UNIC Global Training

Financial Modelling and Valuation
2023-11-28 17:15 - 2023-11-30 21:15 (Europe/Athens) | Live Online
28 & 30 November, 2023

CPD hours: 8
Aim
Over the past several years, Spreadsheet models have been the dominant vehicles for finance professionals to implement their financial knowledge. In the aftermath of the recent pandemic, the need for experienced Financial Modelling professionals has steadily increased, as organizations need to plan and adjust to the economic volatility and uncertainty. With a step by step approach this practical seminar guides participants through the various techniques of financial modelling. Participants will build their own models to forecast the financial performance of a case company and estimate its intrinsic value bringing a practical application to the skills they have learned.
Objective
This seminar provides a step-by-step guide that takes somebody through the entire process of developing long term projection plans using Excel. After the introduction of the basic accounting knowledge regarding the articulation of the three financial statements, the seminar builds on their modelling.
In addition, it discusses approaches for valuing companies and builds on these by examining practical examples. A significant portion of the seminar is dedicated to the discounted cash flow method and the market multiples analysis.
Finally, by making use of various tools (Excel Scenario Manager & Sensitivity Analysis), it provides practical examples on how to apply risk and uncertainty to the am projection plans and the associated value of a company.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammeCorporate Discounts are available.
For 3 and more registrations, please contact us!

IFRS 15 and IFRS 16 – Lessons Learned After Implementation (HRDA)
2023-12-05 09:00 - 17:15 UTC | Live Online
5 December, 2023

CPD hours: 7
Aim
The seminar intends to cover in-depth the principles of two very important IFRSs, the Revenue from Contracts with Customers and Leases (IFRS 15 and IFRS 16).
Revenue is one of the most debatable topics in financial reporting. IFRS 15 Revenue from Contracts with Customers is effective from 1 January 2018 and mainly replaces IAS 18 Revenue Recognition and IAS 11 Construction Contracts.
In addition, the International Accounting Standard Board has issued a new standard on leases, IFRS 16 “Leases”. The effective date of the standard is 1 January 2019.
IFRS 16 is a major change of the way the entities account for leases because it removes the current lessee accounting treatment for operating and finance leases. Instead, the new standard introduces a single lessee accounting model.
Objective
The seminar includes detail coverage of the IFRS 15 and IFRS 16. On completion of this seminar participants should be able to:
• Gain understanding of the IFRS 15 & 16
• Be able to apply and evaluate the principles covered
• Read, comprehend and evaluate financial statements incorporating accounting information covered by these IFRSs.
• Identify differences to current accounting treatment
Participants’ Profile
The seminar is primarily addressed to accountants and auditors in the profession or industry. It is also relevant and appropriate to any individual having an active role in preparing, analyzing and presenting financial statements.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Registration Form

A Practical Workshop on Transfer Pricing
2023-12-11 09:00 - 17:15 (Europe/Athens) | Live Online
11 of December, 2023

CPD hours: 7
Aim
The tax environment is continually evolving, and for those responsible for managing the tax liabilities of their organization or for giving tax advice to clients, keeping abreast of such changes is paramount. New tax rules invariably penalize the unwary, but at the same time present rewards and opportunities to the informed. The Aim of the seminar is to familiarize participants with the practical approach of the transfer pricing issues.
Objective
The main objective of the seminar is to provide a clear understanding of the transfer pricing regulation in Cyprus and international with the practical cases and thus help the participants develop their tax planning abilities. The seminar through the real case studies will assist participants apply knowledge and identify the impact of the transfer pricing on financial decisions that need to be taken.
Participants’ Profile
This seminar is addressed to financial controllers, accountants, tax consultants and auditors. It will be of particular interest to newly qualified accountants and who need to familiarize themselves with local taxation issues.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

Fundamental Principles of Cyprus Business Taxation (HRDA)
2023-12-12 09:00 - 2023-12-13 17:15 (Europe/Athens) | Live Online
12 & 13 December, 2023

