Zabeel Finance Academy

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Transcript of Zabeel Finance Academy

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The CMA credential is...

CMA Exam Overview

CMA Eligibility:

Focused:- On the critical skills you use in business.

Respected:- Leading employers seek to hire and promote CMAs.

Valued:- CMAs earn higher compensation than non certified professionals.

Convenient:- CMA Exams are offered electronically in hundreds of locations worldwide.

Part 1 - Financial Planning, Performance and Control (4 hours – 100 questions and 2 essay questions)

Part 2 - Financial Decision Making (4 hours – 100 questions and 2 essay questions)

To participate in the CMA program, candidates must be members ofIMA. To earn the CMA designation, candidates must pass both exam parts and fulfill the following education and experience requirements:

Bachelor’s degree from an accredited college or university.Two continuous years of professional experience in management accounting or financial management.

ACCA

CPA

CIMA

CFA

CIA

CCFM

We have..

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Exam Centre in UAE: AMIDEAST (Computer based Test)

Exam dates: January and February May and June September and October

CMA Exam Overview

Part 1 Financial Planning, Performance and Control(4 hours – 100 questions and 2 essay questions)

Planning, Budgeting and Forecasting 30% Level CPerformance Management 25% Level CCost Management 25% Level CInternal Controls 15% Level CProfessional Ethics 5% Level C

Part 2 Financial Decision Making(4 hours – 100 questions and 2 essay questions)

Financial Statement Analysis 25% Level CCorporate Finance 25% Level CDecision Analysis and Risk Management 25% Level CInvestment Decisions 20% Level CProfessional Ethics 5% Level C

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FAQs

Do I have to take the exam parts in order?No, you can take the exam parts in any order.

Can I take both of the exam parts the same day?Yes, the new two-part testing format offers candidates the option of sitting forboth parts on the same day. This is an efficient way to earn your CMA certifi-cationif you are sufficiently prepared for both exams and the testing center has availabletesting appointments.

How many questions will be on each exam and how much time will I have?On each part of the exam, there will be 100 multiple-choice questions and two 30-minute essay questions. The essays are worth 25% of the total exam score, andthe multiple-choice section is worth 75%. You will have 3 hours to complete themultiple-choice section and one hour to complete both essays. The essays will bepresented after you have completed the multiple-choice section of the exam orafter 3 hours, whichever comes first. Once you complete the multiple choicesection, you cannot go back. You must stay in the essay section to com-plete the exam.

Note: You MUST score at least a 50% on the multiple-choice section of the ex-amto be allowed to take the essay section. This requirement ensures that test takersdo not proceed with the essay section if they do not have a chance of achieving apassing score for the entire exam. If you are allowed to proceed, it does notmean that you passed. You still must perform well enough on the es-say section ofthe exam to achieve a total passing score. Although the passing standard differsaccording to the relative difficulty of the exam form, you should try to score over75% in both the multiple choice and essay sections.

What material will the essays cover?The essays can cover any topic within the specific part. An essay in Part 1, forex-ample, can cover any of the topics in Part 1, but not topics in Part 2.

Will the exams be offered during specific testing windows?Yes, both Parts 1 and 2 will be given during the following three testing windowp-eriods:- January and February- May and June- September and October

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The first testing window for the new program will be May/June 2010. The ex-amswill continue to be administered by computer at Prometric testing cent-ers. If acandidate registers to test during a specific window and fails to take the exam,the candidate must register again and pay the full registration fee.

Will I receive an immediate Pass/Fail score?No. Immediate results will not be provided because the essay questions will begraded off line. The scores for the multiple-choice section will be added to thescores of the essay section for a total weighted score of pass/fail re-flected in ascaled score for the entire part. Candidates are not required to “pass” bothsections; the total score determines pass/fail status. The scores will be mailedapproximately 6 weeks after the end of the month in which you took the test.Please allow up to 8 weeks for results for the May-June 2010 testing window.

Will I receive feedback on my score?Yes. ICMA will continue to provide a performance report for the multiple choicesection of the exam for those who did not pass the exam.

Can I take an exam part more than one time during a testing window?No. Exam scores will not be available until after the testing window closes.

Will there still be opportunities to waive examination parts?No. Waivers/exemptions from exam parts will not be permitted.

What does it mean that all topics will be tested at a Level C?All topics in both parts will be tested up to Level “C” competence. Level Cquestions test a candidate’s ability to synthesize information, evaluate a situationand make recommendations. Levels A (knowledge and compre-hension) and B(application and analysis) will still be tested, but an appropri-ate percentage ofLevel C questions for all major topics will be presented as well.

Does the CMA exam assume a certain level of accounting and business knowledge?Yes, assumed knowledge includes economics, basic statistics, and finan-cialaccounting. Prior courses in accounting and finance are highly recom-mended.Examples of how this assumed knowledge might be tested in the exam include: 1)the candidate would need to know how to calculate marginal revenue and costs,as well as understand the relevance of market structures when determining prices;2) the candidate would have to know

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how to calculate variance when managingfinancial risk; and 3) the candi-date would be asked to construct a Cash FlowStatement as part of an analysis of transactions and assess their impact on theFinancial Statements.

How long will I have to complete the new CMA program?Candidates must complete the new CMA program within three years from the dateof entry into the program. Candidates also must register for an exam part withinthe first 12 months of entering the program. If you do not register for an exampart within the first 12 months or complete the program within three years, youwill have to repay the entrance fee. If you do not successfully com-plete bothparts within three years of entering the certification program, the passed part willexpire.

How will the essay questions be delivered and what kind of software will beused for the responses?The written-response questions will be delivered by computer at Prometric TestingCenters in the same manner as the multiple-choice questions. For es-say questionsthat require a purely written answer, you will have a text box in which to typeyour response. For some of the problems that require quanti-tative responses, weare planning to include a spreadsheet tool in which to present your calculations.

How will the essay questions be graded?The written-response essay questions will be graded by subject matter experts.The questions will not be graded online and, therefore, you will not immedi-atelyreceive your grades.

Will partial credit be given?The graders do give partial credit. For example, if you are asked to give threereasons why a selected alternative action is beneficial for a business and youprovide only two correct reasons, you will receive partial credit for these tworesponses. Likewise, for questions requiring a calculated response, partial creditwill be given for a correct formula even though a mathematical error may havebeen made in the final number.

Are candidates penalized for mistakes in grammar and spelling?Points will not be deducted for poor writing skills; however, your answer must beclear enough for the grader to understand the intent of your response. If theresponse cannot be understood or is contradicted later in your answer, credit willnot be given.

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A. Planning, Budgeting and Forecasting (30% - Levels A, B, and C)

Part 1 - Financial Planning, Performance and Control

Budgeting concepts Operations and performance goals Characteristics of a successful budget process Resource allocation Other budgeting concepts

Forecasting techniques Regression analysis Learning curve analysis Exponential smoothing Time series analysis Expected value

Budgeting methodologies Annual business plans (master budgets) Project budgeting Activity-based budgeting Zero-based budgeting Continuous (rolling) budgets Flexible budgeting

Annual profit plan and supporting schedules Operational budgets Financial budgets Capital budgets

Top-level planning and analysis Pro forma income Financial statement projections Cash flow projections

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Cost and variance measures Comparison of actual to planned results Use of flexible budgets to analyze performance Management by exception Use of standard cost systems Analysis of variation from standard cost expectations

Responsibility centers and reporting segments Types of responsibility centers Transfer pricing models Reporting of organizational segments

Performance measures Product profitability analysis Business unit profitability analysis Customer profitability analysis Return on investment Residual income Investment base issues Effect of international operations Critical success factors Balanced scorecard

B.Performance Management(25% - Levels A, B, and C)

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C. Cost Management (25% - Levels A, B, and C)

Measurement concepts Cost behavior and cost objects Actual and normal costs Standard costs Absorption (full) costing Variable (direct) costing Joint and by-product costing

Costing systems Job order costing Process costing Activity-based costing Life-cycle costing

Overhead costs Fixed and variable overhead expenses Plant-wide versus departmental overhead Determination of allocation base Allocation of service department costs Operational Efficiency Just-in time manufacturing Material requirements planning (MRP) Theory of constraints and throughput costing Capacity management and analysis

Business process performance Value chain analysis Value-added concepts Process analysis Benchmarking Activity-based management Continuous improvement concepts Best practice analysis Cost of quality analysis

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D. Internal Controls (15% - Levels A, B, and C)

E. Professional Ethics (5% - Levels A, B, and C)

Risk assessment, controls, and risk management Internal control structure and management philosophy Internal control policies for safeguarding and assurance Internal control risk Implications of the Sarbanes-Oxley Act of 2002 U.S. Foreign Corrupt Practices Act internal control requirements COSO Internal Control Framework

Internal auditing Responsibility and authority of the internal audit function Types of audits conducted by internal auditors

Systems controls and security measures General accounting system controls Application and transaction controls Network controls Flowcharting to assess controls Backup controls Disaster recovery procedures

Ethical considerations for management accounting and financial management professionals Provisions of IMA’s “Statement of Ethical Professional Practice” Evaluation and resolution of ethical issues such as: Fraudulent reporting Manipulation of analyses and results Unethical behavior in developing budgets and standards Manipulation of decision factors

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A. Financial Statement Analysis (25% - Levels A, B, and C)

Part 2- Financial Decision Making

Basic Financial Statement Analysis Common size financial statements Common base year financial statements Growth analysis Purposes and components of financial statements

Financial Performance Metrics – Financial Ratios Liquidity Leverage Activity Profitability Market

Profitability analysis DuPont analysis Income measurement analysis Revenue analysis Cost of sales analysis Expense analysis Variation analysis

Analytical Issues in Financial Accounting Impact of foreign operations Effects of changing prices and inflation Off-balance sheet financing Cash Flow Statement reconciliation to Income Statement Impact of changes in accounting treatment International Financial Reporting Standards (IFRS) Fair value accounting Differences in accounting and economic concepts of value and income Earnings quality

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B. Corporate Finance (25% - Levels A, B, and C) Risk and return Calculating return Types of risk Relationship between risk and return Risk and return in a portfolio context Diversification Asset pricing models

Managing financial risk Portfolio management Hedging Financial risk management

Financial instruments Term structure of interest rates Bonds Debt management Common stock Preferred stock Options and other derivatives Valuation of financial instruments

Cost of capital Weighted average cost of capital Cost of individual capital components Calculating the cost of capital Marginal cost of capital

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Managing current assets Working capital terminology Cash management Marketable securities management Accounts receivable management Inventory management Types of short-term credit Minimizing the cost of short-term credit Raising capital Financial markets and regulation Market efficiency Financial institutions Initial public offerings Secondary offerings Dividend policy and share repurchases Private placements Lease financing

Corporate restructuring Mergers and acquisitions Divestitures Bankruptcy

International finance Fixed, flexible and floating exchange rates Managing transaction exposure Financing international trade Transfer pricing tax implications Political risk

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Cost/volume/profit analysis Breakeven analysis Profit performance and alternative operating levels Analysis of multiple products

Marginal analysis Sunk costs, opportunity costs and other related concepts Marginal costs and marginal revenue Special orders and pricing Make versus buy Sell or process further Add or drop a segment Capacity considerations

Pricing Market comparables Setting prices Target costing Elasticity Product life cycle considerations Market structure considerations

Risk assessment Risk identification and exposure Definition and scope of operational risk, hazard risk, financial risk and strategic risk Risk mitigation strategies Enterprise Risk Management

C. Decision Analysis and Risk Management (25% - Levels A, B, and C)

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Capital budgeting process Stages of capital budgeting Incremental cash flows Income tax considerations

Discounted cash flow analysis Net present value Internal rate of return Comparison of NPV and IRR

Payback and discounted payback Uses of payback method Limitations of payback method Discounted payback

Ranking investment projects Ranking methods Capital rationing Mutually exclusive projects

Risk analysis in capital investment Sensitivity analysis Certainty equivalents Real options

Valuation Discounted cash flow models Multiples models Valuation for acquisitions and divestitures Discount rates

D. Investment Decisions (20% - Levels A, B, and C)

E. Professional Ethics (5% - Levels A, B, and C)

Ethical considerations for the organization Anti-bribery provisions of the U.S. Foreign Corrupt Practices Act Provisions of IMA’s Statement on Management Accounting, “Values and Ethics: From Inception to Practice” Corporate responsibility for ethical conduct

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600 52 [email protected] | www.zabeelinstitute.ae

BUR DUBAI | QUSAIS | DEIRA | ABU DHABI | RAK | KV

Bur Dubai, UAE Location :Suite#208, Apsara Supermarket Building,Next to Four Points Sheraton HotelBank Street, Bur Dubai, Dubai, UAE.

Al Qusais, UAE Location :M08, Qatr Insurance Building, Near Al Mullah plaza R/AAl Qusais

Deira, UAE Location :Suite # 103, Ajman Bank Bldg, Near Fish R/A,Salhuddin Road, Deira, Dubai

Abu Dhabi, UAE Location :Suite # 301, Al Ghaith Holding Tower,Airport Road, Abu Dhabi

Ras Al Khaima, UAE Location :Business Centre 5, Suite#603,Dubai Bank Blding, RAK FTZ.

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The Global Body of Professional Accountants

Association of CharteredCertified Accountant

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ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. It aims to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.

Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. It believes that accountants bring value to economies in all stages of development. We aim to develop capacity in the profession and encourage the adoption of global standards. ACCA’s values are aligned to the needs of employers in all sectors and we ensure that, through our qualifications, it prepare accountants for business.

ACCA works to strengthen a global profession based on the application of consistent standards, which believe best supports international business and the desire of talented people to have successful, international careers. ACCA champion the needs of small and medium sized business (SMEs) and emerging economies, and promote the value of sustainable business.

To achieve this ACCA work with global bodies such as the International Federation of Accountants (IFAC) and with 71 global accountancy partnerships. Above all, they seek to bring long-term value to economies in which they develop and support professional accountants.

ACCA supports its 147,000 members and 424,000 students in 170 countries, helping them to develop successful careers in accounting and business, with the skills needed by employers. It work through a network of 83 offices and centres and more than 8,500 Approved Employers worldwide, who provide high standards of employee learning and development.

ABOUT ACCA

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ACCA QUALIFICATION

CERTIFICATE OF ACHIEVEMENT

Students are awarded a Certificate of Achievement if they achieve a pass mark of 85% or above for individual passes in Papers F1, F2 and F3.

FUNDAMENTALS LEVEL CERTIFICATE

Students are awarded a Fundamentals Level Certificate when they have success-fully completed all of the exams in the Fundamentals level of the ACCA Qualifi-cation (Papers F1–F9).

PROFESSIONAL LEVEL CERTIFICATE

Students are awarded a Professional Level Certificate when they have successfully completed all of the exams in the Professional level of the ACCA Qualification (P1–P3 and any two of the Options papers from P4, P5, P6 and P7).

KNOWLEDGE MODULE

F1 Accountant in BusinessF2 Management AccountingF3 Financial Accounting ( INT) • Foundation in Professionalism ( Ethics Module)

SKILLS MODULE

F4 Corporate and Business Law (Global)F5 Performance ManagementF6 Taxation ( INT)F7 Financial Reporting ( INT)F8 Audit and Assurance( INT)F9 Financial Management

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PROFESSIONAL MODULE (ESSENTIALS)

P1 Governance, Risk and EthicsP2 Corporate Reporting ( INT)P3 Business Analysis

OPTIONS ANY TWO FROM FOUR PAPERS

P4 Advanced Financial ManagementP5 Advanced Performance ManagementP6 Advanced TaxationP7 Advanced Audit & Assurance (INT)

THE BRITISH UNIVERSITY IN DUBAI AND ZABEEL INTERNATIONAL FOR CBT( F1,F2,F3)

Exam Dates : Exams are conducted in June and December every year. Com-puter based Exams for Paper F1, F2 and F3 are conducted every week in Zabeel International

EXAM CENTREIN DUBAI

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EXAM PROGRESSION RULESYou can attempt up to a maximum of four papers per examination cycle.There are two examination cycles per year:

• 1 February – 31 July

• 1 August – 30 January

Papers must be taken in line with the following module order, however you can attempt the papers within each module in any order:

• Knowledge (F-1F3) – available by computer-based exam (CBE) or paper-based format

• Skills (F-4F9) – available by paper-based format

• Essentials (P-1P3) – available by paper-based format

• Options (P-4P7) – available by paper-based format

CBE CLOSING DATESYou must be a registered ACCA student, and be in receipt of your student ID card before sitting the following papers by CBE.

• F1 Accountant in Business

• F2 Management Accounting

• F3 Financial Accounting (United Kingdom)

• F3 Financial Accounting (International)

If your status allows you to enter for papers across modules, please remember that you must complete the papers in order and enter for outstanding papers in your .current module if you wish to enter to sit papers in the next module

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EXAM CYCLESACCA offers two six monthly cycles for taking exams:

June cycle: 1 February to 31 July (including June paper-based exam session)

December cycle: 1 August to 31 January (including December paper-based exam session)

In each of the six-monthly cycles, you will be able to sit a maximum of four exams by paper based or CBE method.

These dual sessions are in line with the exemption closing dates:

You only need to complete the exam entry form if you intend to sit paper-based exams, or paper-based exams and CBEs. If you only wish to sit CBEs you do not need to complete the exam entry form and should contact your licensed CBE centre for details*.

TIME LIMITSYou have 10 years from the date you registered to complete the ACCA exams.

If you registered before 31 December 2006 and were transferred to the existing syllabus in August 2007, you will have been given a further ten years to complete the ACCA exams, ie you will have until June 2017 to complete. However, this does not apply to the completion of the BSc Honours

EXAM RESULTS:

ACCA Qualification candidates

The pass standard in all papers is 50%. All passes remain valid for ten years from December 2007.

EXAM ENTRY DEADLINES

Exam entry period Early Standard Late June exam session 8 March 9 March - 8 April 9 April - 8 May

Dec. exam session 8 Sept. 9 Sept. - 8 Oct. 9 Oct. - 8 Nov.

Exam entry method online only online and paper online only

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ACCA and Oxford Brookes University have worked together to develop a BSc in Applied Accounting, which is available exclusively to ACCA students who wish to obtain a degree while studying towards the ACCA Qualification To be awarded the BSc (Hons) in Applied Accounting you must:

In order to be eligible for this program, students have to opt in before sitting any of the F7, F8 and F9 papers. Students who do not meet the English Language requirements of this program must pass paper F4 before attempting any of the papers from F7, F8 & F9. The attached list of suitable English Language Qualifications will provide you details of which qualifications are accepted to meet the English Language requirements of this program.

B.Sc DEGREE

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Bur Dubai | Al Qusais | Deira | Knowledge Village | RAK | Abu Dhabi | Sharjah

600 52 4448Email : [email protected] : www.zabeelinstitute.aeSuite # 207, Apsara Super Market Building, Bank Street, Bur Dubai, Dubai, UAE.

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CHARTERED INSTITUTE OFMANAGEMENT ACCOUNTANTS

Chartered Institute of Management Accountant

• CIMA Qualifications:

• CIMA Certificate in Business Accounting:

• CIMA Diploma in Management Accounting

• CIMA Advanced Diploma in Management Accounting

• ACMA -Member of the Chartered Institute of Management Accountant

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CIMA Qualifications• CIMA Certificate in Business Accounting:

• CIMA Diploma in Management Accounting

• CIMA Advanced Diploma in Management Accounting

• ACMA -Member of the Chartered Institute of Management Accountant

Strategic level + 3 yrs + ACMA

ACMA + 3 yr Senior level Experience = FCMA (Fellow)

CIMA Qualification LevelsCertificate level (5 subjects)

Operational level (3 subjects + case study paper)

Management level (3 subjects + case study paper)

Strategic level (3 subjects + case study paper)

14 subjects + 3 case study papers

How long will it take to complete CIMA?The five papers in the Certificate in Business Accounting can be studied and tested at your own pace.

The 3 papers in the operational, management and strategic level can also be studied and tested at

your own pace. The case study paper in each level can be sat 4 times a year.

Certificate in Business accountingThe CIMA certificate in business accounting is CIMA's own entry route to the CIMA professional quali-

fication.

You may be exempt from some or all certificate papers if you have a relevant degree, have completed

the AAT technician stage, or have studied another professional accounting qualification.

Your degree or accounting qualification may also exempt you from some operational and manage-

ment level papers.

The certificate subjects are:

• Fundamentals of management accounting • Fundamentals of financial accounting

• Fundamentals of business mathematics • Fundamentals of business economics

• Fundamentals of ethics, corporate governance and business law

You can sit the five certificate subjects in any order & in any combination to suit your requirements.

All certificate exams are computer based and can be taken at any time. The pass mark for each of the

five examinations is 50%.

By completing the CIMA certificate in business accounting, you can gain the letters CIMA Cert BA

after your name.

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CIMA Professional QualificationThe Professional qualification is made up of two types of computer based assessments:

- 90 minute objective tests for each of the three subjects within each level - these are on

demand and can be taken all year.

