risk, compliance risk, etc. Pillar II of Basel Committee covers the banking risks mentioned above. The said Pillar II has two components: a) Internal Capital Adequacy Assessment Process (ICAAP) and b) Supervisory Review & Evaluation Process (SREP). SAMA has already implemented the ICAAP for Saudi banks effective from 2009. These ICAAP documents are required to be submitted to SAMA on a regular basis. They form an important part of the review process undertaken by the Central Bank. In this context, the proposed training program will be extremely useful.

Course objective

At the end of the course delegates will be able to:

  • Get familiarized with Internal Capital Adequacy Assessment Process (ICAAP) used to identify, measure, control and provide adequate capital for material risks not covered under Pillar I of Basel Committee
  • Prepare comprehensive ICAAP document for Board approval and submission to the Central Bank
  • Facilitate ‘Supervisory Review and Evaluation Process’

Course outline

  • Overview of Basel II framework
  • Pillar II – Internal Capital Adequacy Assessment Process and Supervisory Review- major steps and issues
  • Measuring material risks
  • Qualitative risk assessment
  • Stress testing techniques and scenario analysis
  • ICAAP – management perspective
  • Corporate Governance issues
  • Risk appetite statement
  • Business growth and capital planning

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Hedge Accounting

Hedge Accounting

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 02 September 2019 5 days ₦262,500 Click here

This course is intended to give professionals a sound understanding of hedge accounting and reporting standards contained in IFRS 9, and the implications for the design, management and reporting of hedging strategies. IAS 39 has been replaced with a new standard IFRS 9, which removes the restrictions and accounting anomalies contained in IAS 39 improving the reporting standards and transparency. The requirements for derivatives and hedging are explained in clear, simple language supported with practical examples, discussion sessions and case studies. The participation of delegates is encouraged and they are also invited to bring their own cases and discuss the issues they face in applying hedge accounting and the standards.

Course Objectives

At the end of the course, each delegate will be able to:

  • Better understanding of hedge accounting requirements
  • More cost effective hedging solutions
  • Compliance with the hedge accounting requirements
  • Enhanced processes and controls around hedge accounting

Course Outline

  • Introduction to hedge accounting
  • Hedging instruments
  • Accounting for hedging activities
  • The hedge accounting models
  • Cash flow hedges
  • Net investment hedges
  • Criteria for obtaining hedge accounting
  • Hedge effectiveness
  • Methods used to assess hedge effectiveness
  • Hedge ineffectiveness
  • Hedging foreign exchange risk
  • Hedging foreign subsidiaries
  • Hedging interest rate risk
  • Hedging foreign currency liabilities
  • Hedging commodity risk
  • Hedge accounting disclosures

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Global Treasury Management

Global Treasury Management

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 07 October 2019 5 days ₦189,000 Click here
Lagos, Nigeria 02 December 2019 5 days ₦189,000 Click here

In the context of today’s business world and volatile markets, be it the efficient management of money, managing the financial risks for the firm, or raising and running capital and the balance sheet, the treasurer’s function has become a critical cog in the wheel of an enterprise’ smooth functioning.

As companies re-evaluate how they manage their internal resources and external business relationships around the world for maximum efficiency, excellence within their Treasury department is critical for success. Treasury evaluates when and how a company invests its assets. Treasury is the department responsible for ensuring that a company has enough cash on hand to fund its very operations. From liquidity management to risk management, Treasury now sits at the intersection of many critical decisions.

Course objective

At the end of the course delegates will be able to:

  • The role of the corporate treasurer
  • The structure of the treasury
  • Cash and liquidity management
  • Interest rate and foreign exchange management
  • Cash flow forecasting
  • Working capital management
  • Managing risk in corporate treasury
  • Enterprise risk management
  • Managing Financial risk

Course Outline

  • Treasury Management
  • Working Capital Management
  • Financing Alternatives
  • Financial Strength and Linkages with Liquidity
  • Cash and Liquidity Management
  • The use of Derivatives to Manage Risk
  • Enterprise Risk Management
  • Managing the Treasury Department

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Fraud and Corruption Risk Management

Fraud and Corruption Risk Management

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 14 August 2019 3 days ₦157,500 Click here
Lagos, Nigeria 04 March 2020 3 days ₦157,500 Click here

This course gives you the tools to establish an effective and far-reaching anti-fraud programme by implementing techniques for assessing the true risk of fraud and corruption, reducing those risks and using health checks to provide early warnings.

