Finance and accounting

The program has been developed as a practical course using tax fraud and evasion scenarios to provide participants with a learning environment that will allow them the best opportunity to apply their newly acquired knowledge and skills in the real world. All the lessons and scenarios are designed and delivered from a tax perspective ensuring that participants can relate to the material so that it helps increase their understanding and retention of the content. The content of the course has been designed in line with the current practices and legislation in place for tax crimes.

The key focus of this course is to give participants an in-depth knowledge of the broad range of problems faced by tax and financial crime investigators in their battle against illegitimate financial activities, as well as responses to these issues and available tools.

This training course will empower you with familiarity with the laws and regulations related to fraud while you learn to apply the accounting and investigative methods used to bring those responsible to justice.

Upon completing this Tax Crime and Fraud Investigation course successfully, participants will be able to:

• Recognize the key stages of tax crime and fraud investigation
• Identify the elements required for tax crime and fraud investigative decision- making
• Conduct effective tax crime and fraud investigation
• Summarize the fundamental elements of investigative strategies
• Identify the critical factors of the tax crime and fraud investigation process
• Understand the principles of the “Investigative Mindset”

This course is targeted at:

• Tax agents
• Tax advisors
• Legal counsel and lawyers
• Tax advisers
• General tax practitioners
• Tax practitioners in advisory firms
• Beginners in tax commercial and trade industries
• Government officials
• In-house tax directors/managers
• Tax regulation bodies
• Tax and financial crime investigators
• Financial analysts
• Judicial officials

• Managing and Leading Investigations – Domestic & International
• Beneficial Ownership
• Investigative Techniques
• Complex Money Laundering
• Bribery and Corruption
• International Co-operation
• Financial Intelligence Units
• Suspicious Transactions Reports
• Intelligence Analysis
• Advanced Interviewing Techniques
• Identifying, Freezing and Recovering Assets

Financial knowledge and skills are fundamental to any managerial position. From understanding financial statements to analyzing them, from cost impacts to variance analysis, from decision making to budgeting, this training course gives hands-on practical experience to non-financial managers to understand the concepts and techniques to help them in key decision-making areas, which in turn gives impetus to the bottom line of the business.

This training course will empower you to be prepared to make more powerful and informed business decisions. From understanding the essence of cash flow to learning how to create value on a corporate level. This program covers all major principles of corporate finance.

By the end of this ‘Finance for Non-Finance Managers Course’, participants will be able to:

• Use financial information to manage and assess your company or department’s operations
• Manage and Reduce Cost (Fixed versus variable costs)
• Control the working capital and manage the impact of inventory build-up
• Practice and use a range of accounting methods, tools and techniques available to manage financial risks in your organization
• Interpret the language of accounts and break down barriers of understanding
• Gain Confidence to prepare budgets and read Management Information

Those in managerial positions (junior up to top level) in an organization who needs a contextual understanding and practical hands-on experience in the principles of corporate finance

• Basic Accounting Concepts
• Introduction to Financial Statements
• Financial Statement Analysis
• Working Capital Management
• Capital Budgeting
• Cost management and Costing Techniques
• Revenue Management
• Introduction to IFRS

This training seminar focuses on understanding the contemporary functional roles of global banking and financial intermediation and the short-term money markets, foreign exchange markets, and swap markets.  It will examine a wide range of modern-day case examples regarding money transfers and the various products-services that support banking intermediaries.  This seminar will also review the full range of global banking and money markets, including: country and regional monetary policies, overnight deposits, SWIFT wire transfers, M1-M2-M3 L and “prime” [LIBOR] lending-rate benchmarks.  The focus will be on terminology, models, risk positions, hedging, and the role of monetary on lending, borrowing, and short-term marketable securities worldwide.