CPD hours: 14
Aim
The tax environment is continually evolving, and for those responsible for managing the tax liabilities of their organization or for giving tax advice to clients, keeping abreast of such changes is paramount. New tax rules invariably penalize the unwary, but at the same time present rewards and opportunities to the informed. The aim of this seminar is to familiarize participants with the latest taxation updates.
Objective
The main objective of the seminar is to provide a clear understanding of the business tax system in Cyprus and thus help the participants develop their tax planning abilities. Furthermore, the seminar will cover all resent updates as regards to taxation. A number of examples and real case studies will be covered during the seminar in order to assist participants apply knowledge and identify the impact of the taxes on financial decisions that need to be taken.
Participants’ Profile
This seminar is addressed to financial controllers, accountants, tax consultants and auditors. It will be of particular interest to newly qualified accountants, whose qualifications are based on the UK tax system and who need to familiarize themselves with local taxation issues.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Registration Form

Principles of Cyprus and International Taxation
2023-12-18 09:00 - 17:15 (Europe/Athens) | Live Online
18 & 20 December, 2023

CPD hours: 14
Aim
As access to the global marketplace grows with cross border transactions, it is vital to expand and improve your knowledge of the tax laws and systems pertaining to the various markets as well as to explore various techniques in international tax planning.
To minimize the tax burden on income and profits for you and your clients, acceleration of your understanding of critical tax laws and regulations affecting cross-border transactions is essential.
This seminar has been specifically designed to meet the needs of professionals from various backgrounds who wish to develop their competence in the field of International Taxation, and benefit from the credibility that this expert knowledge will afford them.
Objective
The seminar aims to provide knowledge and understanding of basic International Taxation principles and their practical application in real life. The seminar has been specifically designed to meet the needs of professionals from various backgrounds who wish to acquire or to expand their knowledge, skills and competence in international taxation. It aims at providing practical experience to all those who are involved with aspects of international taxation, so as to enable correct decision making, business and tax advice.
Participants’ Profile
Financial controllers, accountants, tax consultants, bankers and banking executives. Government tax officials and lawyers.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

AML and Sanctions - Critical Considerations 2023
2023-12-20 09:00 - 14:30 (Europe/Athens) | Live Online
20 of December, 2023

CPD hours: 5
Aim
By the end of the seminar, participants will be able to have a thorough understanding of the current AML and Economic Sanctions critical considerations, the requirements, the challenges ahead and the new compliance landscape and more importantly to offer practical solutions for an efficient and effective implementation of AML and Economic Sanctions procedures and controls.
Objective
Anti-Money Laundering (AML) and Economic Sanctions are more complex than ever, and constant changes present unique and difficult challenges for Regulated Entities. A significant number of high-profile enforcement cases have shown that AML and Economic Sanctions compliance has been and will continue to be a top priority for Regulatory Authorities and Law Enforcement Agencies in Cyprus, the European Union and Globally. Regulated Entities now face the very real possibility of large fines and criminal prosecution for any breaches. In the current environment, AML and Economic Sanctions compliance is critical and must be a focus of the boards of directors, senior management, compliance officers and all staff of Regulated Entities and Authorities.
Participants’ Profile
Back-office Staff, Compliance Staff, Risk Management Staff, AML Staff, Heads of Compliance Departments, Heads of Risk Management Departments, Heads of AML Departments, Accountants, Lawyers, Internal Auditors, External Auditors, Executive Directors, Non-Executive Directors, Regulatory Compliance Advisors/Consultants.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Registration Form

IFRS Technical Updates and Consolidation Refresher
2023-12-20 09:00 - 17:15 (Europe/Athens) | Live Online
19 & 20 December, 2023

CPD hours: 14
Aim
The IFRSs Update seminar has been specifically developed to bring experienced preparers and users of IFRSs financial statements up-to-date with the latest developments and refresh key concepts and issues on challenging requirements of core IFRSs.
The seminar also intends to cover some advanced aspects of consolidated financial statements, reviewing Piecemeal Acquisitions, Partial Disposals and Foreign Subsidiaries.
Objective
The seminar includes coverage of newly effective and issued IFRS and other recent developments. On completion of this seminar participants should be able to:

Understand and explore the latest IFRS:

IFRS 15 Revenue from Contracts with Customers
IFRS 9 Financial Instruments
IFRS 16 Leases
Latest changes in IFRS

Gain a practical understanding of how the consolidated financial statements are prepared for different group structures, such as step acquisitions, partial disposals, and foreign subsidiaries.