Course objective

At the end of the course delegates will be able to:

  • Understanding the risk and cost of fraud and corruption
  • Identify red flags and course of action to mitigate risk
  • Develop health checks within the organization
  • Implement fraud risk assessments
  • Develop resistance to fraud and corruption
  • Improve policies and procedures to reduce the risk
  • Recognize the tools of fraud and corruption
  • Monitor and development of effective training for prevention

Course outline

  • Recognising the risk
  • Essence of an anti-fraud and corruption strategy
  • Implementing the strategy
  • Profiling fraud and corruption risk
  • Defining the likelihood and reducing the risk
  • Fraud risk assessment
  • Recognising and looking for red flags and raising awareness
  • Fraud and corruption resistance assessment

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Forensic Auditing and Accounting

Forensic Auditing and Accounting

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 08 July 2019 5 days ₦210,000 Click here
Lagos, Nigeria 02 March 2020 5 days ₦210,000 Click here

The term ‘forensic’ means suitable for courts of justice or for public discussion and debate.  Forensic auditing provides an investigation methodology and accounting analysis that is suitable to the court, which will form the basis for discussion, debate and ultimately dispute resolution. This course concentrates on practical advice for internal auditors in the fight against fraud, with focus sessions on deterrence, data mining and interviewing in a stressed environment. It provides an incisive analysis of how fraud occurs within an organisation and explains the latest techniques for fighting it.

Course Objectives

At the end of the course delegates will have a better understanding of:

  • Detection of white collar crimes within an organization
  • Skills for Forensic Investigations
  • Successful prosecution of economic crimes, in particular fraud
  • The integration of accounting, auditing and investigative skills.

Course Outline

Forensic Auditing Overview

White Collar Crime and Business Risk

  • The black economy – awareness and profiles
  • Money laundering component and the proceeds of crime
  • Governance and business risk overview
  • Fraud theory (definitions, types and scale)
  • Limitations of traditional audit techniques
  • Strategic fraud prevention plan

Detection and the Forensic Audit Toolkit

Investigations and Expert Witness Testimony

  • Use of publicly available information
  • Use of documentary evidence
  • Interviewing in a stressed environment – the five possible stages of a fraud interview and how best to handle each stage
  • Assessing quantum of loss
  • Reporting
  • Practical case-management tips
  • Dealing with lawyers and handling court situations

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Financial Planning for Executive Managers

Financial Planning for Executive Managers

City Start Dates Duration Cost Make a booking
Atlanta, United States 02 December 2019 1 week £2,600 Click here
Atlanta, United States 02 December 2019 2 weeks £4,000 Click here
Atlanta, United States 02 September 2019 1 week £2,600 Click here
Atlanta, United States 02 September 2019 2 weeks £4,000 Click here

In today’s highly volatile environment, estimating future costs and revenues is critical for justifying investment decisions! Gain state-of-the-art forecasting tools and modelling techniques that will help you analyze financial data predict revenues and costs assess the risk inherent in your forecasts effectively report the forecasting results to management and improve corporate decision making This course is designed for managers who have the responsibility of making effective financial decisions. Managers with non-financial background will also benefit from the course.

