2012 CIMA Mastercourses brochure by Chartered Institute of Management Accountants

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CIMA Mastercourses Seminar and workshop programme

2012

Introducing the 2012 CIMA In today’s environment organisations and individuals must deliver results if they are to succeed. To achieve results, investing in training is essential, not only to ensure staff keep up-to-date with the latest knowledge, but also to help generate new ideas and techniques that will improve the company’s efficiency as well as its competitiveness in industry.

CIMA Mastercourses follow a practical approach to training and feature the latest ideas, techniques and methods to help you deliver your organisational needs. Our expert speakers will ensure you are fully prepared to apply what you learnt on the course to your day to day work, the minute you leave the training room.

Over 200 courses to help you succeed

With more than 25 years’ experience in providing training solutions to accounting, finance and business professionals our courses, held in locations around the UK, are designed to help you develop your skills and enhance your career.

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CPD ASSURED

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Mastercourses programme We offer more than 200 courses covering ten categories:

• Influencing skills for CFOs

• Management accounting

• Organisational risk management

• Accounting updates

• Sustaining Sarbanes-Oxley.

• Corporate finance and treasury • Financial reporting • Law and tax matters • Business skills • Strategic management • Understanding finance • IT skills • Personal and management skills.

New for 2012 We regularly review and update our courses to ensure they remain current and relevant. By analysing current trends, liaising with CIMA members and evaluating feedback from delegates, we are constantly looking to improve our training provision to ensure you acquire the latest skills. 2012 sees the introduction of a number of new courses including:

CPD approved CIMA Mastercourses are recognised as fulfilling the CPD needs of accountants by other accountancy bodies including ACCA, ACT, CIPFA, IIA, ICSA, ICAEW and ICAS.

CIMA in-house training For a more flexible and personal approach, the CIMA in-house training team can work with you to create and deliver a programme specifically to meet your organisation’s needs. Choose from our existing Mastercourses or have a unique training solution developed from scratch. See page 4 for more information.

How to book There are four ways to book: E. mastercourses@cimaglobal.com T. +44 (0)845 026 4722

• Business analytics

www.cimamastercourses.com

• Corporate governance issues

Post: complete and return the booking form at the back of this brochure.

• Forensic accounting • Fraud and corruption risk in business

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Contents CIMA in-house training ................................................................ 4 CIMA Corporate Discount Scheme .......................................... 5 Expert speakers ................................................................................ 6

Risk management

Issues 10 11 11 11 11 12 NEW 12 13 13

Performance management The balanced scorecard .............................................................. 14 Performance management and measurement .................. 14 Implementing winning key performance indicators (KPIs) . ........................................................................... 15

Budgeting and planning Introducing the forecasters’ toolkit ....................................... 15 Better forecasting and budgeting ........................................... 16 Spreadsheet skills for forecasting, planning and budgeting ................................................................................ 16

Costing and cost management Driving down costs ....................................................................... 17 Activity-based costing and management – making it work in the real world ............................................. 17

Control Margin management ................................................................... Management reporting for decision making ...................... Quick month end reporting ...................................................... Financial management in SMEs ..............................................

Treasury Treasury – introduction .............................................................. 26 Cash management – introduction........................................... 26 NEW

Management Accounting CFO of the future: Finance leadership ........................................................................ Strategic management ............................................................... Cost and profitability analysis ................................................. Flexible planning and rolling forecasts . ................................ Best practice measurement and reporting .......................... Influencing skills for CFOs ......................................................... Information, insights and impact ............................................ Management accounting update – adding value beyond the numbers ................................................................... 20 major mistakes made by accountants – and how to avoid them ..............................................................

Corporate finance and treasury

18 18 19 19

Organisational risk management ........................................... Fraud and corruption risk in business .................................... IT governance and security ....................................................... Forensic accounting ..................................................................... Internal audit .................................................................................. Internal audit for effective assurance . ..................................

27 27 28 28 29 29

NEW NEW NEW NEW NEW

Corporate finance Credit management – what you need to know ................ Working capital – why it matters ........................................... Fundamentals of transfer pricing ............................................ Effective transfer pricing ............................................................ Investment appraisal – introduction ..................................... Investment appraisal in practice ............................................. Financing and investment strategy . ...................................... A practical approach to private company acquisition ....

30 30 31 31 32 32 33 33

Financial reporting IFRS – new and revised standards .......................................... IFRS – introduction ...................................................................... IFRS – advanced ............................................................................ IFRS – a comprehensive refresher .......................................... IFRS – first-time adoption workshop .................................... IFRS – keeping up-to-date . ....................................................... FRSME – an introduction ........................................................... FRSME – a comprehensive understanding .......................... IFRS – a comparison with US GAAP ...................................... US GAAP – introduction ............................................................ UK GAAP – keeping up-to-date .............................................. UK GAAP – a comprehensive refresher ................................ Faster financial closing ............................................................... Effective narrative reporting – getting your story right ........................................................................................ Other courses .................................................................................

36 36 37 37 38 38 39 39 40 40 41 41 42 42 NEW 43

Accounting updates 22 22 23 23

CONTENTS

CIMA CPD Academy .................................................................... Corporate accountants’ updating programme .................. A technical update for accountants in business ................ Finance partnering workshop ...................................................

For a full list of all available Mastercourses please visit: www.cimamastercourses.com/courselist

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Law and tax matters

Understanding finance

Law The legal and regulatory framework ....................................... Commercial law issues for finance professionals ............... Corporate governance overview ............................................... Corporate governance issues ..................................................... The role of the company secretary .......................................... Sustaining Sarbanes-Oxley .........................................................

46 46 47 NEW 47 NEW 48 48 NEW

Tax Corporation tax refresher and update .................................... UK taxation of groups ................................................................... Essential annual tax update ........................................................ VAT refresher and update ........................................................... International VAT – goods and services ................................. VAT for charities ............................................................................. Income tax refresher and update – business tax ................ Capital expenditure – getting the tax treatment right ..... Other courses ...................................................................................

49 49 50 50 51 51 52 52 53

56 56 57 57 58 58 59 59 60 60 61 61

IT skills Data analysis – with Excel ........................................................... Introduction to Microsoft Excel 2007™ ................................. Intermediate Microsoft Excel 2007™ ..................................... Advanced Microsoft Excel 2007™ ............................................ Introduction to financial modelling ......................................... Intermediate financial modelling .............................................. Advanced financial modelling using Excel and VBA .......... Valuation modelling ......................................................................

74 74 NEW 75 NEW 75 NEW 76 76 77 77

Commercial skills for finance professionals .......................... Brilliant presentations ................................................................... Negotiation mastery ..................................................................... The accountant as strategic influencer and adviser . ......... Leadership skills ............................................................................... The first-time manager ................................................................ Smarter thinking, smarter working .......................................... The art of being brilliant ..............................................................

80 80 NEW 81 81 82 82 83 83

CIMA on demand ............................................................................ 84

How to book Booking procedures . ...................................................................... 86 Booking form .................................................................................... 89

Strategic management 64 64 65 NEW 65 NEW 66 66 67 67 NEW

CONTENTS

Develop into a director ................................................................. The strategic accountant ............................................................. Business analytics ........................................................................... Shared services and outsourcing – what every accountant needs to know .......................................................... Managing business and financial turnarounds ..................... Joint ventures and strategic alliances ..................................... Accounting for carbon .................................................................. Carbon risk and strategy ..............................................................

70 70 71 71 NEW

Personal and management skills

Business skills Business cases that convince ...................................................... Strategy in action ........................................................................... Pricing strategies and value ........................................................ Strategic and sustainable procurement .................................. Achieving process excellence ..................................................... Lean finance ...................................................................................... Understanding and improving business processes ............. Project management in practice ............................................... PRINCE2® foundation certificate ............................................. PRINCE2® practitioner certificate ............................................ PRINCE2® re-registration course .............................................. PRINCE2® conversion workshop . .............................................

Finance for non-finance managers – essentials .................. Finance for non-finance managers – advanced . ................. Introduction to accounting ......................................................... Budgeting basics .............................................................................

We also offer a number of courses which are available in-house only. For more information visit: www.cimamastercourses.com/iht

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‘We have worked with CIMA to provide professional development for our employees. The high level of delegates’ satisfaction and the increased effectiveness in their jobs reflects CIMA’s ability to understand our needs and deliver an engaging practical course with clarity.’ Jenny Metcalfe, Group External Reporting Manager, Wm Morrison Supermarkets Plc

CIMA in-house training Bringing the training solutions you need to your organisation

How it works

CIMA in-house training provides a more personal approach to meeting your training needs. Our programmes are delivered by business experts specifically for your staff at your chosen location.

2. Tailor – once the speaker has been selected, they will work with you to clarify your learning objectives and tailor the solution to meet your requirements.

We recognise that talent development, management and retention are all key to an organisation’s success in a challenging and competitive marketplace. To drive your business forward, we consult with you regarding your organisation’s needs, and work with industry experienced speakers to create a unique training solution that meets your desired outcomes.

Why CIMA? Proven track record – we have over 25 years’ experience of helping organisations meet their training needs by providing in-house solutions.

1. Consult – a member of our team will discuss your requirements and help to build a training plan.

3. Organise – we take care of all arrangements to help your event run smoothly and efficiently, delivering maximum benefits for the participants and saving you time and effort. 4. Deliver – training is delivered at the location of your choosing as per the agreed plan. A post-event review will be carried out to ensure complete customer satisfaction.

Your options To meet your training requirements select one or more of the following: CIMA Mastercourses – choose from our public programme* for in-house delivery. View the full list of available courses at: www.cimamastercourses.com/courselist

In-depth experience – we identify the best speaker with extensive practical experience in your chosen topic so that you benefit from their in-depth industry knowledge.

In-house only courses – select from our in-house only training programmes at: www.cimamastercourses.com/ihtcourses

Value for money – courses are charged by event rather than per delegate, so it is a much more cost-effective solution if you have six or more people requiring training.

Bespoke – have a programme developed from scratch that will specifically meet your desired learning outcomes.

Customer services – we have a first class corporate business team which helps our clients to organise over 500 in-house courses per annum.

If you’re still not sure what you need, contact our in-house team who will be able to advise you and help identify the best solution for your needs.

*Excludes multi-speaker courses.

CIMA In-house training

CIMA on demand – Support your training with CIMA on demand, our range of online courses for additional pre- and post-course learning. Find out more at: www.cimaondemand.com

Clients include: Allied Bakeries Arthur J Gallagher (UK) Ltd Balfour Beatty Capital Barclays Bank Plc BBC Worldwide Ltd Betfair Group Plc

Boots UK Ltd Capgemini Consulting E.ON UK Plc EDF Energy Plc European Broadcasting Union Fred. Olsen Cruise Lines HM Land Registry HSBC

International Financial Management Association (Switzerland) JCB John Lewis Plc Kimberly Clark Ltd MITIE Group Plc Ministry of Defence National Health Service (NHS)

Novo Nordisk Ltd Oman Telecommunications Co (S.A.O.G.) Pfizer PricewaterhouseCoopers LLP Thales UK The Body Shop International Plc

The British Library The Royal Bank of Scotland Thomson Reuters University College London Warburtons Limited Waste Recycling Group Limited Wm Morrison Supermarkets Plc

Call or email us now on: T. +44 (0)845 026 4722 | E. inhousetraining@cimaglobal.com | www.cimamastercourses.com/iht

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CIMA Corporate Discount Scheme Your cost-effective commitment to training

For example:

Why join?

• y ou book on to Driving down costs. Using your CDS membership, you pay .......................... £415

• your CDS account balance .............................................. £2,905

How it works 1. Join – invest a minimum of £2,905 +VAT in the scheme. Over the next 12 months use this investment to book CIMA Mastercourses or conferences at discounted rates, or use it to pay for in-house training. There are no joining fees.

• w ith your discount you save (compared to the non-members price) ......................... £184 • remaining CDS account balance ................................... £2,490 With your minimum investment you can save up to £1,288 when you book seven one day CIMA Mastercourses. The more you book through your membership, the more you will save.

2. Book – the funds in your account can be used to pay for training for any employee within your organisation. Employees of organisations that are CDS members can also attend our Bitesize briefings free of charge.

Benefits

3. Top up – your account can be topped-up at any time, by any amount, so you can continue to benefit from the discounted rates for the duration of your membership.

• Regular updates on courses and special offers.

CIMA CDS membership ensures that you, your colleagues and staff keep up-to-date with the rapid changes in the business world and save your organisation vital funds.

• U se your investment to pay for a wide range of CPD events, including in-house training, CPD Academies, conferences and CIMA on demand.

Members include: AGCO Ltd Alliance Healthcare Arthur J Gallagher (UK) Ltd Barclays Bank Plc Betfair Group Plc

Bournemouth University BUPA International Canada Life Ltd Cargill Plc Chivas Brothers Ltd Fujitsu Services GDF SUEZ LNG UK Ltd Grand Central Railway Company Ltd

• Save up to 30% on all CIMA Mastercourses. • D edicated point of contact for your organisation’s training needs. • A regular statement to help you keep track of your investment and bookings.

Hitachi Data Systems HM Prison Service Howden Joinery Group Plc LeasePlan UK Ltd Ministry of Defence National Physical Laboratory NATO

Newcastle University NFT Distribution Holdings Ltd NHS South East Coast Novo Nordisk Ltd RR Donnelley Global Document Solutions Group Ltd Specsavers Optical Group Ltd

Sulzer Dowding & Mills Plc The Capita Group Plc The Royal Bank of Scotland United Biscuits UK Ltd Yorkshire & Humberside Area office NOMS

Call or email us now on: T. +44 (0)845 026 4722 | E. corporatediscountscheme@cimaglobal.com | www.cimamastercourses.com/cds

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CIMA Corporate Discount Scheme

Will you and/or your colleagues be booking five or more CIMA Mastercourses within the next 12 months? If so, you could save up to 30% per booking through CIMA’s Corporate Discount Scheme (CDS).

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Expert speakers

CIMA Expert speakers

We ensure that you benefit from the very best speakers. Our courses are presented by experts in their field who have extensive practical knowledge and experience of their subject area, which enables them to fully illustrate how the courses’ content can be applied to your work. Key speakers include:

Alan Barlow

Andrew Chambers

Alan has over 25 years’ experience at CEO and director level in a rich variety of businesses, including a FTSE 100 energy group, a mid-market international engineering group, and a Big Four accounting firm. He has advised, led and managed joint ventures across a range of sectors and countries, under private equity, Plc and partnership ownership structures. He also has a strong portfolio of non-executive directorships.

Described by The Times as ‘a worldwide authority on corporate governance’, Andrew runs Management Audit LLP which specialises in advising on audit and corporate governance. Author of over 15 books on auditing and corporate governance, he sat on the UK FRC’s Auditing Practices Board (2006-9) and is currently a member of the Fédération des Experts Comptables Européens’ (FEE) Corporate Governance and Company Law Working Party.

Aubrey Joachim

Bijan Tabatabai

Aubrey was elected the 76th president of CIMA in 2009-10, the first president from outside the British Isles in its 90-year history. His 30 years’ professional experience spans Asia, the Middle East, UK and Australia in senior finance positions with leading UK and US multinationals and a major Australian public sector utility. He now runs management workshops for leading conference companies and is a management coach, mentor, trainer and public speaker in worldwide demand.

Bijan has been a business consultant since 2002, developing tools to solve common chronic management problems and training practitioners to implement them. One such tool, the forecasters’ toolkit, was developed by Bijan in collaboration with Unilever Plc, and has successfully enabled Unilever to implement and maintain a more reliable, effective and transparent forecasting process.

David Parmenter

Garry Buick

David is an international presenter and published author with John Wiley & Sons (Winning CFOs and Key Performance Indicators). His thought provoking courses have led to substantial change in finance teams around the world. David is a leading expert in: the development of winning KPIs, implementing quarterly rolling forecasting and planning, fast close processes and decision-based reporting. He has also worked for Ernst & Young, BP Oil Ltd, PricewaterhouseCoopers and Arthur Andersen.

Garry has had extensive experience in management reporting and financial control. He worked with GlaxoSmithKline in a number of area finance director roles in the manufacturing division. He also worked in China as a key member of the implementation team for low-cost product sourcing. He is now a full-time trainer specialising in management accounting issues.

Gary Ashworth

George Fildes

Gary, Director of A1 Aspirations Ltd, specialises in advanced performance management. He has extensive implementation experience, has spoken internationally and been published widely on the subject through Pearson/Financial Times publications and Financial Management. He led the performance management practices in two of the major consulting firms over a number of years, and has since set up several successful commercial ventures.

George is managing director of Qualitas Training & Consultancy Ltd. He specialises in commercial and financial training that delivers profit-boosting and sustainable business improvement. With over 25 years in general management, George’s experience spans business management, logistics, customer operations and financial management. His training programmes give delegates the confidence to become more involved in the commercial aspects of the business.

Harry Macdivitt

Jean-François Lowes

Harry is director of Axia Value Solutions, a consultancy company specialising in helping companies to differentiate, price and communicate their offered products and services. Harry has assisted a large number of organisations with their pricing and general business strategies, including Nokia, BT, IBM, Lucent, Siemens, Philips, Boots, Xerox, Alstom Power and Michelin. He is co-author of The Challenge of Value (Arima 2010) and Value-Based Pricing (McGraw Hill 2011).

Jean-François has worked as a management consultant and trainer for nine years following 15 years in financial management, including working for Boots, Egg, Reuters, Safeways, Harveys of Bristol and the Carbon Trust. He has extensive experience of risk management, carbon accounting and strategic change. He and his co-presenter Jon Malcolm are currently carrying out carbon related consulting for two major hotel groups and a premiership football club.

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Linnet Sen

John has over 20 years’ experience during which he has undertaken ABC/M implementation work at a range of companies including Halifax Plc, British Airways, Seeboard Electricity, London Electricity, British Gas, ADNOC (Abu Dhabi National Oil Company), Sharwoods, Vauxhall Motors, IBC Vehicles, MATAV (Hungarian Telecom), Glasgow City Council, Royal Sun Alliance, NatWest, and Unilever International. His book ABC/M to the Max was published in 2008.

Linnet, Independent Fast Close Lead Practitioner, leads the planning and reporting team at Capgemini Consulting. Prior to this she led the UK and Ireland Hyperion practice for IBM Global Business Services and the financial consolidation and fast close solution team at Atos Consulting Ltd. In 1999 she led the first accelerated close project completed by PwC and has subsequently implemented a number of performance improvement projects in the group reporting and financial consolidation/fast close area.

Martin Zetter

Paul Clarke

A director working in the transfer pricing team at Ernst & Young, Martin has over 15 years’ experience as a transfer pricing specialist for some of the world’s major multinationals. In addition to setting up and managing a transfer pricing function for the largest Eurozone financial services group, he has successfully developed transfer pricing solutions for some of the world’s largest multinational groups.

Paul is head of the forecasting and budgeting practice at Develin Consulting. His 18 years’ consultancy experience has included projects in the logistics, financial services, manufacturing, utilities, IT and electronics industries as well as across the public sector and within higher education. For the past four years Paul has specialised in the development of better budgeting and forecasting practices and systems, and has successfully implemented them across a range of sectors.

Paul Thompson

Richard Mallett

Paul is one of the country’s leading presenters on credit management and telephone collection techniques, on which he has run over 400 courses and is widely recognised as a dynamic presenter. He is executive vice-chairman of Experto Credite, Credit Management & Training Consultants. Previously he had over 16 years’ senior management experience with blue chip companies such as Yell.com and BT.

In 2001 Richard was appointed CIMA’s technical director with responsibility for maintaining and enhancing CIMA’s authority in management accounting and related business areas such as financial reporting, corporate governance and sustainability. From 2001 to 2009 he was a technical adviser to the Professional Accountants Business Committee of the International Federation of Accountants. He also has wide commercial experience having been in senior finance roles at Boots, Reed Elsevier and Sainsbury’s, latterly as group financial controller.

Robin Bellis-Jones

Stephen Berry

Robin has over 25 years’ consulting experience at director and senior management level in a broad spectrum of organisations, with particular emphasis on performance management, reporting, planning and control. He is managing director of The Bellis-Jones Hill Group whose clients include Thomson Reuters, NHS, British Library, Environment Agency, Great Ormond Street Hospital, Skandia Life, Ministry of Defence, BUPA and Barclays Bank.

Stephen is a highly qualified speaker, strategy consultant, author, trainer and international MBA lecturer in business strategy. He is director of Neos Learning – one of Europe’s most innovative training companies. Previously a finance director and banker, Stephen brings his extensive business experience and practical skills rather than academic theories to his courses, which focus on training executives in strategic thinking and strategic development.

Stephen Hill

Sue Nugus

Stephen specialises in combating e-crime and fraud with 10 years’ experience, in his company Snowdrop Consulting Ltd, in internet fraud awareness, identity theft and fraud risk management. He is a trustee director of the ICAEW Fraud Advisory Panel and chairs the Cybercrime Working Group with colleagues from SOCA, The Home Office and the private sector. He previously spent 12 years heading the fraud and forensic group of a top 25 firm of accountants.

Sue is one of Europe’s leading trainers. Over a period of 20 years she has conducted numerous courses and seminars on a wide range of topics related to how to improve business performance through the use of information technology and telecommunications. Sue has authored and co-authored around 20 books, and is author of the CIMA/Elsevier publication Financial Planning with Excel: Forecasting, Planning and Budgeting Techniques.

Susan Cattell

Tony Grundy

Susan started her tax career as an inspector of taxes with the Inland Revenue. She subsequently qualified as a CTA and worked for KPMG for many years. Her roles with KPMG included advising a range of clients while working in a local office; presenting, developing and organising courses while working in the tax training department, and working as head of tax knowledge management, leading a team providing technical and knowledge support services to the business.

Tony has extensive experience of turnaround, restructuring, mergers and acquisitions, managing economic value, performance improvement and strategic cost management gained at KPMG and independently over 25 years. He has evolved a unique set of tools for developing and evaluating business and financial strategies. He has also been senior visiting fellow at Cranfield School of Management for 15 years, a visitor in corporate finance at Henley Business School and is the author of 17 books.

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CIMA Expert speakers

John McKenzie

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Section contents Issues CFO of the future: Finance leadership ................................................................ 10 Strategic management ....................................................... 11 Cost and profitability analysis ......................................... 11 Flexible planning and rolling forecasts . ........................ 11 Best practice measurement and reporting .................. 11 Influencing skills for CFOs ................................................. 12 NEW Information, insights and impact .................................... 12 Management accounting update – adding value beyond the numbers ............................. 13 20 major mistakes made by accountants – and how to avoid them .................................................. 13

Performance management The balanced scorecard ...................................................... 14 Performance management and measurement .......... 14 Implementing winning key performance indicators (KPIs) . ................................................................... 15

Costing and cost management Driving down costs ............................................................... 17 Activity-based costing and management – making it work in the real world ................................. 17

Control Margin management ........................................................... 18 Management reporting for decision making .............. 18 Quick month end reporting .............................................. 19 Financial management in SMEs ...................................... 19

The following Mastercourse is also available; for more information visit:

www.cimamastercourses.com/[enter course code]

Course code

Open book accounting ................................................ OBAC

Budgeting and planning Introducing the forecasters’ toolkit ............................... 15 Better forecasting and budgeting ................................... 16 Spreadsheet skills for forecasting, planning and budgeting ........................................................................ 16

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... . . ..........

r ee r ca

Management accounting All courses are available in-house – the following additional courses are available in-house only: • • • • • • •

Creating a public sector scorecard Establishing and implementing winning KPIs workshop Improve your budgeting process workshop IT financial management – including IT service charging Management accounting and reporting best practice Risk management for business partners Service line reporting and patient level information costing workshop • Spreadsheet skills for accountants – tailored workshops • Strategic management accounting We also have a range of courses tailored for NHS finance professionals. Email inhousetraining@cimaglobal.com for further information.

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Enhance your management accounting techniques to assist decision making in a complex business environment.

MANAGEMENT ACCOUNTING

... . . . . . . . . . ..

