Finance and Accounting Training Courses, Page 2

Financial Statements Preparation, Reporting & Analysis Course - (FA 2061)

Introduction:</h2>
Preparing financial statements and annual reports are key communication channels between companies and stakeholders.
This financial reporting training will equip you with the know-how to craft transparent and credible financial reports aligned with the International Financial Reporting Standards (IFRS), ultimately enhancing your organization's integrity in financial reporting.
Enhance your financial reporting certification potential by immersing yourself in our financial statements training courses. Understand the system of preparing financial statements, gain insight into reporting and analysis techniques, and learn how to make a financial analysis report that stands up to scrutiny.
Dive into our comprehensive financial reporting course segment, which gives you the analytical tools and methods to understand prepared financial statements. Cultivate the ability to conduct robust reporting analysis and solidify your stature as a financial reporting and analysis expert.
<h2>Targeted Groups:</h2>
<ul>
<li>Senior and junior accountants.</li>
<li>Accounting and finance professionals.</li>
<li>Chief accountants.</li>
<li>Accounting managers and supervisors.</li>
<li>Financial controllers.</li>
<li>This financial statements and reporting course is for any accounting and finance professional interested in deepening their skill set regarding the nuances of financial statement preparation and assorted notes.</li>
</ul>
<h2>Course Objectives:</h2>
Participants will finish the financial statements and reporting course with the ability to:
<ul>
<li>Comprehend the entire accounting cycle and its pivotal role.</li>
<li>Confidently read and interpret a company's financial statements.</li>
<li>Master the design of a chart of accounts that reflects your business.</li>
<li>Execute appropriate adjusting entries.</li>
<li>Grasp the nuances of financial statements and their constituent elements.</li>
<li>Apply rigorous techniques to analyze financial statements and identify underlying issues meticulously.</li>
</ul>
<h2>Targeted Competencies:</h2>
At the end of this financial statements and reporting course, the target competencies will be able to:
<ul>
<li>Firm grasp of the accounting cycle.</li>
<li>Expertise in designing a chart of accounts.</li>
<li>Skillful execution of accounting adjusting entries.</li>
<li>Proficient in preparing and critically analyzing income statements.</li>
<li>Adeptness in preparing and scrutinizing balance sheets.</li>
<li>Competence in designing and evaluating cash flow statements.</li>
<li>Keen aptitude for reviewing and dissecting financial statement notes.</li>
<li>Proficiency in utilizing Excel functions for financial reporting analytics.</li>
</ul>
<h2>Course Content:</h2>
<h3>Unit 1: The Accounting Cycle:</h3>
<ul>
<li>Analyze and quantify transactions.</li>
<li>Record transactions in a chronological journal.</li>
<li>Transfer journal entries to the ledger.</li>
<li>Draft an unadjusted trial balance.</li>
<li>Prepare and post adjusting entries.</li>
<li>Generate an adjusted trial balance.</li>
<li>Compose complete financial statements.</li>
<li>Facilitate closing entries.</li>
<li>Formulate a post-closing trial balance.</li>
</ul>
<h3>Unit 2: Designing Chart of Accounts:</h3>
<ul>
<li>Principles of chart of accounts design.</li>
<li>Examples of well-structured chart accounts.</li>
<li>Exploration of the 5 significant accounts in accounting.</li>
<li>Sequencing account categories on a chart of accounts.</li>
<li>Usage of a standard chart of accounts.</li>
<li>Crafting a chart of accounts within SAP.</li>
<li>Setting a chart of account structure parameters.</li>
</ul>
<h3>Unit 3: Performing Accounting Adjustment Entries:</h3>
<ul>
<li>Delving into the essence of accounting adjustments.</li>
<li>Categorization and varieties of Adjusting Entries.</li>
<li>Description of the 5 main types of adjusting entries.</li>
<li>Detailed examination of changing entries in accounting with examples.</li>
<li>Delineation of the 4 primary types of adjusting entries.</li>
<li>Demystification of the two fundamental categories of adjusting entries.</li>
<li>Simplified insights into comprehending adjusting entries.</li>
</ul>
<h3>Unit 4: Preparing Financial Statements:</h3>
<ul>
<li>An introduction to the strategic preparation of financial statements.</li>
<li>The sequential order of financial statement preparation.</li>
<li>Overview of the 4 fundamental financial statements.</li>
<li>Steps to construct a comprehensive balance sheet.</li>
<li>Formulation of a detailed income statement.</li>
<li>Blueprint for compiling a cash flow statement.</li>
<li>Compilation of the financial statements of retained earnings.</li>
<li>Addressing issues prevalent in financial statements.</li>
</ul>
<h3>Unit 5: Reviewing and Understanding Financial Statements Notes:</h3>
<ul>
<li>In-depth understanding of financial statements.</li>
<li>Methods to verify the accuracy of financial statements.</li>
<li>Analytical breakdown of a balance sheet.</li>
<li>Methodical reviewing of financial statements.</li>
<li>Implementation of a financial statement review checklist.</li>
</ul>">

Istanbul (Turkey)

Browse for more events...

Effective Control and Analysis of Financial Statements Course - (FA 2063)

Introduction to Financial Statement Analysis</h2>
Financial statement analysis is crucial in understanding any organization's financial health and operational efficiency. The audit profession has experienced significant evolutions, reflecting the complexity and diversity of activities in modern institutions.
With the expansive use of human, physical, and financial resources, there is an ever-present risk of discrepancies and manipulations. This financial statement analysis and control course will equip participants with the financial statement analysis and core competencies to effectively analyze and control financial statements.
<h2>Financial Statement Analysis Training and Certification</h2>
For those looking to gain formal recognition of their expertise in financial statement analysis and valuation, this financial statement analysis certification provides the necessary training and skills development.
Understanding the importance of financial statement analysis is essential for any professional in the field of finance management training.
This financial statement analysis and control course structure aims to prepare attendees for real-world application and advanced career opportunities in accounting analysis and interpretation of financial statements.
<h2>Targeted Groups</h2>
<ul>
<li>Accountants.</li>
<li>Accounting and finance professionals.</li>
<li>Chief accountants.</li>
<li>Accounting managers and supervisors.</li>
<li>Financial controllers.</li>
<li>This financial statement analysis and control course is for employees who want to extend their experience to improve their careers.</li>
</ul>
<h2>Course Objectives</h2>
Participants in this comprehensive financial planning and analysis course will be able to:
<ul>
<li>Enhance their skills in auditing and financial audit.</li>
<li>Apply the latest scientific and practical methods in auditing and financial control.</li>
<li>Identify and discuss practical problems in internal audit and control.</li>
<li>Understand each phase of the accounting cycle.</li>
<li>Develop a well-structured chart of accounts.</li>
<li>Make necessary accounting adjustments, including deferrals and accruals.</li>
</ul>
<h2>Targeted Competencies</h2>
At the end of this financial statement analysis and control course, the target competencies will be able to improve:
<ul>
<li>Financial control and reporting analysis.</li>
<li>Mastery of the accounting cycle.</li>
<li>Design and implementation of a chart of accounts.</li>
<li>Execution of accounting adjusting entries.</li>
<li>Review and comprehension of financial statement notes.</li>
<li>Utilization of advanced Excel functions for financial reporting and analysis.</li>
</ul>
<h2>Course Content</h2>
<h3>Unit 1: Development of Internal Control Systems in Line with Current Global Trends</h3>
<ul>
<li>Financial statement analysis and valuation for internal control systems.</li>
<li>Administrative and performance control concepts.</li>
<li>Establishment of Internal Audit Departments.</li>
<li>Internal control per the COZO Commission framework.</li>
<li>Compliance with the US Oxley Act and Sarbanes-Oxley reforms.</li>
<li>Functions of auditing committees.</li>
<li>Implementation of governance practices.</li>
<li>Strategic auditing methodology.</li>
<li>Risk auditing methodology.</li>
<li>Derivatives auditing.</li>
<li>Electronic information system auditing techniques.</li>
</ul>
<h3>Unit 2: Implementing Sampling Methodologies for Internal Control System Evaluation</h3>
<ul>
<li>Adopting the sampling method by IAS 530 requirements.</li>
<li>Understanding key terms in sampling methods.</li>
<li>Execution of audit tests using sampling.</li>
<li>Elements and sizing aspects of the audit sample.</li>
<li>Determine the size of the sample.</li>
<li>Methods for selecting sample items.</li>
<li>Random selection method.</li>
<li>Evaluation of sample results for internal audit validity.</li>
</ul>
<h3>Unit 3: Statistical Approach to Audit Risks of Internal Control Systems</h3>
<ul>
<li>Risk auditing by ISA 400.</li>
<li>Financial failure prediction using regression methods (project continuity).</li>
<li>Analysis with models like "Altman" Z-Score.</li>
<li>The comport model.</li>
<li>KEDA model.</li>
<li>Sherwood model.</li>
<li>Employment of economic correlations in detecting financial irregularities.</li>
<li>MANGO methodology for assessing financial management soundness.</li>
</ul>
<h3>Unit 4: Auditing of Estimated Financial Statements</h3>
<ul>
<li>Review of future financial information in line with ISRE 810.</li>
<li>Gathering necessary information to verify future financial data.</li>
<li>Presentation and disclosure evaluation of prospective financial information.</li>
<li>Reporting on future financial information tests.</li>
<li>Revision of accounting estimates on the following international standard on review engagements 540.</li>
<li>Nature of accounting estimates.</li>
<li>Examine and test the context used by management.</li>
<li>Use an independent estimate.</li>
<li>Examination of subsequent events.</li>
<li>Evaluation of review procedure outcomes.</li>
</ul>
<h3>Unit 5: Using Analytical Procedures in Auditing Financial Statements</h3>
<ul>
<li>Exploring the nature and objective of analytical procedures in auditing.</li>
<li>Analytical procedures within the audit planning phase.</li>
<li>Implementation of essential analytical procedures.</li>
<li>Employing analytical methods at the review completion stage.</li>
<li>Determining the extent of reliance on analytical procedures.</li>
<li>Identification and investigation of unusual items in financial statements.</li>
</ul>">

Cape Town (South Africa)

Browse for more events...

ACI Dealing Certificate Training Course - (FA 2066)

Cape Town (South Africa)

10 - 14 Aug 2026

5300 Euro

Sharm El-Sheikh (Egypt)

Kuala Lumpur (Malaysia)

23 - 27 Aug 2026

4600 Euro

Browse for more events...

Payroll Management & Effective Payroll Controls Course - (FA 2069)

Browse for more events...

Portfolio Management and Corporate Finance Principles - (FA 2070)

Milan (Italy)

10 - 14 Aug 2026

6200 Euro

Amsterdam (Netherlands)

24 - 28 Aug 2026

5600 Euro

Kuala Lumpur (Malaysia)

Browse for more events...

The Strategic Financial Planning & Implementation Course - (FA 2071)

Browse for more events...

