The educational objectives of the Institute of Certified Management Accountants (ICMA) in Australia are to further the development of management accounting education in the universities and schools in Australia and internationally; to encourage research into the application of management accounting theory and practice; and to provide continuing professional development for its members.
In order to achieve the above objectives, a number of educational programmes are offered by the Institute. The CMA program is its flagship program, and open only to Accounting Graduates, Professional Qualified Accountants of other recognised bodies, and the Institute's Graduate (GMA) and Associate (AMA) members.
Who Should Attend?
Professional accountants (ACCA, CPA, CA, ICWA, ICSA or equivalent)
Industrial and Services Accountants
Financial Analysts & Controllers
Any senior staff responsible for the provision of decision information in their organisation
Key Learning Outcomes
Identify the basic conventions and doctrines of strategic managerial accounting
Identify major contemporary issues that have emerged in managerial accounting
Discuss a number of issues relating to the design and implementation of cost management models in modern firms
In today's world, IFRS is the international language of Accounting. More than 144 countries across the globe have already shifted to IFRS. This financial reporting program offers extensive knowledge of International Financial Reporting and International Financial Reporting Standards (IFRS). The four-day program is specially designed to guide you, step by step, through important IFRS issues in a very easy and understandable manner. The course aims to introduce the learners to the world of IFRS and it applicability. The course will be focused on disclosure requirements, IFRS conceptual framework and all important standards relating to Assets, liabilities and Entities. The four-day IFRS program will provide an extensive review of all standards. The course shall be delivered through the case studies, real world examples, exercises and interactive sessions. At the end of the program, the learners shall be able to prepare the financial statements based on the IFRS standards. The learners shall also be able to comply with the IFRS requirements.
Who should attend?
This program is beneficial for anyone who is interested in understanding and applying IFRS. This program is particularly suitable for :
The CGBA qualification is tailored to senior managers who have degrees or professional qualifications in all business fields (marketing, management, finance, banking, accounting etc.). ICMA has recognized that there are senior managers who are not interested in becoming accountants. As such it has introduced a new certified qualification; the Certified Global Business Analyst (CGBA)® for those interested in finance and business analysis, but not interested in continuing further to become CMAs. To obtain the Certified Global Business Analyst (CGBA) professional qualification, participants undertake only the Strategic Business Analysis (SBA) module of the CMA preparatory program. It is open for those who have a degree or professional qualification in any business discipline (both accounting and non-accounting). Non-business degree holders and professionals also are eligible if they have over 5-years of business experience. A participant must have at least 5-years of senior business experience to enroll in program. The assessments done are the case studies within the Strategic Business Analysis course module.
The Objectives of CGBA Certification
Provide specialization-level knowledge to accountants and financially motivated general managers in the interface areas between strategic finance and the other business functions.
Enables participants to apply the basic conventions and doctrines of business analysis and other generally accepted managerial principles, in order to strategically analyze business situations across the various functions of a business organisation.
Establish an objective measure of participants' knowledge and competence in business analysis.
B.Com / BBA / or any Bachelor Degree in Business or Accounting + 5 years' professional Experience
Who Should Attend CGBA Program
Industrial and Services Accountants
Any senior staff responsible for the provision of decision information in their organisation (with or without accounting/finance qualifications)
Course Learning Outcomes
Recognize the basic conventions and doctrines of strategic business analysis.
Identify major contemporary issues that have emerged in strategic business analysis.
Discuss a number of issues relating to the interface areas between strategic finance and the other business functions.
This four (4) day program is designed to help senior managers, managers and accountants to create value for their respective organization, based on the principles of Islamic accounting and finance. While managing value is not an easy task, the program creates understanding of important features, fundamentals and applications of Islamic accounting and finance. Throughout the program, participants will enjoy an interactive outcome based learning where the facilitators will be discussing concepts and their applications in real life business, based on their collective corporate experiences. The facilitators will make the finance and accounting course content interesting through interactive lecture presentations, case studies and discussion. Participants will value how Islamic finance and accounting will help them to manage the bottom-line and create better value for shareholders.
