ICAN Vision Statement - icanig.org

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ICAN

Vision Statement

To be a leading global professional body

Mission Statement

To produce world-class Chartered Accountants,

regulate and continuously enhance their ethical standards

and technical competence in the public interest

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Contents

Page

1. ICAN Vision and Mission Statements……………………………………………………………………………………………. 1

2. Table of Content ………………………………………………………………………………………………………………………… 2

3. MCPE Objectives, MCPE Philosophy, Why MCPE?………………………………………………………………………… 3-4

4. Introduction………………………………………………………………………………….……………………………………………. 5

5. Review of the year 2012 Programme…………………………………………………………………………………………… 5

6. 2012 MCPE In-House Seminars………………………………………………………………………………………………… 6

7. Thrust of the Year 2013 Programme……………………………………………………………………………………………. 6

8. MCPE Credit Hours Requirements……………………………………………………………………………………………….. 6-7

9. MCPE Compliance & Sanctions…………………………………………………………………………………………………….. 7

10. Accreditation of Seminars/Workshops………………………………………………………………………………………… 7-8

11. Duration & Fees………………………………………………………………..………………........................................................... 8-9

12. Method of Payment……………………………………………………………………………………………………………………... 9

13. Cancellations & Transfers, Enquiries ……………………………………………….………………………………………… 9

14. Seminar Dates, Zones, Sectors & Locations…………………………………………………………………………………… 10

15. Continuing Professional Education (CPE) Seminar Dates……………………………………………………………… 11

16. Executive Mandatory Continuing Professional Education (EMCPE) Seminar Dates………………………… 12

17. Topic Specific Programme…………………………………………………………………………………………………………… 13

18. I ICAN IFRS for SMEs Training ……………………………………………………………………………………………………… 14

19. IFRS Post Implementation Challenges: Practical Sessions …………………………………………………………….. 15

20. Executive CPE (Offshore Retreat for Professionals)……………………………………………………………………… 16

21. Continuing Professional Education (CPE)…………………………………………………………………………………….. 17 – 20

22. Executive Mandatory Continuing Professional Education (EMCPE)……………….............................................. 21 -24

23. Accounting and Excel Training for Executives………………………………………………………………………………. 25

24. Accountancy and Audit/Insolvency Sector …………………………………………………………………………………. 26 – 27

25. Banking Sector…………………………………………………………………………….............................................................. 28 – 29

26. Capital Market and Insurance Sector …………………………………………………………………………………………… 30 – 31

27. t Consultancy Sector……………………………………………………………………………………………………………………… 32 – 33

28. General Management Practice Sector ………………………………………………………………………………………….. 34 – 35

29. Information Technology Sector ………………………………………………………………….……………………………….. 36 – 37

30. Manufacturing Sector………………………………………………………………………………………………………………….. 38 – 39

31. Petroleum and Energy Sector …………………………………………………………………………………............................. 40 – 41

32. Public Sector Accounting …………………………………………………………………………………………………………… 42 – 43

33. Tax Practice Sector………………………………………………….…………………………………………………………………... 44 – 45

34. Telecommunications Sector………………………………………………………………………………………………………… 46 - 47

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MCPE Objective

To continuously update the technical skills and

competencies of the Chartered Accountant

through value added training programmes

provided at minimum costs and designed to

enhance productivity and social responsiveness.

MCPE Philosophy Continuous development of knowledge,

judgment and expertise is a fact of life in

today’s business environment.

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Why MCPE?

Knowledge is a perishable commodity.

It becomes obsolete with the passage of time.

It has to be re-affirmed, re-learnt and practised at all times.

Skill renewal through continuous formal

training is, therefore, inevitable.

That is the essence of MCPE

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Introduction

The concept of Mandatory Continuing Professional Education (MCPE) was introduced in 1995 by the International Federation of Accountants (IFAC) with the aim of capturing today’s global knowledge base. The Institute subsequently adopted the scheme in 1996 with a view to deploying appropriate knowledge, skills and technologies to its members in line with IFAC’s objective.

This programme provides major spring boards for economic empowerment of members since it is a veritable source of information and education for updating, improving and enhancing the knowledge and professional skills of members. As a professional body dedicated to best practice in management and development, the Institute has continuously improved on skills development, while innovations are on-going to give members the leading edge in the various sectors of the global economy.

The structured brochure for this year covers fifteen (15) different sectors. In addition to this, an intensive training programme has been packaged to update members’ knowledge in IFRS and IPSAS. This intensive programme gives members hands-on knowledge about these new reporting standards. It is laced with a lot of case studies, detailed training manual as well as a soft copy of the training materials. Also, a training programme aimed at providing required knowledge for those who need accounting refresher and hands on excel training has been prepared to help people involved in accounting work, as well as executives who need basic accounting knowledge to do their work, gain the required skills. The programme under Topic Specific is titled ‘Accounting and Excel Training for Executives’. Furthermore, an offshore training programme which is open to members and non-members will take place in May this year. The Committee, with the approval of Council, may increase these sectors as deemed fit subject to developments in the global economy.

Review of the Year 2012 Programme

The 2012 Continuing Professional Education Programme which covered diverse sectors ran from January 23 to December 13, 2012. The continuous and extensive review carried out to make seminars relevant and meet the needs of members and users of accounting services was very rewarding. This is attested to by the wide acceptance of the programme by members from the various sectors of the economy and the general public. A total of fifty six (56) regular seminars were successfully conducted in fifteen (15) locations across the country as follows:

Locations MCPE CPE EMCPE ACCOUNTING & EXCEL

TRAINING

IFRS

Awka - - 1

Abuja 2 - - 2

Lagos 20 4 4 1 5

Ibadan 2 - - -

Asaba/Benin-City/ Calabar/Kano/ Owerri/Uyo/Enugu/Warri

1 in each location

(8)

-

-

-

-

Ilorin

1 - - - 1

Port-Harcourt 1 - - - 1

TOTAL 34 4 4 1 10

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2012 MCPE In-House Seminars The Institute conducted In–House seminars in the following organisations in the year 2012:

ORGANISATIONS NUMBER OF STREAMS

Chevron Nigeria Plc 1

MTN Communications Limited 4

Nigerian Bottling Company Limited 2

PZ Cussons Limited 1

Shell Petroleum Development Corporation, Port Harcourt

1

Shell Nigeria Exploration & Production Company Limited (SNEPCO)

1

GlaxoSmithKline PLC 1

IBTC Pension Managers Ltd 1

Skye Bank 3

Zenith Bank Plc 11

Stanbic Asset Management Ltd 1

Stanbic/IBTC Bank 2

Nigerian Deposit Insurance Corporation (NDIC) 2

American University of Nigeria 1

Stanbic/IBTC Stockbrokers 1

TOTAL 33

Summary of 2012 MCPE Seminars SEMINARS RUNS STRUCTURED UNSTRUCTURED ATTENDANCE

MCPE/Conferences 39 8759

CPE 3 65

EMCPE 4 181

In-House 32 1567

Topic Specific 13 1121

Others 9376

TOTAL 21,069

As part of the Institute’s effort at ensuring that its members are abreast of developments in the profession, the Institute is aggressively marketing the In-house MCPE Programme to reputable organizations who employ a significant number of chartered accountants who may not be able to participate in regular MCPE programmes due to exigencies of work. These organizations are encouraged to request for In-house programmes.

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Thrust of the Year 2013 MCPE Programme As a follow up to the remarkable achievements recorded in previous years, the Institute has, in the current year, put up a comprehensive programme of professional development through the MCPE in order to enhance the skills acquisition of its members that would give them competitive edge. To develop members’ skills, the Institute’s approach in the year 2013 is to ensure that their learning development and growth at all stages of their professional career are fully addressed by relevant courses in the MCPE programme.

The principal benefits of the MCPE, which is the main focus for the year 2013 programme, are as follows:

help members identify areas of development which are relevant to and support their careers

provide effective skill renewal through continuous formal training provide the avenue for continuous update of technical skills of Chartered Accountants enhance the productivity, efficiency and social responsiveness of members re-assure employers and the public that members keep themselves abreast of current

developments and employ an ethical approach to their duties offer a measurable and transparent approach to MCPE provide members with an accessible range of services that will help them maintain and

develop their expertise

To sustain these benefits, each course has been designed to generate in-depth, highly interactive and practical sessions to cater for members’ professional needs. The scope and depth of coverage of seminars in all the sectors have been enhanced to add value to them. Members will be encouraged through syndicate sessions to effectively contribute and exchange ideas, express opinions and share real life experiences in all seminars and workshops. All programmes will be delivered with modern training equipment. A faculty of distinguished and erudite professionals will facilitate at all seminars.

MCPE Credit Hour Requirements Every member of the Institute is required to obtain a minimum of thirty (30) credit hours in a year. Of these, fifteen (15) must be from structured programmes in line with MCPE training guidelines.

MCPE Compliance and Sanctions A member of the Institute is required to obtain a minimum of 30 credit hours (which could be obtained solely from structured seminars or a combination of structured and unstructured seminars) in a year. The structured programmes are Mandatory Continuing Professional Education (MCPE), Continuing Professional Education (CPE), Executive Continuing Professional Education (ECPE), and Executive Mandatory Continuing Professional Education (EMCPE), the Annual Accountants’ Conference, World Congress of Accountants, District Societies Accountants’ Conference and Accountancy Bodies in West Africa (ABWA) Conference.

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The unstructured programmes include seminars, workshops, meetings, etc. organised by either the Institute or other organisations, ICAN Annual Dinner, ICAN Annual General Meeting, ICAN symposia, Council and Committee meetings, Examination exercises (Invigilation, marking, extraction and pool setting), Retreats, Publications in the Institute’s journal, District Societies meetings, facilitation at MCPE seminars and other events of the Institute.

