• Email: training(@)globalkingprojectmanagement.org
  • Call: +254 114 830 889

Board Of Directors Financial Reporting Fundamentals Course

Course overview

This course is designed for directors without a financial or accounting background. It provides directors with essential accounting knowledge and practical tips, and equips them with the key tools and concepts to review company financial statements. Through case studies and related discussions on situations involving financial and accounting matters, participants will learn what questions to ask, what to watch out for as a director and why they should be looking at these areas.

Duration

5 Days

Target Audience

Aspiring and current directors without a financial background.

Objectives

  1. Understand directors’ duties in respect of company financial reporting obligations and internal controls.
  2. Highlight the importance of asking relevant and probing questions in relation to financial statements.
  3. Enhance directors’ effectiveness when reviewing financial statements prepared by management.

Course modules

  1. Directors’ duty in preparing true and fair financial statements.
  2. Directors’ duty in implementing internal controls.
  3. Key focus areas when reviewing financial statements.
    • Financial statements prepared on a going concern basis.
    • Presentation of Statement of Financial Position.
    • Revenue: timing of recognizing revenue.
    • Fictitious revenue and prepayment.
    • Impairment of assets and judgmental estimates.
    • Provision: liabilities of uncertain nature.
    • Financial notes and disclosure: credit risk and fair value measurement.
    • Investment in other companies’ equities.
    • Presentation of Statement of Cash Flow.
    • Common accounting mistakes.

General Notes

·         All our courses can be Tailor-made to participants needs

·         The participant must be conversant with English

·          Presentations are well guided, practical exercises, web-based tutorials, and group work. Our facilitators are experts with more than 10years of experience

·          Upon completion of training, the participant will be issued with a Global King Project Management certificate

·         Training will be done at the Global King Project Management Centers (Nairobi Kenya, Mombasa Kenya, Kigali Rwanda, Dubai ,Lagos  Nigeria and More others).

·         A discount of 20% will be given to more than 4 participants from same organization.

·         Course duration is flexible and the contents can be modified to fit any number of days.      

·         Payment should be done before commencement of the training, to the Global King Project Management account, so as to enable us to prepare better for you.

·         For any inquiry to:  [email protected] or +254 114 830 889

·         Website: www.globalkingprojectmanagement.org

·         Tablet and Laptops are provided to participants on request as an add-on cost to the training fee

·          The course fee for onsite training includes facilitation training materials, 2 coffee breaks, a buffet lunch, and a Certificate of successful completion of Training. Participants will be responsible for their own travel expenses and arrangements, airport transfers, visa application dinners, health/accident insurance, and other personal expenses.

 

Course Schedule

Start Date End Date Action Duration Location Fee(Kes) Fee(Us$)
27/02/2023 03/03/2023

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5Days Nairobi 100000 1200
24/04/2023 28/04/2023

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5Days Nairobi 100000 1200
22/05/2023 26/05/2023

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5Days Nairobi 100000 1200
19/06/2023 23/06/2023

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5Days Nairobi 100000 1200
17/07/2023 21/07/2023

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5Days Nairobi 100000 1200
09/10/2023 13/10/2023

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5Days Nairobi 100000 1200
06/11/2023 10/11/2023

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5Days Nairobi 100000 1200
04/12/2023 08/12/2023

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5Days Nairobi 100000 1200
30/01/2023 03/02/2023

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5Days Mombasa 120000 1500
27/03/2023 31/03/2023

Apply On-site

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5Days Mombasa 120000 1500
14/08/2023 18/08/2023

Apply On-site

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5Days Mombasa 120000 1500
11/09/2023 15/09/2023

Apply On-site

Apply Online

5Days Mombasa 100000 1200