Participants’ Profile
The seminar is addressed to financial controllers of groups and individual companies, accountants, and auditors with either professional qualifications or relevant experience in preparing, analyzing and presenting financial statements.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

Financial statements interpretation and basic analysis
2024-04-02 09:00 - 12:15 (Europe/Athens) | Live Online
02 April 2024

CPD hours: 3
Aim
To provide the necessary insight at the analysis and interpretation of financial statements of various companies and in various industries. To practically enhance participant’s knowledge on performing a financial statement analysis and assessment, identifying the key risky areas, and red through the financial, calculating and interpreting basic ratios and communicating their significance to colleagues and clients.
Objective
The seminar aims at providing the participants with the knowledge and practicable skills necessary in order to analyse and interpret financial statements. This will allow the participants to make informed and effective business and management decisions.
The relationships between financial and other non-financial information will be addressed. Techniques used such as ratio analysis will be explained. It will concentrate on the conclusions reached in respect to the performance and the
financial stability of the organisation. The seminar intends to point out the differences of analysing information of various industries and will offer the opportunity of reviewing financial statements of different industry backgrounds.
Participants’ Profile
Accountants, Auditors, Bankers, People working in the Financial Institutions
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

Unlocking Data’s Potential: Power BI Basics Workshop
2024-04-15 09:00 - 14:30 (Europe/Athens) | Live Online
15 – Apr 2024

CPD hours: 5
Aim
Power Bi starts with an overview of Power BI, then learn practical skills for data acquisition and transformation. Moves into Level 1 data modeling, designing visuals, and reports. Concludes by exploring how to distribute insights within Power BI. Gains the skills needed for effective business intelligence and data-driven decisions.
Objective
1) Enable participants to efficiently acquire, transform, and load data using Power BI.
2) Provide a foundational knowledge of data modeling in Power BI, including choosing frameworks and writing DAX formulas.
3) Instruct participants on designing visually appealing reports in Power BI, meeting specific requirements.
Participants’ Profile
This seminar is suitable for a diverse audience of individuals who want to learn how to use Power BI for data visualization and analysis.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

Sustainability Reporting and ESG disclosures under IFRS
2024-04-16 09:00 - 12:15 (Europe/Athens) | Live Online
16 April 2024

CPD hours: 3
Aim
This seminar aims primarily to satisfy the CPD requirement of CySEC as per “Directive of the Cyprus Securities and Exchange Commission regarding the certifications of persons and the certification register” (RAD 22/2017) by offering an update to the current developments in requirements of sustainability reporting and ESG disclosures under IFRS and EU Regulation 219/2088 on sustainability-related disclosures in the financial services sector.
Objective
The Objectives of the seminar, is to provide participants with the outline of the sustainability reporting and ESG disclosures requirements in accordance with the IFRS and European Sustainability Reporting Standards. It outlines the expected sustainability reporting requirements under IFRS S1, IFRS S2 and CSRD coming into effect in January 2024. The seminar includes the examples of qualitative and quantitative disclosure elements.
Participants’ Profile
This seminar is addressed to CFO, CRO, Accountants, Internal and External Auditors as well as to the Senior managers.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

Customer Due Diligence (CDD) & Know Your Customer (KYC) for Regulated Entities
2024-04-17 00:00 - 16:15 (Europe/Athens) | Live Online
17 April 2024

CPD hours: 4
Aim
Customer due diligence (CDD) and Know Your Customer (KYC) are at the heart of Anti-Money Laundering (AML). In today’s demanding environment, is required for the service providers in order to comply with AML / KYC requirements ,to establish that their clients are who they say they are and have been transparent about the nature of their business. The inadequacy of customer due diligence, can lead an organization to the facing of significant risks such as reputational, operational, legal risks and sanctions.
Objective
This seminar is designed to offer a thorough understanding, for the junior staff up to the Board of Directors, regarding the followings:

The Definitions of customer due diligence (CDD) and Know Your Customer (KYC)
When should customer due diligence (CDD) and Know Your Customer (KYC) measures be applied?
Procedures for the prevention of ML and TF
The relationship between customer due diligence (CDD) and Risk based approach
Simplified Customer Due Diligence (SDD)
Enhanced Customer Due Diligence (EDD)
Explain the reason and purpose of enhanced due diligence (EDD) for politically exposed persons ( PEP)
Ongoing Monitoring
Reliance on third parties

Participants’ Profile
AML/Compliance Officers, Heads of Compliance Departments, Heads of Risk Management Departments, Heads of AML Departments, Back-office Staff, Compliance Staff, Risk Management Staff, AML Staff, Internal Auditors, External Auditors, Executive Directors, Non-Executive Directors, Regulatory Compliance Advisors/Consultants, Corporate service providers, Funds and Fund Managers, FX, Binary Options and Ifs employees, Bankers.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammeCorporate Discounts are available.
For 3 and more registrations, please contact us!