. ...... . . ion t a ber i l

‘I very much enjoyed participating in Implementing winning KPIs. It was very inspiring indeed.’ Eva Liebe, Senior Assistant, Strategic Quality Development, Novo Nordisk A/S

‘Excellent. Very relevant in the current economic climate.’ Craig Petrie, Financial Controller – Thales & Defence Security, C4I Systems UK

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CFO of the future – workshop series In today’s rapidly changing business climate the CFO’s role has never been more important. Their management colleagues (including the board) desperately need fast, frequent and relevant information to make important decisions daily and weekly. They are also demanding answers to difficult questions: which products, business segments and growth initiatives should we invest in? Which products and customers are strategic and profitable? How can we cut costs by 20-30% without affecting customer value? Is our strategy working and, if not, what action should we take? Which business teams are performing well and which are performing poorly? Which products and/or processes should we outsource? How are we performing today and what does the near-term future look like? Most CFOs struggle to answer these (and many similar) questions. The CIMA CFO of the future series will enable you to raise your game and take on more of a leadership role.

Who should attend? These workshops are aimed at existing and aspiring CFOs (including finance directors/controllers/managers, strategic/ business planners and anyone responsible for improving the finance and planning operations) who want to improve their knowledge and performance. They are applicable to both the private and public sectors.

What you will gain Based on many insights into how the best CFOs have improved their finance operations, this series provides the opportunity for you to take a career step-change in knowledge and performance. It will cover a wide range of topics including leadership, efficiency, strategy, profitability, planning and measurement.

This series of five one day workshops, spread out over the year, will enable you to supplement your knowledge with all the latest tools, techniques and best practices and enable you to drive positive growth and change inside your organisation. It could be the defining moment in your career.

Dates Workshop one – finance leadership Workshop two – strategic management Workshop three – cost and profitability analysis Workshop four – flexible planning and rolling forecasts Workshop five – best practice measurement and reporting

London 10 February 7 March 25 April 24 May 25 June

London 18 July 26 September 18 October 22 November 7 December

The workshops can be taken in any order, although it is recommended to do Workshop one – finance leadership first as this sets the scene. 6 CPD hours (where applicable)

Fees

MANAGEMENT ACCOUNTING Issues

Choose either an individual workshop or book the full series and save over 30% with membership of the CIMA Corporate Discount Scheme.

Non-members: CIMA members: Full series (with membership of the CIMA Corporate Discount Scheme):

£599 +VAT per workshop £539 +VAT per workshop £415 +VAT per workshop

Programme outline

Workshop one – finance leadership You need to rise above the basic accounting routines and become a change leader who can transform finance into a best-in-class operation. You need to make an honest assessment of how effective you are and prepare a vision and roadmap of where you want to be in a few years from now. And you need to take your team with you on the journey. This workshop will teach you: • H ow to develop a vision and roadmap for finance (aligning the CEO–CFO visions). • H ow to improve finance efficiency (how to cut out lowvalue work, increase quality and reduce costs).

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• H ow to improve finance effectiveness (how to turn finance into a valued and trusted business partner). • How to build your team. • H ow to use IT to build a best practice performance management system. • H ow to design and use a finance scorecard to set goals and action plans for finance and to measure performance progress. • C ase examples include Cisco Systems, GE, Handelsbanken and American Express. Book online at: www.cimamastercourses.com/FINL

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Programme outline continued

Workshop two – strategic management You need to become a key member of the strategy team at every level of the organisation. This means improving and using your knowledge of strategy tools (such as the balanced scorecard) and strategic decision making (how to allocate funds to the best opportunities) to enhance the strategy process. This workshop will teach you: • H ow to use the power of mission statements to guide management decisions and set ethical standards. • H ow to define success in terms of aspirational goals at every level of the organisation. • H ow to identify and focus on intangible assets and key value drivers to improve performance.

• H ow to use the three classic customer value propositions to agree your strategic position and align processes and measures. • H ow to use balanced scorecards to set goals, measure performance and align investments. • H ow to see the organisation through the eyes of a venture capital partner and encourage innovation. • H ow to lead a strategy review meeting, manage risk and encourage balanced decisions. • C ase examples include Whole Foods Market, Statoil, Handelsbanken and Southwest Airlines. Book online at: www.cimamastercourses.com/STMG

Workshop three – cost and profitability analysis You need to learn how to see beyond budgets and accounting statements to find where the deep cost reduction and profit-making opportunities are. This involves learning new practices and techniques, including ‘lean practice’ and ‘process mapping’ as well as the power of ‘transparent information’. This workshop will teach you: • H ow to learn from ‘lean’ practices (including value stream costing, target costing and lean accounting). • H ow to use process maps and cost drivers to identify and eliminate non-value costs.

• H ow to use lean practices in both manufacturing and service organisations. • H ow to find strategic and profitable products and customers (and deal with those that aren’t). • H ow to reduce expenses (such as travel, marketing, IT, etc.) using various techniques and practices including benchmarking, shared services centres, internal markets, outsourcing and peer scrutiny. • Case examples include Toyota, Handelsbanken and Fujitsu. Book online at: www.cimamastercourses.com/COPA

Workshop four – flexible planning and rolling forecasts

• H ow to set goals based on relative performance and realign rewards. • How to build a more dynamic strategic planning process

(including scenario planning). • How to lead a quarterly business review meeting. • How to design and implement rolling forecasts. • H ow to rethink the roles of the executive, support services and front line (value centre) team. • H ow to move towards a more devolved and adaptive (beyond budgeting) management model. • C ase examples include Handelsbanken, American Express and HCL Technologies. Book online at: www.cimamastercourses.com/FPRF

Workshop five – best practice measurement and reporting It is likely that your measures and reports are too slow, detailed and lack performance insights. Most managers don’t know where they are until two weeks after each month end. You need to raise your game and provide your partners with fast, frequent and relevant information. This workshop will teach you: • H ow to design team-based scorecards and align measures and rewards. • How to turn dumb KPIs into intelligent analytics.

CIM4322 - Management Accounting - R1.indd 2

• How to design ‘reports on a page’ and use trends. • H ow to use peer comparisons (including league tables and open peer reviews) to drive continuous improvement. • H ow to open up the information system and communicate results more effectively. • C ase examples include Southwest Airlines, Toyota, Telekom Malaysia and HCL Technologies. Book online at: www.cimamastercourses.com/BPMR

MANAGEMENT ACCOUNTING Issues

Many thought leaders believe that the present levels of uncertainty and turbulence are the new ‘normal’. That’s one of the reasons why many leaders are saying that the annual planning and budgeting process no longer makes any sense (it also takes too long, costs too much and adds too little value). So how do you break free from short-term targets and budgets and replace them with systems that enable the organisation to be more flexible? This workshop will teach you:

11 4/11/11 12:11:28

Influencing skills for CFOs

Information, insights and impact

Influencing with integrity and strategic intent

Influencing the decision makers

Who should attend?

New for 2012

CFOs – both existing and aspiring – and other senior finance executives and professionals keen to improve their ability to influence organisations, clients, teams and other leaders.

What you will gain

• t he ability to identify and address personal influencing strengths, weaknesses, opportunities and challenges

Programme outline This will cover the supply chain of reporting and look at best practices regarding:

Information

Programme outline

• Incorporating external information.

• T he change imperatives: growth, innovation, improvement, success, sustainability.

• Improved non-financial reporting.

• Strategic change agency: why, who, when, where, what, how.

• The increasing importance of analytics.

• Characteristics of decision-useful information.

Insights

• Mindset, attitudes and behaviour.

• S election of relevant management accounting tools and techniques.

• O rganisational culture: how to direct its evolution and shape it.

• Predictive accounting.

• R esistance to change: how to engage it, channel it, and overcome it when necessary. • Communication.

Impact • T he presentation and communication of information and insights in a clear and meaningful way. • Use of graphics and document design to have an impact.

• Inspiring great performance.

• Softer skills side of influence.

• Defining, planning for and achieving success.

MANAGEMENT ACCOUNTING Issues

Find out how to improve the quality and effectiveness of reporting to decision making authorities such as boards of directors.

• i nspiration and practical insights into change agency and how to influence change to achieve the desired results.

• Myths and realities of change management.

Available in-house

Finance professionals and others who seek to use their information, insights and influence to make an impact through improving decisions – and so make sure the finance team is seen as adding value rather than cost.

This intensive and highly interactive seminar is designed to give in-depth and hands-on exposure to the key concepts of how to influence with integrity and strategic intent. Enhance this critically important skills-set by developing:

• s pecific thoughts and ideas for applying improved influencing skills in your present position

Who should attend?

Dates

London 2 May 7 November

London 3 July 4 December

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/ICFO

CIM4322 - Management Accounting - R1.indd 3

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/IIAI

4/11/11 12:11:28

Management accounting update – adding value beyond the numbers

20 major mistakes made by accountants – and how to avoid them

The latest trends

How corporate accountants can work more smartly

Who should attend?

Available in-house

Who should attend?

Available in-house

Management accountants involved in budgeting, planning, analysis and decision support.

• F inance directors, chief financial officers and financial controllers, plus corporate accountants in all sectors.

What you will gain

• C onsultants and practitioners who offer services to corporate accountants.

• C onfidence that you are up to speed with current hot topics in the management accounting field. • R elevant updates on budgeting, management reporting and control.

Programme outline • T he latest trends and thinking in budgeting and rolling forecasts. • C urrent trends in the development and transformation of the finance function.

What you will gain Corporate accountants around the world have been making the same mistakes, year after year. Based on David Parmenter’s ground-breaking book Pareto’s 80/20 rule for corporate accountants, this course will give you a sound understanding of these mistakes and how to avoid them.

Programme outline The course will cover how to avoid such mistakes as:

• M anagement reporting and control – updates including the increased use of dashboard reports and non-financial KPIs and performance measures.

• having over 80 account codes for the P/L

• T he imperative for a focus on cash in today’s challenging environment.

• making the finance team a miserable place to work

• T he increasing importance of sustainability in decision making and external reporting.

• producing numbing monthly financial reports

• only forecasting to year end • breaking down the annual plan into 12 before the year starts • not investing enough effort and time into leadership • reporting on the wrong performance measures • allowing month end reporting to go past three working days • investing in a complex G/L and upgrading unnecessarily • giving budget holders an annual entitlement • budgeting at account code level • t aking months doing an annual plan – instead of ten working days • not producing daily/weekly decision-based reports • letting Excel dominate the finance system • not investing enough in accounts payable.

Bristol 5 July Glasgow 29 May

Dates London 20 January 23 February 17 April 13 June 21 September 5 November 19 December

Manchester 23 October

6 CPD hours (where applicable)

Fees Non-members: CIMA and ACCA members: Corporate Discount Scheme members:

5.5 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

This course is endorsed by ACCA UK.

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/MAUA

CIM4322 - Management Accounting - R1.indd 4

London 26 April 20 September

Book online at: www.cimamastercourses.com/TTMI

MANAGEMENT ACCOUNTING Issues

Dates Birmingham 23 March

13 4/11/11 12:11:31

The balanced scorecard For transforming your business performance

Performance management and measurement Principles and practices

Available in-house

Who should attend?

• C EOs, MDs, FDs and all other board/business unit members concerned with defining, articulating, communicating, and delivering an organisation’s transformational strategy to meet the critical business challenges ahead. • M anagement accountants, IT directors and others responsible for the preparation, analysis, interpretation and presentation of financial and non-financial information to help assure the delivery of the strategy.

Financial and other managers: • w anting to improve measurement, performance management and results in their organisations • n eeding an overview of the whole field of performance management, measurement and benchmarking • i ntroducing a performance measurement or management system or undertaking a benchmarking exercise • w anting to choose, design and implement measures, KPIs, benchmarks and targets

• C larity on why and how the balanced scorecard emerged, and what it is really trying to achieve.

• c oncerned about the cultural, behavioural and management implications.

• U nderstand and explore the critical and fundamental role of strategy maps and how to create them.

What you will gain • A good understanding of the principles on which effective performance measurement and benchmarking are based. • H ow performance measurement and management systems influence behaviours – for better and for worse.

• U nderstand how vision, strategy, objectives, measures, targets, initiatives, key performance indicators (KPIs) and their ownership can be brought together into one comprehensive and extremely powerful performance management framework to transform business performance.

• U seful techniques for choosing the right set of measures for your organisation.

• E xamine the broader organisational issues associated with successful balanced scorecard implementation.

• H ands-on practice of the techniques through exercises in which you try out what you have learnt in the context of your own workplace.

• E valuate the practical application of the balanced scorecard to your own organisation and discover how to become really focused on what to do next.

MANAGEMENT ACCOUNTING Performance management

Available in-house

What you will gain

• A cquire a powerful structure for inspiring high performance through building strategy-focused performance management information that can be cascaded throughout the organisation.

Who should attend?

• P ractical examples of how organisations have gone about performance measurement and benchmarking – both well and badly.

Programme outline

• T he challenges organisations face: the different types of performance management.

• B ackground, role, benefits and usage patterns of the balanced scorecard.

• O verview of different performance measurement frameworks.

• S tructure of the scorecard, the famous four perspectives and the critical role of strategy mapping.

• T he top down view: developing appropriate performance measures out of departmental or corporate goals.

• D etailed business case studies, including organisational cascades; showing how the use of scorecard principles can transform business performance and execute strategy effectively.

• The operational view: measuring and managing operationally.

• P ractical syndicate working to reinforce the key learning points. • B enefits of the successful adoption of a scorecard and key implementation considerations to explore.

• The role of benchmarking: getting value from it. • T he cultural implications, for managers, teams and individuals. • P ractical considerations in planning and implementing performance measurement: what to ensure and what to avoid.

• T he importance and use of personal action planning check-lists.

Dates London 23 March 28 September

Dates London 17 May 16 October

Manchester 23 November

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/IMBS

CIM4322 - Management Accounting - R1.indd 5

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/PMCI

4/11/11 12:11:31

Implementing winning key performance indicators (KPIs)

Introducing the forecasters’ toolkit How to radically improve your forecasts

Catch up with the latest thinking on KPIs Available in-house

Who should attend?

Available in-house

All those responsible for monitoring and reporting performance, particularly:

• F inancial directors, managers and accountants plus all others who produce, consolidate or receive forecasts.

• those involved in balanced scorecard implementations

• A ll involved in redesigning forecasting processes, particularly those seeking to replace a traditional budget-based ‘command and control’ management with a more agile externally-focused model.

• CEOs who want to link daily activities to strategy • c onsultants who wish to gain a new methodology in this important area.

What you will gain

What you will gain • A ground-breaking approach which will help you choose the right KPIs. • A n appreciation that not all KPI performance measures are ‘key’ to your business. • A n insight into the importance of identifying your organisation’s critical success factors.

• A proven approach to improving your forecasting – the forecasters’ toolkit – which is scientifically based but requires no significant investment in infrastructure or training, and will help you apply statistical concepts in a simple way. • S imple but effective forecasting tools which you can use immediately on your return to work.

• A road map to developing and reporting KPIs.

Programme outline

• A n understanding of why performance measures often fail to deliver.

• Characteristics of business forecasting.

• I n-depth white paper with templates and over 300 performance measures.

• H ow forecasting practices can support a more dynamic approach to performance management.

For years many private and public sector organisations have used what they thought were KPIs, but the measures have not had the impact that management and the board were seeking. Based on David Parmenter’s KPI book which has been a ‘top ten’ performance management book for three years, this course represents a chance to catch up with the latest thinking on KPIs.

• The principles of managing a forecasting process.

• Key forecasting terms and concepts.

• Forecast error, what it is and how we can use it. • Bias and other key measures of forecasting quality. • Introduction to the forecasters’ toolkit. • A practical approach to measuring forecast quality. • How to use simple, Excel-based, diagnostic tools. • How to design reliable and efficient forecasting processes.

Programme outline • W hat are the seven characteristics of key performance indicators? • How to find your organisation’s critical success factors. • The foundation stones of performance measures. • How to develop and use winning KPIs: the 12-step model. • P resenting team and executive scorecards, board dashboards, KPI intranet reports. • M arketing strategies to promote KPI development to your senior management team.

Dates

London 23 April 17 September

London 23 May 3 October

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/KPIS

CIM4322 - Management Accounting - R1.indd 6

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/IFCT

MANAGEMENT ACCOUNTING Performance management | Budgeting and planning

Who should attend?

15 4/11/11 12:11:31

Better forecasting and budgeting Improving the budgeting process

Spreadsheet skills for forecasting, planning and budgeting Improve your techniques

Who should attend?

Available in-house

Board members, senior managers and accountants with responsibility for budgeting.

What you will gain • A thorough understanding of the strengths and weaknesses of conventional approaches to forecasting and budgeting.

Who should attend?

Available in-house

• D irectors, managers, company advisers and other members of staff from all functional areas who have to develop departmental forecasts, plans or budgets. • B usiness advisers and analysts who need to advise or comment on business forecasts, plans and budgets.

• F rameworks, methods and techniques to implement a rolling forecast and to create a flexible and dynamic budgeting process.

What you will gain

• A thorough understanding of the ways in which forecasting and budgeting processes can drive change.

• T he ability to develop these management tools using spreadsheets on a personal computer.

Programme outline

• T ips on how to combine these techniques to obtain the most effective management information.

• W hy do we budget? Information for sources of capital; investor expectations; planning, control and improvement; financial planning. • A re budgets doing what we need them to do? The importance of diagnosis; the view from industry – recent evidence. • T he role of the rolling forecast: why have a rolling forecast? What has to roll? The information needed to make it happen; creating a forecast for revenue and expenditure; using a rolling forecast as a catalyst for change; its partnership with performance measurement systems. • W hat’s left for the budget to do? The need for planning and control; links with strategy; links to shareholder value; its relationship with the rolling forecast; creating a process, not an event; bringing clarity to accountability; the inclusion of risk. • E asing the burden and removing distractions: leadership and communication; roles and responsibilities; measurement and behaviour; organisational issues; the role played by systems. • Key steps in implementation.

• K nowledge of a variety of approaches to forecasting, planning and budgeting.

• A n introduction to the use of advanced spreadsheet techniques.

Programme outline • Focusing on improving your techniques. • F orecasting, planning and budgeting as part of the management accounting function. • B usiness forecasting: a review of some of the modern quantitative methods available including smoothing techniques; regression analysis and time series analysis; expected value calculations. • B usiness planning models: a look at available techniques including deterministic, stochastic and optimising models. • B usiness planning techniques: what-if analysis; backward iteration and risk analysis. • B udgeting techniques: producing budgets, actuals, calculating variances, producing year-to-date figures and consolidating reports; when to use multiple sheets and multiple files; consolidation options.

MANAGEMENT ACCOUNTING Budgeting and planning

The course uses large-screen demonstrations. Spreadsheets are demonstrated using Microsoft Excel but the course is relevant for Lotus 1-2-3 users.

Dates Birmingham 12 June

Dates London 17 July 6 November

Manchester 5 December

6 CPD hours (where applicable)

Manchester 1 May

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/BBUD

CIM4322 - Management Accounting - R1.indd 7

London 22 February 13 July 4 December

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members

Birmingham 13 November

Non-members: CIMA members: Corporate Discount Scheme members

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/SFPB

4/11/11 12:11:31

Driving down costs The intelligent cost manager toolkit

Activity-based costing and management – making it work in the real world Practical approaches that produce significant business benefit

Available in-house

• F inance managers will benefit from learning how the finance function can be a strategic leader on cost management.

Who should attend?

Available in-house

• H R managers will discover how to manage the cost of in-house staff.

Finance directors, financial controllers, management accountants, operational and commercial managers and change managers in all commercial sectors, plus public sector and not-for-profit organisations.

What you will gain

A toolkit of key ideas and cost management strategies, frameworks for analysing cost and practical techniques for implementing cost reduction. The course will cover both urgent one-time cost cutting and sustained long-term cost management. It will also address how to balance tough cost management with core values, team motivation and growth.

Real-world approaches to activity-based costing (ABC) and activity-based management (ABM) that can be implemented and sustained – this course draws upon practical experiences and case studies where ABC and ABM have really been made to work and produce significant business benefits.

• The internet and globalisation.

ABC and ABM are simple concepts and practical tools which create much greater transparency and understanding of an organisation’s operations, enabling management to take smarter decisions and drive real change and business benefits through to the bottom line. Yet consultants and software companies hijacked these concepts, like many other threeletter acronyms, and introduced impractical complexity, along with time and cost, into implementations, making them largely unworkable and unsustainable. This course gets back to the fundamentals and demonstrates how they can be practically adopted with a minimum of pain and fuss, and looks at the applications and benefits that result.

• L ateral thinking: how to turn conventional thinking about cost on its head.

Programme outline

Programme outline • Leadership: how managers can take the lead and set the tone. • T echniques and tactics: generalised ideas, approaches and analytical frameworks. • P eople: how to tackle the most difficult cost area, full-time staff and the role of HR. • S uppliers: all other cost categories, from raw materials to outsourced services.

• C ost management as strategy in areas such as M&A, pricing and new growth opportunities.

• What are ABC and ABM and what drives the need for them?

• A cost-cutting case study.

• P ractical ways to implement it yourself (KISS – Keep it simple, Stupid).

• ‘Intelligent’ v ‘unintelligent’ cost management.

• Cultural and human issues arising from implementation.

• Cost containment: how to pre-empt cost growth.

• T rue cost and profitability measurement and management (customer/product/channel).

• How the finance function can be a strategic leader on cost. • Cost in the public sector.

• Replacing internal recharges with internal service costing. • Activity-based approaches to budgeting made simple. • A pplying ABC/M knowledge to drive internal improvement and value creation. • Linking ABC/M to performance measures. • What to avoid.

Dates

London 24 April 4 October

London 15 May 17 October

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/DDCO

CIM4322 - Management Accounting - R1.indd 8

Non-members: CIMA members: Corporate Discount Scheme members

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/ABCM

MANAGEMENT ACCOUNTING Costing and cost management

Who should attend?

17 4/11/11 12:11:31

Margin management

Management reporting for decision making

To power profitable growth

A practical approach to producing the right information at the right time

Who should attend?

Available in-house

• A ll senior managers needing to ensure that profitability is proactively managed. • S ales and commercial managers concerned to maximise the conversion of sales opportunities into profitable business. • A ccount managers seeking to ensure that customers deliver the level of sales anticipated when discount structures have been agreed. • F inance managers keen to ensure that their business growth is not at ‘any price’. • A ll who want to find a common language between finance and sales.

What you will gain • Insight into a range of opportunities for profit improvement. • T he ability to increase margins without losing valuable customers. • K nowledge of margin management techniques that have worked for other well-known organisations.

Who should attend?

Available in-house

Finance professionals and other executives who are required to report data and information to support decision making within the organisation.

What you will gain • A n introduction to best practice in the effective and timely communication of information to all levels of management. • A guide to reporting KPIs which truly reflect business performance and will be critical in attaining the organisation’s goals and objectives.

Programme outline • W hy traditional management accounting techniques are often inadequate. • W hat, why, when and how information needs to be communicated to all levels of management. • Identification of KPIs that will really make a difference.

• Insights into how to win tenders and make a profit.

• T he imperative for external corporate reporting to align with management reporting – demonstrated by best practice examples.

Programme outline

• Dashboard design – pitfalls to avoid.

• Why effective margin management can be difficult.

• T he move towards rolling forecasts as a mechanism to better measure performance and ensure more proactive strategic planning.

• W hy gross margins can be misleading; knowing what the real margins are and what drives them. • A nalysing, reporting and managing profitability by customer, channel, sector, region and product. • U nderstanding the balance between the customer relationship and margins they generate. • P ricing – an assessment of the hidden profit improvement opportunities. • C ase studies of organisations that have grown both revenues and profits by focusing on customer profitability reporting and pricing process management.

MANAGEMENT ACCOUNTING Control

• R ecent developments in pricing and customer profitability analysis and reporting software.

Dates

London 27 March 5 October

London 16 July 30 November

6 CPD hours (where applicable)

Fees Non-members: CIMA and ACCA members: Corporate Discount Scheme members

Fees £599 +VAT £539 +VAT £415 +VAT

Non-members: CIMA members: Corporate Discount Scheme members

£599 +VAT £539 +VAT £415 +VAT

This course is endorsed by ACCA UK.

