The Irish experience of developing and implementing a national qualifications framework is documented. A particular emphasis is placed on the evolution of the institutional structures maintaining the framework.
Presentation given at the Service Design and Delivery in a Digital Age - Academies for EaP countries organised by the SIGMA Programme and the GiZ Eastern Partnership Regional Fund. Topic 3: Quality management systems and quality culture.
This presentation by Norway was prepared for the break-out Session 1, “The role of economists in merger teams and qualitative evidence review”, in the discussion “Economic Analysis in Merger Investigations” at the 19th OECD Global Forum on Competition on 9 December 2020. More papers and presentations on the topic can be found at http://oe.cd/eami.
This presentation was uploaded with the author’s consent.
We are happy to introduce ourselves as a member of ICFAI University Sikkim. The university has been established under section 4(2) of the Institute of Chartered Financial Analysts of India University Sikkim Act 2004 (Act 9 of 2004) passed by legislative assembly of Sikkim.The ICFAI University is empowered by the UGC to award degrees under section 22 of UGC Act 1956.The University is also a member of AIU (Association of Indian Universities) New Delhi and the Federation of
Universities, India.
The University believes in creating and disseminating knowledge and skills in core and frontier areas through innovative educational programs, research, consulting, publishing, and developing a new cadre of citizens with a high level of competence and deep sense of ethics
and commitment to the code of professional conduct.
The university offers MBA program in
Marketing,Finance,HR,Operation,International Business,Information
Technology & General Management,MBA/MMS/Executive MBA/PGDFA/BBA/Diploma In Management/ MBA Sectoral (Telecom/ Pharma/ Hospital) through distance learning mode.
For further detail, please visit our site : http://www.icfaiuniversity.in/index.html
or you may contact on below given number....
Thanks & Regards,
Lalit Tiwari
Mobile: +91-9990307263, +91-9873392616
ICFAI Group
Presentation given by the Thai Federation of Accounting Professions (FAP) to the Compliance Advisory Panel of the International Federation of Accounting (IFAC).
Open Polytechnic financial advisor training combines the best of distance learning and technological innovation to deliver high quality education outcomes
OER and MOOCs need competency-based higher educationPaul Bacsich
This presentation argues that a number of innovative technical developments, including OER and MOOCs but also microlearning and innovative forms of assessment, require a new approach to Bologna based primarily on competences
Presentation at the Service Design and Delivery in a Digital Age - Academies for EaP countries organised by the SIGMA Programme and the GiZ Eastern Partnership Regional Fund. Topic 3: Quality management systems and quality culture.
The Irish experience of developing and implementing a national qualifications framework is documented. A particular emphasis is placed on the evolution of the institutional structures maintaining the framework.
Presentation given at the Service Design and Delivery in a Digital Age - Academies for EaP countries organised by the SIGMA Programme and the GiZ Eastern Partnership Regional Fund. Topic 3: Quality management systems and quality culture.
This presentation by Norway was prepared for the break-out Session 1, “The role of economists in merger teams and qualitative evidence review”, in the discussion “Economic Analysis in Merger Investigations” at the 19th OECD Global Forum on Competition on 9 December 2020. More papers and presentations on the topic can be found at http://oe.cd/eami.
This presentation was uploaded with the author’s consent.
We are happy to introduce ourselves as a member of ICFAI University Sikkim. The university has been established under section 4(2) of the Institute of Chartered Financial Analysts of India University Sikkim Act 2004 (Act 9 of 2004) passed by legislative assembly of Sikkim.The ICFAI University is empowered by the UGC to award degrees under section 22 of UGC Act 1956.The University is also a member of AIU (Association of Indian Universities) New Delhi and the Federation of
Universities, India.
The University believes in creating and disseminating knowledge and skills in core and frontier areas through innovative educational programs, research, consulting, publishing, and developing a new cadre of citizens with a high level of competence and deep sense of ethics
and commitment to the code of professional conduct.
