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2020

MCPD BROCHUREI C A N

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To be a leading global professional body

To produce world-class Chartered Accountants,regulate and continuously enhance their ethical

standards and technical competence in the public interest

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF NIGERIA(Established by Act of Parliament No. 15 of 1965)

I C A N

“A Man's Mind, Stretched by New Ideas, may never Return to Original Dimensions” -Oliver Wendell Holmes Jr

Vision Statement

Mission Statement

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CATEGORIES

ACCOUNTANCY, AUDIT & INSOLVENCY SECTOR

AGRICULTURE SECTOR

CONSULTANCY SECTOR

ENTREPRENEURSHIP SECTOR

EXTRACTIVE INDUSTRY SECTOR * Energy Sub-sector * Oil & Gas Sub-sector

FINANCIAL SERVICES SECTOR * Banking Sub-sector * Capital Market Sub-sector

* Insurance Sub-sector* Islamic Finance Sub-sector

GENERAL MANAGEMENT PRACTICE SECTOR

HAPPINESS & POSITIVITY SECTOR

INFORMATION TECHNOLOGY SECTOR

PUBLIC SECTOR

MANUFACTURING SECTOR

NOT-FOR-PROFIT ORGANISATIONS SECTOR

TAX PRACTICE SECTOR

TELECOMMUNICATIONS SECTOR

OTHERS

CONTINUING DEVELOPMENT PROGRAMME (CDP)

EXECUTIVE MANDATORY CONTINUING PROFESSIONAL DEVELOPMENT (EMCPD)

MCPD PROGRAMMES FOR THE YEAR

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PAGE

1. ICAN Vision and Mission Statements…………………………………………………………………………………………

2. MCPD Programmes for the year…………………………………………………………………………………………………

3.

MCPD Objectives, MCPD Philosophy, Why MCPD?...................................................................4.

Table of Contents …………………………………………………………………………………………………………………

5.

Review of the 2019 Programme…………………………………………………………………………………………………

6.

2019 MCPD

In-House Seminars………………………………………………………………………………………………….

7.

Thrust of Year 2019 Programme…………………………………………………………………………………………………

8.

MCPD Credit Hours Requirements………………………………………………………………………………………………

9.

MCPD

Compliance & Sanctions…………………………………………………………………………………………………

10.

Accreditation of Seminars/Workshops…………………………………………………………………………………………

11.

Duration & Fee………………………………………………………………..………………..................................................

12.

Method of Payment………………………………………………………………………………………………………………

13.

Cancellations, Transfers & Enquiries ……………………………………………….…………………………………………

14.

Mandatory Continuing Professional Development.........................................................................

15.

Continuing

Development

Programme

(CDP)………………………………………………………………………………

16.

Executive Mandatory Continuing Professional Development

(EMCPD)………………....................................

17.

Accountancy, Audit and Insolvency Sector ………………………………………………………………………………….

18.

Agricultural Sector…………………………………………………………………………………………………………………

19.

Consultancy Sector………………………………………………………………………………………………………………

20.

Entrepreneurship Sector …………………………………………………………………………………………………………

21.

Extractive Industry Sector -

Oil & Gas; Energy……………………………………………………………………………

22.

Financial Services Sector: Banking; Capital Market; Insurance; Islamic Finance ……………………………

23.

General Management Practice Sector …………………………………………………………………………………………..

24.

Happiness & Positivity Sector ……………………………………………………………………………………………………

25.

Information Technology Sector ………………………………………………………………….……………………………….

26.

Manufacturing Sector………………………………………………………………………………………………………………

27.

Not-for-Profit-

Organisations Sector ……………………………………………………………………………………………

28.

Public Sector ………………………………………………………………………………………………………………………

29. Tax Practice Sector………………………………………………….……………………………………………………………

30. Telecommunications Sector………………………………………………………………………………………………………

CONTENTS1

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MCPD OBJECTIVETo continuously update the technical skills and competencies of Chartered Accountants and participants at our training courses through value added training programmes provided at

minimum costs and designed to enhance their productivity and social responsiveness

MCPD PHILOSOPHYContinuous development of knowledge and expertise is a fact of life in today's world

WHY MCPD Knowledge is a perishable commodity. It becomes obsolete with the passage of time.

It has to be re-affirmed, unlearned, re-learnt and practised at all times. Skill renewal through continuous formal training is, therefore, inevitable

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INTRODUCTION

REVIEW OF 2019 PROGRAMMES

Consequent upon the adoption of Continuing Professional Development as a foremost member of IFAC, the Institute charged Members' Education and Training Committee with the responsibility of proposing and implementing the policy on members' professional development needs.

Continuing Professional Development (CPD) is an ongoing process of developing, maintaining and documenting members' professional skills. ICAN requires a certain amount of development activities to be carried out and documented each year as a condition for maintaining membership of the Institute. Since the world is changing fast, as well as the roles of Chartered Accountants, hence, the Institute undertakes a yearly review of the training curriculum with focus on inspiring confidence in the profession and preparing Chartered Accountants for the future.

At inception, ICAN adopted a customised acronym of Mandatory Continuing Professional Education (MCPE) as an umbrella name for the Institute's CPE. However, having realized the need for realignment with global best practices, the name has been amended to read Mandatory Continuing Professional Development (MCPD). Thus, the various training offerings have been amended as follow:

1. Mandatory Continuing Professional Development (MCPD)2. Continuing Development Programme (CDP)3. Executive Mandatory Continuing Professional Development (EMCPD)

The training offerings in 2019 recorded significant leap when compared to the previous year. This was due to the macro-economic stability and improvement in some sectors of the economy. The ICAN/ICEAW Membership Pathway also imparted positively on the 2019 performance. Altogether, ninety-four (94) seminars were conducted in nineteen (19) locations across the country as shown below:

Slot Slot 2019

2018

MCPD

–

Lagos

20

24 Outside Lagos 21 29

CPD 4

4

EMCPD

4

4

In-House - Lagos 42 36

Outside Lagos 3 6

94 103

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S/N ORGANISATION 1

ADDAX Petroleum 2

Airtel Nigeria

3

Asset Management Corporation of Nigeria (AMCON)