Book online at: www.cimamastercourses.com/MRMG

CIM4322 - Management Accounting - R1.indd 9

Book online at: www.cimamastercourses.com/MRDM

4/11/11 12:11:34

Quick month end reporting

Financial management in SMEs

By day three or less

Managing for long-term financial success in privately owned companies

Who should attend?

Available in-house

Everyone who wants to improve the timeliness of month end reporting to management and the board: • finance directors, CFOs and financial controllers • m anagement accountants, financial accountants and accounting technicians involved in month end reporting • p ractitioners who need to prepare timely month end reports for their larger clients. Organisations around the world spend far too long on month end reporting, while the real decision-based reports are those issued daily and weekly. Late reports are of no practical use. David Parmenter’s methodology, developed from fast reporting finance teams, guarantees day three reporting for the finance teams which apply it.

What you will gain Learn to: • c omplete your month end within three working days regardless of sector or in-house bottlenecks • i dentify the appropriate better practices to speed up month end routines • r un an in-house workshop to ‘post-it’ re-engineer month end processes

Who should attend?

Available in-house

Financial managers in small and medium-sized private companies, including financial directors, financial controllers, chief accountants and management accountants.

What you will gain • A greater understanding of the financial management and corporate governance needs of private companies. • A framework for financial management which you can adopt or adapt to your requirements. • S uggestions as to how you might enhance the value of the company to its owners and help them to realise that value. • P ractical ideas for coping with the current hostile economic environment. • A n opportunity to exchange views with others from the SME sector, and to discuss common problems and opportunities.

Programme outline • C reating a framework for managing towards strategic objectives. • Controlling the business and managing risk. • Coping with the current environment. • Funding the business and maximising value on exit.

• move the focus to reporting during the month • r evolutionise board reporting using twenty-first century better practices.

Programme outline • The major steps you can take before next month end. • How to reduce the content of the monthly report. • Steps you can organise within six months. • C ase studies on quick month end reporting (day one and virtual closing). • How to speed up board reporting.

Dates

London 25 April 19 September

London 9 July 9 November

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/QMER

CIM4322 - Management Accounting - R1.indd 10

Non-members: CIMA members: Corporate Discount Scheme members

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/FMPO

MANAGEMENT ACCOUNTING Control

• W orkshops on efficient month end routines, the bottlenecks, designing a dashboard for your board, the implementation issues.

19 4/11/11 12:11:34

Section contents CIMA CPD Academy ............................................................ 22 Corporate accountantsâ&#x20AC;&#x2122; updating programme .......... 22 A technical update for accountants in business ........ 23 Finance partnering workshop ........................................... 23

The following Mastercourses are also available; for more information visit:

www.cimamastercourses.com/[enter course code]

Course code

A finance directorsâ&#x20AC;&#x2122; update ......................................... FDUP CPD Executive Academy .......................................................... ...................................... www.cimaglobal.com/conferences

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CIM4322 - Accounting Updates Intro - R1.indd 1

4/11/11 12:13:09

.. .. .. .. .. .. .. .. ..

. .. . .. .. . . .. . ... . . . ... ............

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Accounting updates ‘The course was very beneficial, and I will put a lot of what I learnt into practice.’

Technical updates to ensure you have the know-how to deal with the evolving business landscape.

ACCOUNTING UPDATES

. .. ..

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Trevor Boland, Management Accountant, First State Investments (UK) Ltd

‘Extremely interesting, very worthwhile and helpful.’ Órla Nolan, Finance Director, Futura Electronics

CIM4322 - Accounting Updates Intro - R1.indd 2

4/11/11 12:13:12

CIMA CPD Academy A two day programme designed to achieve your annual CPD

Corporate accountants’ updating programme Choose the whole package or individual seminars to suit your own requirements

Who should attend?

• A ll accountants in business and the public sector looking to gain CPD.

Accountants wanting to learn about the latest changes to financial reporting standards and to gain an overview of recent taxation developments.

• S enior executives and managers with a wide portfolio of responsibilities.

What you will gain

What you will gain A comprehensive update on the latest issues of financial reporting and taxation.

• Maximum CPD learning in a cost-effective format. • C overage of a variety of topics designed to be relevant to your role and count towards or maybe even fulfil your annual CPD requirements. • Opportunities to network with fellow finance professionals.

Programme outline

Programme outline Day one – financial reporting Morning: financial reporting – update and refresher – part I. Afternoon: financial reporting – update and refresher – part II. Day two – taxation

Day one

Morning: employment and personal taxes update.

• Producing a good business case.

Afternoon: business and corporate taxes update.

• Ethics – cost or return. • IFRS – the most recent developments in standard setting. • Networking know-how.

The order in which the topics are presented varies. For details visit www.cimamastercourses.com/CAUP

Day two • I nsights into the future of finance and its implications for you. • T ools and techniques to uncover fraud, corruption and unethical business behaviour. • Case study: Apple Inc. in 2010. • Discussion and feedback. A new programme will be introduced in September 2012.

Dates London 19-20 March 14-15 June 6-7 September 3-4 December

Dates Cardiff 25-26 October

Manchester 25-26 June

Edinburgh 6-7 December

ACCOUNTING UPDATES

12 CPD hours (where applicable)

Fees (exclusive of accommodation) £749 +VAT £649 +VAT

Book all four seminars and pay just…

£549 +VAT

This programme is run by ACCA UK and endorsed by CIMA as suitable for members and their staff and colleagues.

Book online at: www.cimaglobal.com/conferences

CIM4322 - Accounting Updates - R1.indd 1

Manchester 29-30 November

16 CPD hours (where applicable)

Fees (exclusive of accommodation) Early booker (up to three weeks before the course) An additional £100 off the early booker price for previous academy delegates

London 15-16 May 22-23 November

£190 per half day seminar £152.50 per seminar

Book online at: www.cimamastercourses.com/CAUP

4/11/11 12:13:36

A technical update for accountants in business

Finance partnering workshop

Important new developments

Fast-track your finance career

Who should attend?

All accountants and business managers requiring a comprehensive and topical one day technical update.

Finance and accounting managers, management accountants, finance business partners, finance controllers and performance managers.

What you will gain Designed to provide you with a concise update while minimising the time you spend away from work, this popular technical update concentrates on the core areas of financial reporting and current tax, as well as other topical issues. The panel of experienced speakers will highlight the important technical changes that have taken place over the past 12 months and discuss their commercial implications. Comprehensive, practical and with the opportunity to have your technical queries answered by leading experts, this course will provide you with a complete technical update.

What you will gain Research undertaken by the CIMA Centre of Excellence at the University of Bath has identified the skills that will be most in demand for finance roles over the next five to ten years, and so will be required to move effectively into leadership roles. This workshop will focus on these skills and help delegates acquire a broad, strategic understanding of finance and accounting, organisational and management issues.

Programme outline Day one

Programme outline

• Introduction to the future of finance.

To ensure that the course content reflects all the key changes, the specific topics for discussion will be announced approximately 12 weeks before the course.

• A to Z of business partnering.

• Financial reporting update. • International accounting standards. • Corporation tax update. • Employee benefits/PAYE.

• Influence and change. Day two • Communication and presentation. • Product focus and innovation. • Career progression workshop.

Technical issues are underpinned with practical examples and comprehensive course documentation.

Dates

Visit: www.cimamastercourses.com/TUAB for details of dates.

London 19-20 April 27-28 September

6 CPD hours (where applicable)

12 CPD hours (where applicable)

Fees Visit: www.cimamastercourses.com/TUAB for details of fees.

Fees (exclusive of accommodation) Early booker (up to three weeks before the course)

£699 +VAT £599 +VAT

This course is run by CA Business Courses, the professional development division of The Institute of Chartered Accountants of Scotland, and recommended by CIMA as suitable for members and their staff and colleagues.

Book online at: www.cimamastercourses.com/TUAB

CIM4322 - Accounting Updates - R1.indd 2

Book online at: www.cimaglobal.com/conferences

ACCOUNTING UPDATES

Dates

23 4/11/11 12:13:36

Section contents Treasury Treasury – introduction ..................................................... 26 Cash management – introduction ................................. 26 NEW

Risk management

Corporate finance Credit management – what you need to know ........ 30 Working capital – why it matters .................................. 30 Fundamentals of transfer pricing ................................... 31 Effective transfer pricing ................................................... 31 Investment appraisal – introduction ............................. 32 Investment appraisal in practice ..................................... 32 Financing and investment strategy ............................... 33 A practical approach to private company acquisition ........................................................... 33

CIM4322 - Corporate Finance Intro - R1.indd 1

Course code Accounting for bankers ............................................... ACBA NEW Advanced options ........................................................ ADVO NEW Auditing of the treasury department ..................... AUDT NEW Audit and assurance update ...................................... AAUP Credit analysis level 1 .................................................. CTMT Credit analysis level 2 ................................................... CRAL Islamic finance – introduction ....................................... ISFI Project finance – introduction ..................................... PRFI Regulatory compliance – preparing for the FSA ARROW review ..................................................... REGC Valuation techniques ................................................... VLTQ Value for money auditing – an introduction for the public sector .................................................... VMAP

..... .......

Organisational risk management ................................... 27 NEW Fraud and corruption risk in business ........................... 27 NEW IT governance and security ............................................... 28 NEW Forensic accounting ............................................................ 28 NEW Internal audit ......................................................................... 29 Internal audit for effective assurance ........................... 29 NEW

The following Mastercourses are also available; for more information visit: www.cimamastercourses.com/[enter course code]

4/11/11 12:54:47

.. .. .. .. ..

Learn how to make the most effective corporate finance decisions and safeguard your organisation from risks.

.. .. .

ac hi

ev e

CORPORATE FINANCE AND TREASURY

. ... ... .... .... ..... ...... .......

Corporate finance and treasury

th e p erf ect bala nce .. . ........................ ‘I found Investment appraisal in practice incredibly useful: relevant, practical and presented in a surprisingly engaging and participative way.’

All courses are available in-house – the following additional courses are available in-house only: • Anti-money laundering • Managing the financial supply chain • Risk, control and assurance Email inhousetraining@cimaglobal.com for further information.

CIM4322 - Corporate Finance Intro - R1.indd 2

Landen Prescott Brann, CEO, The Hospital Club

‘Fact-based, good real-life examples from a well-informed presenter.’ Andrea Stephenson, Finance Manager, The Petcare Co Ltd

4/11/11 12:54:48

Treasury – introduction An overview of the main areas of treasury management

Available in-house

Who should attend?

Cash management – introduction The processes and their application explained

Who should attend?

New for 2012

All accountants, treasury and financial managers and internal auditors needing a fast track introduction to the key issues associated with treasury management.

Finance department members with the role of organising and controlling short-term cash in UK businesses.

What you will gain

A basic understanding of cash management issues in the corporate market.

• A solid grounding in the concepts and products used in treasury management within banks, companies and financial institutions.

What you will gain

Programme outline

• An explanation of the relevant terminology and jargon.

• Introduction: what is cash management?

• A n examination of the liquidity and risk characteristics of the different instruments.

• C omponents of cash flow: equity; capital expenditure; working capital cycle – debtors, creditors, stock.

• A n insight into current market dynamics and the role of the market participants involved.

• Cash flow forecasting.

• A n understanding of how instruments are inter-related and the opportunities this presents for arbitrage.

Programme outline • I ntroduction to basic financial maths; day count conventions; the time value of money. • T he money market: definitions of the money market and the role of participants; the inter-bank deposit market, domestic and offshore; establishing the cost of liquidity – LIBOR; money market instruments: time deposits, certificates of deposit (CDs), treasury bills, bills of exchange, commercial paper (CP); the repo market – different types and the motivations of the players.

• I nvesting surpluses: instruments available; yields; risk v reward – investment policy; bank relationships. • F inancing funding needs: options for funding; associated costs and conditions; bank relationships. • U sing the banking system: collection methods (e.g. direct debit); payment alternatives (e.g. BACS, CHAPS); cash concentration (e.g. pooling, sweeping). • Introduction to foreign exchange and interest rate hedging.

• T he role of the central bank and Bank of England open market operations. • S pot foreign exchange: an overview of the market and its uses; quotation of spot rates, key jargon explained; calculating cross rates. • F orward foreign exchange: forward foreign exchange defined; calculating forward foreign exchange rates; derivation of forward points; covered interest arbitrage.

CORPORATE FINANCE AND TREASURY Treasury

• F orward rates: forward rates agreements (FRAs) defined; calculating forward rates; settlement; uses in hedging.

• F inancial futures: futures defined; how do they work? Centralised counterparties and margining; currency futures; short-term interest rate (STIR) futures, compared to FRAs. • I nterest rate swaps: swaps defined; uses; pricing; their variations, including SONIAs. • O ptions: currency and interest rate options; uses in managing risk and basic strategies.

Dates London 16-17 January 12-13 March 15-16 May

Dates London 1 March 18 July 2 October

10-11 July 5-6 September 12-13 November

12 CPD hours (where applicable)

6 CPD hours (where applicable)

Fees (exclusive of accommodation) Non-members: CIMA members: Corporate Discount Scheme members:

Fees £1,230 +VAT £1,107 +VAT £980 +VAT

Book online at: www.cimamastercourses.com/TRIN

CIM4322 - Corporate Finance Section - R1.indd 1

Non-members: CIMA members: Corporate Discount Scheme members:

£615 +VAT £553 +VAT £490 +VAT

Book online at: www.cimamastercourses.com/CMIN

4/11/11 12:09:29

Organisational risk management

Fraud and corruption risk in business

Identifying, communicating and managing the consequences of organisational risk

How prepared are you?

Who should attend?

New for 2012

CEOs, CFOs, managing directors, general managers, finance managers, management accountants and other finance professionals, business development managers, business planning managers, sales and marketing managers, business unit managers, management accountants, audit and risk managers, engineering and HR managers.

What you will gain • A thorough understanding of the concepts of risks – good and bad!

Who should attend?

Financial and other managers in all companies: fraud affects business and government entities of all shapes and sizes, making prevention and detection everyone’s business.

What you will gain A review of the practical steps that your business can take to reduce the risk of fraud and corruption and ensure, for example, that your systems and controls are robust enough to deter/identify a fraud and that your data is secure. Fighting fraud is a challenge for us all – prepare yourself by discovering:

• S trategic management tools and techniques for analysing and evaluating organisational risks.

• how to identify fraud

• M ethods for quantifying financial risks: regression analysis; value at risk; scenario analysis.

• practical risk assessment techniques

• T ools and techniques to mitigate risks: market risk tools; credit risk tools; tools for managing financing, cash flow and liquidity.

New for 2012

• recent developments in fraudulent practice • the key points of the Fraud Act • how to respond to fraud • a police perspective on investigation and reporting.

• The details of investment and capital expenditure risks.

Programme outline

• A ppreciation of how to develop an Enterprise Risk Management (ERM) framework.

Programme outline

This interactive course is presented by an expert in this field who has spent the last ten years working closely with the UK police force, major investment and corporate banks, charities, the legal sector and large corporate entities advising and training individuals on anti-fraud measures and procedures. It will use real-life case studies and scenarios to discover:

• What is risk? And what is risk management?

• what is fraud? – an introduction

• The current business climate and risk.

• identity fraud – is your corporate identity safe?

• Strategic risks – the biggest challenge to organisations!

• staff fraud – who is working for you?

• S trategic planning and budgeting – opportunity to identify and mitigate risks.

• cybercrime – is your data exposed?

• A n understanding of the roles and responsibilities across the organisation for managing risks.

• Financial risks.

• introduction to corporate fraud – setting the scene • corporate fraud and case studies – the threats of fraud?

• Risk management frameworks.

• risk management – identifying the degree of uncertainty

• Risk reporting and governance.

• fraud response planning – prevention NOT reaction

Dates

London 22 March 24 October

London 20 June 14 November

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/OPRM

CIM4322 - Corporate Finance Section - R1.indd 2

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/FCRB

CORPORATE FINANCE AND TREASURY

Risk management

• the Fraud Act 2006 – summary of the key points.

27 4/11/11 12:09:29

IT governance and security

Forensic accounting Investigating the dark side of business

Protecting your most valuable assets

Who should attend?

New for 2012

Who should attend?

New for 2012

Financial and other managers in all companies: the largest to the smallest company can be affected by risks to their IT security – all can lose everything if they fall victim.

CEOs and their financial directors and controllers, internal and external auditors, plus other financial managers.

What you will gain

• Tools to identify, investigate and prevent fraud.

Find out how IT governance can help your organisation to design and implement best practice information security management systems (ISMS) that deliver identifiable returns on investment. The course will enable you to review your IT risk and security, and identify the practical steps your business can take to reduce this risk.

• An understanding of the law regarding fraud.

Programme outline This interactive course is presented by an expert in this field who has spent the last ten years working closely with the UK police force, major investment and corporate banks, charities, the legal sector and large corporate entities advising and training individuals on IT governance. It will use real-life case studies and scenarios to discover:

What you will gain

• How to interview suspects or witnesses. • Tools to analyse the accounts to identify fraud. Presented by a forensic accountant experienced in fraud investigations who is also a criminal barrister, the course will provide both an accountancy and a legal insight and include many true-life fraud case studies.

Programme outline • Case study to demonstrate ‘teeming and lading’. • Definitions of fraud and the burden and standard of proof. • An analysis of fraud and fraudsters in the UK. • W hat causes fraud – the fraud triangle: motivations and the Albrecht study showing how the fraud develops.

• What is IT governance? – an introduction • Is our data exposed, and the Data Protection Act • U nderstanding information security management systems – ISO 27001 • ISO 27001 case study • An introduction to PCI DSS • C omputer forensics – what are the threats and how to work with the police • Other IT legislation.

• T he law covering fraud: the Fraud Act 2006, Bribery Act 2010, other legislation. • F raud types: misappropriation of assets; financial statement fraud; third party fraud – mortgage fraud, Ponzi schemes, tax fraud. • How do we detect fraud and investigate it? • Indicators of fraud and warning signs to look out for. • Tools to analyse the financial statements to identify fraud. • W hat should you do when a fraud is detected? Should you go to the police? Prosecuting fraud – the criminal or civil route? • F raud interviews: the techniques of interviewing witnesses and suspects – how can this help you?

CORPORATE FINANCE AND TREASURY

Risk management

• A uditors – what are their responsibilities in relation to fraud: International Standard on Auditing 240 – what does it mean for auditors?

• P reventing fraud – the importance of accountancy controls – which ones work? • C ase studies demonstrating the importance of accountancy controls when a case goes to court. • The companies most susceptible to fraud – make sure it’s not yours. • F inally – 12 surprise control checks that can be used to help prevent fraud.

Dates

London 26 April 19 September

London 10 May 15 October

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/ITGS

CIM4322 - Corporate Finance Section - R1.indd 3

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/FUFA

4/11/11 12:09:33

Internal audit

Internal audit for effective assurance

The contemporary approach

Understanding governance processes, risk management and internal control

Who should attend?

Available in-house

Anyone needing a speedy induction or update on internal auditing. It is suitable for experienced internal auditors as well as those newly assigned to internal audit positions. Delegates from organisations of all sizes and all sectors will benefit from this course, which will focus on standards and best practice and also tackle emerging issues.

Who should attend?

New for 2012

• Finance and other managers. • Board members. • Risk managers, internal auditors and compliance officers. • Company secretaries.

What you will gain

The course is designed to be suitable for all for-profit sectors as well as for those from public bodies and not-for-profit entities.

• An understanding of what current auditing standards require.

What you will gain

• A grasp of effective internal audit planning and execution. • A guide to reporting internal audit results and follow-up.

• A n opportunity to get up to speed with the practical essentials of risk management.

• A n appreciation of the importance and approach to internal audit independence and objectivity.

• I nsight into corporate governance – especially what makes internal governance effective.

• How to achieve internal audit quality assurance.

• A n understanding of the meaning of internal control, what effective internal control achieves and how to ensure that control is effective.

Programme outline • Internal audit and the global financial crisis.

Programme outline

• Internal audit assurance and consulting roles. • Implications of internal audit independence, objectivity. • Proficiency and due professional care. • Understanding internal auditing standards.

• External aspects of governance processes. • B usiness ethics, values, culture and behaviour as aspects of internal governance. • I nternal processes for achieving effective governance of the organisation.

• Managing the internal audit activity. • Risk-based audit planning. • Planning and performing internal audit engagements.

• T he roles of different parties, including boards, management, risk managers, internal auditors and compliance officers. • The meaning of risk management.

• I nternal audit quality assurance and improvement programmes. • Communicating results.

• E ssentials for effective risk management within an organisation.

• Monitoring progress.

• Risk management tools.

• Resolving senior management’s acceptance of risks.

• Embedding risk management and making it enterprise-wide.

• Internal audit opinions.

• Risk management at board and board committee level. • Understanding internal control.

Dates Birmingham 5 December

Dates London 1 March 10 October

Manchester 3 July

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/IIAU

CIM4322 - Corporate Finance Section - R1.indd 4

London 2 May 7 November

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/IIEC

CORPORATE FINANCE AND TREASURY

Risk management

• The hallmarks of effective business processes.

29 4/11/11 12:09:33

Credit management – what you need to know

Working capital – why it matters

Effective credit management practice

Tools and techniques to improve cash flow

Available in-house

Who should attend?

• Staff currently, or about to be, involved in credit control and credit management at all levels. • Staff newly appointed to these areas. • Anyone in business wanting to improve their cash flow and reduce bad debts.

What you will gain • An affirmation of good credit control practices, including telephone collection techniques. • An appreciation of the skills needed to work effectively with the sales department. • An understanding of the different customer trading types and the laws relating to them. • The ability to select credit reference agencies and interpret their information. • Awareness of how to interpret company accounts with regard to credit management. • Knowledge of the laws governing litigation on unpaid debt.

Programme outline

What you will gain Help your company to make more of their cash flow through: • recovering cash from debtors, creditors, stock and work in progress by utilising credit control effectively, checking for discounts/rebates/retentions and duplicate payments for suppliers, reducing stock by JIT/Kanban techniques and understanding unbilled work in progress • improving customer demand chain, supply chain/reverse supply chain and inventory relationships • lowering overhead and increasing billable costs • presenting disclosure requirements that make investors/ stakeholders take notice

• Summarising good, basic credit control practices.

Programme outline

• Planning before the call.

• How working capital optimisation (WCO) impacts on cash flow: case studies – debtors, creditors, WIP, stock.

• Reaching the right person. • Analysing different trader types and the laws appertaining to them. • Memorandum and articles of association.

• Obstacles to optimising working capital: risk reviews. • What are the behavioural issues? Capacity; capability; maturity of the function, department, entity, organisation. • Tools to optimise WCO – major work steps: analysing and improving the working capital pipeline; product, service, customer net margin analysis; timescales and project resources.

• Indicators that trigger legal redress. • Obtaining a judgement. • Notification of insolvency. • Reservation of title.

• Future risks to working capital: CSR – the impact of new types of stakeholders; green; security threats; Single European Payments Area; natural (tsunami/drought), economic and political turmoil.

• The collection process.

CORPORATE FINANCE AND TREASURY Corporate finance

Accountants and treasurers at all levels – directors, senior managers, heads of finance – plus lawyers, project/programme managers, credit control, sales and purchase ledger staff, buyers and sales professionals. The course will be valuable to anyone responsible for managing any part of the cash conversion cycle (purchase to payment, order to cash, inventory to cash), and to organisations wanting to optimise their working capital.

• improving your credit rating and liquidity.

• Definition of credit control.

Available in-house

Who should attend?

• Financing working capital: debtors through factoring, securitisation; creditors through dynamic discounting/supply chain finance; stock via suppliers JIT/Kanban; work in progress through instalments/progress payments/milestones. • Bank/government views on working capital funding - Genesis Committee of Bank of England: Project Merlin; Business Growth Fund; Big Society Bank.