The university offers MBA program in
Marketing,Finance,HR,Operation,International Business,Information
Technology & General Management,MBA/MMS/Executive MBA/PGDFA/BBA/Diploma In Management/ MBA Sectoral (Telecom/ Pharma/ Hospital) through distance learning mode.
For further detail, please visit our site : http://www.icfaiuniversity.in/index.html
or you may contact on below given number....
Thanks & Regards,
Lalit Tiwari
Mobile: +91-9990307263, +91-9873392616
ICFAI Group
Presentation given by the Thai Federation of Accounting Professions (FAP) to the Compliance Advisory Panel of the International Federation of Accounting (IFAC).
Open Polytechnic financial advisor training combines the best of distance learning and technological innovation to deliver high quality education outcomes
OER and MOOCs need competency-based higher educationPaul Bacsich
This presentation argues that a number of innovative technical developments, including OER and MOOCs but also microlearning and innovative forms of assessment, require a new approach to Bologna based primarily on competences
Presentation at the Service Design and Delivery in a Digital Age - Academies for EaP countries organised by the SIGMA Programme and the GiZ Eastern Partnership Regional Fund. Topic 3: Quality management systems and quality culture.
Similar to Day2 sp1 pres ne-dbicgfm may2014_nemeth_dencso_en (20)
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
3. HUNGARY AND THE EUROPEAN UNION
• European Union of (now) 28 countries
• European Commission, Council and
Parliament
• Accession of Hungary in 2004
• Systems and legislation had to be harmonized
to EU law
• Subsidies from EU to MSs
5. CENTRAL HARMONISATION UNIT
• The CHU is responsible for developing and
promoting internal control and audit
methodologies on the basis of internationally
accepted standards and best practice and for
coordinating the implementation of new
legislation on managerial accountability
(financial management and control systems)
and internal audit.
6. FUNCTIONS OF CHU
1: To analyse control systems and introduce the
new laws and regulations
2: Ongoing staff development of Public Internal
Financial Control
3: Monitoring
4: Networking
8. CONDITIONS FOR SUCCESS OF CHU
• Changes cannot happen over night and should be planned
very carefully and realistically
• Broad discussion of the reform
• Understanding and acceptation of why changes are needed.
External factors stimulate reforms but success depends on the
ability to change and think in a new way attitude and
ownership!
• Political will and support
• Trained staff familiar with international standards and good
practices
11. HISTORY
• Project: Improving Public Internal Financial Control system, Audit
Mechanisms and Skills
• The wider objective of the project is to increase Sound Financial
Management (economy, efficiency and effectiveness), development
of the Hungarian Public Internal Financial Control (PIFC) System
based on COSO principles
• One of the main means of the developments is to organize
professional trainings for internal auditors and financial managers in
budgetary organizations in order to keep their knowledge up-to-
date
• In order to achieve the above mentioned objectives, a major aim of
the project was to establish a PIFC Methodological and Training
Centre
12. • As a first step the trainers’ selection for the Centre and their
training were carried out – 45 trainers („train the trainers”)
• The next step was to create and develop training material,
especially an e-learning framework system and the preparation of
e-learning modules in order to satisfy the needs to provide flexible,
mass-training for a great number of (eventually remotely located)
participants
• After that the MoF has ensured needed equipment for the trainers
(laptop) and MTC training sites
• Important step was the establishment of the legal obligation of the
continuous training
ESTABLISHING THE SYSTEM
13. LEGAL BASIS
• The Minister of National Economy (MNE) is responsible for the
establishment, operation and professional management of the MTC
• Public Finance Act (PFA) declares that an internal auditor of a
public budgetary organisation has to be licensed by the MNE, which
means that the auditor has to be registered
• In accordance with the regulations of the PFA the PBO’s Chief
Financial Manager and even the Head of the PBO shall also attend
professional PIFC related training regularly
• Ministerial Decree on the registration and continuous professional
training of internal auditors contain the rules for vocational training
for the public sector internal auditors
14. • Currently the MTC works within the organisation of the National Tax and
Customs Administration’s Training, Health and Cultural Institute
• Internal auditors are obliged to attend vocational training in regularly
• At the first time internal auditors should take an exam in the subject of
the „Public Internal Financial Control I.” (with three obligatory modules)
in the next year of their registration
• Then they shall perform one freely selected module from the modules of
the „Public Internal Financial Control II.”