• Review any company’s short-term money-market positions on assets and liabilities
• Analyze the risk exposure of FOREX transactions in both cash and futures positions
• Differentiate M1 M2 M3 and L balances in central bank monetary policy structures
• Explain the process of balancing daily cash flow transactions through financial intermediaries
• Develop a rubric to analyze any company’s short-term “returns on money”
• Evaluate the pros and cons of using put and call options on FOREX futures to manage risk
• Explain the key differences between currency swaps and FOREX cash and futures markets
• Determine a workable interest-rate swap strategy for a firm’s short-term liabilities
• Analyze all types of short-term money market securities vs. cash balances and credit terms

• Anyone looking to expand their working knowledge about how global monetary policies impact cash flow cycles for both foreign receivables coming in and payables going out
• Anyone looking to improve the financial positioning of corporate/organizational short-term funds management for both global lines of credit and liquid marketable securities
• Senior Operational Executives who want to incorporate cash flow risk mitigation into the business model for all facets of the company’s global operations
• Board Members who want to enhance their fiduciary capacity to manage and mitigate FOREX risk exposure in global partnerships, markets, and transactions
• Business Development executives who want broader valuation impacts for potential commercial opportunities in foreign industries and markets.

The Contemporary Landscape of Global Banking

• Central Banks and Variations on Monetary Policies
• SWIFT and Related Electronic Funds Transfers
• Commercial Banking vs. Private Banking Clienteles and Funds Management Policies
• The Intentions and Impacts of Quantitative Easing [QE] on Borrowing and Lending Policies
• Foreign Trade Balances of Payments among Countries and Banking Intermediaries
• The Impact of LIBOR, U.S. Prime, and other Short-term Benchmark Interest Rates
• The Effects of Removing the “Gold Standard” in Backing Currency Valuations
• The Role and Risks Associated with “Offshore Banking” and Non-regulated Transactions

Global Money Markets

• Understanding M1 M2 M3 and L
• Bankers’ Acceptances [BAs] and Foreign Trade Credit Letters
• Repurchase Agreements [Repos] and Commercial Paper
• T-Bills and Deriving the Yield Curve: Implications for Global Interest Rates
• Certificates of Deposit and other Short-term Bank Instruments
• Fixed and Variable Bank Lines of Credit
• Global “Money Centers” for Short-term Financial Intermediation
• Cash-Flow Management Strategies

Foreign Exchange (FOREX) and Global Currency Valuation

• Purchasing Power Parity and FOREX Conversion Pricing
• Hedging Currency Risk Exposure with Long and Short Currency Futures Contracts
• The Use of Put and Call Options on Foreign Currency Risk Exposure Mitigation
• The Pound Sterling and Bank of England vs. Euros and European Central Bank Policies
• Country GDP, Interest Rates, and Relative Currency Fluctuations
• Pegged Currencies vs. Free-Market Supply and Demand Currencies
• The Role of Speculators, Hedgers, and Ultimate Long Positions in FOREX Markets
• New “financially engineered” Products and Contractual Cash Flow Structures.

The Global Swap Markets

• History and Development of the Swap Market for Foreign Currency
• History and Development of the Swap Market for Interest Rate Exchanges
• Portfolio Approaches to Foreign Currency Management
• Fixed-for-Fixed, Fixed-for-Floating, and Floating-for-Floating Interest Rate Swaps
• Nominal Principal and Settlement Valuations
• Bid-Ask Pricing Spreads and Market Efficiency in the Swap Markets
• Minimizing Transaction Costs on Global Financial Intermediation

New Banking Frontiers, Functions, and Cryptocurrencies

• The Design, Development, and Launch of Bitcoin
• Two-dozen Cryptocurrencies Follow the Bitcoin Lead
• Direct “peer-to-peer” Financial Transactions
• Dramatic Changes Coming in Global Banking Fees for Financial Intermediation
• Geographic Trade Blocs, Trade Pacts, and New Paradigms in “Cash Flow Management”
• Privacy Laws, Financial Disclosure, Collusion, Cartels, and Currency Innovations

Financial management has a key role in any business, irrespective of the size of the company. It is a crucial part of organizational management and cannot be considered as a separate task to be left to the finance team alone. Financial management comprises of planning, organizing, controlling and monitoring financial means in order to achieve organizational objectives.