Dates London 19 April

Dates London 27 June

12 September

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £497 +VAT £447 +VAT £248.50 +VAT

Book online at: www.cimamastercourses.com/CRMA

CIM4322 - Corporate Finance Section - R1.indd 5

21 November

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/WCOM

4/11/11 12:09:33

Fundamentals of transfer pricing

Effective transfer pricing Risks and opportunities

A practical introduction to transfer pricing techniques Available in-house

Who should attend?

All needing an incisive insight into the mechanics of transfer pricing, including management and financial accountants, operational managers, financial managers and their junior tax staff in large and medium-sized groups in all sectors.

What you will gain

Available in-house

Who should attend?

• Financial directors and controllers with some knowledge of transfer pricing, needing an appreciation of the operational risks and strategic opportunities. • Tax specialists seeking an understanding of the advanced elements of transfer pricing.

An understanding of basic transfer pricing issues and how to deal with them, including how to:

Delegates should either have attended Fundamentals of transfer pricing or have a basic understanding of the area.

• perform the required analyses

What you will gain

• select and implement appropriate transfer pricing policies • know which evidence needs to be gathered

An understanding of advanced transfer pricing issues and how to deal with them, including how to:

• identify and manage transfer pricing risk

• integrate transfer pricing into business and tax strategies

• manage the audit and defence process.

• perform the required transfer pricing analyses

Programme outline

• select and implement appropriate transfer pricing policies • identify practical issues in business restructurings

• What is transfer pricing?

• know which evidence needs to be gathered

• Corporate objectives.

• identify and manage transfer pricing risk

• Transfer pricing methods.

• operate internal controls to manage transfer pricing risk

• Functional analysis.

• manage the audit and defence process

• Economic analysis and comparability studies.

• manage risk of double taxation.

• Intra-group services and HO expenses. • Cost sharing and cost contribution arrangements.

Programme outline

• Documentation.

• Comparability factors.

• Transfer pricing governance and control.

• Business restructuring.

• Adjustments and dispute settlements.

• PE existence.

• Audits and how to manage them.

• PE profit.

• Risk management.

• Intangibles and IP.

• Looking to the future.

• ‘Interesting countries’. • Thin cap. • Running an in-house transfer pricing function. • Common snags and mistakes: how to avoid them. • Planning and tax strategy. • Transfer pricing the treasury function.

Dates London 16 May

Dates London 21 June

9 October

6 CPD hours (where applicable)

Fees Non-members: CIMA and ACCA members: Corporate Discount Scheme members:

19 November

Fees £599 +VAT £539 +VAT £415 +VAT

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

This course is endorsed by ACCA UK.

Book online at: www.cimamastercourses.com/FOTP

CIM4322 - Corporate Finance Section - R1.indd 6

Book online at: www.cimamastercourses.com/ETPA

CORPORATE FINANCE AND TREASURY Corporate finance

• To APA or not to APA?

31 4/11/11 12:09:33

Investment appraisal – introduction

Investment appraisal in practice

Getting investment decisions right

Assessment, measurement and pricing of risk

Who should attend?

Available in-house

Senior executives, managers and accountants in both the private and public sectors needing a fundamental knowledge of investment appraisal plus an understanding of the external and internal implications of changes to financial policy.

What you will gain Knowledge of how to: • decide whether to proceed with a capital purchase or project (by using techniques such as net present value, payback and return on investment) • perform investment appraisal calculations • deal with real-life complications such as changing interest rates, irregular cash flows, relevant cash flows, working capital cash flows, inflation and taxation. This is covered in greater depth in Investment appraisal in practice.

Programme outline

CORPORATE FINANCE AND TREASURY Corporate finance

Available in-house

Finance staff and business managers who wish to enhance their knowledge of investment appraisal as well as its application for business. Attendance at Investment appraisal – introduction is recommended for those needing to understand the fundamentals.

What you will gain • A thorough understanding of investment appraisal techniques. • An appreciation of how to account for risk and uncertainty in investment appraisal. • Awareness of the qualitative issues relevant to the decision making process. • Recognition and understanding of some of the behavioural aspects of a decision making process.

Programme outline

• Basic investment appraisal techniques including discounted cash flows.

• The techniques of investment appraisal and the importance of going back to basics when undertaking advanced investment appraisal.

• How to develop these techniques.

• Relevance of qualitative issues in investment appraisal.

• How to take account of real-life complications in investment appraisal.

• How to deal with risk and uncertainty in planning.

Examples and case studies are included for you to put the techniques into practice.

Who should attend?

Dates Glasgow 16 May

• An understanding of the difficulties of undertaking investment appraisal in practice, such as forecasting accurately. The programme includes a number of case studies and examples.

Dates London 18 January 28 March 12 July 4 October 26 November

Milton Keynes 11 September

5.5 CPD hours (where applicable)

Milton Keynes 16 October

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/IAPI

CIM4322 - Corporate Finance Section - R1.indd 7

London 21 February 28 June 14 December

5.5 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Glasgow 17 May

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/IAPR

4/11/11 12:09:35

Financing and investment strategy Assessment, measurement and pricing of risk

Who should attend?

Available in-house

A practical approach to private company acquisition Discover how to improve the chances of success Who should attend?

All with responsibility for raising finance in their organisation and needing an overview or refresher of the key issues.

All those embarking on an acquisition strategy.

What you will gain

Acquiring a private company usually represents a significant investment, and the success rate is low. Subjective elements can be more important to the ultimate success of the investment than the balance sheet or earnings projections. This course will examine some practical approaches to private company acquisition, to improve the chances of success.

An understanding of the sources of finance available to businesses, including the capital markets, together with the issues involved in deciding an appropriate mix of equity and debt, plus an appreciation of the importance of working capital management to business.

What you will gain

• Insight into the possible pitfalls of acquisition.

Programme outline

• Understanding of the selection process.

• The sources of business finance.

• Awareness of key factors in a successful outcome.

• The capital markets.

• Review of the due diligence process.

• Capital structure and the cost of capital.

• Negotiating strategies.

• Working capital management.

• Review of private company valuation.

Examples and case studies are used to illustrate the techniques taught.

• The skills to structure the deal. • Understanding of post-acquisition strategies.

Programme outline • Practical examples of acquisition failures. • Leadership and followership challenges of an acquisition strategy. • Due diligence working papers. • Practical valuation techniques. • Negotiation options. • Structured deal shapes.

Dates

London 11 June 7 November

London 15 May 1 November

5.5 CPD hours (where applicable)

8 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/FAIS

CIM4322 - Corporate Finance Section - R1.indd 8

£480

This course is run by ACCA UK and endorsed by CIMA as suitable for members and their staff and colleagues.

Book online at: www.cimamastercourses.com/PPCA

CORPORATE FINANCE AND TREASURY Corporate finance

• Post-acquisition strategies – when the suits go home.

33 4/11/11 12:09:37

Section contents

CIM4322 - Financial Reporting Intro - R1.indd 1

IFRS – new and revised standards .................................. 36 IFRS – introduction .............................................................. 36 IFRS – advanced .................................................................... 37 IFRS – a comprehensive refresher .................................. 37 IFRS – first-time adoption workshop ............................ 38 IFRS – keeping up-to-date . ............................................... 38 FRSME – an introduction ................................................... 39 FRSME – a comprehensive understanding .................. 39 IFRS – a comparison with US GAAP .............................. 40 US GAAP – introduction .................................................... 40 UK GAAP – keeping up-to-date ...................................... 41 UK GAAP – a comprehensive refresher ........................ 41 Faster financial closing ....................................................... 42 Effective narrative reporting – getting your story right ...................................................................... 42 NEW Other courses ......................................................................... 43

4/11/11 12:10:08

.. ..

.. . .. . . .. . .. . . .. . .. . . .. . .

our e y fre i nt te po

.... ..

Financial reporting Keep up with new rules and regulations and enhance your understanding of financial reporting.

All courses are available in-house – the following additional courses are available in-house only: • IFRS for the NHS • IFRS – a comparison with UK GAAP Or we can tailor IFRS/IAS standards workshops – you specify the standards, we tailor the workshop. Email inhousetraining@cimaglobal.com for further information.

CIM4322 - Financial Reporting Intro - R1.indd 2

FINANCIAL REPORTING

..... .. ..

.. ..

‘The course was a real eye-opener, applying IFRS statements in the ‘big book’ to practical financial reporting.’ Cheryl Simpson, Project Accountant, Helius Energy Plc

‘Excellent overview and update of current UK standards which was very expertly delivered.’ Peter Penman, Senior Business Analyst, Edgen Murray Europe Ltd

4/11/11 12:10:09

IFRS – new and revised standards A concise update

Who should attend?

Available in-house

All needing to keep up-to-date with the significant changes expected to IFRS as the convergence programme with US generally accepted principles begins to gather pace.

What you will gain • A n overview of all the new and revised standards which will impact on the current financial year and beyond.

IFRS – introduction An overview and comparison with UK GAAP

Who should attend?

Financial accountants and controllers working towards preparing consolidated financial statements that comply with international financial reporting standards (IFRS), as all listed companies throughout the European Union are required to do. No prior knowledge of IFRS is presumed.

What you will gain

• P ractical advice on how to make the transition as smooth as possible.

• An introduction to IFRS.

By the end of 2012, the IASB is expected to have issued new and revised standards on financial instruments, revenue recognition and leases. All of these standards are likely to have a significant impact on all organisations.

Programme outline

Recently it has issued standards on consolidation, joint ventures, fair value measurement, employee benefits and presentation. All of these changes will affect current or future financial years.

Programme outline • New accounting standards.

Available in-house

• K nowledge of the basic differences between IFRS and UK GAAP. • The IFRS regulatory environment. • The format and contents of IFRS financial statements. • Commonly encountered balance sheet issues. • Commonly encountered income statement issues. • T he content and requirements of key IFRS and how these differ from UK GAAP. Some of the more complex standards are covered in more depth in IFRS – advanced.

• Recent amendments. • Annual improvements. • Recent IFRICs. • Other issues.

Dates

FINANCIAL REPORTING

London 15 March 8 May 5 July 18 September 8 November 7 December

Dates Manchester 13 June

Milton Keynes 4 October

Bristol 10 August

5.5 CPD hours (where applicable)

Manchester 22 May 21 November Milton Keynes 22 March

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/NARS

CIM4322 - Financial Reporting Section - R1.indd 1

London 26 January 21 February 19 April 21 June 18 July 14 September 18 October 12 November 14 December

5.5 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Birmingham 20 September

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/IFIN

4/11/11 12:10:23

IFRS – advanced

IFRS – a comprehensive refresher

An in-depth examination

An overview of all current standards

Who should attend?

Available in-house

Financial accountants and controllers involved in preparing consolidated financial statements that comply with international financial reporting standards (IFRS). The course will benefit those with a good working knowledge of the basics of IFRS, which can be gained from IFRS – introduction.

Who should attend?

Available in-house

Financial accountants and controllers with some experience of international standards needing a comprehensive but concise refresher.

What you will gain • Essential refresher of international reporting standards.

What you will gain • D etailed accounting and disclosure requirements in relation to defined benefit schemes, share-based payments, deferred tax, group issues and financial instruments. • Issues encountered applying IFRS in practice.

• T he main requirements of all extant standards (excluding industry specific standards). • P ractical examples and illustrations throughout to demonstrate key treatments required by the standards.

• Possible future changes.

• D etails of standards that apply for accounting periods beginning on or after 1 January 2012.

Programme outline

This two day course examines some of the more challenging areas faced by entities adopting IFRS. It will focus primarily on the standards dealing with group issues, employee benefits, share-based payments and deferred tax. An introduction to accounting for financial instruments is also given.

• IFRS reporting requirements.

The course is practical in nature and draws on real-life examples and case studies.

• Key requirements relating to financial instruments.

• First-time adoption of IFRS. • Format and content of the financial statements. • Key income statement issues and balance sheet issues. • Key disclosures. • Key group accounting issues. For details of recent developments please see IFRS – new and revised standards (page 36) and IFRS – keeping up-to-date (page 38).

Birmingham 8-9 October

Dates London 16-17 February 17-18 May 12-13 July 1-2 November 3-4 December

Manchester 19-20 June Milton Keynes 8-9 March

11 CPD hours (where applicable)

Manchester 27-28 March 25-26 September Milton Keynes 27-28 November

Fees (exclusive of accommodation) £999 +VAT £899 +VAT £799 +VAT

Book online at: www.cimamastercourses.com/IFAD

CIM4322 - Financial Reporting Section - R1.indd 2

London 17-18 January 28-29 February 24-25 April 26-27 June 24-25 July 4-5 September 29-30 October 17-18 December

11 CPD hours (where applicable)

Fees (exclusive of accommodation) Non-members: CIMA members: Corporate Discount Scheme members:

Birmingham 29-30 May

Non-members: CIMA members: Corporate Discount Scheme members:

£999 +VAT £899 +VAT £799 +VAT

Book online at: www.cimamastercourses.com/IACR

FINANCIAL REPORTING

Dates

37 4/11/11 12:10:23

IFRS – first-time adoption workshop

IFRS – keeping up-to-date The latest developments and proposals

How to get started with IFRS

Who should attend?

Available in-house

Anyone needing guidance on the first-time adoption of IFRS: if the ASB proceeds with its current proposals, many additional entities in the UK will be required or may choose to adopt IFRS in the near future. This course assumes some prior knowledge of IFRS and is suitable for those who have worked with IFRS in practice, studied IFRS as part of their professional exams or attended IFRS – introduction (page 36).

What you will gain IFRS 1 provides guidance on the first-time adoption of IFRS. This case study-based workshop looks at the requirements of this standard and will provide practical guidance on producing your opening IFRS balance sheet and restating your prior year financial statements to comply with IFRS.

Available in-house

Who should attend?

Financial managers with knowledge of IFRS and needing an update on the current developments and proposals for IFRS.

What you will gain The IASB and the US FASB have recently affirmed their commitment to developing a common set of high quality standards, and have set a goal of completing their major joint projects by 2012. Many changes to IFRS are therefore taking place, with new standards being issued and older standards being revised or replaced. This course will update you with the latest developments and proposals.

Programme outline • Recent exposure drafts. • Recently issued standards. • Recently amended standards.

Programme outline • C urrent proposals to extend the use of IFRS to additional UK entities.

• Recently issued IFRICs.

• How to identify key conversion issues. • H ow to create your opening IFRS balance sheet and exceptions from the normal requirements of IFRS that can be applied when producing it. • Presentation and disclosure requirements. • H ow to communicate the transition to IFRS to investors and other stakeholders.

Dates

FINANCIAL REPORTING

London 22 March 29 June 10 October 5 December

Dates Manchester 10 May

Milton Keynes 13 September

London 12 January (morning) 15 February (morning) 14 March (morning) 16 May (morning) 11 July (morning) 12 September (morning) 11 October (morning) 14 November (morning)

5.5 CPD hours (where applicable)

Milton Keynes 8 August (morning)

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/IFFT

CIM4322 - Financial Reporting Section - R1.indd 3

Manchester 14 June (morning) 6 December (morning)

3 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Birmingham 17 April (morning)

Non-members: CIMA members: Corporate Discount Scheme members:

£299 +VAT £269 +VAT £239 +VAT

Book online at: www.cimamastercourses.com/IFKD

4/11/11 12:10:24

FRSME – an introduction Preparing for the switch

FRSME – a comprehensive understanding The main requirements

Available in-house

Who should attend?

Those who may be required to prepare accounts under international financial reporting standards for small and medium-sized entities (IFRS for SMEs/FRSME).

What you will gain

Who should attend?

Available in-house

Those required to prepare accounts under international financial reporting standards for small and medium-sized entities (IFRS for SMEs) and needing a detailed understanding of the key areas.

Clarify the issues involved in IFRS for SMEs/FRSME, including:

What you will gain

• which entities can use the FRSME

A greater understanding of the issues involved in IFRS for SMEs/FRSME, including:

• what adopting the FRSME means for a UK company • which topics are excluded

• which entities can use FRSME • the future of UK GAAP

• which topics have been simplified

• format and content of the financial statements

• what disclosures are required.

• balance sheet issues

Programme outline

• income statement issues

This programme provides an introduction to the first set of accounting requirements developed specifically for small and medium-sized entities. The IFRS for SMEs reduces the volume of accounting requirements applicable to SMEs by more than 90% when compared to full IFRSs. This has been achieved by removing some accounting treatments permitted under full IFRSs, eliminating topics and disclosure requirements for recognition and measurement.

• disclosures

The UK version of this is entitled the FRSME (financial reporting standard for medium-sized entities). Here in the UK, the ASB has indicated that this standard will be adopted no later than 2014.

• group issues • financial instruments.

Programme outline The UK is gearing up for an end to UK GAAP as we know it, with the FRSs and SSAPs being replaced with the FRSME (financial reporting standard for medium-sized entities). On 9 July 2009 the International Accounting Standards Board published an IFRS designed to be used by small and medium-sized entities (SMEs). These are estimated to represent more than 95% of all companies. For these companies the application of the full IFRSs is a burden, with its implementation guidance and vast array of disclosures. In October 2010 the UK Accounting Standards Board issued an exposure draft on its version of this standard – FRSME. This course covers the main requirements of the FRSME and provides practical examples and illustrations throughout to demonstrate the key accounting treatments under it.

London 26 March (morning) 13 December (afternoon)

Dates Birmingham 28 May

Manchester 21 June (morning) Milton Keynes 12 September (afternoon)

3 CPD hours (where applicable)

Fees £299 +VAT £269 +VAT £239 +VAT

Book online at: www.cimamastercourses.com/IFSI

CIM4322 - Financial Reporting Section - R1.indd 4

Manchester 17 October

5.5 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

London 28 February 3 July 27 November

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/IFSC

FINANCIAL REPORTING

Dates

39 4/11/11 12:10:24

IFRS – a comparison with US GAAP The differences explained

Who should attend?

Available in-house

US GAAP – introduction An introduction to the vast area of US GAAP

Who should attend?

Available in-house

Anyone who is familiar with US GAAP and wants to gain a better understanding of how it differs from IFRS, particularly financial accountants and controllers working in companies with US parents facing the move from US GAAP to IFRS.

Those dealing with US parent or subsidiary organisations who require an understanding of the key differences between US and UK GAAP.

What you will gain

• Overview of the workings of US GAAP.

• An understanding of the IFRS regulatory environment.

• Differences between European and US financial statements.

• K nowledge of the format and contents of financial statements under IFRS.

• T he significant differences between accounting principles followed in the US and in the UK.

• K ey differences that currently exist between IFRS and US GAAP.

• A n outline of the US regulatory background, together with specific matters affecting the balance sheet, the income statement and key disclosures.

• The ‘roadmap’ for convergence between IFRS and US GAAP.

Programme outline The programme will compare and contrast US GAAP and IFRS, focusing on significant differences and how they are likely to be resolved in the future. A basic understanding and knowledge of US GAAP is assumed.

What you will gain

• I mproved communication with staff in your US parent or subsidiary.

Programme outline • The US regulatory environment. • T he format and contents of financial statements under US GAAP. • Commonly encountered balance sheet issues. • Commonly encountered income statement issues. • Disclosure issues. • The ‘roadmap’ for convergence between IFRS and US GAAP.

FINANCIAL REPORTING

Dates

London 29 March 14 June 20 November

London 5 March 6 September 19 December

5.5 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Milton Keynes 12 June

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/IACU

CIM4322 - Financial Reporting Section - R1.indd 5

Manchester 6 November

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/USIN

4/11/11 12:10:24

UK GAAP – keeping up-to-date

UK GAAP – a comprehensive refresher

An update on the latest developments and proposals

The standards, their problems and applications

Available in-house

Who should attend?

Available in-house

Who should attend?

Financial accountants and controllers who use published financial information or who prepare statutory accounts.

• F inancial accountants and controllers who use published financial information or who prepare statutory accounts.

What you will gain

• I t will benefit particularly those who are entering or returning to a financial reporting role and would benefit from a comprehensive but concise refresher of UK standards.

A comprehensive review of all recent developments in UK GAAP, including: • financial reporting standards

What you will gain

• exposure drafts

• An understanding of the UK regulatory environment.

• urgent issues task force abstracts

• A revision of SSAPs and FRSs.

• discussion and consultation papers

• A review of key UITF abstracts.

• review panel rulings

• An overview of key accounting treatments and disclosures.

• convergence with international accounting standards

• An update on convergence with IFRS.

• other technical developments

Programme outline

• likely future changes.

An essential refresher of UK financial reporting standards, the programme covers the main requirements of each standard and provides practical examples and illustrations throughout to demonstrate key treatments and disclosures required by the standards.

Programme outline The programme covers pronouncements from the past 12-18 months, explaining the implications of each new pronouncement and applying it in a practical context.

Birmingham 17 April (afternoon) London 12 January (afternoon) 15 February (afternoon) 14 March (afternoon) 16 May (afternoon) 11 July (afternoon) 12 September (afternoon) 11 October (afternoon) 14 November (afternoon)

Dates Manchester 14 June (afternoon) 6 December (afternoon) Milton Keynes 8 August (afternoon)

3 CPD hours (where applicable)

Milton Keynes 29-30 November

Fees (exclusive of accommodation) £299 +VAT £269 +VAT £239 +VAT

Book online at: www.cimamastercourses.com/UGKU

CIM4322 - Financial Reporting Section - R1.indd 6

London 25-26 January 22-23 February 20-21 March 23-24 May 18-19 June 10-11 September 25-26 October 10-11 December

Manchester 24-25 April 27-28 September

11 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Birmingham 30-31 July

Non-members: CIMA members: Corporate Discount Scheme members:

£999 +VAT £899 +VAT £799 +VAT

Book online at: www.cimamastercourses.com/UGCR

FINANCIAL REPORTING

Dates

41 4/11/11 12:10:24

Faster financial closing Improving financial reporting timescales without compromising data quality

Effective narrative reporting – getting your story right To enhance organisational value

Who should attend?

Available in-house

Who should attend?

New for 2012

Financial managers, accountants and controllers responsible for the closing process, particularly those from larger organisations or whose closing processes are time consuming and/or inefficient.

Any accountant or director who creates, influences, contributes to, or signs off an annual report or similar organisational document.

What you will gain

This workshop considers the purpose, evolution, and practicalities of narrative reporting; as required in all quoted, large and medium-sized companies. Organisations can use this as an opportunity to add value rather than simply comply, so the programme offers practical ideas on how to enhance organisational value through the use of effective narrative in addition to covering expectation and requirement.

• F ind out how you can significantly improve the reporting timetable within your organisation while maintaining the quality of information being provided. • E xamine the process, technology and cultural change issues which will have to be addressed. • A nalyse the benefits which can be realised by those organisations that have managed to reduce appreciably their reporting timescales. • G ain an insight, through case studies, into how leading organisations have radically re-engineered their closing process.

What you will gain

• A clear understanding of narrative reporting requirements. • T he ability to challenge and enhance the requirement for your organisation. • Exposure to a breadth of different approaches. • A desire to add value through the reporting process.

Programme outline

• W hy is faster financial closing needed? Current and future trends in reporting.

• Background, evolution, legal expectation.

• What makes financial closing complex?

• Differing stakeholder perspectives. • Telling the organisational story.

• Why do quick fix solutions rarely work?

• Aligning the players and their messages.

• What is current best practice?

• Reporting on an ever-changing dynamic.

• The benefits of faster financial closing. • H ow to improve the closing process in your organisation – an overview of project management, design and timing.

• Convention, challenge and differentiation.

• Process redesign. • Software for improved financial closing. • People and change management issues.

FINANCIAL REPORTING

Dates

London 18 June 12 December

London 2 July 10 December

6 CPD hours (where applicable)

8 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/FFCL

CIM4322 - Financial Reporting Section - R1.indd 7

£480

This course is run by ACCA UK and endorsed by CIMA as suitable for members and their staff and colleagues.