- A 3 hour integrated case study when you have completed all objective tests and want to

progress to the next level - these are available in four windows a year.

Test CentresCIMA is working in partnership with Pearson VUE*, who have over 20 years of experience in offering

electronic testing and already run computer-based assessments for the CIMA Certificate in Business

Accounting.

There will be 5,000 Pearson VUE test centres in 178 countries. We are working with Pearson VUE to

continue to increase the number of exam centres globally.

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Operational levelImplement strategy, report on implementation of strategy.

E1 – Organisational management

A. Introduction to organisations 25%

B. Managing the finance function 15%

C. Managing technology & information 15%

D. Operations Management 15%

E. Marketing 15%

F. Managing human resources 15%

P1 – Management Accounting

A. Cost accounting systems 30%

B. Budgeting 25%

C. Short-term decision making 30%

D. Dealing with risk and uncertainty 15%

F1 – Financial Reporting and Taxation

A. Regulatory environment for financial reporting and corporate governance 10%

B. Financial accounting and reporting 45%

C. Management of working capital, cash and sources of short term finance 20%

D. Fundamentals of business taxation 25%

Operational level integrated case study

Your role will be that of Finance officer, your audience will be manager and project owners, the ques-

tion types will be short essays supported by calculations & analysis and the case study focus will be;

- Preparation of parts or of entire financial statements

- A cost and/or budgeting issue

- Analysis of the structure or the organisation, as well as cross-functional communication.

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Management levelMonitor implementation of strategy. Ensure corrective action is taken

E2 – Project and relationship management

A. Introduction to strategic management and assessing the global environment 30%

B. The human aspects of the organisation 20%

C. Managing relationships 20%

D. Managing change through projects 30%

P2 – Advance management accounting

A. Cost planning and analysis for competitive advantage 25%

B. Control and performance management of responsibility centres 30%

C. Long-term decision making 30%

D. Management control and risk 15%

F2 – Advanced financial reporting

A. Sources of long term finance 15%

B. Financial reporting 60%

C. Analysis of financial performance and position 25%

Management level integrated case study

Your role will be that of manager, your audience will be CFO and senior business managers, the ques-

tion types will be long and short esssays, supported by calculations and analysis and the case study

focus will be on;

- Impact on the financial statements and the performance of the organisation.

- Product & pricing decisions, and/or the performance evaluation of division(s) component parts.

- Consideration of key stakeholders, and implementation via projects.

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Strategic levelMake strategic decisions. Provide overall context for effective implementation of strategy.

E3 – Strategic Management

A. Interacting with the organisations environment 20%

B. Evaluating strategic position and strategic options 30%

C. Leading change 20%

D. Implementing strategy 15%

E. The role of information systems in organisational strategy 15%

P3 – Risk management

A. Identification, classification and evaluation of risk 20%

B. Responses to strategic risk 20%

C. Internal controls to manage risk 20%

D. Managing risks associated with cash flows 20%

E. Managing risks associated with capital investment decisions 20%

F3 – Financial strategy

A. Formulation of financial strategy 25%

B. Financing and dividend decisions 35%

C. Corporate finance 40%

Strategic level integrated case study

Your role will be that of senior manager, your audience will be CFO and rest of senior management

team, the question types will be long essays supported by calculations and analysis and the case

study focus will be on;

- A financial strategy needs to be formulated, ensuring the strategy is adequately funded.

- Risks associated with this need to be scrutinised.

- Analysis of strategic options, leading to recommendations and justification.

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

BUR DUBAI | KARAMA | AL QUSAIS | DEIRA | KNOWLEDGE VILLAGE | ABU DHABI | MUSAFFAH | SHARJAH | RAK

600 52 4448Email : [email protected] : www.zabeelinstitute.aeSuite # 207, Apsara Super Market Building, Bank Street, Bur Dubai, Dubai, UAE.

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CertifiedInternal Auditor

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What is CIA®?

The CIA® designation is the only globally accepted certification for internal auditors and remains the standard by which individuals demonstrate their competency and professionalism in the internal auditing field. Moreover, earning the CIA® designation is more than just proof of what you know and what you’ve achieved — it’s the best way for auditing professionals to communicate to the world that they are prepared to meet today’s challenges. Candidates leave the program enriched with educational experience, information, and business tools that can be applied immediately in any organization or business environment.

The CIA® exam is offered in the following languages: Arabic, Bulgarian, Chinese (unsimplified), Czech, English, French, German, Hebrew, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Turkish, and Thai (available only in Thailand).

About the IIA

Established in 1941, The Institute of Internal Auditors (IIA) is an international professional association of more than 170,000

members with global headquarters in Altamonte Springs, Fla., United States. Throughout the world, The IIA is recognized as the internal audit profession’s leader in certification, education, research, and technical guidance.For more information, please visit: www.theiia.org

Advantages of Being a CIA

• Acquire the professional ability to efficiently control, identify risks, and examine remedies with respect to current practice of internal auditing

• Understand 21st century management principles

• Have the prospect to practice globally in the field of internal auditing

• Standout among others competing for the same job

• Access to more opportunities and higher paying jobs

• Attain personal satisfaction given a recognized & prestigious measure of competency

• Facilitate auditors’ transition to top management positions

• Lay a foundation for continued improvement & advancement

• Demonstrate proficiency and professionalism

Internal Auditing

Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organi-zation’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

Main Functions of a CIA

• Evaluate the effectiveness of financial and operating controls

• Guarantee the reliability & integrity of financial & operational information

• Test for compliance with company plans, policies, & procedures

• Determine the extent to which company assets are account-

ed for and safeguarded from loss or damage

• Evaluate the reliability of management data generated within the organization

• Measure the effectiveness of company performance

• Review the economical and efficient use of resources

• Furnish top management with analysis, appraisals, informa- tion, counsel & recommendations concerning the activities reviewed

• Establish operational goals and objectives

• Cover financial activities and operations including:

1. Systems 2. Marketing3. Production 4. Human resources5. Engineering

Certified Internal Auditor (CIA) Exam Preparation

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Career Opportunities

Currently firms seeking internal auditors are increasingly identify-ing the CIA® designation as the desired professional credential and as evidence of professional competence.

These firms include but are not limited to sectors such as:

1. Banks 2. Government3. Big Four 4. Universities5. International firms 6. Financial corporations

Who needs CIA certification/course?

Earning the CIA designation is an important accomplishment and professional advantage for Internal auditors during all stages of their careers including:

• Chief audit executives• Audit directors• Audit managers and staff• Risk management staff• Business, finance, and accounting students

If you are interested in earning the most sought-after credential in the global internal audit profession, then you need the best exam preparation course available. Zabeel is now offering a comprehensive four-part CIA review course based on the new, premier quality Institute of Internal Auditors (IIA) CIA Learning System™.

Distinguish Yourself… Become a Certified Internal Auditor.

The CIA is the only globally accepted designation for internal auditors. It is the standard by which internal audit professionals demonstrate their knowledge and competence in the areas of governance, risk, and control.

Get Prepared

There is no better way to prepare for the CIA exam than with Zabeel’s CIA. This course combines expert classroom instruc-tion with The IIA CIA Learning System print and online study components.

Why Should I Enroll in CIA?

• Increase your knowledge and skills in the areas of govern- ance, risk, and controls.• Stay on track to complete your studies.

• Network with peers and discuss difficult topics with an expert instructor.

• Take advantage of corporate tuition assistance programs.

• Enjoy comprehensive study materials with The IIA CIA Learning System (included in Tuition).

Certified Internal Auditor.

Part I Internal Audit BasicsPart II Internal Audit PracticePart III Internal Audit Knowledge Elements

This program teaches the entire CIA syllabus including:

Expand your internal audit knowledge and preparefor the Certified Internal Auditor® (CIA®) exam.

Part 1 Exam: Internal Auditing BasicsDuration: 2.5 hours Question Count: 125Topical focus areas include:• IIA Mandatory Guidance • Internal Control and Risk• Tools & Techniques for Conducting the Audit Engagement

Part 2 Exam: Internal Audit Practice Duration: 2 hours Question Count: 100Topical focus areas include:• Managing the Internal Audit Function • Managing Individual Engagements• Fraud Risks and Controls

Part 3 Exam: Internal Audit Knowledge ElementsDuration: 2 hours Question Count: 100Topical focus areas include:• Organizational Structure and Business Processes• Governance • Risk Management• Communication • Leadership• IT/Business Continuity • Financial Management• Global Business Environment

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Education:

• Bachelor Degree in any field from an Accredited Institution Or

• Full Time Under Graduate Students in their Senior Year Or

• Holders of professional certification from some foreign countries such as: CPA’s, CA’s etc…

Experience: 2 years internal Auditing experience or equivalent

I want to attain the CIA certification, but I don' t have the two year' s internal auditing work experience. Can I still sit for the exam?

Yes, you can sit for the exam prior to satisfying your experience requirement. However, you will not be certified until your work experience, and all other requirements, have been met.

Content and Format

The Certified Internal Auditor® (CIA®) exam tests a candidate’s knowledge of current internal auditing practices and understand-ing of internal audit issues, risks and remedies.

The CIA® exam is offered in three parts, as follows:

The CIA® exam is available through computer-based testing (CBT), allowing you to test year-round at more than 500 locations worldwide.

Covering materials and concentration:

Part 1: Internal Audit Basics

Mandatory Guidance (35-45%)Internal Control / Risk (25-35%) – Awareness Level (A)Conducting Internal Audit Engagements – Audit Tools and Techniques (28-38%)

Part 2 – Internal Audit Practice

Managing the Internal Audit Function (40-50%)Managing Individual Engagements (40-50%)Fraud Risks and Controls (5-15%)

Part 3 – Internal Audit Knowledge Elements

Governance / Business Ethics (5-15%)Risk Management (10-20%)- Proficiency Level (P)Organizational Structure/Business Processes and Risks (15-25%)Communication (5-10%)

Management / Leadership Principles (10-20%)IT / Business Continuity (15-25%)Financial Management (13-23%)Global Business Environment (0–10%)

For detailed topic outlines, visit www.theiia.org/certification. Exam topics and/or format are subject to change as approved by the Board of Regents.

Testing Skills

The three part exam is designed to:1. Test the candidates’ nearly all management skills2. Focus on the principles of management control3. Measure the candidates’ understanding of risk management and internal controls4. Test their ability to clearly and concisely communicate conclusions5. Measure technical competence and academic preparation of the candidates6. Test candidates’ judgment and logic

Eligibility requirements for the CIA exam:

Part 1: Internal Audit BasicsNumber of Questions 1252.5 Hour

Part 2: Internal Audit PracticeNumber of Questions 1252.5 Hour

Part 3: Internal Audit Knowledge ElementsNumber of Questions 1002 Hour

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Grading Scale and Results

• All raw scores are converted onto a reporting scale of 250 to 750 points. A scaled score of 600 points or higher is required to pass the CIA® exam (equivalent to 80%)

• Your score is based on the number of scored questions that you answer correctly. Each scored question contributes equally to your final test score (some non-scored questions are included on each exam for the purpose of determining the difficulty of these items only; they do not contribute to your exam scores). There is no penalty for incorrect responses, so it is to your advantage to attempt to respond to every question in the exam.

• The certification program’s eligibility requires candidates to complete the program certification process within four years of application approval. If a candidate has not completed the certification process within four years, all fees and exam parts will be forfeited

• Upon exiting the testing room, you will receive a printout of your unofficial exam results.

• Official scores will be published by the IIA within few days on the IIA Certification Candidate Management System.

• If you fail any one of the CIA®exam parts, you must wait at least 90 days before you will be able to retake that exam part.

• Keep in mind that when you register for an exam, you must sit for it within 180 days.

• There is no limit to the number of times a candidate can retake a failed exam.

Non-disclosed Exam

Candidates in the CIA® program agree to keep the contents of the CIA® exam confidential and therefore may not discuss the specific exam content with anyone except The IIA’s Certification Department. Unauthorized disclosure of exam material will be considered a breach of the Code of Ethics and could result in disqualification of the candidate or other appropriate censure.

Schedule and Fees

The CIA® examination is available year-round and will be administered through the worldwide network of Pearson VUE

Testing Centers. The Pearson VUE network increases the availability of the exam from approximately 250 exam sites to over 400 exam sites.

CIA Candidate Transition Plan

In recognition of the varying lengths of time spent by candidates earning their CIAs and the level of exam rigor, The IIA has developed the transition plan below to assist candidates who

are in the process of earning their CIA at the time of the new exam structure’s implementation. The table communicates the equivalency of items completed in the previous four-part structure and their relation to the new three-part exam.

CIA® Exam IIA Members Non Members Student & Professors

Application Fee US $75 US $100 US $50

CIA Exam 1 Part Fee (4 Parts exam) US $150 US $200 US $105

CIA Exam Part 1 only Fee (3 Parts exam) US $250 US $300 US $205

CIA Exam Part 2/Part 3 only Fee (3 Parts exam) US $200 US $250 US $155

Exam Part Re-scheduling Fee US $50 US $50 US $50

CPE Reporting Fee US $0 US $100 US $N/A

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Bur Dubai | Al Qusais | Deira | Knowledge Village | RAK | Abu Dhabi | Sharjah

600 52 4448Email : [email protected] : www.zabeelinstitute.aeSuite # 207, Apsara Super Market Building, Bank Street, Bur Dubai, Dubai, UAE.

Candidates who Will receive credit under Additional requirements for have completed: the new structure for: receiving identified credit:

Application Application None

Part 1 Part 1 None

Part 2 Part 2 None

Part 3 (without Part 4) Part 3 Within six months of the new structure implementation, you must complete one of the following items:

• Pass Part 4 of the previous exam

• Apply and receive PRC 4 Credit through the previous exam process

• Apply for and receive Professional Experience Recognition (PER)

Candidates who do not complete one of these three options within the six-month transition window will be required to take the new Part 3 exam

Part 4 (without Part 3) No credit given Must complete new Part 3

Both Part 3 and Part 4 Part 3 None

Experience Form Experience Form None

Character Reference Character Reference None

Education Verification Education Verification None

The new exam content and format will be as rigorous and complex as the current exam. Candidates currently in the process of earning their CIAs are encouraged to continue their path toward certification in the current exam format. Doing so will ensure that any adjustments to the implementation schedule will not affect their ability to earn the only globally recognized internal audit credential in a reasonable time frame.

Understanding your Results

Reporting scale ranges from 250 to 750 points. A score of 600 or higher on this scale is required to pass an IIA exam.

Retaking Failed Exams

If you fail any one of the CIA exams (parts) or one of the specialty exams, you must wait at least 90 days before you will be able to retake that exam (part).

What Are The Exam Dates?

Candidates can sit for exams every month subject to the conditions.

Where to Give Exam?

Exams are administered through the worldwide network of Pearson VUE Testing Centers and are available in accordance with local customs. To locate a Testing Center and to schedule exam appointments, visit www.pearsonvue.com

Our Accreditations:

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

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CERTIFIEDANTI-MONEYLAUNDERING SPECIALIST

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

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ment and acknowledged by regulators and examiners, the Certifiedment and acknowledged by regulators and examiners, the Certifiedment and acknowledged by regulators and examiners, the CertifiedAnti-Money Laundering Specialist® (CAMS) credential denotes provenAnti-Money Laundering Specialist® (CAMS) credential denotes provenAnti-Money Laundering Specialist® (CAMS) credential denotes provenAnti-Money Laundering Specialist® (CAMS) credential denotes provenAnti-Money Laundering Specialist® (CAMS) credential denotes provenAnti-Money Laundering Specialist® (CAMS) credential denotes provenknowledge in the detection and prevention of money launderingknowledge in the detection and prevention of money launderingknowledge in the detection and prevention of money laundering

THE GOLD STANDARD OFAML CERTIFICATION

CAMS helps you excel in your current position, makes you more productive and valuable - Studying for the examination and helps you excel in your current position, makes you more productive and valuable - Studying for the examination and maintaining the required continuing education credits for recertification enhances your current knowledge and keeps you on top maintaining the required continuing education credits for recertification enhances your current knowledge and keeps you on top maintaining the required continuing education credits for recertification enhances your current knowledge and keeps you on top of the latest developments in the field.of the latest developments in the field.of the latest developments in the field.of the latest developments in the field.

CAMS provides professional growth opportunities and will position you as a leader in the AML community – In job postings CAMS provides professional growth opportunities and will position you as a leader in the AML community – In job postings CAMS provides professional growth opportunities and will position you as a leader in the AML community – In job postings CAMS provides professional growth opportunities and will position you as a leader in the AML community – In job postings CAMS provides professional growth opportunities and will position you as a leader in the AML community – In job postings CAMS provides professional growth opportunities and will position you as a leader in the AML community – In job postings CAMS provides professional growth opportunities and will position you as a leader in the AML community – In job postings CAMS is frequently listed as “preferred” and even “required” for many of the top spots.is frequently listed as “preferred” and even “required” for many of the top spots.is frequently listed as “preferred” and even “required” for many of the top spots.is frequently listed as “preferred” and even “required” for many of the top spots.is frequently listed as “preferred” and even “required” for many of the top spots.is frequently listed as “preferred” and even “required” for many of the top spots.

CAMS certified professionals make more money – According to the ACAMS AML Compensation survey, CAMS-certified AML profes- certified professionals make more money – According to the ACAMS AML Compensation survey, CAMS-certified AML profes- certified professionals make more money – According to the ACAMS AML Compensation survey, CAMS-certified AML profes- certified professionals make more money – According to the ACAMS AML Compensation survey, CAMS-certified AML profes- certified professionals make more money – According to the ACAMS AML Compensation survey, CAMS-certified AML profes- certified professionals make more money – According to the ACAMS AML Compensation survey, CAMS-certified AML profes- certified professionals make more money – According to the ACAMS AML Compensation survey, CAMS-certified AML profes-sionals out-earn their non-certified peers by sionals out-earn their non-certified peers by sionals out-earn their non-certified peers by sionals out-earn their non-certified peers by sionals out-earn their non-certified peers by sionals out-earn their non-certified peers by %14.

CAMS demonstrates to examiners that your department has specialized, concentrated knowledge in the AML field – CAMS is demonstrates to examiners that your department has specialized, concentrated knowledge in the AML field – CAMS is demonstrates to examiners that your department has specialized, concentrated knowledge in the AML field – CAMS is demonstrates to examiners that your department has specialized, concentrated knowledge in the AML field – CAMS is demonstrates to examiners that your department has specialized, concentrated knowledge in the AML field – CAMS is demonstrates to examiners that your department has specialized, concentrated knowledge in the AML field – CAMS is demonstrates to examiners that your department has specialized, concentrated knowledge in the AML field – CAMS is demonstrates to examiners that your department has specialized, concentrated knowledge in the AML field – CAMS is recognized as the benchmark of AML certifications by regulatory agencies and throughout the financial services industry. recognized as the benchmark of AML certifications by regulatory agencies and throughout the financial services industry. recognized as the benchmark of AML certifications by regulatory agencies and throughout the financial services industry. recognized as the benchmark of AML certifications by regulatory agencies and throughout the financial services industry. recognized as the benchmark of AML certifications by regulatory agencies and throughout the financial services industry. recognized as the benchmark of AML certifications by regulatory agencies and throughout the financial services industry. recognized as the benchmark of AML certifications by regulatory agencies and throughout the financial services industry. recognized as the benchmark of AML certifications by regulatory agencies and throughout the financial services industry.

CAMS can help your company minimize risk – Having a CAMS-certified team ensures that your people share and maintain a can help your company minimize risk – Having a CAMS-certified team ensures that your people share and maintain a can help your company minimize risk – Having a CAMS-certified team ensures that your people share and maintain a can help your company minimize risk – Having a CAMS-certified team ensures that your people share and maintain a can help your company minimize risk – Having a CAMS-certified team ensures that your people share and maintain a can help your company minimize risk – Having a CAMS-certified team ensures that your people share and maintain a can help your company minimize risk – Having a CAMS-certified team ensures that your people share and maintain a can help your company minimize risk – Having a CAMS-certified team ensures that your people share and maintain a common level of AML knowledge. Studying for the examination also offers guidance in designing and implementing tailored AML common level of AML knowledge. Studying for the examination also offers guidance in designing and implementing tailored AML common level of AML knowledge. Studying for the examination also offers guidance in designing and implementing tailored AML common level of AML knowledge. Studying for the examination also offers guidance in designing and implementing tailored AML common level of AML knowledge. Studying for the examination also offers guidance in designing and implementing tailored AML programs. programs.

CAMS helps meet training requirements – Preparing for the exam and the continuing education required to maintain the credential helps meet training requirements – Preparing for the exam and the continuing education required to maintain the credential helps meet training requirements – Preparing for the exam and the continuing education required to maintain the credential helps departments meet AML training requirements mandated by most AML laws and regulations around the world. helps departments meet AML training requirements mandated by most AML laws and regulations around the world. helps departments meet AML training requirements mandated by most AML laws and regulations around the world.