This course presents the underlying framework and fundamentals of Finance, Accounting & Budgeting in the context of how accounting fits into the overall business environment of contemporary society. Participants will learn how accounting functions as an information development and communication system that supports economic decision making and provides value to entities and society. This course also provides an overview of the essential tools and the skills to build world-class standards into your budgeting. Important elements of this programme include making your budgeting process more efficient & effective.

• Explain basic accounting concepts, terminologies, principles, processes and procedures that govern how the financial statements are prepared and the relevance to a business department.
• Understand the difference between accrual and cash basis accounting
• Know the importance of accounting in running businesses.
• Explain the components of an annual report.
• Understand how financial information, primarily that provided by the financial statements, can be used to analyze business operations and make economic decisions
• Effectively prepare balance sheets and income statements.
• Analyze a set of financial statements to evaluate the business’ financial health.
• Differentiate the financing options available to a business and situations where each might be used.
• Explain how to prepare a budget and effectively manage the budgeting process
• How to implement advanced planning and control techniques into your budgeting process
• Know how to integrate the budgeting process with the development of the company’s long-term strategic vision
• Successfully build an integrated planning, budgeting and reporting process
• Know how to provide a decision support structure that provides timely and useful information to decision-makers
• Apply management tools to the budgeting process that contribute to strategic goals
• Develop ways to increase profitability and performance through streamlined planning and reporting

• All Professionals with financial responsibility
• Managers seeking to develop their understanding of the accounting methods
• All professionals with planning and budgeting responsibility
• Anyone with direct planning and budgeting responsibility
• Professionals responsible for management reporting
• Corporate governance directors and compliance officials
• Board level members who wish to develop their understanding of Budgeting and Planning
• Professionals who are working with financial organizations

• Company Objectives & Fundamental of Finance & Accounting
• Financial Statements – Understanding and Analysis
• Management Accounting
• Budgeting and the Strategic Management Framework
• Advanced Capital Budgeting Evaluation Techniques

What is financial decision making? All businesses continually need finance to maintain their existence. It wouldn’t be far-fetched to say that businesses exist because of money to make more money. A proper understanding of finance by the manager can prove to be the distinguishing factor between a successful and an unsuccessful business. Merely arranging funds and then spending it on various activities cannot spell prosperity for the firm.

It requires apperception that there is a science behind acquiring and allocation of funds. The management needs to strategically make decisions regarding crucial financial aspects. Developing skills regarding strategic use of finance will increase the profitability of the business and ensure its long-term survival among the cut-throat competition.

This training course acknowledges that understanding finance is closely associated with strategic decision making and offers a parallel between finance and effective strategy formulation. This course is a prerequisite for any professional who aims to make a positive impact in their jobs with the enhanced practical and conceptual insight into finance.

On successful completion of this course, participants shall be able to:

• Understand the application of elemental principles of finance to business strategy and policymaking
• Appreciate correlation between finance and strategy
• Comprehend how strategic decision making can increase shareholder’s wealth and result in value maximization
• Know various functions of finance and how they affect the overall well-being of the firm
• Value assets and manage financial risk for the firm
• Understand various concepts related to working capital management, evaluation techniques, financial analysis, time value of money, etc

• Budding entrepreneurs, start-up founders
• Financial managers, credit managers
• General managers, corporate managers, operations managers
• Business Policymakers
• Departmental heads, managers, executives
• Financial analysts
• Investors

• Introduction to the Basics of Finance and its Relation to Strategy
• Concept of Time Value of Money
• Risk and Return: Trade-Off
• Capital Budgeting
• Investment Strategy
• Capital Structure
• Value Maximization and Risk Management
• Financial Planning and Analysis