• Failing to complete these obligations, the internal auditor will be deleted
from the registry – that means they lost the permission of the MNE
• The trainees can choose from the following two forms of training:
e-learning and face-to-face training
• On the basis of the cooperation agreement between the MNE and MTC
the infrastructural background of the Centre is provided by the central and
6 regional establishments of the Institute
HOW THE SYSTEM WORKS?
16. „PIFC I.”
• General introduction module
– 1. Public finances
– 2. European Union and Hungary
– 3. Control system of the public administration
• General internal audit module
– 1. Legal basis of PBO’s internal audit
– 2. Guidelines relating to internal audit issued by the Ministry
– 3. Internal audit’s standards and practice advisories
– 4. New methodologies in the area of internal audit
• Public Internal Control (PIC) System module
– 1. Corporate governance
– 2. The COSO model
– 3. PIC in Hungary
– 4. Managerial accountability
17. „PIFC II.”
• 16 modules, for example:
• Value for Money Audit
• System Audit
• Control of subsidies from the European Union
• Control of public procurement
• Audit of IT systems
• Control of public accounting
18. E-LEARNING
• The e-learning course contains 265 recommended lessons
• The access to the electronic learning material (curriculum) in ILIAS is
provided for the participants of the training for 60 days
• During this period of time the trainee can open the electronic curriculum
via the Internet either at home or in the office at any time and he/she can
acquire it by self-training or – if it is needed – with tutoring assistance
• After processing each of the learning material and completing the module
tests the participants may try to pass the exam
• The ILIAS makes possible to carry out the tests related to learning material
• The last day of the training the trainees who chose the e-learning training
take their end-of-course test at the selected place and in the exam-group
having chosen during the registration for the training
19. FACE-TO-FACE TRAINING
• For internal auditors it takes 3 days - 21 lessons including
20 x 45 minutes lectures
• For Heads of PBOs and Financial managers: 1 day – 8 x 45
minutes lectures – only the third module of the „PIFC I.”
• Presentations by trainers at the selected date and place
being chosen by the trainee during the registration for the
training
• At the end of each course there is an exam, which lasts 1
hour (60 minutes)
• The supervised exams will take place at the chosen course-
place, through the ’ILIAS’ learning management system.
20. MANAGEMENT OF THE MTC
• Annual Training Plan is financed by national budget (in
Chapter of MNE) – only the e-learning is free
• The MTC register all applicants for the trainings and signs
teaching and tutoring contract with the trainers appointed
by the MNE
• Exams are held at MTC in every case (passing limit: 60%)
and there is a possibility to perform an „ex-ante” exam –
80% - if somebody succeeds then he/she is exempted from
training
• The training materials are updated yearly
21. NUMBERS PER YEAR
Modul Type
Number of
courses
Number of
applicants
Number of issued
certification
PIFC I. – Internal auditor F2F 2 48 47
E- learning 8 162 140
PIFC I. – financial manager and
head of budgetary units
F2F 20 632 609
E- learning 4 851 791
PIFC II. – Audit of public
procurement
F2F 6 169 162
E- learning 3 158 153
PIFC II. – System audit F2F 12 365 349
E- learning 3 273 269
PIFC II. – Value for money audit F2F 10 254 248
E- learning 3 161 159
PIFC II. – Control of EU funds F2F 8 209 204
E- learning 3 170 168
Total: 82 3452 3299
22. RELATIONS OF FINANCIAL CRISIS
• Less resources for internal controls, internal
auditors
• Had to be more efficient in own work and in
recommendations
• Audited organisations could save resources
and improve efficiency
• CHU improved internal auditors – internal
auditors improved organisations