Certificates & Programs
Certified Management Accountant
The CMA credential is:
- Focused on the critical skills you use in business.
- Respected Leading employers seek to hire and Promote CMAs.
- Valued CMAs earn higher compensation than Non certified professionals.
The new CMA program focuses the content on the critical skills of financial planning, analysis, control, and decision support. It requires a mastery of the critical skills and knowledge involved in planning; analysis, control and decision support and ensure that the CMA certification is attractive to employers.
In addition, the new CMA is market-oriented, unique, and differentiated from other certifications and degrees.
Benefits CMA
If you’re looking for an educational challenge where you build a fundamental knowledge of management accounting and financial management, that is relevant in every market around the world, then the CMA program is right for you and your firm.
Benefits for your firm:
- A cost-effective and efficient way to increase the knowledge and professionalism of your staff.
- A global program that tracks the needs of the industry and employers like you.
- A measure of job applicants’ competence and integrity.
Who should attend
Financial managers and heads of management accounting departments.
Professionals and staff work at revision and Financial and management audition.
Workers and professionals in banking and investment fields.
All workers in accounting field who wish to obtain professional training to able them to get leadership position.
Graduates from faculties of Economy and management sciences and Engineer’s
Engineer’s
To earn the CMA, you’ll need to meet the following requirements:
- Hold an active IMA membership
- Complete and pass Parts 1 and 2 of the CMA Exam.
- Hold a bachelor’s degree from an accredited college/university or a related professional certification.
- Abide by IMA’s Statement of Ethical Professional Practice.
- Two continuous years of professional experience in management accounting or financial management.
The CMA exam: 2 parts covering 12 competencies
Part 1:
Financial Planning, Performance, and Analytics
- Cost Management
- Internal Controls
- Technology and Analytics
- External Financial Reporting
- Planning, Budgeting, & Forecasting
- Performance Management
Part 2:
Strategic Financial Management
- Risk Management
- Investment Decisions
- Professional Ethics
- Financial Statement Analysis
- Corporate Finance
- Decision Analysis
About Chartered Financial Analyst (CFA)
Chartered Financial Analyst is an international certified program measure the efficiency of the financial analysts and the complementing of their knowledge.
It has been designed by the USA Chartered Financial Analyst Institute. This institute gave for the first time certificates in this field in 1963, and since then it is a symbol for excellence among the investment communities all around the world.
Value of CFA certificate:
On the corporate level:
- The global investment community at large recognizes the CFA designation as a symbol of professional excellence.
- Many investors include the CFA charter in the criteria they use to select the firms and individuals who manage their financial assets.
- Global recognition of the CFA Program gives employers and investors an internationally relevant standard for measuring the competence and integrity of investment professionals.
On the personal level:
- Virtually no other designation within the profession of investment management carries as much prestige as the CFA Charter.
- Registering for the CFA Program places you in the company of more than 100,000 investment professionals around the world, all of whom are committed to excellence in their chosen professions.
- Looking at the newest events in management throughout international knowledge network from professionals.
Who should attend
Candidates to obtain CFA certification include several professionals in the investment profession, most importantly the following:
Financial Analysts.
Company CEOs.
Invest company managers.
Strategists.
Investment portfolio managers.
Investment academic professionals.
Asset Valuation professionals.
Investment department managers in shareholding companies and banks.
Requirements for obtaining a CFA
Those who wish to sit for the CFA Exam should fulfill the following requirements:
- Have a U.S. bachelor’s (or equivalent) degree, or be in the final year of your bachelor’s degree program at the time of registration.
- Have four years of qualified professional work experience or a combination of work and college experience that totals at least four years.
- Complete the registration and enrollment form and pay the required fees.
- Meet the professional conduct admission criteria.
- Be prepared to take the examinations in English.
At least two years experience working in financial analysis and investment.
Topics CFA
The topics emphasized on each exam are similar but vary in focus and depth by program level. The major topics of focus and approximate weights by percent for each topic area are shown in the accompanying chart. The depth of your mastery of the curriculum will also be tested differently at each level.
—–—–• Quantitative Methods
—–—–• Economics
———• Financial Reporting and Analysis
———• Corporate Finance
—–—–• Equity Investments
—–—–• Fixed Income
———• Derivatives
———• Alternative Investments
—–—–• Portfolio Management
—–—–• Wealth Planning
About Certified Internal Auditor (CIA)
The Certified Internal Auditor (CIA) certificate is designated by the Institute of Internal Auditors in U.S.A – IIA to accredit the Internal Audit professionals through extensive training to topics and knowledge relevant to obtain it, so that Internal Auditors can certify their experience the way that will make them ready to occupy premium positions in their firms and advance their careers.
Value of CIA certificate:
CIA Certification enables certified professionals harvest various benefits summarized as follows:
- The CIA is a fellowship certificate of American internal auditors.