Fraud has become a serious concern for both commercial and non-profit organizations across the whole world. According to a study by the Association of Certified Fraud Examiners and researchers at Concordia University, over 10 percent of all non-profit organizations/groups fall victim to occupational fraud. Awareness about fraud and embedding anti-fraud procedures in the system of your organization can have significant impact on the sustainability of your organization in the long term. This training course will help you to learn why people commit fraud, how to identify fraud risks, establish an anti-fraud culture and ensure fraud awareness in your organization. This training course will explain how to build a robust fraud risk management program and how to integrate anti-fraud initiatives into your fraud risk management program.

At the end of this course, participants will be able to;

• Clearly define the meaning of fraud
• Deploy effective fraud control methods and reduce the risks of fraud occurrence in the organization
• Utilize various tools to expose fraudulent transactions
• Use statistical and forensic accounting tools to analyze data, test the data and find inconsistencies
• Utilize Microsoft excel to identify suspicious information
• Apply latest technological solutions in combating fraud and financial crimes
• Take necessary preventive measures to combat fraudsters and money launders

• Public Accountants & Internal Auditors
• Fraud Examiners & Forensic Accountants
• Governmental Accountants & Attorneys
• Risk Management Professionals
• Regulatory Compliance Specialists
• Financial Security Officers
• External Audit Professionals
• Other Accounting/ Auditing Professionals and Educators.

• Fraud in the global context
• Fraud and its impact on corporate reputation
• Whistle blower programs and fraud prevention
• Fraud typologies
• Information and security threats
• Ethics and fraud control
• Regulatory response to fraud
• Statistical Overview of Fraud Problem
• Common Types of Fraud
• Who Commits Fraud?
• The Fraud Triangle
• The Fraud Diamond
• Red Flags
• Fraud Risk Program – Components
• Fraud Risk Assessment – Components
• Conducting Fraud Risk Assessment – Case Studies
• Case Studies – A Practical Perspective
• Fraud Prevention Program
• Fraud Prevention Check list – A Practical Perspective
• Fraud Detection Program
• Fraud Prevention and Detection Score Cards
• Fraud Investigation Program

Internal Audit & Control has become a vital component for any organization, it is an independent objective assurance and consulting activity designed to add value and improve an organization’s operations. This applies to both the corporate sector and the public sector. Internal audits provide a number of essential services to company management. These include detecting and preventing fraud, testing internal control, and monitoring compliance with company policy and government regulation.

‘Internal Audit & Control Best Practices’ is a highly interactive training course, it helps participants acquire the knowledge to understand the Internal Controls environment and the roles of the respective stakeholders in monitoring, evaluating and the implementation of internal controls best practices. By applying this knowledge, participants will develop the skill to perform an Internal Controls risk assessment to support the organization’s strategic objectives, improve its sustainability and leverage its ability to face future challenges.

• Reinforce key elements related to internal audit, its scope and function within the organization
• Understand the relationship between internal stakeholders and types of engagements with them.
• Distinguish the types of internal audit assignments related to operational, compliance or financial internal audit
• Develop engagement process based on considerations, objectives, scope and risk-based internal audit engagements
• Comprehending the organizational governance including principles, various frameworks, codes and legislation.
• Perceive ways to identify, analyze and manage the risks in your business.
• Identification of reportable items, report formulation, and methods of communication.
• Understand the organizational ethics, fraud, and role of internal auditing
• Recognize internal auditing’s role regarding, fraud prevention, detection, and investigation

• Internal auditors who wish to understand their role in the audit process and update their knowledge
• Accountants who wish to understand the scope of the audit process and their role
• Financial executives who wish to gain a better understanding of the regulatory audit environment
• Supervisors and managers who are interested in updating, upgrading, and refreshing their knowledge in internal audit.
• Personnel within the public sector who need a better understanding of internal audit role
• Any other professional involved in the preparation for the audit process or the conducting of audit procedures