The Council of the Institute has noted that some members are deficient in the acquisition of the minimum credit hours required by the IFAC. Council expects defaulting members to make up for the deficient credit hours within the year by attending MCPE seminars.

It is worthy of note that the Council of the Institute had approved sanctions since March 2003; members deficient in the required MCPE credit hours would be denied the following privileges:

Sponsorship of students for registration, exemptions, examinations and registration for induction into membership

Sponsorship of graduate members for the Institute’s membership Elevation to fellowship Obtaining and Renewal of Practising Licence Membership of Committees Contesting Council Elections, and Occupying any executive position in a District Society

Additional sanctions, which might affect the membership status of defaulting members, have also been approved for implementation.

The Council of the Institute implores all members to attend any two seminars from the various sectors each year to earn the necessary thirty (30) credit hours in the process of updating their knowledge.

Accreditation of Seminars/Workshops The Institute’s policy on the assessment of seminars/workshops organised by other organisations, District Societies etc, requires the submission of the following: Payment of Accreditation fees Contact Hours Course programme, reflecting the duration of each paper Seminar papers should be forwarded three weeks before date of seminar for evaluation Evidence of original attendance of members through attendance sheets signed by

participants Resume of resource persons Request for monitoring of the programme before the seminar Theme of the programme /course outline/topics Target Audience Expected number of participants Date and venue of the programme Name of course co-ordinator For any programme outside Lagos, the organiser will provide transport, accommodation

and feeding for the monitor.

All requests for local and international accreditation must comply with the above criteria for the purpose of assessment before credit hours can be allocated to such seminars or workshops.

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Duration and Fees Duration: The duration of each programme ranges from two to five days

Fees: The following fees apply:

S/NO SEMINAR TYPE PAYMENT MADE ONE WEEK BEFORE THE SEMINAR(N)

AT THE VENUE (CORPORATE CHEQUE OR BANK DRAFT ONLY)

1 MCPE 25,000 30,000

2 CPE 35,000 (45,000 non members) 40,000 (45,000 non members) 3 EMCPE 80,000 (85,000 non members) 85,000 (90,000 non members) 4 IFRS, IPSAS &

Accounting and Excel Training for Executives

80,000 (85,000 non members) 85,000 (90,000 non members)

5 Offshore ECPE US$ 1,500 No payment at the venue

Method of Payment Payments for all local seminars can be made in cash, corporate cheque or certified bank draft or e-payment payable to The Institute of Chartered Accountants of Nigeria, before the date of the Seminar, at any of the Institute’s offices or to the MCPE Zenith Bank Account no.1012757801, Sort Code: 057151012. Payment at the venue is by corporate cheque or bank drafts. Personal cheques will not be accepted.

Cancellations, Refunds and Transfers 1. Refund of 100% of fees paid would be made on request if cancellation is made within 14

days or more before the event. 2. Transfers to other programmes can be made if requests are received within 7 days or

more before the commencement of the programme paid for. 3. No refund or transfer to another programme will be made where request for cancellation

is received by the Institute less than 7 days before the commencement of any programme.

Disclaimer The Institute may be forced to cancel or postpone a programme or seminar due to unforeseen circumstances, and would not be liable for any damages suffered by participants as a result of such cancellations.

Enquiries For further enquiries on the Institute’s Professional Training Programmes, please call or write to:

Members’ Education & Training Department ICAN Annexe 82, Murtala Mohammed Way, Ebute-Metta, Lagos Telephone 01- 7917234 (DL) 01-7642297 – 8, 0803 723 0393 0803 354 7351 Fax: 01-4627048 e-mail: [email protected] [email protected] [email protected]

Registrar/Chief Executive Plot 16, Idowu Taylor Street Victoria Island, Lagos Telephone 01-76422495 – 6 Fax: 01 – 4627048 e-mail: info.ican.org.ng Website: http/www.ican-ngr.org

mailto:[email protected]



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Seminar Dates, Zones, Sectors and Locations

S/N ZONE SECTOR DATES LOCATIONS

1. Lagos Tax Practice March 27-28 Lagos Airport Hotel, Ikeja

2. Jos Public Sector Accounting April 10-11 Elim Top Suites, No. 1 Golf Course Rd, Mai-Adiko, Rayfield, Jos

3. Lagos Information Technology April 10-11 Eden Comfort Plaza, 17, Alade Avenue, Off Obafemi Awolowo Way, Ikeja Lagos

4. Warri Tax Practice April 17-18 Ishaka Hotel Refinery Road, Ekpan Warri, Delta State

5. Lagos Accountancy and Audit May 8-9 Eden Comfort Plaza, 17, Alade Avenue, Off Obafemi Awolowo Way, Ikeja Lagos

6. Enugu Petroleum & Energy May 15-16 Roban Hotels, Ukwa Street, Independence Layout, Enugu

7. Lagos General Management Practice May 15-16 Lagos Airport Hotel, Ikeja

8. Akure Public Sector Accounting May 22-23

9. Lagos Consultancy June 5-6 Lagos Airport Hotel, Ikeja

10. Abuja Information Technology June 5-6 Sharon Ultimate Hotel, Plot 1710, Tafawa Balewa Way, Area 3, Garki, Abuja

11. Lagos Public Sector Accounting June 12-13 Eden Comfort Plaza, 17, Alade Avenue, Off Obafemi Awolowo Way, Ikeja Lagos

12. Ibadan Tax Practice June 12-13 University of Ibadan & Conference Centre UI Ventures, Ibadan, Oyo State

13. Lagos Telecommunications June 26-27 Lagos Airport Hotel, Ikeja

14. Uyo Accountancy and audit June 26-27 Multipurpose Hall, Governor’s Office Annexe, Wellington Bassey Way, Uyo, Akwa Ibom State

15. Kaduna Accountancy and Audit July 3-4 NAF Club, Rabah Road, Kaduna

16. Asaba Tax Practice Jul 3-4 Orchid Hotels, DBS Road, GRA, Asaba, Delta State.

17. Lagos Information Technology Jul 17-18 Lagos Airport Hotel, Ikeja

18. Abuja Tax Practice July 17-18 Sharon Ultimate Hotel, Plot 1710, Tafawa Balewa Way, Area 3, Garki, Abuja

19. Lagos Consultancy Aug 14-15 Lagos Airport Hotel, Ikeja

20. Owerri General Management Practice Aug 14-15 OWERRI HOTEL PLAZA, Plot 80, Port-Harcourt Road, Owerri, Imo State.

21. Lagos Capital Market and Insurance Aug 21-22 Lagos Airport Hotel, Ikeja

22. Ilorin Public Sector Accounting Aug 21-22 Royal Shekinah Suites, Ajase Ipo Road, Opposite MRS Filling Station, Ilorin, Kwara State

23. Port Harcourt Information Technology Aug 28 - 29 L A Kings Complex, Plot 267, GRA Phase IV, Stadium Road, Elekahia, Port Harcourt, Rivers State

24. Lagos Manufacturing September 4-5 Lagos Airport Hotel, Ikeja

25. Benin-City Tax Practice September 4-5 Bishop Kelly Pastoral Centre, Airport Road, GRA, Benin - City

26. Lagos Petroleum and Energy September 11-12 Lagos Airport Hotel, Ikeja

27. Kano Consultancy September 11-12 Horizon Hotel, 5 Courthouse Close, Off Miller Road, Bompai, Kano

28. Calabar Tax Practice September 25-26 Channel View Hotel, MCC Road Calabar, Cross River State

29. Lagos General Management Practice September 25-26 Eden Comfort Plaza, 17, Alade Avenue, Off Obafemi Awolowo Way, Ikeja Lagos

30. Lagos Information Technology October 23-24 Lagos Airport Hotel, Ikeja

31. Port Harcourt Accountancy, Audit & Insolvency November 6-7 L A Kings Complex, Plot 267, GRA Phase IV, Stadium Road, Elekahia, Port Harcourt, Rivers State

32. Lagos Public Sector Accounting November 6-7 Lagos Airport Hotel, Ikeja

33. Abuja Banking November 13-14 Sharon Ultimate Hotel, Plot 1710, Tafawa Balewa Way, Area 3, Garki, Abuja

34. Lagos Tax Practice November 13 – 14 Lagos Airport Hotel, Ikeja

35. Lagos Capital Market & Insurance November 20-21 Lagos Airport Hotel, Ikeja

36. Lagos Telecommunications November 27-28 Eden Comfort Plaza, 17, Alade Avenue, Off Obafemi Awolowo Way, Ikeja Lagos

37. Ibadan Accountancy, Audit & Insolvency December 4-5 University of Ibadan & Conference Centre UI Ventures, Ibadan, Oyo State

38. Lagos Banking December 4-5 Eden Comfort Plaza, 17, Alade Avenue, Off Obafemi Awolowo Way, Ikeja Lagos

39. Lagos Accountancy, Audit & Insolvency December 11-12 Lagos Airport Hotel, Ikeja

Note: A change in seminar dates/venues would be uploaded on the Institute’s website at least a week to the programme. Seminar Fee: N25, 000 for pre-payment and N30,000 for payment at the venue(Regular MCPE only).