Course Objectives

At the end of the course delegates will have a better understanding of:

  • How to make better use of information such as balance sheet and P&L
  • How to make use of finance related information
  • How to make effective financial decisions
  • How to make the most of your working capital and your budgets
  • What are the key factors involved in costing, pricing and managing margins

Course Outline

  • Understanding your role and how it fits with the finance function (and the finance director)
  • The difference between management accounts and the statutory financial reports of a company
  • Understanding and Presenting Financial Statements
  • Analysing and presenting financial information
  • Interpreting and analysing financial statements
  • Evaluating the Financial Health of your Organisation
  • Spotting the warning signs – monitoring cash flow
  • Organisational appraisal through financial analysis
  • Appraising a project: discounted cash flows
  • Measuring risk and return
  • Sources of Finance
  • The various sources of finance available to a company and their relative advantages and disadvantages
  • Evaluating investment options
  • Investment , Asset value  and Return on investment
  • EVA – Economic Value Added
  • The Use of Financial Budgets – Strategic Costing
  • The impact that activity based costing, marginal costing and full costing have on profit

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Financial Crime and Money Laundering

Financial Crime and Money Laundering

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 05 August 2019 5 days ₦210,000 Click here
Lagos, Nigeria 02 December 2019 5 days ₦210,000 Click here

Financial crime and money laundering have become the biggest challenges in today’s banking. Banks and financial institutions are in continuous threat of gangs attempting to get access to millions of bank customers’ accounts, and the Bank itself.  Good knowledge and skills to combat financial crime and money laundering are very important, as the techniques employed are becoming more and more engineered with different variants in order to succeed in their goal of defrauding financial institutions and their customers.

 Course objectives

At the end of the course delegates will be able to:

  • Understanding what financial crime is and how it works
  • Developing the skills, techniques and practices used in the identification of possible cases of financial crime
  • Understanding the regulations around financial crime and money laundering
  • Creating a range of skills, techniques and practices that can be used within the procedures to combat financial crime
  • Understanding what money laundering is and the different schemes used
  • Identifying suspicious transactions and what steps to take
  • When and how to report a suspicious transaction
  • How to implement a money laundering policy

Course outline

  • The nature, types and consequences of financial crime
  • Legislation on crimes in financial markets and systems
  • Interpol and the FATF
  • What is forgery and counterfeit money and the origin of money laundering
  • Forgeries used to defraud financial institutions
  • Risks and consequences of theft
  • Identity theft in financial institutions
  • Fraud – preconditions and types
  • Responsibility for fraud prevention and detection
  • Rational for technology-based crime
  • Hacking, Malware, Phishing, Pharming
  • The money laundering process
  • Anti-money laundering legislations
  • Money laundering schemes
  • The reporting procedure – function of the MLRO
  • Money laundering awareness and training

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Excel Reports & Dashboards for Business Managers

Excel Reports & Dashboards for Business Managers

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 02 September 2019 5 days ₦262,500 Click here
Lagos, Nigeria 09 March 2020 5 days ₦262,500 Click here

This course focuses on Creating Professional & User-Friendly Reports & Dashboards Using Excel. The course will enhance the capability of delegates to conceive and build analytical and visually appealing and user-friendly Key Performance Indicators (KPIs) reports and dashboards using Excel. This will aid Executive/Senior Management to easily analyze financial transactions and quickly identify and respond to business trends.

Course objective

At the end of the course delegates will:

  • Have the opportunity to integrate the complex concept of Business Intelligence & Dashboards into their day-to-day analysis and reporting tasks using Excel.
  • Possess knowledge and extensive use of Excel spreadsheets. To effectively achieve this delegates are expected to possess intermediate-level Excel skills with a strong grasp of concepts such as table structures, filtering, sorting, and use of Excel formulas.

