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Morison menon annual training program

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Morison Menon Chartered Accountants provides professional advisory services in the areas of Accounting Dubai,Accounting UAE,Dubai Accountants,UAE Accountants,business consulting in dubai,business …

Morison Menon Chartered Accountants provides professional advisory services in the areas of Accounting Dubai,Accounting UAE,Dubai Accountants,UAE Accountants,business consulting in dubai,business consulting in UAE,Business services Dubai,company formation Dubai,company formation UAE,company set ups Dubai,hr consulting dubai,performance consulting UAE & Incorporation help in Dubai.

For more information visit : http://www.morisonmenon.com/

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  • 1. Morison Menon Annual Training ProgramAs part of professional development program and with a view to technically equip staff to meetthe emerging challenges in the ever- changing doing business in dubai,UAE scenario, we atMorison Menon are fully committed to seamless training of our staff. Our training calendargenerally commences from September and continues till January of the following year,culminating with a two- day intensive annual training program.Our latest annual training program was conducted on the 15th and 16th of January 2011. A newmodel financial statement based on the current IFRS was introduced during the annual trainingsession. Application and disclosure matters of some of the important standards were alsodiscussed during the session. We believe that on adoption of the new model financialstatement by our clients, it will significantly enhance the nature and quality of the disclosures intheir financial statements, thereby adding value.The latest training program covered inter-alia, new/revised audit documentation based on thecurrent ISA. The process involved in audit planning, including identifying fraud risk, overallfinancial statement risk, and assertion level risk were discussed at length. The relevant auditapproach to mitigate such risks was also highlighted. Matters regarding requirement of auditdocumentation based on ISA and audit completion were explained in detail. Some of therevised audit documentation followed by Morison International were also introduced duringthe training session.Importance of cash flow statement and its relevance to operations was elucidated during thetraining session. Aspects on anti- money laundering and steps required to be taken to mitigaterisks connected to money laundering were discussed.About Author :Morison Menon Chartered Accountants provides professional advisory services in the areas ofAccounting Dubai,Accounting UAE,Dubai Accountants,UAE Accountants,business consulting indubai,business consulting in UAE,Business services Dubai,company formation Dubai,companyformation UAE,company set ups Dubai,hr consulting dubai,performance consulting UAE &Incorporation help in Dubai.For more information visit : http://www.morisonmenon.com/