Tue 30 Jan 2018 | 08:45 | Duration 8:00 | Chambre de Commerce Kirchberg
Certification / Company Secretaries - Module 5 - Accounting and Tax for Company Secretaries
"Making sense of financial statements and related filing obligations"
Course highlights
The purpose of this specific training is to offer a hands-on experience rather than a theoretical class, and provide Company Secretaries with practical knowledge on accounting and tax reporting, including (i) by monitoring compliance within the scope and extent of accounting and tax reporting obligations, and (ii) by making sense of reports, taking into account the nature and limitations of accounting and financial reporting.
Main learning objectives
Through multiple real-life financial reports for review, analysis and class discussion, participants will be able to:
  • Review the key foundations of financial reporting: accounting conventions and principles;
  • Understand the key components of financial statements and be aware of their information usefulness; and,
  • Implement filing obligations as they relate to accounting and tax reporting so as to monitor compliance.
  • Course outline
  • Ice-breaker: comparing companies through financial reporting
  • Financial reporting & general-purpose financial statements: defining terms & concepts
  • Legal & regulatory aspects of accounting, tax & financial reporting
  • The components of financial statements and annual report
  • The balance sheet: the statement of financial position
  • The profit & loss account: the statement of performance
  • The cash-flow statement: generation & use of cash
  • The other components of financial statements
  • The reports associated with financial statements
  • A new generation of external reports
    Case studies
  • Target audience
    Board support personnel, such as current and aspiring Company Secretaries as well as Corporate Officers, including Law Professionals, who support and advise the Board of Directors and Managers, and willing to increase their understanding of corporate governance concepts.
    This course is dedicated to Company Secretaries with no significant accounting background. This means that this class is not designed for qualified accountants, chief financial officers, controllers and similar professionals dealing with financial figures on a day-to-day basis.
    Practical information
    • Venue: Chambre de Commerce, 7 rue Alcide Gasperi, Luxembourg-Kirchberg (parking available at your own expenses)
    • Registration fees: 490.00 € for ILA members / 590.00 € for non-members.
      The fees are excluding 3% VAT and cover tuition, handouts and coffee break.
    • Language: the course is conducted in English
    • This course is providing credits in the context of the CPD Program for ILA Certified Directors: 8 hours.
    • Registration is available on this webpage, click on "registration form" on the top right corner