Regulatory Environment

The need for financial reporting

The regulatory environment drives an entity's financial reporting and external audit requirements. Finance professionals in management accounting should gain a full understanding of the regulatory environment in which their organisation operates and how to apply the requirements of laws, standards, and guidelines.

Acquire new skills to demonstrate your proficiency

• Elements of a regulatory environment and framework
• Legal and taxation systems that affect financial reporting
• IFRS standard setting process
• External audit
• The OECD principles of corporate governance
• Internal control and risk management
• COSO's enterprise risk management framework

Gain practical experience

The exercises use genuine examples and are designed to give you real-world knowledge on how to apply daily accounting principles. Acquire a deeper understanding of the strategic importance of the regulatory environment and the need for financial reporting.

This is a standalone course but if you’re interested in more of this type of learning while earning a designation, explore the CGMA® Finance Leadership Program.