Euro Training Limited Training Programs, Workshops and Professional Certifications
...

Specific Job Related Process Knowledge and Skills

Including Leveraging the Best of Digital Transformation, Data Analytics and Artificial Intelligence AI on his Job
Audio version brochure
FIN990-2D
2 Weeks of Process Good & Best Practices

Effective Auditing to Identify Creative Accounting

Building Hands-on Skills & Competencies in

  1. Aggressive Accounting
  2. Earnings Management
  3. Income Leveling
  4. Mis-Representation & Fraudulent Financial Reporting
www.eurotraining.com/bro/fin990-2.php

2 Week Job Process Good & Best Practices Training

Seattle, USA
16-27 Dec 2024
London
30 Dec 2024- 10 Jan 2025
Dubai
6-17 Jan 2025
Kualalumpur
20-31 Jan 2025
Dubai
3-14 Feb 2025
London
17-28 Feb 2025
New York
2-13 March 2025
Seattle, USA
16-27 March 2025
Istanbul
30 March-10 April 2025
New York
13-24 April 2025
Dubai
27 April-8 May 2025
Kualalumpur
11-22 May 2025
London
25 May-5 June 2025



Useful Links


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What is covered in this Program?

  1. This Job Process Competency program will help participant gain Processes and Competencies in Identifying, Preventing and Auditing Creative Misrepresentative Border-line Illegal Accounting. Expertise discussed will be related to Manipulations of financial reports often on the borderline of GAAP and sometimes against GAAP spirit.
  2. This Job Process Competency program will provide the participant understanding and processes on how to avoid Getting Mislead by creative, not necessarily illegal, Accounting practices.
    Remember Enron's classification of Maintenance Expenses, and Global crossings Safes Data. Both those companies became bankrupt when their practices became public and their Auditors disbanded before getting sued (including Arthur Anderson).
    The accounting practices may not have been illegal from tax purposes but may have mislead their investors. This type of accounting problems are collectively called Creativity Accounting.
    This Job Process Competency program will also discuss methods for detecting outright Fraudulent Financial Reporting.
  3. Who Should Attend?
  4. This Program is intended for Accounting, Finance and Audit Professionals and Managers. This Work Processes Good and Best Practices program is also essential training for Professionals participating in Accounting and Finance Data Analytics and Artificial Intelligence Products and Systems.
  5. This Job Process Competency program will also be useful for Merger & Acquisition Professionals, Auditors, Investment Decision Makers, Management Analysts, Vendor Prequalification Analysts, Investment Advisors, Government Auditors. This Job Process Competency program will also be very useful for IT Professionals developing and Improving Accounting and Finance Products and Systems.
  6. Program Content & Processes

Effective Auditing to Identify Creative Accounting

  1. Business Aspects of Corporate Accounting
  2. Strategic Aspects of Organizational Accounting

Legal & Regulatory Provisions

Accounting & Finance Data Stakeholders


  1. Needs and Expectations of Accounting & Finance Stakeholders
  2. The Financial Numbers
  3. Advanced Users of Financial Data and What they are Looking For?
  4. GAAP Key Relevant Requirements
  5. Guidelines of Financial Regulatory Agencies.
  6. Aggressive Accounting
  7. Earnings Management
  8. Income Leveling
  9. Fraudulent Reporting
  10. Creative Accounting Practices
  11. Understanding Difference between Legal & Illegal Accounting & Finance Reporting
  12. Systematic Identification of Aggressive Accounting
  13. Systematic Identification of Earnings Management
  14. Systematic Identification of Income Leveling
  15. Systematic Identification of Fraudulent Reporting
  16. Systematic Identification of Creative Accounting Practices
  17. Systematic Analysis of Accounting Documents
  18. Systematic Analysis of Financial Documents
  19. The Footnotes Method
  20. Change in Accounting Methodologies between Years
  21. Group Companies Accounting
  22. Foreign Currency Transactions
  23. Overseas Transactions
  24. Creative Classification & Reclassification of Costs & Expenses
  25. Trending Accounting & Finance Data
  26. Benchmarking Accounting & Finance Data
  27. Evaluating Innovative Financial Ratios
  28. Evaluating Changes in Financial Ratios and Trends
  29. Reporting Creative Accounting
  30. Workshop 1
  31. Workshop 2
  32. Good Practices for Creative Accounting & Reporting Identification
  33. Best Practices for Creative Accounting & Reporting Identification
  34. Key Performance Indicators KPIs for Creative Accounting Analysis
  35. Program Recommendations
  36. Participant's Detailed Creative Accounting Audit Implementation or Improvement Action Plan

2 Week Job Process Skills Training

Outcomes & Takeaways

Job Process Good & Best Practices Workshop Outcomes and Takeaways
  1. The Work Process Approach to Learning is a methodology that emphasizes learning through understanding the actual work processes.
  2. A work process refers to a set of activities or tasks that are carried out to achieve a specific outcome or result. These processes can be core to the business, such as manufacturing, service delivery, or customer support, or they can be supportive, like HR processes, IT services, or administrative workflows.
  3. The Goal is to closely align training content and methods with the specific processes, tasks, and challenges found in that domain real-world work environments.
  4. What the training achieves is building skills and competencies essential for actual work processes performance. Enabling quick and seamlessly understanding how to perform their processes effectively, efficiently and avoiding the usual mistakes and risks.
This 2 Week Training Workshop participant will typically take away...
  1. Program related Process knowhow, skills, competencies and process knowledge to perform the job work processes
  2. Training that will empower the participant to identify, support and implement work process improvements in his unit, team, section, department, and organization.