• Introduction to Internal Auditing
• Engagement Process
• Organizational Governance and Risk Management
• Reporting
• Ethics and Fraud Overview

This training seminar focuses on understanding the contemporary functional roles of global banking and financial intermediation and the short-term money markets, foreign exchange markets, and swap markets.  It will examine a wide range of modern-day case examples regarding money transfers and the various products-services that support banking intermediaries.  This seminar will also review the full range of global banking and money markets, including: country and regional monetary policies, overnight deposits, SWIFT wire transfers, M1-M2-M3 L and “prime” [LIBOR] lending-rate benchmarks.  The focus will be on terminology, models, risk positions, hedging, and the role of monetary on lending, borrowing, and short-term marketable securities worldwide.

• Review any company’s short-term money-market positions on assets and liabilities
• Analyze the risk exposure of FOREX transactions in both cash and futures positions
• Differentiate M1 M2 M3 and L balances in central bank monetary policy structures
• Explain the process of balancing daily cash flow transactions through financial intermediaries
• Develop a rubric to analyze any company’s short-term “returns on money”
• Evaluate the pros and cons of using put and call options on FOREX futures to manage risk
• Explain the key differences between currency swaps and FOREX cash and futures markets
• Determine a workable interest-rate swap strategy for a firm’s short-term liabilities
• Analyze all types of short-term money market securities vs. cash balances and credit terms

• Anyone looking to expand their working knowledge about how global monetary policies impact cash flow cycles for both foreign receivables coming in and payables going out
• Anyone looking to improve the financial positioning of corporate/organizational short-term funds management for both global lines of credit and liquid marketable securities
• Senior Operational Executives who want to incorporate cash flow risk mitigation into the business model for all facets of the company’s global operations
• Board Members who want to enhance their fiduciary capacity to manage and mitigate FOREX risk exposure in global partnerships, markets, and transactions
• Business Development executives who want broader valuation impacts for potential commercial opportunities in foreign industries and markets.

The Contemporary Landscape of Global Banking

• Central Banks and Variations on Monetary Policies
• SWIFT and Related Electronic Funds Transfers
• Commercial Banking vs. Private Banking Clienteles and Funds Management Policies
• The Intentions and Impacts of Quantitative Easing [QE] on Borrowing and Lending Policies
• Foreign Trade Balances of Payments among Countries and Banking Intermediaries
• The Impact of LIBOR, U.S. Prime, and other Short-term Benchmark Interest Rates
• The Effects of Removing the “Gold Standard” in Backing Currency Valuations
• The Role and Risks Associated with “Offshore Banking” and Non-regulated Transactions

Global Money Markets

• Understanding M1 M2 M3 and L
• Bankers’ Acceptances [BAs] and Foreign Trade Credit Letters
• Repurchase Agreements [Repos] and Commercial Paper
• T-Bills and Deriving the Yield Curve: Implications for Global Interest Rates
• Certificates of Deposit and other Short-term Bank Instruments
• Fixed and Variable Bank Lines of Credit
• Global “Money Centers” for Short-term Financial Intermediation
• Cash-Flow Management Strategies

Foreign Exchange (FOREX) and Global Currency Valuation

• Purchasing Power Parity and FOREX Conversion Pricing
• Hedging Currency Risk Exposure with Long and Short Currency Futures Contracts
• The Use of Put and Call Options on Foreign Currency Risk Exposure Mitigation
• The Pound Sterling and Bank of England vs. Euros and European Central Bank Policies
• Country GDP, Interest Rates, and Relative Currency Fluctuations
• Pegged Currencies vs. Free-Market Supply and Demand Currencies
• The Role of Speculators, Hedgers, and Ultimate Long Positions in FOREX Markets
• New “financially engineered” Products and Contractual Cash Flow Structures.

