Certificate In Financial Control

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Certificate In Financial Control

Course offers

24 CPE credits

17 – 20 November 2013 Fairmont Hotel, Dubai, UAE

Top 4 Business Benefits 1. Identify the control points and improve profitability of your organisation Please bring your own laptop with Microsoft Excel loaded

2. Plan and decide on dividend payout 3. Preserve the value of the organisation by successfully integrating effective control and risk management techniques 4. Design a control dashboard for your organisation with confidence

Organised By:

Strategic Career Partner

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Meet Your Expert Course Leaders Prof. Arif Ahmed is a Chartered Accountant and MBA (Finance) and has more than 23 years of experience under his belt in the area of finance and risk management.

The George Washington University School of Business, IIR Middle East’s Academic Partner, is dedicated to excellence: in its teaching and research about management, in the public and private sectors, within the United States and internationally. The school has a 75 year history of preparing men and women for leadership in both the public and private sectors. Known internationally for its dedication to academic excellence, the school draws students from all parts of the United States and around the world. Beyond first class teaching and scholarship, the school’s faculty offers practical experience in the issues and challenges confronting business and government. Its research centres link faculty and students with US and international business and government organisations. Recent distance learning initiatives have expanded the school’s global reach.

Course Requirements And Certificates Delegates must meet two criteria to be eligible for an IIRME/ GW Certificate of Completion for a course: 1. Satisfactory attendance – delegates must attend all sessions of the course. Delegates who miss more than 2 hours of the course sessions will not be eligible to sit the course assessment. 2. Successful completion of the course assessment. Delegates who do not meet these criteria will receive an IIRME Certificate of Attendance. If delegates have not attended all sessions, the Certificate will clearly state the number of hours attended.

Course Assessment Delegates will be handed an assessment quiz at the end of the course and will be expected to complete and return on the last day. The assessment will be in the form of multiple choice questions and will be related to the topics discussed during all the sessions. Delegates will be allowed to consult the session handouts.

Who Should Attend? This course will be useful for Financial Directors, Chief Finance Officers, Finance Managers, Financial Controllers, Financial Advisors, Corporate Strategists, and Analysts. The design of the course is focused more on strategy level than on operational level and would allow the participant to understand hidden implications of fi nancial performance and triggers to influence them.

In addition to training, Prof. Ahmed has assisted many organisations to design and implement financial management and control systems across various industries including media,metals and minerals, logistics, banking, engineering, energy, hospitality, paper, etc. He is one of the most sought after speakers for his inimitable style of blending concepts with application in industry. Prof. Ahmed is the Director of South Asian Management Technologies Foundation based in India. Prof. Veena Hingarh is a Chartered Accountant, Company Secretary, and a Certified Information System Auditor. A career rank-holder Prof. Veena focuses on the areas of finance and their interface with information technology as her specialisation. Delegates gain from her insight into the working of finance and its integration with IT. Prof. Veena is the Joint Director of South Asian Management Technologies Foundation, India. Prof. Arif and Prof. Veena are contributors to and coauthors of best selling books - Wiley International Trends in Financial Reporting, Understanding And Conducting Information Systems Audit, Handbook on IFRS, Manual of Information Systems Audit, etc. They have also been consultants with the World Bank.

About Your CPE Credits 1) 2) 3) 4) 5)

Upon completion of this course you may earn maximum 24 CPE credits (Finance 18, Management Advisory Services 6). Prerequisite to attend: Practical understanding of financial analysis fundamentals. Course level: Intermediate. Instructional method: Group live. Advanced preparation: None required.

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

Would you like to run this course in-house? The in-house training division of IIR Middle East Tel: +971 4 407 2624 • Email: CTS@iirme.com www.iirme.com/cts

T: +971 4 335 2437 F: +971 4 335 2438 E: register@iirme.com W: www.iirme.com/financialcontrol


Certificate In Financial Control 17 – 20 November 2013 • Fairmont Hotel, Dubai, UAE Course Timings: Registration will be at 07:30 on the first day. The course will commence at 08:00 every day and finish at 14:30. There will be breaks for refreshments at approximately 10:30 and 12:30 and lunch will be served at the end of each day’s session.

Course Overview Effective control is a management tool that no organisation working under resource constraint can ignore. This means focusing not only on increasing profit but also on dividend decisions. In the ultimate analysis, it is the administration of control that influences effectiveness of business decisions. This course will allow the delegates to explore the entire range of control processes – from identification of the need of control, to final implementation of a designed financial control. Led by trainers with rich knowledge of both theory and practice of the subject, this course promises to be one of the best courses you have attended.