Book online at: www.cimamastercourses.com/EFNR

4/11/11 12:10:24

Other courses Course

Non-member £ Member £

CDS £

Course code

£299 +VAT

£269 +VAT

£239 +VAT

EBRC

Financial instruments – an introduction for the non-financial sector

£599 +VAT

£539 +VAT

£415 +VAT

FINF

Financial instruments – hedge accounting

£299 +VAT

£269 +VAT

£239 +VAT

HEDG

Financial instruments (IAS 39) – advanced aspects – recognition and measurement

£599 +VAT

£539 +VAT

£415 +VAT

FIAA

Financial instruments – IFRS 9 and the replacement of IAS 39

£299 +VAT

£269 +VAT

£239 +VAT

FINS

IFRS – group accounting – the revised business combinations standards £299 +VAT

£269 +VAT

£239 +VAT

IFGA

IFRS – key issues for the public sector – advanced

£599 +VAT

£539 +VAT

£415 +VAT

IFPA

IFRS – key issues for the public sector – introduction

£599 +VAT

£539 +VAT

£415 +VAT

IFPI

IFRS – new revenue recognition standard

£299 +VAT

£269 +VAT

£239 +VAT

IFNR

IFRS – non-current assets

£299 +VAT

£269 +VAT

£239 +VAT

INCA

IFRS – revised lease accounting standard

£299 +VAT

£269 +VAT

£239 +VAT

IFRL

IFRS – share-based payments

£299 +VAT

£269 +VAT

£239 +VAT

ISBP

IFRS – valuation of intangibles

£299 +VAT

£269 +VAT

£239 +VAT

IFVI

Pensions accounting – an introduction for accountants

£299 +VAT

£269 +VAT

£239 +VAT

PEIA

Public bodies – an understanding of IPSAS

£599 +VAT

£539 +VAT

£415 +VAT

PBIP

UK GAAP – charities

£299 +VAT

£269 +VAT

£239 +VAT

UKCH

UK GAAP – group accounting – advanced

£599 +VAT

£539 +VAT

£415 +VAT

GAUG

UK GAAP – group accounting – fundamentals

£599 +VAT

£539 +VAT

£415 +VAT

GAUU

UK GAAP – limited liability partnerships

£299 +VAT

£269 +VAT

£239 +VAT

UKLP

US GAAP – advanced

£599 +VAT

£539 +VAT

£415 +VAT

USAD

US GAAP – keeping up-to-date

£299 +VAT

£269 +VAT

£239 +VAT

USKU

FINANCIAL REPORTING Other courses

Enhanced business reviews under the Companies Act 2006

Learn more at: www.cimamastercourses.com/search simply enter your chosen course code into the search box

CIM4322 - Financial Reporting Section - R1.indd 8

43 4/11/11 12:10:25

Section contents Law The legal and regulatory framework ............................. 46 Commercial law issues for finance professionals ..... 46 Corporate governance overview ..................................... 47 NEW Corporate governance issues – for accountants and auditors ............................................................................ 47 NEW The role of the company secretary ................................ 48 Sustaining Sarbanes-Oxley ............................................... 48 NEW

Tax Corporation tax refresher and update .......................... 49 UK taxation of groups ......................................................... 49 Essential annual tax update .............................................. 50 VAT refresher and update ................................................. 50 International VAT – goods and services ....................... 51 VAT for charities ................................................................... 51 Income tax refresher and update – business tax ...... 52 Capital expenditure – getting the tax treatment right ...................................................................... 52 Other courses ......................................................................... 53

All courses are available in-house – the following additional courses are available in-house only: • Corporate social reporting • Taxation in the travel industry • Unlocking the hidden value in contracts • VAT in the financial sector • VAT in the retail sector Or let one of our expert tax and VAT specialists create a bespoke workshop for you. Email inhousetraining@cimaglobal.com for further information.

.. ..

CIM4322 - Law and Tax Matters Intro - R1.indd 1

4/11/11 12:14:27

LAW AND TAX MATTERS

Law and tax matters

.. . .

.. ..

.. .. .. .. .. .. .. ... .. .. .. .. .. ..

.. ..

Courses to help you with tricky tax issues and ensure your organisation achieves best legal and governance practice.

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. .. ..

kn ow l

.. . .

. .. . . edg .. . ‘Excellent content; the lecturer . e c .. . . omes . was very experienced, and created freedom .... a relaxed environment.’

Aasheesh Kasamali, Personal Tax Senior, Saffery Champness Chartered Accountants

‘Excellent mix of practical examples and theory.’ Jonathan Miles, European CFO, FGX Europe Ltd

CIM4322 - Law and Tax Matters Intro - R1.indd 2

4/11/11 12:14:29

The legal and regulatory framework

Commercial law issues for finance professionals

A refresher for the finance professional

A concise overview

Who should attend?

Available in-house

Who should attend?

The busy finance professional who needs to keep up-to-date with the rapidly changing legal and regulatory framework will find this an ideal way to get up to speed with recent developments.

Available in-house

The many finance professionals who come into contact with legal issues in a multitude of transactions and other scenarios.

What you will gain Practical insights into commercial law issues using an approach based on transactions, events and situations.

What you will gain • A n overview of the UK legal and regulatory framework and up-to-date knowledge of recent developments: essential as the legal and regulatory framework serves as the context for many of an accountant’s responsibilities.

Programme outline A short refresher on contract law followed by more detailed explanations of commercial law issues arising from situations including:

• A n insight into how law, regulation and standards interact in certain areas.

• m ergers and acquisitions: due diligence, warranties and disclosure; confidentiality and exclusivity agreements; heads of terms

Programme outline The course will cover relevant law, regulations and standards across several topic areas including:

• l oan documentation: loan agreement clauses including conditions precedent, representations and warranties, financial covenants and other undertakings, events of default; taking security

• GAAP reporting (UK and IFRS) • boards/directors/corporate governance

• c ommercial contracts: battle of forms; exclusion and limitation clauses; penalty clauses.

• narrative reporting – the business review • the external audit • internal control • The Bribery Act • administration. There will also be a summary of any other significant developments from bodies such as the European Union, the Financial Reporting Council, the International Accounting Standards Board and the International Federation of Accountants.

LAW AND TAX MATTERS Law

Linked

courses

Dates

London 18 June 19 November

London 19 June 20 November

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/LRFR

CIM4322 - Law and Tax Matters Section - R1.indd 1

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/COLA

4/11/11 12:12:23

Corporate governance overview

Corporate governance issues

An update on the latest developments

For accountants and auditors

Who should attend?

New for 2012

Who should attend?

New for 2012

Executive and non-executive board members plus those who serve and advise boards – whether as company secretaries, senior executives or internal and external auditors. This course provides an opportunity to catch up with the most important new developments in corporate governance that have emerged since the global financial crisis broke. Suitable for all sectors, and for with-profit, not-for-profit and public sector organisations, this half day course can be attended on its own, or in combination with Corporate governance issues.

Designed especially for accountants and auditors, this course will be suitable for finance directors, accountants, external and internal auditors. It is designed to be valuable for participants from all sectors, and from with-profit, not-for-profit and public sector organisations.

What you will gain

• A n opportunity to consider the roles and responsibilities of accountants and auditors in the build up to the global financial crisis.

This half day course can be attended on its own, or in combination with Corporate governance overview.

What you will gain

With particular focus on new developments: • a ppreciate the scope and importance of corporate governance

• A run through of contemporary corporate governance developments of particular concern for accountants and auditors.

• c onsider how high standards of corporate governance are achieved

• A consideration of accounting and auditing (internal and external) standards developments impacting upon corporate governance.

• a ppreciate the alternative approaches to corporate governance • u nderstand the responsibilities of shareholders, boards, individuals and management teams

• A reconsideration of the importance of external and internal audit, and of the finance and accounting functions, in ensuring high quality corporate governance.

• consider the roles and responsibilities of board committees • d iscover how to ensure that boards obtain the assurance they need.

Programme outline • W hy and how are finance, accounting and auditing specialists responsible for corporate governance?

Programme outline

• K ey governance issues arising from the 2010-11 House of Lords inquiry into auditing.

• C orporate governance principles: direction; accountability; transparency; oversight; integrity; independence; board balance.

• T he importance of financial, accounting and auditing experts on boards.

• C ontemporary developments including: corporate governance in the UK 2006 Companies Act; the FRC’s 2010 stewardship code; the FRC’s 2010 UK corporate governance code; the 2009 Walker review of corporate governance in financial institutions; latest UK reviews on internal control (Turnbull) and audit committees (Smith); latest EC corporate governance developments; corporate governance guidance for governmental bodies.

• B oard audit committees, their responsibilities and making them effective. • B oard risk committees, their responsibilities and making them effective. • K ey governance developments (EC, FSA, FRC) of special importance to financial, accounting and auditing specialists.

• E ffective boards and effective board members: board oversight of risk; board assurance; the key role of the chair of the board; board evaluation. • Board committees and making them effective. courses

Dates

London 13 June (morning) 11 October (morning)

London 13 June (afternoon) 11 October (afternoon)

3 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £299 +VAT £269 +VAT £239 +VAT

Book online at: www.cimamastercourses.com/COGV

CIM4322 - Law and Tax Matters Section - R1.indd 2

Non-members: CIMA members: Corporate Discount Scheme members:

£299 +VAT £269 +VAT £239 +VAT

Book online at: www.cimamastercourses.com/CGAA

LAW AND TAX MATTERS Law

Linked

47 4/11/11 12:12:23

The role of the company secretary

Sustaining Sarbanes-Oxley

Are you fulfilling your statutory obligations?

Cost-effective continued compliance

Who should attend?

Available in-house

Who should attend?

New for 2012

Company secretaries and assistant secretaries of medium and smaller companies registered under the Companies Acts, plus finance directors, chief accountants and administrators. The course will also be of value to those from public sector organisations who need an awareness of current companies legislation.

Finance managers with Sarbanes-Oxley (SOX) responsibilities, internal auditors and compliance officers in SOX-compliant entities, external auditors, other accountants and auditors who need an awareness of the Act and how it is implemented, including those working for a US company or a subsidiary of a US company.

What you will gain

• P ractical up-to-date knowledge of current companies legislation and the major changes introduced by the 2006 Companies Act.

• A n understanding of what the Act requires, and the 2007 changes to ‘SOX-lite’.

• A more acute awareness of actions company secretaries are required to take under the Act, and how.

Programme outline

• A practical guide on how you can implement s302 and s404 to achieve maximum value. • A grasp of the certification/reporting requirements of s302, s404 and s906. • W ays of approaching s302 and s404 compliance, and benefiting from this.

• Memorandum and articles. • Statutory forms, statutory registers and records.

• Criminal sanctions and the global reach of the enforcers.

• Company identity, seal, etc.

• SOX on audit committees and independent directors.

• Share capital; reports and accounts.

• Other SOX requirements and challenges.

• Meetings, resolutions and minutes. • Directors’ duties and responsibilities, board meetings. This practical seminar will provide you with a thorough and up-to-date understanding of the duties and responsibilities of a company secretary. The speaker will highlight the key aspects of company legislation with which the company secretary must be concerned, including the major changes made by the Companies Act 2006.

Programme outline • Introduction to the legislation. • Beyond s404 – other aspects of SOX. • P ractical methods and approach to meeting s404 compliance. • An introduction to identifying risks and evaluating controls. • A re Turnbull and co. satisfactory frameworks for s404 compliance? • C hanges to SOX and maintaining an efficient compliance programme. • U nderstanding external audit requirements, including Auditing Standard No. 5. • Ethics, fraud considerations and governance. • Costs and benefits of Sarbanes-Oxley compliance.

LAW AND TAX MATTERS Law

Dates

Birmingham 17 December

Dates London 7 February 7 September

Manchester 15 June

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/ROCO

CIM4322 - Law and Tax Matters Section - R1.indd 3

London 18 April 8 November

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/SSBX

4/11/11 12:12:23

Corporation tax refresher and update Your company pays tax – what do you know about it?

Who should attend?

Available in-house

This course will benefit accountants who need an up-to-date knowledge of the main principles and rules of corporation tax, but who do not require specialist knowledge. It will be particularly useful for those who have not dealt with corporation tax for a few years but are moving back into this area and need a refresher.

What you will gain A reminder of the fundamentals of corporation tax, an update on recent developments and examples of typical corporate tax issues arising.

Programme outline • Corporation tax basic calculations. • Self-assessment. • Trading profits. • Loan relationships. • C apital allowances including the major changes in recent Finance Acts. • Loss relief. • Intangible fixed assets. • Group relief.

UK taxation of groups Understanding how UK direct tax law applies to groups of companies

Available in-house

Who should attend?

This course will be of benefit to accountants and advisers working with groups of companies and involved with managing and planning their affairs. The course shows how UK direct tax law applies to groups of companies, whether small familyowned groups or large public companies. It assumes an understanding of the basics of corporation tax which can be obtained by attending Corporation tax refresher and update.

What you will gain The course begins by showing how the associated company rules affect the rate of corporation tax paid by group companies, and how they are affected by self-assessment. After dealing with capital allowance issues for groups, the course looks in detail at the key topic of group and consortium structures and the availability of group relief for losses. Recent developments in the taxation of non-UK profits are covered. The capital gains advantages of group structures are dealt with, together with the substantial shareholding exemption and also the pitfalls which can be encountered when purchasing companies with capital losses. Finally, the course covers the tax implications of various group transactions, such as the purchase and sale of subsidiaries, reconstructions within groups, and demergers.

• Group chargeable gains.

Programme outline

• Liquidations.

• Corporation tax rates and the effect of associated companies. • Groups and self assessment, including group tax payments. • C apital allowances in groups including anti-avoidance legislation. • Group structures and group relief for losses. • The interaction between UK group relief and EU law. • Consortium structures and the availability of loss relief. • A n overview of foreign dividends, the debt cap and foreign branches. • Group chargeable gains and losses. • Purchases and sales of subsidiaries. • D isposals of group companies and reconstructions within groups. • Overview of demergers.

Birmingham 16 May Bristol 16 April 12 October

London 18 January 20 February 2 April 29 May 20 July 23 August 26 September 16 November 10 December

Manchester 14 March 12 July 6 December Milton Keynes 1 October

5.5 CPD hours (where applicable)

Manchester 15 March 9 November

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/CTRU

CIM4322 - Law and Tax Matters Section - R1.indd 4

London 31 January 10 April 28 June 22 November 5.5 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Dates

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/UKTG

LAW AND TAX MATTERS Tax

Dates

49 4/11/11 12:12:23

Essential annual tax update

VAT refresher and update Is VAT damaging your finances?

Important new developments

Who should attend?

Available in-house

Who should attend?

Available in-house

This course is ideal for accountants working in practice or in industry who need to keep their tax knowledge up-to-date.

All accountants needing to understand VAT and its impact on their business.

What you will gain

A concise update on the year’s most important developments across the main taxes.

• A sound understanding of the fundamentals of VAT and how it applies in business.

Programme outline

• A chance to update yourself on important recent changes to VAT legislation, cases and practice.

• Corporation tax developments. • Business taxation developments, including capital allowances.

Programme outline

• Current developments in employee taxation, PAYE and NIC.

• The concept of value added tax.

• Personal tax changes.

• How and when a business needs to register for VAT.

• Significant changes in VAT.

• W hat is meant by input tax, output tax, taxable supplies, tax invoices and other VAT terms.

• Other tax developments of interest.

• Maximising the deduction of input tax. • The effect of exemption and partial exemption. • How common situations are treated for VAT purposes. • H ow to complete a VAT return and when and how VAT is payable. • Correcting VAT errors. • Overseas matters. • Special VAT schemes. • Administration and enforcement.

Dates

LAW AND TAX MATTERS Tax

Birmingham 12 June

Bristol 3 July 22 November

Dates London 24 January 26 March 16 May 14 August 19 October 6 December

Manchester 12 April 20 November Milton Keynes 13 September

5.5 CPD hours (where applicable)

Manchester 18 June 24 October Milton Keynes 12 December

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/EATU

CIM4322 - Law and Tax Matters Section - R1.indd 5

London 20 January 29 May 9 August 28 November

5.5 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Birmingham 24 April

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/VRAU

4/11/11 12:12:25

International VAT – goods and services

VAT for charities Helping charities to minimise their VAT burden

Including planning to minimise VAT costs Available in-house

Who should attend?

All accountants dealing with international supplies of goods and services and needing to understand how VAT operates on transactions both within and beyond the European Union.

What you will gain • An understanding of the structure of VAT under European law. • A n overview of how VAT operates in some of the UK’s main EU trading partners. • K nowledge of how the tax impacts on international supplies of both goods and services. • I n-depth examination of the rules relating to the various types of overseas services. • Insight into ways of planning to minimise VAT costs. This course assumes a basic understanding of VAT, and deals with the most commonly encountered international aspects of the tax.

Programme outline

Who should attend?

Charity officers and finance professionals who need to understand the impact of VAT on charities. A recent study showed that charities suffer £1 billion in irrecoverable VAT every year – and this was before the effect of the rise in the standard rate to 20%. This course will equip you with the knowledge of how to minimise this burden on charities.

What you will gain • A n understanding of how charities in the UK enjoy wide exemptions from income tax, corporation tax, capital gains tax and inheritance tax, but suffer heavy taxation when they spend the money donated to them. This is because there is no wide-ranging exemption for VAT, only a number of specific reliefs, many of which are very narrowly targeted. • C larity on how charities should arrange their affairs to make the most of these reliefs, and the VAT pitfalls they should avoid.

• H ow VAT is accounted for on transactions both within a country and outside.

Programme outline:

• The scope of VAT, and the various standard rates applicable.

• Business and non-business activities.

• T he operation of zero and reduced rates in different countries.

• VAT and charity fundraising.

• V ariations in the use of the ‘option to tax’ in land and financial transactions.

• VAT reliefs on charitable expenditure.

• T he obligation to register for VAT, and how this varies in other countries.

Available in-house

• The EU background and charity VAT law.

• Admission charges and supplies by charity shops. • Zero rating and reduced rating of buildings and construction. • Charities and listed buildings.

• M ovements of goods within the EU, including special reliefs such as triangulation.

• Exemption of cultural and sporting activities.

• Imports and exports of goods (outside the EU).

• VAT on international services.

• Health, welfare and education.

• T he rules on making and receiving cross-border supplies of services from 1 January 2011. • Accounting for the reverse charge on goods and services. • The tour operators’ margin scheme. • Refunds of out-of-state VAT. • Recent developments and cases in international VAT.

London 6 March 30 May 4 September 29 November

Dates London 5 March (afternoon) 2 October (afternoon)

Manchester 2 April 2 July 7 December

5.5 CPD hours (where applicable)

3 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/IVGS

CIM4322 - Law and Tax Matters Section - R1.indd 6

Non-members: CIMA members: Corporate Discount Scheme members:

£299 +VAT £269 +VAT £239 +VAT

Book online at: www.cimamastercourses.com/VPCH

LAW AND TAX MATTERS Tax

Dates

51 4/11/11 12:12:26

Income tax refresher and update – business tax Understanding the impact of income tax on business

Who should attend?

Available in-house

Capital expenditure – getting the tax treatment right Getting to grips with capital expenditure Who should attend?

Available in-house

Accountants needing a reminder of the key principles and rules which apply to income tax on business income.

Accountants and other professionals who advise on, or are involved with, capital expenditure by businesses in the UK.

Income tax on all other types of income is covered by Income refresher and update – personal tax: www.cimamastercourses.com/ITPT

What you will gain

The course assumes a basic understanding of tax computations for companies or unincorporated businesses – which can be obtained from either Corporation tax refresher and update (see page 49) or Income tax refresher and update – business tax.

• R efresh your knowledge of the fundamentals of income tax which apply to business income.

What you will gain

Programme outline

Capital allowances, after being relatively stable for over thirty years, have seen major changes in the last few years, culminating in much lower rates of allowances on plant, and the abolition of allowances on buildings. This course will ensure that you:

• Employed or self-employed – determining status.

• understand the implications of these changes

• The badges of trade.

• a ppreciate the interaction between capital expenditure on plant and buildings under the new regime

• Ensure you are up-to-date on all recent developments. • E xamples are used to demonstrate typical income tax issues, and planning possibilities are discussed throughout.

• C hoosing a business structure: sole trader, partnership or company. • Personal service companies and managed service companies. • The Arctic Systems case and the scope for income shifting. • Adjustment to profits. • Capital allowances on plant and vehicles.

• g rasp the impact of the new rules on the purchase of business cars and commercial vehicles • a re aware of the tax effects of the various methods of financing capital expenditure such as leasing, hire purchase, and raising borrowings.

Programme outline

• Relief for trading losses. • Basis periods on commencement and cessation. • I ncome tax self-assessment and the new penalty regime (including ‘three line accounts’).

• T he difference between revenue and capital expenditure and areas of difficulty in practice. • T he definitions of ‘plant’ in the Capital Allowances Act 2001 and case law. • Building alterations associated with the installation of plant. • F eatures integral to a building – the new category of plant introduced in 2008. • T he annual investment allowance – how it works and antiavoidance. • Writing down allowances. • The new rules for cars from 2009. • Capital allowance changes from 1 April 2012. • A llowances for leasing (and hire purchase) – compared to buying. • Capital allowances buying – anti-avoidance. • Treatment of finance costs.

LAW AND TAX MATTERS Tax

Dates

Bristol 18 April

Dates London 9 March 4 July 2 October

Manchester 7 June Milton Keynes 29 November

5.5 CPD hours (where applicable)

Manchester 13 June 8 November

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/ITBT

CIM4322 - Law and Tax Matters Section - R1.indd 7

London 2 March 3 May 29 August 3 December

5.5 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Bristol 2 April

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/CAPE

4/11/11 12:12:26

Other courses Non-member £ Member £

CDS £

Course code

Autumn tax update for tax professionals

£599 +VAT

£539 +VAT

£415 +VAT

ATUP

Autumn VAT update for tax professionals

£299 +VAT

£269 +VAT

£239 +VAT

AVUP

Capital gains tax refresher and update

£599 +VAT

£539 +VAT

£415 +VAT

CGTA

Dealing with HMRC – penalties, powers and appeals

£299 +VAT

£269 +VAT

£239 +VAT

HMRC

Direct tax for charities

£299 +VAT

£269 +VAT

£239 +VAT

DTCH

Employment status – getting it right

£299 +VAT

£269 +VAT

£239 +VAT

EMST

Employment taxes update

£299 +VAT

£269 +VAT

£239 +VAT

EMTU

Form P11D and other year end returns

£299 +VAT

£269 +VAT

£239 +VAT

FOPA

Income tax refresher and update – personal tax

£599 +VAT

£539 +VAT

£415 +VAT

ITPT

Inheritance tax planning – businesses, farms and family home

£599 +VAT

£539 +VAT

£415 +VAT

ITPB

Inheritance tax refresher and update

£599 +VAT

£539 +VAT

£415 +VAT

INTR

Introduction to Form P11Ds – determining the benefits and expenses

£299 +VAT

£269 +VAT

£239 +VAT

FOPD

NIC refresher and update

£299 +VAT

£269 +VAT

£239 +VAT

NICR

Payroll refresher and update

£599 +VAT

£539 +VAT

£415 +VAT

PRRU

Planning remuneration packages

£299 +VAT

£269 +VAT

£239 +VAT

PLRP

Practical aspects of expatriate tax

£599 +VAT

£539 +VAT

£415 +VAT

PAET

Quarterly tax update for tax professionals

£299 +VAT

£269 +VAT

£239 +VAT

QTTP

Saving tax with tax returns

£299 +VAT

£269 +VAT

£239 +VAT

STTR

Spring tax update for tax professionals

£599 +VAT

£539 +VAT

£415 +VAT

STTP

Spring VAT update for tax professionals

£299 +VAT

£269 +VAT

£239 +VAT

SVTP

Tax implications of adopting IFRS

£599 +VAT

£539 +VAT

£415 +VAT

TIAI

Tax planning for owner-managed businesses

£599 +VAT

£539 +VAT

£415 +VAT

TPOM

Tax planning for owner occupiers and buy-to-lets

£299 +VAT

£269 +VAT

£239 +VAT

TPOO

Tax planning via trusts

£599 +VAT

£539 +VAT

£415 +VAT

TPVT

Tax update for non-tax professionals

£599 +VAT

£539 +VAT

£415 +VAT

TPNT

Termination of employment – minimising the tax and NIC

£299 +VAT

£269 +VAT

£239 +VAT

TETN

The Construction Industry Scheme

£299 +VAT

£269 +VAT

£239 +VAT

CINS

Twilight tax update – business and corporate tax 2012

£299 +VAT

£269 +VAT

£239 +VAT

TWBT

Twilight tax update – personal and employee tax 2012

£299 +VAT

£269 +VAT

£239 +VAT

TWPT

UK trusts – introduction for finance professionals

£299 +VAT

£269 +VAT

£239 +VAT

UKTR

Understanding employment-related securities

£299 +VAT

£269 +VAT

£239 +VAT

UERS

Understanding residence, domicile and the remittance basis

£599 +VAT

£539 +VAT

£415 +VAT

URDR

VAT – planning, pitfalls and property

£599 +VAT

£539 +VAT

£415 +VAT

VPLP

VAT planning for commercial properties

£299 +VAT

£269 +VAT

£239 +VAT

VPCP

VAT planning for residential properties

£299 +VAT

£269 +VAT

£239 +VAT

VPRP

Learn more at: www.cimamastercourses.com/search simply enter your chosen course code into the search box

CIM4322 - Law and Tax Matters Section - R1.indd 8

LAW AND TAX MATTERS Other courses

Course

53 4/11/11 12:12:26

Section contents Business cases that convince ............................................ 56 Strategy in action ................................................................. 56 Pricing strategies and value .............................................. 57 Strategic and sustainable procurement ........................ 57 Achieving process excellence ........................................... 58 Lean finance ............................................................................ 58 Understanding and improving business processes .................................................................................. 59 Project management in practice ..................................... 59 PRINCE2® foundation certificate ................................... 60 PRINCE2® practitioner certificate .................................. 60 PRINCE2® re-registration course .................................... 61 PRINCE2® conversion workshop . ................................... 61

The following Mastercourse is also available; for more information visit: www.cimamastercourses.com/[enter course code] Course code HR for non-HR managers .......................................... HRNH NEW

Business coaching Benefit from one-to-one coaching and achieve the following: • improve overall personal effectiveness • build successful working relationships • prioritise and get things done

CIM4322 - Business Skills Intro - R1.indd 1

• communicate and influence effectively • improve business performance • gain a practical introduction to business ethics. Contact us to discuss your business coaching requirements: T. +44 (0)845 026 4722 E. inhousetraining@cimaglobal.com

4/11/11 12:17:56

. ..

