More light will be shed on the true role of oversight committees and internal audit offices, the extent of their influence, and the effective role they can play in directing work and correcting many administrative and financial decisions.
Internal audit is an independent, objective assurance and advisory activity that aims to add value and improve the company's operations. It also helps the company achieve its objectives by following a systematic and structured approach to assess and improve the effectiveness of governance, risk management and control processes. Of course, this definition is according to the Institute of Internal Audit.
Changes in the regulatory body and the corporate governance environment have greatly increased the expectations of many stakeholders with regard to the internal audit function. The Financial Review and Internal Audit Conference guides internal auditors through the standards required to perform this task. Audit in an effective and flexible manner based on results in order to support the strategic objectives of the company, improve sustainability and benefit from its ability to face future challenges.
You will learn how to design and put into practice ways to establish and retain a competitive advantage throughout this five-day program, especially in the face of a highly uncertain environment. You will learn how to use strategic frameworks, models, and tools to design, assess, and improve strategies as well as the fundamental ideas and practices related to strategy formulation, evaluation, and execution. You will analyze challenging, real-world business challenges through case studies throughout the curriculum as you learn how to build original, strategic solutions.
In today’s world, finance professionals are challenged by providing management a detailed analysis of the impact of the organization's financial decisions. Therefore, finance professionals need to be skilled at reading through the numbers on the financial statements, analyzing the figures, interpreting the various ratios, and presenting this analysis in a dynamic manner. This course takes you from the first step of understanding the relationships between the different elements of financial statements, through the process of calculating and analyzing the financial ratios, to the last step of presenting recommendations. While applying Excel tools and techniques, various real-life examples of published financial statements will be used throughout the course.
Paints are available across the globe & are going to stay for decades to come. As you join the industry, without being familiar with new/existing technical terms, industry keywords, concepts, or core fundamentals, you will easily lose connection in the field. Don’t get baffled by the enormity of the industry.
A good plan should begin with a good forecast, which in turn, may lead to a good budget. A strategy is a long-term plan of what the company is going to do to achieve its policy. The budget is the short-term plan of how strategies may be achieved. It is a quantification of the activities the company must develop to achieve its short-term plans.
Leadership is not something people are born with; leadership can be learned. All around the world businesses are realizing the power of great leadership. They realize the value it brings to the business and to individuals. They are also recognizing the significant costs of poor leadership. Leadership provides the motivation, incentive, and desire that leads teams and people to deliver extraordinary, world-class productivity, commitment, and quality of service. Becoming a great leader can make a very significant difference in your career. Great leadership is felt by everyone around you and becoming a performance leader means that others will not only follow you but will also want to do great work and be a part of your high performing team. The outcome of great leadership, then, is a success. Become a great leader now!
Understanding contract law has become an essential part of conducting our daily business functions. Whether you are in purchasing, contract management, subcontracts, project management, general management, or sales, you are constantly involved with legal and contract principles, sometimes without even realizing it. Too often the wording used in Contracts is not properly understood by those who are making decisions relating to those Contracts, and non-specialists are reluctant to get involved in the process of drafting and amending the documents which are critical to their company’s success. There may also be problems in assessing amendments proposed by the other party, and determining whether these are reasonable, or are eroding your company’s position.