Recognized worldwide by employers in both private industry and govern-Recognized worldwide by employers in both private industry and govern-Recognized worldwide by employers in both private industry and govern-ment and acknowledged by regulators and examiners, the Certifiedment and acknowledged by regulators and examiners, the Certifiedment and acknowledged by regulators and examiners, the Certified

is the largest international membership organization dedicated to enhancing the knowledge and expertise of AML/CTF and financial crime detection and prevention professionals, from a wide range of industries, in both the public and private sectors.

AML professionals who earn the CAMS designation position themselves to be leaders in the industry and experi-AML professionals who earn the CAMS designation position themselves to be leaders in the industry and experi-AML professionals who earn the CAMS designation position themselves to be leaders in the industry and experi-AML professionals who earn the CAMS designation position themselves to be leaders in the industry and experi-AML professionals who earn the CAMS designation position themselves to be leaders in the industry and experi-AML professionals who earn the CAMS designation position themselves to be leaders in the industry and experi-ence professional growth. The CAMS certification is the most widely recognized AML certification among compli-ence professional growth. The CAMS certification is the most widely recognized AML certification among compli-ence professional growth. The CAMS certification is the most widely recognized AML certification among compli-ence professional growth. The CAMS certification is the most widely recognized AML certification among compli-ence professional growth. The CAMS certification is the most widely recognized AML certification among compli-ence professional growth. The CAMS certification is the most widely recognized AML certification among compli-ance professionals worldwide. Candidates who pass the rigorous CAMS examination distinguish themselves asance professionals worldwide. Candidates who pass the rigorous CAMS examination distinguish themselves asance professionals worldwide. Candidates who pass the rigorous CAMS examination distinguish themselves asance professionals worldwide. Candidates who pass the rigorous CAMS examination distinguish themselves asance professionals worldwide. Candidates who pass the rigorous CAMS examination distinguish themselves asance professionals worldwide. Candidates who pass the rigorous CAMS examination distinguish themselves asexperts fully qualified for the demanding anti-money laundering duties in business and governmentexperts fully qualified for the demanding anti-money laundering duties in business and governmentexperts fully qualified for the demanding anti-money laundering duties in business and governmentexperts fully qualified for the demanding anti-money laundering duties in business and governmentexperts fully qualified for the demanding anti-money laundering duties in business and governmentexperts fully qualified for the demanding anti-money laundering duties in business and government

Benefits of CAMS

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1. Name economic and social effects and risks of money laundering2. Recognize methods used

1. Recognize risks associated with

2. Recognize risks inherent to structures designed to hide beneficial ownership (e.g., companies not 2. Recognize risks inherent to structures designed to hide beneficial ownership (e.g., companies not 2. Recognize risks inherent to structures designed to hide beneficial ownership (e.g., companies not registered, trusts, shell corporations, off -shore companies, shelf companies, bearer shares, bonds or registered, trusts, shell corporations, off -shore companies, shelf companies, bearer shares, bonds or registered, trusts, shell corporations, off -shore companies, shelf companies, bearer shares, bonds or other certificates of ownership)other certificates of ownership)

1. Articulate FATF recommendations and other FATF initiatives1. Articulate FATF recommendations and other FATF initiatives1. Articulate FATF recommendations and other FATF initiatives1. Articulate FATF recommendations and other FATF initiatives1. Articulate FATF recommendations and other FATF initiatives

2. Articulate BASEL customer due diligence and KYC principles2. Articulate BASEL customer due diligence and KYC principles2. Articulate BASEL customer due diligence and KYC principles2. Articulate BASEL customer due diligence and KYC principles2. Articulate BASEL customer due diligence and KYC principles

3. Articulate Wolfsburg AML Principles for private and correspondent Banking, the financing of terror-3. Articulate Wolfsburg AML Principles for private and correspondent Banking, the financing of terror-3. Articulate Wolfsburg AML Principles for private and correspondent Banking, the financing of terror-3. Articulate Wolfsburg AML Principles for private and correspondent Banking, the financing of terror-3. Articulate Wolfsburg AML Principles for private and correspondent Banking, the financing of terror-3. Articulate Wolfsburg AML Principles for private and correspondent Banking, the financing of terror-3. Articulate Wolfsburg AML Principles for private and correspondent Banking, the financing of terror-3. Articulate Wolfsburg AML Principles for private and correspondent Banking, the financing of terror-ism, and monitoring and screening for suspicious activityism, and monitoring and screening for suspicious activityism, and monitoring and screening for suspicious activity

3. Identify differing jurisdictional risks dependent on legislation, regulation, and secrecy laws, and 3. Identify differing jurisdictional risks dependent on legislation, regulation, and secrecy laws, and 3. Identify differing jurisdictional risks dependent on legislation, regulation, and secrecy laws, and 3. Identify differing jurisdictional risks dependent on legislation, regulation, and secrecy laws, and 3. Identify differing jurisdictional risks dependent on legislation, regulation, and secrecy laws, and government reports (e.g., FATF member countries, World Bank / IMF sanctions, corruption index, government reports (e.g., FATF member countries, World Bank / IMF sanctions, corruption index, government reports (e.g., FATF member countries, World Bank / IMF sanctions, corruption index, government reports (e.g., FATF member countries, World Bank / IMF sanctions, corruption index, various governmental agency advisories, off -shore banking centers)various governmental agency advisories, off -shore banking centers)

COURSE CONTENTS:

B. Recognition of Risks

A. Money Laundering and Terrorism Financing Method

I. RISKS AND METHODS OF MONEY LAUNDERING AND TERRORISM FINANCING

A.A. InternationalInternationalInternationalInternationalInternational

II. COMPLIANCE STANDARDS FOR ANTI-MONEY LAUNDER-ING(AML) AND COMBATING THE FINANCING OF TERROR-ISM (CFT)

a. in banks and other deposit-tak-ing institutions (e.g., credit unions, other credit institutions – building societies)

b. in non-bank financial institu-tions (e.g., insurance companies, broker-dealers, casinos, precious metal dealers, dealers in real estate and high-value items, bureaux de change, money services businesses)

c. by gatekeepers (e.g., lawyers, notaries, accountants, auditors, investment advisors)

a. new technologies (e.g., on-line banking, Internet casinos, on-line brokerage, e-commerce, secured payment processing, stored-value cards)

b. terrorist financing methods (e.g., charities, non-governmen-tal organizations)

c. other known methods (e.g. FATF Typologies, FIU SAR reviews, Egmont Group’s showcases)

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1. Articulate EU Directives on Money Laundering

2. Articulate appreciation of key US legislative (e.g., USA PATRIOT Act) and regulatory initiatives applied to international transactions

B. Regional

I I I . AML COMPLIANCE PROGRAM

a. general client behavior (e.g., nervous demeanor, unusual questions, customer identify circumstances)

b. transactions or account activity in different settings (e.g., cash transactions, non-cash deposits, wire transfers, correspondent and commercial accounts, safe deposit box, credit transactions, trade financing and investment activity , non-financial andnon-bank financial institution settings)

c. suspicious employee activity

a. ongoing internal assessments of the AML program

b. independent assessments of the AML program

c. screening of high-risk and prohibited entities (e.g., PEPs, OFAC)

A. AML / CFT Compliance Program Design in Different Industry Settings Industry Settings Industry Settings

1. Assess risk (e.g., product, customer, geography) and design a risk scoring model for the institution1. Assess risk (e.g., product, customer, geography) and design a risk scoring model for the institution

2. Advise the institution and specific business units of any AML concerns and recommend appropriate 2. Advise the institution and specific business units of any AML concerns and recommend appropriate

mitigating factors

3. Develop internal AML policies, procedures, and controls

4. Conduct ongoing AML training

5. Obtain endorsement of senior management and / or board of directors

6. Implement account opening controls (e.g., KYC, enhanced due diligence, customer verification)6. Implement account opening controls (e.g., KYC, enhanced due diligence, customer verification)

7. Evaluate, implement, and utilize Electronic AML Tools

8. Perform background investigations on customers and potential employees

9. Monitor and trace money or funds through a business

10. Identify suspicious behavior associated with

11. Process SARs / STRs internally and externally11. Process SARs / STRs internally and externally

12. Report results to the competent authority12. Report results to the competent authority12. Report results to the competent authority

13. Cooperate with the competent authority after reporting suspicious activity13. Cooperate with the competent authority after reporting suspicious activity13. Cooperate with the competent authority after reporting suspicious activity13. Cooperate with the competent authority after reporting suspicious activity13. Cooperate with the competent authority after reporting suspicious activity13. Cooperate with the competent authority after reporting suspicious activity

14. Manage regulatory or other legal implications of SARs / STRs14. Manage regulatory or other legal implications of SARs / STRs14. Manage regulatory or other legal implications of SARs / STRs14. Manage regulatory or other legal implications of SARs / STRs14. Manage regulatory or other legal implications of SARs / STRs

15. Apply and implement a consolidated AML program for institutions operating in multiple jurisdictions 15. Apply and implement a consolidated AML program for institutions operating in multiple jurisdictions 15. Apply and implement a consolidated AML program for institutions operating in multiple jurisdictions 15. Apply and implement a consolidated AML program for institutions operating in multiple jurisdictions 15. Apply and implement a consolidated AML program for institutions operating in multiple jurisdictions 15. Apply and implement a consolidated AML program for institutions operating in multiple jurisdictions

includingincluding

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a. best practices for embedding compliance into institutional culture

b. trends from SARs / STRs and adapt the program as necessary

a. timely conduct of independ-ent examinations or audits of AML and CFT programs

b. institutional awareness of high-risk and prohibited entities (e.g., PEPs, OFAC, FEPs)

a. summary of all SARs / STRs b. detailed listing of high-profile SARs / STRs (e.g., on employees, PEPs)

a. consulting legal counsel b. an appropriate written request by a law enforcement agency to leave an account open

1. Identify

2. Conduct and evaluate ongoing internal assessments of the current AML program

3. Implement necessary program changes (e.g., policy / procedure change, enhanced training)

4. Develop, implement, and document ongoing training

5. Assess the risk of new business products and services

6. Monitor and incorporate changes to legislation, regulations, and guiding principles

7. Communicate program effectiveness to management and / or the board of directors

8. Respond to AML audit findings, document the response, and adopt appropriate actions8. Respond to AML audit findings, document the response, and adopt appropriate actions

9. Identify and apply relevant trends from international and national typologies and exercises

10. Ensure

11. Coordinate with the Human Resources department to implement appropriate screening programs to 11. Coordinate with the Human Resources department to implement appropriate screening programs to ensure high standards when hiring employees

1. Ensure senior management and the board of directors are provided information regarding SARs / STRs 1. Ensure senior management and the board of directors are provided information regarding SARs / STRs 1. Ensure senior management and the board of directors are provided information regarding SARs / STRs 1. Ensure senior management and the board of directors are provided information regarding SARs / STRs 1. Ensure senior management and the board of directors are provided information regarding SARs / STRs 1. Ensure senior management and the board of directors are provided information regarding SARs / STRs including a

2. Maintain an internal investigation log / diary2. Maintain an internal investigation log / diary2. Maintain an internal investigation log / diary2. Maintain an internal investigation log / diary2. Maintain an internal investigation log / diary2. Maintain an internal investigation log / diary3. Report SARs / STRs to appropriate authorities in the prescribed manner3. Report SARs / STRs to appropriate authorities in the prescribed manner3. Report SARs / STRs to appropriate authorities in the prescribed manner3. Report SARs / STRs to appropriate authorities in the prescribed manner3. Report SARs / STRs to appropriate authorities in the prescribed manner4. Maintain and secure all supporting documentation used to identify suspicious activity4. Maintain and secure all supporting documentation used to identify suspicious activity4. Maintain and secure all supporting documentation used to identify suspicious activity4. Maintain and secure all supporting documentation used to identify suspicious activity4. Maintain and secure all supporting documentation used to identify suspicious activity5. Deliver records to law enforcement and government authorities on request5. Deliver records to law enforcement and government authorities on request5. Deliver records to law enforcement and government authorities on request5. Deliver records to law enforcement and government authorities on request5. Deliver records to law enforcement and government authorities on request6. Provide evidential / expert statements on behalf of the institution6. Provide evidential / expert statements on behalf of the institution6. Provide evidential / expert statements on behalf of the institution6. Provide evidential / expert statements on behalf of the institution6. Provide evidential / expert statements on behalf of the institution7. Recommend to an institution whether to maintain or close an account after7. Recommend to an institution whether to maintain or close an account after7. Recommend to an institution whether to maintain or close an account after7. Recommend to an institution whether to maintain or close an account after7. Recommend to an institution whether to maintain or close an account after

B. Maintenance of an Effective AML / CFT ComplianceProgram

A. SAR and STR FilingSAR and STR Filing

IV. CONDUCTING OR SUPPORTING THE INVES-TIGATION PROCESS

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a. how authorities (e.g., FIUs, central banks, governments, regulatory bodies) can cooperate across jurisdictions and how they lend expertise in money launder-ing investigations and prosecu-tions

b. the role of authorities to guard against control or acquisi-tion of significant participation in a financial institution by criminals or their confederates

c. What a government FIU does, what the ideal set up looks like, and how it interacts with the private sector

1. Identify appropriate interviewing techniques and content

2. Interview customers and employees using appropriate techniques (e.g., body language, proximity)2. Interview customers and employees using appropriate techniques (e.g., body language, proximity)

3. Interpret information gathered during a customer or employee interview

4. Commence an investigation through the identification of research tools and sources of information4. Commence an investigation through the identification of research tools and sources of information

5. List methods by which law enforcement may request information from a financial institution

6. Deliver records to enforcement agencies in response to a subpoena or court order in accordance with 6. Deliver records to enforcement agencies in response to a subpoena or court order in accordance with the law

7. Identify and provide records that are legally available to law enforcement officers without a court 7. Identify and provide records that are legally available to law enforcement officers without a court 7. Identify and provide records that are legally available to law enforcement officers without a court order or subpoenaorder or subpoena

8. Explain

9. Describe the role of strict safeguards on privacy and data protection9. Describe the role of strict safeguards on privacy and data protection9. Describe the role of strict safeguards on privacy and data protection9. Describe the role of strict safeguards on privacy and data protection9. Describe the role of strict safeguards on privacy and data protection

1. Contact and cooperate with enforcement agencies

2. Identify and provide records that are legally available to law enforcement officers without a court order / subpoena

3. Share information with other financial institutions or government agencies in accordance with applicable laws

4. Recommend whether to terminate or suspend an employee within the institution who may be involved in an activity under investigation

5. Coordinate an investigation of an employee or high-profile customer or transaction with internal management, legal advisors, and auditors

B. Assistance of Institutional Investigations

C. Assistance of Legal and Government Inquiries DomesticallyAssistance of Legal and Government Inquiries Domesticallyand Internationally Within Parameters of the Law

d. the basis and means for cooperation between countries in anti-money laundering investi-gations including:

FreezingSeizureConfiscationMutual Legal AssistanceLetters OratoryInformed ExchangesExtradition

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a. Document a minimum of 40 qualifying credits based on education, professional experience and training

b.Provide three professional references

c. Be of high moral character

To sit for the CAMS Examination, you must:

AMIDEAST / Computer based Test

Check if you meet the credits requirement in CAMS Credit Calculator, in the website.

http://www.acams.org/ACAMS/Certification/CAMScertificationhandbook/

Upon approval of your application and receipt of payment, you will receive an ID number with which to schedule your Upon approval of your application and receipt of payment, you will receive an ID number with which to schedule your examination.

Upon receipt of payment, we will send you a link to access the online PDF and audio fi les of the CAMS Study Guide Upon receipt of payment, we will send you a link to access the online PDF and audio fi les of the CAMS Study Guide and your login to the CAMS Examination Preparation online training, if you have chosen that option. Upon approval of and your login to the CAMS Examination Preparation online training, if you have chosen that option. Upon approval of your application, we will send you an Examination Voucher Code to schedule the exam at your convenience.Schedule your examination at one of Kryterion’s live host locations, located around the globe. Your Examination Schedule your examination at one of Kryterion’s live host locations, located around the globe. Your Examination Schedule your examination at one of Kryterion’s live host locations, located around the globe. Your Examination Voucher will be valid for six months from the date it is issued. You must take the exam before the end of the sixth Voucher will be valid for six months from the date it is issued. You must take the exam before the end of the sixth Voucher will be valid for six months from the date it is issued. You must take the exam before the end of the sixth month.

CAMS offer hundreds of testing centers throughout the world, are open six days a week from 8 AM – 6 PM. Take the CAMS offer hundreds of testing centers throughout the world, are open six days a week from 8 AM – 6 PM. Take the CAMS offer hundreds of testing centers throughout the world, are open six days a week from 8 AM – 6 PM. Take the CAMS offer hundreds of testing centers throughout the world, are open six days a week from 8 AM – 6 PM. Take the CAMS offer hundreds of testing centers throughout the world, are open six days a week from 8 AM – 6 PM. Take the examination in English, Spanish or Arabic.examination in English, Spanish or Arabic.

Eligibility

Exam Centre in UAE:

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Do I Meet the Qualifications for Becoming aCertified Anti-Money Laundering Specialist?

CAMS Certification Process:CAMS Certification Process:CAMS Certification Process:

Step 1: Submit Your Application Submit Your Application

Step Step 2:: Purchase Certification Package/Choose YourPurchase Certification Package/Choose YourPurchase Certification Package/Choose YourPurchase Certification Package/Choose YourPurchase Certification Package/Choose YourPurchase Certification Package/Choose YourPurchase Certification Package/Choose YourPurchase Certification Package/Choose YourPrep SeminarPrep SeminarPrep SeminarPrep Seminar

Download the Candidate Handbook. Please note: You can submit your application before or after you purchase your Download the Candidate Handbook. Please note: You can submit your application before or after you purchase your Download the Candidate Handbook. Please note: You can submit your application before or after you purchase your Download the Candidate Handbook. Please note: You can submit your application before or after you purchase your certification package, which includes the examination fee, live or online preparation seminar and preparation materials.certification package, which includes the examination fee, live or online preparation seminar and preparation materials.certification package, which includes the examination fee, live or online preparation seminar and preparation materials.certification package, which includes the examination fee, live or online preparation seminar and preparation materials.certification package, which includes the examination fee, live or online preparation seminar and preparation materials.certification package, which includes the examination fee, live or online preparation seminar and preparation materials.certification package, which includes the examination fee, live or online preparation seminar and preparation materials.certification package, which includes the examination fee, live or online preparation seminar and preparation materials.

To purchase a Spanish Certification Package To purchase a Spanish Certification Package To purchase a Spanish Certification Package To purchase a Spanish Certification Package To purchase a Spanish Certification Package visit this page.You will receive access to the online study materials in PDF and audio formats with your receipt.You will receive access to the online study materials in PDF and audio formats with your receipt.You will receive access to the online study materials in PDF and audio formats with your receipt.You will receive access to the online study materials in PDF and audio formats with your receipt.You will receive access to the online study materials in PDF and audio formats with your receipt.You will receive access to the online study materials in PDF and audio formats with your receipt.

* Listed rates are applicable only to ACAMS Members.* Listed rates are applicable only to ACAMS Members.* Listed rates are applicable only to ACAMS Members.* Listed rates are applicable only to ACAMS Members.

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ACAMS Membership Application:ACAMS Membership Application:ACAMS Membership Application:ACAMS Membership Application:ACAMS Membership Application:

Step 3: Schedule your ExaminationSchedule your Examination

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Step Step 5: Frame Your Success Frame Your Success Frame Your Success Frame Your Success

Upon approval of your application and receipt of payment, you will receive an ID number with which to schedule your Upon approval of your application and receipt of payment, you will receive an ID number with which to schedule your Upon approval of your application and receipt of payment, you will receive an ID number with which to schedule your examination. We offer examination. We offer examination. We offer hundreds of testing centers throughout the world, are open six days a week from 8 AM – 6 PM. Take , are open six days a week from 8 AM – 6 PM. Take the examination in English, Spanish or Arabic the examination in English, Spanish or Arabic the examination in English, Spanish or Arabic the examination in English, Spanish or Arabic

ACAMS has partnered with Framing Success to provide our members the opportunity to mount their achievements with ACAMS has partnered with Framing Success to provide our members the opportunity to mount their achievements with ACAMS has partnered with Framing Success to provide our members the opportunity to mount their achievements with ACAMS has partnered with Framing Success to provide our members the opportunity to mount their achievements with ACAMS has partnered with Framing Success to provide our members the opportunity to mount their achievements with ACAMS has partnered with Framing Success to provide our members the opportunity to mount their achievements with ACAMS has partnered with Framing Success to provide our members the opportunity to mount their achievements with ACAMS has partnered with Framing Success to provide our members the opportunity to mount their achievements with several options quality frames at a 10% discountseveral options quality frames at a 10% discountseveral options quality frames at a 10% discountseveral options quality frames at a 10% discountseveral options quality frames at a 10% discount

Membership Category (please circle one): 1 year 2 years 3 yearsMembership Category (please circle one): 1 year 2 years 3 yearsMembership Category (please circle one): 1 year 2 years 3 yearsPrivate rate (for individuals who work in the private sector): $285 $495 $675Private rate (for individuals who work in the private sector): $285 $495 $675Private rate (for individuals who work in the private sector): $285 $495 $675Public rate (for full-time government employees): $185 $320 $445Public rate (for full-time government employees): $185 $320 $445Public rate (for full-time government employees): $185 $320 $445

Join an elite group of AML/CTF professionals the world over.Join an elite group of AML/CTF professionals the world over.Join an elite group of AML/CTF professionals the world over.Join an elite group of AML/CTF professionals the world over.Join an elite group of AML/CTF professionals the world over.