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Continuing Professional Education (CPE)

For Members and Non-members of ICAN Venue: Lagos Airport Hotel

Ikeja, Lagos

Fees: Pre-payment (a week before) On seminar date (corporate cheque or bank draft)

Members: N35, 000 N40,000

Non-Members: N40, 000 N45,000

Credit Hours: 15 units

1. April 24-25 Improving Personal and Business Effectiveness to Enhance Productivity

2. June 17-18 Strategic Management and Corporate Governance

3. August 14-15 Unlocking Nigeria’s Agriculture Potential for Economic Empowerment

4. November 13-14 Entrepreneurship: Overcoming Business

Challenges in the Nigerian Environment

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Executive Mandatory Continuing Professional Education (EMCPE)

Venue: Sheraton Lagos Hotel & Towers Mobolaji Bank Anthony Way

Ikeja, Lagos

1. June 5-6 Contemporary Economic and Financial

Developments

2. July 17-18 Thriving in today’s Challenging Business Environment

3. September 4-5 Leveraging Current Trends and Developments in ICT

4. December 11-12 Issues and Challenges of IFRS Implementation in Nigeria

Pre-payment (a week before) On seminar date (corporate cheque or bank draft)

Fees: Members N80,000 N85,000

Non-Members N85,000 N90,000

Credit Hours: 15 units

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Topic Specific Programme

S/No

Date

Location

IFRS FOR SMEs TRAINING

1. Feb 18-21 Lagos

2. March 19-22 Port Harcourt

3. April 9-12 Lagos

4. June 18-21 Abuja

1. April 15 - 19 Owerri INTENSIVE IFRS TRAINING

2. November 04 - 08 Lagos “

1.

May 21-24

Kano

INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS TRAINING

2. July 9-12 Lagos “

3. Sept 24 - 27 Lagos “

4. Oct. 29 – Nov 01 Abuja “

1. April 23 - 26 Lagos

IFRS POST IMPLEMENTATION CHALLENGES: PRACTICAL SESSION

2. September 16-18 Lagos “

3. October 22-24 Abuja “

1 December 02 - 06 Lagos ACCOUNTING & EXCEL TRAINING FOR EXECUTIVES

Pre-payment (a week before) On seminar date (Corporate Cheque Or Bank Draft)

Fees: Members N80,000 N85,000

Non-Members N90,000 N95,000

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ICAN IFRS FOR SMEs TRAINING

Programme at a glance

Day 1 – Overview of IFRS for SMEs & Financial Statement Preparation

Day 2 – Financial Instruments and Assets

Day 3 – Liabilities and Business Combinations

Day 4 – Implementation and Illustrative Financial Statements

Overview: Bullet points covering all Sections 1-35, including highlight of differences with full IFRSs, Sec 24: Government grants, Sec 25: Borrowing costs, Sec 26: Share-based payment, and Sec 34: Specialised industries • Scope and concepts: Sec 1: Definition of SME, Sec 2: Concepts

• Transition to IFRS for SMEs Sec 35: Transition & first time adoption Quiz-case study on Overview & Transition

• Financial statement presentation:

Sections 3 to 8 Financial statements Sec 10: Accounting policies Sec 32: Events after year end Section 33: Related party disclosures Portions of Sec 30: Foreign Currency relating to functional currency and presentation currency Quiz-case study on Financial Statement Presentation

Financial Instruments:

• Sec 11 and Sec 12 Financial

Instruments

• Sec 22: Liabilities & Equity

• Sec 12: Financial Instruments

• Portion of Sec 30: Foreign

Currency dealing with

foreign currency hedging

• Quiz-case study on Financial

Instruments

Assets:

• Sec 13: Inventories

• Sec 17: Property plant and

equipment

• Sec 18: Intangible assets

• Sec 27: Impairment

• Sec 14: Associates

• Sec 15: Joint ventures

• Sec 16: Investment property

• Quiz-case study on Assets

Income Tax: • Sec 29: Income tax

Revenue - Sec 23: Revenue • Quiz-case study on

Income Tax and Revenue

Liabilities • Sec 20: Leases • Sec 21: Provisions • Sec 28: Employee

benefits • Quiz-case study on

Liabilities Consolidation and business combinations: • Sec 9: Consolidation • Sec 19: Business

Combinations • Sec 30: Foreign

Operations • Quiz-case study on

Consolidation and Business Combinations

• Comparison of key requirements of IFRS for SMEs with related requirements in full IFRSs

• Presentation and disclosure checklist

• Illustrative financial statements

• IFRS Updates (General and SME specific)

• Overview of the Financial Reporting Council Act 2011

• Implementation of IFRS: issues for SMEs

• Post implementation issues for full IFRSs and learning points for SMEs

• Case study

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IFRS Post Implementation Challenges: Practical Sessions

Day 1 – OVERVIEW OF IFRS ADOPTION Day 2 – IFRS IMPLEMENTATION Day 3 – IFRS CHANGES & FUTURE AGENDA ITEMS

a) IFRS 1, First time adoption of IFRS

b) Key differences between NGAAP & IFRS: • IAS 16, Property, plant and

equipment • IAS 38, Intangible assets • IAS 40, Investment

Property • IAS 36, Impairment of

assets • IAS 23, Borrowing costs • IAS 2, Inventories • IAS 17, Leases • IFRS 5, Non-current assets

held for sale and discontinued operations

• IFRS 2, Share-based payment

• IAS 37, Provisions, contingent liabilities and contingent assets

• IAS 10, Events after the reporting period

• IAS 19, Employee benefits • IAS 12, Income taxes • IAS 18, Revenue

c) Case study

• Preparation & presentation of financial statements (pro-forma, accounting policies, explanatory notes)

• Disclosure standards (IAS 7, IAS 24, IAS 33, IAS 34, IFRS 8)

• Tax implications of IFRS adoption • Illustrative financial statements - worked

examples to cover: PPE Intangible Assets Impairment Borrowing cost Inventories Leases Revenue Discontinued operations Provisions Employee benefits

• Case study

• New standards (IFRS 10, 11, 12 & 13)

• Areas of difficulty under IFRS and improvement standards – (to include financial instruments and insurance contracts)

• Revised standards, proposed changes and future agenda items

• Practical session and worked examples

• Case study

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EXECUTIVE CPE

OFFSHORE RETREAT FOR PROFESSIONALS (MEMBERS AND NON-MEMBERS)

THEME: FFRROOMM NNAATTIIOONNAALLIISSMM TTOO GGLLOOBBAALLIISSAATTIIOONN:: RREEPPOOSSIITTIIOONNIINNGG

TTHHEE AACCCCOOUUNNTTAANNTT FFOORR SSTTRRAATTEEGGIICC AADDVVAANNTTAAGGEE

TOPICS

Day 1 Impact of Adoption of IPSAS on Financial Processes and Systems Driving Strategy with Performance Management

Day 2 Issues and Challenges of IFRS Implementation Entrepreneurial Finance: Providing Solutions to SMEs

Day 3 Strengthening Supreme Audit in Public Financial Accountability in Nigeria

Public Budget Process, Implementing and Reporting in Nigeria

DATE: May 5-10, 2013

VENUE: BANJUL, GAMBIA

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SYNOPSIS

Continuing Professional Education (CPE) enables participants to interact and discuss on

emerging contemporary issues locally and internationally, with far reaching implications for

personal and organisational success. This year, CPE themes have been carefully selected with a

view to keeping participants informed on current issues and building capacity.

THEME 1

IMPROVING PERSONAL AND BUSINESS EFFECTIVENESS TO ENHANCE PRODUCTIVITY

At the end of the session, Participants should be able to:

Identify personal values, qualities, interests, abilities and aptitudes that enhance productivity

Develop habits of personal effectiveness Discover self and build positive mental attitude Manage self and others in the Organisation

PAPER 1 PERSONAL EFFECTIVENESS – A DISCOVERY OF YOUR TRUE SELF FOR SUCCESS

Contents

Know Yourself: Values, Abilities and Potentials

Know Your Organisation: Vision, Mission and Goals

Aligning Personal Goals with Organisational Goals

The Charateristics of a Go-Getter Leveraging your True Talent Case Study

PAPER 3

OPTIMISING PERSONAL AND BUSINESS EFFECTIVENESS

Contents

Key Issues in Personal Effectiveness Effect of Negative Attitude on the Job Priority Management and Delegation Spotting and Development of Talent Managing Generational Differences Case Study

PAPER 2 EFFECTIVE BUSINESS COACHING – THE BASICS Contents

Overview of Coaching Coaching Models Setting and Prioritising your Personal

Goals Coaching – A Complimentary Revenue

Stream Case Study

PAPER 4 SKILLS FOR DELIVERING HIGH IMPACT RESULTS Contents

Action Planning for Personal and Professional Effectiveness

Putting Talents to Optimum Use Habits of Highly Effective People Tips for Personal and Professional

Effectiveness Case Study

AKPOBI RAYMOND (12289) Benin City Attending the ICAN MCPE Seminars has kept me updated with the current happenings in the accounting profession.

CONTINUING PROFESSIONAL EDUCATION (CPE)

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THEME 2

STRATEGIC MANAGEMENT AND CORPORATE GOVERNANCE Objectives

At the end of the session, participants should be able to:

Define the Concepts of Strategic Management and Corporate Governance Identify and Manage Risks Ensure High Ethical Standards in Corporate Governance Determine the Place of Strategic Management in Corporate Governance

PAPER 1 FUNDAMENTALS OF STRATEGIC MANAGEMENT

Contents

Definition and Basic Concepts Importance and Benefits Strategic Management Process Implementation Issues Case Study

PAPER 3

THE ROLE OF ETHICS IN CORPORATE GOVERNANCE

Contents

Definitions of Ethics and Ethical Standards

Principles of Corporate Governance Accountability and Stakeholder’s

Management Best Practices in Corporate Governance Case Study

PAPER 2

IDENTIFYING AND MANAGING RISKS Contents

Definitions of Business Risks Identification of Business Risks Causes of Business Risks Effective Management of Business Risks Case Study PAPER 4

THE ROLE OF CORPORATE GOVERNANCE IN STRATEGIC MANAGEMENT Contents Elements of Corporate Governance Overview of Strategic Management Relationship between Corporate

Governance and Strategic Management Case Study

UDOMBONG O. SAMUEL (22215) – Uyo MCPE Seminars have not only given me the opportunity to interact with professional colleagues, but also aroused my interest in undergoing personal study plan to update my knowledge.