Certificate Course in Advanced Trade Finance Masterclass - (FA 2073)

Introduction</h2>
Securing the company's assets while transacting with local and international customers is critical for the success and sustainability of a business.
This advanced patronage finance course teaches you how to properly transact with foreign companies to support your topline without sacrificing your assets and financial stability. You will also learn how to negotiate with trade counterparties to secure favorable commercial terms, engage in impactful trade finance solutions, and utilize advanced trading strategies.
This comprehensive trade finance certification course provides an essential certification for professionals looking to deepen their expertise in trade finance solutions and advanced trading techniques.
Through this trade finance certificate course, delegates will emerge confident in navigating the complex world of international trade finance effectively, contributing to trade finance conferences with insights and strategies, and achieving a high level of competence in structured trade financing.
<h2>Targeted Groups</h2>
<ul>
<li>Financial controllers.</li>
<li>Procurement professionals.</li>
<li>Financial analysts.</li>
<li>Business development managers.</li>
<li>Financial managers.</li>
<li>Management accountants.</li>
<li>Business analysts.</li>
<li>Treasury professionals.</li>
<li>This advanced trade finance masterclass certification course is for persons who want to gain significant experience to improve their careers in trade finance.</li>
</ul>
<h2>Course Objectives</h2>
By the end of this trade finance training, participants will be able to:
<ul>
<li>Understand the dynamics of the global trade finance market and institutions' responses.</li>
<li>Empower delegates to become better practitioners in finance masterclass settings.</li>
<li>Demonstrate advanced knowledge of trade finance beyond typical payment methods.</li>
<li>Gain insight into customer risk perceptions and the paradoxes this can create</li>
<li>Understand why open account trading is prevalent despite the risks.</li>
<li>Discuss why the letter of credit is still widely used.</li>
<li>Recognize trade finance's challenges in compliance, particularly with FCC and AML considerations.</li>
<li>Realize the profitability and low credit risk potential of well-managed trade finance.</li>
<li>Appreciate the trade finance cycle, including break-even analysis.</li>
<li>Realizing sanctions are now mainstream considerations.</li>
<li>Comprehend the risk-based approach and its impact on trade finance.</li>
<li>Get to grips with various financial crime compliance terminologies like DDD, FATF, TI, and CPI.</li>
<li>Understand and identify the traditional risks.</li>
<li>Review the essential products and how the customer analyzes his risk.</li>
<li>Master the aspects of supply chain management and finance.</li>
<li>Learn about the conventional letters of credit and the four contract concepts.</li>
<li>Discover the depth of standby letters of credit and their role in bank-supported trade.</li>
<li>Learn about finance issues related to exporting and controlling credit exposure.</li>
<li>Explore the effective use of collections as a form of short-term finance.</li>
<li>Understand international demand and contract guarantees/bonds.</li>
</ul>
<h2>Targeted Competencies</h2>
At the end of this finance masterclass, the target competencies will be able to improve:
<ul>
<li>Understanding advanced trade finance.</li>
<li>Negotiating commercial terms effectively.</li>
<li>Securing assets and maintaining profitability.</li>
<li>Utilizing trade finance tools to enhance revenues.</li>
<li>Mitigating risks associated with trade finance.</li>
</ul>
<h2>Course Content</h2>
<h3>Unit 1: The Current Market Place</h3>
<ul>
<li>Recent evolution and current developments in trade finance.</li>
<li>The challenge of emerging markets.</li>
<li>The influence of China's economic activities.</li>
<li>Geo-political challenges, especially protectionism.</li>
<li>The spectrum of trade finance clients, from global corporations to SMEs.</li>
<li>Fundamental understanding of trade finance.</li>
<li>Typical users of trade finance products and services.</li>
</ul>
<h3>Unit 2: Financial Crime Compliance & Sanctions</h3>
<ul>
<li>The significance of compliance in trade finance.</li>
<li>Risk-based approaches to trade finance.</li>
<li>TI CPI, FATF, Wolfsberg, ICC, OFAC, and other influencers.</li>
<li>CDD and the need to obtain a clear line of sight across the value chain.</li>
<li>Money laundering methodologies – how is it done?</li>
<li>Documentary fraud.</li>
<li>PEPS.</li>
<li>An overview of sanctions and their impact.</li>
</ul>
<h3>Unit 3: Traditional Risks – The Critical Issues</h3>
<ul>
<li>Risk identification and management in trade finance.</li>
<li>Credit, market, and operational risk considerations.</li>
<li>Political and country risk factors.</li>
<li>Bank and institutional risk assessment.</li>
<li>Corporate and other critical risks.</li>
<li>Importer and exporter risk evaluation.</li>
<li>Other risks in the transaction and how to mitigate them (transport risk, warehousing, and force majeure).</li>
<li>Risk mitigation, management, and transfer.</li>
</ul>
<h3>Unit 4: Supply Chain Management & Finance</h3>
<ul>
<li>The origins of SCM and what it means in practice.</li>
<li>Understanding the issues in SCM – "the tug of war" between supplier and buyer.</li>
<li>Bringing about a "balance" between parties for effective processing.</li>
<li>Understanding the movement of 'information, goods, and cash.’'</li>
<li>The main SCF models for supply chain finance are accounts payable-centric, accounts receivable, and BPO.</li>
<li>Review the risk aspects of SCF.</li>
</ul>
<h3>Unit 5: Standby Letters of Credit</h3>
<ul>
<li>History and origin.</li>
<li>The dominant trade finance product.</li>
<li>Uses of standby letters of credit.</li>
<li>Risk management via standby letters of credit.</li>
<li>Issuance and assessment.</li>
<li>Pricing strategies.</li>
<li>Understanding ISP98 and UCP 600 applications in standby letters of credit.</li>
<li>Fraud detection and prevention.</li>
</ul>
<h3>Unit 6: Export Finance issues</h3>
<ul>
<li>Looking at the big picture.</li>
<li>Understanding the purpose of borrowing.</li>
<li>Country risk issues.</li>
<li>The reality of title and control.</li>
<li>Negotiation under letters of credit.</li>
<li>Discounting of deferred payment L/C, acceptance credits (with or without recourse).</li>
</ul>
<h3>Unit 7: Controlling Credit Exposure – Formulating a Limit</h3>
<ul>
<li>Trade cycle analysis.</li>
<li>Timeline utilization.</li>
<li>Assessment and management of funding gaps.</li>
</ul>
<h3>Unit 8: Structuring Finance for the Trader</h3>
<ul>
<li>Trade flow analysis for finance structuring.</li>
<li>Facility size and structure assessment.</li>
<li>Specific lending with identifiable maturity dates.</li>
<li>Appreciating and controlling sources of repayment.</li>
</ul>
<h3>Unit 9: Effective Use of Collections for Short-Term Finance</h3>
<ul>
<li>Collections as a financial tool.</li>
<li>Risk identification and mitigation strategies.</li>
<li>Control maintenance in financial transactions.</li>
</ul>
<h3>Unit 10: Supporting the Trader</h3>
<ul>
<li>Utilizing goods as collateral.</li>
<li>Valuation of goods for trade finance.</li>
<li>Understanding the importance of pledges and trust receipts.</li>
<li>Structuring lending for trade finance.</li>
</ul>">

Browse for more events...

IFRS 9 Financial Instruments Training Course - (FA 2075)

Introduction to IFRS 9 Financial Instruments</h2>
IFRS 9 Financial Instruments represents a significant overhaul of financial instrument accounting, replacing the previous IAS 39 Financial Instruments: Recognition and Measurement standard. Effective January 1, 2018, this standard provides a logical, more principle-based approach for classifying and measuring financial assets.
The IFRS 9 financial instruments course demands a clear understanding of the entity's business model and contractual cash flow characteristics of financial assets.
The IFRS 9 training course aims to elucidate the norms related to expected credit losses, requiring earlier recognition and ongoing assessment, as well as the principles of hedge accounting, which align more closely with a company's risk management methodologies.
Participants will become adept in the IFRS 9 financial instruments classification and measurement, develop a comprehensive understanding of the accounting for assets and liabilities, and learn to navigate the requirements for recognizing impairment losses and applying hedge accounting.
The IFRS 9 financial instruments course also covers relevant disclosures under IFRS 7 and the principles of fair value measurement in IFRS 13.
<h2>Targeted Groups:</h2>
<ul>
<li>Financial and management accountants incorporate financial institutions.</li>
<li>Staff in treasury, operations, risk management, IT, or compliance departments.</li>
<li>Internal auditors of entities reporting under IFRS.</li>
<li>External auditors with clients adapting to the complexities of IFRS 9.</li>
<li>Staff and management of central banks and regulatory agencies in the financial sector.</li>
<li>Financial analysts are seeking a deeper understanding of financial instruments under IFRS 9.</li>
<li>Entities are moving towards first-time adoption of IFRS, focusing on IFRS 9 implications.</li>
</ul>
<h2>Course Objectives:</h2>
By the end of the IFRS 9 training course, participants will be able to:
<ul>
<li>Classify and measure financial assets under the three categories in IFRS 9.</li>
<li>Analyze the impact of IFRS 9 on the classification of financial assets, including embedded derivatives.</li>
<li>Classify and measure financial liabilities under the two categories in IFRS 9.</li>
<li>Evaluate the principles of fair value measurement in IFRS 13.</li>
<li>Apply the principles of derecognition of financial assets.</li>
<li>Calculate the impairment loss on loans and other financial assets under the expected credit loss model in IFRS 9.</li>
<li>Analyze the estimates and judgments in the expected credit loss impairment model.</li>
<li>Apply the hedge accounting model in IFRS 9 and learn how it is aligned more closely to standard risk management practices than IAS 39.</li>
</ul>
<h2>Targeted Competencies:</h2>
At the end of this IFRS 9 training course, the target competencies will be able to develop:
<ul>
<li>Understanding and interpreting financial statements.</li>
<li>Mastery of financial reporting.</li>
<li>Proficiency in applying IFRS, particularly IFRS 9 accounting standards.</li>
<li>Accounting for a wide range of financial instruments.</li>
<li>Classifying different types of investments under IFRS 9.</li>
<li>Insight into the latest revisions and amendments under IFRS.</li>
<li>Evaluating the effects of new accounting standards on financial statements.</li>
</ul>
<h2>Course Content:</h2>
<h3>Unit 1: Introduction to IFRS 9 Financial Instruments Overview</h3>
<ul>
<li>Relevance of IASB standards about financial instruments: IAS 32, IAS 39, IFRS 7, IFRS 9, and IFRS 13.</li>
<li>Introduction to IFRS 9.</li>
<li>Defining financial assets, liabilities, and equity instruments within the realm of IFRS 9.</li>
<li>Differentiating between financial liability and equity instruments, recognizing compound instruments, and offsetting as per IAS 32 guidelines.</li>
</ul>
<h3>Unit 2: Classification of Financial Assets and Financial Liabilities under IFRS 9</h3>
<ul>
<li>Re-cap of IAS 39 classification.</li>
<li>Solely Payments of Principal and Interest (SPPI) criteria.</li>
<li>Business model criteria.</li>
<li>Application of IFRS 9 classification model.</li>
<li>Amortized cost.</li>
<li>Fair value through profit or loss.</li>
<li>Fair value through other comprehensive income.</li>
<li>Fair value option.</li>
</ul>
<h3>Unit 3: Measurement of Financial Assets and Financial Liabilities as per IFRS 9</h3>
<ul>
<li>Initial recognition, including treatment of transaction costs.</li>
<li>Subsequent measurement (IFRS 9 and IFRS 13).</li>
<li>Debt instruments.</li>
<li>Equity instruments.</li>
<li>Fair value movements due to changes in own credit risk and reporting it for financial liabilities designated at fair value through profit or loss.</li>
<li>Impact of reclassification of financial assets.</li>
<li>Overview of accounting for derivatives and embedded derivatives in IFRS 9.</li>
<li>CVA and DVA for credit risk on derivatives.</li>
</ul>
<h3>Unit 4: Understanding Amortized Cost Financial Assets with IFRS 9</h3>
<ul>
<li>Recognition and measurement under IFRS 9.</li>
<li>Loan commitments.</li>
<li>Fee income and loan origination costs.</li>
<li>Financial guarantees.</li>
<li>Repossessed assets.</li>
</ul>
<h3>Unit 5: Derecognition Principles of Financial Assets according to IFRS 9</h3>
<ul>
<li>Critical considerations for derecognition of financial assets.</li>
<li>Determining occurrences of transfer of financial assets.</li>
<li>Judging the transfer or retention of risks and rewards.</li>
<li>Investigation of control retention and continued involvement measurements.</li>
<li>Derecognition of financial liabilities.</li>
</ul>
<h3>Unit 6: Impairment of Financial Assets within the IFRS 9 Context</h3>
<ul>
<li>Introduction to IFRS 9 expected loss model – background, scope, and impact of the model.</li>
<li>Application of IFRS 9 expected credit loss model.</li>
<li>12-month and lifetime expected credit losses.</li>
<li>Determination of significant increases in credit risk.</li>
<li>Measurement of expected credit losses.</li>
<li>Modified financial assets.</li>
<li>Simplification and practical expedients.</li>
<li>Purchase/origination of credit-impaired financial assets.</li>
<li>Individual and collective assessment of impairment.</li>
<li>Critical estimates and judgments.</li>
</ul>
<h3>Unit 7: Hedge Accounting and its Alignment with IFRS 9</h3>
<ul>
<li>Overview of hedging, accounting for different hedges, and comprehensive examples to hedge interest rate and foreign exchange risk.</li>
<li>Issues with IAS 39 hedge accounting.</li>
<li>IFRS 9 hedge accounting model.</li>
<li>Hedging instruments.</li>
<li>Hedged items.</li>
<li>Qualifying criteria.</li>
<li>Hedge documentation.</li>
<li>Hedge effectiveness requirements.</li>
<li>Rebalancing.</li>
<li>Discontinuation.</li>
<li>Discussion paper on macro hedging (dynamic risk management).</li>
</ul>">