Our Accreditations:

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

Bur Dubai | Al Qusais | Deira | Knowledge Village | RAK | Abu Dhabi | Sharjah

600 52 4448Email : [email protected] : www.zabeelinstitute.aeSuite # 207, Apsara Super Market Building, Bank Street, Bur Dubai, Dubai, UAE.

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UNITED ARAB EMIRATESMINISTRY OF EDUCATION

CharteredFinancial Analyst

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CFA (CHARTERED FINANCIAL ANALYST) EXAM PREPARATION

CFA Program Benefits The CFA Program provides you with the strong foundation of the skills and knowledge you need to succeed in the wide range of specialties in today’s competitive world of investing and finance.

Unlike most graduate school programs, the self-study format of the program allows you to continue working full time as you progress towards earning the CFA charter.

Candidates for the CFA Program come from a wide range of backgrounds. They include students entering the investment field, professionals increasing their expertise and marketability, and people making a career change into the investment profession from other disciplines.

Whatever your background or reason for enrolling, when it comes to access to opportunities in the invest-ment profession, there is simply no equivalent to earning the CFA charter. You won’t find a more cost-effec-tive or well-respected credential program that better prepares you with the skills you need to meet the challenges of today’s world of professional investing.

www.cfainstitute.org

Course of Study To earn the CFA charter, you must successfully pass through the CFA Program, a graduate-level self-study program that combines a broad curriculum with professional conduct requirements, culminating in three sequential exams. Level I exams are held in June and December. Levels II and III are only offered in June.

The topics emphasized on each exam are similar but vary in focus and depth by program level.

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Course Duration/Schedule

Course Duration Total course duration: 3 to 4 months (Approximately 100 Instructor Led hours of tutorials and problem solving sessions)

Inside the Exam (Paper Based Exam)The Chartered Financial Analyst® (CFA®) Program, administered by the CFA® Institute, offers a graduate level curriculum and examination program designed to expand your working knowledge and practical skills related to investment decision making. Each of the CFA® program's three levels builds on the preceding one, and each concludes with a full-day (six-hour) examination. Candidates must pass each examination before advancing to the next higher level, but are permitted to repeat an examination if they fail to pass.

Level I focuses on the tools and inputs relating to investment valuation and portfolio management and introduces basic concepts regarding securities laws, regulations, and ethical and professional conduct.

Level II emphasizes asset valuation while testing your ability to apply Level I concepts on investment analysis and valuation, and ethical and professional conduct.

Level III covers the entire portfolio management process in-depth. You must also be able to relate concepts learned in Levels I and II to this process. As with Levels I and II, you must have a firm grasp on how to apply CFA® Institute Code of Ethics and Standards of Professional Conduct in Organizations.

Books/Topic areas for all three levels include:Book 1: Ethical and Professional Standards, and Quantitative Methods

Book 2: Economics,

Book 3: Financial Reporting & Analysis,

Book 4: Corporate Finance, Portfolio Management, and Equity Investments

Book 5: Fixed Income, Derivatives, and Alternative Investments.

The topics emphasized on each exam are similar but vary in focus and depth by program level.

Exam Format: Paper Based Exam

Level I exams: multiple choiceLevel I multiple choice questions are crafted with each of the incorrect responses (distracters)carefully constructed to represent common mistakes in either calculation or logic. A Level Iexamination consists of 240 questions to be completed in a six-hour time frame.

120 questions in the morning & 120 questions in the after noon.

Level II exams: item setThe Level II CFA exam consists of 20 item sets — 10 on the morning session of the exam and 10 on the afternoon session.

Item sets are sometimes called “mini-cases.” Each item set on the CFA exam consists of a vignette (or case statement) and six multiple choice items (questions).

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Level III exams: item set and essayThe Level III exam uses the essay format in the morning, and the item set format, with 10 item sets, in the afternoon.

The Level III essay exam is given in the morning session and has a maximum score of 180 points. The essay exam typically has 15–10 questions, and questions may have multiple parts. The points for each question and each question part are given in the exam.

CFA Program Entrance Requirements To enroll in the CFA Program & register for your first exam, you must meet the entrance requirements:

• You must have a bachelor's degree or equivalent OR be a college/university senior scheduled to receive a bachelor's degree OR meet experience requirements.

• Prospective candidates without a degree may qualify if they have four years of acceptable professional work experience OR a combination of four years of college/university and professional work experience.

• All deadlines (registration, payment, required application materials) must be submitted to CFA institute in a timely fashion.

Study MaterialZabeel would provide: • Slides pack covering the curriculum • Regular Practice Tests • Key concepts summary book • Key Formulae Ready Reckoner

SchweserNotes™ Package: The SchweserNotes Package covers every topic and reading contained in the CFA Program curriculum. Each learning outcome statement for the exam is addressed in clear and concise language so that you can quickly grasp and remember the concepts, calculations, definitions, and analytic techniques essential for exam success. You also receive Schweser's QuickSheet for a high-level review and three full-length Practice Exams for late-season preparation.

The complete SchweserNotes™ Package includes:

-5 Volume Set of Study Notes• Comprehensive coverage of every Learning Outcome Statement with Professor’s Notes, exam-like Self-Tests at the end of each topic, Formula Sheets, Appendices, and a complete Index.

Schweser's QuickSheet™• This foldable -6page, laminated document includes key formulas, definitions, and concepts for a quick review of every major topic in the CFA curriculum.

3 Full-length Practice Exams• Each exam mimics the length, format, and difficulty of the actual CFA Exam. To see how you scored and to compare your scores against other candidates, you also receive detailed answer explanations with online performance tracking.

Schweser Study Planner• Create a daily, weekly & monthly study plan based on your selected start date. This study tool takes the guesswork out of creating a prep plan that suits your schedule.

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InstructorLink™• This ancillary set of online instructional resources & support tools links you directly to our CFA curriculum experts. As part of the SchweserNotes Package, you will receive partial access to InstructorLink including: • 3 volumes from the Schweser Library • Weekly Study Tips provided by a CFA charterholder • Access to a searchable database of CFA candidate frequently asked questions

For budget-conscious CFA candidates, SchweserNotes™ Only (books 5-1), Schweser's QuickSheet™, and the Practice Exams book can be purchased separately.

What Will You Learn?As a postgraduate program, the course work and examinations go beyond a fundamental, introductory level and are designed for those who are prepared for master’s-level work. CFA Program topics by functional area include:• Ethical and professional standards • Tools and inputs • Quantitative methods • Economics • Financial reporting and analysis • Corporate finance • Asset valuation • Equity investments • Fixed income • Derivative investments • Alternative investments • Portfolio management

CFA Exam Results June 2010 CFA Exam Pass Rates • Level I: %42 • Level II: %39 • Level III: %46

Exam Results Availability Exam results are reported to candidates as "pass" or "fail" within 90 days (60 days for Level I and Level II) of the exam date.

You must attend both sessions or your exam will not be graded and you will not receive results. If you do not sit for the morning session, you will not be permitted to sit for the afternoon session.

Individual candidate results are only released to the candidate and are never released to a third party; howev-er, lists of passing candidates are provided to societies for membership purposes.

Print a copy of your results as a permanent record. Results will be available for approximately one year after the exam date. Subsequently, an official letter can be provided indicating only a pass or fail result; the analy-sis grid will not be available.

Exam Scores The minimum passing score (MPS) for each level of the exam is determined by the CFAInstitute Board of Governors each year after the administration of the exams. Neither the MPS nor individual candidate scores have ever been released. To set the MPS before the administration of the exams would require that an absolute standard be applied without regard to the difficulty of the exams; this could potentially be very unfair to candidates, especially across time.

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The score matrix provided on the exam results is an indicator of overall performance and cannot be used to determine approximate scores or pass/fail status. The “<=%50” range is considered poor; “%70–%51” is consid-ered poor to average; “>%70” is considered average to above average.

Exam Score Retabulation If you are not satisfied with your exam results, you may request that your exam score be manually retabulat-ed. During a retabulation, your answer sheets are verified by candidate number and name. Your marked answers are compared to the answer key and your score is compared to your score in the CFA Institute computer database.

Should you choose to request a retabulation, your request form and payment must be received within 30 days after results are released. The cost is US100$.

All exam materials, including answers, are the property of CFA Institute and will not be returned to you in either original or copied form.

CFA Program Exam CalendarThe exam calendars below are intended to provide an approximate timeline for planning purposes; howev-er, once you enroll in the program you will be given access to the My CFA candidate dashboard, where impor-tant dates relevant to your exam are highlighted.

Detailed Course CoverageCFA program Topics by Functional area include:

I. Ethical and Professional Standards A. Professional Standards of Practice B. Ethical Practices

II. Quantitative Methods A. Time Value of Money B. Probability C. Probability Distributions & Descriptive Statistics D. Sampling and Estimation E. Hypothesis Testing F. Correlation Analysis and Regression G. Time Series Analysis H. Simulation Analysis I. Technical Analysis

III. Economics A. Market Forces of Supply and Demand B. The Firm and Industry Organization C. Measuring National Income and Growth D. Business Cycles E. The Monetary System F. Inflation G. International Trade and Capital Flows H. Currency Exchange Rates I. Monetary and Fiscal Policy J. Economic Growth and Development K. Effects of Government Regulation L. Impact of Economic Factors on Investment Markets

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IV. Financial Reporting and Analysis A. Financial Reporting System (IFRS and GAAP) B. Principal Financial Statements C. Financial Reporting Quality D. Analysis of Inventories E. Analysis of Long-Lived Assets F. Analysis of Taxes G. Analysis of Debt H. Analysis of Off-Balance-Sheet Assets & Liabilities I. Analysis of Pensions, Stock Compensation & Other Employee Benefits J. Analysis of Inter-Corporate Investments K. Analysis of Business Combinations L. Analysis of Global Operations M. Ratio and Financial Analysis

V. Corporate Finance A. Corporate Governance B. Dividend Policy C. Capital Investment Decisions D. Business and Financial Risk E. Long-Term Financial Policy F. Short-Term Financial Policy G. Mergers and Acquisitions and Corporate Restructuring

VI. Equity Investments A. Types of Equity Securities and Their Characteristics B. Equity Markets: Characteristics, Institutions, and Benchmarks C. Fundamental Analysis (Sector, Industry, Company) and the Valuation of Individual Equity Securities D. Equity Market Valuation and Return Analysis E. Special Applications of Fundamental Analysis (Residual Earnings) F. Equity of Hybrid Investment Vehicles

VII. Fixed Income A. Types of Fixed-Income Securities and Their Characteristics B. Fixed-Income Markets: Characteristics, Institutions, and Benchmarks C. Fixed-Income Valuation (Sector, Industry, Company) and Return Analysis D. Term Structure Determination and Yield Spreads E. Analysis of Interest Rate Risk F. Analysis of Credit Risk G. Valuing Bonds with Embedded Options H. Structured Products

VIII. Derivatives A. Types of Derivative Instruments and Their Characteristics B. Forward Markets and Instruments C. Futures Markets and Instruments D. Options Markets and Instruments E. Swaps Markets and Instruments F. Credit Derivatives Markets and Instruments

IX. Alternative Investments A. Types of Alternative Investments and Their Characteristics B. Real Estate C. Private Equity/Venture Capital D. Hedge Funds E. Distressed Securities/Bankruptcies F. Commodities G. Tangible Assets with Low Liquidity H. Closely Held Companies & Inactively Traded Securities

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X. Portfolio Management and Wealth Planning A. Portfolio Concepts B. Management of Individual/Family Investor Portfolios C. Management of Institutional Investor Portfolios D. Pension Plans and Employee Benefit Funds E. Investment Manager Selection F. Other Institutional Investors G. Mutual Funds, Pooled Funds, and ETFs H. Economic Analysis and Setting Capital Market Expectations I. Tax Efficiency J. Asset Allocation (including Currency Overlay) K. Portfolio Construction and Revision L. Equity Portfolio Management Strategies M. Fixed-Income Portfolio Management Strategies N. Alternative Investments Management Strategies O. Risk Management P. Execution of Portfolio Decisions (Trading) Q. Performance Evaluation R. Presentation of Performance Results

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Trainer’s Biography :

Ketan Dhruv, CFA, CMA, B.Ed., B.E. (Chemical)

Ketan is a senior banking professional with over 20 years’ experience working with leading invest-ment banks in UAE, Oman and India. His last position was as Executive Director at Alpen Capital (ME) Ltd., an investment bank based in DIFC, Dubai, UAE. Prior to this, he has worked with Emirates Financial Services (a subsidiary of Emirates Bank), KPMG, Lazard Brothers India etc. During his career, he has focused on providing investment banking/ corporate finance services to clients in the areas of investment advisory, mergers & acquisitions, private equity placements, debt syndications, valuations, strategic studies, feasibility studies, initial public offers, due diligence etc. His expertise includes valuations, capital structuring, financial management, financial modeling and forecasting, macroeconomic analysis, conducting strategic and feasibility studies, investment research etc.

Since last two years, Ketan is focusing in providing training and teaching solutions to working professionals as well as MBA students in the areas of M&As, Valuations, Financial Management, Management Accounting and other finance subjects.

Ketan completed the CFA program of the CFA Institute, USA in 2013. He obtained the Certified Man-agement Accountant (CMA) designation in 2012. He also completed the CFA program offered by the Institute of Chartered Financial Analyst of India in 1993. He has appeared for the FRM (Financial Risk Management) exam of GARP, USA in Nov 2013 and is awaiting the results. He is also completing a Masters in Finance and Banking from University of Wollongong, Dubai.

Ketan believes that as a CFA Trainer, his students benefit from his recent experiences with the CFA, CMA and the FRM courses which he enriches with his practical industry experience which helps him deliver a complete and effective learning experience to CFA candidates.

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CFA Course Marketing – Q&A Pack

CFA Course Related1. What is the CFA Qualification?

CFA or the Chartered Financial Analyst qualification is conducted by the CFA Institute based at Virginia, USA.

2. Is the CFA qualification globally recognised?

The CFA Program provides its candidates, strong skills and knowledge in portfolio management and invest-ment analysis. It is the most recognized and respected investment designation in the world. It lends credibili-ty and potentially provides career growth to candidates pursuing careers listed below.

3. How large is the CFA Program?

There are more than 100,000 charterholders. Over 150,000 candidates sit for various levels of CFA exams each year across more than 200 exam centres globally. %5 of the candidates come from the Middle East region.

4. Who employs CFA charter holders?

CFA charter holders have skills which find demand and relevance with companies such as:• Brokerage Research Companies• Private Equity Firms• Mutual Funds• Asset Management Companies• Banks• Investment Banks• Insurance Companies• Financial advisory services companies• Sovereign Wealth Funds

5. Who should do this course?

Anybody who is keen to pursue a career in financial analysis, investment advisory, project/ investment appraisal, portfolio management, financial risk management.

6. Who is eligible to enrol for the CFA Program?

To enrol for the CFA program and sit for the exam, a candidate should have:• A bachelor's (or equivalent) degree or be in the final year of a bachelor's degree program at the time of registration Or • Four years of professional work experience (does not have to be investment related field)

7. Are there additional requirements for earning the CFA Charter after passing all three level exams?

The successful candidate should:• Have at least 4 years of relevant work experience comprising of majorly of making decisions involving securities or similar investments which requires analysis and interpretation offinancial, economic and statistical data. • Be a member of the CFA Institute• Be a member of a local CFA Chapter/Society

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8. What are the subjects in CFA course?

The Institute structures the course as topic areas related to investment analysis and portfolio management. The topics covered and at each level are as under:

CFA Level I & CFA Level II • Ethics • Quantitative Methods • Economics • Financial Reporting & Analysis • Corporate Finance • Equity Investments • Fixed Income • Derivatives • Alternative Investments • Portfolio Management and wealth planning

CFA Level III • Equities • Fixed Income • Alternative Investments • Derivatives • Portfolio Management

9. Are there any exemptions available in the CFA course?

No exemptions are permitted at any level.

10. What are the CFA course fees?

The CFA course fees have 2 componentsEnrolment Fee (One time fee when registering for the course at Level I) : US$ 440Exam Fees (depending on when you register for the exam) : US$ 1170-600Print Materials & Shipping (optional) : US$ +150

CFA Exam Related1. What is the CFA Exam Structure?CFA exams are conducted over 3 levels. Level I, II and III.2. What is the focus of each of the 3 levels?• Level I - Introduction to financial Tools and Investment analysis• Level II - Focus is on valuation. In depth treatment of each topic in Level I• Level III - Portfolio Management is the most important topic in this level. Level III brings together the concepts & tools studied in CFA Level I & II and applies them in a practical context

3. Can I take two levels at a time?No, Candidates are required to sequentially pass each level.

4. When are exams for each level held?

Exams are held on the 1st Saturday of the following months:

• Level 1 : June and December• Level 2 : June• Level 3 : June

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5. What is the duration of the exams?

Exam for each Level is of 6 hours duration split in two sessions as under: • Morning Session : 9.00 am to 12.00 noon • Afternoon Session : 2.00 pm to 5.00 pm

6. What is the structure of the exams?

The exams are pen and paper based and tests the candidates in the following format • Level I : 240 Multiple Choice Questions (180 questions in each session) • Level II : 120 questions structured as 20 item sets of 6 questions each split in each session • Level III : 10 to 15 Essay questions in morning session. Item Sets in the after noon session

7. Where are the testing centre for the exams?

Exams are held in Dubai and Abu Dhabi

8. How many hours of studies are required to pass each Level?

The CFA Institute recommends about 300 preparations hours for each level.

9. Does CFA Institute provide any learning material?

Yes, as part of your examination fees, CFA Institutes provide you with a curriculum e-book. Hard copy can also be ordered for an extra payment. The Institute also provides sample mock tests and practice tests.

10. When are the CFA exam released?

Exam results for Level I are emailed approximately six weeks after the exams are conducted. Level II & III results are emailed about 8 weeks after the exams.

11. Does CFA Institute have a calculator policy?

Yes, only two calculator models are allowed to be used:• Texas Instruments BA II Plus (including BA II Plus Professional)• Hewlett Packard 12C (including the HP 12C Platinum, 12C 25th anniversary edition, and 12C 30th anniversa-ry edition)

12. What are the passing marks for each level?• A minimum passing score (MPS) is determined by the Board of governors for each of the 3 levels which determines pass or fail. • The pass rates for June 2013 exams are as under: Level I: 38% Level II: 43% Level III: 49%

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CFA Course – Zabeel Related1. What materials does Zabeel use for the course?Zabeel, uses the CFA Curriculum as reference, and has developed its own slide materials and question bank which it uses to impart the CFA Learning Outcome Statements.

2. What is the course delivery structure at Zabeel?Zabeel delivers an optimal mix of theoretical and problem solving course which it believes enhances a student’s learning experience.

The CFA course would comprise:• About 100 hours of Instructor led classes • Each class would comprise of delivering both theoretical concepts and problem solving• Practice tests and Mock tests• Doubt solving sessions

3. What are Zabeel’s credentials in delivering the course?Besides the CFA experience, Zabeel, leverages its extensive experience and expertise in conducting financial preparatory courses for such programs as CMA, ACCA, CIA, CPA, CIMA etc. in delivering an effective training pedagogy.

It delivers an optimal blend of instructor led classes with both in-class and at-home practice sessions.

4. How good is Zabeel’s CFA Trainer?Like all its financial courses trainers, Zabeel uses qualified trainers who can deliver both sound theoretical concepts backed by relevant industry experience.

Ketan Dhruv, the CFA Trainer, is a recent CFA charterholders and hence abreast of the latest curriculum. Further, he has been a financial trainer for over 2 years. In addition, he has over 20 years of investment bank-ing experience which helps him provide his students with practical industry inputs to support their theoreti-cal understanding.

He has also completed the Financial Risk Management (FRM) exams recently and is awaiting his results. Further, he is completing a Masters in Finance and Banking in January 2014 which again is felt to be extremely useful in his course rendition.

He is also a qualified Certified Management Accountant (CMA).

