By the end of this programme, participants will:
- Have a greater understanding of the current International Accounting Standards and International Financial Reporting Standards.
- Have a good knowledge of the range of financial analysis skills and techniques that create shareholder value.
- Have learned how to integrate the new developments in financial control and management into their corporate environment.
- Have an understanding of corporate governance and the dissemination of information.
- Have an understanding of taxation, tax planning and the methods used to mitigate tax liabilities.
- Have a greater understanding of auditors’ reports and reports to management in relation to Auditing Standards and Practice Statements/International Standards of Auditing.
- Have a greater understanding of Treasury Management techniques and the implications International Accounting Standards have on treasury products.
Treasury Management
- International treasury
- Interest rate risk management
- Financial instruments
- The application of IAS 39
- Case Studies on leading international companies
- Cash management & banking
- Investment and counterparty risk
- Management of foreign exchange risk
- Funding
- Case study: practical examples and guidance from experts
International Financial Reporting Standards (IFRS)
- Current issues and latest developments in IAS
- GAAP Accounting
- Case studies: practical examples of international companies
- Usage of IFRS
Introduction to Risk Management
- Definition of Risk
- Impact of risk on governance
- Types of risks
- Development of risk management
- Principles and aims of risk management
- Risk Management frameworks
- Risk identification / process
- Exercises
Auditing
- International Standards on Auditing (ISA) and International Audit Practice Statements (IAPS): current issues and developments
- Audit and assurance services
- Professional responsibility and liability
- Corporate governance and the implications for the Auditor
- Practice management
- Audit and business risk
- Audit planning and internal control
- Audit reports that produce results
- Case Study