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THEME 3

UNLOCKING NIGERIA’S AGRICULTURAL POTENTIAL FOR ECONOMIC EMPOWERMENT

Objectives


Evaluate the Contribution of Agriculture to the Nation’s Economy Identify the Opportunities inherent in the Agricultural Sector Explore Financing Options for Agricultural Business Opportunities Apply Lessons Learnt from other Nations PAPER 1 CONTRIBUTION OF AGRICULTURE TO NIGERIA’S ECONOMY IN THE LAST 50 YEARS

Contents

History of Agriculture in Nigeria Agricultural Practices in Nigeria Agriculture and Economic Development

in Nigeria

PAPER 3 ACCESSING FINANCE FOR AGRICULTURAL BUSINESS Contents

Sources of Funding Funding Instruments and Policies in

Agricultural Business Requirements for Accessing Agricultural

Financing Challenges in Funding Agriculture and the

Way Forward in Nigeria Case Study

PAPER 2 AGRICULTURAL BUSINESS: HARNESSING THE OPPORTUNITIES

Contents

Forms of Agricultural Business Identifying Opportunities in Agricultural

Business Taking Advantage of the Opportunities Risks and Challenges in Agricultural

Business Managing the Risks and Challenges Case Study

PAPER 4

NIGERIAN AGRICULTURAL BUSINESS: LEVERAGING GLOBAL BEST PRACTICES Contents

Government Policies, Programmes, Initiatives for Agricultural Development

The Interface of International Agricultural Institutions with Nigeria’s Agricultural Development

The Way Forward Case Study

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EJEH GODWIN (20356) In- House It has reminded me of gaps in learning and helped to take proactive steps to bridge the gap.

THEME 4

ENTREPRENEURSHIP: OVERCOMING BUSINESS CHALLENGES IN THE NIGERIAN ENVIRONMENT

Objectives


Discover the Fundamentals of Business Success for an Entrepreneur Identify Appropriate Skills for Entrepreneurship Distinguish between different types of Entrepreneurial Arrangements Apply Entrepreneurial Skills in Decision Making PAPER 1 BUILDING BLOCKS FOR BUSINESS SUCCESS AS AN ENTREPRENEUR

Contents

An Overview of the Nigerian Business Environment

Elements of Business Success Why Businesses Fail Developing a Winning Business Plan Business Sustainability and Succession

Planning Case Study PAPER 3 FORMS OF ENTREPRENEURIAL ARRANGEMENTS Contents

Sole Proprietor, Partnerships and Joint Ventures, etc

Family Businesses The Franchise Option Transition from an Entrepreneurial

Mindset to a Corporate Mindset Case Study

PAPER 2 DEVELOPING ENTREPRENEURIAL SKILLS

Contents

The Mindset of the Entrepreneur Required Skills for Entrepreneurship Business Coaching, Mentoring and

Apprenticeship Implementation – The SWOT Analysis Case Study

PAPER 4 DISCOVERING YOUR NICHE AND CHARTING YOUR PATH TO BUSINESS SUCCESS- A PRACTICAL APPROACH Group Discussion and Case Study

OGOH CHARLES (27963) – In-house – MCPE Seminars helps in updating my knowledge on regular basis.

21

THEME 1

CONTEMPORARY ECONOMIC & FINANCIAL DEVELOPMENTS

SYNOPSIS

The world is changing faster than ever before; the way we work, interact, deliver and consume services. Executives need to be abreast of contemporary developments, critically assess risks and exploit opportunities inherent in their business environment. Therefore, leaders must be on the cutting edge of knowledge to hone their creativity.

Objectives


Appraise Current Issues like the LIBOR Fixing by Top Western Banks Discuss Various Perspectives of the Current World Recession Adopt New and Profitable Approaches to Service Delivery and Workforce Management Apply the Concept of Financial and Business Intelligence (FBI) and Sustainability Reporting Recognise the Value of Whistleblowing

PAPER 1

SUSTAINABILITY REPORTING IN EMERGING MARKETS

Contents

Concept of Sustainability Reporting Global Trends in Corporate ‘Sustainability’

Reporting Critical Examination and Relevance of

Sustainability Reporting in Emerging Markets

The Future of Sustainability Reporting Case Study 1 Case Study 2

PAPER 3

EMERGING TRENDS IN FINANCIAL AND BUSINESS INTELLIGENCE (FBI)

Contents

Overview of Financial and Business Intelligence

Contemporary Issues in Data Warehousing and Analysis

Information Visualisation for Businesses Benefits of Implementing Dashboard

Projects Review of Business Intelligence Vendors

and Applications Case Study

PAPER 2

ISSUES IN GLOBAL FINANCIAL CRISIS

Contents

An Overview of Current Global Financial Crisis

The Concept, Relevance, Myths & Impact of the Euro Crisis

The LIBOR fixing Scandal and its Impact on the Financial World

China’s Slowing Growth and its Global Impact

The Crisis in Middle East and Impact on the Rest of the World

Case Study

PAPER 4

THE ROLE OF WHISTLEBLOWING IN FRAUD AND RISK MANAGEMENT

Contents

Overview of Whistleblowing Practical Issues of Whistleblowing Framework for Instituting a

Whistleblowing System in Nigeria Technology and Whistleblowing Case Study

MAJIYEBO PHILEMON (29667) - Lagos

The MCPE seminars have improved my performance on the job and also given me insight on current accounting/finance issues.

EXECUTIVE MANDATORY CONTINUING PROFESSIONAL EDUCATION (EMCPE)

22

THEME 2

THRIVING IN TODAY’S CHALLENGING BUSINESS ENVIRONMENT SYNOPSIS

Developments in the business environment have led to general hardship, massive retrenchment and corporate failure. This is further exacerbated by inadequate infrastructure in Nigeria. Companies are struggling with survival strategies. Businesses have no choice but to become nimble and creative in order to succeed. This theme will highlight key strategies for survival under this difficult environment. Objectives


Identify Factors that Impact Business Recognise the Importance of Strategic Planning in a Dynamic Business Environment Assess the Impact of Regulatory and Policy Inconsistency on the Growth and Development of

Businesses Evaluate the Inherent Challenges hindering the Growth of Businesses in an Emerging

Economy Use Performance Management as a Tool for Survival PAPER 1

DYNAMIC STRATEGIC PLANNING Contents

Overview of Corporate Strategic Management

The Nature of Dynamic Strategic Planning Monitoring the Environment for Business

Impacting Changes Adapting Strategic Plan to Changing

Business Conditions Case Study PAPER 3 SUSTAINABLE GROWTH MANAGEMENT

Contents

Overview of Growth Management Strategies for Managing Growth Implementation of Strategies for

Sustainable Growth Motivating Employees to Drive Growth Case Study

PAPER 2

DRIVING STRATEGY WITH PERFORMANCE MANAGEMENT

Contents

Overview of Strategy and Performance Management

Elements of Corporate Performance Management

Overcoming Challenges in Strategy Execution in Nigeria

Case Study

PAPER 4 DEPLOYING ENTERPRISE RISK MANAGEMENT (ERM) Contents

Overview of ERM Effective Risk Management Processes The Practice of Risk Management – Best

Practice Frameworks Effective Implementation of ERM Implications and Benefits of ERM Case Study

ADEPOJU A. FIDELIX (016789) - Owerri MCPE Seminars have made me to be aware of new opportunities in other sectors of the economy.

23

THEME 3

LEVERAGING CURRENT TRENDS AND DEVELOPMENTS IN INFORMATION COMMUNICATION TECHNOLOGY (ICT)

Accounting and Consulting Firms are knowledge-driven businesses. Modern practices must secure their intellectual property, employ the services of specialists and effectively manage clients and employees. The traditional approach to implementing the above is time consuming and expensive. This theme will present modern cost effective ICT tools and techniques as viable alternatives.

Objectives


Harness Social Media to Grow Businesses Develop and Deploy a Practical Guide to Web-Based Research to Improve Service Delivery Develop business models to take advantage of ICT tools PAPER 1

HARNESSING THE POWER OF SOCIAL MEDIA FOR PROFESSIONAL SERVICES Contents

Have an Overview of Social Media Business Benefits of Linkedin and other

Social Media Networks Building Networks and Enduring Business

Relationships Guidelines for Developing Social Media

Utilisation Framework Case Study

PAPER 3

WEB-BASED BUSINESS RESEARCH: TOOLS AND TECHNIQUES Contents

Concepts of Web-Based Research Research Tools and Techniques Guidelines For Setting Up Web-Based

Research Units Best Practice for Researching on the Web Establishing Links with Online Subject

Matter Experts to Troubleshoot and Proffer Solution

Benefits of Web-Based Research Case Study

PAPER 2

FINANCIAL MODELING AND RISK ANALYSIS USING EXCEL Contents

Overview of Excel Application Time Saving Techniques using Excel Executive Dashboards deployment and

Implementation Modern Risk Modelling Techniques and

Best Practices Online Sources for Free Templates and

Models Case Study PAPER 4

COST EFFECTIVE WEB TOOLS FOR MARKETING AND MANPOWER DEVELOPMENT Contents

Overview of Current Practices A Review of Web Tools Social Media Tools in Marketing and

Advertising Video Conferencing and File Sharing Tools

For Accessing Online Experts Services Case Study

NYOR-AJIVA CHARLES (8898) - Lagos Executive MCPE Seminar has enhanced my professional knowledge in the discharge of official responsibilities and in personal life.