IFRS 9 - Recognition and Measurement of Financial Instruments
2024-05-08 09:00 - 17:15 (Europe/Athens) | Live Online
08 May 2024

CPD hours: 7
Aim
The IFRSs seminar has been specifically developed to be helpful to preparers and users of financial statements. The seminar intends to cover in-depth the principles of one very important IFRS, the Financial Instruments (IFRS 9).
The IFRSs seminar has been specifically developed to be helpful to preparers and users of financial statements. The seminar intends to cover in-depth the principles of one very important IFRS, the Financial Instruments (IFRS 9).
Financial instruments is one of the most challenging areas in financial reporting. IFRS 9 Financial Instruments is effective from 1 January 2018 and replaces IAS 39 Financial Instruments: Recognition and Measurement.
This recently issued standard introduces more principles-based approach to classify and measure financial assets. The new impairment model requires earlier and ongoing assessment of credit losses. Entities will have to determine and account for expected credit losses instead of waiting for an actual default.
Financial instruments is one of the most challenging areas in financial reporting. IFRS 9 Financial Instruments is effective from 1 January 2018 and replaces IAS 39 Financial Instruments: Recognition and Measurement.
This recently issued standard introduces more principles-based approach to classify and measure financial assets. The new impairment model requires earlier and ongoing assessment of credit losses. Entities will have to determine and account for expected credit losses instead of waiting for an actual default.
Objective
On completion of this seminar participants should be able to:

Gain a clear understanding of the IFRS 9
Be able to apply and evaluate the principles covered
Read, comprehend and evaluate financial statements incorporating accounting information covered by this IFRS.

Participants’ Profile
The seminar is primarily addressed to accountants and auditors in the profession or industry. It is also relevant and appropriate to any individual having an active role in preparing, analyzing and presenting financial statements.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

Audit Reporting and Conclusion- Considerations on the final audit steps
2024-05-16 09:00 - 12:15 (Europe/Athens) | Live Online
16 May 2024

CPD hours: 3
Aim & Objective
The aim of the seminar is to present and explain to participants practical illustrations of examples of audit opinions on the following areas: 1) Unmodified opinion but emphasis of matter: a) Going concern, b) Financial statements audited by another auditor 2) Qualified opinion: a) Disagreement of accounting policy (method or disclosure) b) Inability to obtain sufficient and appropriate audit evidence c) Inadequate disclosure: going concern 3) Disclaimer of opinion: inability to obtain sufficient audit evidence 4) Adverse opinion: a) Disagreement on accounting policy and Going concern. It will provide all necessary knowledge and tips in identifying the appropriate opinion to be issued in each case.
Participants’ Profile
This seminar can be participated by anyone who is looking for an effective way to create visualized reports using an easy tool, with no or limited experience.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

REGULATING FUND ADMINISTRATORS IN CYPRUS
2024-05-21 09:00 - 13:15 (Europe/Athens) | Live Online
21 of May, 2024

CPD hours: 4
Aim & Objective
The seminar studies the fund industry in Cyprus, with a particular focus on the function of
fund administration. The seminar provides an overview of how the fund industry operates,
providing key points on the organizational structure of funds and their different
characteristics (Section 1). Thereafter, the seminar studies the profession of Alternative
Investment Fund Managers (AIFMs) (Section 2), before it proceeds to analyze the key roles
and duties of fund administration (Section 3). Section 4 then draws on the latest industry
experience and practice, to explain the rationale underlying the proposal for a separate
Investment Fund Administration Law (IFA Law) and the key provisions thereof.
Participants’ Profile
Lawyers, Fund Managers, Fund Administrators, Providers of Depositary Services, Individuals
with executive and non-executive position in funds and UCITs, compliance officers, antimoney
laundering officials, investors, policy officials, licensing service providers, auditors
and accountants, university students and generally anyone with an interest in or who is
involved in the Cyprus fund industry.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