4

Animal Care Services Konsults (Nig) Ltd

5

Chevron Nigeria Limited

6

Dangote Group

7

Deliotte & Touche

8

Emerging Market Telecommunications Service (ETISALAT)

9

General Electric

10

IHS Africa

11

KPMG Professional Services

12 Lafarge Cement Plc

13 MTN Communications Limited

14 Nigerian Bottling Company Plc

15 Nigerian Breweries Plc

16

Nigerian Deposit Insurance Corporation (NDIC)

17

PriceWaterhouseCoopers

18

PZ Cussons Nigeria Plc

19

SAIPEM Contracting Nigeria Ltd

20

Seven-up Bottling Company

21

Shell Nigeria Exploration & Production Company Limited (SNEPCO)

22 Stanbic IBTC Bank Plc

23 Sterling Bank Plc

24 Zenith Bank Plc

25 Polaris Bank Limited

26 Vodacom Limited

27 Ernst & Young

28 Bagco Nigeria

29 Standard Chartered Bank

MCPD In-House SeminarsThe Institute's In–House clients include:

SUMMARY OF ATTENDANCE AT SEMINARS, WORKSHOPS, CONFERENCES, MEETINGS, ACCREDITED SEMINARS ETC, FOR 2018 AND 2019

SEMINARS 2018 2019

MCPD/Conferences 9,489 9,167

CDP 307 245 EMCPD 190 256

In-House 1,970 2,145 Accreditation/Others 17,516 28,210

TOTAL

29,472

40,023

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THRUST OF 2020 MCPD PROGRAMMES

THE BENEFITS OF MCPD ARE AS FOLLOWS:

The focus of the 2020 MCPD is to provide the ground work for future-fit accountants in line with IFAC's direction. The nature of work performed by Chartered Accountants and their contributions to organisations are rapidly evolving in response to business trends.

It is imperative to upskill and transform members to become relevant and indispensable Chartered Accountants. The contemporary accountants must be more adaptable, smarter and capable of delivering not just historical reports but data-backed advice and actionable insights that business requires today.

· Provide the knowledge, skills, values, ethics and attributes required for life-long learning with focus on outcomes.

· Help participants identify areas of development which are relevant to and support their careers

· Provide effective skill renewal through continuous formal training

· Provide the avenue for continuous update of technical and soft skills of Chartered Accountants

· Enhance the productivity, efficiency and social responsiveness of participants

· Re-assure employers and the public that members keep themselves abreast of current developments and employ an ethical approach to their duties

· Facilitate access, monitor and ensure relevant, measurable and verifiable compulsory professional development activities

· Provide participants with an accessible range of services that will help them maintain and develop their expertise

· Provide members with veritable networking opportunities

· Provide members opportunity to comply with IFAC SMO 2/IES 7 on Continuing Professional Development to retain status as Chartered Accountants

To sustain these benefits, each course has been designed to generate in-depth, highly interactive and practical sessions to cater for members' professional needs.

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THE DOVER HOTELS We are delighted to introduce the Dover Hotels to you and your highly esteemed organisation. The Dover Hotel has two branches located at Lekki and Ikeja respectively.

The Dover Hotel Lekki is strategically located in the secured residential district of Lekki Peninsula Phase 1, Lagos while the Dover Hotel Ikeja is situated at No 14, Aromire Street, off Allen Avenue on your way to Adeniyi Jones.

We invite you to make use of our facilities for your accommodation and conference need our well trained staff are always ready to give your event a touch of class.

We assure you of our best professional care and attention.

For enquiries on our bookings, send mail to [email protected] or call 0803 524 1057, 0706 227 9643.

Gloria EmodiManaging Director

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MCPD CREDIT HOUR REQUIREMENTS

MCPD COMPLIANCE AND SANCTIONS

In order to maintain professional competence and ensure the exercise of due care at all times, a Chartered Accountant is required to fulfill the requirements of and participate in MCPD learning activities that are relevant to his or her current and future work and professional responsibilities.

A member is required to obtain a minimum of thirty (30) verifiable credit hours within a calendar year. This could be obtained solely from structured seminars or a combination of structured and unstructured seminars. The structured seminars or active learning involves interactive and participatory-based study such as; Mandatory Continuing Professional Development (MCPD), Continuing Professional Development (CPD), and Executive Mandatory Continuing Professional Development (EMCPD), the Annual Accountants' Conference, World Congress of Accountants, Academic Conference (ACAF), PAFA Congress, Zonal Accountants' Conference and Accountancy Bodies in West Africa (ABWA) Congress. MCPD credits can also be earned by learning on our e-learning platform.

The unstructured programmes include other activities of the Institute such as meetings, Annual Dinner, Annual General Meeting, symposia, Council and Committee meetings, Examination exercises (invigilation, marking, extraction and pool setting), Retreats, Publications in the Institute's journal, District Societies meetings, facilitation at MCPD seminars etc.

Members are expected to make up for any deficit credit hours within the year by attending MCPD seminars.

Please note that the Council of the Institute approved sanctions for members who are deficit in their required MCPD credit hours. They will be denied the following privileges:· Sponsorship for students for registration, exemptions, examinations and registration for induction into membership· Sponsorship of graduate members for the Institute's membership· Elevation to Fellowship· Obtaining and Renewal of Practising Licence· Membership of Committees· Voting at Council elections· Contesting Council Elections, and · Occupying any executive position in a District Society

The Council of the Institute implores all members to attend any two seminars from the various sectors each year to

earn the necessary thirty (30) credit hours in the process of updating their knowledge.

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GUIDELINES FOR INDIVIDUAL ACCREDITATION OF SEMINARS/WORKSHOPS

GUIDELINES FOR CORPORATE ACCREDITATION OF SEMINARS/WORKSHOPS

· Application letter for accreditation

· Payment of Accreditation Fee. You can transfer directly to our Zenith Bank Account no. 1012757801, Sort

Code: 057151012.