24

THEME 4

ISSUES AND CHALLENGES OF IFRS IMPLEMENTATION IN NIGERIA

SYNOPSIS

Listed companies and Significant Public Interest Entities (SPIEs) have experienced challenges during their recent implementation of IFRS in Nigeria. There is therefore the need to draw practical lessons from these experiences. The lessons will not only help those who have implemented IFRS to improve on existing practices, but will also be useful to those who are yet to implement.

Objectives


Appraise the Issues and Challenges Arising from IFRS Implementation Draw Practical Lessons From such Challenges and Issues to Guide Strategic Financial Reporting Deal with Regulatory Compliance Issues on Financial Reporting as expected by Regulatory

Authorities (Financial Reporting Council and Nigerian Stock Exchange) Apply Cost Effective Financial Reporting Model for the Organisations PAPER 1 PRACTICAL ISSUES AND CASE STUDIES ON IMPAIRMENT Contents

Overview of Impairment Cash Generating Units and Impairment Sectoral Consideration of Impairment and

Issues Case study 1 Case study 2 Case study 3

PAPER 3

PRACTICAL ISSUES AND CASE STUDIES ON FINANCIAL INSTRUMENTS

Contents

Overview of Financial Instruments IAS 39 Classifications, IFRS 9 Simplification

and Issues Practical Application in Nigerian

environment Case study 1 Case study 2 Case study 3

PAPER 2 PRACTICAL ISSUES AND CASE STUDIES ON FAIR VALUE

Content

Overview of Fair value and IFRS 13 Levels of Fair Value Practical Issues of Fair Value Accounting in

Emerging Markets Case study 1 Case study 2 Case study 3

PAPER 4 PRACTICAL ISSUES AND CASE STUDIES ON IFRS AND NIGERIAN TAX LAWS

Contents

Overview of tax and deferred tax accounting under IFRS

Issues and challenges of impairment accounting and Nigerian tax laws

Issues and Challenges of Accounting for Financial Instruments and Nigerian Tax Laws

Issues and Challenges of Fair Value Accounting and Nigerian tax laws

Case study 1 Case study 2

CHIBUEZE OKEZIE (25280) - Abuja The MCPE Seminar has increased my knowledge in the use and application of IFRS.

25

SSEECCTTIIOONN AA

BBAASSIICCSS OOFF AACCCCOOUUNNTTIINNGG Objectives At the end of the session, participants should be able to:

Overview of Accounting & Accounting Principles

Appreciate Accounting Concepts, Principles and Conventions

Recognise the Basic Framework of Accounting System

Understand the Duality Concept and Double Entry Book Keeping

Books of Original Entry: Ledgers Accounts, Cash and Bank Accounts etc

Understand and Prepare Financial Statements; Balance Sheet, Income Statement and the Relationships between Financials

Learn and Understand the Concept: Operating Cycle

Understand Working Capital Management Instantly Create Profit and Loss and

Balance Sheet for any Trial Balance Extract any Report from the Database in

Seconds

Contents

Module 1: Overview of Accounting and Accounting Principles

Module 2: Double Entry and Analysis transactions

Module 3: The Balance Sheet Module 4: The Income Statement Module 5: Working Capital in a

Nutshell Module 6: The Cash Flow Statement Module 7: The Accounting Cycle Module 8: Interpretation of Financial

Statements

SSEECCTTIIOONN BB EEXXCCEELL TTRRAAIINNIINNGG Objectives At the end of the session, participants should be able to:

Understand the Basic Excel Interface Learn to Use Simple Excel Tools Learn Excel Shortcuts to make their Work

Faster Handle Case Study Examples In Excel Itself

Contents

Module 1: Introduction and Overview: A Brief History of Spreadsheet, the Excel Interface: 2003 and 2007, Workbook and Worksheets, Customizing Toolbars

Module 2: Formatting, Formatting Tools, Conditional Formatting

Module 3: Sorting Rules and Techniques Module 4: Validation Module 5: Filtering Data, Autofilter and

Advanced Filter Module 6: Consolidation Module 7: Pivot Table Module 8: Charts Module 9: Form box Module 10: Subtotals Module 11: Functions and Formulas

SALAKO G. A. (10277) – Abuja – The MCPE Seminars help in refreshing my knowledge of accounting and updated me on

current development in the accounting profession.

ACCOUNTING AND EXCEL TRAINING FOR EXECUTIVES

26

SYNOPSIS

The market for the services of Chartered Accountants is witnessing increasing challenges with complex and stringent regulatory requirements and sophisticated clientele. Consequently, the reputation of the Institute will continually be influenced by how well its members develop relevant skills to meet current and future challenges facing their clients, employers and the general public. Therefore, the topics for this sector have been specially selected to offer insight into those areas that will help the Chartered Accountant meet current and future challenges in the work place.

Topic 1

FAIR VALUE ACCOUNTING IN EMERGING ECONOMIES: IMPLICATIONS AND CHALLENGES

Objectives

At the end of this session, the participants should be able to:

Identify the Three Levels of “Fair Value Hierarchy” in IFRS 13

Discuss Key Auditing Issues in Accounting Estimates

Recognise Key Requirements of ISAS/NSAS in Auditing Fair Value

Evaluate the Key Challenges in Auditing Fair Value

Explain the Role of Stakeholders in Determining Fair Value

Contents

Overview of Accounting Estimates and Fair Value Accounting

Fair Value Hierarchy in IFRS 13 Key Requirements of ISAS/NSAS in

Auditing Fair Value Key Areas of Application of Fair Value Audit Risks in Fair Value Accounting Case Study

Topic 2

IMPLEMENTING IFRS FOR SMEs IN NIGERIA

Objectives

At the end of this session, the participants should be able to: Discuss the Criteria for Classifying

SMEs Identify the Key Features of IFRS for

SMEs Examine the Key Considerations in the

Conversion to IFRS By SMEs Evaluate the Process of Transition to

the IFRS For SMEs Contents

Criteria for Identifying SMEs Overview/Key Features of IFRS For

SMEs Key Considerations in the Conversion

to IFRS by SMEs Managing the Challenges of Transition Benefits of IFRS for SMEs Case Study

EKEOMA I WILSON (15316)-Abuja The MCPE has enhanced practically my knowledge, expertise and I am more competent now than before.

ACCOUNTANCY, AUDIT & INSOLVENCY SECTOR

27

Topic 3 BUILDING SUCCESSFUL SMALL AND MEDIUM PRACTICE (SMP) FIRMS OF THE FUTURE Objectives


Examine the Current Status of SMP firms in Nigeria

Evaluate Emerging Issues in Public Practice for SMPs

Identify the Key Drivers of Success in SMP Firms of the Future

Formulate Strategies For Reinventing SMP Firms to Meet the Challenges of the Future

Contents

Overview of SMPs in Nigeria Professional Service Needs of MSMEs Opportunities and Challenges of SMPs Future Trends in Public Practice Case Study

Topic 4

THE CHARTERED ACCOUNTANT AS A CHIEF RESTRUCTURING OFFICER OF A DISTRESSED COMPANY Objectives


Identify Symptoms of Insolvency Discuss Crossborder Insolvency Regimes

and Procedures Understand Business Rescue as the First

Line of Option in Dealing with Insolvency Identify the Stages of Business Rescue

Contents

Determination of Insolvency Insolvency regimes in Various

Jurisdictions Cross Border Restructuring Practices The Design, Formulation and

Negotiation of an acceptable Business Rescue Plan

GEORGE L. E. (14462) - In-house The MCPE Seminar has enhanced my technical knowledge in many areas and has broaden my understanding of other issues.

28

SYNOPSIS

The 2013 MCPE Programme of the Banking Sector is designed to educate participants on new developments in the sector namely: Nigerian Sustainable Banking Principles and Whistleblowing. It also seeks to equip participants with the requisite knowledge and skills for Risk-Based Auditing and Effective Customer Service.

Topic 1

SUSTAINABLE BANKING IN NIGERIA – BENCHMARKING GLOBAL BEST PRACTICES

Objectives


Identify and Manage the Environmental & Social (E&S) Risks and Opportunities

Recognise how the Adoption of the Principles Improve Economic Stability and Societal Welfare

Identify the Benefits of the Adoption of the Principles to the Financial Institution

Develop the Right Governance Structures, Measure and Report Implementation Progress

Contents

Overview of the Nigerian Sustainable Banking Principles

Best Practice in Sustainable Banking (Equator Principles, IFC etc)

Building E&S Risk Management Capacity and Collaborative Partnerships

Managing E&S Risks and Harnessing Opportunities

Regulatory Reporting of E&S risk Management

Benefits of implementing the Principles Case Study

Topic 2

WHISTLEBLOWING IN BANKS AND OTHER FINANCIAL INSTITUTIONS

Objectives


Identify the need for Whistleblowing in the Banking Industry

Relate Whistleblowing to Corporate Governance

Demonstrate how Whistleblowing may assist Internal Audit

Discuss the Roles of Stakeholders in Whistleblowing

Identify the Protection available to Whistleblowers

Contents

Overview of Whistleblowing Compliance with Regulatory Guidelines in

Whistleblowing Whistleblowing and Stakeholders Managing the Challenges of

Whistleblowing Lessons from other Jurisdictions Case Study

ADEDOYIN E. OLUWADOLAPO (16587) - In-house MCPE Seminars provide opportunity for continuous self development and updating of knowledge.