5. What additional materials/support does Zabeel provide?In addition to the slide pack, Zabeel provides to its students• A key concept workbook• A key formulae ready reckoner• Practice Q Bank• Mock Tests• Doubt clearing sessions with Trainer

6. Would students need additional study material?The students would have the CFA curriculum books as well as Zabeel Slide Pack.Any additional material requirements may differ from student to student based onfactors such as work background, aptitude, time available etc. Zabeel will guidestudents appropriately. Additional materials available may include that publishedby Schweser which may be bought separately by the students.

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Bur Dubai | Karama | Al Qusais | Deira | Knowledge Village | Abu Dhabi | Sharjah | RAK

ABOUT ZABEEL INTERNATIONAL

ZABEEL INTERNATIONAL ADVANTAGE

Zabeel Institute, established in 1988, is a leading Educational and Training Institute for executives in Dubai & is accredited by the Ministry of Education, UAE. We offer training programs to professionals from various indus-tries like Administration, Engineering, Construction, Projects, Accounts and Finance, Management and Languages etc.

Over 25 Years Experience in training Professional Executives Achiever of many QUALITY AWARDS for training from 1988 till date Qualified and Certified Trainers Sophisticated Lab with High end machines and Licensed software Certificates attested by the Ministry of Education, UAE Vast resource materials for reference & course materials Free online support for further assistance Free follow up orientation seminars, workshops and placement assistance

OUR ACCREDITATIONS:

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

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UNITED ARAB EMIRATESMINISTRY OF EDUCATION

CharteredFinancial Analyst

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CFA (CHARTERED FINANCIAL ANALYST) EXAM PREPARATION

CFA Program Benefits The CFA Program provides you with the strong foundation of the skills and knowledge you need to succeed in the wide range of specialties in today’s competitive world of investing and finance.

Unlike most graduate school programs, the self-study format of the program allows you to continue working full time as you progress towards earning the CFA charter.

Candidates for the CFA Program come from a wide range of backgrounds. They include students entering the investment field, professionals increasing their expertise and marketability, and people making a career change into the investment profession from other disciplines.

Whatever your background or reason for enrolling, when it comes to access to opportunities in the invest-ment profession, there is simply no equivalent to earning the CFA charter. You won’t find a more cost-effec-tive or well-respected credential program that better prepares you with the skills you need to meet the challenges of today’s world of professional investing.

www.cfainstitute.org

Course of Study To earn the CFA charter, you must successfully pass through the CFA Program, a graduate-level self-study program that combines a broad curriculum with professional conduct requirements, culminating in three sequential exams. Level I exams are held in June and December. Levels II and III are only offered in June.

The topics emphasized on each exam are similar but vary in focus and depth by program level.

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Course Duration/Schedule

Course Duration Total course duration: 3 to 4 months (Approximately 100 Instructor Led hours of tutorials and problem solving sessions)

Inside the Exam (Paper Based Exam)The Chartered Financial Analyst® (CFA®) Program, administered by the CFA® Institute, offers a graduate level curriculum and examination program designed to expand your working knowledge and practical skills related to investment decision making. Each of the CFA® program's three levels builds on the preceding one, and each concludes with a full-day (six-hour) examination. Candidates must pass each examination before advancing to the next higher level, but are permitted to repeat an examination if they fail to pass.

Level I focuses on the tools and inputs relating to investment valuation and portfolio management and introduces basic concepts regarding securities laws, regulations, and ethical and professional conduct.

Level II emphasizes asset valuation while testing your ability to apply Level I concepts on investment analysis and valuation, and ethical and professional conduct.

Level III covers the entire portfolio management process in-depth. You must also be able to relate concepts learned in Levels I and II to this process. As with Levels I and II, you must have a firm grasp on how to apply CFA® Institute Code of Ethics and Standards of Professional Conduct in Organizations.

Books/Topic areas for all three levels include:Book 1: Ethical and Professional Standards, and Quantitative Methods

Book 2: Economics,

Book 3: Financial Reporting & Analysis,

Book 4: Corporate Finance, Portfolio Management, and Equity Investments

Book 5: Fixed Income, Derivatives, and Alternative Investments.

The topics emphasized on each exam are similar but vary in focus and depth by program level.

Exam Format: Paper Based Exam

Level I exams: multiple choiceLevel I multiple choice questions are crafted with each of the incorrect responses (distracters)carefully constructed to represent common mistakes in either calculation or logic. A Level Iexamination consists of 240 questions to be completed in a six-hour time frame.

120 questions in the morning & 120 questions in the after noon.

Level II exams: item setThe Level II CFA exam consists of 20 item sets — 10 on the morning session of the exam and 10 on the afternoon session.

Item sets are sometimes called “mini-cases.” Each item set on the CFA exam consists of a vignette (or case statement) and six multiple choice items (questions).

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Level III exams: item set and essayThe Level III exam uses the essay format in the morning, and the item set format, with 10 item sets, in the afternoon.

The Level III essay exam is given in the morning session and has a maximum score of 180 points. The essay exam typically has 15–10 questions, and questions may have multiple parts. The points for each question and each question part are given in the exam.

CFA Program Entrance Requirements To enroll in the CFA Program & register for your first exam, you must meet the entrance requirements:

• You must have a bachelor's degree or equivalent OR be a college/university senior scheduled to receive a bachelor's degree OR meet experience requirements.

• Prospective candidates without a degree may qualify if they have four years of acceptable professional work experience OR a combination of four years of college/university and professional work experience.

• All deadlines (registration, payment, required application materials) must be submitted to CFA institute in a timely fashion.

Study MaterialZabeel would provide: • Slides pack covering the curriculum • Regular Practice Tests • Key concepts summary book • Key Formulae Ready Reckoner

SchweserNotes™ Package: The SchweserNotes Package covers every topic and reading contained in the CFA Program curriculum. Each learning outcome statement for the exam is addressed in clear and concise language so that you can quickly grasp and remember the concepts, calculations, definitions, and analytic techniques essential for exam success. You also receive Schweser's QuickSheet for a high-level review and three full-length Practice Exams for late-season preparation.

The complete SchweserNotes™ Package includes:

-5 Volume Set of Study Notes• Comprehensive coverage of every Learning Outcome Statement with Professor’s Notes, exam-like Self-Tests at the end of each topic, Formula Sheets, Appendices, and a complete Index.

Schweser's QuickSheet™• This foldable -6page, laminated document includes key formulas, definitions, and concepts for a quick review of every major topic in the CFA curriculum.

3 Full-length Practice Exams• Each exam mimics the length, format, and difficulty of the actual CFA Exam. To see how you scored and to compare your scores against other candidates, you also receive detailed answer explanations with online performance tracking.

Schweser Study Planner• Create a daily, weekly & monthly study plan based on your selected start date. This study tool takes the guesswork out of creating a prep plan that suits your schedule.

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InstructorLink™• This ancillary set of online instructional resources & support tools links you directly to our CFA curriculum experts. As part of the SchweserNotes Package, you will receive partial access to InstructorLink including: • 3 volumes from the Schweser Library • Weekly Study Tips provided by a CFA charterholder • Access to a searchable database of CFA candidate frequently asked questions

For budget-conscious CFA candidates, SchweserNotes™ Only (books 5-1), Schweser's QuickSheet™, and the Practice Exams book can be purchased separately.

What Will You Learn?As a postgraduate program, the course work and examinations go beyond a fundamental, introductory level and are designed for those who are prepared for master’s-level work. CFA Program topics by functional area include:• Ethical and professional standards • Tools and inputs • Quantitative methods • Economics • Financial reporting and analysis • Corporate finance • Asset valuation • Equity investments • Fixed income • Derivative investments • Alternative investments • Portfolio management

CFA Exam Results June 2010 CFA Exam Pass Rates • Level I: %42 • Level II: %39 • Level III: %46

Exam Results Availability Exam results are reported to candidates as "pass" or "fail" within 90 days (60 days for Level I and Level II) of the exam date.

You must attend both sessions or your exam will not be graded and you will not receive results. If you do not sit for the morning session, you will not be permitted to sit for the afternoon session.

Individual candidate results are only released to the candidate and are never released to a third party; howev-er, lists of passing candidates are provided to societies for membership purposes.

Print a copy of your results as a permanent record. Results will be available for approximately one year after the exam date. Subsequently, an official letter can be provided indicating only a pass or fail result; the analy-sis grid will not be available.

Exam Scores The minimum passing score (MPS) for each level of the exam is determined by the CFAInstitute Board of Governors each year after the administration of the exams. Neither the MPS nor individual candidate scores have ever been released. To set the MPS before the administration of the exams would require that an absolute standard be applied without regard to the difficulty of the exams; this could potentially be very unfair to candidates, especially across time.

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The score matrix provided on the exam results is an indicator of overall performance and cannot be used to determine approximate scores or pass/fail status. The “<=%50” range is considered poor; “%70–%51” is consid-ered poor to average; “>%70” is considered average to above average.

CFA Program Exam CalendarThe exam calendars below are intended to provide an approximate timeline for planning purposes; howev-er, once you enroll in the program you will be given access to the My CFA candidate dashboard, where impor-tant dates relevant to your exam are highlighted.

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Trainer’s Biography :

Ketan Dhruv, CFA, CMA, B.Ed., B.E. (Chemical)

Ketan is a senior banking professional with over 20 years’ experience working with leading invest-ment banks in UAE, Oman and India. His last position was as Executive Director at Alpen Capital (ME) Ltd., an investment bank based in DIFC, Dubai, UAE. Prior to this, he has worked with Emirates Financial Services (a subsidiary of Emirates Bank), KPMG, Lazard Brothers India etc. During his career, he has focused on providing investment banking/ corporate finance services to clients in the areas of investment advisory, mergers & acquisitions, private equity placements, debt syndications, valuations, strategic studies, feasibility studies, initial public offers, due diligence etc. His expertise includes valuations, capital structuring, financial management, financial modeling and forecasting, macroeconomic analysis, conducting strategic and feasibility studies, investment research etc.

Since last two years, Ketan is focusing in providing training and teaching solutions to working professionals as well as MBA students in the areas of M&As, Valuations, Financial Management, Management Accounting and other finance subjects.

Ketan completed the CFA program of the CFA Institute, USA in 2013. He obtained the Certified Man-agement Accountant (CMA) designation in 2012. He also completed the CFA program offered by the Institute of Chartered Financial Analyst of India in 1993. He has appeared for the FRM (Financial Risk Management) exam of GARP, USA in Nov 2013 and is awaiting the results. He is also completing a Masters in Finance and Banking from University of Wollongong, Dubai.

Ketan believes that as a CFA Trainer, his students benefit from his recent experiences with the CFA, CMA and the FRM courses which he enriches with his practical industry experience which helps him deliver a complete and effective learning experience to CFA candidates.

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CFA Course – Zabeel Related1. What materials does Zabeel use for the course?Zabeel, uses the CFA Curriculum as reference, and has developed its own slide materials and question bank which it uses to impart the CFA Learning Outcome Statements.

2. What is the course delivery structure at Zabeel?Zabeel delivers an optimal mix of theoretical and problem solving course which it believes enhances a student’s learning experience.

The CFA course would comprise:• About 100 hours of Instructor led classes • Each class would comprise of delivering both theoretical concepts and problem solving• Practice tests and Mock tests• Doubt solving sessions

3. What are Zabeel’s credentials in delivering the course?Besides the CFA experience, Zabeel, leverages its extensive experience and expertise in conducting financial preparatory courses for such programs as CMA, ACCA, CIA, CPA, CIMA etc. in delivering an effective training pedagogy.

It delivers an optimal blend of instructor led classes with both in-class and at-home practice sessions.

4. How good is Zabeel’s CFA Trainer?Like all its financial courses trainers, Zabeel uses qualified trainers who can deliver both sound theoretical concepts backed by relevant industry experience.

Ketan Dhruv, the CFA Trainer, is a recent CFA charterholders and hence abreast of the latest curriculum. Further, he has been a financial trainer for over 2 years. In addition, he has over 20 years of investment bank-ing experience which helps him provide his students with practical industry inputs to support their theoreti-cal understanding.

He has also completed the Financial Risk Management (FRM) exams recently and is awaiting his results. Further, he is completing a Masters in Finance and Banking in January 2014 which again is felt to be extremely useful in his course rendition.

He is also a qualified Certified Management Accountant (CMA).

5. What additional materials/support does Zabeel provide?In addition to the slide pack, Zabeel provides to its students• A key concept workbook• A key formulae ready reckoner• Practice Q Bank• Mock Tests• Doubt clearing sessions with Trainer

6. Would students need additional study material?The students would have the CFA curriculum books as well as Zabeel Slide Pack.Any additional material requirements may differ from student to student based onfactors such as work background, aptitude, time available etc. Zabeel will guidestudents appropriately. Additional materials available may include that published by Schweser which may be bought separately by the students.

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Bur Dubai | Karama | Al Qusais | Deira | Knowledge Village | Abu Dhabi | Sharjah | RAK

ABOUT ZABEEL INTERNATIONAL

ZABEEL INTERNATIONAL ADVANTAGE

Zabeel Institute, established in 1988, is a leading Educational and Training Institute for executives in Dubai & is accredited by the Ministry of Education, UAE. We offer training programs to professionals from various indus-tries like Administration, Engineering, Construction, Projects, Accounts and Finance, Management and Languages etc.

Over 25 Years Experience in training Professional Executives Achiever of many QUALITY AWARDS for training from 1988 till date Qualified and Certified Trainers Sophisticated Lab with High end machines and Licensed software Certificates attested by the Ministry of Education, UAE Vast resource materials for reference & course materials Free online support for further assistance Free follow up orientation seminars, workshops and placement assistance

OUR ACCREDITATIONS:

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

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UNITED ARAB EMIRATESMINISTRY OF EDUCATION

(Enterprises Resource Planning)

ERP ON

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ERP on OracleERP on OracleWho is the course for?Who is the course for?This intensive training program is designed for those who would like to develop career as

• Financial Analyst

• Financial Controller

• Financial Manager

• Management Accountant

• Chief Financial Officer etc

In Training & Manufacturing companies, Engineering and Construction, Manufacturing and Industrial, Oil and Gas/Petrochemical, Education and Training, Retail, Financial Services, Information Technology, Automotive, Media Production, E-Business Enablers, Marketing and Sales etc.

Course InstructorsCourse InstructorsThe instructors are Senior Chartered Accountants with more than 10 years of experience in providing professional training in various ERP software like Sage, Oracle etc. Zabeel uses licensed software for conducting their training . Live data is used in the practical sessions to give hands on experience to the participants.

CertificationCertificationCertificates will be issued at the end of the course attested by the Ministry of Education , UAE

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Course OutlineCourse Outline

• Creation of Salesman• Customer Group• Terms of payment• Price list• Sales Promotion• Credit Control Rule• Sales Quotation• Sales Order Setup• Delivery Note Setup• Invoice Setup

• Creation of Supplier Codes• Supplier Master• Purchase Order Setup• Shipment Advice Setup

• Company Master• Division• Department Update• Chart of Account grouping• Main Account Master• Currently Master Update• MIS Report• Bank Reconciliation

Purchase ModulePurchase Module

Accounts & FinanceAccounts & Finance

Sales ModuleSales Module

• Creation of Item Master• Item Group• Item Code• Store location• Expense Codes• Stock Adjustment • Reason Codes

• Bill of Material• Job Expense Code

• Statement of payables• Creditors Aged analysis• Suppliers invoice • Received but not settled• Direct Payment List• Statement of Receivables• Debtors Aged Analysis• PDC on hand• PDC to be Banked

InventoryInventory ReportingReportingStockStock

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About ZabeelAbout ZabeelZabeel Institute, established in 1988, is a leading Educational and Training Institute for executives in Dubai and is accredited by the Ministry of Education, UAE. We offer training programs to professionals from various industries like Administration, Engineering, Construction, Projects, Accounts & Finance, and Management, Languages etc.

The Advantage of ZabeelThe Advantage of Zabeel● 25 Years Experience in training Professional Executives

● Achiever of many QUALITY AWARDS for training from 1988 till date

● Qualified & Certified Trainers

● Sophisticated Lab with High end machines and Licensed software

● Certificates attested by the Ministry of Education, UAE

● Vast resource materials for reference and course materials

● Free online support for further assistance

● Free follow up orientation seminars & workshops & placement assistance

Bur Dubai | Al Qusais | Deira | Knowledge Village | RAK | Abu Dhabi | Sharjah

600 52 4448Email : [email protected] : www.zabeelinstitute.aeSuite # 207, Apsara Super Market Building, Bank Street, Bur Dubai, Dubai, UAE.

Our Accreditations:

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

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UNITED ARAB EMIRATESMINISTRY OF EDUCATION

Advanced Excel for

Accountants and Finance

Professionals

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Description

Participants will learn how to; perform calculations and manipulate work-sheet data; format the worksheet contents; working with sheets; working with charts; modifying chart options, work with multiple worksheets and workbooks and prepare, set up, print information.

Who should attend?

Business analysts and professionals, supervisors and staff from any function including finance who need to improve their understanding and use of Microsoft Excel as an important tool to produce more effective and efficient work.

What you will learn:

● Use Microsoft Excel in business finance more effectively.● Perform analysis and evaluation to assist in enhancing the decision making process. ● Understand and create pivot tables and pivot charts.● Analyze business data in no time.● Prepare business and flash reports to senior management.

Prerequisites Basic knowledge of Excel.

Objectives:

● Basic Features of MS Excel ● MS Excel Financial Functions● Business and Financial Data Validation ● Working with Financial Data● Data Consolidation ● Pivot Table & Pivot Charts–A Must Learn Tool● Must Tools for Every Business and Finance Professional

Upon successful completion of this course, students will be able to:

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CourseOutline

Basic Features of MS Excel● A First Look At MS Excel● What are Worksheets and Workbooks?● Cells, Rows, Columns● Cell References (Absolute, Relative…)● Types Of Operators

Financial Functions

(To calculate depreciations)● Use the SYD function to calculate Depreciation● Use the SLN function to calculate straight-line Depreciation● Production per hour● Calculate the age of a person in days

Working with Financial Data

(To sort list, salary list, stock list etc)● Sort ● Creating Form● Subtotal ● Text To Columns

Data Consolidation

(employee sheet, sales budget, etc)● Using Appropriate Function ● Selecting Different References● Creating Source To Consolidated Data

Pivot Table & Pivot Charts

A Must Learn Tool● Using Your Own Data (stock data, cash flow, trial balance)● Using Your Imported Data● Using Consolidation Ranges (employee salary)● Enhancing Your Report with Data & Format Options (variance report)

Business and Financial Data Validation

(To validate the error in cash flow, fund flow, etc)● Setting-Up Your Validation Rules● Selecting Different Input Variables● Using Lists to Restrict Data Input to Your Business Model

Business& Financial Functions

(Investment & share details etc)● Decide Amount to Invest● Compare investments● Using the double-declining balance method● Determine the payment of a loan

Tools for Every Business & Fina-nce Professional

(Trial balance, balance sheet, cash flow etc)● If Statement ● Mid, Left, Right● Vlookup

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About Zabeel

Zabeel Institute, established in 1988, is a leading Educational and Train-ing Institute for executives in Dubai and is accredited by the Ministry of Education, UAE. We offer training programs to professionals from various industries like Administration, Engineering, Construction, Projects, Accounts and Finance, Management and Languages etc.

The Advantage of Zabeel

● 25 Years Experience in training Professional Executives ● Achiever of many QUALITY AWARDS for training from 1988 till date● Qualified & Certified Trainers ● Sophisticated Lab with High end machines and Licensed software● Certificates attested by the Ministry of Education, UAE● Vast resource materials for reference and course materials● Free online support for further assistance● Free follow up orientation seminars and workshops and placement assistance

Bur Dubai | Al Qusais | Deira | Knowledge Village | RAK | Abu Dhabi | Sharjah

600 52 4448Email : [email protected] : www.zabeelinstitute.aeSuite # 207, Apsara Super Market Building, Bank Street, Bur Dubai, Dubai, UAE.

Our Accreditations:

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

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UNITED ARAB EMIRATESMINISTRY OF EDUCATION

Professional Certifications inFINANCIAL ACCOUNTING

Professional Certifications inFINANCIAL ACCOUNTING

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FINA

NCIA

L AC

COUN

TING

This course will enhance your understanding of the basic principles of financial account-ing. We’ll start with a reminder of basic accounting principles like double entry book-keeping. Building on this, you’ll learn how to apply accepted accounting techniques to prepare a perfect set of financial statements for your business. The course includes an interactive case study in which we prepare a full set of accounts from first principles.

This course is delivered by qualified finance professionals who have a strong track record of delivering jargon-free finance courses in an energetic and engaging way, delighting delegates from both financial and non-financial backgrounds.

Course ( ACCA F3)

FINANCIAL ACCOUNTINGCourse ( ACCA F3)

FINANCIAL ACCOUNTING

Why should you attend this course?

This course is suitable for managers, executives with little or no experience in account-ing who would like to understand the fundamental principles of financial accounting, and save on accountancy fees in the process!

Who should attend?

