Accounting Global Capability Centre (GCC)
- Description
- Curriculum
Accounting GCC Requires Skillsets in multiple GAAP’s and difference in the conceptual framework and key differences at the application of each standard such as difference between US GAAP and IFRS. Difference Between IFRS and IND AS. This Course Covers Professionals to develop deep understanding of Key Concepts and differences between the global accounting standards. Similarly, the course covers other Key Aspects which are very essential to effectively work in GCC such as Processes, Accounting Manuals, Key Financial Reporting Controls and Accounting Hygiene Dashboards. This Course enhances the capability of professionals in implementation of key concepts so that they can play an effective role in adding value to the robust Financial Reporting in the accounting GCC’s to Help their Growth.
Who is the Applicable For?
This Course is Designed for People who are exploring their careers in Accounting GCC’s with a Commerce Graduation/ Post Graduation and Professional Qualifications such as CA/CPA/CMA/ACCA etc.
What you’ll learn
- How Accounting GCC’s Operate and How they Grow in their maturity Level.
- Deep Understanding of Conceptual Framework of Different GAAP’s Such as US GAAP, IFRS, IND AS and Key Differences in the applications at the respective accounting standards level.
- Deep Understanding of internal control over financial reporting framework and the key concepts such as risk and control metrics. Effective Walkthrough, assessing design effectiveness as well as operating effectiveness and evaluating deficiencies.
- Understanding of the different accounting processes and transaction processing based on accounting manual prepared by the entities.
- Understanding and Developing Dashboards in GCC’s Such As Accounting Hygiene, Understanding Account Compositions, Identifying Unusual Transactions in the account balance, Balance Sheet, Income Statement, Schedules Review, Reconciliation of various accounting balances and resolving unusual and old reconciling items in addition understanding and addressing the potential fraud risk in the transaction processing.