BANKING SECTOR

29

Topic 3 RISK-BASED AUDITING IN BANKING Objectives


Align Internal Audit function with the Organisation’s Strategy

Recognise the Importance of Enterprise Risk Management

Develop a Risk-based Assurance Plan Contents Overview of Enterprise Risk

Management Risk Based Audit Vs Conventional Audit Risk Based Audit Planning Essential Tools and Techniques for

Effective Risk Based Auditing Benefits of Risk Based Audit Case Study

Topic 4 EFFECTIVE CUSTOMER SERVICE FOR COMPETITIVE ADVANTAGE Objectives

At the end of the session, participants should be able to: Discuss the Concept of Customer Service Identify the Provision of Customer

Service as a Differentiating Factor for Success

Make Effective use of Customer Data and Segmentation

Facilitate Integrated and Consistent Customer Interactions

Deliver Customer Service in a Highly Competitive Environment

Contents

Overview of Customer Service Improved Front Office Integration Effective use of Customer and Data

Segmentation Improving the Bottom Line through

Effective Customer Service Case study

OGON CHARLES (27963) - In-house MCPE Seminar helps in updating my knowledge on regular basis.

30

SYNOPSIS

Recent reforms in the financial services sector require that stakeholders become more aware and proactive to changing regulatory and market exigencies. The topics selected will offer participants insights to practical solutions to the challenges in managing solvency margin, security by way of reinsurance as well as create awareness of underdeveloped capital market instruments and opportunities in new funding sources. Topic 1

EVALUATING THE EFFICACY OF REINSURANCE SECURITY FOR AN INSURANCE ENTITY

Objectives


Discuss the Strategic Importance of Reinsurance

Differentiate Between Various Reinsurance Contracts and Programs

Evaluate Reinsurance Technical and Statistical Data to Support Decision Making Processes

Contents

The Concept of Reinsurance As An Attractive Capital Source

Reinsurance Market Developments in Nigeria

Reinsurance Treaty Negotiations Reporting and Evaluation of Portfolio

Performance Statistics and Technical Data Collation Interpreting Security Ratings of

Reinsurers by Rating Agency Case Study

Topic 2 IMPROVING INSURANCE BUSINESS SOLVENCY MARGIN

Objectives

At the end of the session, participants should be able to: Discuss The Imperatives for Measuring

The Financial Performance of an Insurance Entity

Identify Key Attributes of A Healthy Solvency and How to Maintain it

Discuss Asset and Liability Management Techniques Applicable to Solvency

Resolve Areas of Disagreement in Solvency Computation Effectively with Regulatory Authorities

Contents

Overview of Financial Performance of an Insurance Entity

Regulatory Significance in Monitoring Solvency

Key Components of Healthy Solvency Margin

Challenges and Solutions For Reconciling Solvency Calculations Between Operators and Regulators

Managing Solvency – Asset And Liability Management Approach

Case Study

UBAH TINA (34265) - In-house MCPE Seminars are well packaged and the topics are technical and stimulating

CAPITAL MARKET & INSURANCE SECTOR

31

Topic 3 NIGERIAN SOVEREIGN WEALTH FUND: OPPORTUNITIES FOR MARKET OPERATORS Objectives At the end of the session, participants should be able to:

Explain the meaning and purpose of the Sovereign Wealth Fund (SWF)

Discuss the structure of the Nigerian Sovereign Wealth Fund

Highlight the investment objectives of the Three Different Fund Classes

Develop products/instruments that meet the investment objectives of the Fund

Compare the Nigerian SWF with other Countries’s SWF

Contents Overview of SWF Structure of the Nigerian SWF Investment Objectives of the SWF Qualifying Products/Instruments for

investment of Nigerian SWF Comparison of Nigerian SWF with other

Economies SWF Avoiding Pitfalls in the Management of

SWF Case Study

Topic 4 DEEPENING THE NIGERIAN CAPITAL MARKET THROUGH COLLECTIVE INVESTMENT INSTRUMENTS Objectives

At the end of the session, participants should be able to: Discuss the Different types of Collective

Investment Instruments Explain the Processes of Setting up a

Collective Investment Instrument Identify the Benefits of Collective

Investment Instruments Appraise the Reasons for the Slow Growth

of Collective Investment Instruments in Nigeria

Discuss How to use the Collective Investment Instruments to Restore Retail Investors’ Confidence

Contents

Overview of the Different Types of Collective Investment Instruments

Regulatory requirements and Processes of Setting up Collective Investment Instrument

Benefits of Collective Investment Instruments to the Economy, Investors and other Stakeholders

Comparison of the Nigerian Collective Investment Market with Other Emerging Markets

Collective Investment Instruments as Tools for Restoring Retail Investors’ Confidence in the Capital Market

USMAN K ABUBAKAR (32834) - In-house MCPE Seminar has updated my knowledge on current issues in financial service sector and most importantly IFRS.

32

SYNOPSIS

Consultancy businesses are facing daunting challenges in this period of global economic downturn. The 2013 Consultancy Sector Programmes will equip participants with Knowledge, Skills and Attitudes (KSA) to survive and grow in the current economic dispensation. Topic 1 LEVERAGING GLOBAL BEST PRACTICES IN CONSULTANCY SERVICES Objectives


Identify Global Best Practices In

Consultancy Services

Recognise Relevant Techniques for

Consultancy Services

Identify Various Methods of Increasing

Productivity and Quality in Consultancy

Practice

Contents Overview of Consultancy Process Model

Approaches to Consultancy Assignment

Best Practices in Managing Consultancy

Assignment

Tools and Techniques for Boosting

Productivity & Quality

Case Study

Topic 2 GROWING CLIENTS RELATIONSHIP: THE BIG PICTURE

Objectives


Identify Issues in Client Relationship Management

Develop Strategies for Building Enduring Customer Relationship

Evaluate the Reputation Capital of a Consulting Firm

Manage Difficult Clients Contents Overview of Clients Management Techniques of Relationship Management Using Technology in Customer

Relationship Management Collaborative Skills in Managing

Customer Relationship Case Study

AREMU ATANDA (18218) - Kano MCPE Seminar has impacted positively on my work performance and interaction with my clients.

CONSULTANCY SECTOR

33

Topic 3 MARKETING CONSULTANCY SERVICES Objectives

At the end of the session, participants should be able to: Develop Skills for Marketing Consulting

Business Identify Techniques of Securing New

Assignments Provide Sales Plan and Multiply

Effectiveness as a Management Consultant

Contents

Overview of Consultancy Services Business Needs Identification,

Prospecting, Developing and Delivering Consultancy Services

Assignment Scoping Overview of Procurement Act Case Study

Topic 4 EFFECTIVE PROPOSAL WRITING AND PRESENTATION SKILLS Objectives

At the end of the session, participants should be able to: Identify the Key Components of Business

Communication Prepare and Present Persuasive

Proposals and Reports Manage Ethical Issues in Persuasive

Writing and Presentation Feedback Contents

Effective business proposals and reports Models and Patterns of Persuasive

Deliveries Presentation Black-Out, Feedback and

Audience Management Effective Follow-up and Closure Case Study

ODEBODE N BLESSING (31818) - Port-Harcourt MCPE Seminar has given me a broader and up to date account of happenings in the financial world.

34

SYNOPSIS

In today’s rapidly changing business environment, organisations that make giant strides on the path to success are those that are able to creatively adapt to changes. They also develop leaders and winning strategies as well as embrace corporate governance. The General Management Practice sector is focusing on equipping the Professional Accountant with the skills to cope with the dynamics of management in an increasingly complex, changing, diverse and interconnected world. Topic 1 DRIVING AND MANAGING CHANGE Objectives At the end of the session, participants should be able to:

Explain the Fundamentals for Successful Change Management Process

Identify Characteristics of Organisations That Indicate the Need for Change

Lead the Change Process Adopt Creative Approaches for Dealing

with Challenges Posed by the Change Process

Contents

The basics of Change Building the Case for Change Motivating Stakeholders and

Communicating Honestly Managing the People, Process and

Technology Thinking Big and Acting New Measuring Performance Case Study

Topic 2 DEVELOPING LEADERS AT ALL LEVELS: A NEW DIMENSION TO SUCCESSION PLANNING Objectives At the end of the session, participants should be able to:

Identify developmental leadership levels Develop Strategies to Attract, Recruit,

Engage, Train and Retain Potential Leaders

Manage Previously Unidentified Recruitment Errors (PURE)

Suggest and Advise on Career Paths

Contents

Concepts of leadership development Attracting potential leaders: Selection and

Recruitment Developing Leaders: Training, Coaching

and Mentoring Retaining Potential Leaders Succession Planning Process The Bottom –up Approach Case Study

OBEH H, ERHIJUVIE(19509) - Asaba MCPE has improved my grasp of the various topics and new frontiers of knowledge especially topics outside my core area of speciliazation.

GENERAL MANAGEMENT PRACTICE SECTOR

35

Topic 3 STRATEGIC MARKETING IN COMPETITIVE BUSINESS ENVIRONMENTS Objectives At the end of the session, participants should be able to:

Analyse and Segment the Markets Develop Appropriate Marketing Mix to

Maximise Business Benefits Apply Tools and Techniques For

Customer-Focused Planning Use a Range of Control Metrics in

Financial and Marketing Terms Contents

Understand the Business Environment Strategic Marketing Analysis Developing Competitive Marketing Mix Issues and Challenges in Market Plan

Implementation and Control Customer Focused Marketing – Building

the Brand Case Study

Topic 4 ETHICS AND BUSINESS: ISSUES & CHALLENGES

Objectives At the end of the session, participants should be able to: Explain Common Standards of Ethical

Behaviour Applicable in Business Identify Ethical Challenges Apply Techniques for Effective Analysis of

Ethical Issues in Business Develop Strategies for Dealing with

Ethical Dilemmas

Contents

Overview of Business Ethics Ethical Frameworks: COSO, IFAC, etc Dealing with Ethical Dilemmas Developing Corporate Ethics Programme

– Global Best Practices Case Study

LAWRENCE AHWABIGHE (25093) - Warri MCPE Seminar has enable me to be conversant with modern trends in public sector accounting, fund accounting and the impact of information technology on accounting functions.