- The market for CIAs is high, hence their high benefits and distinguished salary packages.
- Professional accreditation of filed expertise.
- The CIAs are distinguished with their prestigious professional positions disregarding the nature of businesses to be audited, as they play a vital role through the advice they provide to the top managements of the business entities they audit.
- Preparing a new generation of Arab Internal Auditors capable of facing challenges of the new world environment and globalization.
Government and private sector auditors.
All professionals in the fields of financial and administrative audit.
Professionals in Banking & Investment sectors.
All professionals in the accounting field, seeking to upgrade in their professional career and occupy leading positions in their firms.
Financial Managers willing to gain a professional qualification that will certify their practical experience.
CIA Examinations:
Candidates for CIA certification must complete three examination parts:
Part 1: Internal Auditing Basics
Part 2: Internal Auditing Practice
Part 3: Internal Audit Knowledge Elements
Part 1: Essentials of Internal Auditing
Foundations of Internal Auditing
Proficiency and Due Professional Care
Governance, Risk Management, and Control
Independence and Objectivity
Quality Assurance and Improvement Program
Fraud Risks
Part 2: Practice of Internal Auditing
Managing the Internal Audit Activity
Performing the Engagement
Planning the Engagement
Communicating Engagement Results&Monitoring Progress
Part 3: Business Knowledge for Internal Auditing
Business Acumen
Information Security
Information Technology
Financial Management
Diploma in International Financial Reporting (DipIFR) is:
The Diploma in International Financial Reporting (DipIFR) certificate has been designed by ACCA institute.
If you are a finance professional who is not already knowledgeable about the details of International Financial Reporting Standards (IFRS), this qualification has a fast and efficient solution to meet your needs. If you need to develop a working knowledge of the area, the DipIFR can help prepare you.
International Financial Reporting Standards (IFRS) are mandated in more than 100 countries worldwide. All listed companies in the European Union (EU) have to prepare consolidated company accounts that comply with IFRS. It also affects associates and subsidiaries of EU-listed companies.
Other countries such as Australia, Hong Kong and South Africa have already adopted IFRS or equivalents as their local Generally Accepted Accounting Principles (GAAP).and many other countries around the world, including India, are moving toward supplying IFRS, which is having a significant impact on financial reporting
Course objectives
The course is designed to develop your knowledge and understanding of International Financial Reporting Standards. You will also learn how to apply them, as well as the concepts and principles which underpin them.
Benefits for your firm:
- A cost-effective and efficient way to increase the knowledge and professionalism of your staff.
- A global program that tracks the needs of the industry and employers like you.
- A measure of job applicants’ competence and integrity.
On completion of the Diploma candidates should be able to:
- Understand, explain and apply the IASB’s Conceptual Framework for Financial Reporting
- Apply relevant financial reporting standards to key elements of financial reports
- Identify and apply disclosure requirements for companies in financial reports and notes
- Prepare group financial statements (excluding group cash-flow statements) including subsidiaries, associates and joint arrangements.
Who should attend
If you are a professional accountant or auditor who works in practice or business, and are qualified according to national accounting standards, then you are eligible to take this ACCA financial reporting qualification.
Content of the certificate (DipIFR):
The approach is studied according to the DipIFR methodology BPP and to obtain the certificate, requires the participant to study the knowledge and skills related to topics of testing, which includes the following sections:
- International sources of authority
- Elements of financial statements
- Presentation and additional disclosures
- Preparation of external financial reports for combined entities, associates and joint arrangements
Requirements for obtaining a (DipIFR):
If you are working in practice, but not yet qualified, then you may still be eligible. You will need to prove that you have one of the following:
- Two years’ relevant accounting experience and a relevant degree (attracting at least ACCA qualification exemptions F1-F4)
- Two years‘ relevant accounting experience and an ACCA Certificate in International Financial Reporting
- Three years’ relevant accounting experience
- ACCA affiliate status.
Exam Structure and Content
Section A: International sources of authority
The International Accounting Standards Board (IASB) and the regulatory framework
Section B: Elements of financial statements
- Revenue recognition
- Property, plant and equipment
- Impairment of assets
- Leases
- Intangible assets and goodwill
- Inventories
- Financial instruments
- Provisions, contingent assets and liabilities
- Employment and post-employment benefits
- Tax in financial statements
- The effects of changes in foreign currency exchange rates
- Agriculture
- Share-based payment
- Exploration and evaluation expenditures
- Fair value measurement
Section C: Presentation and additional disclosures
- Presentation of the statement of financial position and the statement of profit or loss and other comprehensive income
- Earnings per share
- Events after the reporting date
- Accounting policies, changes in accounting estimates and errors
- Related party disclosures
- Operating segments
- Reporting requirements of small and medium sized entities (SMEs)
Section D: Preparation of external financial reports for combined entities, associates and joint arrangements
- Preparation of group consolidated external Reports
- Business combinations – intra-group adjustments
- Business combinations – fair value adjustments
- Business combinations – associates and joint arrangement
Budget Preparation
Objectives of the training program On
completion of the training, individuals should be able to:
- Learn how to align your budgeting process to your business strategy.
