News
Training Courses of November 2020
03-Dec-2020
AMMAN - The International Arab Society of Certified Accountants (IASCA) held a digital training course titled “Internal Auditing and Introduction to Corporate Governance” through Microsoft Teams App.
The training course aimed at introducing the participants to the essence and targets of revision and auditing, the internal control systems and their functions, the internal auditing standards, and the procedures of the process of revision and auditing. Moreover, the training course aimed at enabling the participants of conducting audit engagements, with high efficiency, for all the main functions of the organization.
At the end of the training course, all participants received certificates of attendance and ensured that the course matched their practical needs and requirements.
Moreover, IASCA held a digital training course titled “Fundamentals of Finance and Accounting for Non-Financial Managers” through Microsoft Teams App.
The training course aimed at introducing the participants to the concept of financial performance, the fundamentals of financial accounting, the basic financial statements and financial reports, and the International Financial Reporting Standards (IFRS), in addition to enabling the participants of using the financial analysis to read and interpret the basic financial statements.
At the end of the training course, all participants received certificates of attendance and ensured that the course matched their practical needs and requirements.
Additionally, IASCA held a digital training course titled “IFRS 9 (financial instruments)” through Microsoft Teams App.
The training course aimed at introducing the requirements of IFRS 9, financial instruments, that supersedes IAS 39, as well as providing an in depth analysis of IFRS 9, financial instruments, through providing several examples and illustrative graphs to explain the business model and test the properties of cash flows in terms of classification of financial assets, amortization cost, measurement of fair value of financial assets and liabilities, and derecognition of financial assets.
At the end of the training course, all participants received certificates of attendance and ensured that the course matched their practical needs and requirements.
Moreover, the training course introduced the requirements of the initial recognition of financial instruments along with the classification, measurement, and subsequent measurement of such instruments on the date of financial statements. The course addressed the recognition of gains and losses arising from the evaluation of financial assets and the required disclosures. A comparison between the requirements of the new standard and the requirements of IAS 39 was also conducted.
At the end of the training course all participants received certificates of attendance and ensured that the course matched their practical needs and requirements.
Furthermore, IASCA digitally held a training course titled “Risk Based Internal Auditing” through Microsoft Teams App.
The training course aimed at enhancing the practical competence of the participants by developing standards and guidelines to enable them of understanding the systems of accounting and controls, and how the risks of audit engagements are managed. Participants were also introduced to the concept of risk based auditing, the recent methods of risk assessment, the concept of risk management, the real role of internal auditing in risk management, the concept of self-assessment of controls and how to apply such assessment. Participants were also trained to build an internal audit plan according to the risk approach, from the practical perspective, and to plan and implement an audit engagement according to the risk approach.
At the end of the training course, all participants received certificates of attendance and ensured that the course matched their practical needs and requirements.