Cape Town (South Africa)

Dar es Salaam (Tanzania)

Browse for more events...

Integrating Budgeting, Forecasting, and Business Planning - Advanced - (FA 2076)

Introduction:</h2>
This seminar aims to enhance participants' business budgeting, financial forecasting training, and business planning competencies, establishing world-class standards within these domains. The curriculum introduces fresh, innovative techniques while reinforcing traditional financial planning tools.
The advanced business planning and financial forecasting course will explore new concepts for measuring and reporting performance and creating shareholder wealth. Furthermore, participants will gain insights into capital budgeting, budgeting various expenses, setting profit targets, managing cash requirements, and effectively forecasting business needs.
Throughout this budgeting planning and forecasting seminar, participants have the knowledge and skills to excel in corporate budgeting and financial forecasting. Whether new to planning budgeting and forecasting or aiming for a budgeting and forecasting certification, this course provides a comprehensive educational journey, reinforcing and building upon existing expertise.
Professionals from various sectors find valuable takeaways from this advanced business planning and financial forecasting seminar, enabling them to streamline their organization's processes and strategies effectively.
<h2>Targeted Groups:</h2>
<ul>
<li>Financial planners.</li>
<li>Cost analysts.</li>
<li>Professional advisers.</li>
<li>Account personnel.</li>
<li>Business consultants.</li>
<li>Professionals seeking a deeper understanding of integrated planning and budgeting techniques.</li>
<li>Accountants tasked with budget preparation and management reporting.</li>
</ul>
<h2>Course Objectives:</h2>
By the end of this budgeting and forecasting training, participants will:
<ul>
<li>Build an integrated planning, budgeting, and reporting process.</li>
<li>Improve their budgeting/financial skills required for better decision-making.</li>
<li>Understand cost behavior more accurately.</li>
<li>Deliver more timely and valuable information to decision-makers.</li>
<li>Explain typical costing and budgeting terminology used in business.</li>
<li>Improve their management abilities.</li>
<li>Increase their understanding of forecasting and budgeting techniques.</li>
<li>Understand the problems of overheads and how activity-based analysis may aid decision-making and pricing strategies.</li>
<li>Contribute to the implementation of change in the organization.</li>
<li>Facilitate the elimination of non-value activities and the reduction of costs within your organization.</li>
<li>Understand cost behavior and patterns.</li>
<li>Ensure that business planning, budgeting, and management reporting processes are robust in themselves and suitable for their organization.</li>
</ul>
<h2>Targeted Competencies:</h2>
At the end of this advanced business planning and financial forecasting course, the target competencies will be able to improve:
<ul>
<li>Distinguishing between problem identification and problem-solving.</li>
<li>Impartial and robust analysis of plans and outcomes.</li>
<li>Comprehension of budgeting control aspects.</li>
<li>Appreciation for the human factors in budget setting.</li>
</ul>
<h2>Course Content:</h2>
<h3>Unit 1: Budgets and Strategy in Today's International Environment</h3>
<ul>
<li>Organizational planning framework.</li>
<li>The product/information/decision support cycle.</li>
<li>Strategic, tactical, and operational forecasts.</li>
<li>The strategic approach to business planning.</li>
<li>Various strategic and tactical approaches to business planning.</li>
<li>The international business environment.</li>
</ul>
<h3>Unit 2: The Business Plan and Budget Development</h3>
<ul>
<li>Articulating the business plan.</li>
<li>Pinpointing key value drivers.</li>
<li>Realizing objectives.</li>
<li>Zero-base budgeting.</li>
<li>Activity-based budgeting.</li>
<li>The use of rolling budgets.</li>
<li>Crafting the cash budget.</li>
</ul>
<h3>Unit 3: Analyzing the Applicability of Historical Data Using Excel</h3>
<ul>
<li>Challenges of forecasting.</li>
<li>Historical data role in predictive measures.</li>
<li>Forecasting competencies.</li>
<li>Sales volume considerations.</li>
<li>Development of time series models using histograms, moving averages, exponential smoothing, and regression analysis.</li>
<li>Using regression analysis as a predictor and estimator.</li>
<li>Mastering the use of exponential smoothing as a data analysis tool.</li>
</ul>
<h3>Unit 4: Fantastic Forecasting</h3>
<ul>
<li>What is forecasting?</li>
<li>Qualitative techniques and their uses.</li>
<li>Quantitative methods and their uses.</li>
<li>Smoothing techniques.</li>
<li>Regression analysis.</li>
<li>Time series analysis.</li>
<li>Forecasting growth rates for verification.</li>
<li>Internal (IGR).</li>
<li>Sustainable (SGR).</li>
<li>MIN and MAX functions.</li>
<li>MEDIAN, MODE, and AVERAGE functions.</li>
<li>GEOMEAN to calculate Average Growth Rate (AGR).</li>
<li>When should you use RANK, QUARTILE, and PERCENTILE?</li>
</ul>
<h3>Unit 5: Using Activity-Based Budgeting and Cost Analysis Techniques</h3>
<ul>
<li>Cost behavior exploration and breakeven analysis.</li>
<li>Fundamentals of activity-based costing.</li>
<li>Budgeting from a process-oriented perspective.</li>
<li>Identification of key cost drivers.</li>
<li>Defining key activities.</li>
<li>Establishment of the activity-based budget.</li>
</ul>
<h3>Unit 6: Capital Budgeting and Project Appraisal</h3>
<ul>
<li>Identify the various types of capital projects.</li>
<li>Discuss the capital project evaluation process.</li>
<li>The impact time has on the value of money.</li>
<li>Using WACC and ROIC as benchmarks.</li>
<li>Determining the initial and subsequent capital project cash flows.</li>
<li>Development of the "Hurdle Rate" for capital projects.</li>
<li>Evaluate capital projects by applying NPV, IRR, and ARR Payback models.</li>
</ul>
<h3>Unit 7: Putting It Together – Building The Comprehensive Model</h3>
<ul>
<li>Construction of a planning model.</li>
<li>Build your forecasting model.</li>
<li>Build your budgeting model.</li>
<li>Integration methods for these models.</li>
<li>Capital structure optimization strategies.</li>
<li>Tactics for bond buybacks.</li>
</ul>">

Browse for more events...

Advanced Accounting & Finance Management Course - (FA 3050)

