Cost Accounting Approaches and Techniques
Course Objectives
- Gain practical knowledge on cost concepts and classification; cost expense and Loss; cost centers; direct and indirect costs
- How to develop your company’s costing system
- Learn about cost methods, cost statements and reports
- How to use cost information in planning, controlling, and decision making
Who Should Attend?
Accounting Mangers, Cost Accountants, and Operations and Production Managers
Planning and Budgeting
Course Objectives
This course will allow you to effectively link strategic planning, budgeting and forecasting.
Making good business projections isn’t as hard as it sounds. Well-established forecasting techniques, used properly, can significantly improve profits. Implementing forecasts and invigorating your planning techniques can take some of the guesswork out of operational decision making and put the focus back on optimizing profitability, rather than putting out fires.
Who Should Attend?
This course can be tailored to match different seniority levels and business functions.
Internal Audit
Course Objectives
Participants attending this program will learn how to:
- Establish and communicate the scope and objectives of the internal audit to appropriate management and other stakeholders
- Develop an understanding of the business area under review.
- Develop and document an understanding of the internal control environment and internal control systems.
- Identify and assess adequacy of internal controls used to ensure each key transaction type is properly controlled and monitored
- Report problems identified and negotiate action plans with management to address the problems
- Follow-up on reported findings and recommendations at appropriate intervals
Who Should Attend?
Internal Auditors, Compliance Officers, Audit Committee Members, and Executive Management Officers
Risk Management
Course Objectives
As businesses do not run their operations in vacuum, risks of different types encounter their stride. So the need arises to urge Top Management to be always alert to such risks and maintain a vigilant system in order to mitigate potential threats in an efficient timely manner.
Embedded risk management systems need to be in place to safeguard business assets of different types along with ensuring its sound performance among competitors.
This course provides principles, concepts, types, and approaches of risk management
Who Should Attend?
Top Management Team (CEO, CFO, COO, Directors), Risk Managers, Compliance Officers, and Security Managers.
Feasibility Studies
Course Objectives
This program provides you with a solid understanding of the approach needed for successful investment decision and the financial concepts relevant to such decision. Attending this practical program will guide you to structure and scientifically conduct feasibility studies, an invaluable tool for evaluating investments. This program focuses on the basic areas of a feasibility study, namely: Marketing, Technical, Financial and Economic viability assessment.
Who Should Attend?
This course is intended for staff working in Investment and Financial Management departments.
Due Diligence
Course Objectives
This course provides an understanding of the concept and scope of a due diligence investigation as it relates to both public and private transactions including acquisitions, divesting, and fund raising.
Practical advice is given on the fundamental principles, techniques, and procedures of due diligence and on the different objectives in the due diligence process, covering commercial, financial, and legal due diligence including more specialized areas of investigation for specific business sectors.
Who Should Attend?
Financial Advisors, Investment Managers, Strategic Investors, Securities Analysts, Financial Managers, and Internal Auditors.
Business Valuation
Course Objectives
This course provides officers and consultants engaged in business valuation with in-depth knowledge and practical skills in applying alternative business valuation approaches (Asset-based , Income-based, and Market-based ) including:
- How to review relevant historical information
- How to assess business forecasts and projections and underlying assumptions.
- How to identify relevant valuation techniques
- The concepts of enterprise value and equity value
- Leverage and unleveraged Beta in measuring and how to estimate discount and capitalization rates.
Who Should Attend?
Financial Advisors, Investment Managers, Strategic Investors, Securities Analysts, Financial Managers, and Internal Auditors.
Project Finance
Course Objectives
This Project Finance training program provides a framework and methodology to look at project financing as a viable financing option from both the debt and equity perspective. Participants will gain “hands-on” skills by applying the principles learned to a number of case studies, documenting real projects and spanning a broad cross-section of geography and industry type.
Who Should Attend?
Finance Professionals, Consultants, Portfolio Managers from both the private and public sectors.
Working Capital Management
Course Objectives
- Acquire an understanding of the fundamentals of effective management of cash flow, including the optimization of the level of working capital
- Powerfully improve cash flow and liquidity by following a process of working capital assessment
- Assess areas within your organization where working capital improvements can be translated to the bottom line earnings
- Develop a rigorous working capital plan to take your organization forward in the current economic environment
Who Should Attend?
Financial Controllers, Accountants, Treasury related functions, Business Managers and any Operational, Engineering, Commercial, Marketing, or Technical professional whose work impacts on cash flow or working capital, and who wishes to develop their expertise in these areas to support their current roles or for career development.
Financial Analysis
Course Objectives
- Understanding how to use financial indicators and benchmarks
- How financial analysis takes the guesswork out of the planning process and enables you to keep tabs on how your business is performing.
- Review proven analytical tools and develop a keen understanding of how and when to use them to improve your company’s profit picture.
Who Should Attend?
Managers with financial responsibility, Financial Analysts, Accountants, Project Managers, Budget Analysts, Controllers, and Treasurers.
International Financial Reporting Standards (IFRS)
Course Objectives
- To apply advanced accounting principles and techniques in a practical context
- To evaluate and apply various IFRS as they apply
- To analyze, interpret and report on financial statements and related information to different user groups
- To ensure that developers and users of financial statements are up-to-date with current amendments and requirements of IFRS as they relate to business fields
Who Should Attend?
Managers, officers, and employees working in Accounting, Finance, Treasury and Operations who would like to understand, interpret and apply IFRS. The course presumes knowledge of basic accounting procedures and principles. No prior knowledge of IFRS is required.
Fraud Prevention and Deterrence Master Class
Course Objectives
- To be updated on current fraud trends
- Show an advanced understanding of the role of the governing bodies, management and assurance service providers
- A comprehensive implementation of anti-fraud controls and prevention program
- To be able to return to work and immediately identify key characteristics of fraud
- Understand the common fraud types and schemes
- Understand core fraud risk management concepts
Who Should Attend?
This program is designed for GRC Professionals, Governance Officers, Risk Officers, Compliance Officers, Internal Control Officers, Internal Auditors, External Auditors, Financial Managers, Financial Controllers, and Middle and Senior Management
Finance Functions Framework
Course Objectives
This course is customized and tailored to provide overall understanding of the Finance Functions Framework and their implementation from a practical point of view. This course aims to provide Executives and Senior Management with necessary knowledge to enable them to guide and influence business applications.
Who Should Attend?
Executives and Senior Management professionals from the different departments.