Attending this course will enable you to:

• Be comfortable with basic accounting concepts.

• Understand the layout and purpose of the profit and loss account, balance sheet and cash flow statement.

• Be familiar with generally accepted accounting standards.

• Prepare a full set of accounts, including accruals, prepayments, provisions and depreciation.

Benefits of the course

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FINA

NCIA

L AC

COUN

TING

1 Introduction to Accounting - Introduction- Nature of Accounting- Importance of Accounting- Financial Accounting & Management Accounting- Users of Accounts- Accounting Context- Types of Accountancy- Types of Accountant- Limitations of Accounting- Conclusion- Discussion Questions2 The Accounting Background- Introduction- Financial Accounting- Language of Accounting- Student Example- Why is Financial Accounting Important? - Accounting Principles- Conclusion- Discussion Questions- Numerical Questions3 Recording: Double-Entry Bookkeeping- Introduction- The Accounting Equation- Worked Example- Computers- Conclusion- Discussion Questions - Numerical Questions

4 Main Financial Statements: The Profit & Loss Account (Income Statement)- Introduction- Context- Definitions- Layout- Main Components- Profit - Listed Companies- Capital and Revenue Expenditure- Limitations- Interpretation- Conclusion- Discussion Question- Numerical Questions5 Main Financial Statements: The Balance Sheet- Introduction- Context- Definitions- Layout- Main Components- Limitations- Interpretation- Listed Companies- Conclusion- Discussion Questions- Numerical Questions

Section A: Financial Accounting: The Techniques.

Course Content:Course Content:

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FINA

NCIA

L AC

COUN

TING 6 Preparing the Financial Statements

- Introduction- Main Financial Statements- Trial Balance to Profit and Loss Account and Balance Sheet- Adjustments to Trial Balance- Comprehensive Example- Conclusion- Discussion Questions- Numerical Questions7 Partnerships & Limited Companies- Introduction- Context- Partnerships- Limited Companies- Limited Company Example: Stevens, Turner Ltd- Limited Companies: Published Accounts- Conclusion- Discussion Questions- Numerical Question8 Main Financial Statements: The Cash Flow Statement- Introduction- Importance of Cash- Context- Cash and the Bank Account- Relationship between Cash and Profit- Preparation of Cash Flow Statement

- Conclusion- Discussion Questions- Numerical Questions9 Interpretation of Accounts- Introduction- Context- Overview - Importance of Ratios- Closer Look at Main Ratios- Worked Example- Report Format- Holistic View of Ratios- Performance Indicators- Limitations- Conclusion- Discussion Questions- Numerical Questions- Appendix 9.1: John Brown Ltd10 The Management of Working Capital and Sources of Finance- Introduction- Nature of Sources of Finance- Short-Term Financing- Long-Term Financing- Cost of Capital- Conclusion- Discussion Questions- Numerical Questions

11 Regulatory and Conceptual Frameworks- Introduction- Traditional Corporate Model: Directors, Auditors and Shareholders- Regulatory Framework

- Regulatory Framework in the UK- Corporate Governance- Conceptual Framework- Conclusion- Selected Reading- Discussion Questions

Section B: Financial Accounting: The Context

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FINA

NCIA

L AC

COUN

TING 12 Measurement Systems

- Introduction- Overview- Measurement Systems- Deficiencies of Historical Cost Accounting- Illustrative Example of Different Measurement Systems- Real Life- Conclusion- Selected Reading- Discussion Questions13 The Annual Report- Introduction- Definition- Context- Multiple Roles- Main Contents of the Annual Report- Presentation- Group Accounts- Impression Management- Conclusion- Selected Reading

- Discussion Questions14 Creative Accounting- Introduction- Definition- Managerial Motivation- Methods of Creative Accounting- Example- Real Life- Case Studies- Creative Presentation- Controlling Creative Accounting- Conclusion- Selected Reading- Discussion Questions15 International Accounting- Introduction- Context- Divergent Forces- Classification- Country Snapshots- Convergent Forces- Conclusion

Lectures, case studies, exercises and tutorials, led by the lectures, are supported by private study and work assignments. Participants also complete a significant project/dis-sertation

To support the lectures, the faculty would be using PowerPoint Slides, Audio, video or projectors and /or lecture notes as the course goes on.

The student would be provided with lecture notes as handouts or books which ever is appropriate to the lecture.

Recommended reference books or websites would be suggested to the students for further reading if the student needs a deeper understanding of the topics that are covered in the class.

Course Material

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FINAN

CIAL

ACC

OUNT

ING

About ZabeelAbout ZabeelZabeel Institute, established in 1988, is a leading Educational and Training Institute for executives in Dubai and is accredited by the Ministry of Education, UAE. We offer training programs to professionals from various industries like Administration, Engineering, Construction, Projects, Accounts and Finance, Management and Languages etc.

The Advantage of ZabeelThe Advantage of Zabeel● 25 Years Experience in training Professional Executives ● Achiever of many QUALITY AWARDS for training from 1988 till date● Qualified & Certified Trainers ● Sophisticated Lab with High end machines and Licensed software● Certificates attested by the Ministry of Education, UAE● Vast resource materials for reference and course materials● Free online support for further assistance● Free follow up orientation seminars and workshops and placement assistance

Bur Dubai | Karama | Al Qusais | Deira | Knowledge Village | Abu Dhabi | Sharjah | RAK

600 52 4448Email : [email protected] : www.zabeelinstitute.aeSuite # 207, Apsara Super Market Building, Bank Street, Bur Dubai, Dubai, UAE.

Our Accreditations:

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

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UNITED ARAB EMIRATESMINISTRY OF EDUCATION

Islamic Finance

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CERTIFICATION

CIMA Advanced Diploma in Islamic Finance (CADIF)Those who have completed the diploma in Islamic Finance (previ-ously known as the certificate in Islamic Finance - Cert IF)

Those who have not completed the Cert IF, but have extensive knowledge of Islamic Finance and wish to develop their ability to apply the knowledge to the creation of Islamic Finance products and services in line with current structures and strategies

Companies who wish to develop their staff who are currently work-ing in or have a good knowledge of Islamic Finance to improve the expertise of their staff.

CIMA Certificates in Islamic FinanceThere are four certificates to choose from:• Certificate in Islamic Commercial Law

• Certificate in Banking and Takaful

• Certificate in Islamic Capital Markets and Instruments

• Certificate in Accounting for Islamic Financial Institutions

CIMA Diploma in Islamic Finance (CDIF)This qualification assumes little or no prior knowledge of Islamic finance. It is designed for :• People who wish to begin a career in Islamic Finance

• People who are already working in Islamic Finance, but need a recognised qualification

• People who have an interest in Islamic Finance

• Companies who wish to develop their staff in the principles of Islamic Finance to increase staff performance

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There is a global shortage of people with expertise in the complexities of all areas of Islamic finance. Islamic finance, with its emphasis on ethical finance, is suitable for both Muslims and non Muslims.

A career in Islamic finance requires unique management skills and knowledge. Professionals in this field must ensure that all financial activities are carried out in accor-dance with Shari'ah principles, and the standards, guide-lines and best practices established by governing bodies.

The CIMA qualifications in Islamic finance are the first suite of qualifications offered by a professional chartered accounting body that focus on the dynamic and fast growing area of Islamic finance.

The suite will appeal to a wide range of professionals – from those with little or no knowledge to people with an advanced understanding of Islamic finance.

You must pass a computer based final assessment to gain each of the four certificates. Each assessment has between 40 and 50 multiple choice questions. The pass mark for each certificate is 65%.

The assessments can be taken at CIMA-accredited assess-ment centres around the world.

The StructureThere are three levels of qualifications:• CIMA Certificates in Islamic Finance

• CIMA Diploma in Islamic Finance (CDIF)

• CIMA Advanced Diploma in Islamic Finance (CADIF)

Who Should Enrol?Professionals from finance, accountancy and law, to those in manufacturing, fossil fuel extraction and almost any other industry or sectors seeking to trade or who seek finance for future investment in a Shari’ah compliant manner need to improve their skills and credentials.

Final Assessments

A wide variety of professionals can benefit from these qualifications, including:

• all staff working in the financial services sector who would like to be a part of this fast growing industry

• those currently working in Islamic finance who want to hone their skills and broaden their knowledge

• anyone wishing to enter the financial services sector and specialise in this dynamic subject area

• legal and accounting professionals who advise on Islamic issues

• companies seeking to trade or raise finance in a Shari’ah compliant manner

• anyone with a general interest in Islamic finance.

Who will Benefit?

CIMA - ISLAMIC FINANCE

Page 85: Zabeel Finance Academy

Bur Dubai | Karama | Al Qusais | Deira | Knowledge Village | Abu Dhabi | Sharjah | RAK

600 52 4448Email : [email protected] : www.zabeelinstitute.aeSuite # 207, Apsara Super Market Building, Bank Street, Bur Dubai, Dubai, UAE.

Our Accreditations:

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

ABOUT ZABEELZabeel Institute, established in 1988, is a leading Educa-tional and Training Institute for executives in Dubai and is accredited by the Ministry of Education, UAE. We offer training programs to professionals from various industries like Administration, Engineering, Construction, Projects, Accounts and Finance, Management and Languages etc.

The Advantage of ZabeelThis qualification assumes little or no prior knowledge of Islamic finance. It is designed for :

● 25 Years Experience in training Professional Executives

● Achiever of many QUALITY AWARDS for training from 1988 till date

● Qualified & Certified Trainers

● Sophisticated Lab with High end machines and Licensed software

● Certificates attested by the Ministry of Education, UAE

● Vast resource materials for reference and course materials

● Free online support for further assistance

● Free follow up orientation seminars and workshops and placement assistance

Page 86: Zabeel Finance Academy

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

Page 87: Zabeel Finance Academy

Who are the Beneficiary?

Course Material:

This intensive training program is designed for those who would like to develop career as

• Financial Accountant• Financial Controller• Financial Manager• Management Accountant• Chief Financial Officer etc.

in Training & Manufacturing companies, Engineering and Construction, Manufacturing and Industrial, Oil and Gas/Petrochemical, Education and Training, Retail, Financial Services, Information Technology, Automotive, Media Production, E-Business Enablers, Marketing and Sales etc

The student would be provided with lecture notes as handouts or books whichever is appropriate to the lecture. Recommended reference books or websites would be suggested to the students for further reading if the student needs a deeper understanding of the topics that are covered in the class.

Certification:Course Completion Certificate would be issued at the end of the training by Zabeel International. This certificate can get attested from Ministry of Education , UAE.

AccountingSoftware

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Explanation of Session 1A and Session 1B.

Basic Accounting.

The Transaction Process.

Launching Peachtree Complete Accounting 2008 Software.

Entering General Journal Transactions.

Before You Continue.

Posting the Transaction.

Editing a General Journal Entry.

Financial Statements.

Generating the Income Statement.

Generating the Retained Earnings Statement

Generating the Balance Sheet.

Generating the Statement of Cash Flows.

Identifying Your Work.

Labeling Your Disk.

Identifying a Folder.

Identifying Your Work Directly on a Peachtree Report.

Placing Your Name in the Header of the Report.

Adding Your Name to the Name of the Company.

Comprehensive Do It! Problem: Joan Robinson, Attor-ney at Law.

The Account.

The General Journal

Owner's Equity.

Revenues and Expenses.

The Chart of Accounts.

How Account Are Assigned Numbers.

Setting Up a New Account

The General Ledger.

Assets and Liabilities.

Account Types.

The Trial Balance and the Working Trial Balance.

Changing Accounting Periods.

Comprehensive Do It! Problem: Campus Laundromat.

Explanation and Walk-Through of the Installation of Peachtree Complete Accounting.

Installing the Student Data Set.

Course Content:

SESSION 1A.Peachtree Installationand Setup.

SESSION 1B. Accounting in General

SESSION 2 The Recording Process.

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Selecting an Accounting Time Period.

Fiscal and Calendar Years.

Introducing Pioneer Advertising Agency.

Basics of Adjusting Entries.

Supplies.

Prepaid Assets (Insurance and Rent)

Depreciation.

Unearned Revenue.

Accrued Revenues.

Accrued Expenses.

The Affect of Adjusting Entries.

Comprehensive Do It! Problem: Green Thumb Lawn Care Company.

Using a Worksheet.

The General Ledger Trial Balance.

The Working Trial Balance.

Working with the Excel Working Trial Balance.

Manually Closing the Books.

Auto Closing the Books.

Comprehensive Do It! Problem: Watson Answering Service

Merchandising Operations.

Perpetual Vs. Periodic Inventory, LIFO, FIFO, Average Cost.

Accounts Payable Defaults.

Entering Vendor Information.

Inventory Defaults.

Entering Inventory Information.

Accounts Receivable Defaults.

Entering Customer Information.

Buying Merchandise Inventory with a Purchase Order.

Receiving Merchandise Purchased with a Purchase Order.

Entering bills from Vendors.

Purchasing and Receiving Inventory –Accounts Payable.

Purchasing and Receiving Inventory – Cash.

Vendor Credit Memos.

Selling and Delivering Inventory – Accounts Receivable

Selling and Delivering Inventory – Cash.

Refunding a Sale on Accounts Receivable.

Refunding a Sale on Cash.

Entering Inventory Adjustments.

Multiple-Step Income Statement.

SESSION 3Adjusting the Accounts

SESSION 4 Completion of theAccounting Cycle

SESSION 5 Accounting forMerchandising Operations

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Advantages of Using the Peachtree Inventory System.

Cost Methods.

Average Cost.

Last In, First Out (LIFO) Inventory.

First In, Last Out (FIFO) Inventory.

Inventory Reports.

Comprehensive Do It! 2 Problem: Gerald D. Englehart Company.

Basic Concepts of Accounting Information Systems.

Manual Vs. Computerized Systems.

Subsidiary Ledgers and Peachtree Reports.

The Accounts Receivable Ledger.

The Accounts Payable Ledger.

Special Journals.

Sales/Invoice SCREEN.

The Receipts Journal.

The Purchases/Receive Inventory Journal.

The Cash Payments Journal

Internal Control.

Peachtree Reports that Aid in the Control of Cash.

Establishing the Petty Cash Fund.

Making Payments from the Petty Cash Fund.

Replenishing the Petty Cash Fund.

Reconciling the Bank Account.

Comprehensive Do It! Problem: Poorten Company

SESSION 6Inventories

SESSION 7AccountingInformation Systems

SESSION 8 Fraud, Internal Controland Cash

Types of Receivables.

Accounts Receivable.

Notes Receivable.

Other Receivables.

Recognizing Accounts Receivable.

Write Off of a Customer Bad Debt.

Allowance for Uncollectible Accounts.

Aged Receivables Report

Recovery of an Uncollectible Account.

Credit Card Sales.

Set Up Peachtree to Accept Credit Card Receipts.

Set Up a Credit Card Vendor for Customer Receipts.

Enter Customer Credit Card Receipts.

Notes Receivable.

Comprehensive Do It! Problem, Falcetto Company.

SESSION 9 Accounting forReceivables

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Setting Up a Plant Asset Account

Creating the Fixed Asset Account(s)

Making the Entry.

Recurring Transactions for Monthly Depreciation for

the Warehouse.

Revising Periodic Depreciation.

Retirement of Fixed Assets.

Comprehensive Do It! 2 Problem: Skyline Limousine Co.

Current Liabilities.

Journal Entries for Current Liabilities.

Setting Up Sales taxes.

Collecting Sales Taxes.

Unearned Revenues.

Recording a Contingent Liability.

Payroll Overview.

Navigation Aids Payroll.

Employees Defaults.

Setting Up an Employee.

Paying Employees.

Voiding Checks.

Payroll Reports.

Payroll Entries Using the General Journal.

Comprehensive Do It! Problem: Indian Jones Company.

Partnership Form of Organization.

Setting Up a Partnership in Peachtree.

SESSION 10Plant AssetsNatural Resourcesand Intangible Assets

SESSION 11Current Liabilities &Payroll Accounting

SESSION 12Accounting forPartnerships

The Corporate Form of Organization.

Retained Earnings.

The New Corporation.

Issuing Common Stock for Services or Noncash Assets.

Treasury Stock.

Preferred Stock.

Comprehensive Do It! Problem: Rolman Corporation.

SESSION 13 Corporations:Organization &Capital Stock Transactions

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Dividends.

Violations of Concepts – Must Read!

Peachtree Entries for Cash Dividends.

Peachtree Entries for Stock Dividends.

Comprehensive Do It! Problem: Hayslett Corporation

Bond Basics.

Bonds at Face Value.

Bonds at a Discount.

Bonds at a Premium.

Long-Term Notes Payable.

Comprehensive Do It! Problem: Synder Software Inc.

Peachtree Vs. the General Ledger package.

General Journal Transactions.

Editing a General Journal Entry.

Financial Statements

Generating the Income Statement.

Generating the Statement of Owner's Equity/Retained Earnings.

Generating the Balance Sheet.

Generating the Statement of Cash Flows

Why Corporations Invest.

Accounting for Debt Investments

SESSION 14Corporations:Dividends,Retained Earnings &Income Reporting

SESSION 15Long-term Liabilities

SESSION 16Investments

The Purpose of a Statement of Cash FlowsSESSION 17 The Statement ofCash Flow

SESSION 18-26 Using theGeneral Ledger

For more information:

Page 93: Zabeel Finance Academy

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

Page 94: Zabeel Finance Academy

AccountingSoftware

Who are the Beneficiary?

Course Material:

This intensive training program is designed for those who would like to develop career as

• Financial Accountant• Financial Controller• Financial Manager• Management Accountant• Chief Financial Officer etc.

in Training & Manufacturing companies, Engineering and Construction, Manufacturing and Industrial, Oil and Gas/Petrochemical, Education and Training, Retail, Financial Services, Information Technology, Automotive, Media Production, E-Business Enablers, Marketing and Sales etc

The student would be provided with lecture notes as handouts or books whichever is appropriate to the lecture. Recommended reference books or websites would be suggested to the students for further reading if the student needs a deeper understanding of the topics that are covered in the class.

Certification:Course Completion Certificate would be issued at the end of the training by Zabeel International. This certificate can get attested from Ministry of Education , UAE.

Page 95: Zabeel Finance Academy

AccountingSoftware

Course contents• FILE New Company Open Company Open Previous Company Easy Step Interview Close Company Switch to Multi-User Mode Back Up / Restore Select Import / Export Archive & Condense Data Utilities Accountant’s Review Print Forms /Printer Setup Send Forms Shipping Update QuickBooks Exit

• EDIT Undo /Revert Cut Copy /Paste Use Register Use Calculator Simple Find Preferences

• VIEW Open Window List Icon Bar Customize Icon Bar Shortcut List One Window Multiple Window Customize Desktop

• LIST Chart of Accounts Items List Fixed Assets Item List Price Level List Payroll Item List Customer Job List Vendor Job List Employee List Other names List Customer & Vendor Profile Templates Memorize Transaction List

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AccountingSoftware

• COMPANY Company Navigator Business Service Centre Company Centre Company Information Setup Users… Change Your Password… Modify Service Access… Advanced Service Adminis- tration Planning & Budgeting To do List /Reminder Alerts Manager Chart of Accounts General Journal Entries… Write Letter /Print Labels Synchronize Contracts Company Web site Company Services

• CUSTOMERS Customer Navigator Customer Centre Customer Detail Centre Go to Customer Manager Create Invoices Enter Sales Receipts Create Estimates Create Credit Memo/ Refunds

Enter Statement Charges Create Statements Assess Finance Charges Review Payment Accept Credit Card Payment Customer: Job List Item List Charge Item Prices Billing Solutions Check Credit /Customer Services

• VENDORS Vendor Navigator Vendor Detail Centre Enter Bills /Pay Bills Create Purchase Order Receive Item & Enter Bills Receive Items Enter Bills for Received Items Inventory Activities Print 1099s/1096 Vendor List Item List Purchase Order List Vendor Services

Page 97: Zabeel Finance Academy

AccountingSoftware

• EMPLOYEES Employee Navigator Pay Employee Edit/Void Pay Checks… Process Payroll Liability Process Payroll Forms Run Payroll Checkup Payroll Services Employee Organizer Get Updates Employee List Payroll Item List Employee Services

• BANKING Banking Navigator Write Checks Order Checks Use Register Make Deposits Transfer Funds Record Credit Card Charges Loan Manager Reconcile Make General Journal Entries Set up Online Financial Services Online Banking Center Chart Of Accounts

Other Names List Memorized Transaction List Banking Services

• REPORTS Report Finder Memorized Reports Process Multiple Reports Company & Financial Customer & Receivables Sales Job, Time & Mileage Vendors & Payables Purchases Inventory Employees & Payroll Banking Accountant & Taxes Budgets List Customer Summary Report Customer Transaction Detail Report Transaction History Transaction Journals

Page 98: Zabeel Finance Academy

Zabeel AdvantageZabeel Institute, established in 1988, is a leading Educational and Train-ing Institute for executives in Dubai and is accredited by the Ministry of Education, UAE. We offer training programs to professionals from various industries like Administration, Engineering, Construction, Projects, Accounts and Finance, Management and Languages etc.