Leading with Emotional Intelligence: How to Enhance your Leadership Style with EQ
2024-05-27 09:00 - 2024-05-29 12:15 (Europe/Athens) | Live Online
27 & 29 of May

CPD hours: 6
Aim
Whether it is managing your subordinates, colleagues or superiors, whether you are dealing with clients, suppliers or your own family,
unless you can establish a connection with the people across the table, you cannot yield the maximum results. The key to this
connection is Emotional Intelligence (EI).
This seminar will help you to better notice, understand and identify emotions in yourself and others. You will learn how to manage
emotions effectively and use them to improve communication at work and in private life. Throughout the seminar you will explore
and practice essential EI tools and techniques that will enable you, your team and your organization to enhance performance.
Objective
• Recognize, understand and manage emotions in yourself and others
• Connect with others and communicate more effectively
• Motivate others to perform as a group and build a great team spirit
• Implement a high-performance work culture with high levels of self-motivation
• Improve leadership and managerial skills by being emotionally aware and mindful
• Use EI as a tool to enhance performance at work
Participants’ Profile
The seminar is designed for business leaders, owners, managers, HR specialists, recruitment companies and freelance professionals who wish to improve their leadership and communications skills.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

Cross Border EU VAT: Rules and Principles
2024-05-28 09:00 - 2024-05-29 12:15 (Europe/Athens) | Live Online
28 & 29 May 2024

CPD hours: 6
Aim
Strong leadership this course focuses exclusively on cross border EU VAT. Participants will learn how to analyse cross border transactions in order to correctly evaluate all necessary aspects in determining the VAT treatment.
Objective
This course sets two main objectives:

To present the relevant rules and principles methodically with sufficient clarity without losing sight of the complexities involved in cross border transactions, and
To help participants develop a good level of competence in solving cross border EU VAT issues by applying the correct rules and principles.

Participants’ Profile
This course is suitable for anyone with interest in cross border EU VAT issues or anyone dealing with cross-border EU VAT on a regular basis. Both beginners and more advance VAT users will benefit from the course, which is appropriate for accounting staff, financial controllers and other professionals handling VAT issues internally or managing the VAT affairs of clients.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

Advancing AML Compliance: Ongoing Monitoring, Transaction Analysis, and Reporting Procedures
2024-05-30 12:00 - 15:15 (Europe/Athens) | Live Online
30 May2024

CPD hours: 3
Aim
The aim of the seminar “AML Ongoing Monitoring and Reporting Procedures” is to provide
participants with a comprehensive understanding of the importance, processes, and best practices
involved in ongoing monitoring, and reporting in Anti-Money Laundering (AML) compliance. By the
end of the seminar, participants should have a comprehensive understanding of the ongoing
monitoring, , and reporting procedures in AML compliance and being equipped with practical
knowledge and strategies to effectively implement these processes within their organizations.
Participants’ Profile
The seminar is addressed to AML/Compliance Officers, Heads of Compliance Departments, Heads of
Risk Management Departments, Heads of AML Departments, Back-office Staff, Compliance Staff, Risk
Management Staff, AML Staff, Internal Auditors, External Auditors, Executive Directors, Non-Executive
Directors, Regulatory Compliance Advisors/Consultants, Corporate service providers, Funds and Fund
Managers, FX, Binary Options and Ifs employees, Bankers
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

IFRS Technical Updates and Consolidation Refresher (HRDA)
2024-06-04 09:00 - 2024-06-05 17:15 (Europe/Athens) | Live Online
04 & 05 June 2024

CPD hours: 14
Aim
The IFRSs Update seminar has been specifically developed to bring experienced preparers and users of IFRSs financial statements up-to-date with the latest developments and refresh key concepts and issues on challenging requirements of core IFRSs.
The seminar also intends to cover some advanced aspects of consolidated financial statements, reviewing Piecemeal Acquisitions, Partial Disposals and Foreign Subsidiaries.
Objective
The seminar includes coverage of newly effective and issued IFRS and other recent developments. On completion of this seminar participants should be able to:

Understand and explore the latest IFRS:

IFRS 15 Revenue from Contracts with Customers
IFRS 9 Financial Instruments
IFRS 16 Leases
Latest changes in IFRS

Gain a practical understanding of how the consolidated financial statements are prepared for different group structures, such as step acquisitions, partial disposals, and foreign subsidiaries.