Course Contents

  • Excel as Business Intelligence Software
  • Dashboards Vs Traditional Reports
  • Design Principles for Excel Reports & Dashboards
  • Data Model for Excel Reports & Dashboards
  • Excel Functions for Reports & Dashboards
  • Excel Tables and Charts for Reports & Dashboards
  • Pivot Tables for Excel Reports & Dashboards
  • Pivot Charts, Slicers & Sparklines
  • Automating Excel Reports & Dashboards

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Compliance Auditing for the 21st Century Auditor

Compliance Auditing for the 21st Century Auditor

No Events

This course is aimed at audit personnel who need to improve their knowledge and skills in compliance. It is best suited both for experienced professionals and staff who are new to the audit discipline. The demands on compliance departments within authorised firms continue to grow as companies respond to the more intensive, and intrusive, approach of the regulators. As a result, it is vital that new members of the compliance team quickly gain a thorough understanding of the basics of compliance, and the ways in which compliance relates to other parts of the business. There will be the use of case studies and realistic examples to allow delegates apply the knowledge acquired throughout the duration of the course.

Course Objectives

At the end of the course delegates will be able to:

  • Understand the compliance/assurance role in relation to the three lines of defence and in particular, the differences between a compliance/assurance role and an internal audit role
  • Describe a typical governance framework for the compliance role and explain how it helps to promote an effective compliance culture
  • Apply appropriate techniques to the development of a schedule of work for the coming year but noting the need to refresh this across the year in the light of current business intelligence
  • Understand and apply the methodology required to plan for, test and report on compliance reviews
  • Apply your understanding of risk, key controls, testing techniques, sampling, evidence and root cause analysis to the compliance reviews you undertake

Course Outline

  • Compliance/assurance role in relation to the three lines of defence
  • Governance within the compliance assurance role
  • Developing the schedule of work for the year
  • Planning the compliance engagement
  • Fieldwork- Key controls and testing techniques
  • Sampling and evidences
  • Reporting

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Environmental Accounting

Environmental Accounting

City Start Dates Duration Cost Make a booking
London, United Kingdom 08 July 2019 1 week £2,750 Click here
London, United Kingdom 08 July 2019 2 weeks £4,200 Click here
London, United Kingdom 06 April 2020 1 week £2,750 Click here
London, United Kingdom 06 April 2020 2 weeks £4,200 Click here

Environmental Accounting is an important tool for understanding the role played by the natural environment in the economy. Environmental accounts provide data, which highlight both the contribution of natural resources to economic well-being, and the costs imposed by pollution or resource degradation. It refers to modification of the System of National Accounts to incorporate the use or depletion of natural resources.

This course will help you to understand the purposes of the System of National Accounts, the monitoring of the interaction between the economy and the environment by using indicators and descriptive statistics as a tool for strategic planning and policy analysis in order to identify more sustainable development paths and it will address the issues related to the full economic value of environmental resources or the role which they play in productive activity.

Course objective

At the end of the course delegates will be able to:

  • Understanding what Environmental Accounts is
  • Analysis of the format of the economic accounts using the framework developed by United Nations Statistical Division (UNSTAT)
  • Identifying the environmental issues in conventional accounting
  • How to integrate conventional accounting and ecological accounting by using and developing eco-efficiency indicator

Course outline

  • What Environmental Accounting is – and is not. Why it matters. How is done
  • The purpose of managing environmental information
  • Environmental issues in conventional accounting
  • Ecological Accounting
  • Integration
  • The System of Integrated Environmental and Economic Accounting (SEEA) developed by the United Nations
  • System of Environmental-Economic Accounting for Water
  • Practical Case Studies

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

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Effective Internal Auditing

Effective Internal Auditing

City Start Dates Duration Cost Make a booking
Dubai, United Arab Emirates 29 July 2019 1 week £2,750 Click here
Dubai, United Arab Emirates 29 July 2019 2 weeks £4,200 Click here
Dubai, United Arab Emirates 23 March 2020 1 week £2,750 Click here
Dubai, United Arab Emirates 23 March 2020 2 weeks £4,200 Click here

As Internal auditing is a vital part of Quality Management systems, this course focuses on how to help internal auditor critically assess the methods by which internal auditing can be carried out and how the function can best partner with senior management, risk units and business-lines to provide accurate, independent assurance.