· Duration of the course must be clearly stated (Contact Hours)

· Course Programme, reflecting the duration of each paper

· Seminar papers should be forwarded for evaluation

· Theme of the programme/course outline/topics

· Contact details of the course organiser

· The maximum credit point obtainable under this category is ten (10) Please note: Assessment of seminar is to

take place not later than (6) six months after attendance

· Application letter for accreditation

· Payment of Accreditation fee. You can transfer directly to our Zenith Bank Account no. 1012757801, Sort

Code: 057151012

· Duration of the course must be clearly stated (Contact Hours)

· Course Programme, reflecting the duration of each paper

· Seminar papers should be forwarded three weeks before date of Seminar for evaluation

· Evidence of original attendance of Members through attendance sheets signed by participants

· (At the completion of the seminar)

· Detailed Resume of Resource Persons

· Application for Monitoring of the programme before the seminar

· Theme of the programme/course outline/topics

· Target Audience

· Expected number of participants

· Date and venue of the programme

· Name and contact phone number of course co-ordinator

· For any programme outside Lagos, the organiser will provide transport, Accommodation and Feeding for our

monitor

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All requests for local and international accreditation must comply with the above criteria for the purpose of assessment before credit hours can be allocated to such seminars or workshops.

DURATION AND FEE

Duration: The duration of each programme is two days or as may be required or In-house training.

1. Go to www.icanportal.org/members

2. Click on 'Apply for MCPD Seminar'

3. If yet to make payment, click on 'PAY'. Follow prompts to pay

4. Once payment is complete, PIN and SNO will be generated

5. Proceed to register for the desired training by clicking on 'Register'

6. Fill the form, ensure all details are correct and click 'Submit'

7. Print out the completed application form for MCPD Seminar and take it to the venue of the training

8. If payment had already been made through any of the following:

- PayDirect – Click on PAY ICAN and select PAYDIRECT to create PIN Voucher

- Quickteller – Click on PAY ICAN and select Quickteller to generate PIN voucher

- WebPay – Click on PAY ICAN and select WebPay, enter transaction reference and submit to locate

transaction and proceed to registration for seminar.

PAYMENT/REGISTRATION PROCEDURE FOR MCPD TRAINING ON ICAN PORTAL

ONLY COMPLETED REGISTRATION FORM FOR MCPD SEMINARS WILL BE ACCEPTABLE AT THE VENUE

S/NO SEMINAR TYPE PAYMENT MADE ONE WEEK BEFORE THE SEMINAR(N)

1 MCPD 25,000 (30,000 non-members)

2 CDP 35,000 (40,000 non-members)

3 EMCPD 80,000 (85,000 non- members)

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Note: Please confirm the date of the training a week before Cancellations, Refunds and Transfers

· Refund of 100% of fees paid would be made on request if cancellation is made not later than 14 days before the event.

· Transfers to other programmes can be made if requests are received not later than 7 days to the commencement of the programme paid for. Transfer and refunds cannot be requested otherwise.

· Any payment made cannot be transferred to another year.

· For the e-learning sector, kindly refer to the e-learning platform on the ICAN website www.icanig.org.

· Mails should be sent to [email protected] for cancellation, refund and transfer requests.

The Institute reserves the right to cancel or postpone a programme(s) or seminar(s) due to unforeseen circumstances beyond its control and would not be liable for damages/ inconveniencies suffered by participants as a result of such cancellations.

For further enquiries on the Institute's Professional Training Programmes, please contact:

DISCLAIMER

ENQUIRIES

Members’ Education & Training Department

ICAN Annexe 82, Murtala Mohammed Way, Ebute-Metta, Lagos

Telephone: 0905 384 7539 (DL)

e-mail: [email protected]

facebook: Ican Met Ican

Twitter: @ICAN members

LinkedIn: MET ICAN

Registrar/Chief Executive

Plot 16, Idowu Taylor Street, Victoria Island, Lagos

Telephone : 0816 920 8597

e-mail: [email protected]

Website:www.icanig.org

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MANDATORY CONTINUING PROFESSIONAL DEVELOPMENTS/N

LOCATION

SECTOR

DATE

VENUE

1.

Lagos

Tax Practice

March 11 –

12

Lagos Airport Hotel, Ikeja, Lagos

2.

Lagos

Consultancy

March 18 –

19


3.

Onitsha

Consultancy

April 01-

02

Diocese on the Niger Anglican Communion Auditorium, Ozala Road, Onitsha, Anambra State

4.

Abuja

Tax Practice

April 08 -

09

Venue to be determined

5.

Jos

Tax Practice

April 29 -

30

Crest Hotel & Gardens, Old Airport Road, Jos Plateau State

6.

Lagos

Public Sector

April 29 -

30


7.

Uyo

Tax Practice

May 13 –

14


8.

Lagos

General Management Practice

May 13 –

14


9.

Port Harcourt

Accountancy, Audit & Insolvency

May 20

-

21

Landmark Hotels Ltd, 4, Worlu Str., Off Olu-Obasanjo Road, D/LinePort Harcourt, Rivers State

10.

Lagos

Entrepreneurship

May 20 -

21


11.

Ilorin

Information Technology

May 20 -

21

Savannah Hotel, KM 2, Ajase-Ipo Road, Gaa Akanbi Junction, Ilorin, Kwara State

12.

Enugu

Agriculture

June 10 –

11

Bridge Waters Hotel, Plot C/2B, Garden Avenue, GRA, Enugu, Enugu State

13.

Lagos

Manufacturing

June 10 –

11


14.

Lagos


June 24 –

25


15.

Akure

Tax Practice

June 24 -

25

Royal Birds & Towers, Alagbaka Quarters, Akure, Ondo State

16.

Kano

Tax Practice

July 08

–

09

Chilla Luxury Suites, No.110, Audu Bako Way Kano, Kano State

17.

Lagos

Islamic Finance

July 08 –

09


18.

Owerri


July 23 –

24

Maranatha Suites, 5, Maranatha Avenue, Plot SH/24, Commercial District G. Owerri, Imo State

19.

Lagos

Energy

July 23 –

24


20.

Calabar

Tax Practice

July 29 –

30

AXARI Hotel, By Winners Way, Mutala Mohammed High Way, Calabar Cross Rivers State

21.

Lagos

Telecommunications

July 29 –

30


22.

Warri

Tax Practice

August 05 -

06


23.

Abuja

Agriculture

August 05 -

06


24.

Benin

Capital Market

August 12 -

13

Uyi Grand Hotel & Suites, 35, Aideyan Street, Off Ihama Road, GRA, Benin City, Edo State

25.

