Training course overview
The most efficient way to establish company-wide effective internal control tools in any firm is through accounting and finance policies and procedures. Furthermore, accounting and finance rules and procedures are necessary for the board of directors and senior management to express the constraints and authorities delegated to various managers and staff within the firm.
The participants in this training course will be encouraged to create and implement operational policies and procedures using risk-based methods. They will learn to assign tasks to different individuals based on effective job separation and to use software to properly apply controls. This Accounting & Finance Policies & Procedures training course also includes examples of financial statements prepared in accordance with the International Financial Reporting System (IFRS).
This Coventry Academy training course will feature:
- Understanding business cycles
- Creating policies and processes
- Putting financial policies into action
- Planning accounting processes
- Task separation for employees
- Setting up internal controls
- Adherence to International Financial Reporting Standards (IFRS)