Day One

Day Three

Reviewing The Past

Peeping Into The Future

• Variance management - Defining tolerance limits - Impact identification – usage and price - Designing a feed forward loop

Control environment analysis - Control environment - Control classification - Financial audit - Management audit - Technology audit

• Valuation of the firm - Accounting valuation - Cash flow return from investment - Value added statement - Economic value added - Asset based valuation • Financial statement analysis - Structural analysis - Ratios - Forecasting trends

Day Two Assessing The Present •

Value generation cycle management - The operating cycle - Purchase cycle - Inventory cycle - Sales cycle

• Dividend decisions - Payout decisions - Dividend payout, profit retention, and valuation • Performance measure and IFRS - Impact on performance ratios - Flexibility and choice • Risk based internal audit - Business risk - Control risk - Risk audit matrix

• Value maintenance cycle management - Obsolescence identification - Replacement decisions - Capital budgeting - Using NPV, IRR, and payback period - Weaknesses of NPV and IRR - Maintaining operating substratum • Wealth creation process - Appropriate discounting factor - Weighted average cost of capital - Capital asset pricing model

Day Four Putting It Together • Corporate risk profiling - Liquidity risk - Credit risk - Market risk - Capital adequacy • Enterprise Risk Management( ERM) - Designing an ERM policy - Defining a scope of ERM • ERM framework populating a dashboard - KPI identification - KPI drilldown • Course assessment

T: +971 4 335 2437 F: +971 4 335 2438 E: register@iirme.com W: www.iirme.com/financialcontrol


Certificate In Financial Control 17 – 20 November 2013 • Fairmont Hotel, Dubai, UAE FIVE WAYS TO REGISTER +971 4 335 2437

IIR Holdings Ltd. P.O Box 9428, Dubai, UAE register@iirme.com

+971 4 335 2438

www.iirme.com/financialcontrol

DISCOUNTS AVAILABLE FOR 2 OR MORE PEOPLE CALL – +971 4 335 2483 E-MAIL – a.watts@iirme.com Event Certificate In Financial Control

Date

Course Fee Before 1 September 2013

Course Fee Before 22 September 2013

Final Course Fee

17 – 20 November 2013

US$ 3,895

US$ 4,395

US$ 4,695

BC4969

Course fees include documentation, luncheon and refreshments. Delegates who attend all sessions will receive an IIRME Certificate of Attendance. Any complaints, grievances or suggestion regarding CPE credit may be addressed to email: grievance@south-asian.org.

Would you like to run this course in-house? Save training $$ and create learning experiences relevant to your business. To customise this course and increase value and impact, contact Leigh Kendall on +971 4 407 2624 or email the team at cts@iirme.com

DELEGATE DETAILS Name: ................................................................................................................................................................................................................. Job Title: ......................................................................................................... Email: ........................................................................................ Tel: ..................................................... Fax: .................................................... Mobile: .....................................................................................

All registrations are subject to our terms and conditions which are available at www.iirme.com/terms. Please read them as they include important information. By submitting your registration you agree to be bound by the terms and conditions in full.

Payments

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A confirmation letter and invoice will be sent upon receipt of your registration. Please note that full payment must be received prior to the event. Only those delegates whose fees have been paid in full will be admitted to the event. You can pay by company cheques or bankers draft in Dirhams or US$. Please note that all US$ cheques and drafts should be drawn on a New York bank and an extra amount of US$ 6 per payment should be added to cover bank clearing charges. In any event payment must be received not later than 48 hours before the Event. Entry to the Event may be refused if payment in full is not received. Card Payment

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Cancellation If you are unable to attend, a substitute delegate will be welcome in your place. Registrations cancelled more than 7 days before the Event are subject to a $200 administration charge. Registration fees for registrations cancelled 7 days of less before the Event must be paid in full. Substitutions are welcome at any time.

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Delegates requiring visas should contact the hotel they wish to stay at directly, as soon as possible. Visas for non-GCC nationals may take several weeks to process. All registration(s) are subject to acceptance by IIR which will be confirmed to you in writing. Due to unforeseen circumstances, the programme may change and IIR reserves the right to alter the venue and/or speakers.

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Event Venue: Fairmont Hotel, Dubai, UAE Tel: +971 4 332 5555

Accommodation Details We highly recommend you secure your room reservation at the earliest to avoid last minute inconvenience. You can contact the IIR Hospitality Desk for assistance on: Tel: +971-4-4072693 Fax: +971-4-4072517 Email: hospitality@iirme.com

SN/ST

FN

Finance

© Copyright I.I.R. HOLDINGS B.V.

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