Lagos

Not-

for-Profit-Organisations

August 12 –

13


26.

Lagos


August 26 –

27


27.

Abeokuta


August 26 –

27

Continental Suites Hotel, IBB Boulevard, Ibara Abeokuta, Ogun State

28. Kaduna Tax Practice September 02 – 03 Hotel Seventeen, 6, Tafawa Balewa Way, Lafiya Road, Kaduna State

29. Lagos Oil and Gas September 02 - 03 Lagos Airport Hotel, Ikeja, Lagos

30. Lagos Insurance September 23 – 24 Lagos Airport Hotel, Ikeja, Lagos

31. Asaba Information Technology September 23 – 24Orchid Hotel, Plot 43, DBS Road, By Deputy Governor’s Office, Asaba, Delta State

32. Lagos Tax Practice October 07 - 08 Lagos Airport Hotel, Ikeja, Lagos

33. Lagos Agriculture October 21 - 22 Lagos Airport Hotel, Ikeja, Lagos

34. Lagos Banking October 28 – 29 Lagos Airport Hotel, Ikeja, Lagos

35. Awka Tax Practice October 28 – 29King David Hotel Ltd 46, Regina Caell Raod, Off Enugu-Onitsha Express Road, Awka, Anambra State.

36. Ibadan Consultancy November 04 - 05 Venue to be determined

37. Lagos Capital Market November 04 - 05 Lagos Airport Hotel, Ikeja, Lagos

38. Port Harcourt Consultancy November 04 – 05Landmark Hotels Ltd, 4, Worlu Str., Off Olu-Obasanjo Road, D/LinePort Harcourt, Rivers State

39. Abuja Not- for-Profit-Organisations November 19 - 20 Venue to be determined

40. Lagos Happiness and Positivity December 02 - 03 Lagos Airport Hotel, Ikeja, Lagos

41. Lagos Accountancy, Audit & Insolvency December 09 - 10 Lagos Airport Hotel, Ikeja, Lagos

Note: A change in seminar date/venue would be communicated to members via e-mail, SMS and on the Institute's website at least a week to the programme.

Credit Hours: 15 units

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2. July 22 - 23 LEVERAGING FINANCE AND TECHNOLOGY FOR BUSINESS SUCCESS 3.

September 23 -

24

GROWTH STRATEGIES FOR SMALL AND MEDIUM PRACTICES (SMPs)

4. November 25 – 26 TRANSFORMATIONAL LEADERSHIP FOR ORGANISATIONAL SUCCESS

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CONTINUING DEVELOPMENT PROGRAMME (CDP)Venue: To be Determined

Pre-payment (a week before) On seminar day (corporate cheque or bank draft)

Members N35,000 N40,000 Non-Members N40,000 N45,000

Fee:


Venue: Sheraton Lagos Hotel & Towers Mobolaji Bank Anthony Way Ikeja, Lagos.


Pre-payment (a week before) On seminar day (corporate cheque or bank draft) Members N80,000 N85,000 Non-Members N85,000 N90,000

Fee:


1. June 03 – 04 INTEGRATED REPORTING: DRIVING SUSTAINABLE VALUE -BASED GROWTH

2.

August 12 –

13

FINTECH DISRUPTIONS IN THE DIGITAL ECONOMY: THE FUTURE OF FINANCE AND INVESTMENT FOR COMPANIES

3. October 28 – 29

THE 4TH

INDUSTRIAL REVOLUTION AND THE CHALLENGE OF INNOVATION 4. December 02 - 03 DATA ANALYTICS FOR EXECUTIVES: DATA -DRIVEN DECISION MAKING

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SYNOPSISContinuing Development Programme (CDP) is designed to equip participants with an understanding of contemporary issues, finance and technology.

Participants will also gain an insight into transformation leadership and how to implement growth strategies for SMPs.

Learning OutcomesAt the end of the session, participants should be able to:

· explain the concept of disruptive innovation.

· discuss the impact of disruptive technology in accounting .

· analyse the use of big data and analytics in accounting

· apply the design thinking framework as a structured process in service delivery

· The Concept of Disruptive Innovation

· The Innovation Imperative: Thinking Like a Disruptor

· Impact of Disruptive Innovation on Accounting Profession

· Adapting Business Processes to Disruptive Innovation

· Case Study

THEME 1: DISRUPTIVE INNOVATION: OPPORTUNITIES FOR THE ACCOUNTING PROFESSION

LEVERAGING DISRUPTIVE INNOVATION FOR ORGANISATIONAL GROWTH

PAPER 1

Content

PAPER 2

Content

THE IMPACT OF DISRUPTIVE TECHNOLOGIES ON ACCOUNTING

· Disruptive Technologies: Definition and Types

· Disruptive Technology Drivers in the Accounting Profession

· Digital Technologies - Opportunities for Accounting Profession

· Chal lenges in Leveraging Disruptive Technologies

· Case Study

CONTINUING DEVELOPMENT PROGRAMME (CDP)

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PAPER 3

ContentANALYTICS AND BIG DATA FOR ACCOUNTANTS

· Big Data and Analytics: Concept and Trends

· Big Data in Accounting

· Relating Data to Return on Investment, Financial Values, and Executive Decision Making

· Visualising and Presenting Complex Results

· Case Study

PAPER 4

ContentDRIVING INNOVATION THROUGH DESIGN THINKING

· Key Concepts and Principles of Design Thinking

· Design Thinking Framework

· The Mindsets of a Design Thinker

· Leveraging Design Thinking in Developing Accounting Services

· Case Study

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THEME 2LEVERAGING FINANCE AND TECHNOLOGY FOR BUSINESS SUCCESSLearning OutcomesAt the end of the session, participants should be able to:

· explain the key factors required to attract finance for business.

