- Duration: 102 Hours
Module 1 - Strategic Management
Module 2 – Workforce Planning & Employment
Module 3 - Human Resource Development - HRD
Module 4 – Total Rewards
Module 5 - Employee and Labor Relations
Module 6 – Risk Management
FINANCIAL ACCOUNTING & REPORTING ‘FARE’
Sources of GAAP & Basic Framework and Concepts, Reporting Net Income, Income Statement: Income from Continuing Operations, Discontinued Operations, Extraordinary Items, Accounting Changes and Prior Period Adjustments, Comprehensive Income, Balance Sheet and Disclosures Overview, Interim Fin. Reporting, Segment Reporting, Development-Stage Enterprises, Fair value measurements.
Timing issues: Matching of Revenue and Expenses, Correcting and Adjusting Accounts, Long-term Construction Contracts, Accounting for instalment sales, Accounting for Non-monetary Exchanges, Partnerships, Financial reporting and changing prices, Foreign currency accounting (SFAS 52).
Marketable Securities, Business combinations/Consolidations, Cost method , Equity method, Consolidated Financial Statements, Purchase method ,Inter-company transactions, combined financial Statements/push down accounting.
Working capital and its components, Inventories, Fixed assets, Depreciable assets and depreciation, Fixed asset impairment.
Present values and Annuities, Accounting for Leases, Investment in debt securities, Long-term liabilities and bonds payable, Troubled debt restructurings (impaired loans).
Pension Plans, Accounting for Postretirement Benefits other than pensions, Accounting for Post-employment Benefits (SFAS 112), Estimated Liability (vs. Accrued Liability), Contingencies (SFAS 5), Accounting for income taxes.
Financial instruments, stockholders’ equity, Earnings per share, Statement of cash flows.
Governmental accounting overview, Modified accrual accounting, Governmental funds, Proprietary funds, Fiduciary funds.
Governmental accounting (Part B), Not-for-profit Organizations.
AUDITING & ATTESTATION ‘AUD & ATT’
Audited Financial Statements-The Basics, Professional standards, Reports on Audited Financial Statements, Reports on Comparative financial statements, Events occurring after year end , Reporting on Other Information.
Quality control standards, other engagements, reports, and accounting services, compilation and review of financial statements, Reporting on comparative financial information, Review of interim financial information, letters for underwriters, Attest Engagements.
Planning and supervision, Fraud and illegal acts, Risk Assessment, Internal Control, Responding to Assessed risks..
Transaction cycles, Audit documentation, Audit Evidence, Evidential Procedures for Selected Accounts, Audit evidence: miscellaneous items.
Audit sampling, The effect of information technology on the audit, internal control communications, Government auditing, Communication with the those charged with governance, Management representations.
Individual taxation – filing status, exemptions, gross income, capital gains and losses.
Adjustments and itemized deductions, Tax calculations and credits, Individual taxation – other taxes/other items.
C corporations, depreciation, and MACRS, Small business corporations (S corporations).
Partnership taxation, Estate, trust, and gift taxation. Tax return preparer issues, The Sarbanes-Oxley Act of 2002, Ethics and professional responsibilities.
Commercial paper, Secured transactions, Real property.
Agency, Bankruptcy, Securities regulation, CPA legal Liability, Property insurance.
BUSINESS ENVIRONMENT & CONCEPTS ‘BUS. ENV.’
Sole proprietorship and joint venture, General partnership, Limited Liability partnership, Limited partnership, Limited liability company, Corporation.
Business cycles and reasons for business fluctuations, Economic measures and reasons for changes in the economy, Market influences on business strategies, Implications of dealings in foreign currencies.
Factors affecting financial modelling and decision making, Financial modelling for capital decisions, Strategies for short-term and long-term financing, Financial Statement and business implications of liquid asset management.
Introduction to information technology, Roles and responsibilities within the information technology (IT) function, IT fundamentals, Risks, controls, disaster recovery & business continuity, Electronic business.
Cost measurement and cost measurement concepts, Accumulating and assigning costs, Factors affecting production costs, Financial models used for operating decisions, Forecasting and projection techniques, Planning/Budgeting overview and Planning/budgeting techniques, Budget variance analysis, Organizational performance measures, Benchmarking techniques and best practices.
About Arcana Training & Development
Since its establishment in 1999 under the umbrella of Al Quds College, Arcana training center gained a theyalthy experience in the field of training and development. Today, Arcana has become an independent entity as the most recent member of Luminus Group driven by its vision of becoming the pioneering center for training.
Arcana provides medium sized companies, large corporate and governmental bodies with international training programs and certifications in the fields of Management and Information Technology. Being an authorized Prometric testing center, Arcana also provides its trainees with the opportunity to apply for international exams and certificates.
To further enhance the service offered and to meet the needs of the IT market demands, Arcana partners with theyll established IT providers to include Microsoft Academy, Thomson Netg, Oracle, ComPtia, EC Council, ADOBE, UNISCO (ICDL) and Talal Abu Ghazaleh/ Cambridge Basic Computer Skills. In addition to its IT partners, Arcana also partners with international bodies to offer internationally certified management training programs such as ITBA and SHRM.
Over the past few years, Arcana grew to become the first AutoCAD training and testing center in the Middle East and North Africa.
Arcana aims at introducing unparalleled knowledge and a unique experience in the training field through its cutting-edge facilities, high-tech training rooms and advanced training tools. Its theyll-qualified and certified trainers aspires to create generations of talented and exceptional inpiduals and primed graduates who will become contributing citizens and leaders.See all Arcana Training & Development courses