COURSE OVERVIEW

 This practical and highly-interactive course includes various practical sessions and exercises. Theory learnt will be applied using “MS-Excel” application. 

 

This course is designed to provide participants with a detailed and up-to-date overview of Financial Policies, Procedures and Regulations. It covers the financial policies and regulations; the framework of financial procedures; the types of financial transactions and ensuring compliance in daily transactions; the documentation and reporting standards, risk identification in financial processes and what-if analysis in financial scenarios; the proper timing and methods for recognizing revenue including cost management and reporting; the budgeting, forecasting and asset and inventory management; and dealing with taxation and regulatory compliance. 

 

During this interactive course, participants will learn the role of internal audits; designing effective financial controls; addressing audit findings and recommendations; integrating audits into regular financial processes; the advanced risk management in financial policies; managing non-compliance incidents; implementing fraud prevention and detection; aligning financial policies with organizational goals; customizing policies for evolving regulatory landscapes; the technology in financial policy enforcement; and integrating financial policies into corporate culture.