Benefits to the Organization Sponsoring Participants to this program

(Benefits made possible by Euro Training's above mentioned Planned Outcomes and Takeaways)

  • This Euro Training programs is different. It develops practical Job Process Skills.

    Benefits you may see in participant post program behavior...
    • Inclination to Recognize his Processes Customers and Stakeholders, and their Needs & Expectations.
    • Higher level of Relevant Multi-discipline Job Process Skills
    • Taking Initiative to Propose and help implement Process Improvements in his Work Responsibility Area.
  • How your Participant will Change after attending the program?...
    • Increased Work Process Performance Knowledge
    • Awareness to the Need to align process performance to the Needs and Expectations of Stakeholders and Customers (internal & external)
    • Awareness of the Need to Align Process Performance to Organizational Operational and Strategic Objectives.
    • Implement Good Management Practices during Process Performance, and, Gain Awareness to meet Requirements and Recommendations of the any Applicable Industry and Professional Standards.
    • Skill Sets for possible implementation the Program Discussed Action Plan for Process Improvements.
  • Type of improvements the participant will be trained to analyze and implement include (as relevant)

          (a) Productivity Improvements

          (b) Product and Service Differentiation

          (c) Exceeding Stakeholder & Customer Expectations.
  • Euro Training Instructors often act as mentors for participants (solely subject to instructor approval). Your participants can utilize this free service to ensure effective post program reinforcement and help when apply the ideas and skills acquired during the training.

Participant Individual Career Benefits
Job Satisfaction & Advancement

  1. First, and most important benefit, is the positive self-esteem that will come from being able to do your work processes right first time and meet internal and external customer expectations.
  2. Second, the Program developed Job Process Understanding & Skills will help participant successfully present his professional skills at Job Interviews and Internal Performance Evaluation Reviews.
  3. Participant gains clear direction and insight for analyzing, proposing and implementing improvements in his work processes.
  4. Post program when you take decisions related to your work processes you will automatically consider Multi-discipline aspects     (as applicable):

    Internal & External Customer Needs and Expectations, Technology Options, Data Analytics and Artificial Intelligence Opportunities, Helpful Tools and Methods, Consider Risks, Mitigate Risks, Take Actions that Increase Productivity, Consider Legal & Contractual Aspects, Consider Intellectual Property Aspects, Pay attention to Safety and Security, Consider future Audit, Weigh Cost Benefit between options, Be Mindful of Key Performance Indicators (KPIs), Consider how Performance will be evaluated, and, Consider need for and Opportunity to Develop a Decision Support Knowledge Base, .... (and, possibly more aspects).

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Registration & Fee Information (2 Week Workshops)

  1. Fee information is also available at:   PROGRAM-FEE-PAGE   Special Discounts May be Available Please email scholarships@eurotraining.com.
  2. To register please send us an official letter confirming registration (on organizational letterhead), or, send us a completed registration form above. GET MSWORD REGISTRATION FORM .
  3. Fees are Payable by Bank Transfer or Bank Draft.
    • 2 week (60 hrs) Training Workshop:
      Classroom Training at Dubai, Kuwait, New Delhi, Qatar £6,990 (USD $8,900) per participant.
      Classroom Training at London, US Locations, Europe, Malaysia, Singapore £7,689 (USD $9,790) per participant.
      Online eTraining Fee £3,500 (USD $4,375) per participant.
    Fee includes Course Materials, Certificate, Refreshments and Lunch (classroom programs).
  4. Accommodation is not included in Program fee. Special rates may be available at venue hotel for participants.
  5. A Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
  6. Cancellation & Date Change: No Fee Refund if participant cancels his registration less than 3 weeks before start of the program. Alternate nominations may be allowed if requested atleast 2 weeks before program start. In case of exceptional hardship or emergency participant may be allowed to attend same program at another location or date on payment of 10% of fee.
  7. All participants are required to fill in Participant Information Form and Program Related Questionnaire - on first day of the program.
  8. Each program Undergoes Customization to Better Meet Participant Present and Future Job and Career Needs. Please be prepared to let the Instructor/s know about your organization's Special Needs, Interests or Initiatives.
  9. It is always useful for participants to bring their existing problems or case studies, work-process flow charts or job related problems for discussion - consideration will be at sole discretion of the program director/s.
  10. Provisional Registration : You can make a provisional registration request by sending us an email using an official email account. Provisionsl registration request, when confirmed by Euro Training, will reserve a seat for you for 14 days. After our Confirmation you have 2 weeks to send us an official registration request. Provisional registration is automatically cancelled at the earlier of (1) 2 weeks after Provisional Registration Confirmation if registration is not reconfirmed from your side (2) Two weeks before start of the program. We do request you to inform us ASAP you have decided either way.

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