· identify useful data sources and its application for business success

· develop strategies for digital business

· discuss business without borders

PAPER 1

Content

PAPER 2

Content

OPTIMISING BIG DATA FOR BUSINESS SUCCESS

HARNESSING DIGITALISATION OPPORTUNITIES

· The Concept of Big Data

· The Data Management Revolution

· Principles of Data Analysis

· Leveraging Data for Business Success

· Case Study

· Managing Crisis with Clients and Regulators

· Identify the most Probable Crises and Assess their Potential Impact

· Form a Crisis Management Team

· Develop a Crisis Response Plan

· Managing Risks in SMPs

· Case Study

PAPER 3

Content

PAPER 4

Content

BUSINESS WITHOUT BORDERS – TAPPING INTO THE GLOBAL MARKET PERSPECTIVES

ENVIRONMENTAL SCANNING FOR BUSINESS SUCCESS

· The Global Village and Market Place

· Leveraging Technology to Build Global Networks

· Operating a Virtual Workplace

· Culture and Global Mobility

· Case Study

· The Nigerian Business Environment

· Governance and Ethics

· Succession Planning

· Employee - Ownership Mindset

· Case Study

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THEME 3GROWTH STRATEGIES FOR SMALL AND MEDIUM PRACTICES (SMPs)Learning Outcomes At the end of the session, participants should be able to:

· discuss business growth opportunities for SMPs

· identify emerging opportunities for SMPs

· explain the SMP credit analysis process

· provide support to SMPs in building sustainable businesses

PAPER 1

Content

PAPER 2

Content

STRATEGIC BUSINESS GROWTH: THRIVING IN DISRUPTIVE TIMES

EXPLORING EMERGING OPPORTUNITIES IN SMALLAND MEDIUM PRACTICE (SMP) SPACE

· Strategic Business Growth Concepts

· Managing Change in Disruptive Times

· Backward and Forward Integration

· Strategy Execution: Issues and Prospects

· Adapting to a Rapidly Changing World

· Case Study

· The Nigerian SMP Ecosystem

· Freelancing and Gig Economy for SMPs

· Business Development Strategy for SMPs

· Data Analysis and Customer Engagement for SMPs

· Case Study

PAPER 3

Content

PAPER 4

Content

SMALL AND MEDIUM ENTERPRISES (SMES) CREDIT ANALYSIS FOR SMALL AND MEDIUM PRACTICES (SMPs)

SUSTAINABLE FRAMEWORK FOR SMALL AND MEDIUM PRACTICES (SMPs) IN NIGERIA

· SME Business Profiling for SMPs

· Financial Analysis of SMEs by SMPs

· SMEs Credit Rating System

· Writing SME Bankable Business Proposals

· Case Study

· The Concept of Business Sustainability

· Characteristics of Successful SMPs in Nigeria

· Business Sustainability KPIs for SMPs

· SMPs -Sustaining an Entrepreneurial Edge

· Case Study

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THEME 4TRANSFORMATIONAL LEADERSHIP FOR ORGANISATIONAL SUCCESS

EFFECTIVE LEADERSHIP IN AN ORGANISATION

LEADERS AND CHANGE MANAGEMENT


· describe the importance of effective leadership in an organisation

· discuss the role of leaders as change agents

· use emotional intelligence as an effective leadership tool

· identify and provide solutions to leadership issues and challenges

· Leadership as a Process

· Transformational Leadership in the Global Economy

· Characteristics of Transformational Leaders

· 360 Degree Leadership

· Skills and Competencies of Effective Leaders

· Case Study

· Principles of Change Management

· Change Management Process and Models

· Leadership and Culture

· Leaders Make Change Work

· Case Study

PAPER 1

Content

PAPER 2

Content

PAPER 3

Content

PAPER 4

Content

LEADING WITH EMOTIONAL INTELLIGENCE (EI)

LEADERSHIP: MANAGING PEOPLE FOR STRATEGIC ADVANTAGE

· Concept of EI

· The Development of EI

· Benefits of EI

· Mastering EI for Effective Leadership Impact

· Case Study

· Effective Communication

· Working with Diverse Personalities

· Coaching and Mentoring

· Delegation and Employee Empowerment

· Case Study

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THEME 1

INTEGRATED REPORTING: DRIVING SUSTAINABLE VALUE-BASED GROWTH

SYNOPSIS

Integrated reporting has rapidly gained considerable prominence in both public policy and organizational

practices even though it is a relatively new area. This has been informed by the rate of globalisation, digitalisation

and the dynamic business environment which have forced corporate executives to think in terms of profit, people

and the planet, thus, countering alleged criticism of contemporary financial reporting.

The 2020 EMCPD topics have been designed to equip participants with the necessary knowledge and skills to

understand integrated reporting in order to drive sustainable value-based growth in organisations.

Learning Outcomes

At the end of the session, participants should be able to:

· explain integrated reporting and the capitals

· discuss integrated thinking and its components

· discuss measures to manage dialogue and stakeholder engagement

· develop strategies to manage the link and trade-offs between financial and other capitals

· identify measures to mitigate integrated reporting implementation challenges

· develop suitable criteria for assuring integrated reports

· discuss the future of integrated reporting and assurance


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PAPER 1

Content

PAPER 2

Content

INTEGRATED REPORTING AND THE SIX CAPITALS

MANAGING THE LINK AND TRADE-OFFS BETWEEN

FINANCIAL AND OTHER CAPITALS IN BUSINESS

MODEL

· Integrated Thinking(Process, Drivers and

Hindrances)

· Concept of Integrated Reporting

· Content Elements of Integrated Reporting

· The Six Capitals and the Future Determinants of

the Trust of Integrated Reporting

· Case Study

· Concept and Value of a Business Model

· The Imperatives of Capitals in Business Models

· Linking Financial and other Capitals in Business

Model

· Value Creation and the Capitals

· Managing the Trade-offs between Financial and

Other Capitals in Practice

· Case Study

PAPER 3

Content

PAPER 4

Content

PRACTICAL CHALLENGES OF INTEGRATED REPORT

IMPLEMENTATION

ASSURING INTEGRATED REPORTS

· Transitioning from Traditional Annual Report to

Integrated Report

· Applying the Concept of Materiality in Integrated

Reporting

· Ownership of Compiling Integrated Reports

· Interaction with the Board of Directors

· Credibility and Assurance of Information in

Integrated Reports

· Planning and Coordination of Integrated

Reporting Process

· Case Study

· Benefits of Assuring Integrated Reports

· Developing Suitable Criteria for Assuring Factual

and Qualitative Disclosures in Integrated Reports

· Extant Challenges in Assuring Integrated Reports

· Mitigating the Challenges of Assuring Integrated

Reports

· Future of Integrated Report Assurance

· Case Study

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THEME 2

FINTECH DISRUPTIONS IN THE DIGITAL ECONOMY: THE FUTURE OF FINANCE AND INVESTMENT FOR

COMPANIES

EVOLUTION OF THE FINTECH DISRUPTION IN THE BANKING INDUSTRY

SYNOPSIS

For nearly a decade, banks have faced an unprecedented array of challenges, with shrinking revenues and intense

pressure from customers and regulators. Compounding this tough environment is a powerful new force that has

emerged to challenge banks - Financial Technology (FinTech) firms. These innovative startups are striving to take

a share of financial services customers, products and revenues.