36

SYNOPSIS

Information Technology (IT) has remained a major success factor in every facet of the economy from the home to businesses, education, government and security. The ICAN 2013 MCPE programme in Information Technology Sector is hinged on the importance and dynamism of Information Technology.

Topic 1 IT PROJECT MANAGEMENT IN DEVELOPING ECONOMIES Objectives


Explain the Principles and Practices of IT Project Management

Identify Challenges of IT Project Management in Developing Economies

Discuss the Strategies for Overcoming Challenges in IT Project Management

Identify Best Practices and Tools For IT Project Management

Contents Overview of Project Management

Principles The need for IT Project Management Best Practice Tools and Techniques for IT

Projects Dealing with Challenges in IT Project

Management Case study

Topic 2 NETWORK VULNERABILITY MANAGEMENT

Objectives

At the end of the session, participants should be able to: Discuss The Vulnerabilities in Various IT

Infrastructure

Identify Controls to Detect and Prevent

Such Vulnerabilities

Evaluate Controls put in Place To Prevent

such Vulnerabilities for Adequacy

Contents Evaluating Vulnerabilities in:

- Software

- Hardware

- Network infrastructure

- ATM and POS

- Internet and Social Network

Controls for Network vulnerabilities

ITANG A. EFFIONG (18413) - Calabar MCPE has enlarged my horizon on vital professional issue as well as kept me updated on my competencies and skills.

INFORMATION TECHNOLOGY SECTOR

37

Topic 3 GREEN COMPUTING

Objectives At the end of the session, participants should be able to: Measure the Impact of Energy

Consumption on IT Business Describe the Strategies to Enable

Organisations Effectively Reduce their Energy Consumption

Evaluate The Tools For Enhancement of Energy Efficiency

Discuss the Green IT Maturity Models Contents

Overview of Green Computing The Need for Green IT Green IT Strategies & Infrastructural

Designs Green Maturity Models for Virtualisation Case Study

Topic 4 TECHNOLOGY CHALLENGES OF CASHLESS ECONOMY Objectives At the end of the session, participants should be able to:

Discuss the various Technology Issues for

Cashless Economy

Identify Choices and Implementation

Options of Cashless Economy

Appraise Various Services /Businesses

Most Suitable for Cashless Operation

Describe the Challenges of Cashless

Economy in a Heavy Cash-Based

Environment

Contents

Overview of Cashless Economy

Strategic Management Models for

Cashless Economy

Tools and Technologies for Success in

Cashless Environment

Security Consideration in Cashless

Environment

Integration of Cashless Processes to other

IT Solutions

Managing the Challenges of Cashless

Economy

Case Study

ADEWOYIN ADETOLA (29948) - In-house MCPE has kept me abreast of new developments in the finance sector generally

38

SYNOPSIS

The Nigerian manufacturing sector is under tremendous pressure from a number of challenges such as policy inconsistencies, weak infrastructure and competition from imports. The 2013 MCPE courses are designed to enhance the skills of members for improved service delivery and competitiveness. TOPIC 1 MANUFACTURING COST OPTIMIZATION STRATEGIES IN A CHALLENGING ENVIRONMENT

Objectives


Discuss the Cost Drivers in Manufacturing in Nigeria

Identify the Strategic Options for Managing Manufacturing Costs

Discuss Challenges of the Manufacturing Sector

Support their Organisations to Optimise Improvement Initiatives

Contents Overview of Manufacturing Costs in Nigeria Challenges in the Manufacturing Sector Managing the Challenges in the

Manufacturing Sector Cost Optimisation Strategies Case Study

TOPIC 2

ENHANCING MANUFACTURING EFFICIENCY USING SIX SIGMA Objectives At the end of the session, participants should be able to:

Recognise Six Sigma Methodology as a

Tool for Manufacturing Efficiency

Discuss the Principles of DMAIC/DMADV

Explore the Relationship between “Lean”

and “Six Sigma”

Identify the Challenges and Benefits of Six

Sigma

Contents Overview of Six Sigma Methodology Six Sigma as a Quality Management

Improvement Tool Six Sigma Principles and Quality Management

Techniques (FMS, AMT, JIT, TQM) Implementation of Six Sigma for improved

productivity (DMAIC/DMADV) Benefits and Challenges of Six Sigma in

Efficient Manufacturing Environment Case Study

IYOBO MAKUME (26980) - In-house MCPE seminar has given me a clear insight into the provisions of IAS/IFRS.

MANUFACTURING SECTOR

39

TOPIC 3 SUPPLY CHAIN (SC) OPTIMISATION IN THE MANUFACTURING SECTOR Objectives

At the end of the session, participants

should be able to:

Discuss Contemporary Issues in Supply

Chain (SC) Management

Identify Opportunities for Cost

Optimisation in the SC

Discuss the Benefits of Leveraging

Technology in the SC

Contents

Overview of Supply Chain Process

Conflicting Objectives and Challenges in

the Supply Chain

Sequential Optimisation and New

Concepts in SC Management

Contracting Process and Management

Leveraging Technology

Case Study

TOPIC 4 MANUFACTURING OPERATIONS AND ENVIRONMENTAL IMPACT Objectives At the end of the session, participants should be able to: Assess the Internal and External

Environments

Evaluate the Effects of Manufacturing

Activities on the Environment

Evaluate Impact of Environment

Friendliness on Brand

Identify Factors Impacting Remediation

Processes/Activities

Contents

Overview of Manufacturing Operations

Effects of Manufacturing Activities on the

Environment

Managing Environmental Risks

Environmental Stewardship:

Measurement Indices and Reporting

Benefits of Effective Environmental

Management: Carbon Credit, Waste-to-

Wealth, Recycling

Regulatory Requirements, Stakeholders

and Environmental Management

Case Study

AGANOKE, CYRIL U. (31457) – House MCPE seminar has exposed me to current happenings both in the industry and the world at large.

40

SYNOPSIS

With oil and gas being the mainstay of the Nigerian economy, the challenge has ever been to increase production levels and revenues from oil and gas as well as diversify into other sectors including solid minerals. The 2013 MCPE programme for the Petroleum and Energy sector focuses on equipping the Chartered Accountant with solutions to the finance and accounting issues arising therefrom. Topic 1 EMERGING MARGINAL FIELD SEGMENT IN THE NIGERIAN OIL INDUSTRY: FINANCING AND ACCOUNTING ISSUES Objectives At the end of the session, the participants should be able to: Identify the Opportunities in the Emerging

Marginal Field Sector Explain the Financing and Accounting Issues

in the Sector Implement a Standardised Financial

Reporting Process Contents

Highlight of the Petroleum (Amendment)

Act of 1996 as it relates to Marginal Fields

Operations

Marginal Fields in Nigeria

- The Story So Far

- Marginal Field Segment as a Vehicle

for Local Capacity Development.

Commerciality of Marginal Field Operations

(Investment and Pricing)

Financing Opportunities (Options, Futures,

Derivatives, etc.) including Securitization of

the Foreign Investments in Marginal Oil

Fields

Accounting challenges for Marginal Field

Operators

Case Study

Topic 2 DEVELOPING SOLID MINERALS IN NIGERIA: CHALLENGES & PROSPECTS Objectives At the end of the session, the participants should be able to: Discuss the Regulatory Environment

Identify Investment Requirements and

Finance Sources

Recognise Existing Gaps both in Technology

and Required Level of Competencies

Identify the Forward Linkages for the

Industry

Contents

The Regulatory Framework for Solid

Minerals

Evolving Technology and Capacity

Development

Sourcing Finance for Solid Minerals

Development

Solid Minerals as an Alternative Forex

Earner

Forward and Backward Linkages

Case Study

OKERE MODESTUS O. (17123) – In- house MCPE seminar has widened my knowledge on contemporary issues in the accounting profession.

PETROLEUM & ENERGY SECTOR

41

Topic 3 ASSETS RETIREMENT OBLIGATIONS (ARO) IN UPSTREAM OIL & GAS SECTOR Objectives At the end of the session, the participants should be able to: Discuss the ARO Concept Apply the Estimation and Accounting

Processes for ARO Explain the Impact of ARO on Asset

Acquisition and Sales Contents

Overview of IFRS 6 on Exploration and Production

Overview of ARO in Upstream business Accounting for ARO Assets and Liabilities Challenges in the Estimation Process Case Study

Topic 4

MANAGING SECURITY CHALLENGES IN THE OIL AND GAS ENVIRONMENT – THE STAKEHOLDERS’ APPROACH Objectives At the end of the session, the participants should be able to: State the Implications of Insecurity As An

Obstacle to Oil and Gas Production Identify the Stakeholders in the Solution

Matrix and their Roles Discuss Soft Approaches Embedded in the

Solution Delivery Evaluate the Impact of Government

Approaches to Security Solutions Contents The Need For Security in Oil and Gas

Development

Cost of Insecurity in Attaining Production

Target

Employing Corporate Social

Responsibility (CSR) as a Solution

Government Intervention and Initiatives

on Security Issues

Host Community Participation and

Incentives

Case Study

UTIP VICTOR JAMES (23387)-In-house MCPE seminar has significantly enhanced my knowledge on global accounting

issues.