.............. . . . . . .....

.. ..

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.. .

... . . ... ...

.. . . .. . . .. . ..

Business skills All courses are available in-house – the following additional courses are available in-house only: • C ommercial skills – strategic business simulation – from business analyst to business partner • Commercial skills development programmes • Corporate performance management and business intelligence • Decision making for finance professionals • From ledgers to leadership – developing business partnering for finance • Information that influences • Lean finance in a shared services operation • Strategies of the Serengeti • The changing role of the finance professional Email inhousetraining@cimaglobal.com for further information.

CIM4322 - Business Skills Intro - R1.indd 2

Discover best practice techniques to help you improve processes within your organisation.

BUSINESS SKILLS

ee fr

‘This was one of the most rewarding and interesting courses I have attended.’ Adam Rickard, Finance Manager, Carillion Private Finance

‘Well presented, good content, thought provoking and actionable.’ Rashid Khilji, Finance Business Partner, The Financial Services Authority

4/11/11 12:17:57

Business cases that convince

Strategy in action A case study based overview

Formulating and presenting a successful business case Available in-house

Who should attend?

Finance professionals and others who need to prepare, present and gain agreement for business cases.

What you will gain

Accountants and other executives who are, or who are soon to be, involved in the formulation and implementation of strategy.

What you will gain

Programme outline

• corporate appraisal

The programme aims to help you develop and present on the issues your customer – the decision taker – needs to know about, in a clear, rational and concise manner.

• strategic choice and evaluation

• Alignment and fit with strategy.

• s trategic tools you can use to analyse business risks and opportunities.

• Evaluation and financial appraisal of a short list. • Sensitivity analysis. • Implementation programme. • Identification and management of risks. • Realisation of benefits and post-completion reviews.

Dates London 10 May 6 December

• mission and objectives

• implementation, review and control • best practice business strategy techniques

This course looks at the process of formulating, evaluating, implementing and monitoring business strategies. Tools, techniques and theories that have been developed by the world’s leading strategists and used by many successful businesses are considered and discussed. A case study approach will be used to enable you to explore the practical use of these tools and techniques within a real business setting.

Dates London 21 May 12 November

Manchester 19 September

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/BUCA

CIM4322 - Business Skills Section - R1.indd 1

You will gain a better practical understanding of:

Programme outline

• Commercial rationale for recommendation.

BUSINESS SKILLS

Available in-house

An effective and practical framework for developing and presenting compelling business cases, which should significantly increase the probability of first-time approval.

• Generation and prioritisation of options.

Who should attend?

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/SBTE

4/11/11 12:17:36

Pricing strategies and value

Strategic and sustainable procurement

Helping managers make better pricing decisions

Unlocking the profit potential

Who should attend?

Available in-house

Who should attend?

Available in-house

• B usiness leaders and senior managers, particularly accounting, marketing, sales and general management executives.

Finance directors and managers who have functional responsibility for procurement or who wish to extend their knowledge of procurement practices.

• Business analysts, product management and pricing analysts.

What you will gain

• B usiness unit managers and managers of subsidiaries to whom pricing decisions are devolved.

What you will gain • U nderstand the advantages and disadvantages of the ‘conventional’ approaches to pricing, and how and where these should be applied.

Identify the key issues which influence procurement’s ability to operate strategically and make a positive impact on both the financial performance of the business and the management of supply chain risk, including: • t he role of procurement and how it can best contribute to your organisation

• A ppreciate customers’ real needs and wants in terms of enhancing your own value delivery.

• how to set a vision and strategy for procurement

• R ecognise how your organisation’s products and services can assist your customers’ value delivery.

• relevant procurement measures

• D iscover how to set a price which simultaneously captures this value but does not damage demand or lead to premature commoditisation.

• how best to organise the procurement function • t he key components of procurement capability and how to benchmark performance • t he basis of transactional procurement and improving efficiency

• D evelop a rational pricing strategy based securely on financial, competitive, economic and marketing principles.

• t he fundamentals of strategic procurement and sourcing processes.

• C ontribute more fully to pricing decision making processes in your company.

Programme outline • What is procurement and what makes it strategic?

Programme outline • U nderstanding value: importance of value in buying decisions; differentiation; the value proposition. • C ritique of contemporary pricing methods: cost-based pricing; competition-based pricing; customer-driven pricing. • V alue-based pricing (VBP): economic value to customer; calculating value-based price; VBP techniques. • C ase study: analyse a business situation and recommend, with justification, a course of pricing action.

• H ow does procurement impact on the profit performance of the business? • W hy should procurement be important for finance professionals? • Role of procurement and creating a vision. • Organisational design, structures and change. • Transactional procurement. • Strategic procurement. • Benchmarking procurement performance. • Measuring and reporting procurement performance.

Dates London 28 June 6 December

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/PRST

CIM4322 - Business Skills Section - R1.indd 2

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/SSPR

BUSINESS SKILLS

Dates London 26 June 16 November

57 4/11/11 12:17:36

Achieving process excellence

Lean finance Applying lean manufacturing techniques to the finance function

Lean Six Sigma (LSS) process improvement

Who should attend?

Available in-house

Accountants and other professionals. Senior, middle and junior managers will find this course useful if they are participating in or leading a business improvement project. It is relevant to all organisations of all sizes and types, across service industries (commercial and public sectors) and manufacturing.

Who should attend?

Available in-house

Senior executives, managers and accountants who are involved in sponsoring, planning and delivering business improvement projects.

What you will gain • T he ability to use lean tools to streamline and enhance the productivity and effectiveness of your organisation.

What you will gain • A clear understanding of why lean/Six Sigma thinking will contribute to business and operational effectiveness. • A n understanding of how a 100% improvement in quality is possible. • H ow to start a lean/Six Sigma programme: the keys to success. • Confidence in using statistical tools to improve quality. • H ow to avoid the pitfalls and problems with adopting a business improvement programme of this type.

Programme outline

• K nowledge of how to apply these tools, originally focused on manufacturing and production operations, to functional areas such as finance.

Programme outline • T he adaptation of lean from a manufacturing to a functional area such as finance. • Concepts underpinning lean manufacturing. • M ethods and approach; an introduction to some of the tools used. • P lanning for the successful implementation of a ‘lean culture’.

• T he history and evolution of Six Sigma management: business and operational benefits. • D eciphering the jargon: basics of statistical process control; understanding variation and variability; principles of measures and data; the use of financial metrics (RoSS). • S electing and using Six Sigma tools and techniques: customer alignment and quality function deployment; basic quality improvement tools; statistical and other tools. • O rganising and planning for Six Sigma: gaining ‘acceptance’; the role of training and education; gaining commitment; project selection and deployment.

BUSINESS SKILLS

Dates

London 12 July 3 December

London 15 June 26 November

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/SSIG

CIM4322 - Business Skills Section - R1.indd 3

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/LMTA

4/11/11 12:17:36

Understanding and improving business processes

Project management in practice Techniques for a successful outcome

To achieve operational excellence Who should attend?

Available in-house

Who should attend?

Available in-house

Senior executives, managers and accountants who are involved in sponsoring, planning and delivering business process improvement projects.

All who are involved in project work and would like a better understanding of the stages and principles of project management.

What you will gain

• T he tools to map business processes and to link them to the creation of value within the organisation.

Learn how to manage the stages of projects from definition to completion, and how to avoid common pitfalls throughout the process. These techniques can be applied to many areas of work, such as audit, consultancy, introducing new technologies and business process change.

• T he ability to standardise procedures and enable management to focus on true value adding processes and operations. • T he links between process mapping and the value chain and how this can be used to better manage the business, consequently increasing efficiency and reducing cost.

Programme outline • How to define a project and specify its outputs.

Programme outline

• H ow to plan to complete the project within budget, on time and to the required quality.

• U ses and limitations of process mapping and common problems.

• H ow to implement the plan, taking into account team issues, monitoring its progress, and taking corrective action.

• T he use of process maps to identify areas for process improvement.

• How to evaluate a project and hand over the completed work.

• T ools to be used in improvement, implementation and monitoring of processes.

• H ow to understand the advantages and common pitfalls of project working.

• Links between process maps and the value chain.

Dates

London 21 March 12 June 10 September 8 November 18 December

London 24 February 15 May 5 July 17 October 28 November

5.5 CPD hours (where applicable)

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/UIBP

CIM4322 - Business Skills Section - R1.indd 4

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/PMIP

BUSINESS SKILLS

Dates

59 4/11/11 12:17:37

PRINCE2® foundation certificate

PRINCE2® practitioner certificate

Understand and employ the most important concepts of the PRINCE2® project management method

Gain the full PRINCE2® practitioner certificate and a complete understanding of the methodology

Who should attend?

• Those managing small projects.

Anyone who needs to set up and manage complex projects or who is involved in large scale project work.

• Anyone who holds a junior project management role. • E veryone needing to participate fully and effectively within a PRINCE2® project.

What you will gain • C ompetence in the most important concepts, principles and themes of the PRINCE2® method.

What you will gain • C ompetence in describing and applying all the PRINCE2® project processes and principles, and tailoring each to a specific project. • The ability to set up and manage complex projects.

• G uidelines on how to monitor a project within the boundaries of the project plan.

• L earn how to identify and control risks throughout the project.

• I mproved participation in a project in accordance with the PRINCE2® method.

• D iscover the skills to monitor the objectives of a project and ensure a focus on quality is maintained.

Programme outline

• A n industry recognised qualification that acknowledges your expertise as a project manager.

• The relationship between a project and its business case. • D etailed explanation of the PRINCE2® principles, themes and processes. • R oles, associated tasks and responsibilities within a PRINCE2® project. • Structure and contents of a product-focused project plan. • The management of a project relative to the project plan. • Definition, management and acceptance of work packages. This programme is assessed and has additional pre-reading material. For a full list of requirements, visit www.cimamastercourses.com/PRIN

Programme outline • R elationship between the business case, programmes and the project. • P RINCE2® principles: continued business justification; learn from experience; defined roles and responsibilities; manage by stages; manage by exception; focus on products and tailor to suit the needs of the project environment. • P RINCE2® processes: starting up a project; initiating a project; directing a project; controlling a stage; managing product delivery; managing a stage boundary; closing a project. • P RINCE2® themes: business case; organisation; progress; quality; risk; plans. • Practitioner examination techniques. This programme is assessed and has additional pre-reading material. For a full list of requirements, visit www.cimamastercourses.com/PNCE

Dates Cotswolds 23-25 January 16-18 April Edinburgh 20-22 February 21-23 May

Dates Edinburgh 20-24 February 21-25 May

London 23-25 January 20-22 February 19-21 March 16-18 April 14-16 May 11-13 June

18 CPD hours (where applicable)

30 CPD hours (where applicable)

Fees (exclusive of accommodation)

Fees (exclusive of accommodation) £1,199 +VAT

Non-members, CIMA members and Corporate Discount Scheme members:

£1,699 +VAT

BUSINESS SKILLS

Non-members, CIMA members and Corporate Discount Scheme members:

London 23-27 January 20-24 February 19-23 March 16-20 April 14-18 May 11-15 June

PRINCE2® is a Registered Trade Mark of the Office of Government Commerce in the United Kingdom and other countries.

PRINCE2® courses are delivered by insights, an Accredited Training Organisation for PRINCE2®.

Book online at: www.cimamastercourses.com/PRIN

Book online at: www.cimamastercourses.com/PNCE

CIM4322 - Business Skills Section - R1.indd 5

4/11/11 12:17:38

PRINCE2® re-registration course

PRINCE2® conversion workshop

Retain your PRINCE2® practitioner qualification, update your knowledge and demonstrate your commitment to CPD

From foundation to practitioner certificate

Who should attend?

This course is suitable for PRINCE2® practitioners who passed their exam between three and five years ago and need to re-register to renew their qualification.

Project managers and those with a PRINCE2® foundation certificate, who want to revise and take the exam to become a qualified PRINCE2® practitioner.

What you will gain

• C ompetence in describing and applying all the PRINCE2® project processes and principles and tailoring each to a specific project.

• C ompetence in describing and applying all the PRINCE2® project processes and principles, and tailoring each to a specific project.

• L earn how to identify and control risks throughout the project.

• The ability to set up and manage complex projects.

• V alidation of an industry recognised qualification that acknowledges your expertise as a project manager for a further five years.

• L earn how to identify and control risks throughout the project. • T he skills to monitor the objectives of a project and ensure a focus on quality is maintained.

• U pdates on all the new elements in PRINCE2® introduced in 2009.

• F ull practitioner status – an industry recognised qualification that acknowledges your expertise as a project manager.

Programme outline

• Changes to PRINCE2® from 2005 to 2009.

The conversion workshop will build on the knowledge you gained at foundation level, so that you can reach all of the key learning objectives for the practitioner course.

• P RINCE2® principles: continued business justification; learn from experience; defined roles and responsibilities; manage by stages; manage by exception; focus on products and tailor to suit the needs of the project environment. • P RINCE2® processes: starting up a project; initiating a project; directing a project; controlling a stage; managing product delivery; managing a stage boundary; closing a project.

These courses are held by Reed Learni ng and endorsed by CIM A suitable for mem as bers and their staff and colleagues.

• P RINCE2® themes: business case; organisation; progress; quality; risk and plans. • Practitioner examination techniques. Eligible delegates must have previously passed the PRINCE2® exam between three and five years ago. Some experience in the use of and application of PRINCE2® is required. Note that this programme is assessed and has additional pre-reading material. For a full list of requirements, visit www.cimamastercourses.com/PRCE

Dates

Dates Cotswolds 26-27 January 19-20 April

London 26-27 January 23-24 February 22-23 March 19-20 April 17-18 May 14-15 June

Edinburgh 23-24 February 24-25 May

12 CPD hours (where applicable)

Fees (exclusive of accommodation) Non-members, CIMA members and Corporate Discount Scheme members:

London 26-27 January 23-24 February 22-23 March 19-20 April 17-18 May 14-15 June

Fees (exclusive of accommodation) £625 +VAT

Non-members, CIMA members and Corporate Discount Scheme members:

£799 +VAT

PRINCE2® is a Registered Trade Mark of the Office of Government Commerce in the United Kingdom and other countries.

PRINCE2® courses are delivered by insights, an Accredited Training Organisation for PRINCE2®.

Book online at: www.cimamastercourses.com/PRCE

Book online at: www.cimamastercourses.com/PNCW

CIM4322 - Business Skills Section - R1.indd 6

BUSINESS SKILLS

Edinburgh 23-24 February 24-25 May

61 4/11/11 12:17:40

Section contents Develop into a director ...................................................... 64 The strategic accountant ................................................... 64 Business analytics ................................................................ 65 NEW Shared services and outsourcing .................................... 65 NEW Managing business and financial turnarounds .......... 66 Joint ventures and strategic alliances ........................... 66 Accounting for carbon ........................................................ 67 Carbon risk and strategy .................................................... 67 NEW

CIM4322 - Strategic Management Intro - R1.indd 1

The following Mastercourses are also available; for more information visit: www.cimamastercourses.com/[enter course code] Course code Carbon reporting and footprinting .......................... CRBR NEW Introduction to the carbon market ......................... INCM NEW

4/11/11 13:00:45

......... chase your goals ..... . . . . ..... .. .... .. . ..

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. ... ....

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..... .. . ..

Strategic management Develop the strategic insight neces necessary to progress your career and enable yo you to contribute to your organisation’s fu future.

STRATEGIC MANAGEMENT

. ... .... ....

.. . ..

... ... ... ... ... .. .. .. .. ..

‘The (excellent) course tutor encouraged us to understand why strategic decisions are made.’ All courses are available in-house – the following additional courses are available in-house only: • Communicating strategy – why all plans should be burnt • Making strategy make sense • Strategies of the Serengeti Email inhousetraining@cimaglobal.com for further information.

CIM4322 - Strategic Management Intro - R1.indd 2

Chris Johnson, Regional Financial Controller, Covidien

‘Good – demystified this topic for me. The explanation of the link from strategy to individuals’ objectives was very interesting.’ Debra McDermid, Financial Controller, Capita Business Services Ltd

4/11/11 13:00:47

Develop into a director

The strategic accountant

Making the step change successfully

Using the skills of the accountant to add strategic value to your organisation

Who should attend?

Available in-house

Recently appointed and future finance directors in all sectors and sizes of organisation.

What you will gain A range of tips and tools to make the leap from manager to director successfully, including: • i nsight into how and why other board members see things differently

• F inance professionals who see the need for the accountant to move from counting to consulting and coaching.

• a refreshingly different approach to the accountant’s role in business strategy

• knowledge of the various stakeholders • awareness of directors’ governance responsibilities • u nderstanding finance – from the perspective of your non-financial board colleagues.

Programme outline • A ccountants and directors: the respective roles of the number two and one. • U nderstanding strategy: the aims and drivers of organisational strategy, examples of good and poor strategy. • Understanding how people behave at different levels. • U nderstanding the behavioural frameworks of other board members. • H ow behavioural conflicts from these different styles are generated and how to minimise them. • U nderstanding our stakeholders: consideration of stakeholder analysis and management. • Y our governance responsibilities: including an introduction to the CIMA Strategic Scorecard™. • P osition, options and risk elements of the CIMA Strategic Scorecard™. • Communication of finance to non-financial directors.

Dates STRATEGIC MANAGEMENT

• T hose who would like to acquire these skills with the aim of progressing their career.

Greater confidence in your ability to make a strategic input gained through:

• a n overarching view of organisational strategy and strategic direction

• A ccountants, financial managers and financial directors who wish to enhance their strategic thinking ability and strategic role.

What you will gain

• t echniques to positively challenge and develop organisational issues

Birmingham 2 October

Available in-house

Who should attend?

• a n appreciation of the different views of strategy and its impact on your business and role • a process for good strategic thinking and adding value to your business • a n overview of a range of practical tools for strategic analysis and formulation • a format for seeing the big picture and avoiding commercial myopia.

Programme outline • T he multiple roles of the accountant: scorekeeper, business coach, fire warden, Janus, navigator, journalist, policeman, stoker. • D ifferent views of strategy and how each impacts on the accountant’s role. • When strategy goes wrong: learning from others’ mistakes. • A process for quality strategic thinking. • A n overview of available tools in each area of the strategic thinking process. • U nderstanding holistic business: getting the whole business right, not just the parts. • Putting it into practice: action planning and next steps.

Dates London 9 February 14 June 13 November

Manchester 14 May

6 CPD hours (where applicable)

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/DEVD

CIM4322 - Strategic Management Section - R1.indd 1

Manchester 22 October

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

London 21 March 10 July 11 December

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/SRMA

4/11/11 12:12:05

Business analytics The essential tool for driving better results in organisations

Shared services and outsourcing – what every accountant needs to know How shared services, outsourcing and offshoring are redefining the finance function

Who should attend?

New for 2012

Who should attend?

New for 2012

• A nalytics will play a vital role in the future of finance, so CFOs, finance managers, management accountants and other finance professionals will benefit.

Any finance manager who is thinking about, planning or has implemented shared services and/or outsourcing – and wants to know what to do next.

• C EOs, managing directors, general managers, business development managers, business planning managers, business unit managers, sales and marketing managers, engineering and HR managers will discover how analytics can profit the whole organisation.

What you will gain

What you will gain A thorough understanding of the concepts of business analytics, and insight into how to: • u se the following management accounting tools and techniques for sophisticated analytics: activity-based costing, management, and budgeting; product profitability and customer profitability; priority-based budgeting and cost control; driver-based planning and budgeting; customer and market value analysis; demand-driven forecasting • influence all managers to think analytically • think strategically in a total context • deliver insight through analytics • monitor organisational performance in an analytical context • develop innovative business models

• G ain insight, through data and case studies, into the characteristics and best practices of ‘best-in-class’ finance functions. • U nderstand the different ways to structure the finance function, specifically in relation to shared services and outsourcing. • Discover the dos and don’ts of the shared services journey. • Learn what are the current trends and likely future direction. • A ppreciate how these changes will affect people in the finance function.

Programme outline The programme will cover the development and delivery of service delivery models including shared services, outsourcing and off-shoring, and will allow you to develop your own thinking to choose the right blend of these ingredients for you. It will lead you through the shared service/outsourcing maze and help you to decide: • Where are we in our finance journey today?

• use analytics to transform finance.

• What is our desired model for finance in the future?

Programme outline

• What do we need to do to deliver this successfully?

Data analytics will increasingly be recognised as the most important means of identifying the business drivers of the organisation and therefore the major influence on the financial outcome of the organisation. The programme will examine:

• What are the key stepping stones in the journey? • How will this affect the people in the finance function?

• the fundamentals of business analytics • e xploiting analytics using management accounting tools and techniques • building organisational strategy using analytics • business analytics and organisational success.

Dates London 19 June 29 November

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/BUAN

CIM4322 - Strategic Management Section - R1.indd 2

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/SSER

STRATEGIC MANAGEMENT

Dates London 19 March 23 October

65 4/11/11 12:12:05

Managing business and financial turnarounds

Joint ventures and strategic alliances

Adding real value to your business

How to win (even when divorce takes place)

Who should attend?

Available in-house

• D irectors, senior executives and experienced finance staff who wish to contribute to the strategic and operational development of their business, particularly those whose sectors are under pressure. • F inance professionals who wish to become a stronger business partner to their executive management team. Turnaround techniques can benefit all businesses, not only those in acute distress.

What you will gain

• D irectors, senior executives and experienced finance staff who wish to contribute to the strategic and international development of their business. • F inance professionals who wish to become a stronger business partner to their executive management team.

What you will gain An enhanced ability to contribute to successful international development, joint ventures and strategic alliances through:

• a turnaround toolkit for everyday use, detailing the phases of implementation

• a deep and practical understanding of business drivers and organisational structures and their role in joint ventures and strategic alliances

• valuable insights from past turnaround cases

• a negotiating framework for ensuring greater success.