Introduction:</h2>
This advanced accounting and finance management course offers an in-depth overview of the accounting and finance world. It examines the internal workings of the finance/control function as it interacts with various constituencies to provide information for decision-making under uncertainty.
Furthermore, the advanced accounting and finance management course delves into the impact of capital markets on corporate finance, risk, and governance.
The advanced accounting and finance management program presents essential financial tools and contextualizes their application for meaningful analysis. It provides a comprehensive understanding of strategic business management's financial and economic dimensions. It fosters an in-depth comprehension of financial statements, data analysis, planning, and control.
Participants in the advanced accounting and finance management course will become well-versed in advanced accounting principles, finance management, and the integral role of governance in corporate environments, leaving with an advanced accounting certificate that symbolizes a significant elevation in their professional capabilities.
<h2>Understanding What Is an Advanced Accounting Course:</h2>
An advanced accounting course goes beyond the fundamentals to explore complex and specialized areas of accounting. In this course, participants will encounter rigorous content that pushes their knowledge to higher levels, preparing them for advanced certification in accounting and fulfilling roles that require a deep mastery of finance and accounting principles.
<h2>Targeted Groups:</h2>
<ul>
<li>Financial controllers.</li>
<li>Chief accountants.</li>
<li>Finance or accounting managers, supervisors.</li>
<li>Staff accountants.</li>
<li>General ledger accountants.</li>
<li>Professionals in accounting and finance who wish to upgrade their skills.</li>
</ul>
<h2>Course Objectives:</h2>
By the end of this advanced accounting and finance management course, participants will be able to:
<ul>
<li>Define the nature and scope of corporate financial reporting.</li>
<li>Critique the concepts, rules, and procedures for corporate financial reporting.</li>
<li>Interpret financial statements according to IFRS, FAS, SEC, and other standards.</li>
<li>Incorporate risk management and corporate governance into business practices.</li>
<li>Analyze the financial performance of an organization through its financial statements.</li>
<li>Apply discounted cash flow (DCF) methods to financial decision-making.</li>
<li>Navigate the budgeting process, including performance evaluation.</li>
<li>Understand cost behavior and its impact on management decisions.</li>
<li>Communicate and scrutinize financial information effectively.</li>
<li>Appreciate the integration of finance, accounting, and governance.</li>
<li>Implement business plans that align with strategic intent.</li>
<li>Reduce territorial disputes between business functions.</li>
<li>Enhance skills in all areas of finance, accounting, and governance.</li>
<li>Lead the finance and accounting process.</li>
<li>Recognize increasing professionalism to address current and future challenges.</li>
</ul>
<h2>Targeted Competencies:</h2>
<ul>
<li>Utilizing financial information for guiding decisions.</li>
<li>Clarifying KPIs across different functions.</li>
<li>Incorporating strategic thinking and implementation in professional practice.</li>
<li>Challenging the status quo in finance/accounting, budgeting, and decision-making.</li>
<li>Acknowledging the importance of external standards, governance, and qualitative measurements.</li>
<li>Identifying Value Creation principles for decision-making.</li>
</ul>
<h2>Course Content:</h2>
<h3>Unit 1: Accounting: An Introduction</h3>
<ul>
<li>What is accounting?</li>
<li>What forms can accounting take?</li>
<li>Definition and importance of profit.</li>
<li>Decision scenarios explored.</li>
<li>Funding business operations.</li>
<li>Who is interested in profit?</li>
<li>Cash vs. accrual accounting.</li>
<li>Cash flow forecasting and improvement.</li>
<li>Companies choose accounting policies.</li>
<li>Accounting standards.</li>
</ul>
<h3>Unit 2: Financial Statements, Accounting Policies, and Reporting Standards</h3>
Income Statement – Basic Components:
<ul>
<li>Revenues and the questions.</li>
<li>Direct/variable/product costs.</li>
<li>Indirect/fixed/period costs.</li>
<li>Mixed costs.</li>
<li>Non-cash deductions: the what, the why, and the how.</li>
<li>Depreciation: various methods explored.</li>
<li>Amortization: impairment test.</li>
<li>Depletion: when and how.</li>
<li>The difference between profit and cash.</li>
<li>A closer look at costs and expenses.</li>
<li>Profit calculations.</li>
<li>Summarizing profit statements and extracting the key figures.</li>
</ul>
Balance Sheet:
<ul>
<li>Assets – current and long-term.</li>
<li>Liabilities – current and long-term.</li>
<li>Equity – components.</li>
<li>Capital employed - options.</li>
<li>Managing the working capital cycle.</li>
</ul>
Cash Flow Statement:
<ul>
<li>Operating sources/uses.</li>
<li>Investing sources/uses.</li>
<li>Financing sources/uses.</li>
</ul>
<h3>Unit 3: Making and Communicating Decisions Using Budgets</h3>
<ul>
<li>The master budget.</li>
<li>Budgeting is a planning tool, a control mechanism, a communications device, and value creation.</li>
<li>Budgeting Sales to "drive" the correct budget.</li>
<li>Operating budget components.</li>
<li>Financial budget.</li>
<li>Pro forma financial statements.</li>
<li>Cash budgets.</li>
<li>Capital budget.</li>
<li>Interrelationship of financial projections.</li>
<li>Dynamics and growth of the business system – a model review.</li>
<li>Flexible vs. traditional budgets – the pros and cons.</li>
<li>Variance analysis as a tool for improvement and communications.</li>
<li>Price and volume effects within variance analysis: State of the art.</li>
</ul>
<h3>Unit 4: Financial VS Management Accounting</h3>
<ul>
<li>Differences and similarities.</li>
<li>Objectives of managerial accounting.</li>
<li>Managerial versus financial accounting.</li>
<li>Role of the managerial accountant.</li>
<li>Financial accounting: what we show to the public.</li>
<li>Objectives of financial accounting.</li>
<li>Role of a financial accountant.</li>
<li>Cost terminology: variable, fixed, controllable, non-controllable, incremental, sunk, opportunity, and relevant.</li>
<li>Cost behaviors in cost-volume-profit scenarios: contribution margin and fixed costs.</li>
<li>Breakeven and targeted net income scenarios.</li>
<li>Cost/benefit analysis.</li>
</ul>
<h3>Unit 5: Ultimatum Goal of Planning – Valuation, Business Performance and Decision-Making:</h3>
<ul>
<li>Definitions of value.</li>
<li>Responsibility centers: cost, profit, and investment.</li>
<li>Measuring responsibility center performance.</li>
<li>Segment reporting internally and externally.</li>
<li>Business Valuation from multiple perspectives.</li>
<li>Managing for shareholder value.</li>
<li>Shareholder value creation in perspective.</li>
<li>Evolution of value-based methodologies in planning and budgeting.</li>
<li>Creating value in restructuring and combinations beyond planning and reporting- the case for real change!</li>
</ul>
<h3>Unit 6: What is Finance and Working Capital – Liquidity or Bankruptcy:</h3>
<ul>
<li>Finance is a numbers game.</li>
<li>Yet finance is more than the numbers.</li>
<li>The three major components of finance.</li>
<li>Working capital (WC) defined.</li>
<li>Relationship to current ratio.</li>
<li>Components of WC.</li>
<li>Inventory.</li>
<li>Accounts receivable.</li>
<li>Cash.</li>
<li>Accounts payable.</li>
<li>Notes payable.</li>
<li>The critical ratios to compute.</li>
<li>What should they be and why?</li>
<li>The questions to ask.</li>
<li>The answers you want.</li>
</ul>
<h3>Unit 7: Capital Structure – Its Significance and Impact:</h3>
<ul>
<li>Equity capital - what is it?</li>
<li>Equity capital – calculating its costs/required rate of return.</li>
<li>Debt capital – what is it?</li>
<li>Debt capital – calculating its costs/required rate of return.</li>
<li>Weighted Cost of Capital (WACC) – why is it so important?</li>
<li>Calculating your WACC.</li>
<li>When and how to use WACC?</li>
<li>Leverage: two-edged sword - defined.</li>
<li>Operating leverage - calculated.</li>
<li>Financial leverage - calculated.</li>
<li>Combined leverage – Wow! Look at the impact.</li>
</ul>
<h3>Unit 8: CAPEX - Analysis of Investment Decisions with What-if Risks:</h3>
<ul>
<li>Cash flows and the time value of money.</li>
<li>Discuss the capital project evaluation process.</li>
<li>Ideas for the future with a multiple-period horizon.</li>
<li>Estimating cash flows within the business system.</li>
<li>Net Present Value (NPV) and Internal Rate of Return (IRR) are preferred methods.</li>
<li>Profitability Index (PI) and Modified Internal Rate of Return (MIRR) are reasonable alternatives.</li>
<li>Defining the approval criteria and review process.</li>
<li>Post-implementation audits of capital projects.</li>
<li>Refinements of investment analysis.</li>
<li>Dealing with risk and changing circumstances – how do we explain?</li>
<li>Cost of capital and return standards.</li>
<li>Benchmarking discount and hurdle rates.</li>
</ul>
<h3>Unit 9: Risk Management as an integral part of Corporate Governance:</h3>
<ul>
<li>Understanding uncertainty and risk/opportunity.</li>
<li>Identifying strategic financial risks.</li>
<li>Identifying operational risks.</li>
<li>Identifying functional financial risks.</li>
<li>Assessing financial risks in each perspective.</li>
<li>Finding our risk profile (risk appetite).</li>
<li>Clarifying desired outcomes, expected outcomes, and actual outcomes.</li>
<li>Performance measures – the need for FRM/ERM.</li>
<li>Quantitative and qualitative risks.</li>
<li>Developing FRM/ERM strategy – do we need a CRO?</li>
<li>Other risk issues to be concerned with are joint ventures, alliances, product liability, environmental risks, outsourcing risks, growth risks, R&D risks, natural disasters, catastrophic risks, supply chain risks, reputation risks, and psychology of risk.</li>
</ul>
<h3>Unit 10: Corporate Governance:</h3>
<ul>
<li>What is corporate governance?</li>
<li>Corporate governance environment.</li>
<li>Relevance of corporate governance.</li>
<li>Perspectives on corporate governance.</li>
<li>Shareholders vs. stakeholders.</li>
<li>Voluntary vs. enforcement.</li>
<li>1-tier vs. 2-tier boards.</li>
<li>Chairman/CEO duality.</li>
<li>The independent director.</li>
<li>Corporate governance models.</li>
<li>Structure and practices.</li>
<li>Emerging trends in corporate governance.</li>
<li>Principal-agent theory and applications.</li>
<li>Independence vs. appearance.</li>
</ul>">

Lisbon (Portugal)

10 - 21 Aug 2026

9500 Euro

Kuala Lumpur (Malaysia)

Browse for more events...

Cost Management Techniques & Skills for Businesses and Industries - (FA 9370)