Participants’ Profile
The seminar is addressed to financial controllers of groups and individual companies, accountants, and auditors with either professional qualifications or relevant experience in preparing, analyzing and presenting financial statements.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

IFRS 15 & IFRS 16 - Updates and Practical Implications (HRDA)
2024-06-12 09:00 - 17:15 (Europe/Athens) | Live Online
12 June 2024

CPD hours: 7
Aim
The seminar intends to cover in-depth the principles of two very important IFRSs, the Revenue from Contracts with Customers and Leases (IFRS 15 and IFRS 16).
Revenue is one of the most debatable topics in financial reporting. IFRS 15 Revenue from Contracts with Customers is effective from 1 January 2018 and mainly replaces IAS 18 Revenue Recognition and IAS 11 Construction Contracts.
In addition, the International Accounting Standard Board has issued a new standard on leases, IFRS 16 “Leases”. The effective date of the standard is 1 January 2019.
IFRS 16 is a major change of the way the entities account for leases because it removes the current lessee accounting treatment for operating and finance leases. Instead, the new standard introduces a single lessee accounting model.
Objective
The seminar includes detail coverage of the IFRS 15 and IFRS 16. On completion of this seminar participants should be able to:
• Gain understanding of the IFRS 15 & 16
• Be able to apply and evaluate the principles covered
• Read, comprehend and evaluate financial statements incorporating accounting information covered by these IFRSs.
• Identify differences to current accounting treatment
Participants’ Profile
The seminar is primarily addressed to accountants and auditors in the profession or industry. It is also relevant and appropriate to any individual having an active role in preparing, analyzing and presenting financial statements.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

Microsoft Excel: The most basic skills
2024-06-13 09:00 - 13:15 (Europe/Athens) | Live Online
13 June 2024

CPD hours: 4
Aim
The seminar focuses on developing the most basic and useful skills required to work in Excel. Through the practical tasks, the participants will gain the knowledge on how to analyze and utilize data with Excel.
Objective

Perform the most basic and in-demand tasks in Excel
Understand how to use basic Excel formulas and functions to analyze data
Implement Excel capabilities to complete tasks

Participants’ Profile
The seminar is addressed to anyone with no or limited experience in Excel, who wants to
developed the basic skills and knowledge in order to perform tasks in Excel.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

Transfer Pricing Fundamentals
2024-06-18 09:00 - 2024-06-20 13:00 (Europe/Athens) | Live Online
18th & 20th June 2024

CPD hours: 7
Aim & Objective
This seminar will provide an overview of the key relevant law amendments to safeguard full compliance with the Transfer Pricing Regulations and mitigate the transfer pricing risk exposure.
Participants will have the opportunity to familiarise themselves with the new transfer pricing developments in Cyprus and provide a practical environment in which these can be applied to hypothetical situations.
Participants’ Profile
The transfer pricing seminar is designed to cater to a diverse audience of professionals engaged in various aspects of international business, finance, taxation, and compliance. Attendees include tax professionals, finance executives, legal advisors, business owners, accounting professionals, transfer pricing consultants, compliance officers, international trade specialists, government officials, and academics/researchers.
Continuing Professional Development
Instructor: Pantelis Karonias
06 June 202409:00 – 17:15 (7 CPD Units)Mode of Delivery: Live Online
Fee: €220Click here to register
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

Cyprus Taxation for Non-Tax experts (HRDA)
2024-06-20 09:00 - 16:15 (Europe/Athens) | Live Online
20 June 2024

CPD hours: 6
Aim
The seminar will cover the basic principles of Corporation and Personal Income Tax, Special Defence Contribution, VAT, Land Registry Fees and Stamp Duties with a separate section on property related tax matters.
Objective
By the end of the seminar the participants should gain a general understanding of the basic direct and indirect tax principles that will assist them in preparing tax computations and in fulfilling their tax compliance responsibilities (payments and filing of returns/forms) correctly and on time.
Participants’ Profile
The seminar is primarily addressed to accountants, financial managers, CFOs, auditors and lawyers in the profession or industry.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

Anti-Money Laundering (AML): Prevention, Suppression and the Challenges Ahead (HRDA)
2024-06-27 09:00 - 17:15 (Europe/Athens) | Live Online
27th June of 2024

