A. Budget preparation and cash flows / Ετοιμασία, Εφαρμογή & Έλεγχος Προϋπολογισμού Ταμειακής Ροής

  • How to prepare an accurate budget and cash flow
  • Assess the validity of the data used in the preparation
  • Investigate and identify differences between actual and budgeted figures.


B. Finance and accounting for non- financial managers / Κατανόηση και χρήση λογιστικών πληροφοριών από μη - λογιστές

  • How to use accounting information for decision making purposes.
  • Identify variances that indicate a weakness in the various departments.
  • Understand the major accounts and their importance


C. Reading financial statements / Οικονομικές Καταστάσεις Ανάλυση και Ερμηνεία

  • Understand the components of audited financial statements
  • Understand the use and purpose of the statement of financial position, statement of comprehensive income and the cash flow statement
  • Calculate various ratios that assess the liquidity and profitability of the company
  • Interpret the various notes in the financial statements.


D. International financial reporting standards (IFRS) / Διεθνή Πρότυπα Χρηματοοικονομικής Πληροφόρησης

  • Identify the main IFRS's
  • Why are IFRs' important for accurate financial reporting
  • Analyse the details of all major IFRS's used by Cyprus companies


E. Audit procedures under the Revised International standards on audit / Ελεγκτικές Διαδικασίες βάση των Διεθνή Πρότυπων Χρηματοοικονομικής Πληροφόρησης

  • The importance of materiality
  • Understand the major audit assertions
  • How to obtain sufficient audit evidence to support the audit opinion


F. Business taxation / Εταιρική Φορολογία

  • Identify the main tax considerations to the financial statements
  • Understand and learn how to complete the major tax return forms for companies
  • Assess and understand the importance of back-to-back loans


G. Corporate governance / Εταιρική Διακυβέρνηση

  • Identify the recommendations for good corporate governance
  • Understand the role and importance of the various committees
  • The responsibilities and role of executive and non-executive directors.