The revenue cycle includes activities related to the exchange of goods, services, and cash receipts. There are many revenues that are generated in establishments, but the most important of them are sales and service revenues in service and government establishments. These tests include checking for control misstatements, and then referencing processes, then constraints, or vice versa
Money laundering and the financing of terrorism are financial crimes with economic effects.
This course is designed for executives who want to better understand finance and how it applies to their business operations. The course will cover key financial concepts and tools, including financial statements, budgeting, forecasting, and financial analysis.
This leading-edge Budgeting, Forecasting, and the Planning Process training seminar provide the theoretical basis and necessary skills to develop world-class strategic planning, forecasting, and budgeting processes. A strategy is a long-term plan of what an organization is going to do to achieve its overall policy. This training course will enable delegates to develop a framework that links strategies to annual budget and targets and aims for world-class levels of management and organizational performance.
Treasury management is the management of an organization’s collection, concentration, disbursement, investment and funding activities as well as the process of dealing with financial risk issues. The very first function of treasury management is cash management which is the corporate process of collecting and managing cash as well as the use of cash for short-term investing. This makes cash management a key component of a company's financial stability and solvency.
The fight against financial crime is becoming more difficult in both the public and commercial sectors. The goal of the course is to increase proficiency in preventing financial crime
In a global and increasingly competitive environment, the need for effective and enforced Corporate Governance and International Financial Reporting Standards (IFRS) is all too evident.
This course aims to explain the phenomenon of credit risk and assess it to help business entities to narrow down their losses. The course addresses one of the toughest challenges faced by businesses: credit risk mitigation. It identifies ways to mitigate losses so that all involved parties stand to benefit.
This course will develop your skills to understand basic theoretical and empirical concepts of labour economics. You will learn why workers in different jobs earn different wages, comprehend the role of education in shaping the distribution of wages, learn about labour mobility and international labour migration, and understand the causes and consequences of labour market discrimination.