Introduction:</h2>
Cost management is an important topic in accounting and finance. Its effects extend to all departments and impact the organization's financial position. Cost management covers several concepts, such as job and batch orders and absorption costing.
Activity-based costing is the pinnacle of any cost management training, which helps make better decisions. These decisions include whether to drop or keep a product, make or buy, and replace or keep a piece of equipment. Moreover, cost management includes allocating the costs of service departments internally.
This cost management techniques and skills course also covers cost estimations and transfer pricing. It will conclude with an evaluation of performance and a brief discussion of the balanced scorecard and managing scarce resources.
<h2>Targeted Groups:</h2>
<ul>
<li>Financial Managers or Directors.</li>
<li>Accountants.</li>
<li>Financial Assistants.</li>
<li>Budget Accountants.</li>
<li>Analysts.</li>
<li>Budget and Planning Managers and Coordinators.</li>
<li>Operations Managers.</li>
<li>Facilities Managers and Professionals are interested in cost management.</li>
</ul>
<h2>Course Objectives:</h2>
Upon the end of this cost management techniques and skills course, the participants will be able to:
<ul>
<li>Discover the importance of analyzing and managing costs.</li>
<li>Develop important tools for planning and decision-making.</li>
<li>Explain Activity-Based Costing (ABC) and Activity-Based Management (ABM).</li>
<li>Estimate costs and allocate them properly.</li>
<li>Evaluate and manage performance through strategic cost management.</li>
</ul>
<h2>Targeted Competencies:</h2>
By the end of this cost management techniques and skills training, the target competencies will be able to improve:
<ul>
<li>Distinguishing relevant costs.</li>
<li>Analyzing costs.</li>
<li>Allocating costs.</li>
<li>Calculating product costs using different methods.</li>
<li>Assessing value-adding costs.</li>
<li>Choosing between cost alternatives.</li>
<li>Advising management to buy or manufacture.</li>
<li>Evaluating performance.</li>
</ul>
<h2>Cost Management Techniques and Skills for Businesses and Industries:</h2>
This cost management techniques and skills for businesses and industries course provides comprehensive training in cost management, offering a focused curriculum designed to enhance proficiency in business cost management.
This certificate course covers key concepts such as cost management skills definition, essential cost management techniques, and effective cost management tools and techniques used in contemporary business environments.
Participants will gain practical insights into BCM Business Cost Management strategies, enabling them to implement robust cost-control measures within their organizations. By completing this cost management training, individuals will acquire vital techniques and skills for optimizing financial resources and improving overall business performance.
<h2>Course Content:</h2>
<h3>Unit 1: Strategic Need for Analyzing and Managing Costs:</h3>
<ul>
<li>Definition of cost management.</li>
<li>Dimensions of cost management.</li>
<li>Product costing systems: concepts and design issues.</li>
<li>Cost behavior, types, and hierarchy.</li>
<li>Cost accumulation job shop.</li>
<li>Batch production operations.</li>
<li>Variable vs. absorption costing.</li>
</ul>
<h3>Unit 2: Cost Management Decisions:</h3>
<ul>
<li>Decision-making process.</li>
<li>Identifying relevant costs.</li>
<li>Evaluating alternatives.</li>
<li>Outsourcing decisions: make or buy.</li>
<li>Add or drop product or business line.</li>
<li>Replacing equipment.</li>
<li>Special order pricing decisions.</li>
</ul>
<h3>Unit 3: Activity-Based Management:</h3>
<ul>
<li>ABC systems.</li>
<li>Analyzing Value-added vs. non-value-added activities.</li>
<li>Activity-based management.</li>
<li>Managing customer profitability.</li>
<li>Managing quality and time to create value.</li>
</ul>
<h3>Unit 4: Cost Estimation and Transfer Pricing:</h3>
<ul>
<li>Cost estimation techniques.</li>
<li>Identifying and choosing a cost driver.</li>
<li>Simple regression analysis.</li>
<li>Multiple regression analysis.</li>
<li>High-low method.</li>
<li>Applications in Microsoft Excel.</li>
<li>Allocating costs of support departments.</li>
<li>Direct method.</li>
<li>Step Method.</li>
<li>Reciprocal method.</li>
<li>Inter-group transfer pricing issues.</li>
</ul>
<h3>Unit 5: Evaluating and Managing Performance:</h3>
<ul>
<li>Cost, volume, and profit analysis.</li>
<li>Break Even point.</li>
<li>The breakeven point for multiple products.</li>
<li>Target income.</li>
<li>Operating leverage.</li>
<li>Margin of safety.</li>
<li>Managing scarce resources.</li>
<li>Flexible budget.</li>
<li>Activity-based budgeting.</li>
<li>Strategy, balanced scorecards, and performance measurement.</li>
</ul>
<h2>Conclusion:</h2>
The cost management techniques and skills for businesses and industries course equips participants with a solid foundation in cost management. This comprehensive cost management certificate course covers essential skills and techniques, clearly defining cost management within business operations.
Participants gain practical insights into BCM Business Cost Management strategies and a diverse toolkit of cost management tools and techniques. By completing this cost management training, individuals are well-prepared to apply effective cost management practices in their professional roles, optimizing business operations and fostering financial sustainability.">

Browse for more events...

Business Intelligence & Analytics for Finance Professionals Training - (FA 15054)

Introduction:</h2>
This business intelligence and analytics course will highlight how, in a world where firms face intense competition for customers and investors, the key challenge for today's finance professionals is to step up and support the value-creation process by moving from a narrow reporting role to embrace and exploit the full opportunities provided by today's Business Intelligence (BI) and Business Analytics (BA) systems.
This business intelligence and analytics training will focus on the tools and techniques used by world-class finance functions to provide the critical business insights C-Suite executives need for effective data-driven decision management.
<h2>Financial Decision-Making with BI & BA Solutions:</h2>
Developing financially savvy decision-making strategies in the competitive landscape of modern business requires harnessing the power of business intelligence and analytics solutions.
This business intelligence and analytics training module will delve into the complex world of BI & BA, teaching finance professionals how to utilize advanced analytics for robust financial modeling and decision support.
<h2>Targeted Groups:</h2>
<ul>
<li>Finance Professionals across the organization.</li>
<li>Head Office Planning Managers.</li>
<li>Budgeting and Forecasting Teams.</li>
<li>Commercial Managers.</li>
<li>Finance Strategic Business Partners.</li>
</ul>
<h2>Course Objectives:</h2>
At the end of this business intelligence and analytics course, the participants will be able to:
<ul>
<li>Frame financial insights in the context of business process improvement.</li>
<li>Exploit the tools of Business Intelligence and Analytics systems.</li>
<li>Develop financial and non-financial key performance measures.</li>
<li>Apply the tools and techniques of predictive analytics.</li>
<li>Design powerful graphics for data visualization and infographics.</li>
</ul>
<h2>Targeted Competencies:</h2>
At the end of this business intelligence and analytics training, the participant's competencies will:
<ul>
<li>The Vital Role of the 21st Century Finance Function.</li>
<li>How Finance Professionals can fully exploit BI and BA tools.</li>
<li>Using BI and BA to improve business processes and performance.</li>
<li>Principles and Practice in Statistical Analysis and Forecasting.</li>
<li>Practical Skills in Data Visualisation and Infographics.</li>
<li>Applying Agile Methods to BI and BA Systems Development.</li>
</ul>
<h2>Course Content:</h2>
<h3>Unit 1: Understanding Business Models and Business Processes:</h3>
<ul>
<li>Creating Value for Key Organizational Stakeholders.</li>
<li>The Role of the 21st Century Finance Professional.</li>
<li>Business Models and Business Processes.</li>
<li>Business Process Improvement and Reengineering.</li>
<li>Introduction to Business Intelligence and Business Analytics.</li>
<li>Introduction to Data-Driven Decision Management (DDDM).</li>
<li>Key Financial Measures and Shareholder Value Drivers.</li>
<li>Key Success Factors and Key Performance Measures.</li>
</ul>
<h3>Unit 2: Purpose and Principles of Business Intelligence and Business Analytics:</h3>
<ul>
<li>Implementing a Business Performance Management Framework.</li>
<li>The Definition and Purpose of Business Intelligence (BI).</li>
<li>History and Development.</li>
<li>Features Tools and Terminology of BI Systems.</li>
<li>The Definition and Aims of Business Analytics (BA).</li>
<li>Understanding Descriptive and Predictive Analytics.</li>
<li>Sources and Types of BI and BA Tools.</li>
</ul>
<h3>Unit 3: Principles of Statistical and Predictive Analytics:</h3>
<ul>
<li>Defining Statistical, Descriptive, and Predictive Analytics.</li>
<li>Business Database Features and Design.</li>
<li>Principles of Distribution and Probability Theory.</li>
<li>Time Series Data Analysis.</li>
<li>Trend Analysis and Forecasting using Moving Averages.</li>
<li>Trend Analysis and Forecasting using Linear Regression.</li>
<li>Analysis and Forecasting with Monte Carlo Simulation in Excel.</li>
<li>Predictive Analytics using what-if Forecasts.</li>
</ul>
<h3>Unit 4: Data Visualisation and Infographics for Finance Professionals:</h3>
<ul>
<li>Defining Data, Information, and Insight.</li>
<li>Comparing Data Visualisation and Infographics.</li>
<li>Using Charts and Graphics for Data Visualization.</li>
<li>Designing Visuals and Infographics for Non-financial Users.</li>
<li>Using Excel and PowerPoint for Data Visualisation.</li>
<li>Designing and Using Scorecards and Dashboards.</li>
<li>Practical Tips for Building Dashboards and Dashboards in Excel.</li>
</ul>
<h3>Unit 5: BI / BA – Implementing Systems and Managing Change:</h3>
<ul>
<li>An Agile Approach to Systems Development.</li>
<li>Practical Steps in Agile BI / BA Systems Design and Implementation.</li>
<li>The Importance of Urgency.</li>
<li>Effective Steps to Achieving Change.</li>
<li>Overcoming Resistance to Change.</li>
</ul>
<h2>Conclusion:</h2>
Participants who complete this business intelligence and analytics course are poised to achieve a business intelligence and analytics certificate, priming them to revolutionize their stead within organizations through optimized use of business intelligence analytics tools and methodologies.">

Sharm El-Sheikh (Egypt)

Amsterdam (Netherlands)

17 - 21 Aug 2026

5600 Euro

Browse for more events...

Financial Crime Prevention and AML Training Course - (FA 15098)