• the chance to work on your own business issues

Programme outline

• a method of dealing with performance difficulties and dilemmas in a new way.

The programme is based on comparative case studies of Asian (Indian, Chinese (state and private), Korean, Japanese, overseas Chinese) and Western multinationals (USA, UK, French, German HQ corporates).

Programme outline • What is entailed in the turnaround process?

• J oint ventures and strategic alliances: rationale; forms of joint venture; reasons for failure; seven crucial areas to get right.

• Exploring the current position and the options. • How to be more innovative in thinking about your business. • P erformance diagnosis using performance driver and root cause analysis. • Examining your own business model. • Dealing with challenging environments. • Dealing with costs strategically with value and cost drivers. • M ajor turnaround case – Champneys: what happened, and why; the strategy audit; the role of stakeholder management and influencing.

Dates STRATEGIC MANAGEMENT

Available in-house

• i nsight into the differences between doing business with Asian and Western multinationals

Play a more proactive role in adding value to your business with:

Who should attend?

• B usiness drivers: the different business drivers, and what the impact can be when combining organisations with different balances of business drivers, both Asian and Western, in a joint venture. • O rganisational structures: differences, and how to combine them in a joint venture. • M anaging through negotiation: a negotiating framework for ensuring greater success.

Dates

London 11 July 27 November

London 4 July 15 November

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/MBFT

CIM4322 - Strategic Management Section - R1.indd 3

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/JVSA

4/11/11 12:12:05

Accounting for carbon

Carbon risk and strategy

Practical guidance for preparing corporate carbon reporting and product and service carbon footprints

Assessing, evaluating and managing carbon risk

Available in-house

Who should attend?

Accountants including finance directors, senior managers and those who have an interest in reporting their carbon emissions.

What you will gain • A n understanding of the implications of the Climate Change Act 2008 for corporate reporting. • A n up-to-date understanding of the carbon reporting legislation, which will be introduced in 2012. • H ow to prepare and present an organisation’s carbon report based on government guidance. • A n understanding of the different standards for carbon footprinting. • How to calculate a corporate carbon footprint. • How to calculate a product or service carbon footprint.

Programme outline • G overnment policy, legislation and the transition to the low carbon economy.

Who should attend?

New for 2012

Those who are, or expect to be, involved in assessing and evaluating the carbon risks for an organisation and identifying strategic options to manage those risks.

What you will gain This course considers in depth the risks arising from climate change and the looming energy supply crisis, suggesting adaptation and mitigation strategies. It looks at the price of carbon allowances, historical trends and reasons for significant movements. Clean technologies are explained in depth. The steps required to develop a carbon strategy are explained, as are the different carbon strategies and the implications of each. These are all illustrated with case studies and exercises.

Programme outline • C limate change risks: extreme weather events; precipitation patterns; identifying risks for a particular location; adaptation strategies. • Energy security risks.

• Climate Change Act 2008.

• The coming energy crunch.

• Carbon reporting under the Companies Act 2006.

• Supply chain risks.

• Corporate carbon footprints.

• Carbon legislation risks.

• GHG Protocol.

• The floor price of carbon.

• BS EN 16001 and ISO 14064.

• Carbon price trends.

• Defra/DECC guidance on greenhouse gas reporting.

• Carbon price risks.

• Examples of greenhouse gas reports.

• Clean technologies and their likely impact on organisations.

• Implications for business strategy.

• Other environmental issues, e.g. water use.

• Identification and evaluation of carbon risks.

• Social influences on competitive strategy.

• Product and service carbon footprints.

• Developing a carbon strategy.

• T hree exercises during the day to reinforce the concepts and techniques.

• C arbon strategies: carbon angel; optimiser; MACC pragmatist; reluctant. • Implications of the different strategies.

London 14 March 10 December

Dates London 25 April 24 July 3 October

Manchester 6 July

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

Fees £599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/ACFC

CIM4322 - Strategic Management Section - R1.indd 4

Non-members: CIMA members: Corporate Discount Scheme members:

£615 +VAT £553 +VAT £490 +VAT

Book online at: www.cimamastercourses.com/CRST

STRATEGIC MANAGEMENT

Dates

67 4/11/11 12:12:06

Section contents Finance for non-finance managers – essentials ........ 70 Finance for non-finance managers – advanced . ....... 70 Introduction to accounting ............................................... 71 Budgeting basics ................................................................... 71 NEW

The following Mastercourses are also available; for more information visit: www.cimamastercourses.com/[enter course code] Course code Business simulation . ....................................................... BSIM Company accounts – introduction . ......................... CAIN NEW Economics – introduction . ........................................... ECIN Essential maths – for business and management . ......................................................... BMAT Practical book keeping – case study ........................ PRBK

CIMA-accredited ‘train the finance trainer’ programme Train your own finance professionals to deliver training to their non-financial colleagues, and benefit from: • better understanding of finance by non-financial colleagues • improved financial management by non-financial staff • skills development of key finance staff

• cross-functional partnering and team building • cost savings by combining in-house knowledge with training skills. Please contact us to discuss your requirements:

T. +44 (0)845 026 4722 E. inhousetraining@cimaglobal.com

.. ..

CIM4322 - Understanding Finance Intro - R1.indd 1

4/11/11 12:12:46

Andrew Pieterse, Business Analyst, BP Plc

Understanding finance Courses to help non-financial staff develop their understanding of financial information.

.... bring

... . . . ..

UNDERSTANDING FINANCE

‘Insightful, interactive.’

opp ort uni ty to lif e . ... ... ...

Also available in-house – finance for non-finance professionals CIMA Mastercourses can come to your organisation and deliver a suite of financial or commercial awareness courses that will help non-accountants become more commercially aware and increase their understanding of the finance function. Organisations that have used these courses as part of their management development programmes include: • Balfour Beatty Capital • Betfair Ltd • Computer Patent Annuities Ltd • Cummins • Eaton • HBOS • Lloyds TSB Insurance • The NHS • Oman Telecom • QinetiQ • RSPCA • Wm Morrison Supermarkets Plc. If you are interested in running a financial or a commercial awareness course in-house, please contact us to discuss your requirements:

T. +44 (0)845 026 4722 E. inhousetraining@cimaglobal.com

CIM4322 - Understanding Finance Intro - R1.indd 2

4/11/11 12:12:48

Finance for non-finance managers – essentials

Finance for non-finance managers – advanced

An introduction to business finance

An intensive overview

Who should attend?

Available in-house

Who should attend?

Available in-house

Non-finance staff at all levels who need to develop a basic understanding of business finance.

Non-finance staff at all levels who need to extend their understanding of finance.

What you will gain

It will develop skills gained through attending Finance for non-finance managers – essentials.

• A n insight into finance, which will help you to contribute to your organisation’s success.

What you will gain

• A n understanding of the language used by accountants and of how financial statements fit together.

• A n understanding of profit, assets and liabilities, and cash flow.

Programme outline

• T he ability to read and draw conclusions from a balance sheet and profit and loss account and identify the sources of accounting disclosures.

• Basic financial terminology and key accounting concepts. • The flow of money in a business and how it is accounted for. • T he key financial statements (profit and loss account, balance sheet and cash flow).

• K now how to use a variety of analytical techniques to assess the accounts of a business in terms of profitability, solvency and risk.

• T he composition and contents of a set of financial statements (using real-life examples).

Programme outline • T he basics of profit and loss accounts, balance sheets and accompanying notes. • T he use of key accounting ratios in analysing the solvency and profitability of a business. • R evenue recognition, profit manipulation and measurement of assets and liabilities. • Margins. • Asset return ratios. • Interest cover. • Gearing. • Current ratios and working capital management. • ROE and ROCE. • Quality of asset backing. • I ntangibles v tangibles, with or excluding market revaluations.

Dates

UNDERSTANDING FINANCE

Birmingham 21 November

Bristol 6 July Glasgow 14 May

Dates London 12 March 19 June 21 August 12 October 11 December

Manchester 18 September

5.5 CPD hours (where applicable)

Manchester 25-26 July Milton Keynes 24-25 May

Fees (exclusive of accommodation) £497 +VAT £248.50 +VAT

Book online at: www.cimamastercourses.com/FATF

CIM4322 - Understanding Finance Section - R1.indd 1

London 26-27 March 26-27 June 10-11 September 27-28 November

12 CPD hours (where applicable)

Fees Non-members: Corporate Discount Scheme members:

Glasgow 18-19 October

Non-members: Corporate Discount Scheme members:

£999 +VAT £799 +VAT

Book online at: www.cimamastercourses.com/IOCA

4/11/11 12:11:50

Introduction to accounting

Budgeting basics For the non-specialist

A five day immersion for the non-specialist

Who should attend?

Available in-house

Anyone who needs a sound understanding of accounting.

What you will gain • A n understanding of how finance works and how it impacts on what you do. • Knowledge of basic financial tools. No background knowledge of finance or business is assumed. A practical approach is taken, with numerous examples being used to illustrate the key concepts.

Programme outline • The terminology used by accountants. • H ow financial statements are prepared, from double entry book keeping to the trial balance and period-end adjustments.

Who should attend?

New for 2012

• M embers of the finance team who are becoming more involved with budgetary control. • N on-financial staff who are, or are soon to be, involved in setting budgets and/or have budgetary responsibility and accountability.

What you will gain • A detailed understanding of the different types of budget and the advantages and disadvantages of each. • A n understanding of the issues arising in a budget process and how these can be addressed. • A practical hands-on case study of how a budget is put together and the likely areas for challenge and critique. • A ‘jargon buster’ to deal with the terminology and definitions within a budgetary control system.

• H ow to prepare a balance sheet and profit and loss account and how to interpret these primary financial statements.

Programme outline

• The difference between profitability and cash flow.

• T he master budget, the income budget, the capital budget, the cash flow budget, and the relationship between them.

• Introduction to financial accounting. • Books of prime entry and ledger accounting. • Trial balance and flow of information. • Bank control accounts, accruals and prepayments. • F ixed assets, stock adjustments, bad and doubtful debts and VAT.

• The purpose of planning, budgeting and budgetary control.

• T he various types of budget and their application including zero base budgeting, flexible budgeting and activity-based budgeting. • The derivation and agreement of assumptions. • Variance analysis and reporting. • A hands-on practical case study to work through to further develop an understanding of budgetary control. • R e-forecasting and how companies are approaching this in an uncertain environment. • C onsideration of the behavioural issues that can arise in a budgeting process. • An insight into the ‘beyond budgeting’ school of thought.

Glasgow 6-10 August

Dates London 27 February-2 March 23-27 April 2-6 July 10-14 September 3-7 December

Manchester 28 May-1 June Milton Keynes 22-26 October

27.5 CPD hours (where applicable)

Milton Keynes 11 December

Fees £1,450 +VAT £725 +VAT

Book online at: www.cimamastercourses.com/ITAC

CIM4322 - Understanding Finance Section - R1.indd 2

Manchester 20 June

6 CPD hours (where applicable)

Fees (exclusive of accommodation) Non-members: Corporate Discount Scheme members:

London 23 May 14 November

Non-members: Corporate Discount Scheme members:

£497 +VAT £248.50 +VAT

Book online at: www.cimamastercourses.com/BBPR

UNDERSTANDING FINANCE

Dates Bristol 16-20 January

71 4/11/11 12:11:50

Section contents Data analysis – with Excel ................................................. 74 Introduction to Microsoft Excel 2007™ ....................... 74 NEW Intermediate Microsoft Excel 2007™ ........................... 75 NEW Advanced Microsoft Excel 2007™ .................................. 75 NEW Introduction to financial modelling ............................... 76 Intermediate financial modelling .................................... 76 Advanced financial modelling using Excel and VBA ................................................................................... 77 Valuation modelling ............................................................ 77

The following Mastercourses are also available; for more information visit: www.cimamastercourses.com/[enter course code]

...

Course code Advanced Microsoft Excel XP/2003 ........................ AMET NEW Excel VBA for finance professionals ....................... MVBA NEW Intermediate Microsoft Excel XP/2003 ................. MEXT NEW Intermediate Microsoft PowerPoint 2007™ .......... IMPS NEW Intermediate Microsoft PowerPoint XP/2003 ....... IMPT NEW Introduction to Microsoft Access XP/2003 ............ INAT NEW Introduction to Microsoft Excel XP/2003 ................ IEXT NEW Introduction to Microsoft PowerPoint 2007™ ...... IPPS NEW Introduction to Microsoft PowerPoint XP/2003 ... IPPT NEW Introduction to Microsoft Project .............................. INPR NEW LBO modelling ............................................................... LBOM NEW Merger modelling . ....................................................... MRGM NEW Project finance modelling .............................................. RFM NEW

Six or more staff to train? Consider our customised and cost-effective in-house training option, available on the package of your choice.

CIM4322 - IT Skills Intro - R1.indd 1

Email inhousetraining@cimaglobal.com to discuss this option.

4/11/11 12:15:59

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...... ind m in e f i r l u o h y t i r w e e car r .. u o . plan y

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Practical workshops to give you the skills you need to take full advantage of changing business software.

IT SKILLS

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IT skills

â&#x20AC;&#x2DC;Very useful, looking forward to implementing the techniques learnt.â&#x20AC;&#x2122; Reeta Chand, Deputy Financial Controller, Birmingham City University

CIM4322 - IT Skills Intro - R1.indd 2

4/11/11 12:16:00

Data analysis – with Excel The advanced features and functions

Introduction to Microsoft Excel 2007™ How to maximise the new features to produce professional spreadsheets

Who should attend?

Available in-house

• A ll who use Excel on a regular basis wishing to learn more about performing various kinds of analysis.

New for 2012

Who should attend?

• S upport staff, finance professionals and analysts wanting to increase their functional knowledge of Excel.

Anyone who needs to understand the way Excel works. It’s suitable for complete beginners, or those who have a little self-taught knowledge but want to know how to use Excel more efficiently for day-to-day tasks.

What you will gain

• Quick tips to utilise the power of Excel more effectively.

• D iscover how to create spreadsheets, enter data, basic formulae and functions.

• I mproved analysis, reporting, data manipulation and searching skills. • E nhanced expertise in scenario analysis and simple automation.

• L earn to manipulate data by inserting rows, columns and sheets as well as move, copy and delete data. • A s printing in Excel is somewhat different from the other components of Microsoft Office you will learn how to set up data for printing and produce charts.

Programme outline • Time savers.

Programme outline

• Pivot tables.

• Explore the various new user interface elements.

• Data filtering. • Functions: logical; error; text; nesting (for increased power). • Scenario building.

• How to master the ribbon. • Learn the new keyboard shortcuts. • Working with contextual tabs.

• Conditional formatting.

• Use the Excel galleries.

• Simple automation using macros.

• Customise the interface. • Creating, opening and saving a workbook. • Inserting tables. • Formatting tables. • Creating forms with Excel 2007™. • Utilising Excel help. • Understanding basic formulae. • Entering Excel 2007™ functions. • Replicate formulae and functions. • Create an absolute reference. • Setting up data for printing. • Adding headers and footers. • R ecording the current date and time on the printed spreadsheet. • Turning your figures into charts. • Formatting charts.

Dates Birmingham 22 August Glasgow 6 November

Dates London 26 January 27 February 17 April 25 June 13 September 29 October 28 November 18 December

Manchester 17 May Milton Keynes 23 March

Fees Non-members, CIMA members and Corporate Discount Scheme members:

IT SKILLS

Fees

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/DAWE

CIM4322 - IT Skills Section - R1.indd 1

11 May 31 May 21 June

6 CPD hours (where applicable)

Non-members: CIMA members: Corporate Discount Scheme members:

London 16 January 3 February 23 February 13 March 2 April 20 April

£199 +VAT

This course is held by Reed Learning and endorsed by CIMA as suitable for members, their staff and colleagues.

Book online at: www.cimamastercourses.com/IEXS

4/11/11 12:07:47

Intermediate Microsoft Excel 2007™

Advanced Microsoft Excel 2007™

Learn how to use the new and improved conditional formatting

Become an expert user with the latest techniques and features

New for 2012

Who should attend?

All who have attended Introduction to Microsoft Excel 2007™ or have an understanding of the basics of Excel 2007™ and are looking to expand this.

What you will gain

New for 2012

Who should attend?

Those who have attended Intermediate Microsoft Excel 2007™ or have good knowledge and understanding of Excel 2007™ and would like to explore the more complex functionality it can offer.

• The ability to protect your data using the security features.

What you will gain

• A utomation of worksheets using Excel 2007™ lookup features.

• L earn how to use advanced ‘if’ statements and macros to automate repetitive tasks.

• I mproved interpretation of data by learning to create and customise graphs, including plotting trend lines.

• B e able to use analysis tools to forecast figures based on a range of scenarios.

• D ecision making skills using the ‘if’ function and conditional formatting.

• E nsure important data is highlighted by summarising large workbooks and sorting data into key elements.

Programme outline

• Setting up entire workbooks with group editing.

• Group and outline features.

• Analysing filtered data using the subtotal function.

• Linking worksheets.

• Using lookup statements.

• Goal seek to reverse-calculate a formula.

• Linking spreadsheets and workbooks.

• Creating single input data tables.

• ‘If’ statements and calculations.

• Setting up and manipulating scenarios for ‘what-if?’ analysis.

• All new conditional formatting features.

• Named ranges.

• Sorting and filtering data.

• Consolidating data by position.

• Attaching security to a spreadsheet.

• Text functions in Excel 2007™.

• Setting up and utilising templates.

• Nested ‘if’ statements.

• Utilising custom chart types.

• Use of lookup functions.

• Trace cell precedents and cell dependents.

• Use of logical functions.

• Count functions.

• Create a pivot table report.

• Auditing worksheets.

• Analysing data with pivot tables.

• Locate invalid data and formulae.

• Manipulate the pivot table. • Formatting pivot tables. • Creating pivot charts. • Grouping data in pivot tables. • Setting up database queries. • Connecting Excel to the web to import data. • Recording macros. • Edit a macro. • Creating buttons to run the macros.

Dates London 6 January 20 January 6 February 21 February 7 March 23 March

• Creating your own menu. 10 April 24 April 10 May 25 May 13 June 28 June

Dates London 30-31 January 23-24 February 26-27 March

6 CPD hours (where applicable)

12 CPD hours (where applicable)

Fees (exclusive of accommodation)

Fees £199 +VAT

Non-members, CIMA members and Corporate Discount Scheme members:

£350 +VAT

This course is held by Reed Learning and endorsed by CIMA as suitable for members, their staff and colleagues.

IT SKILLS

Non-members, CIMA members and Corporate Discount Scheme members:

26-27 April 22-23 May 25-26 June

Book online at: www.cimamastercourses.com/MEXS

Book online at: www.cimamastercourses.com/AMES

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Introduction to financial modelling

Intermediate financial modelling

How to construct financial models

Modelling best practice

Who should attend?

Available in-house

Those who have a basic knowledge of Excel and are, or expect to be, involved in any type of financial modelling and forecasting. The workshop is particularly relevant to corporate and project financiers, finance and project managers, accountants and bankers. A basic knowledge of financial statements and Excel is assumed.

What you will gain

Who should attend?

Available in-house

Those who are already familiar with Excel and its functions, who are looking to enhance their ability to build financial models and to review and analyse other models. A basic knowledge of Excel formulae and functions and their practical applications is assumed, as well as familiarity with the basic accounting concept of an integrated income statement, cash flow and balance sheet. Prior attendance on Introduction to financial modelling is recommended.

Learn how to build an integrated balance sheet, profit and loss and cash flow forecasting model appropriate for equity valuation and debt related analysis.

What you will gain

Programme outline

• A critical assessment of the merits of the different tools available in Excel.

• S ome Excel basics and the basics of design: ten essential Excel shortcuts; design principles; key elements of model structure; group edit tools.

• A n introduction to modelling best practice: discover how to build well structured financial models.

• A n overview of the practical applications of a number of Excel techniques and less commonly used functions.

• B uilding the framework: setting up the model structure; input versus formulae conventions; absolute versus relative references.

A real-life discounted cash flow (DCF) valuation model is built over the two days for a FTSE 100 company.

• B uilding the schedules: using naming conventions; using ‘corkscrews’ and ‘BASE’ calculations; using ‘if’ to create flexibility; operations schedule; fixed-asset schedule.

Programme outline

• B uilding the debt schedule: a simple approach to debt; using ‘if’ to solve more complex problems; using the function wizard.

• Forecasting the income statement.

• B alancing – straight away: integrating the financials and balancing the balance sheet as we go – a stepwise approach; building in a balance check; a structured approach to model development.

• Golden rules of model design. • Building a financial forecast. • Forecasting the balance sheet. • Linking up the cash flow statement. • Working with scenarios. • Valuation.

• C ash flows: linking cash from operations; linking fixed assets and financing; implementing some simple checking calculations.

• Key auditing tools.

• T ax and valuation: modelling UK corporate tax in more detail; tax loss schedules; valuation and related functions; building the valuation module.

Numbers are restricted to 12 to ensure you receive the most effective training during your session.

Delegates have exclusive use of a PC throughout the course.

• A nalysis and presentation: dynamic labelling/text strings; number formatting; Excel’s handy analytical tools – data tables; goal seek; print management. Delegates have exclusive use of a PC throughout the course. Numbers are restricted to 12 to ensure you receive the most effective training during your session.

Dates London 16-17 January 2-3 February 13-14 March 12-13 April 8-9 May

Dates 31 May-1 June 14-15 June 12-13 July 29-30 August 10-11 September 4-5 October

29-30 October 15-16 November 12-13 December

12 CPD hours (where applicable)

IT SKILLS

17-18 December

Fees (exclusive of accommodation) £1,390 +VAT £1,251 +VAT £1,120 +VAT

Book online at: www.cimamastercourses.com/PFMO

CIM4322 - IT Skills Section - R1.indd 3

20-21 June 9-10 July 22-23 August 20-21 September 17-18 October 22-23 November

12 CPD hours (where applicable)

Fees (exclusive of accommodation) Non-members: CIMA members Corporate Discount Scheme members:

London 23-24 January 20-21 February 4-5 April 26-27 April 17-18 May

Non-members: CIMA members Corporate Discount Scheme members:

£1,390 +VAT £1,251 +VAT £1,120 +VAT

Book online at: www.cimamastercourses.com/INFM

4/11/11 12:07:47

Advanced financial modelling using Excel and VBA

Valuation modelling Building integrated valuation models

Consolidate your skills, learn more advanced techniques Available in-house

Who should attend?

Those who already have significant experience in financial modelling with Excel and who wish to consolidate their skills and learn some more advanced techniques that apply in a corporate finance and financial markets context. Participants should already have a good knowledge of core Excel functions and functionality, a solid foundation in the key principles of corporate finance, and some basic knowledge of financial products. The VBA section does not require prior experience although some is beneficial.

What you will gain Enhance and consolidate your Excel and VBA skills as they apply to financial modelling, including the ability to:

Available in-house

Who should attend?

All whose work requires them to build Excel-based valuation models. A knowledge of business and share valuation techniques is necessary.

What you will gain Learn how to build integrated valuation models.

Programme outline • Brief review of valuation techniques. • Review of the principles of good financial models. • D iscounted cash flow valuation: income statement, balance sheet and cash flow forecasting; assumptions. • Cash flows, capex, tax and working capital.

• create flexible, robust models

• WACC, including adjustments.

• u se a large set of the tools, Excel and VBA functions that are often required when building models in a wide variety of financial modelling contexts.

• G rowth and terminal value: sensitivity analysis; presentation and interpretation of results.

Programme outline The course consists mostly of hands-on exercises, with a brief recap of underlying financial theory only where appropriate. • I ntroduction: best practices in model formulation, design, layout; sensitivity analysis and optimisation; the need for flexible models; Excel functions for flexible modelling.

• M ultiples and assets valuation: analysis of comparable companies; presentation and interpretation of results. Delegates have exclusive use of a PC throughout the course. Numbers are restricted to 12 to ensure you receive the most effective training during your session.