The Global Swap Markets

• History and Development of the Swap Market for Foreign Currency
• History and Development of the Swap Market for Interest Rate Exchanges
• Portfolio Approaches to Foreign Currency Management
• Fixed-for-Fixed, Fixed-for-Floating, and Floating-for-Floating Interest Rate Swaps
• Nominal Principal and Settlement Valuations
• Bid-Ask Pricing Spreads and Market Efficiency in the Swap Markets
• Minimizing Transaction Costs on Global Financial Intermediation

New Banking Frontiers, Functions, and Cryptocurrencies

• The Design, Development, and Launch of Bitcoin
• Two-dozen Cryptocurrencies Follow the Bitcoin Lead
• Direct “peer-to-peer” Financial Transactions
• Dramatic Changes Coming in Global Banking Fees for Financial Intermediation
• Geographic Trade Blocs, Trade Pacts, and New Paradigms in “Cash Flow Management”
• Privacy Laws, Financial Disclosure, Collusion, Cartels, and Currency Innovations

This Corporate Financial Planning, Budgeting & Control training is designed to enable delegates make corporate financial decisions in an increasingly volatile international marketplace with the view to increase profitability, maintain liquidity and reduce financial risk is a challenge for all organizations regardless of their sizes. It is designed to enable delegates understand the critical aspects of corporate decision making and enhance their knowledge of the development of a strategic corporate financial plan, the raising of finance, the preparation and management of budgets to support the plan, the management of financial risk and ultimately the measurement and evaluation of performance. Corporate planning, budgeting and control are essential in modern organizations. Effective planning, budgeting and control lead companies to their Mission, Vision and Goals.

• Evaluate the various methods of finance and make successful capital investment decisions
• Develop effective corporate financial plans aimed at maximizing returns and minimizing risk
• Prepare, manage and control budgets to support the corporate financial plans
• Identify and manage financial risk effectively
• Measure and manage performance effectively
• Create opportunities for your personal development and increased financial awareness

• Non-financial and Financial Personnel
• Financial decision-makers
• Professionals acting upon the financial decisions of others
• Analysts
• Managers involved in planning and decision-making
• Financial Planners
• Individuals with very basic financial knowledge.
• Individuals with ambitions to work in finance related fields.
• Junior Managers involved in risk managements
• Managers and those with financial responsibilities

• Corporate Financial Planning
• Financing the Plan
• Preparing & Managing Budgets to Support the Financial Plans
• Managing and Controlling Cash Flow to Support the Financial Plan
• Managing Financial Risks

Financial Statements are an important means of providing information about an organization’s performance to various stakeholders. Financial Statement Analysis is the method of inspecting an organization’s performance in the framework of its industry and economic environment in order to arrive at a decision or recommendation.

A good corporate financial decision starts with numbers. Most of the numbers come from financial statements prepared by accountants. However, the financial statements do not disclose all of the necessary and relevant information for decision making. Therefore, it is necessary to analyze the data depicted in the financial statements.

This training will empower you in taking the sound corporate financial decision based on the analysis of the information presented in the financial statements.

The objective of this training is to help you in analyzing the financial statements of an organization for decision making about how the management has discharged their responsibilities in achieving the goals of the organization.

By the end of this training you will learn to:

• Analyze and identify the financial strengths and weaknesses of an organization
• Assess the liquidity and solvency of an organization
• Analyze the needs for the financing of an organization
• Assess management’s stewardship of the organization’s economic resources
• Predict the future of an organization from the analysis of the financial statement

• Professionals working in the field of accounting and finance
• Financial controllers, finance managers, financial systems analysts, senior accountants, financial accountants, management accountants
• Chief Financial Officers (CFOs), finance directors and strategic planners

• Introduction to Financial Statements
• Introduction to Financial Statement Analysis
• Analysis of Balance Sheet
• Analysis of Profit and Loss
• Analysis of Cash Flow
• Analysis of Annual Report
• Predicting the Future
• Analysis of the Financial Statement using Spread Sheet