At the end of the program, participants will achieve the follow objectives:
Demonstrating the role of Islamic accounting and finance in decision making.
Applying Islamic accounting and finance principles in corporate reporting.
Planning company’s operating, financing and investing needs based on available instruments and financial markets offerings in Islamic finance.
Constructing portfolio of Islamic wealth management, corporate zakat, waqf and tax.
The GCC Member States are in the progression of approving the common framework for the introduction of a Value Added Tax (VAT) in the GCC. VAT will help governments to deliver on long-standing plans for economic diversification away from oil, while still being able to deliver social and economic programs. ICMA has recognized the need for providing valuable and knowledgeable training on VAT and how it works and how it brings fruitful enhancement to the organisation and economic development either.
The course observes the various laws, rules and guidelines of VAT. It openly establishes the necessary controlling systems that has to be required to make smooth operations of VAT in an organisation. The course on VAT explores complete understanding of VAT, it consists of all the vital tax topics and after the training the students should have thorough knowledge on VAT and its procedures, including proper calculations and VAT.
VAT Course Objectives
The course will cover the following broad areas:
VAT and UAE
VAT and Economic Development
VAT and Organizational Development
VAT and Financial Performance of the Organisation
Input VAT and Output VAT
Categorize the supplies for VAT calculation
VAT regulations on Import and Export with reference to GCC countries and international level
An innovative course that has been specifically designed to provide risk managers with risk mitigation responses to a range of current risk issues which are looming large in our commercial world. During the training the participants will explore core risk management principles that will directly affect the organisation. Participants will also gain a clear understanding of the theory of risk communication and the consequences of ‘outrage’ for risk management.
Gain the knowledge, understanding and skills to confidently identify, treat and manage risks across your organisation
Plan and run a risk management workshop that galvanizes interested stakeholders and elicits the best opportunity for risk identification, assessment and treatment strategies
Who Should Attend:
Senior executives, financial analysts, managers, bankers, strategic planners, corporate accountants, financial management consultants, market regulators and risk and compliance advisory professionals and those executives responsible for governance.
Major Course Outlines:
Principles of Risk and Risk Management
Practice of Risk Management
Risk, Governance and Culture
Crises, resilience and future risks
Finance for Non-Finance Professional
This course provides managers and executives with no prior background in Finance and Accounting to understand properly financial accounting, financial reporting and business fundamentals. This training targets any manager or executive with a non-financial background looking to acquire knowledge on basics of finance, accounting and management. The course is designed in such a way as easy-to-grab mode that really helps the non-financial managers to learn basics of finance and accounting. This training will enable the participants to cultivate their skills and knowledge in financial areas in their business in order to effectively carry out their relevant duties professionally. This course enables the candidate to be confident in their line of work to manage assets, examine investment proposals, evaluating profit and expenditure, even to have proper personal financial discipline.
A rapidly changing and increasingly competitive global resource industry has resulted in a focus on efficient financial management and smart financial decision making. For the technical manager this has meant a high level of technical expertise is no longer sufficient for superior management performance. If you are required in your line of work to manage assets, analyze investment proposals, justify or approve expenditure then attending this Masterclass will equip you with the essential skills you need.
Who should attend?
This Workshop has been researched and developed for Directors, Managers, Superintendents, Supervisors, Engineers, Planners, Team Leaders, Project Coordinators, Human Resource Management, and Sales & Marketing in the technical and non-technical departments from in every functional area of responsibility across all industries.
Major Course Outlines:
Accounting and Finance Basic terminologies
Various cost structure
Cash flow statement
Pricing and Planning
Preparation of Financial Statements
Analysis of Financial Statements
Financial Information and Decision Making Process
Working Capital Management
Effective Financial Management System and Business Strategies