Introduction:</h2>
This AML and financial crime prevention course is designed to develop the essential skills necessary to enable you to understand how to support your company in anti-money laundering (AML) and countering terrorist finance, as well as how to prevent, detect, and report money laundering activities.
It covers the regulatory environment and focuses on the importance of Know Your Customer (KYC), Customer Due Diligence (CDD), sanctions monitoring, and the role of the Money Laundering Reporting Officer in practical terms. You will learn about studying the AML risks involved in emerging industry sectors.
This AML and financial crime prevention course is an intensive and highly practical training program that qualifies you to become proficient in the Anti-Money Laundering process and the laws that make it a crime. It will raise awareness of financial crime risks, global laws and regulations, laws and regulations applicable to your jurisdiction, and the systems and controls to detect and prevent financial criminal acts.
This AML and financial crime prevention training also covers several topics regarding the nature of the services and products offered by the financial services industry (namely, managing, controlling, and possessing money and property belonging to others), which makes it vulnerable to abuse by money launderers, the aspects of money laundering, and initiatives undertaken to combat terrorism, including regulations that govern financial institutions.
<h2>Targeted Groups:</h2>
<ul>
<li>Staff with specific anti-money laundering duties.</li>
<li>Anti-Money Laundering (AML)/Compliance Professionals.</li>
<li>Senior Management.</li>
<li>All Staff working in financial services who want an introduction to anti-money laundering.</li>
<li>Anyone working within the regulated financial sectors or has a career in anti-money laundering or fraud prevention.</li>
<li>Consultants.</li>
<li>Treasury Managers.</li>
<li>Auditors.</li>
<li>Lawyers.</li>
<li>Regulator or Advisor of Product/Services.</li>
<li>Credit Managers.</li>
</ul>
<h2>Course Objectives</h2>
At the end of this AML and financial crime prevention course, participants will be able to:
<ul>
<li>Understand the process of Money Laundering.</li>
<li>Learn about Regulations applicable to firms/banks.</li>
<li>Understand FATF roles in Anti-Money Laundering.</li>
<li>Know the penalties for non-compliance with AML legislation.</li>
<li>Learn how Anti-Money Laundering and Countering Terrorist Financing (CTF) might prevent it.</li>
<li>Understand how to define how a Firm / Bank and its Staff should protect themselves against the risks of Money Laundering and Terrorist Financing.</li>
<li>Know the due diligence measures to deter money laundering and terrorist financing.</li>
<li>Understand that The “red flags” might help you to identify, prevent, and report any (suspicious or actual) criminal activity.</li>
<li>Understand the implications of offshore financial centers on ML.</li>
</ul>
<h2>Targeted Competencies:</h2>
By the end of this AML and financial crime prevention training, target competencies will be able to:
<ul>
<li>Understand Money Laundering, Terrorist Financing, and Sanctions.</li>
<li>Explore the vulnerabilities of financial institutions in money laundering and terrorist financing.</li>
<li>Learn about anti-money laundering and combating terrorist financing, as well as legal and regulatory structures.</li>
<li>Manage obligations and the risk-based approach to money laundering and terrorist financing.</li>
<li>Explain greater awareness of industry practices, problems, and solutions.</li>
<li>Increase understanding and assurance in completing tasks successfully.</li>
<li>Increase self-confidence and motivation at work.</li>
<li>Learn greater job satisfaction by providing quality support to management.</li>
<li>Greater ability to supervise, develop, and motivate colleagues.</li>
<li>Understand the structure of the Anti-Money Laundering (AML)/Countering Terrorist Financing (CTF) regime in your jurisdiction.</li>
<li>You fit into the Anti-Money Laundering (AML) / Countering Terrorist Financing (CTF) regime.</li>
<li>Designate remittance service arrangements and correspondent banking.</li>
<li>Report certain transactions and record-keeping.</li>
<li>Know the consequences of not complying with your obligations.</li>
</ul>
<h2>What is AML and the Financial Crime Prevention Framework?:</h2>
Financial crime prevention is a critical aspect of a robust AML strategy. Participants in this course will gain an understanding of the financial crime prevention framework, which incorporates prevention of financial crime and financial crime prevention training. Through this course, you can also work towards achieving a professional certificate in financial crime prevention, enhancing your qualifications in this vital area of finance.
For those asking what AML training is or looking to understand its meaning, this training provides in-depth insights, clarifying what AML is, the process, and its importance. An AML training course like this not only equips you with valuable knowledge but also leads you toward obtaining an AML certificate, which signifies your expertise in the field.
<h2>Course Content:</h2>
<h3>Unit 1: Anti-Money Laundering (AML) and Countering Terrorist Financing (CTF):</h3>
<ul>
<li>Why the Current Focus on Anti-Money Laundering (AML)/Countering Terrorist Financing (CTF)?</li>
<li>Money Laundering and the Financing of Terrorism Definitions.</li>
<li>Differences and Similarities between Money Laundering and Terrorist Financing.</li>
<li>Key Stages of Money Laundering.</li>
<li>Typologies and Techniques of Money Laundering.</li>
<li>Indicators of Money Laundering.</li>
<li>Products and Services Vulnerable to Money Laundering or Terrorism Financing.</li>
<li>Money Laundering Trends in (Jurisdiction).</li>
</ul>
<h3>Unit 2: The International Organizations of Anti-Money Laundering (AML)/Countering Terrorist Financing (CTF):</h3>
<ul>
<li>Explore the International bodies’ response to Anti-Money Laundering (AML) and Countering Terrorist Financing (CTF).</li>
<li>The International Measures to Prevent Money Laundering and Financing of Terrorism.</li>
<li>The Complex and Interrelated Risks Concerning Money Laundering and Sanctions.</li>
<li>FATF and Its Roles in Anti-Money Laundering (AML).</li>
<li>Customer Policies and Procedures.</li>
<li>International Legislation and Legislation Applicable to Your Jurisdiction.</li>
<li>The Wider Context for Financial Crime Risk and Regulation in which Your Firm Operates.</li>
<li>What are the Roles and Responsibilities of the front/Back Office/AML/Compliance Officer), and How do these fit within the financial crime risk-management life cycle?</li>
</ul>
<h3>Unit 3: Compliance Strategies:</h3>
<ul>
<li>Jurisdiction Anti-Money Laundering (AML) and Countering Terrorist Financing (CTF).</li>
<li>Laws and Regulations.</li>
<li>The Requirements for Robust Anti-Money Laundering Operations, Internal Controls, Procedures and Policies.</li>
<li>Cooperation with the Authorities and the Regulators.</li>
<li>Know Your Customer (KYC) and ID&V Rules.</li>
<li>Tipping-off.</li>
<li>Market Abuse and Insider Dealing.</li>
<li>Client Relations and Human Resources Strategies.</li>
<li>The Relevant Laws and Regulations in Your Jurisdiction, The International Standards and The Role of Law Enforcement.</li>
</ul>
<h3>Unit 4: Recognizing and Reporting Suspicious Transactions:</h3>
<ul>
<li>Statutory Obligations.</li>
<li>Identifying Suspicious Transactions.</li>
<li>Internal and External Reporting of Suspicious Transactions.</li>
<li>Identifying High-risk Indicators - Understand what to do with the information and whom to escalate it to.</li>
<li>The Role of the MLRO.</li>
<li>The Importance of Record Keeping.</li>
<li>Responsibilities of Firms/Banks and Individuals.</li>
<li>Setting up Monitoring Procedures.</li>
</ul>
<h3>Unit 5: Money Laundering Detection Techniques:</h3>
<ul>
<li>Prevention, Detection, and Due Diligence.</li>
<li>Early-warning mechanisms.</li>
<li>Designing Money Laundering and Terrorist Financing Risk Assessments.</li>
<li>Applying to Know Your Customer (KYC) and Customer Due Diligence (CDD).</li>
<li>Risk Management of Politically Exposed Persons (PEPs).</li>
<li>Screening.</li>
<li>Best Practices Applicable to Firms/Banks.</li>
<li>Sanctions.</li>
</ul>">

Sharm El-Sheikh (Egypt)

Browse for more events...

Fraud Risk Management Training Course - (FA 15099)

Introduction:</h2>
In the ever-changing business environment, encountering risk is inevitable. The ability to manage these increasingly significant risks now represents the difference between a thriving organization and one struggling to deal with its challenges.
Participants in this fraud risk management course will deal with these challenges, which require extensive knowledge of risk management, effective internal control, and proactive fraud prevention techniques.
This fraud risk management training course will enable you to develop and deliver a systematic plan to strengthen your risk management, fraud prevention, and internal control environment.
To conclude, embracing a robust fraud and risk management program is not optional but critical for organizations aiming to navigate modern business threats and maintain a competitive edge. This course provides the knowledge and skills to construct and implement an effective fraud risk management framework tailored to your organization's requirements.
<h2>Why is Fraud Risk Management Important?:</h2>
Fraud risk management is crucial because it safeguards an organization's resources, reputation, and compliance with regulatory requirements. By implementing robust fraud risk management strategies, businesses can detect, prevent, and respond effectively to fraudulent activities, thereby preserving stakeholder trust and ensuring long-term success.
<h2>What is Fraud Risk Management?:</h2>
Fraud risk management refers to an organization's comprehensive processes and principles for identifying, assessing, controlling, and preventing fraud. It encompasses a strategic framework designed to minimize the potential impact of fraud on an organization.
<h2>Targeted Groups:</h2>
<ul>
<li>Risk Managers.</li>
<li>Business Manager's inline functions.</li>
<li>Audit Managers and other auditors.</li>
<li>Quality Assurance Professionals.</li>
<li>Managers need a broader understanding of risk and internal control.</li>
</ul>
<h2>Course Objectives:</h2>
At the end of this fraud risk management course, the participants will be able to:
<ul>
<li>Ensure your organization has an effective balance between risk and internal control.</li>
<li>Explain to management the benefits of an enterprise-wide risk and internal control approach.</li>
<li>Apply the different techniques for identifying and managing risks.</li>
<li>Ensure that preventative, detective, and corrective controls are in place.</li>
<li>Link risk management and internal control into the business planning process.</li>
<li>Implement an effective fraud prevention process.</li>
<li>Promote a culture of integrity and ethics across the organization.</li>
</ul>
<h2>Targeted Competencies:</h2>
By the end of this fraud risk management training, the participant's competencies will:
<ul>
<li>The power of an integrated approach to risk management and internal control.</li>
<li>A proven approach to grab management's attention regarding risk and control.</li>
<li>A simple method to reduce unnecessary controls.</li>
<li>How do you develop an effective fraud prevention strategy?</li>
</ul>
<h2>Course Content:</h2>
<h3>Unit 1: The Power of Effective Risk Management:</h3>
<ul>
<li>The Importance of Managing Risks Efficiently and Effectively.</li>
<li>The Need to Embed the Risk Management Process.</li>
<li>The Key Link between Risk and Objectives.</li>
<li>Risk Measurement Techniques.</li>
<li>Selling the Benefits.</li>
<li>Ensuring an Effective Balance between Risk and Control.</li>
<li>ISO 31000 Risk Standard.</li>
<li>What is risk appetite, and what is the least well-understood aspect of risk?</li>
</ul>
<h3>Unit 2: Effectively Managing the Risk Process:</h3>
<ul>
<li>Risk Mitigation Processes.</li>
<li>What is The Risk Register, and How to Simplify and optimize their value?</li>
<li>Identification of Risk Exposures and The 4 T's.</li>
<li>Develop Action Plans and Improvement Opportunities.</li>
<li>Deal with Over-managed Risks.</li>
<li>Link the Output to the Business Planning Process.</li>
<li>Reputation Risk Management.</li>
<li>Engaging Stakeholders in the Process.</li>
</ul>
<h3>Unit 3: The Internal Control Environment:</h3>
<ul>
<li>The Need to See Internal Control as a Positive Process.</li>
<li>The Pressure on Internal Controls Due to Leaner Business Structures.</li>
<li>The COSO Internal Control-Integrated Framework.</li>
<li>The 3 Types of Control are Preventative, Detective, and Corrective.</li>
<li>How to Get Senior Management to Take Internal Control Seriously?</li>
<li>Compliance with Procedures and Policies.</li>
<li>The Constantly Changing Regulatory Requirements.</li>
</ul>
<h3>Unit 4: The Key Pressures on the Internal Control Processes:</h3>
<ul>
<li>The Changing World Economy and the Impact on Controls.</li>
<li>The Ongoing Evaluation of the Control Environment.</li>
<li>Information Security.</li>
<li>Control over Technology.</li>
<li>Systems Development and the Risk to Internal Controls.</li>
<li>Internal and External Communications - and the Control Impact.</li>
<li>The Need for Internal Controls Procedures to Be Kept Up-to-date.</li>
</ul>
<h3>Unit 5: Proactive Fraud Prevention:</h3>
<ul>
<li>Why may internal controls not protect you against fraud?</li>
<li>How to Implement a Best Practice Fraud Prevention Process?</li>
<li>Evaluate the Fraud Risks.</li>
<li>Develop a Fraud Consciousness Loop.</li>
<li>The Anti-fraud Policy.</li>
<li>Recognize the Patterns of Fraudulent Behavior.</li>
<li>Promote Integrity and Ethics Across the Organisation.</li>
</ul>
<h2>Conclusion:</h2>
Upon completing the Fraud Risk Management course, participants may seek to acquire a fraud risk management certification, which formally recognizes their expertise in fraud prevention, detection, and management strategies.">

Browse for more events...