Course Objectives

At the end of the course delegates will understand:

  • Understand the organisation, planning and control of internal auditing
  • Relate to the current philosophy and practice
  • Realise and manage the behavioural implications of internal auditing
  • Appreciate the essential techniques to be used

Course Outline

  • The audit process
  • Preparation/checklist development
  • Gathering evidence of conformance
  • Types of audit
  • Observation, sampling and interviewing
  • Audit objectives
  • Reporting audit findings
  • Challenges of audit reporting
  • Who are the reports really for?
  • How do you know a good report when you see one?
  • What Management expect – recent survey of chief executives
  • IIA Professional standards
  • The need for reports with impact
  • Audit responsibilities
  • Verifying corrective action

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

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Cost Optimization: A Strategic Emphasis

Cost Optimization: A Strategic Emphasis

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 05 August 2019 5 days ₦210,000 Click here
Lagos, Nigeria 09 March 2020 5 days ₦210,000 Click here

This course has been designed to cover the essentials of corporate tax planning and management. This intensive training course will ensure that delegates are fully up to date with key changes and updates on computing income tax accurately, tax laws and tax evasion. The topics cover will allow course participants to mitigate risk whilst maximising planning opportunities in your tax strategy.

Course Objectives

Participants should be able to:

  • Learn to compute Income Tax accurately
  • Acquaint participants with management of the tax affairs of Corporate Entities
  • Take advantage of the various provision of tax laws
  • Understand Tax Planning and Management
  • Differentiate Tax Planning from Tax Evasion

Course Content

  • What is Tax Planning and Tax Management
  • Provisions of PITA and CITA with respects to Tax Planning and management
  • PAYE and Compensation Planning
  • Company Income Tax Planning
  • Use of Commencement, Ceasation and Change in Accounting Date Rules
  • Application of Tax incentives to Tax Planning and Management.

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Corporate Tax Planning and Management for Tax Payers

Corporate Tax Planning and Management for Tax Payers

No Events

This course has been designed to cover the essentials of corporate tax planning and management. This intensive training course will ensure that delegates are fully up to date with key changes and updates on computing income tax accurately, tax laws and tax evasion. The topics cover will allow course participants to mitigate risk whilst maximising planning opportunities in your tax strategy.

Course Objectives

Participants should be able to:

  • Learn to compute Income Tax accurately
  • Acquaint participants with management of the tax affairs of Corporate Entities
  • Take advantage of the various provision of tax laws
  • Understand Tax Planning and Management
  • Differentiate Tax Planning from Tax Evasion

Course Content

  • What is Tax Planning and Tax Management
  • Provisions of PITA and CITA with respects to Tax Planning and management
  • PAYE and Compensation Planning
  • Company Income Tax Planning
  • Use of Commencement, Ceasation and Change in Accounting Date Rules
  • Application of Tax incentives to Tax Planning and Management.

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Conducting Internal Investigation

Conducting Internal Investigation

No Events

Conducting an internal investigation can be a difficult task. An investigation into employee wrongdoing can be costly, disruptive and time-consuming, and can also lead to a variety of legal problems and other unexpected complications if it is not conducted with the utmost care and confidentiality. Conducting Internal Investigations will prepare you for every step of an internal investigation into potential fraud, from receiving the initial allegation to testifying as a witness. In this course, you will learn how to lead an internal investigation with accuracy and confidence by gaining knowledge about various topics, such as relevant legal aspects of internal investigations, using computers in an investigation, collecting and analysing internal and external information, interviewing witnesses and writing reports.