The 2020 Executive Mandatory Continuing Professional Development programme is designed to acquaint

participants with the nature of business and economic disruptions that will result from activities of Financial

Technology (Fintech) companies to enable them position themselves for the opportunities and challenges that

will result from the fintech disruptions.

Learning Outcomes


· appraise the challenges of online, mobile & virtual currencies

· discuss the impact of fintech, remtech, regtech, blockchain and cryptocurrencies on the financial services

industry and their implications for corporates

· adapt their finance and investment strategies to the new developments

· The Evolution of Fintech

· Overview of Fintech Concepts

· The Concept of Fintech Disruption

PAPER 1

Content

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· Fintech Disruption of Traditional Banking Models

· How Banks can respond to the Threat of Disruption

· Embedding Fintech in the Banking Ecosystem

· Fintech in the Future of Banking

· Obstacles to the Consideration and Purchase of Fintech Services

· Partnership between Banks and Fintechs for Better Services to Customers

· Case Study

· The Traditional Image of the Accountant

· The Key Drivers of Change

· The Fintech Landscape

· Digital Transformation of Accounting and Finance

· How Fintech Changes the Accountants’ Job

· When Fintech Meets Accounting: Opportunities and Risks

· Becoming a Digital Accounting Firm

· Case Study

PAPER 2

Content

HOW FINTECH IS TRANSFORMING THE ROLE OF ACCOUNTANTS

PAPER 3

Content

PAPER 4

Content

THE EVOLUTION OF MOBILE MONEY IN DEVELOPING ECONOMIES

B L O C KC H A I N A N D D I S T R I B U T E D L E D G E R TECHNOLOGIES

· Definition of Mobile Money· Evolution of Mobile Money Technology· Mobile Money and Payments: Technology Trends· The Mobile Money Ecosystem· Actors in the Mobile Money Ecosystem· Success Drivers of Mobile Money in Developing

Economies· How Mobile Money will Change the Developing

World· Mobile Money in Nigeria· Case Study

· Definition of Blockchain and Cryptocurrencies · The Evolution of Blockchain · Bitcoin Relaltionship with Blockchain · Distributed Ledger Technologies· Blockchain Security Concerns and Transaction

Protection· Blockchain Mining· The Concept of Smart Contracts· Some Business Domains affected by Blockchain · Blockchain SWOT Analysis· Case Study

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THEME 3THTHE 4 INDUSTRIAL REVOLUTION AND THE CHALLENGE OF INNOVATION

THIMPACT OF THE 4 INDUSTRIAL REVOLUTION ON BUSINESS, ECONOMY AND THE HUMAN ECOSYSTEM

SYNOPSIS The emerging disruptive age characterized by scientific and technological breakthroughs namely, blockchain technology, 3-D Printing, Drones, Artificial Intelligence and Autonomous and Semi-Autonomous machines are continually changing and reshaping human existence including global business and economic landscape. This era aptly depicted as the Fourth Industrial Revolution, while potentially enhancing quality for human existence, has also posed a greater innovative challenge to business leaders and individuals with the risk of surviving in a more competitive business environment.

The 2020 EMCPD programme is designed to equip business managers with strategies to ensure that their business policies, norms and standards are able to keep up with these rapidly evolving Technologies consequently enhancing their innovative ideas and survival strategies.


· discuss the characteristics of industrial revolutionsth· enumerate the exponential disruptive technologies of the 4 : industrial revolution

th· discuss the opportunities and challenges of the 4 industrial revolutionth· identify the impact of 4 industrial revolution on business, society and the entire human ecosystem

th· explain some innovative and survival strategies necessary in the 4 industrial revolution

th· Evolution of the 4 Industrial Revolution

th· Emerging Business Development occasioned by the 4 Industrial Revolution

th· Potential Impacts of the 4 Industrial Revolution on Business, Economy and Human Ecosystem

· Case Study

PAPER 1

Content

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PAPER 2

Content

PAPER 3

Content

DISRUPTIVE TECHNOLOGIES AND CAPACITY TH

BUILDING FOR THE 4 INDUSTRIAL REVOLUTION (IR)

THTHE 4 INDUSTRIAL REVOLUTION: INNOVATIVE OPPORTUNITIES AND CHALLENGES

th· 4 Industrial Revolution and the Future of Business

th· Key Disruptive Technologies associated with the 4

IR

· Capacity Building Strategies and Requirements for th

the 4 Industrial Revolutionth· Potential Off-Takes for early Starters in the 4 IR

· Case Study

· From the Industrial Age to the Machine Learning/Artificial Intelligence Age

· Potential Business Trajectories and Innovative thOpportunities in the 4 IR

th· Challenges of Innovation in the 4 Industrial Revolution

· The Role of Business Executives in Shaping Better thWorld in the 4 IR

· Case Study

PAPER 4

Content

T HSURVIVAL GUIDE FOR THE 4 INDUSTRIAL REVOLUTION -THE ROLE OF THE ACCOUNTANT

th· Overview the 4 IR

· Competitive Imperatives of Adopting Disruptive thTechnologies Associated with the 4 IR

· Developing Effective Strategies for Business th

Survival in the 4 IRth· Building the Right Workforce Capacities in the 4 IR

· The Accountant as the Strategic Vanguard in meeting the Challenges of Innovations and

thContaining the Risks Associated with 4 IR

· Case Study

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THEME 4DATA ANALYTICS FOR EXECUTIVES: DATA-DRIVEN DECISION MAKINGSYNOPSIS Corporate entities operating in the globalized, challenging and digital age, require the ability to drive strategy and performance through methodical exploration of metrics and data. Business analytics is a rapidly-growing area with far-reaching value to a company's bottom line and growth potential.