Financial Crime Investigation Training Course - (FA 15101)

Introduction:</h2>
This financial crime investigation course is for those who wish to learn about the most common white-collar crime in business fraud. Fraud encompasses the fraud triangle of opportunity, rationalization, and pressure, which includes many human psychological components.
This financial crime investigation training will dive deep into the why, the how, and the who as we discuss what the typical fraudster 'looks like' and why they decide to perpetrate a crime against a company. Upon studying how white-collar criminals do their work, the course reviews, with real examples, how companies combat fraud in preventive and detective ways.
Further, we explore some of the more common types of fraud discovery, including the use of big data and analytics tools, through case studies. Finally, we look at ways internal controls can help or hinder fraud prevention via hands-on exercises where you design the fraud control. Learn about how to protect your company's assets against white-collar crime!
<h2>Becoming a Financial Crime Investigator:</h2>
In this financial crime investigation course, participants will learn financial crime investigators' essential roles and responsibilities. Understanding what is a financial crime investigation is crucial in identifying and mitigating fraud risks.
Learn the requisite financial crime investigator qualifications and explore how to undertake a thorough financial crime investigation process. This financial crime investigation course provides a foundational stepping stone to obtaining a certificate in financial crime investigation or even certification in financial crime investigation.
<h2>Targeted Groups:</h2>
<ul>
<li>Middle-level and Upper Management within small, medium, and large companies or organizations.</li>
<li>Internal Auditors.</li>
<li>Compliance/Security Officers and Staff.</li>
<li>Front-line Staff at any organization.</li>
</ul>
<h2>Course Objectives:</h2>
By the end of this financial crime investigation course, participants will be able to:
<ul>
<li>Identify the signs of possible fraud within the workplace.</li>
<li>Select the appropriate audit procedures for conducting a fraud audit.</li>
<li>Select and explain the areas of risk and exposure to fraud in a company situation.</li>
<li>Describe the various remedies available to those who suffer a loss through fraud.</li>
<li>Utilize cutting-edge tools in fraud discovery and prevention.</li>
</ul>
<h2>Targeted Competencies:</h2>
At the end of this financial crime investigation training, participants competencies will:
<ul>
<li>The History and Psychology of Fraud in the Workplace.</li>
<li>Key Traits and Triggers that may suggest fraud is or could take Place.</li>
<li>Internal Controls Discussions that, if absent, can open the door to white-collar crime.</li>
<li>Preventive and Detective Controls that Combat Fraudulent Behaviors.</li>
</ul>
<h2>Course Content:</h2>
<h3>Unit 1: Self-Awareness and Identification:</h3>
<ul>
<li>Understand the Nature of Fraud.</li>
<li>Reflect on Why People Commit Fraud.</li>
<li>Study the Fraud Triangle.</li>
<li>Reviewing financial and personal vices leads to fraudulent behavior.</li>
<li>Profiling a Fraudster.</li>
</ul>
<h3>Unit 2: Beginning to Identify and Detect:</h3>
<ul>
<li>Understand Fraud Measures in Your Organizations.</li>
<li>Discuss How Companies Fight Fraud Today.</li>
<li>Consider the Gaps in the Internal Control Structure.</li>
<li>Identify Preventive Fraud Controls.</li>
<li>Identify Detective Fraud Controls.</li>
</ul>
<h3>Unit 3: Reporting and Investigating:</h3>
<ul>
<li>Recognize the Symptoms of Fraud.</li>
<li>Appreciate whistle-blowing within Organizations.</li>
<li>Follow up on Fraud Reports by Whistle-blowers.</li>
<li>Investigate Purported Fraud.</li>
<li>Use Data-driven Fraud Analysis Techniques (Introduction).</li>
</ul>
<h3>Unit 4: Data-Driven Analysis:</h3>
<ul>
<li>Use Data-driven Fraud Analysis Techniques.</li>
<li>Use Data-mining Software and Procedures.</li>
<li>Grind through the Data and Discover the Gold Nuggets.</li>
<li>Investigate Theft Acts.</li>
<li>Investigate and Determine if Concealment Has Taken Place.</li>
</ul>
<h3>Unit 5: Interview and the Specifics of Financial Statement Issues:</h3>
<ul>
<li>Inquire Methods and Fraud Reports.</li>
<li>Interview Techniques and Tricks.</li>
<li>Understand Financial Statement Fraud.</li>
<li>Understand Revenue/Inventory-related Fraud.</li>
<li>Explore and Understand Other Types of Fraud.</li>
<li>Understand Consumer Fraud.</li>
</ul>">

Browse for more events...

Mini Master: Accounting & Finance (Certified) - (FA 15113)

Introduction:</h2>
This mini master in accounting and finance training course offers an in-depth overview of the accounting and finance world and emphasizes the internal workings of the finance/control function as it communicates with external and internal constituencies to provide information for decision-making under uncertainty.
Participants in this accounting and finance certificate course will be equipped with essential financial tools and their applications to yield meaningful results. This course also offers insights into financial statement interpretation, data analysis, planning, and control mechanisms, all essential in the master finance and accounting fields.
This accounting and finance training course presents the essential financial tools generally used and explains the broader context of how and where they are applied to obtain meaningful answers. It's a conceptual backdrop for strategic business management's financial/economic dimensions, understanding the nature of financial statements, analyzing data, planning, and controlling.
<h2>Understanding Accounting and Finance Training:</h2>
The Certified Mini Master in Accounting and Finance course overviews the significant advancements and skills acquired through this training. This accounting and finance certificate course has equipped participants with the knowledge and practical expertise necessary to excel in the accounting and finance industry.
The accounting and finance course description highlights the rigorous curriculum designed to master accounting and finance principles, preparing participants for the complexities of the financial world. This accounting and finance certification is a testament to the learner's dedication and proficiency in the field.
It's a highly regarded accounting and finance program that offers a robust foundation for understanding accounting and finance definitions. By completing this accounting and finance certificate program, participants gain a solid grasp of financial management, strategic planning, and analytical skills, essential for any professional seeking to master finance and accounting.
<h2>Targeted Groups:</h2>
<ul>
<li>Financial Analysts.</li>
<li>Financial Controllers.</li>
<li>Accountants.</li>
<li>Treasurers.</li>
<li>Corporate Planning.</li>
<li>Members of the Operational Management Team.</li>
<li>Consultants provide advice on operations or strategy.</li>
<li>Managers are responsible for controlling risk.</li>
<li>Managers are responsible for divisional performance.</li>
<li>Senior Staff members are in any department.</li>
</ul>
<h2>Course Objectives:</h2>
At the end of this accounting and finance certificate course, the participants will be able to:
<ul>
<li>Identify and criticize specific concepts, rules, and procedures that are in place for corporate financial reporting.</li>
<li>Integrate risk management and corporate governance.</li>
<li>Understand the content of and relationships between financial statements.</li>
<li>Know how to use financial statements to evaluate an organization's economic performance.</li>
<li>Understand the budgeting process, including performance evaluation.</li>
<li>Understand cost behavior and its impact on management decisions.</li>
<li>Learn how to communicate and question financial information effectively.</li>
<li>Improve appreciation for the finance/accounting/governance approach.</li>
<li>Integrate business plans and strategic intent.</li>
<li>Get higher productivity during the decision-making process.</li>
<li>Increase the professionalism in dealing with the current and future topics.</li>
<li>Increase the organization's recognition of their learning and professional commitment.</li>
</ul>
<h2>Targeted Competencies:</h2>
By the end of this accounting and finance certificate program, the participant's competencies will be able to:
<ul>
<li>Use financial information for guiding decisions.</li>
<li>Build strategic thinking and implementation orientation into their professional lives.</li>
<li>Challenge the status quo of finance/accounting, budgeting, and decision-making.</li>
<li>Recognize the value of external standards, governance requirements, and measurements of qualitative elements.</li>
<li>Identify Value Creation principles as the driving force for decision-making.</li>
<li>Financial risk management.</li>
</ul>
<h2>Course Content:</h2>
<h3>Unit 1: Financial Statement Analysis:</h3>
<ul>
<li>Welcome, Introduce, and introduce session aims and objectives.</li>
<li>Main Financial Statement Analysis outlines.</li>
<li>Explore external and internal uses of statement analysis.</li>
<li>Explain primary types of financial statements (starting with the case study, Basket Wonders CO., as an example).</li>
<li>Framework for Financial Analysis.</li>
<li>Know the liquidity Ratios (comparisons, trend analysis, summary of report).</li>
<li>Understand Financial Leverage Ratios (comparisons, trend analysis, summary of report).</li>
<li>Coverage ratios.</li>
<li>Activity Ratios (Comparisons and Trend Analysis).</li>
<li>Know the profitability Ratios (comparisons, trend analysis, return on investment, DuPont Approach, and report summary).</li>
<li>Summary of Ratio Analysis.</li>
<li>Common-size Analysis.</li>
<li>Index Analysis.</li>
<li>Know the financial risk prediction (DuPont, Altman Z-score, and Basel approach).</li>
<li>Questions.</li>
<li>Answers.</li>
<li>Housekeeping.</li>
</ul>
<h3>Unit 2: Cost Control (Cost Behavior):</h3>
<ul>
<li>Overview of a quick review of the last session.</li>
<li>Housekeeping solution.</li>
<li>Identify and give examples of each of the three basic manufacturing cost categories.</li>
<li>Distinguish between product costs and period costs and give examples of each.</li>
<li>Understand cost behavior patterns, including variable, fixed, and mixed costs.</li>
<li>Analyze a mixed cost using a scatter graph plot and the high-low method.</li>
<li>Prepare income statements for a merchandising company using the traditional and contribution formats.</li>
<li>Understand the differences between direct and indirect costs.</li>
<li>Understand cost classifications used in making decisions: differential, opportunity, and sunk costs.</li>
<li>Basics of Cost-Volume-Profit Analysis.</li>
<li>The Contribution Approach.</li>
<li>CVP Relationships in Equation Form.</li>
<li>Sales at breakeven.</li>
<li>Exercise.</li>
<li>Solution.</li>
<li>Questions and answers.</li>
<li>Housekeeping.</li>
</ul>
<h3>Unit 3: Cost Control (Inventory):</h3>
<ul>
<li>Overview of a quick review of the last session.</li>
<li>The solution of housekeeping.</li>
<li>Defining Inventory.</li>
<li>How do you account for inventory purchases, sales, and reporting?</li>
<li>Inventory Systems (Perpetual and Periodic Inventory Systems).</li>
<li>Perpetual Inventory System.</li>
<li>Cost Flow Assumptions.</li>
<li>Exercise: J. E. for Perpetual (FIFO), J. E. for Perpetual (LIFO), J. E. for Perpetual (Weighted-Average Method), the Accounts of CGS at the End of Period, adjustments (lost unit, LCM Valuation).</li>
<li>Periodic Inventory System.</li>
<li>Exercise: J. E. for Periodic (FIFO), J. E. for Periodic (LIFO), J. E. for Periodic (Weighted-Average Method), the Accounts of CGS at the End of Period, adjustments (lost unit, LCM Valuation).</li>
<li>Understand the comparison of FIFO vs. LIFO (advantages and disadvantages).</li>
<li>Cost entries (raw Materials, labor Costs, various Indirect Product Costs, overhead to Goods in Process, Transfer Completed Goods in Process to Finished Goods, Sell Finished Goods, over- or Under-Applied Overhead).</li>
<li>Exercise about cost entries.</li>
<li>Cost center accounting.</li>
<li>Exercise and solution.</li>
<li>Questions and answers.</li>
<li>Housekeeping.</li>
</ul>
<h3>Unit 4: Budgeting:</h3>
<ul>
<li>Overview of a quick review of the last session.</li>
<li>The solution of housekeeping.</li>
<li>Understand why organizations budget and the processes they use to create budgets.</li>
<li>Starting with Exercise: Prepare a sales budget, including a schedule of expected cash collections.</li>
<li>Prepare a production budget.</li>
<li>Prepare a direct materials budget, including a schedule of expected cash disbursements for purchases of materials.</li>
<li>Prepare a direct labor budget.</li>
<li>Prepare a manufacturing overhead budget.</li>
<li>How do you Prepare a selling and administrative expense budget?</li>
<li>How do you prepare a cash budget?</li>
<li>Prepare a budgeted income statement.</li>
<li>Prepare a budgeted balance sheet.</li>
<li>Questions and answers.</li>
<li>Housekeeping.</li>
</ul>
<h3>Unit 5: Flexible Budgets and Variances Analysis:</h3>
<ul>
<li>Overview of a quick review of the last session.</li>
<li>The solution of housekeeping.</li>
<li>Standard costs.</li>
<li>Variance Analysis Cycle.</li>
<li>Setting Standard Costs (Direct Materials, Direct Labor, Variable Manufacturing Overhead).</li>
<li>The Standard Cost Card.</li>
<li>Using Standards in Flexible Budgets.</li>
<li>A General Model for Variance Analysis.</li>
<li>Compute the direct materials quantity and price variances and explain their significance.</li>
<li>Quick check.</li>
<li>Compute the direct labor efficiency and rate variances and explain their importance.</li>
<li>Compute the variable manufacturing overhead efficiency and rate variances and explain their significance.</li>
<li>Quick check.</li>
<li>What material variances are? An important subtlety.</li>
<li>Variance Analysis and Management by Exception.</li>
<li>A Statistical Control Chart.</li>
<li>Advantages and Disadvantages of Standard Costs.</li>
<li>Plan Budgets and Performance Evaluations with exercise and preparing a Flexible Budget.</li>
<li>Questions and answers.</li>
<li>Overview of a quick review of session 5 and answering questions about this course.</li>
<li>Close the session by thanking the participants, granting certificates, and congratulating them.</li>
</ul>
<h2>Conclusion:</h2>
This accounting and finance certificate enhances professional credibility and opens up numerous opportunities within the industry.
The Certified Mini Master in Accounting and Finance course is invaluable for those aspiring to excel and achieve career recognition.">

