Schedules Outline

Home / Finance & Budgeting / The 10-Day International Financial Reporting & Treasury Risk Management

Course Schedule

Classroom Sessions:

Date	Venue	Fees
04 - 15 Mar 2024	London - UK	$11,900
21 Oct - 01 Nov 2024	Dubai - UAE	$11,900

Course Description

MODULES

This training course is split into two modules:

MODULE I - International Financial Reporting Standards (IFRS)

MODULE II - Treasury and Risk Management

Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.

Course Outline

Module 1: International Financial Reporting Standards (IFRS)

DAY 1

The Role & Scope of IFRS

Establishing the case for IFRS
International accounting diversity
IFRS & US GAAP
The role & scope of IFRS & IAS
The IASB conceptual framework
IFRS, accounting concepts & policies

DAY 2

The Presentation & Preparation of Financial Statements

The annual reports & financial statements
IAS 1 presentation of financial statements
Preparing the income statement
Preparing the statement of financial position
IAS & statement of cashflow
Notes & disclosures

DAY 3

Accounting for Cash Flow & Financial Instruments

The importance of cash flow
Preparing a statement of cash flows in accordance with IFRS 7
Evaluating the cash flow
What are financial instruments & derivatives?
IFRS 7 financial instruments: Disclosures
IFRS 9 financial instruments

DAY 4

Accounting for Assets

Tangible & intangible assets
IAS 16: Property, plant and equipment and Depletion, Depreciation & Amortisation (DD&A)
IAS 36: Impairment of assets
IFRS 13 fair value measurement
IAS 38: Intangible assets
IAS 2 inventories

DAY 5

Accounting for Strategic Alliances & Business Combinations

Strategic alliances mergers & acquisitions
Goodwill
IFRS 3 business combinations
IFRS 10: Consolidated financial statements
IFRS 11: Joint arrangements
IFRS 12: Disclosure of interests on other entities

Module 2: Treasury and Risk Management

DAY 6

The Role of Treasury Management – An Overview

The Role & Scope of Treasury Management
Operation & Location of a Treasury Department – Cost or Profit Centre; Centralised or Decentralised
Cash & Liquidity Management
Working Capital Management
Capital / Finance Management
Risk Management

DAY 7

Cash & Liquidity Management – A Detailed Analysis

Cash Forecasts: Role & Preparation
Investment of Cash Surpluses to Maximize Return
Meeting Cash Calls and Short-Term Cash Shortages / Short Term Finance
Working Capital Management – Determining the Optimum Level
Multi-national & Group Cash Management
Cash Budgets: Process & Control

DAY 8

Financing and Capital Management

Strategic Objectives: Consolidation, Growth, M & A; Joint Ventures, Diversification, etc.
Financing Strategic Objectives / Long Term Finance (Public & Private Equity v Buyer & Supplier Debt)
Optimizing the Capital Structure to Minimize the Cost of Capital (WACC)
The Capital Asset Pricing Model (CAPM)
Capital Investment Appraisal – NPV; IRR, Payback
Capital Rationing: Internal & External

DAY 9

Risk Management

Identifying Risks and Uncertainties – Internal & External; Financial & Non-Financial
Measuring Risk – Volatility; Variance; Standard Deviation; Probability; Value at Risk
Determining the Risk Management Strategy – Assessing Impact and Probability
The 4 T’s – Tolerate; Terminate; Transfer; Treat
Internal Controls & Internal Auditing
Credit & Counterparty Risk Management

DAY 10

Currency, Interest Rate & Commodity (Oil Price) Risk Management

Forward Contracts and Forward Rate Agreements
Options – Calls & Puts; European & American
Futures – Market Correlation; Margin Payments, etc.
Swaps – Currency & Interest Rate Risk and Benefits
Foreign Currency Accounts other Internal Methods / Tactics
Foreign Currency Borrowing

Certificates

On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance

Providers and Associations

Endorsed Education Provider

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org

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