• C reating flexible models I: using lookup functions; hands-on exercises: scenario modelling, flexible timing of a data set, manipulation of data, etc.; text functions; updating data feeds to graphs and graph labels; using reference functions; switching data sets for model inputs without rewriting formulae. • C reating flexible models II: using date functions; hands-on exercises: flexing the time axis rather than the data set, creation of database queries; analysis of data sets: statistics functions, database functions, and array functions. • M anipulation of data sets: using text functions, including combining with lookup and date functions; hands-on exercises: cleaning datasets, combining datasets. • G etting started with VBA: the need for VBA; introduction to the Visual Basic editor; hands-on exercises: basic examples in recording a macro, and simple examples of writing code from scratch. Delegates have exclusive use of a PC throughout the course. Numbers are restricted to 12 to ensure you receive the most effective training during your session.

Dates

London 22 February 18 April 22 June

12-13 June 24-25 September 27-28 November

12 CPD hours (where applicable)

6 CPD hours (where applicable)

Fees (exclusive of accommodation) Non-members: CIMA members Corporate Discount Scheme members:

Fees £1,390 +VAT £1,251 +VAT £1,120 +VAT

Book online at: www.cimamastercourses.com/ADFM

CIM4322 - IT Skills Section - R1.indd 4

31 August 31 October 7 December

Non-members: CIMA members: Corporate Discount Scheme members:

£695 +VAT £625 +VAT £560 +VAT

Book online at: www.cimamastercourses.com/VAMP

IT SKILLS

London 18-19 January 20-21 March

Dates

77 4/11/11 12:07:48

Section contents Commercial skills for finance professionals ................ 80 Brilliant presentations ......................................................... 80 NEW Negotiation mastery ........................................................... 81 The accountant as strategic influencer and adviser .............................................................................. 81 Leadership skills ..................................................................... 82 The first-time manager ...................................................... 82 Smarter thinking, smarter working ................................ 83 The art of being brilliant .................................................... 83

The following Mastercourses are also available; for more information visit: www.cimamastercourses.com/[enter course code] Course code Anger management ..................................................... AGRM NEW Assertiveness â&#x20AC;&#x201C; an introduction .................................. ASIS NEW Coaching skills . .............................................................. COAK Managing and motivating people ......................... MAMO Practical networking ...................................................... PRNE Remote management skills ....................................... RMMS NEW Time management â&#x20AC;&#x201C; an introduction .................. TMMG Writing skills for professionals .................................. WKFP

CIM4322 - Personal and Management Intro - R1.indd 1

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Develop your soft skills and build the confidence to deal with people in various business situations.

.. .. .. ..

.. .. .. .. .. .. .. .. .. .. ..

.. . ... .. ... . . .. .. . bre . ak f ... . ree f . rom the crowd ...

All courses are available in-house – the following additional courses are available in-house only: • • • • • •

Customer care for shared services operations InterActive leadership™ Key persuasive techniques for accountants Maximising internal customer care Presentation skills for finance professionals The accountant’s workload management toolkit

Email inhousetraining@cimaglobal.com for further information.

CIM4322 - Personal and Management Intro - R1.indd 2

PERSONAL AND MANAGEMENT SKILLS

Personal and management skills

‘A really worthwhile course, which opens thought processes and challenges current thinking.’ Karen Gilhooley, Finance Area Leader, William Grant & Sons

‘Very good – I particularly liked that it was so interactive.’ Ashley Chattin, Financial Controller, Autograph

4/11/11 12:09:13

Commercial skills for finance professionals

Brilliant presentations Taking your presentations to a new level of excellence

How to become a true business partner: the evolving role of the finance department Who should attend?

Available in-house

This two day course will help anyone who wants to take their presentation skills to the next level of excellence. We recommend that delegates have attended an introductory presentation skills course and/or have some experience of giving presentations.

What you will gain

Please bring at least one presentation to develop during the course.

• S trategic vision: using financial structures to identify opportunities, understand risk and add value.

What you can gain

• N etworking: using connections both within and outside the company.

• L earn and apply a step-by-step process to create, develop, structure and deliver brilliant presentations.

• Influence: engaging with and influencing senior management.

• Increase confidence and overcome nerves.

• Management: motivating and managing the finance team.

• I mprove delivery skills and presence through developmental work on voice, body language, rapport, timing and engagement.

Programme outline • P ersonality and behaviour: practical tools that describe how we are ‘wired’. • Understanding yourself and others. • I nterpersonal skills: the attributes of a successful finance team and how you measure up against this template. • T he interpersonal skills required to develop internal and external relationships. • R isk management: proactively defining business risk in terms of business plans and financial performance. • Understanding your ‘risk score’ and critical success factors. • I nformation delivery: being able to present and communicate financial information effectively. • T he ingredients of a ‘great’ business and the vital role the finance team can play in delivering this vision.

PERSONAL AND MANAGEMENT SKILLS

New for 2012

Financial managers wanting to gain a seat at the business table by expanding their role from analyst to business expert, from custodian of the company’s finances to a business partner who is totally integrated within the strategic direction of the business.

• Presentation skills: how you get your message across.

Who should attend?

Dates Birmingham 5 July Bristol 8 November

• Confidently deliver a ten minute presentation.

• U nderstand, and use, auditory and visual aids appropriately and effectively. • Field and manage questions from the audience. • I dentify developmental needs through feedback and a personal action plan.

Programme outline What distinguishes a brilliant presenter from an average one? What makes a presentation compelling, influential and persuasive, as opposed to one that has the audience wishing for the end? How do you make a dry, technical subject come alive and call people to action? These and other questions will be considered in this highly practical, interactive workshop, together with a set of skills, tools and techniques to prepare, structure and deliver brilliant presentations to get your message across and take your career forward. Be prepared to surprise yourself and shine.

Dates London 23 February 3 May 6 September 13 December

Manchester 8 March

6 CPD hours (where applicable)

12 CPD hours (where applicable)

Fees (exclusive of accommodation)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/CSFP

CIM4322 - Personal and Management Section - R1.indd 1

Visit www.cimamastercourses.com/BRPR for dates.

Non-members: CIMA members: Corporate Discount Scheme members:

£997 +VAT £897 +VAT £697 +VAT

Book online at: www.cimamastercourses.com/BRPR

4/11/11 12:08:10

Negotiation mastery

The accountant as strategic influencer and adviser

A two day workshop

A practical workshop on how to influence your organisation Who should attend?

Available in-house

All professionals who have some experience of negotiation and are looking to move beyond the basics and take their skills to the next level.

What you will gain • N egotiate confidently and skilfully with any business stakeholder to achieve the optimum solution at minimum cost.

Available in-house

Who should attend?

Accountants and financial managers who want to ensure that finance is seen as adding value. Too often accountants and the finance function are seen as staid and boring, out of touch and unapproachable, enforcing their demands on the organisation. Yet undoubtedly almost everyone would agree that a value added finance function is a key part of any successful organisation.

• B uild profitable and sustainable relationships through negotiating win-win solutions with customers and suppliers, internal or external.

What you will gain

• C all on a repertoire of advanced techniques to get around any impasse in the negotiation due to conflicting demands.

• Discover how you can influence your organisation.

• B e more cost-conscious and aware of the many opportunities present for cost-cutting and negotiation.

Programme outline

• Use the Harvard approach of principle-centred negotiations.

• T he influencing skills that need to be developed to meet these aims.

• ‘ Negotiate backwards’ to successfully resolve complex multi-party negotiations.

• U nderstand what is meant by the term ‘business partner’ – and how to be one.

• A definition of the accountant as business partner.

• Identify and neutralise dirty tactics from the other side.

• A realistic view of how the finance function and the accountant are viewed.

Programme outline

• T he essential influencing and negotiating skills that today’s accountant needs.

This course uses the latest thinking from Harvard Business School to achieve sustainable negotiated agreements that satisfy all parties at the table. It will deal with negotiation situations going beyond the simple one-to-one scenarios, using powerful tools to deal with the most complex of multi-party negotiations.

Dates

Visit www.cimamastercourses.com/NGMA for dates.

12 CPD hours (where applicable)

London 26 June 1 November

Milton Keynes 13 March

Fees £997 +VAT £897 +VAT £697 +VAT

Book online at: www.cimamastercourses.com/NGMA

CIM4322 - Personal and Management Section - R1.indd 2

Manchester 12 December

6 CPD hours (where applicable)

Fees (exclusive of accommodation) Non-members: CIMA members: Corporate Discount Scheme members:

Glasgow 12 September

Non-members: CIMA members: Corporate Discount Scheme members:

£599 +VAT £539 +VAT £415 +VAT

Book online at: www.cimamastercourses.com/ASAI

PERSONAL AND MANAGEMENT SKILLS

There will be plenty of opportunities for each delegate to practise real-life negotiations, with feedback and coaching.

81 4/11/11 12:08:10

Leadership skills

The first-time manager

How to become a confident, competent and successful leader

How to get the best from your staff

Who should attend?

Available in-house

• Experienced leaders seeking to upgrade their skills. • Managers who want to become leaders. • T eam leaders and professionals wishing to extend their portfolio of skills.

What you will gain • D iscover how to become a more confident, competent and successful leader of people. • I mprove your own abilities as a leader: leadership doesn’t have to be about your position; it is about an attitude, which can be learnt.

Programme outline • Know what differentiates a leader from a manager. • Understand where leadership fits into today’s organisations. • Recognise and apply different leadership styles. • Understand your leadership style and learn how to enhance it. • Differentiate leaders and entrepreneurs. • Empower and develop team members.

Who should attend?

Available in-house

First-time managers who want to develop management excellence by gaining a solid foundation in self-management and motivation, coupled with a set of highly effective, practical tools and techniques to coach, lead and manage their teams with ease and confidence.

What you will gain The vital practical tools and techniques for managing and developing yourself and your team to ensure that your departmental and organisational goals are achieved.

Programme outline • T he importance of developing yourself and the concept and practical application of emotional intelligence. • How to motivate and empower yourself and your team. • C onducting effective coaching sessions with ease and confidence. • H ow to improve and develop your people management skills, through the application of practical empathy and understanding diversity.

• C reate a motivating climate in the workplace through effective leadership behaviour.

• Providing feedback and appraisal sessions.

• Climb the ‘ladders to success’.

• C reating a motivating climate in the workplace through effective leadership behaviour.

• Effective delegation.

PERSONAL AND MANAGEMENT SKILLS

• Good to great organisational principles.

Dates

Visit www.cimamastercourses.com/LDSK for dates.

Visit www.cimamastercourses.com/FTMA for dates.

12 CPD hours (where applicable)

Fees (exclusive of accommodation) Non-members: CIMA members: Corporate Discount Scheme members:

Fees (exclusive of accommodation) £997 +VAT £897 +VAT £697 +VAT

Book online at: www.cimamastercourses.com/LDSK

CIM4322 - Personal and Management Section - R1.indd 3

Non-members: CIMA members: Corporate Discount Scheme members:

£997 +VAT £897 +VAT £697 +VAT

Book online at: www.cimamastercourses.com/FTMA

4/11/11 12:08:10

Smarter thinking, smarter working

The art of being brilliant Techniques to communicate, influence and build rapport

How to get more from your mind

Available in-house

Who should attend?

All accountants and other managers wanting to know how to use both halves of their brain to get more from it, think both logically and strategically, and keep one jump ahead of their colleagues.

Available in-house

Who should attend?

All wanting to explore unconventional approaches to persuading and influencing.

What you will gain • New ways of thinking.

What you can gain

• Reduced self-limiting beliefs.

• Enhanced memory.

• N ew communication skills based on an empathetic understanding of other people.

• Better negotiation skills. • Greater understanding of your colleagues, clients and others. • Better understanding of yourself.

In this interactive workshop you will explore neuro-linguistic programming (NLP) techniques which can help you to change the way you view the world and the way the world views you.

All of which will make your job as an accountant easier to do.

Programme outline

• Build rapport from the very beginning.

• Neuro-linguistic programming for numerate people.

• Knowing what you want, and how to achieve it.

• Keep it alive: enhance your non-numerate brain too.

• Solve problems using NLP.

• Rapport and negotiation.

• Influence people using NLP.

• Memory: find the method that works for you.

• The power of positive thinking and what it can do for you.

• Innovation: get ahead of your colleagues.

• Look at limiting beliefs and what impact they have.

• Increased personal confidence.

• T he circle of excellence – and how it can help you to always be at your best. • H ow to decide what the right questions are and how to ask them.

Dates London 23 May 14 November

Dates London 1 February 16 March

Manchester 18 September

6 CPD hours (where applicable)

Fees Non-members: CIMA members: Corporate Discount Scheme members:

30 April 14 June

Fees £599 +VAT £539 +VAT £415 +VAT

Non-members, members and Corporate Discount scheme members:

£479 +VAT

This course is held by Reed Learning and endorsed by CIMA as suitable for members and their staff and colleagues.

Book online at: www.cimamastercourses.com/STSW

CIM4322 - Personal and Management Section - R1.indd 4

Book online at: www.cimamastercourses.com/ARBR

PERSONAL AND MANAGEMENT SKILLS

• Laying your ghosts to rest.

83 4/11/11 12:08:13

CIMA on demand CIMA on demand is a high quality online training solution, specifically designed for busy finance and business professionals. A range of online courses are offered covering a variety of topics including management accounting, finance and business skills, giving you the flexibility to control when and where you learn. With a running time of between 30 and 75 minutes, the courses are high quality audio visual presentations, delivered by expert speakers and provide comprehensive coverage of each topic. Our course packs enable you to benefit from a saving of at least 30% per course. Any course can be included as part of the packs below: • 10 course pack - £195 +VAT • 20 course pack - £295 +VAT

Corporate solutions – create a blended approach for your team If you have six or more colleagues interested in using CIMA on demand for their CPD needs, a corporate solution could offer a number of benefits to your organisation. Combine CIMA Mastercourses or CIMA in-house training with CIMA on demand for additional pre- or post-course learning. Members of the CIMA Corporate Discount Scheme can use their credits to pay for CIMA on demand courses. If a corporate solution is of interest please email us at: enquiries@cimaondemand.com for more information and a quote.

Course catalogue The online courses currently available are listed on the right. Mastercourses that can be used as additional pre- or post-course learning are included alongside where available. To find out more about CIMA on demand visit:

www.cimaondemand.com

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Management accounting CIMA on demand

CIMA Mastercourses

Activity based costing made easy

Activity-based costing and management – making it work in the real world

Balanced scorecard

The balanced scorecard

Emerging accounting issues

Management accounting update – adding value beyond numbers

Investment appraisal basics

Investment appraisal – introduction

Investment appraisal – using sensitivity to assess risk

Investment appraisal in practice

Lean finance

Lean Six Sigma

Achieving process excellence

New age budgeting

CFO of the future – flexible planning and rolling forecasts

Operational excellence in cost reduction

Driving down costs

Other online courses available: Shareholder Value

Corporate finance and treasury CIMA on demand

CIMA Mastercourses

Online courses available: Enterprise risk management

Financial reporting CIMA on demand

CIMA Mastercourses

IFRS – share based payments IAS 38 – intangible assets IFRS 1 – first time adoption

IFRS – share-based payments IFRS – valuation of intangibles IFRS – first-time adoption workshop A wide range of Financial reporting Mastercourses are available, see page 34 for details.

IFRS for SMEs

FRSME – an introduction FRSME – a comprehensive understanding

New and revised standards applicable in 2010 and beyond

IFRS – new and revised standards

Other online courses available: IFRS 8 – operating segments, IAS 7 – statement of cash flows, IAS 8 – accounting policies, changes in accounting estimates and errors

Law and tax matters CIMA on demand

CIMA Mastercourses

Introduction to Sarbanes-Oxley

Sustaining Sarbanes-Oxley

Directors duties under the Companies Act 2006

Enhanced business reviews under the Companies Act 2006

Other online courses available: Employment law basics, Generation Facebook, Generation hangover

Business skills CIMA on demand

CIMA Mastercourses

Process excellence

Achieving process excellence Understanding and improving business processes

Pricing – the urban legends

Pricing strategies and value

Building better business cases

Business cases that convince

Other online courses available: Building powerful value propositions

Strategic management CIMA on demand

CIMA Mastercourses

Strategy in action

Reducing your impact on climate change

Accounting for carbon

Other online courses available: Constructive SWOT analysis, Strategic performance measures

Understanding finance CIMA on demand

CIMA Mastercourses

Profit v cash – understanding the differences

Finance for non-finance managers – essentials

Raising business finance

Financing and investment strategy

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How to book Courses are open to everyone.

Course cancellation

There are four ways to book:

Where circumstances force CIMA to cancel a course, the liability of CIMA shall be limited to a refund of any fees paid for that particular course. CIMA is not liable for any consequential loss. For courses run by our business partners (ACCA, ICAS, Reed and CIPFA) we apply their booking terms and conditions; email mastercourses@cimaglobal.com for details.

Post the completed booking form to the address on the form. Fax the completed booking form to +44 (0)161 237 9650. Email mastercourses@cimaglobal.com. Refer to booking form for the information required. Online at www.cimamastercourses.com/search enter the four letter course code in the ‘Name’ box to find the course you want. All bookings will be confirmed within 48 hours.

Payment Cheque – made payable to BPP Professional Education Limited. Credit card – please include the cardholder name, card type, card number and expiry date. Diners Club, AMEX, Maestro and Solo are not accepted. Invoice – we can invoice UK and Republic of Ireland companies upon written request. Please include a purchase order number if applicable. CIMA Corporate Discount Scheme – use your Corporate Discount Scheme investment – see page 5 for details. Payment must be received prior to the start of the course. When we receive your booking, we will check course availability before invoicing or processing payment.

HOW TO BOOK

The course fee includes course papers, lunch and refreshments.

Save on multiple bookings Save up to 30% when booking several places on CIMA-run courses by joining the CIMA Corporate Discount Scheme. See page 5 for details.

Standard student rates Registered students can benefit from the CIMA members’ 10% discount.

CIMAplus subscribers CIMAplus members can benefit from a 20% discount.

Late availability discounts Half-price places are available on selected courses, excluding those endorsed by CIMA and run by another organisation, in the two weeks before they are held. The half-price rate is available to: • CIMA registered students

Booking conditions

• CIMA Training Partners

Delegate cancellation

• CIMA Development Partners

All cancellations must be received in writing up to 14 days before the course date to receive a refund. Any cancellations received within 13 days of the course date will not have the fee refunded.

• l ecturers and financial administrative staff at academic institutions

Delegate transfer

Price

Delegates can transfer to another course without charge up to two working days prior to the course. Any transfers received later than this will incur an admin fee. Any transfers must be made in writing.

• registered CIMA members in practice, who are sole traders • a nyone working for a registered charity, the NHS or other public sector body. Please telephone CIMA Mastercourses on +44 (0)845 026 4722 to check for availability on the courses of your choice.

Substitute delegate If the original delegate is unable to attend, a substitute may attend in their place at no extra cost. Please email or fax us with substitute delegate details.

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On the day All courses are held in quality venues.

Course quality

Joining instructions

When you attend a CIMA Mastercourse you will be given an assessment form on which to make your comments. The attention we pay to your assessment forms ensures the continuing quality and relevance of our course programmes.

Joining instructions including directions will be sent one to two weeks before the course date. If you do not receive these please phone: +44 (0)845 026 4722.

Schedule Courses usually run from 9.00am to 5.00pm, with breaks for morning coffee, lunch and afternoon tea.

Certificate of attendance If you would like a certificate of attendance please email mastercourses@cimaglobal.com

Course papers These will be provided on the day of the course. They are intended to supplement presentations rather than to be selfsufficient. For this reason and because problems of copyright occasionally arise, arrangements are not usually made to produce more sets than are required at the time of the course.

If you are not completely satisfied with any CIMA Mastercourse you attend please contact Janice Howard, Head of CIMA Courses and Conferences. If you would like to know previous delegatesâ&#x20AC;&#x2122; opinions of any particular course, please telephone CIMA Mastercourses on +44 (0)845 026 4722.

Further information If you have any queries or need further information please contact CIMA Mastercourses on: T. +44 (0)845 026 4722 E. mastercourses@cimaglobal.com CIMA Mastercoursesâ&#x201E;˘ is a trademark of CIMA Enterprises Ltd, a wholly owned subsidiary of CIMA.

Speakers

ON THE DAY

If a speaker is unable to attend the course, CIMA reserves the right to substitute an alternative speaker and to modify the timetable.

We reserve the right to cancel or reschedule courses without prior notice and to amend or alter published courses, fees, venues and speakers. For current information visit www.cimamastercourses.com

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CIMA CPD Academies

Two day programme to achieve your CPD

£649

+VAT

Spring Academy

| 19-20 March 2012

| London

Summer Academy

| 14-15 June 2012

| London

| 25-26 June 2012

| Manchester

Autumn Academy

| 6-7 September 2012

| London

Winter Academy

| 3-4 December 2012

| London

EARLY BOOKER

This popular event is designed to help ﬁnance professionals maximise their CPD learning in a convenient and cost effective format. It covers a variety of topics that are relevant to your role as well as providing an opportunity to network. Price: £749 +VAT | £649 +VAT early booker CPD Executive Academy 18-19 October 2012 London Price £1,795 +VAT | £1,495 +VAT

Book your place now: www.cimaglobal.com/conferences CIM4322 Booking pages - P6.indd 5 7073_CPD_academies_full_page_advert_A4_v3.indd 1

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Looking to train six or more people? Why not consider our Corporate Discount Scheme or in-house training options – see pages 4-5 for more information.

Booking form

Return form to: Post: C IMA Mastercourses, Fifth floor, Boulton House, Chorlton Street, Manchester, M1 3HY, United Kingdom

(Please photocopy for additional delegates) Please complete this form in capitals. This booking will be confirmed and a VAT invoice/receipt supplied.

Fax: +44 (0)161 237 9650 Or book online: www.cimamastercourses.com

COURSE DETAILS Course title: ............................................................................................................................................................................................ Date: .......................................................... Fee: .......................................... Location:......................................................................

DELEGATE details Title (Mr/Mrs/Miss): ........................................................................ First name: .............................................................................................. Surname: ............................................................................................. Organisation: ......................................................................................... Job title: ............................................................................................... Department: ........................................................................................... Address: ....................................................................................................................................................................................................................... Town: .................................................................................................... Postcode: ................................................................................................. Email: ............................................................................................................................................................................................................................ Tel: ......................................................................................................... Fax: ............................................................................................................ I am a member of:

CIMA

ACCA

ICAS

CIMA Contact ID no. ....................................................................... Corporate Discount Scheme membership no. .........................

Payment details – please tick as appropriate I enclose a cheque made payable to BPP Professional Education Limited for £............................................................................. Please invoice my company. Purchase order number: ........................................................................................................................ I am a Corporate Discount Scheme member. Please deduct: £....................................... from CDS membership number:.................. Credit/debit card Type of card: Visa MasterCard Card no. Card security code (last three digits on reverse of card): ..................... Valid from: .......................... Expiry date: . ....................... Cardholder name: ...................................................................................................................................................................................................... Cardholder signature: .............................................................................................................................................. Date: .................................... Invoice/cardholder address (if different to above): ....................................................................................................................................... Town: ........................................................................................................................................................................... Postcode:.............................. I have read the terms and conditions on page 86 and agree to abide by them.

We may send you further information. Please tick if you would not like to receive: further information on CIMA Mastercourses by post information on other CIMA products and services details of other suppliers’ products and services. Please tick if you would like to receive:

15:57

CIM4322 Booking pages - P6.indd 6

further information on CIMA Mastercourses by email.

BOOKING FORM

Signature: ..................................................................................................................................................................... Date: ....................................

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Online learning to suit you

Work towards your CPD without leaving your desk with CIMA on demand, our range of online courses. With a running time of between 30 and 75 minutes and a variety of topics available including management accounting, finance and business skills, CIMA on demand gives you the flexibility to control when and where you learn. Buy one of our course packs and benefit from a saving of at least 30% per course. Any course can be included as part of the packs below: • •

10 course pack - £195 +VAT 20 course pack - £295 +VAT

Visit the website to find out what you could be learning today.

www.cimaondemand.com CIM4322 Booking pages - P6.indd 7 COD_full_page_ad_v3.indd 1

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