Course Objectives

At the end of the course delegates would:

  • Understanding fraud and how it can be committed
  • Learning about the different fraud schemes and their red flags
  • Developing a fraud prevention policy and procedures
  • Understanding Corruption and its different forms
  • Conducting an effective internal investigation
  • Identifying the sources of information available and relevant
  • How to obtain relevant evidence
  • Handling the evidence by following the procedures
  • Analysis of documents
  • How to prepare an interview
  • Conducting an effective interview
  • Dealing with difficult people and barriers
  • Confidently testifying as a witness

Course Outline

  • Understanding Fraud
  • Fraud Schemes and Red Flags
  • Fraud Prevention
  • Introduction to Internal Investigations
  • Collection and Analysis of Documents
  • Interview Preparation
  • Interview Mechanics
  • Concluding the investigation
  • Testifying as a fact witness

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Building Financial Models with Excel

Building Financial Models with Excel

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 07 August 2019 3 days ₦157,500 Click here

A financial model is a quantitative representation of an organisation’s past, present, and future business operations.  Financial models serve as the foundation and basis of standard financial accounting reports, including the Balance Sheet, the Income Statement, and the Statement of Cash Flows. All type of organisations and companies use financial models every day to analyse and plan their business activities. This course will give you a firm understanding of the steps involved in building financial models and you should know how to use Excel to put that understanding to work in the form of a working financial model. This course is designed for managers, accounting managers, auditors and accounting officers both in the public and private sector, who wish to work in a more efficient computerised environment in order to improve performance within the organisation.

Course objective

At the end of the course delegates will be able to:

  • How to build the Master Budget, the Operating Budget and the Financial Budget
  • Building the consolidated financial statements: Balance Sheet, Income Statement and Cash Flow Statement; and free cash flows.
  • Analysing a financial model by using sensitivity analysis to test the assumptions underlying the financial model, contribution margin analyses to assess the fixed and variable cost elements of an organisation’s cost structure, and the financial ratio analysis to measure important financial ratios.

Course Outline

  • The Master Budget
  • Overview of Budgets and Financial Models
  • Operating Budget – Assumptions, Sales, and Collections
  • Operating Budget – Cost of Goods Sold, Inventory, and Purchases
  • Operating Budget – Operating Expenses
  • Operating Budget – Income Statement
  • Financial Budget – Capital Budget and Cash Budget
  • Financial Budget – Balance Sheet
  • Financial Statements and Free Cash Flows
  • Consolidated Financial Statements
  • Free Cash Flows and Dashboard
  • Analysis of a Financial Model
  • Sensitivity Analysis
  • Contribution Margin Analysis
  • Financial Ratios Analysis

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Budgeting and Financial Management in an Era of Globalization

Budgeting and Financial Management in an Era of Globalization

City Start Dates Duration Cost Make a booking
Dubai, United Arab Emirates 13 January 2020 1 week £2,600 Click here
Dubai, United Arab Emirates 13 January 2020 2 weeks £3,850 Click here

This is a senior-level, course that examines the theory and practice of budgeting and financial management in an era of globalization. The course conveys an understanding of the purposes and roles of budgeting in several types of organizations and examines the major trends and the political, economic, and financial considerations involved in budgeting. One such consideration is globalization. Delegates will explore the impact of globalization on the governance capacity of governments and discuss what globalization means for budgeting.

This course will examine the various theories, practices, challenges, and reforms of budgeting and financial management in governments and government agencies. Delegates will learn what budgeting in a globalized era is and what its related theories are; how budgets are formulated; the roles of politics, economics, and management in public budgeting; how public resources should be allocated efficiently; the impact of globalization on the governance capacity of governments; what globalization means for budgeting; and the feasibility of recent initiatives.

Course Objectives

By the end of this course, each delegate will be able to:

  • Budgeting and financial management in an era of globalization
  • How the budget relates to the two key financial statements: balance sheet and income statement
  • How to prepare a budget consistent with the organization’s strategic plan
  • How to use appropriate estimation techniques in the development of revenue and expense budgets
  • Identify all the appropriate costs to be included in a capital expenditure proposal
  • How to analyze management cost reports and take corrective action

Course Outline  

  • Budgeting and Financial Management in an Era of Globalization
  • Overview and Trends in Public Budgeting
  • Theories of Budgeting
  • Theory Continued—Politics and Bureaucracy in Public Budgeting
  • Macroeconomic Issues in Public Budgeting
  • The Tax System, Tax Expenditures, and Tax Reform
  • Accountability, Management, and Efficiency of Resource Allocation
  • Reform Initiatives and the Realities of Budgeting
  • Accounting Rate of Return
  • Cost Control and Management Budget Reports
  • Approaches to Cost Control

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Auditor in Charge Tools and Techniques

Auditor in Charge Tools and Techniques

No Events

Leading an audit team requires a great deal knowledge, but it also requires dedication, efficiency, and effective leadership skills. Now audit leaders today need the skills to lead with confidence so that every project runs smoothly.