• Over 25 years experience in training Professional Executives

• Achiever of many QUALITY AWARDS for training from 1988 till date

• Qualified & Certified Trainers

• Sophisticated Lab with High end machines & Licensed software

• Certificates attested by the Ministry of Education, UAE

• Vast resource materials for reference and course materials

• Free online support for further assistance

• Free follow up orientation seminars, workshops and placement assistance

AccountingSoftware

Bur Dubai | Karama | Al Qusais | Deira | Knowledge Village | Abu Dhabi | Sharjah | RAK

600 52 4448Email : [email protected] : www.zabeelinstitute.ae

Suite # 207, Apsara Super Market Building, Bank Street, Bur Dubai, Dubai, United Arab Emirates

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

Page 99: Zabeel Finance Academy

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

Page 100: Zabeel Finance Academy

Who are the Beneficiary?

Course Material:

This intensive training program is designed for those who would like to develop career as

• Financial Accountant• Financial Controller• Financial Manager• Management Accountant• Chief Financial Officer etc.

in Training & Manufacturing companies, Engineering and Construction, Manufacturing and Industrial, Oil and Gas/Petrochemical, Education and Training, Retail, Financial Services, Information Technology, Automotive, Media Production, E-Business Enablers, Marketing and Sales etc

The student would be provided with lecture notes as handouts or books whichever is appropriate to the lecture. Recommended reference books or websites would be suggested to the students for further reading if the student needs a deeper understanding of the topics that are covered in the class.

Certification:Course Completion Certificate would be issued at the end of the training by Zabeel International. This certificate can get attested from Ministry of Education , UAE.

AccountingSoftware

Page 101: Zabeel Finance Academy

Concurrent Multi-lingual Capability – allows you to expand your business beyond geographical boundaries without worrying about language barriers. You can maintain your accounts in one language, and send invoices to your customers in yet another language, all at the press of a button.

Payroll – lets you automate the management of your employee records including visa and employment contract management. This feature also offers auto-matic calculation of salaries and pay slip generation.

Job Costing – enables you to generate profitability statements for each project executed, including finan-cial and material resource apportionments, wherever applicable.

POS Invoicing – allows faster data entry and printing on 40 column continuous stationery. It also provides barcode support.

Flexible Financial Periods – allows you to break away from inflexible accounting years and perform all accounting functions in Tally for time-periods that suit your convenience.

Unlimited Companies – allows you to create and maintain up to 99,999 companies, concurrently.

Data Synchronization – helps you synchronize and update data across multiple locations. This enables fast and easy exchange of business information, between offices and branches, across various geographies.

Consolidation of Companies – enables grouping of companies and provides consolidated reports. Changes done in any constituent or branch company are auto-matically updated in the grouped information.

Unlimited Levels of Classification – facilitates ledger classification and re-classification as required. It also enables easy viewing and analysis of information; thus helping you make informed decisions.

Advanced MIS – helps you compare information in order to understand and analyses performance levels for various periods or divisions. It helps you study and understand the buying patterns of customers, so that you can channel your resources to specific segments, periods or customers. It also helps you analyses cash flow situations.

Drill Down Facility – helps you drill down or instantly update from any report – starting from the Balance Sheet down to Vouchers, or vice versa.

Course Content:

General FeaturesTally (9.0)

Page 102: Zabeel Finance Academy

Accounting without CODES – lets you define unlim-ited levels of classification, with regular names (no more inconvenient account codes), so that you can manage the most complex ledgers with ease.

Unified Ledgers – – integrates your general, sales and purchase ledgers into a single ledger, organized in groups, for easy management.

Complete Book keeping – enables you to record all types of transactions including receipts, payments, income and expenses, sales and purchases, debit notes, credit notes, adjustment journals, memorandum journals and reversing journals. Transaction data entry through unique voucher entry is easy and flexible to configure, for diverse types of transactions.

Comprehensive Accounting – lets you instantly obtain your balance sheets, profit & loss statements, cash and funds flows, trial balances, and others.

Multi-currency Accounting – offers you flexibility of multiple currencies in the same transaction and allows viewing of all reports in one or more currency. Tally meets the fundamental criteria set out for EMU handling.

Receivables and Payables – enables you to:Dynamically allocate payments against invoices with reference to due datesGet reports that are classified, grouped, and aged to your definitionsGenerate customisable reminders, for overdues

Payment Performance of Debtors – helps you identify troublesome debtors and persistent late payers, thereby helping you take the right decision.

Ratio Analysis – offers you a bird’s eye view of your company, through a single sheet performance analysis, based on a range of key performance ratios.

Generate Quotations, Orders, Invoice, Voucher and Cheque Printing –ensures real-time linking of accounts and inventory besides enabling instantaneous generation of documents, which can either be printed or mailed directly to the recipient.

Budgeting – gives you unlimited budgets and periods. For example, original and revised budgets.

Security Control – enables you to define security levels for access control.

Powerful Audit Capabilities – allows you to track mollified changes, while making genuine corrections with unparalleled ease.

Course Content:

Accounting Features

Tally (9.0)

Page 103: Zabeel Finance Academy

"Scenario" Management – helps you with your business forecasting and planning. You can use option-al, reversing journals and memorandum vouchers, to aid in recording provisional entries that are useful for interim reports. For example, you can use optional vouchers to record provisional sales and compare with actuals. You can also prepare reports that include provi-sional figures, without affecting actual accounts, by using automatic reversing journals.

Unlimited Cost/Profit Centres with Power Project Oriented Reporting – gives you multi-dimensional analysis and comparatives, with an unlimited classifica-tion of analysis criteria.

Interest Calculation – enables you to calculate inter-est on dues, loans etc., based on certain set criteria or specified dates and time periods. You can also custom-ize the calculation of interest to change after a certain time period, or based on other pre-defined conditions.

Multi-Location Stock Control – helps you manage simple single-location, or complex multi-location stocks, with unlimited classification systems for your items, and your own units of measure.

Multiple-Location Warehouse Management – helps you track stock movement; allowing you to decide which warehouse to ship from depending on stock position.

Flexible Units of Measure – helps you track stock, irrespective of the units of measure. For example, when you buy in tons and sell in kilograms or buy in crates and sell as pieces.

Comprehensive Recording of Stock Movement – lets you comprehensively record all sorts of inventory transactions, using the inventory voucher forms. Vouchers include goods receipt notes, delivery notes, stock journals, manufacturing journals and physical stock journals. All stock movements are fully recorded and maintained in stock registers.

Varieties of Management Reports – gives you party-wise details of goods bought and sold and helps you identify customer buying patterns, through move-ment analysis. Stock query is a unique single sheet report that gives you information on stocks at different locations, as well as stock in hand of substitutes.

Stock Ageing – identifies stocks based on age, thus helping you to dispose of old stocks quickly.

Batch-Related Stock Reports – helps you exercise stock control at the level of batches, by generating reports such as ‘batch-wise’ reports and ‘expiry date’ based details.

Course Content:

Inventory Features

Tally (9.0)

Page 104: Zabeel Finance Academy

Comprehensive Order Status Reports – ensures that you stay on top of your stocks order position. You can also specify re-order levels in absolute quantities, or based on previous consumption.

Sales & Purchase Orders – enables you to record orders with a complete cycle of recording and alloca-tion through inventory deliveries, invoicing and accounting - maintaining the trail right through. Single sheet reports give you details of current stocks, orders due for delivery, orders due for receipt, or shortfalls, if any. You can also get party-wise or item-wise details of orders outstanding and/or fulfilled.

Invoicing – allows you to print, export, e-mail or publish sales invoices that are produced, directly from Tally. This comprehensive invoicing system allows flexible handling of charges and taxes. You can choose from different invoice formats and adopt them as your own, or have a completely different layout designed.

Multiple Stock Valuations – allows you to choose from different types of valuation methods, including ‘First in First out’, ‘Age Cost’, ‘Last in Last out’, ‘Stan-dard’, among others.

Reorder Levels – allows for user-defined Reorder levels for any given period thus helping you avoid excess stocking of items while ensuring that you don’t run out of essential stock.

Multiple Price Levels – allows you to pre-define item rates for specific categories of customers, enabling faster and error-free invoicing and data entry.

Our Accreditations:

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

For more information:

Page 105: Zabeel Finance Academy

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

Professional certificate in I N V E S T M E N T AND PORTFOLIOM A N AG E M E N T

Page 106: Zabeel Finance Academy

IntroductionMany people consider investing to be a daunting activi-ty. They are bewildered by the profusion and prolifera-tion of investment alternatives, rattled by the fluctua-tions in financial prices, overwhelmed by the pres-ence of mighty institutional investors, confounded by exotic instruments and complicated investment strate-gies, confused by the intricacies of the tax system and exasperated by the financial scams that periodically rock the market.

Not with standing these concerns, investing can be a fairly manageable, rewarding, and enjoyable, experi-ence, if you adhere to certain principles and guide-lines. This course is based on the premise that an intel-ligent lay investor does not suffer any handicap vis-à-vis sophisticated professionals. As Warren Buffett, arguably the most successful investor of our times, writes, “To invest successfully over a lifetime does not require a stratospheric IQ unusual business insights, or inside information. What’s needed is a sound intellectual framework for making a decision and the ability to keep emotions from corroding that framework. This course seeks to discuss the intellectu-al framework for decision making.

Who should attend : This intensive seminar is designed to all those who associate with financial planning, investment Banking, Selling or wish to sell mutual funds. This course will also useful to those who wish to build their career in inancial industry.

Course CoverageModule 1 Introduction of portfolio Management

Module 2 Basic concepts and Methods

Module 3 Equities, Mutual funds and F&O Market

Module 4 Bonds and fixed income securities

Module 5 Portfolio Management

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Learn How To Describe the characteristics of various investment alternatives available to investors

Discuss how the securities market functions

Explain how financial derivatives like future and options works

Sensitises the student to the pitfalls in the invest- ment game

Learn about mutual funds, equities, financial markets and other investment related terms.

Offers a set of guidelines for investors with

Presents a framework for portfolio management

About the Course InstructorThe instructor is a qualified professional and having an experience of more than 9 years in Banking and invest-ment. He has worked in various departments like mortgages, Investments and Retail Banking. He is a MBA in Marketing and holds a PhD degree in Business Management.

Prerequisites:It would be ideal if you have any one or all of the below mentioned criteria.

an appropriate working knowledge in financial industry or catering to customer’s financial needs

A Bachelor's degree

Course Material:To support the lectures, the faculty would be using PowerPoint Slides or projectors and /or lecture notes as the course goes on.

The student would be provided with lecture notes as handouts or books which ever is appropriate to the lecture.

Recommended reference books or websites would be suggested to the students for further reading if the student needs a deeper understanding of the topics that are covered in the class.

Page 108: Zabeel Finance Academy

AssessmentPerformance Evaluation methods:-

The assessment methods are internally marked.

The method of continual assessment ensures that your instructor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

The assessment is a continues process and can be in the form of a written or oral assignment or task , busi-ness style reports, case studies, observations etc

The award is graded as A, B, C, D

A – Excellent B – Good

C – Satisfactory D – Needs Improvement

Collection of Certificates:The processing period for the certificates is 2 weeks for the certificate attested by the ministry of educa-tion, UAE

The processing period for the certification from UK is for one month and the Certificate can be collected after one month from the study centre (Zabeel Insti-tute)

Course Delivery Pattern:The delivery of this training is via a short course to gain an understanding of the learner’s role, the impor-tance of their contribution to the management. Learn-ers will identify the likely Administration and manage-

ment terms and definitions that they will encounter on a day to day basis within this role. The training can be delivered using standard training methods, such as: Power point, stand up training sessions, face to face teaching etc.

Documents Requirement:The candidates are requested to produce the follow-ing document (copy only) before the admission veri-fication team, only if you are applying for the UK Diploma.

Page 109: Zabeel Finance Academy

1 The passport copy/ national id card

2 Photographs (3 copies)

3 Previous qualification certificate

4 Previous work experience certificate

Course Outline

Module 1 :Introduction of portfolio Management

A broad map of the territory

Investment Alternatives

How do various investment Avenues compare?

Investment versus Speculation

Financial Markets

Module 2 :Basic concepts and Methods

1. Risk and Return: Two Sides of the investment Coin

2. The Time Value of Money: The Magic of Compounding

3. Financial Statement: The information Maze

Risk

Return

Measuring Historical Returns

Measuring Historical Risk

Measuring Expected Return and Risk

Future Value

Present Value

Financial Ratio

Module 3 :Equities, Mutual funds and F&O Market

Equity Shares

Participants in the securities Market

Primary Equity Market

Secondary Equity Market

Buying and selling Shares

Page 110: Zabeel Finance Academy

Stock Market Quotations & stock Market Indices

Investment orientation of Mutual Funds Schemes

Open-Ended Schemes Versus Closed-Ended Schemes

Costs of Investment in a Mutual Fund

Pros, Cons, and the Choice

How Options Work

Basics of Future contracts

Module 4 :Bonds and fixed income securities

Money Market Instruments

Bonds or Fixed Income Securities

Bond Prices

Bond Yields

Risk in Bonds

Ratings of Bonds

Module 5 :Portfolio Management

1. Portfolio Management Process

2. The Benefits of Diversification

3. Specification of Investment Objectives

4. Selection of Asset Mix

5. Formulation of Portfolio Strategy

6. Portfolio Revision

7. Performance Evaluation

Page 111: Zabeel Finance Academy

About Zabeel International Zabeel Institute, established in 1988, is a leading Educational and Training Institute for executives in Dubai & is accredited by the Ministry of Education, UAE. We offer training programs to professionals from various industries like Administration, Engineering, Construction, Projects, Accounts and Finance, Management and Languages etc.

Zabeel International Advantage Over 25 Years Experience in training Professional Executives

Achiever of many QUALITY AWARDS for training from 1988 till date

Qualified and Certified Trainers

Sophisticated Lab with High end machines and Licensed software

Certificates attested by the Ministry of Education, UAE

Vast resource materials for reference & course materials

Free online support for further assistance

Free follow up orientation seminars, workshops and placement assistance

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

Bur Dubai | Karama | Al Qusais | Deira | Knowledge Village | Abu Dhabi | Sharjah | RAK

600 52 4448Suite # 207, Apsara Super Market Building, Bank Street, Bur Dubai, Dubai, UAE.

Email : [email protected] : www.zabeelinstitute.ae

Page 112: Zabeel Finance Academy

CertIFRCertificate in International

Financial Reporting

DiplIFRDiploma in International

Financial Reporting

IFRS

Page 113: Zabeel Finance Academy

InternationalFinancial Reporting

Eligibility forCertification:

Since the formation of the International Accounting Standards Board (IASB) in 2001, the harmonization of financial reporting has become an important driving force for accounting, economic and political reform in many parts of the world.

Convergence of financial reporting standards has consid-erable benefits to preparers of accounts, for listed com-panies, investors, multinational business and the global economy.

Reducing the barriers to multinational investing and promoting a more efficient and transparent capital market requires the adoption of a robust set of princi-ples based financial reporting standards, broadly accept-ed and supported by the wider international accounting and investing community.

Since 2005 all listed companies in the European Union (EU) have been required to prepare consolidated com-pany accounts in compliance with international financial reporting standards (IFRS). In many other parts of the world there is an increased acceleration towards adop-tion of IFRS or for the harmonization of national accounting standards with IFRS. Furthermore IFRS is the basis for the accounting treatments prescribed within the IFRS for Small, Medium Entities. The Certificate in International Financial Reporting (CertIFR) is an ideal qualification to help you develop an understanding of IFRS or gain formal recognition for and update your existing IFRS skills and knowledge. The material is updated each year and therefore includes:

• The latest accounting standards updates and releases • An outline of the work programmes and hence plans for development of accounting regulation

The course and assessment are a cost effective and flexible, CertIFR provides a comprehensive introduction and update to the principles of IFRS and is delivered entirely online.

Studying for a further qualification can count towards your continuing professional development (CPD) as long as the qualification is relevant to your learning and development needs. This qualification can provide ACCA members with almost a whole year of verifiable CPD if the course and assessment is completed and passed, which is a cost effective way to meet your annual CPD requirements.

The course materials and assessment for the Certificate in International Financial Reporting are available togeth-er for £210 or can be purchased separately at a cost of £115 each.

ACCA members receive a discount for the Certificate. The course materials and assessment are available together for £168 or can be purchased separately at a cost of £92 each. The discount will be applied automati-cally when members register online with a valid credit or debit card and enter their ACCA membership number.

IFRS Training( Ministry Certificate)

Cert IFR DiplIFR

Applicable to anybody

You do not need to have any experience or formal qualifica-tions in accounting and auditing to apply for this certifi-cate.

3 yr experi-ence or Degree + 2yr experience orCertIFR + 2 yr experience

Page 114: Zabeel Finance Academy

Certificate inInternationalFinancial Reporting

CertIFR-Overview and objectives

Course overview

CertIFR offers a comprehensive introduction and updates to the field of International Financial Reporting and International Financial Reporting Standards, tracing the history of the International Accounting Standards Board (IASB) from its early roots through to the recent changes and future developments. Structured in a read-able and user-friendly format, the course distils key information into easy-to-digest bullet points, provides useful summaries and examines, topic-by-topic, specific standards. Frequently asked questions and answers expand on the points covered, while case studies are based on real-life examples. In addition a large number of exercises, multiple-choice questions and sample answers enable you to confidently test your knowledge and guide you as you progress through the course.

Primary course objectives:• To help you understand how International Financial Reporting Standards (IFRS) are used around the world • To explain the workings of the IFRSF/IASB and how these are being changed • To examine the fundamental requirements of IFRS on a standard-by-standard basis for the benefit of preparers, auditors and users of financial statements • To provide guidance on how to use IFRS in practice with the aid of questions, cases and exercises

Exam Pattern & Dates

You must pass the one-hour multiple-choice assessment which is online. The pass mark is 50 per cent. If you fail, you are allowed two attempts to re-sit this assessment. All attempts at the assessment must be within three months of access to the online course. If you fail after three attempts at the assessment, you will need to pay a further registration fee and will be offered another three attempts to pass the assessment.

Page 115: Zabeel Finance Academy

Syllabus & Assessment updates

Information on Syllabus & Materials Updates and Assessment

ACCA reserves the right to examine anything contained within the syllabus of the Certificate. This includes knowledge, techniques, principles, theories, and concepts as specified in the syllabus and in the examina-ble documents contained within the syllabuses

For the Certificates in International Financial Reporting and International Auditing Standards ACCA updates the materials and the syallabus, including the examinable documents once a year to indicate exactly what regula-tions and legislation could potentially be assessed. The updated syllabuses, examinable documents, materials and assessments are uploaded on the ACCA website in or around January 1st each year.

Regulation issued or legislation passed on or before 30th September annually, will be assessed within the certifi-cates from early in January until December 31st of the following year.

Regulation issued or legislation passed in accordance with the above dates may be examinable even if the effective date is in the future. The term issued or passed relates to when regulation or legislation has been formally approved.

The term effective relates to when regulation or legisla-tion must be applied to entity transactions and business practices.

The syllabus and materials offer more detailed guidance on the depth and level at which examinable documents will be assessed. The study guide should therefore be read in conjunction with the syllabus and the examina-ble documents listed within the relevant syllabus.

Eligibility

The target audience is professional accountants and auditors, qualified in accordance with their national accounting standards. However, it is possible for those with experience, but no formal qualifications in account-ing and auditing to register for this Certificate

FAQs

1. What is the target¬ audience for the Certificate in International Financial Reporting? The target audience is professional accountants and auditors, qualified in accordance with their national accounting standards. However, it is possible for those with experience, but no formal qualifications in account-ing and auditing to register for this Certificate.

2. When can I register?Students can register online at any time throughout the year – there are no closing dates.

3. How can I pay for the Certificate in International Financial Reporting? The current method of payment for the online courses is by credit or debit card.

4. How is the course assessed? It is assessed by online multiple-choice assessment. It is only possible for candidates to take the multiple-choice assessment online and marking is also administered and conducted electronically. The score for the assessment will be available on screen for the candidate immediately after taking the assessment.

5. Do I need to attend an exam centre to sit the assess-ment? No, the assessment is sat online. As long as you have access to a computer then you can sit the assessment anywhere.

6. How many attempts do I have at the assessment?Each student has three attempts. If a student fails all three attempts at the assessment, they will be required to pay a further registration fee and will be given anoth-er three attempts to pass the assessment. All attempts at the assessment must be conducted within the three months of access to the online course. Students may repeat their assessment immediately if they wish. However, they are strongly advised to leave sufficient time before a re-test in order to review the course and to consolidate their learning.

