Finance and Accounting

Training Course: International Accounting and Financial Standards for Non-Profit Organizations


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FI235165

20 - 24 Jan 2025

Amsterdam (Netherlands)

Hotel : Grand Hotel Amrâth Amsterdam

Cost : 5250 € Euro

Introduction:

Effective risk management is of paramount importance in the current business environment. This course will enhance your understanding of risks and how to minimize a business's exposure to them. Its goal is to develop your skills in analyzing business activities. It will serve as a guide and assist you through the key steps of financial data analysis, evaluating new investments, and measuring performance at all levels of your organization. Additionally, it will help you enhance your abilities in generating growth, improving profitability, and identifying problem areas for corrective action.

Objectives:

  • Acquire a set of knowledge related to the new International Financial Reporting Standards (IFRS).
  • Develop skills in designing financial statements.

  • Gain insight into professional issues related to the implementation of certain accounting standards.

  • Understand the impact of these standards on international and Arabic business environments.

  • Acquire skills in using and benefiting from financial reports through critical analysis, enabling assessment of the financial strength of organizations and contributing to managerial decision-making.

Competencies:

  • Understanding basic accounting concepts.

  • Ability to apply international accounting and financial standards.

  • Capacity to analyze and comprehend financial reports.

Target Audience:

  • Financial department managers.

  • Financial consultants.

  • Accountants and financial management professionals.

  • Internal and external auditors.

  • Professionals responsible for monitoring and collecting customer accounts.

  • Financial planning and budgeting personnel.

  • Credit analysis professionals in banks or those involved in financial data analysis.

  • Anyone seeking to enhance their skills and experience and sees the need for this course.

 Outlines:

Day 1:

  • Evolution of the accounting profession in light of the latest global developments:

    • International Accounting Standards (IFRS).

    • International Public Sector Accounting Standards (IPSAS).

    • Joint project to develop accounting standards by IASB & FASB (2005-2017).

    • The importance of global and Arab accounting standards compliance.

    • Key differences between international, Egyptian, and Gulf accounting standards.

    • Recent changes in international accounting and financial reporting standards.

Day 2:

  • Application issues resulting from IFRS-1 implementation:
    • Risks associated with implementing international accounting standards with the latest amendments.

    • Issues related to the treatment of long-term assets (Fixed Assets) per IAS 16.

    • Treatment of intangible assets (Goodwill) according to IAS 36, IAS 38, and IFRS 3.

Day 3:

  • Application issues resulting from IFRS-2 implementation:
    • Issues related to the impairment of assets per IAS 36.

    • Treatment of financial instruments according to IFRS 9 and IAS 39.

    • Treatment of finance leases according to IAS 17.

Day 4:

  • Presentation of financial statements according to IFRS:
    • Presentation of financial statements under IAS 1, IAS 7, and IFRS (Draft).

    • Presentation of the statement of financial position.

    • Presentation of the statement of comprehensive income.

    • Presentation of the statement of cash flows.

    • Supplementary explanations.

Day 5:

  • Financial instruments: Measurement and disclosure according to IFRS:
    • Basic financial instruments (stocks, bonds).

    • Derivative financial instruments (financial derivatives contracts).

    • Case studies and workshops.

Finance and Accounting

Training Course: International Accounting and Financial Standards for Non-Profit Organizations


Register Now
Quick Inquiry
Discount Group Download Brochure (39)

FI235165

20 - 24 Jan 2025

Amsterdam (Netherlands) - Grand Hotel Amrâth Amsterdam

Hotel : Grand Hotel Amrâth Amsterdam

Cost: 5250 € Euro


  About Amsterdam

Amsterdam, capital of the Netherlands, is a popular destination amongst travelers from all around the world. Once just a little fishing village, Amsterdam is now a major international city after having become an important port during the 1600s. Throughout its history, the city has had many famous residents, including artists, philosophers and other historical figures. There is much to discover along Amsterdam's quaint streets and picturesque canals. So much so that a flight to Amsterdam comes with a guarantee of cultural and historical attractions that will provide memories to last a lifetime. Amsterdam is a hotbed of culture for travelers of all ages and tastes.


  Things to do and places to visit in Amsterdam

From the moment passengers step off their flight to Amsterdam, they will find it a friendly city with a lively atmosphere. Its flat geography means that it is perfect for exploring by bicycle. If you're feeling less active, it the city is also well-served by public transport. The so-called Venice of the North has something for every visitor. Culture vultures have museums, galleries and theaters to see, Families can visit the zoo or the Science Center NEMO.

When visiting Amsterdam, be sure to:

  • See the picture-perfect and colorful houses of the Grachtengordel district.
  • See the iconic works of one of Holland's most famous artists at the Van Gogh Museum.
  • Visit the house where Anne Frank and her family hid from the Nazis.
  • Browse through the extensive collection of fantastic art in the Rijksmusem.
  • Wander through the blaze of colors that is the Singel Flower Market.
  • See the city at a leisurely pace on a canal cruise.
  • Marvel at one of the city's many historic churches.
  • Learn about life aboard a ship at the National Maritime Museum.
  • Discover the Begijnhof's well-preserved medieval architecture.
  • See animals of all kinds, as well as the butterfly pavilion and aquarium, at the Artis Zoo.
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