Course objective

At the end of the course delegates will be able to:

  • Master project management techniques through effective planning, organisational techniques and expecting the unexpected.
  • Learn eight simple planning tools that ensure success.
  • How to control the audit by using well-established supervisory, communication and time-management techniques.
  • Identify six steps of effective delegation
  • How to train auditors to perform assigned tasks, solve problems, and document audits properly.

Course Outline

IPPF for the Auditor in Charge

  • Apply IPPF Standards to the role of the auditor in charge (AIC)
  • Recall the core elements of the IPPF.
  • Recognise how the IPPF Standards relate to the AIC role.

The Role of an Auditor in Charge

  • The qualities required to be an effective auditor in charge
  • The responsibilities of an AIC
  • Leadership qualities desired in a leader
  • Knowledge and skills required of an AIC

Planning the Audit

Audit Programs and Staffing

Audit Supervision

Reviewing Work papers

Audit Concerns and Reports

The Exit Conference

Wrapping Up the Audit

Appraising Staff Performance

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Auditing the Treasury Department

Auditing the Treasury Department

No Events

This treasury audit-training course is designed for an Audit department undertaking a Treasury review. It is designed to focus on the business conducted in a treasury, the risks that can be generated and the appropriate controls and structures that should be in place to assist in the efficient use of resources and the prevention of unexpected losses. The course alerts participants to potential dangers in dealing, enabling prompt identification of risks and ensuring recommended management controls are in place, well understood and respected by all involved – from dealer through back-office personnel to the highest level of senior management.

Course objective

At the end of the course delegates will be able to:

  • Identification and recognition of risk in Treasury
  • Understanding how and why failures have arisen in the industry
  • The role that controls and reports have in reducing risk
  • Consideration of what constitutes “best practice”
  • Establishing appropriate parameters for an audit of a Treasury department

Course Outline

  • The role of Treasury
  • Auditing
  • External and internal audit
  • Departmental role and responsibilities
  • The treasury audit
    • Issues of concern
  • Preparing for the treasury audit
  • Asset and Liability Management (ALM)
  • Risk management
  • Cashflow and Liquidity
  • Mismatch (Gap) reporting
  • P&L and other reports
  • Risk assessment techniques
  • What to look for
  • Introduction to Basel II and the
  • Central Banks / Capital adequacy
  • Performance measurements
  • Reporting lines
  • Market Risk, Liquidity risk, Credit risk and Operational risk
  • Risk reporting
  • Limit structures

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Auditing the Procurement Process

Auditing the Procurement Process

City Start Dates Duration Cost Make a booking
Atlanta, United States 07 October 2019 1 week £2,600 Click here
Atlanta, United States 07 October 2019 2 weeks £3,850 Click here

When establishing a management system, organizations have to put in place processes to control the purchasing of products (or services) and their verification. However, the way organizations consider such requirements are fulfilled may not necessarily be the most appropriate one. Similarly, auditors may consider it sufficient to confirm compliance by just checking that an approved supplier list is up-to-date, that orders have been placed only with approved suppliers and activities necessary for ensuring conformity with the specified purchase requirements have been carried out.