42

SYNOPSIS

The Public Sector is responsible for providing the enabling environment for the economic development and social progress of any nation. The level of development of a nation is the reflection of the strength or weakness of its public sector. The 2013 ICAN MCPE has been designed to equip Chartered Accountants with necessary knowledge to contribute to the efficiency and effectiveness of the public sector in Nigeria. Topic 1 PUBLIC BUDGET PROCESS, IMPLEMENTATION AND REPORTING IN NIGERIA Objectives At the end of the session, participants should be able to: Describe the Public Budgeting Processes Discuss the Challenges Associated with

Public Budget Preparation and Proffer Solutions

Critique the Budget Reporting System and Suggest how to Overcome Identified Weaknesses

Contents

Overview of Public Budgeting System in Nigeria

Budgeting Process in a Democratic System

Budget Implementation Challenges and Solutions

Budget Reporting in Nigeria Case Study

Topic 2 INCREASING PUBLIC DEBT AND CONTINGENCIES: PROBLEMS OF PROVISIONING AND REPORTING

Objectives At the end of the session, participants should be able to: Identify Public Liabilities

Explain the Challenges of Public Debt

Management

Discuss Public Contingent Liability

Contents

Overview of Domestic and Foreign Public Debt

Process of Incurring Public Debt Problems of Documenting National Public

Debt Public Contingent Liabilities Provisions and Reporting Challenges Case Study

GIDEON MODUPE VICTORIA (14598)- Lagos MCPE seminars have always been “eye opener” and have enhanced my practice knowledge and experience.

PUBLIC SECTOR ACCOUNTING

43

Topic 3 STRENGTHENING SUPREME AUDIT IN PUBLIC FINANCIAL ACCOUNTABILITY IN NIGERIA Objectives At the end of the session, participants should be able to:

Define the Role of Supreme Audit in Public Financial Accountability

Appraise the Performance of Supreme Audit Institution in Nigeria

Discuss the Challenges of Supreme Audit in Nigeria and how to Overcome them

Contents

Overview of Supreme Audit and Financial Accountability in Nigeria

Appraising the Performance of Supreme Audit Institutions in other Countries

Challenges of Supreme Audit Functions in Nigeria

Strategies for Strengthening Supreme Audit

Case Study

Topic 4 IPSAS IN THE NIGERIAN PUBLIC SECTOR: CONSIDERATION FOR CASH AND ACCRUAL BASIS Objectives

At the end of the session, participants should be able to: Discuss Cash Basis IPSAS

Describe how to Apply Cash Basis IPSAS

Illustrate how to Overcome Challenges of

Applying Cash Basis IPSAS

Define the principles of Accrual Basis IPSAS

Contents

Overview of the Cash Basis IPSAS Steps Required to Apply Cash Basis IPSAS The Challenges of Application of Cash

Basis IPSAS Principles and Benefits of Accrual Basis

IPSAS Case Study

ADABAALE TIMOTHY K. (19966)-Lagos MCPE seminar has widened my knowledge in all sectors and has helped me in discharging my duties well.

44

SYNOPSIS

The Nigerian tax environment is currently experiencing fundamental changes as a result of certain local and international developments including litigations, decided cases and amendment of some statutes and regulations. It is important for individuals, businesses, organisations and government to be aware of the impact of these developments. Topic 1 TRANSFER PRICING REGULATIONS: ISSUES, OPPORTUNITIES AND CHALLENGES

Objectives At the end of the session, participants should be able to: Articulate the Key Provisions of the

Transfer Pricing Regulations in Nigeria and the Relevance for Tax Practice

Recognise Transfer Pricing Pitfalls and Planning Opportunities

Identify Strategies for Avoiding and Resolving Transfer Pricing Disputes

Contents

Transfer Pricing Principles, Concepts and Methods

Overview of OECD and UN Transfer Pricing Models

Regulations on Transfer Pricing – Issues, Options and Challenges

Transfer Pricing Agreements and Dispute Resolution

Case Study

Topic 2 CURRENT CHANGES IN TAX LEGISLATION: STRATEGIES FOR OPTIMAL COMPLIANCE Objectives At the end of the session, participants should be able to:

Identify the recent Changes to various Tax Legislations

Discuss the Challenges and Opportunities of the Changes

Appraise the Impending Changes Develop Strategies for Effective

Compliance Contents

Overview of recent and Proposed Changes to the Tax Laws on:

- Personal Income Tax (PIT) - Companies Income Tax (CIT) - Recent Tax Cases and Tax

Regulations 2013 Fiscal Policy Highlights Implications for Individuals, Businesses

and Government Strategies for Effective Tax Compliance Case Study

DARI MOHAMMED B.(16827) - Lagos The MCPE seminar has made me realize that continuous learning enables one to be

relevant in the scheme of things.

TTAAXX PPRRAACCTTIICCEE SSEECCTTOORR

45

Topic 3

TAXATION AND BUSINESS COMPETITIVENESS IN NIGERIA Objectives At the end of the session, participants should be able to: Articulate the Impact of Existing Taxation

System on Businesses in Nigeria Determine the Aspects of the Tax

Environment requiring Improvements Identify Possible Tax Planning

Opportunities under the Existing Laws

Content

Analysis of the World Bank Report on “Doing Business in Nigeria”

Tax Incentives and Double Tax Agreements in Nigeria

Implications of Current Tax Regime for Businesses and the Economy

Managing Tax Compliance and Optimising Tax Planning

Case Study

Topic 4 THE IMPACT OF IFRS ON TAX IN NIGERIA Objectives At the end of the session, participants should be able to: Identify Key Accounting Principles that

will Impact Tax Reporting Discuss IFRS Provisions and their Impact

on Tax Reporting Analyse the Opportunities and Challenges

Arising from IFRS Conversion Proffer Possible Solutions to the Issues

Identified Content Overview of tax reporting under IFRS Key differences between N-GAAP and

IFRS which may impact on Tax Tax implications of IFRS adoption FIRS Circular/Regulations on IFRS

Adoption and Tax Implications Case Study

WAHAB AKEEM O.(14768)- Lagos The quality of presentations at MCPE seminars has really helped in my job and to broaden my knowledge, generally. helps to broaden my knowledge generally.

46

SYNOPSIS

The Nigerian telecoms market is going through massive changes as competition heats up and operators are transiting to Next Generation Networks (NGN) and launching increasingly complex services and products, at the same time, across the clientele. The 2013 MCPE Program will provide participants with the next generation concepts, tools, techniques and their uses for improving performance in today’s competitive telecoms environment.

Topic 1

LEASES AND MANAGED SERVICES REPORTING IN TELECOMS

Objectives


Identify Different Types of Leases and

Managed Services

Determine Transactions that contain a

Lease

Recognise, Measure, Disclose Lease and

Managed Services Transactions in the

Financial Statements

Contents

Overview of Lease and Managed Service Transactions

Leases in the Financial Statements of Lessees and Lessors

Accounting for Managed Service Transactions

Provisions of IFRIC 4 – Transactions that contain a Lease

Economic Benefits of Leases and Managed services

Disclosures Case Study

Topic 2 PROJECT TIME MANAGEMENT IN TELECOMS Objectives At the end of the session, the participants should be able to:

Define Project Time Techniques Complete Projects within Budget Analyse the Impact of Time Management

on Cost and Quality in Projects Evaluate and Measure Project Activity

Durations Contents

Project Time Management Components Tools and Techniques for Project Time

Management Issues in Project Time Management Benefits of Project Time Management

Scheduling Case Study

ALALADE ADENIKE (22523)-Lagos This is the first time MCPE seminar I would attend and it has been quite interesting and educative.

TELECOMMUNICATIONS SECTOR

47

Topic 3

MOBILE NUMBER PORTABILITY: IMPLICATIONS FOR COST MANAGEMENT,OPERATIONS AND REVENUE RECOGNITION

Objectives


Explain the Concept of Mobile Number Portability

Evaluate the Value Proposition in Reducing Subscriber Acquisition Costs and Improving Operator Profit Margins

Evaluate Operational Issues and Challenges with Implementation of Mobile Number Portability

Explain New Revenue Recognition Implications of Mobile Number Portability

Contents

Overview of Mobile Number Portability Architecture

Mobile Number Portability - Cost Savings - Subscriber Acquisition Cost - Churn Management

Mobile Number Portability – Incremental Cost - Network Capacity - Subscriber Management

Mobile Number Portability – Implementation and Operational Challenges

- Subscriber Migration and Provisioning - Billing - Fraud

Mobile Number Portability – Revenue Recognition

- Periodicity of Revenue - Deferred Income

Mobile Number Portability – Risk Management and Auditing

Case Study

Topic 4 MOBILE MONEY: OVERVIEW, ARCHITECTURE AND AUDITING Objectives

At the end of the session, participants should be able to: Explain the Concept and Architecture of

Mobile Money Evaluate the Value Proposition in Reducing

Risk of Cash Based Transactions Discuss Operational Issues and Risks

Associated with Mobile Money Develop Adequate Controls and Audit

Techniques for Mobile Money Transactions Contents

Overview of Mobile Money Architecture Mobile Money - Cost Savings and Benefits:

Cash Management, Customer Management, Customer Experience and Access to the Unbanked

Mobile Money - Risks: Configuration, Integration of Banking and Telco Billing Systems

Mobile Money – Controls, Security and Auditing Techniques

Case Study

MOMOH YAHAYA BUHARI (9779) – Lagos EMCPE Programmes have been very relevant and addresses emerging issues that have enhanced my career.

ICAN Vision Statement - icanig.org

Documents

Transcript of ICAN Vision Statement - icanig.org