CPD hours: 7
Aim & Objective
This seminar aims to provide participants with a comprehensive understanding of Anti-Money Laundering (AML) strategies, with a specific focus on prevention and suppression, while also delving into the challenges that lie ahead in this field. Throughout the seminar, we will educate attendees about the fundamental concepts and significance of AML in the fight against financial crimes. We will explore various AML frameworks, regulations, and international standards that underpin these efforts.
Participants’ Profile
Back-office Staff, Compliance Staff, Risk Management Staff, AML Staff, Heads of Compliance Departments, Heads of Risk Management Departments, Heads of AML Departments, Accountants, Lawyers, Internal Auditors, External Auditors, Executive Directors, Non-Executive Directors, Regulatory Compliance Advisors/Consultants.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Registration Form

NEW: Core Principles of Transfer Pricing
2024-10-08 09:00 - 17:15 (Europe/Athens) | Ground-based (Nic) & Live Online
8 of October, 2024

CPD hours: 7
Aim

Transfer pricing is an important tax and management topic for international companies. The tax rules related to transfer pricing are complex and tax authorities are increasingly proactive in scrutinising transfer pricing policies and practices. As such, it is important for taxpayers to identify and manage emerging tax risks related to transfer pricing. This seminar has been specifically designed to meet the needs of professionals from various backgrounds who wish to understand the principles of transfer pricing, their practical application, and their impact on the operations in Cyprus and worldwide.

Objective

Understand the importance of Transfer Pricing to multinational enterprise groups and tax administrators
Provide an overview of international transfer pricing guidelines
Analyse the various methods used to determine arm’s length remuneration and discuss the criteria for selecting the most appropriate method for different types of transactions
Discuss documentation requirements and best practices to ensure compliance with regulatory standards
Update participants on recent changes in transfer pricing regulations

Participants’ Profile

The seminar is addressed to:

CFOs
Finance team members
Financial / Investment analysts
Tax specialists
Corporate Administrators
Portfolio managers

Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

NEW: Blockchain Essentials: Navigating the Digital Revolution
2024-10-14 09:00 - 17:15 (Europe/Athens) | Live Online
14 of October, 2024

CPD hours: 7
Aim
Join us for an engaging seminar on Blockchain technology, where you’ll gain a deep understanding of this revolutionary technology and its impact on various industries. The aim of the seminar is to provide participants with a comprehensive understanding of blockchain technology and its disruptive impact on various industries. This intensive seminar is designed to equip attendees with essential knowledge and practical skills related to blockchain fundamentals, cryptocurrency operations, and the evolving digital asset landscape. The seminar covers a wide range of topics, including blockchain fundamentals, cryptocurrency wallets, and transactions, the taxonomy of digital assets, and the potential risks associated with cryptocurrencies. Attendees will have the opportunity to engage in hands-on exercises and explore the critical aspects of tokenomics, Central Bank Digital Currencies, and the various types of cryptocurrencies and tokens in the market. Furthermore, the seminar addresses the challenges and risks in the cryptocurrency space.
Participants’ Profile
This seminar is ideal for financial professionals, technology enthusiasts, business leaders, and anyone interested in understanding the transformational potential of blockchain and cryptocurrencies. It is particularly suitable for those working in finance, banking, technology, and regulatory compliance who wish to stay ahead of the curve in this dynamic and disruptive field.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

NEW: A Guide on Audit and other Review Engagements
2024-10-15 09:00 - 12:15 (Europe/Athens) | Live Online
October 15th, 2024

CPD hours: 3
Aim
The aim of the seminar is to present and explain to participants the main principles of a review engagement, which is also known as a limited assurance or negative engagement, conducted after an accountant has completed an audit of a company’s financial statements. It will provide all necessary knowledge and tips in identifying the appropriate opinion to be issued in each case. The ISRE 2400 (revised) provides guidance on performing a thorough but efficient review on audit and other engagements to ensure that the right conclusion is reached without the format of an official opinion being expressed.
Objective
The objective of this seminar is to ensure that all provisions of ISRE 2400 on reviewing financial statements, emphasizing professional ethics, planning, and evidence collection, are reviewed. The seminar will also provide participants with the fundamental differences between audit reviews and review engagements, in terms of the work to be performed and the level of assurance to be provided.
Participants’ Profile
This seminar would be suitable for accountants and auditors employed in accountancy and audit firms who are involved in the preparation and review of audit and other engagements of various sizes and complexity.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