The 2020 EMCPD programme is designed to develop the insight and knowledge of business executives to leverage analytics in enhancing decision making and deliver value to stakeholders


· discuss the concept and methods of data modeling and analytics

· appreciate the value of data and data analytics to business

· develop appreciation of artificial intelligence/machine learning and big data analytics

· discuss the gain and use insights from business and customer data

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PAPER 1

Content

PAPER 2

Content

DATA ANALYTICS, VISUALISATION AND BUSINESS INTELLIGENCE

BIG DATA AND INFORMATION TECHNOLOGY MANAGEMENT

· Overview of Data Analytics, Visualization and Business Intelligence

· Data Analytics Tools and Techniques

· Statistical Pattern Analysis for Decision Making

· Customer and Product Profi l ing using Classification and Clustering

· Analysis of Demographics for Decision Making

· Demand/Supply Management using Predictive Models

· Case Study

· Digital Technology Methods and Frameworks

· Digital Enterprise Architecture Models: Focus on Data Modelling and Cloud Architecture

· Big Data – Technology Strategy and Architecture

· Emerging Big Data and Big Data Analytics Technology

· Case Study - ERP– CRM– SCM

PAPER 3

Content

PAPER 4

Content

DATA MINING

MACHINE LEARNING FOR ACTIONABLE ANALYTICS

· Database Concepts

· Data Modeling and Structures

· Pattern Recognition, Statistics and Data Mining

· Artificial Intelligence in Data Analytics

· Case Study

· Concept of Machine Learning

· Evolution of Machine Learning

· Machine Learning Algorithms

· Business Value of Machine Learning

· Case Study

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SYNOPSISThe need to improve the quality of Financial Reporting and strengthen corporate governance necessitates the regular review of accounting and Audit practices. Practitioners are required to undertake refresher courses on contemporary developments to provide quality services to their clients and employers.

Consequently, the topics for this sector 2020 MCPD have been carefully selected to update the skills of Chartered Accountants in these areas.

PAPER 1

Content

THE FUTURE OF AUDIT PROFESSION: IMPACT OF DIGITAL AUDIT TOOLS IN DELIVERING AUDIT SERVICELearning Outcomes At the end of the session, participants should be able to:

· identify emerging technologies in delivering audit service such as Robotic Process Automation (RPA), Drones and others

· discuss the impact of digital tools in delivering audit service

· discuss how emerging technologies contribute to improving audit efficiency

· discuss the fact that the current International Standards on Auditing (ISAs) focus on auditing based on samples

· explain the need to update ISAs to reflect the effect of emerging technologies in delivering audit service

· Overview of Emerging Technologies in Delivering Audit Service

· Impact of Digital Tools in Delivering Audit Service

· Improving Audit Efficiency using Emerging Technologies

· Focus of the Current ISAs on Audit Based on Samples

· The Needs to Update ISAs to Reflect the Effect of Emerging Technologies

· Case Study

ACCOUNTANCY, AUDIT & INSOLVENCY SECTOR

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PAPER 4

Content

· Overview of emerging global trends in the process of receivership and liquidation of corporate entities.

· Types and processes of winding up and liquidation of corporate entities under CAMA Cap C20, LFN 2004

· Overview of Bankruptcy Act Cap B2 LFN 2004 · Key knowledge and resource requirements for

auditing and reporting on entities under liquidation · Case study

Learning Outcomes At the end of the session, participants should be able to:· identify social, environmental and ethical reporting

tools · discuss sustainability reporting · evaluate the framework for measuring social,

environmental and ethical reporting for purposes of financial statements

· Social, Environmental and Ethical Reporting Tools· Sustainability Reporting· Framework for Measuring Social, Environmental and

Ethical Reporting for Purposes of Financial Statements

· Case Study

EMERGING ISSUES IN CORPORATE REPORTING

PAPER 2

Content

PAPER 3

THE CHANGING FACE OF FRAUD PERPETRATION AND MANAGEMENT: THE ROLE OF AUDITORS

LEGAL PROCESSES IN INSOLVENCY

Learning Outcomes At the end of the session, participants should be able to:· explain the different methods of fraud perpetration· recognise the symptoms of fraud· develop evidence gathering skills · discuss challenges faced by auditor in the course of

fraud investigation

· Fraud Typologies· Fraud Risk Assessment and Anti-fraud Policy· Planning for Fraud Investigation · Challenges Faced by Auditors in the Course of Fraud

Investigation· Identification of Indicators of Fraud· Developing Evidence Gathering Skills · Case Study

Learning Outcomes At the end of the session, participants should be able to:· identify emerging global trends in the process of

receivership and liquidation of corporate entities· discuss types and processes of winding up and

liquidation of corporate entities under CAMA· explain the key issues in Bankruptcy Act Cap B2, LFN

2004· evaluate key knowledge and resource requirements

for auditing and reporting on entities under liquidation

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SYNOPSIS The Nigerian agriculture sector is replete with diverse opportunities as well as challenges; being able to deal with these challenges will drive agricultural development and expand export.

Thus, the 2020 MCPD is designed to acquaint participants with the knowledge to develop and package agricultural products for local and export markets.