Course objective

At the end of the course delegates will be able to:

  • Procurement should start during the design and development of a product when a specification is prepared
  • Inter-departmental discussions should take place to ensure that potential suppliers can provide a product that meets the design specification at the required cost;
  • The organization should ensure that the specified purchase requirements are correct prior to their communication to the supplier;
  • Statutory & regulatory requirements should have been included in the purchase requirements, as applicable;
  • The degree of risk associated with a component or product and the controls required to ensure that it meets the design specification should have been assessed

Course Outline

  • Procurement Audit Procedure
  • Criteria for the Selection of Suppliers
  • Limitations of traditional approach
  • Reliance on tendering
  • Vulnerability to contract fraud
  • Initial selection and supplier partnerships
  • Annual review tools e.g. rolling audits, supplier ‘MOTs’
  • Benchmarking
  • Improvement plans

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Finance for Non-Finance Managers

Finance for Non-Finance Managers

City Start Dates Duration Cost Make a booking
Lagos, Nigeria 03 February 2020 3 days ₦126,000 Click here

Managers in any non-financial function, who are responsible (currently or after promotion) for improving the financial performance of a business unit and/or are required to take financial issues into consideration when evaluating customers or suppliers, constructing budgets, setting prices, controlling costs or making capital investment proposals.

 Course Objectives

At the end of the course delegates will be able to:

  • See how finance impacts on their whole business
  • Read and interpret their statutory accounts that include balance sheets and profit and loss accounts
  • Use balance sheet information to make better business decisions
  • Understand the difference between profit and cash flow
  • Use management ratios to analyse and improve business performance
  • Produce financial reports that can make a real difference to the running of their profit centre
  • Make costing and pricing decisions
  • Improve credit control and working capital issues

Course Outline

  • Financial Management
  • Understanding Balance Sheets
  • Analysing Profit and Loss Accounts
  • Cash Flow Forecasts
  • Improving Capital Projects Assessments
  • Conventional Costings
  • Pricing to Deliver Strategic and Tactical Objectives
  • Making Better Financial Decisions
  • Using Management Ratios to Improve Performance
  • The Working Capital Cycle
  • Personal Development Plan

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Asset Liability Management: Tools and Techniques

Asset Liability Management: Tools and Techniques

No Events

This course addresses issues that concern the ever-changing landscape of ALM such as the traditional methods of identifying, measuring and managing risk. We will also review the up-to-date developments in risk measurement, with emphasis on the management and control of risk in financial institutions and how the ALM process integrates with the overall strategy of the firm.

Course Objectives

At the end of the course, each delegate will be able to:

  • Implement an effective asset and liability management (ALM) policy
  • Manage the ALM function
  • Understand the analytical framework of interest rate risk management
  • Confidently apply ALM in derivatives products
  • Develop familiarity with Value at Risk (VaR) concepts and application
  • Understand important regulatory developments relevant to ALM

Course Outline

  • ALM Definition
  • ALM Process and Management Recognition
  • Financial Markets Volatility
  • Financial Instruments: Many and Varied
  • ALM Risk Management
  • Interest Rate Analysis Techniques
  • Financial Derivatives: Their Role in Interest Rate Risk Management
  • Interest Rate Risk Strategies
  • Capital Allocation and Performance Measurement

Our mission is the development of potentials in individuals and organizations in emerging economies. We believe that economies develop when entities within it are performing to their highest potential.

RELATIONSHIP

People matter to us. We are committed to understanding our clients so that we can serve them better. Our ultimate goal is to foster mutually beneficial longterm relationships with each of our clients that is built on trust.

KNOWLEDGE DISSEMINATION

Our faculty members are experts within their fields, and are supported by a network of dynamic back-office staff. We actively encourage collaboration and knowledge sharing, recognizing that winning ideas come from collaborative thinking. With the wealth of knowledge within our teams and our collaborative ethos, we create an atmosphere that is conducive to learning for all our delegates.

Call Me Back

Accounting and Financial Management

Accounting and Financial Management

Are you a finance manager or a manager expected to handle finance duties, these finance courses unlike others are straight-talking and results focussed? Our finance training course solutions will tackle what can sometimes be viewed as either a dull or intimidating subject by breaking the subject down into logical and manageable sequences and delivering learning in an entertaining, memorable and understandable way.

Call Me Back

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