NEW: Transfer Pricing on Intra-Group Financial Transactions
2024-10-16 09:00 - 17:15 (Europe/Athens) | Ground-based (Nic) & Live Online
October 16th, 2024

CPD hours: 7
Aim

Financial transactions are frequently used and comprise one of the most significant of transactions within multinational groups. As with other types of related party transactions the terms and conditions between related parties should be in accordance with those that would be agreed upon by unrelated parties in similar circumstances.
Pricing of financial transactions is a complex area of transfer pricing and tax authorities see this area as one of substantial potential Transfer Pricing risks, which may lead to expensive and time-consuming audits and potential double taxation, ultimately resulting in significant unanticipated tax exposure for taxpayers.
This seminar has been specifically designed to meet the needs of professionals from various backgrounds who wish to obtain in depth understanding on the pricing of related party debt, guarantee fees, cash pooling arrangements and other financial instruments.
The seminar aims to provide an interpretation of the recommendations included in the OECD TP Guidelines with respect to intra-group financing and guidance, including practical examples, on the application of methodologies proposed for determining the arm’s length remuneration in related party financing arrangements. Moreover, the seminar will provide an update of the local TP legislation and the practice of the Cyprus tax authorities on this specific type of transactions.

Participants’ Profile

The seminar is addressed to:

CFOs
Finance team members
Financial / Investment analysts
Tax specialists
Corporate Administrators
Portfolio manager
Lawyers

Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

NEW: Basic Cybersecurity Principles for Professionals
2024-10-17 09:00 - 17:15 (Europe/Athens) | Ground-based (Nic) & Live Online
October 17th, 2024

CPD hours: 7
Aim

In an era where financial data is increasingly vulnerable to cyber threats, understanding the fundamentals of cybersecurity is crucial for professionals tasked with managing sensitive information. This seminar offers a comprehensive overview of basic cybersecurity principles, focusing on the unique challenges and risks faced by accountants.

Objective

Participants will learn practical strategies for safeguarding financial data, implementing effective cyber risk management practices, and ensuring compliance with regulatory standards.

Participants’ Profile

• Accountants and financial professionals seeking to enhance their knowledge of cybersecurity.
• Small and medium-sized business owners responsible for financial data security.
• Anyone interested in understanding the intersection of cybersecurity and financial data management.

Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

NEW: Navigating AML Challenges: Workshop on Practical Scenarios
2024-10-18 09:00 - 17:15 (Europe/Athens) | Ground-based (Nic) & Live Online
October 18th, 2024

CPD hours: 7
Aim

The aim of the seminar is to equip participants with practical insights and strategies for effectively detecting, preventing, and addressing money laundering risks. Through case studies and interactive scenarios, attendees will:
1. Enhance AML Awareness: Understand the latest AML trends, typologies, and red flags.
2. Analyze Real Cases: Explore actual money laundering scenarios and dissect their complexities.
3. Apply Risk Mitigation Techniques: Learn practical techniques to mitigate AML risks.
4. Collaborate and Problem-Solve: Engage in group discussions and problem-solving exercises.
5. Stay Compliant: Gain actionable knowledge to stay compliant with evolving regulations.
By the end of the workshop, participants will be better equipped to navigate AML challenges and contribute to a safer financial ecosystem.

Participants’ Profile

Compliance Officers, AML Officers, Risk Managers, Financial Inves􀆟gators, Legal and Regulatory professionals, Auditors, Accountants, Internal Auditors, Technology and Data Analysts, Banking and Financial Services Professionals.

Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form

Cyprus Taxation For Non-Tax Experts
2024-10-22 09:00 - 17:15 (Europe/Athens) | Ground-based (Nic) & Live Online
October 22nd, 2024

CPD hours: 7
Aim

The seminar will cover the basic principles of Corporation and Personal Income Tax, Special Defence Contribution, VAT, Land Registry Fees and Stamp Duties with a separate section on property related tax matters.
By the end of the seminar the participants should gain a general understanding of the basic direct and indirect tax principles that will assist them in preparing tax computations and in fulfilling their tax compliance responsibilities (payments and filing of returns/forms) correctly and on time.

Participants’ Profile

This seminar is addressed to:
• Accountants
• Financial Managers
• CFOs
• Auditors and Lawyers in the profession or industry

Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
Download Seminar ProgrammePre-Register Form
