Accounting and Finance World Bank Compliant

HRODC Postgraduate Training Institute
In Amsterdam (Netherlands), Durban (South Africa), Dubai (United Arab Emirates) and 7 other venues

£ 8,000 - (Rs 6,56,935)
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Important information


Suitable for: This course is designed for: Project Finance Specialists. Project Accountants. Senior Accountants. Project Management Practitioners. Project Officers, Directors, Managers. Fund Managers. Investment Managers. Others

Important information

Where and when

Starts Location
On request
Damrak 1-5, 1012, Noord Holland, Netherlands
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On request
South Sathon Road, 10120, Bangkok, Thailand
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On request
City of London
Kendal Street, London, England
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On request
Coral Deira Hotel, Muraqabat Street, Deria, Dubai, 82999,, 82999, Dubai, United Arab Emirates
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On request
Walnut Road, 40001, Johannesburg, South Africa
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Frequent Asked Questions

· Requirements

Degree or Work Experience

What you'll learn on the course

Accounting Environment
Financial Statement

Teachers and trainers (1)

To Be Assigned
To Be Assigned
Consultant, HRODC Postgraduate Training Institute

Course programme

Course Contents, Concepts and Issues:

Part 1: A Conceptual Framework: Setting the Scene The Accountant and the Accounting Environment

  • Accounting - Defined
  • The Development of a Conceptual Network
  • External Reporting
  • Internal Reporting
  • Types of Business Entity Sole Trader Partnership Limited liability Company
  • Formation of Business Entity
  • Running the Business
  • Accounting Information
  • Meeting Obligations
  • Users and Their Information Needs
  • General and Specific Purpose
  • Agency Theory

Financial Statements from the Accounting Equation

  • Primary Financial Statements
  • Financial Statement Preparation
  • Statement of Financial Position - Balance Sheet
  • Other Forms of Statement - Horizontal and Vertical
  • Income Statement
  • Statement of Cash Flows
  • Subdivision of Cash Flows
  • Profit Does Not Equal Cash
  • Practical Illustration
  • Debit and Credit Recording
  • Analysis of Transaction
  • Trial Balance

Ensuring the Quality of Financial Statements

  • Qualitative Characteristics
  • Relevance and Reliability
  • Measurement Principles
  • Materiality
  • Prudence
  • Regulation
  • Reviewing Published Financial Statements

Management Accounting

  • Introduction
  • Meeting the needs of internal users
  • Management functions
  • Role of management accounting
  • Judgments and decisions: case study illustrations
  • Terminology of management accounting
  • Cost
  • Definition of a cost
  • The need for cost classification
  • The meaning of 'activity'
  • Variable costs and fixed costs
  • Direct costs and indirect costs
  • Product costs and period costs
  • Cost classification for planning, decision-making and control
  • Cost coding
  • Cost selection and reporting

Part 2: World Bank Overview and its Financial Aspects

Introduction to World Bank

  • Strategies
  • Comprehensive Development Framework
  • Country Assistance Strategies
  • Poverty Reduction Strategies
  • Non-lending Activities
  • Debt Relief (HIPC)
  • Low Income Countries Under Stress
  • Country Diversity
  • Low Income Countries
  • Middle Income Countries
  • Fragile and Conflict-Affected Countries
  • Development Effectiveness
  • Harmonization
  • Alignment
  • Aid Effectiveness Review
  • Project Database
  • Country lending Summaries
  • What is a Project?
  • Project Major Sector
  • Procurement Method
  • How the Project Cycle Works
  • Project Status
  • Board Work Program
  • Monthly Operational Summary
  • Status of Projects in Execution
  • Implementation Completion and Results Report
  • Policies and Procedures
  • Operational Manual
  • Safeguard Policies
  • Procurement
  • Disbursement
  • Sanctions
  • Disclosure
  • Debt
  • Products and Services
  • Investment and Development Policy Operations
  • Banking Products
  • Trust Funds and Grants
  • Guarantees
  • Non-Lending Activities
  • How We Measure Results
  • A Dynamic Framework for Capturing Results
  • Several Initiatives Are underway
  • Projects and Lending
  • How much does the World Bank lend every year?
  • Where can I find information about how much a country is repaying the Bank?
  • What happens if a country can't repay what it owes?
  • Why does the Bank lend to some countries that do not have democratic political systems, or have poor human rights records?
  • Does the Bank always make developing countries privatize their industries and assets?
  • Do political considerations play a part in whom the Bank lends to?
  • How can I find the name of a project task lead?
  • Does the public get to comment on Bank projects prior Bank approval?
  • What happens when a project isn't working, can it be changed?
  • Mapping for Results Platform
  • Data Sources
  • Methodology
  • Open Data
  • Partners

Financial Terms and Conditions of IBRD Loans, IBRD Hedging Products, and IDA Credits IBRD Loans

  • Fixed-Spread Loan (FSL) and Variable-Spread Loan (VSL)
  • Currencies
  • Lending Rate
  • Commitment Charge
  • Waivers
  • Front-End Fee
  • Currency Conversions
  • Interest Rate Conversions
  • Interest Rate Caps and Collars
  • Maturities
  • Pricing
  • Repayment Terms
  • Prepayment
  • Distinctions between FSL and VSL
  • Process for Converting VSL to FSL
  • Hedging VSL without Converting into FSL
  • IBRD Hedging Products
  • Access to Hedging Products
  • Process for Execution of Stand-Alone Hedging Products
  • Master Derivatives Agreement
  • IDA Credits
  • Currencies
  • Credit Charges
  • Repayment Terms

World Bank Financial Management

  • Project Preparation
  • Project Implementation
  • Project Completion
  • Financial Management Arrangements:
  • Assessments of Financial Management Arrangements
  • Interim Financial Reporting
  • Audited Financial Statements
  • Failure to Maintain Acceptable Financial Management Arrangements
  • Additional Financing for Investment Lending

Country Financing Parameters

  • Financing Individual Projects
  • Special Review and Authorization Arrangements for Selected Types of Expenditures
  • Financing of Interest during Construction
  • Calculation
  • Presentation
  • Documentation

Achievements for this centre

Additional information

Accounting and Finance World Bank Compliant - Leading to Diploma-postgraduate, Progressing to Postgraduate Diploma, Accumulating to Ma, Mba, Msc, Incorporating Accounting Equations, Management Accounting, Ibrd Hedging Products, Project Preparation, Implementation and Completion, Country Financing Parameters (london)

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