7. How long is the assessment? The assessment is one hour long and there are 25 multi-ple choice questions.

8. What is the pass mark? The pass mark is 50%.

Page 116: Zabeel Finance Academy

How to register

Individuals: You can register for the Certificate in Inter-national Financial Reporting online, either for the course and assessment together, or register for just the course or assessment only.

CertIFR Syllabus

1. The nature and operations of the IASB -Structure of the IFRSF/IASB -Extant standards of the IASB -The framework 2. The status and use of IFRSs around the world -The use of IFRS around the world -The IASB roadmap -The annual IASB bound volume and its use

3. Presentation and profit -IAS 1, Presentation of financial statements -IAS 18, Revenue -IAS 8, Accounting policies, changes in accounting estimates and errors

4. Asset recognition and measurement -IAS 16, Property, plant and equipment -IAS 38, Intangible assets -IAS 40, Investment Property -IAS 36, Impairment of assets -IAS 23, Borrowing costs -IAS 20, Accounting for government grants and disclosure of government assistance -IAS 2, Inventories -IAS 11, Construction contracts -IAS 17, Leases

-IAS 32, Financial instruments - presentation -IAS 39, Financial instruments - recognition and measurement -IFRS 9 Financial instruments -IAS 41, Agriculture -IFRS 7, Financial instruments: disclosures -IFRS 6, Exploration for and evaluation of mineral resources -IFRS 5, Non-current assets held for sale and discontinued operations

5. Accounting for liabilities -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

6. Group accounting -IAS 27, Consolidated financial statements and accounting for investment in subsidiaries -IFRS 3 Business Combinations -IAS 28, Accounting for investments in associates -IAS 31, Joint ventures -IAS 21, The effects of changes in foreign exchange rates -IAS 29, Financial reporting in hyperinflationary economies

7. Disclosure standards -IAS 7, Statement of cash flows -IAS 24, Related party disclosures -IAS 33, Earnings per share -IAS 34, Interim financial reporting -IFRS 4, Insurance contracts -IFRS 1, First time adoption of IFRS -IFRS 8, Operating segments

8. Principal differences between key national GAAP and IFRS 9. Proposals for change

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Diploma inInternationalFinancial Reporting

DiplIFR-Overview and objectives

Course objectives

• To help you understand how International Financial Reporting Standards (IFRS) are used around the world • To explain the workings of the IFRSF/IASB and how these are being changed • To examine the fundamental requirements of IFRS on a standard-by-standard basis for the benefit of preparers, auditors and users of financial statements • To provide guidance on how to use IFRS in practice with the aid of questions, cases and exercises.

On completion of the Diploma candidates should be able to:• Understand and explain the structure of the frame-work of international accounting• Apply relevant financial reporting standards to key elements of financial reports• Identify and apply disclosure requirements for compa-nies in financial reports and notes• Prepare group financial statements (excluding group cash-flow statements) including subsidiaries, associates and joint ventures.

Eligibility

If you are a professional accountant or auditor who works in practice or business, and are qualified accord-ing to national accounting standards, then you are eligible to take this ACCA financial reporting qualifica-tion.

If you are working in practice, but not yet qualified, then you may still be eligible. You will need to prove that you have one of the following:

1. Three years' relevant accounting experience (by submitting a letter from your employer)2. A relevant degree plus two years' work experience3. An ACCA Certificate in International Financial Report ing plus two years' work experience.

Exam Pattern & Dates

Exams

The Diploma in International Financial Reporting (DipI-FR) is assessed by a single three-hour written exam. You will need to achieve a 50 per cent mark or above to com-plete the paper. The exam is held twice a year - in June and December at ACCA's exam centres. Please see below for the exam dates are 11 June 2013 & 10 December 2013

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Eligibility

If you are a professional accountant or auditor who works in practice or business, and are qualified accord-ing to national accounting standards, then you are eligible to take this ACCA financial reporting qualifica-tion.

If you are working in practice, but not yet qualified, then you may still be eligible. You will need to prove that you have one of the following:

1. Three years' relevant accounting experience (by submitting a letter from your employer)2. A relevant degree plus two years' work experience3. An ACCA Certificate in International Financial Report ing plus two years' work experience.

Exam Pattern & Dates

Exams

The Diploma in International Financial Reporting (DipI-FR) is assessed by a single three-hour written exam. You will need to achieve a 50 per cent mark or above to com-plete the paper. The exam is held twice a year - in June and December at ACCA's exam centres. Please see below for the exam dates are 11 June 2013 & 10 December 2013

The Syllabus

A. International sources of authority1) The International Accounting Standards Board (IASB) and the regulatory framework

B. Elements of financial statements1) Revenue recognition2) Property, plant and equipment3) Impairment of assets4) Leases5) Intangible assets and goodwill6) Inventories and construction contracts7) Financial instruments8) Liabilities – provisions, contingent assets and liabilities9) Accounting for employment and postemployment benefits10) Taxation in financial statements11) The effects of changes in foreign currency exchange rates12) Agriculture13) Share-based payment14) Exploration and evaluation expenditures

C. Presentation and additional disclosures1) Presentation of the statement of financial position, income statement and statement of comprehensive income 2) Earnings per share3) Events after the reporting date4) Accounting policies, changes in accounting estimates and errors5) Related party disclosures6) Operating segments7) Reporting requirements of small and medium sized entities (SMEs)

D. Preparation of external financial reports for combined entities,associates and joint ventures1) Preparation of group consolidated external reports2) Business combinations – intra-group adjustments3) Business combinations – fair value adjustments4) Business combinations – associates and joint ventures

Examinable documents

A list of examinable documents for the Diploma in Inter-national Financial Reporting (DipIFR) is issued by ACCA once a year. The current list of examinable documents is available below.You will need to have knowledge of new examinable regulations issued by 30 September each year, as you will be examined on them the following calendar year*. You may still be examined on these documents even if the effective date is in the future.The study guide details the depth and level at which you will be examined on these documents. Download the study guide from the Related documents section at the bottom of the page.*For example, June 2011 and December 2011 will be based on examinable regulation issued by 30 September 2010.

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About Zabeel InstituteZabeel Institute established in 1988, is a leading education and Training institute for executives working in Dubai and is

accredited by Ministry of education, Dubai. We offer Training Programs to professionals from various industries like adminis-

tration, Engineering, Constructions, Projects, Finance & Accounts and Management, Languages etc.

The Zabeel Advantage• 25 Years Experience in training Professional executives

• Achiever of many Quality Awards for training from 1988 till date.

• Qualified & certified trainers.

• Sophisticated Lab with High End machines and Licensed Softwares.

• Certificate attested by Ministry by MoE, UAE

• Vats Resource of materials for reference and course.

• Free online Support & further Assistance

Our Accreditations:

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

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FINANCIAL MANAGEMENT

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FINANCIAL MANAGEMENT

COURSE CONTENT:

Financial Management will present the necessary tools required to objectively approach and solve financial problems. The course facilitates the student's ability to synthesize and incorporate the presented tools as well as other academic and profes-sional experiences into a standard yet flexible model for solving financial management problems. This course will discuss and teach the tools required to objectively make: capital budgeting, capital structure and working capital decisions. Through case studies, lectures, videos, readings and exams, students learn the basic concepts and how to apply them in financial decision making.

Learning Objectives: Upon completion of this course, the student will be able to:

1. Integrate the basics of the financial environment with the fiduciary terrain. 2. Discuss discounted cash flow valuation models, capital budgeting, pro forma statements and forecasting. 3. Benchmark stock and bond valuation as well as apply the standards of scenario and sensitivity analysis. 4. Differentiate between short and long term funding sources and working capital management.

A. Financial management function 1. The nature and purpose of financial management 2. Financial objectives and relationship with corporate strategy 3. Stakeholders and impact on corporate objectives 4. Financial and other objectives in not-for-profit organizations

B. Financial management environment 1. The economic environment for business 2. The nature and role of financial markets and institutions

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C. Working capital management 1. The nature, elements and importance of working capital 2. Management of inventories, accounts receivable, accounts payable and cash 3. Determining working capital needs and funding strategies

D. Investment appraisal 1.The nature on investment decisions and the appraisal process 2.Non-discounted cash flow technique 3.Discounted cash flow (DCF) techniques 4.Allowing for inflation and taxation in DCF 5.Adjusting for risk and uncertainty in investment appraisal 6.Specific investment decisions (lease or buy; asset replacement, capital rationing)

E. Business finance 1.Sources of raising short-term finance 2.Sources of raising long-term finance 3.Raising short and long term finance through Islamic financing 4.Internal sources of finance and dividend policy 5.Gearing and capital structures considerations 6.Finance for small and medium –size entities (SME’s)

F. Cost of Capital 1.Sources of finance and their relative costs 2.Estimating the cost of equity 3.Estimating the cost of debt and other capital instruments 4.Estimating the overall cost of capital 5.Capital structure theories and practical considerations 6.Impact of cost capital on investments

G. Business valuations 1.Nature and purpose of the valuation of business and financial assets 2.Models for the valuation of shares 3.The valuation of debt and other financial assets 4.Efficient market hypothesis (EM) and practical considerations in the valuation of shares.

H. Risk management 1.The nature and types of risk and approaches to risk management 2.Causes of exchange rate differences and interest ate fluctuations 3.Hedging techniques for foreign currency risk 4.Hedging techniques for interest rate risk

Our Accreditations:

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

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UNITED ARAB EMIRATESMINISTRY OF EDUCATION

CERTIFIED CORPORATEFINANCEMANAGER

CCFMCertified CorporateFinance Manager

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Financial ManagementWho are the Beneficiary

This intensive training program is designed for those who would like to develop career as

• Financial Analyst • Chief Accountant

• Accounts executive • Financial Controller

• Financial Manager • Management Accountant

Chief Financial Officer et. in Training & Manufacturing companies, Engineering & Construction, Manufac-turing and Industrial, Oil and Gas/Petrochemical, Education and Training, Retail, Financial Services, Infor-mation Technology, Automotive, Media Production, E-Business Enablers, Marketing and Sales et

Certification

CCFM “Certified Corporate Finance Manager”, awarded by the AIBM, USA (American Institute of Business and Management)

Course MaterialLectures, case studies, exercises and tutorials, led by the lectures, are supported by private study and work assignments. Participants also complete a significant project/dissertation

To support the lectures, the faculty would be using PowerPoint Slides, Audio, video or projectors and /or lecture notes as the course goes on.

The student would be provided with lecture notes as handouts or books which ever is appropriate to the lecture.

Recommended reference books or websites would be suggested to the students for further reading if the student needs a deeper understanding of the topics that are covered in the class.

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Course CoverageCCFM (Certified Corporate Finance Manager)

Module 1 Financial Accounting F3

Module 2 Management Accounting F2

Module 3 Financial Analysis & Reporting F7

AssessmentPerformance Evaluation methods:

The assessment methods are Internally marked.

After each lesson there will be assessments. This method of continual assessment ensures that your instructor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

The assessment is a continues process and can be in the form of a written or oral assignment or task, business style reports, case studies, observations et

The award is graded as A, B, C, D

A – Excellent B – Good C – Satisfactory D – Needs Improvement

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Collection of CertificatesThe processing period for the certificates is 2 weeks for the certificate attested by the ministry of education, UAE

The processing period for the AIBM is two months and the Certificate can be collected after two months from the study centre ( Zabeel International).

Course Delivery PatternThe delivery of this training is via a short course to gain an understanding of the learner’s role, the importance of their contribution to the management. Learners will identify the likely Administration and management terms and definitions that they will encounter on a day to day basis within this role. The training can be delivered using standard training methods, such as: Power point, stand up training s, face to face teaching et.

Course Coverage (Core Modules)Financial Accounting for Beginners

1 Introduction to Financial Accounting

2 Property and Property Rights

3 Debits and Credits

4 Recording Business Transactions

5 The General Ledger and Journals

6 The Journal and Nominal Ledger

7 Trial Balance, Annual Statements

8 How to Prepare Balance Sheet

9 Financial Statements

A. The content and purpose of financial reporting 1. The scope and purpose of financial statements for external reporting

2. User’s and stakeholders needs.

3. The main element of financial reports

4. The regulatory framework (legislation and regulation, reasons and limitations, relevance of accounting standards)

5. Duties and responsibilities of those charged with governance

B. The qualitative characteristics of financial information 1. The qualitative characteristics of financial information

CCFM- Module 1- FINANCIAL ACCOUNTING

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C. The use of double-entry and accounting systems 1. Double-entry book-keeping principles including the maintenance of accounting records and sources of accounting information. 2. Ledger accounts books of prime entry and journals.

D. Recording transactions and events 1. Sales and purchases 2. Cash 3. Inventory 4. Tangible non-current assets. 5. Depreciation 6. Intangible non-current assets & amortization 7. Accrual and repayments 8. Receivables and payables 9. Provisions and contingencies 10. Capital structure and finance costs

E. Preparing a trial balance 1. Trial balance 2. Correction of errors 3. Control accounts and reconciliations 4. Bank reconciliations 5. Suspense accounts

F. Preparing basic financial statements 1. Statements of financial position 2. Income statements and statements of comprehensive income 3. Disclosure notes 4. Events after the reporting periods 5. Statements of cash flows (excluding partnerships) 6. Incomplete records.

G. Preparing simple consolidated financial statements. 1. Subsidiaries 2. Associates

H. Interpretation of financial statements 1. Importance and purpose of analysis of financial statements 2. Ratios 3. Analysis of financial statements

CCFM- Module 2- MANAGEMENT ACCOUNTINGA. The nature, source and purpose of management information 1. Accounting for management 2. Sources of data

3. Cost classification 4. Presenting information

B. Cost accounting principles and methods 1. Accounting for materials, labor & overheads

2. Absorption and marginal costing

3. Cost accounting methods

4. Alternative cost accounting principles

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C. Budgeting 1. Nature and purpose of budgeting

2. Statistical techniques

3. Functional budgets

4. Flexible budgets

5. Capital budgeting and discounted cash flow

6. Budgetary control and reporting

7. Behavioural aspects of budgeting

D. Standard costing 1. Standard costing system

2. Variance calculations and analysis

E. Performance measurement 1. Performance measurement-overview

2. Performance measurement-application

3. Cost reductions and value enhancement

4. Monitoring performance and reporting

CCFM- Module 3- FINANCIAL REPORTINGA. A conceptual framework for financial reporting 1. The need for a conceptual framework

2. Understandability, relevance, reliability and comparability

3. Recognition and measurement

4. The legal versus the commercial view of accounting

5. Alternative models and practices

6. The concept of “faithful representation” (‘true and fair view’)

B. A regulatory framework for financial reporting 1. Reasons for the existence of a regulatory framework

2. The standard setting process

3. Specialized, not-for-profit, and public sector entities

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C. Financial statements 1. Statement of cash flows

2. Tangible non-current assets

3. Intangible assets

4. Inventory

5. Financial assets and financial liabilities

6. Leases

7. Provisions, contingent liabilities and contingent assets

8. Impairment of assets

9. Taxation

10. Regulatory requirements relating to the preparation of financial statements

11. Reporting financial statements

D. Business combinations 1. The concept and principles of a group

2. The concept of consolidated financial statements

3. Preparation of consolidated financial statements including an associate

E. Business combinations 1. Limitation of financial statements

2. Calculation and interpretation of accounting ratios and trends to address users’ and stakeholders’ needs

3. Limitations of interpretation techniques

4. Specialized, not-for-profit, and public sector entities

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Our Accreditations:

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

About Zabeel International Zabeel Institute, established in 1988, is a leading Educational and Training Institute for executives in Dubai & is accredited by the Ministry of Education, UAE. We offer training programs to professionals from various industries like Administration, Engineering, Construction, Projects, Accounts and Finance, Management and Languages et.

Zabeel International Advantage Over 25 Years Experience in training Professional Executives

Achiever of many QUALITY AWARDS for training from 1988 till date

Qualified and Certified Trainers

Sophisticated Lab with High end machines and Licensed software

Certificates attested by the Ministry of Education, UAE

Vast resource materials for reference & course materials

Free online support for further assistance

Free follow up orientation seminars, workshops and placement assistance

600 52 4448

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UNITED ARAB EMIRATESMINISTRY OF EDUCATION

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SAP FICOSAP FICO Stands for FI (Financial Accounting) & CO (Controlling). SAP FICO is the important module of ERP & both FI and CO modules stores the �nancial trans-actions data

World Class Training & Education with SAPGive your workforce the knowledge and skills they need to meet your strategic goals – with a full suite of so�ware training and education courses and certi�cations designed to help you maximize the power of your SAP solutions. We can help you create a comprehensive training plan, manage your talent, empower end users with both live and online courses & drive greater pro�ciency across your organization

We have the tools you need to be successful in your line of business.Complete budgets, management reporting, and your �nancial close signi�cantly faster with �nancial solutions designed for businesses of any size. • Gain insight across all financial processes • Manage risk and compliance across accounting and treasury • Make better commercial decisions to drive profitability • Automate your processes for faster, accurate reporting • Harness the latest technology – including cloud, in-memory, analytics, and mobile

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SAP FISAP FI – Organization Structure• Define Company• Define Company Code• Assign Company Code to Company• Define Business Area• Define Functional Area• Define Credit Control• Assign Company Code to Credit Control

SAP FI – Financial Accounting Global Settings• Maintain Fiscal Year Variant• Assign Company Code to Fiscal Year Variant• Define variants for Open Posting Periods• Open and Close Posting Periods• Assign Posting Period Variant to Company Code• Define Field Status Variants• Assign Company Code to Field Status Variants• Define Posting Keys• Define Document Types• Define Document Number Ranges

• Define Tolerance Group for Employees• Define Tolerance Group for G/L Accounts• Assign Users to Tolerance Group• Global Parameters for Company Code

SAP FI – General Ledger• Define Chart of Accounts• Assign Company Code to Chart of Accounts• Define Account Groups• Define Retained Earnings Account• Create General Ledger Account

SAP FI- Accounts Payable• Create Vendor Account Groups• Create Number Ranges for Vendor Accounts• Assign the number ranges to Vendor account groups• Create Sundry Creditors Account• Define Tolerances Group for Vendors• Vendor Payment Terms• Create Vendor Master Data• Automatic Payment Program

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SAP FI- Accounts Receivable• Create Customer Account Groups• Create Number Ranges for Customer Accounts• Assign Number Ranges to Customer Account groups • Create Sundry Debtors• Define Tolerances Group for Customer• Customer Payment Terms• Create Customer Master Record• Dunning procedure configuration

Bank Accounting• Create bank key• Define House bank• Global Settings for Electronic Bank Statement

SAP FI – Asset Accounting• Chart of Depreciation• Assign Chart of Depreciation to Company Code• Specify Account Determination• Create Screen Layout Rules• Maintain asset number ranges• Define Asset Classes• Determine Depreciation area in the Asset Class• Assignment of General Ledger Accounts• Define Screen Layout for Asset master data• Define Screen Layout for Asset Depreciation Areas• Define Depreciation Methods• Maintain Depreciation key• Depreciation Run• Create Asset Master

SAP CO ModuleSAP CO module is one of the important in SAP. Controlling is a function which provides you with information for business analysis and management decision making process. CO facilitates organizational management, monitoring and optimization of all processes in an organization.

Controlling component provides tools used to provide information to support business analy-sis and decision making.

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SAP CO (Controlling) Organisational Structure

OPERATING CONCERN

CONTROLLING AREA

CLIENT

COMPANYCODE-01

COMPANYCODE-02

COMPANYCODE-03

Pro�leCentre

Pro�leCentre

Pro�leCentre

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SAP CO (Controlling) Sub modules • Overhead cost controlling • Product cost controlling • Profit center accounting

Overhead Cost Accounting :- Overhead cost accounting used to plan, control and monitors overhead costs and it examines the cause of costs in the functional areas of an enterprise. Example – Cost center

Product cost controlling :- Product cost controlling used for calculating and evalu-ating the cost of goods manufacture for a product.

Pro�t center accounting :- Pro�t center accounting used to calculate the pro�t area of responsibility with in the organization. eg. branch.

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Bur Dubai | Karama | Al Qusais | Deira | Knowledge Village | Abu Dhabi | Sharjah | RAK

600 52 4448Email : [email protected] : www.zabeelinstitute.aeSuite # 207, Apsara Super Market Building, Bank Street, Bur Dubai, Dubai, UAE.

Our Accreditations:

UNITED ARAB EMIRATESMINISTRY OF EDUCATION

ZABEEL ADVANTAGEZabeel Institute, established in 1988, is a leading Educational and Training Institute for executives in Dubai and is accredited by the Ministry of Education, UAE. We offer training programs to professionals from various industries like Administration, Engineering, Construction, Projects, Accounts & Finance, Management and Languages etc.

Over 25 Years Experience in training Professional Executives

Achiever of many QUALITY AWARDS for training from 1988 till date

Qualified and Certified Trainers

Sophisticated Lab with High end machines and Licensed software

Certificates attested by the Ministry of Education, UAE

Vast resource materials for reference & course materials

Free online support for further assistance

Free follow up orientation seminars, workshops and placement assistance