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1
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
2
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
3
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.
4
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
5
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
6
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.
7
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.
8
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.
9
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
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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).
11
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
12
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
13
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
14
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
15
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
16
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
17
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)
18
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.
19
THEME 3
UNLOCKING NIGERIA’S AGRICULTURAL POTENTIAL FOR ECONOMIC EMPOWERMENT
Objectives
At the end of the session, participants should be able to:
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
20
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
At the end of the session, participants should be able to:
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
At the end of the session, participants should be able to:
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
At the end of the session, participants should be able to:
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
At the end of the session, participants should be able to:
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
At the end of the session, participants should be able to:
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
At the end of the session, participants should be able to:
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
At the end of the session, participants should be able to:
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
At the end of the session, participants should be able to:
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
At the end of the session, participants should be able to:
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
At the end of the session, participants should be able to:
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
At the end of the session, participants should be able to:
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
At the end of the session, participants should be able to:
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
At the end of the session, participants should be able to:
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
At the end of the session, participants should be able to:
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
At the end of the session, participants should be able to:
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
At the end of the session, participants should be able to:
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
At the end of the session, participants should be able to:
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.