- Update and enhance your budgeting procedures.
- Understand how to incorporate flexibility into your budgeting process.
- Analyze modern techniques and tools that can improve current budgeting methods.
- Discover how to link your budget to staff performance.
Who should attend
Finance Directors, Financial Managers, Financial Controllers
Chief and Senior Accountants
Financial Planning Directors
Budgeting and Planning Managers
Budget Analysts, General Managers
Course Outline
- The budget process
- Developing the unit budget
- Implementing budget execution strategies and procedures
- Tracking and controlling funds terms and techniques
- Where does budgeting fit into your strategy?
- Types of budgets
- What is expected from the budgeting process?
- How to link budget to strategic goals
- Budgeting process – Definition and benefits
- Critical components of the budgeting process
- Best practices in developing the corporate strategy
- Best practices in approving and monitoring the budgetary process
- The role of strategic and annual performance plans in budget formulation
- Budgeting for capital programming
- Apply budget guidance for proper preparation of important formulation documents.
Financial Modeling
Objectives
This is a “hands-on” course, with extensive use of computers and spreadsheets. Its general objective is to develop spreadsheet and management skills for creating computer-based models for analyzing a variety of decision problems facing today’s financial managers and professionals.
Training Methodology
- Finance Directors, Financial Managers, Financial Controllers
- Chief and Senior Accountants
- Financial Planning Directors
- Budgeting and Planning Managers
- Budget Analysts, General Managers
Who Should Attend?
This course is designed for professionals ranging from:
Financial Accountants, Finance Managers and Financial Controllers
Business Analysts, Reporting and Financial Analysts
Management Accountants, Commercial Managers and Budget Managers
Any one asked to create financial models as part of their day-to-day job
Part 1:
Corporate Financial Statements Spreadsheet skills:
Organizing and creating spreadsheets; entering and formatting data values; entering expressions for calculating values; linking worksheets; splitting screens to facilitate working between several worksheets.
Financial management skills:
Understanding the three key financial statements (i.e., a company’s income statement, balance sheet, and cash flow statement) and the relationships between the various items on them.
Part 2:
Analysis of Financial Statements Spreadsheet skills:
Using logical IF statements; using conditional formatting to call attention to conditions that need correcting; pasting an Excel document into a Word document.
Financial management skills:
Analyzing the year-to-year changes in financial statements and various financial ratios; performing vertical analysis of financial statements; using financial ratios to benchmark a company’s performance against competitors; inserting spreadsheet results into company reports.
Part 3:
Forecasting Financial Statements Spreadsheet skills:
Using forecasts of revenues to forecast financial statements; using Excel’s Scenario Manager to do sensitivity analysis.
Financial management skills:
Forecasting financial statements and determining what happens if conditions change.
Part 4:
Project Forecasting Seasonal Revenues Spreadsheet skills:
Creating a seasonally-adjusted forecasting model by joining seasonal adjustments to an annual trend line or a moving average trend line; using error feedback to correct a model so that the average error is zero; using period values to update annual forecasts and revise the model.
Financial management skills:
Recognize seasonal variations in cash flows and demonstrate their importance to a firm’s financial, marketing, and operations management.
Part 5:
The Time Value of Money Spreadsheet skills:
Using Excel’s financial functions for calculating the present value of a future amount, the future value of a present amount, the net present value of a series of cash flows, periodic payments for mortgages and loans, etc.; linking an Excel worksheet to a Word document.
Financial management skills:
Understand the concept of the time value of money and apply it to various types of financial decisions.
Part 6:
Cash Budgeting Spreadsheet skills:
Organizing a spreadsheet into modules for different parts of a company and linking results; using a one-variable input table for sensitivity analysis to evaluate alternate operating tactics.
Financial management skills:
Understanding the role of a cash budget in a company’s marketing, production, and financial operations; examining the impacts of changing conditions on cash flows: forecasting the short-term borrowing and lending.
Part 7:
Capital Budgeting:
The Basics Spreadsheet skills: using Excel’s financial functions to calculate depreciation schedules; calculating financial measures of success, such as net present value and internal rate of return; using Excel’s Solver tool to determine changes that must be made to achieve specified goals.
Financial management skills:
Review taxes and depreciation; understand the inputs and outputs of capital budgeting; understand the various types of depreciation; apply appropriate financial criteria to evaluate investments in capital assets.
Additional Informatio:
- Price includes educational material.
- Attendance certificates will be awarded to trainees at the end of the course.
- Provide the company with course evaluation forms by participants.