Browse for more events...

Budgeting, Planning & Contracting Management Training - (FA 15174)

Introduction:</h2>
This budgeting, planning, and contracting management seminar provides the skills to build world-class standards into your budgeting, planning, management, and reporting systems. It will discuss innovative techniques that complement traditional financial planning tools and introduce new concepts for measuring and reporting performance and shareholder wealth creation.
This budgeting, planning, and contracting management course delves into risk management budget planning, addressing issues related to capital budgeting, and covers a wide range of topics, including manufacturing costs, profit objectives, cash requirements forecasting, and more.
The second week of this budgeting, planning, and contracting management course aims to endow participants with the knowledge, skills, and tools required to manage contracts effectively throughout their lifecycle.
This budgeting, planning, and contracting management training includes methodologies for managing activities and best practices in contracting management. The course is designed to provide robust insights into contract preparation, contract award, and contract administration.
<h2>What Is Budget Planning in Project Management?</h2>
Budget planning is an essential skill in project management. It helps determine how resources should be allocated to achieve project goals. It involves estimating project costs, setting a budget, and monitoring expenditures to ensure the project stays on financial track.
<h2>Targeted Groups:</h2>
<ul>
<li>Financial Planners.</li>
<li>Cost Analysts.</li>
<li>Professional Advisers.</li>
<li>Account Personnel.</li>
<li>Business Consultants.</li>
<li>Professionals require a more in-depth understanding of integrated planning and budgeting techniques.</li>
<li>Accountants are responsible for budget preparation and management reporting.</li>
<li>Those are involved in preparing, managing, or administering contracts.</li>
</ul>
<h2>Course Objectives:</h2>
Participants in this budgeting, planning, and contracting management course will:
<ul>
<li>Build integrated planning, budgeting, and reporting processes.</li>
<li>Improve their budgeting/financial skills, which is required for better decision-making.</li>
<li>Understand cost behavior more accurately.</li>
<li>Deliver more timely and useful information to decision-makers.</li>
<li>Explain typical costing and budgeting terminology used in business.</li>
<li>Improve their management abilities.</li>
<li>Increase their understanding of forecasting and budgeting techniques.</li>
<li>Understand the problems of overheads and how Activity-Based Analysis may aid decision-making and pricing strategies.</li>
<li>Contribute to the implementation of change in the organization.</li>
<li>Facilitate the elimination of non-value activities and the reduction of costs within your organization.</li>
<li>Understand cost behavior and patterns.</li>
<li>Ensure that business planning, budgeting, and management reporting processes are robust in themselves and suitable for their organization.</li>
<li>Identify principles, definitions, and major steps involved in the contracting process.</li>
<li>Outline all contract preparation activities, including planning, developing the scope of work, and identifying sourcing options.</li>
<li>Recognize different types of contracts and the effect of each type on the risk allocation strategy.</li>
<li>Develop criteria to invite, receive, and evaluate bids.</li>
<li>Apply contract administration tools and techniques to manage the contract and avoid disputes during implementation effectively.</li>
<li>Resolve disputes collaboratively and amicably and outline alternative dispute resolution methods.</li>
</ul>
<h2>Targeted Competencies:</h2>
Target competencies in this budgeting, planning, and contracting management training will:
<ul>
<li>Separate problem identification and problem-solving.</li>
<li>Explore objectives and strong analysis of plans and results.</li>
<li>Understanding the control aspects of budgeting.</li>
<li>Understand the ability to appreciate the human factors involved in budget setting.</li>
<li>Contract preparation.</li>
<li>Contract administration.</li>
<li>Prepare and evaluate bids.</li>
<li>Plan contracting process.</li>
<li>Resolve contractual disputes.</li>
<li>Manage contractors.</li>
</ul>
<h2>Course Content:</h2>
<h3>Unit 1: Budgets and Strategy in Today's International Environment:</h3>
<ul>
<li>Organizational planning framework.</li>
<li>Know the product/information/decision support cycle.</li>
<li>Understand strategic, tactical, and operational forecasts.</li>
<li>Know the strategic approach to business planning.</li>
<li>Explore various strategic and tactical approaches to business planning.</li>
<li>The international business environment.</li>
</ul>
<h3>Unit 2: The Business Plan and Budget Development:</h3>
<ul>
<li>Develop the business plan.</li>
<li>Identification of key value drivers.</li>
<li>Achieve objectives.</li>
<li>Zero base budgeting.</li>
<li>Activity-based budgeting.</li>
<li>Rolling budgets.</li>
<li>Develop the Cash Budget.</li>
</ul>
<h3>Unit 3: Analyzing Historical Data Using Excel:</h3>
<ul>
<li>Problems of forecasting.</li>
<li>Use historical data to help predict the future.</li>
<li>Forecast.</li>
<li>Sales volume.</li>
<li>Develop Time Series Models using histograms, moving averages, exponential smoothing, and regression analysis.</li>
<li>Use Regression Analysis as a predictor and estimator.</li>
<li>Master the use of Exponential Smoothing as a Data Analysis tool.</li>
</ul>
<h3>Unit 4: Activity-Based Budgeting and Cost Analysis:</h3>
<ul>
<li>Explore Cost behavior and break-even analysis.</li>
<li>Activity-based costing.</li>
<li>Budget for Processes rather than Departments.</li>
<li>Define Key Cost Drivers.</li>
<li>Define Key Activities.</li>
<li>Develop the Activity-Based Budget.</li>
</ul>
<h3>Unit 5: Capital Budgeting and Project Appraisal</h3>
<ul>
<li>Identify the various types of capital projects.</li>
<li>Discuss the capital project evaluation process.</li>
<li>Time has an impact on the value of money.</li>
<li>Use WACC and ROIC as benchmarks.</li>
<li>Determine the initial and subsequent capital project cash flows.</li>
<li>Develop the "Hurdle Rate" for capital projects.</li>
<li>Evaluate capital projects by applying NPV, IRR, and ARR Payback models.</li>
</ul>
<h3>Unit 6: Principles of Contracts:</h3>
<ul>
<li>Define a contract.</li>
<li>Elements of a contract.</li>
<li>Important concepts in contract management are used.</li>
<li>Contract Stages.</li>
<li>Explain problems in preparing and managing contracts.</li>
</ul>
<h3>Unit 7: Contract Preparation:</h3>
<ul>
<li>Know the stages of contract preparation and management.</li>
<li>Set up a contracting strategy.</li>
<li>Contract methods.</li>
<li>Develop the scope of work.</li>
<li>Explain problems with a badly written scope of work.</li>
<li>Develop Evaluation criteria.</li>
<li>Decision analysis worksheet.</li>
<li>Terms and conditions.</li>
<li>Determine sourcing strategy.</li>
<li>Pre-qualification criteria.</li>
<li>Prepare request for proposal.</li>
</ul>
<h3>Unit 8: Contract Types and Strategies:</h3>
<ul>
<li>Explore one or several contracts.</li>
<li>Fixed-price contracts.</li>
<li>Cost reimbursable contracts.</li>
<li>Time and material contracts.</li>
<li>Payment terms.</li>
</ul>
<h3>Unit 9: Tendering and Bids Evaluation:</h3>
<ul>
<li>Principles of tendering.</li>
<li>Objectives of tendering.</li>
<li>Tendering process.</li>
<li>Bids Evaluation.</li>
<li>Preliminary examination of bids.</li>
<li>Technical evaluation.</li>
<li>Commercial evaluation.</li>
<li>Total cost of ownership.</li>
<li>Value for money.</li>
<li>Most Economically Advantageous Tender (MEAT).</li>
</ul>
<h3>Unit 10: Contract Administration:</h3>
<ul>
<li>Purpose of contract administration.</li>
<li>Documents needed to administer a contract.</li>
<li>Contract administration tools.</li>
<li>Role of contract administrators.</li>
<li>Substantial completion.</li>
<li>Lessons learned.</li>
<li>Final settlement.</li>
</ul>
<h3>Unit 11: Claims and Variation Orders:</h3>
<ul>
<li>Breach of contract.</li>
<li>Money damages.</li>
<li>Equitable remedies.</li>
<li>Changes and modifications.</li>
<li>Understand alternative dispute resolutions (negotiation, mediation, arbitration).</li>
</ul>">

Amsterdam (Netherlands)

17 - 28 Aug 2026

9500 Euro