PAPER 1

Content

PRODUCT DEVELOPMENT, PACKAGING AND MARKETING OF AGRICULTURAL PRODUCTS FOR EXPORTLearning Outcomes At the end of the session, participants should be able to:· demonstrate basic knowledge and skills in product

development, packaging and marketing· evaluate access to both local and international

markets for agricultural products.· review practical approaches to starting export

business in Nigeria· discuss major challenges and opportunities in

exportation of agricultural product in Nigeria

· Overview of Agricultural Products Development, Packaging and Marketing

· Assessing Agricultural Products Markets Locally and Internationally

· Challenges and Opportunities in Agricultural Products Export

· Measures put in Place by the Federal Government of Nigeria in encouraging Exportation of Agricultural Products and Effects on the Economy

· Case Study

Learning Outcomes At the end of the session, participants should be able to:

· describe value chain in agribusiness

· identify structure of various Agriculture-based value chain

· gain insights into the respective actors' roles in the value chain

· develop strategies to overcome constraints in Agribusiness value chain

· describe value chain financing

PAPER 2EXPLORING VALUE CHAIN IN AGRIBUSINESS

AGRICULTURE SECTOR

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PAPER 3

Content

· Overview of Value chain in Agribusiness

· Role of Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL)

· Insights into the respective Actors' Roles in the Value Chain

· Strategies to overcome Constraints and Increase Competitiveness

· Value Chain Financing

· Case Study


· discuss the concepts of climate change

· explain the impact of climate change on agribusiness

· identify strategies to mitigate the impact of climate change

· Overview of Climate Change

· Keeping Weather Records and Instruments

· Causes of Climate Change and its Effects on Agribusiness

· Strategies for Mitigating the Effects of Climate Change

· Case Study

STRATEGIES FOR MITIGATING THE EFFECTS OF CLIMATE CHANGE ON AGRIBUSINESS

PAPER 4

Content

D E V E L O P I N G M O D E R N T E C H N I Q U E S F O R SUSTAINABLE AGRICULTURE Learning Outcomes At the end of the session, participants should be able to:

· define goals of sustainable food production

· explain the importance and use of new technology

· discuss the effect of modern tools for food production

· describe roles of the Federal Government of Nigeria in ensuring effective adoption of new technology for sustainable farming system in Nigeria

· Overview of Sustainable Farming System

· Goals of Sustainable Food Production

· Uses of Technology in Agriculture

· The Roles of Federal Government in ensuring Sustainable Farming System in Nigeria

· Case Study

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SYNOPSISThe increasing pace of technological change means that consultants' recommendations are out of date nearly as soon as they are made. Disruptive innovation therefore provides simpler or more elegant solution to existing problems, enabled by new technology and often at a lower cost.

The 2020 ICAN MCPD consulting topics are designed to acquaint participants with leading issues and emerging business models in consulting business.

PAPER 1

Content

DISRUPTIVE INNOVATION IN CONSULTING SERVICES:

LEADING ISSUES

Learning Outcomes


· recognise the disruptions in consulting services

· appraise the emerging trends reshaping the

consulting business in the global economy

· discuss disruptions currently impacting consulting

services

· identify technology enablers for consulting services

· Consulting Industry Susceptibility to Innovative

Disruptions

· Emerging Issues in Innovative Consulting

· Emerging Disruptions Impacting the Consulting

Industry (Transformative Expertise, Radical

Intelligence, Scalability of Techniques and Tools,

Democratisation of Knowledge Assets, and

Collaborative Ecosystem)· Consulting 4.0 - A Disruptive Enabler in Consulting

Business. · Case Study

Learning Outcomes At the end of the session, participants should be able to: · appraise the traditional consulting industry in the

context of its labour intensiveness and knowledge commoditisation

· discuss the emerging business models in consulting business

· develop strategies for leveraging consulting premiums using new business models

· apply next generation technologies in reshaping their consulting practice

PAPER 2EMERGING BUSINESS MODELS IN CONSULTING

CONSULTANCY SECTOR

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PAPER 3

Content

· Overview of Traditional Consulting Industry--The Changing Nature of Consulting Business

· Contemporary Business Models in Consulting - Multi-Sourcing, Offshoring, Premium Hiring

· Capacity Building Strategies in Contemporary Consulting Business Models

· Next Generation Technologies—Cloud Support, Virtualization, IoTs/IoEs, Robotics and AI Applications

· Case Study

Learning Outcomes At the end of the session, participants should be able to:§ recognise the need for building effective proposals

that win businesses§ identify the appropriate framework and structure of

effective consulting proposals§ discuss the technique and language of winning

consulting proposal§ appraise the value of premium information in

effective business proposals

· Client satisfaction in Consulting Business - Key Components

· Approaches to Measuring Clients Satisfaction

DEVELOPING SUCCESSFUL CONSULTING PROPOSALS: BEST PRACTICES AND GUIDELINES

(Commercial, Expertise, Relationship, Delivery Posture, Project Management, Impact)

· Feedback and Feed-Forward System in Customer Satisfaction Measurement

· Effective KPIs in Measuring Consulting Service

· Case Study


· recognise the relevance of LEAN thinking in consulting services

· evaluate suitable LEAN tools in delivering consulting assignments

· apply appropriate LEAN tools in consulting assignments

· discuss impact of LEAN thinking in consulting business

· eliminate waste and create wealth in consulting service

· Overview of LEAN Technique as an Advanced Management Technique

· LEAN Tools—VSM, TPM, KAIZEN, KANBAN, etc.

· The Paradox of “Outside-in, Bottom-up”

· Lean Thinking and Rewards

· Waste Elimination and Wealth Creation using LEAN

· Case Study

PAPER 4

Content

LEAN THINKING IN CONSULTING SERVICE: ELIMINATING WASTE AND CREATING WEALTH

“The Way of Success is the Way of Continuous Pursuit of Knowledge” -Napoleon Hill

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SYNOPSISThe entrepreneurship sector is focusing on MSMEs as the bedrock of Nigeria's industrialisation and inclusive economic development; and the most important component of industrialisation as set out in Economic Recovery and Growth Plan.

The 2020 MCPD programme provides information and tools required to build successful and sustainable business enterprises despite current challenges.

PAPER1

Content

EMERGING TRENDS IN MICRO, SMALL AND MEDIUM

ENTERPRISES (MSMEs) DEVELOPMENT IN NIGERIA

Learning Outcomes


— discuss recent developments in the MSME

Landscape

— explain institutional support structures for MSMEs

— evaluate government and private sector

intervention programmes promoting MSMEs

— identify success tools and techniques for future

entrepreneur

— Overview of MSMEs in Nigeria

— Contemporary Developments in the MSME

landscape

— Institutional Support Structures for MSMEs

— Government and Private Sector Intervention

Programmes for MSMEs

— Tools and Techniques for Future Entrepreneur — Case Study


· explain the business model canvas

· discuss the 7Ps of marketing for customer acquisition on cyberspace

· examine the use of digital marketing for customer acquisition and retention

· evaluate the changing expectations of customers today

PAPER 2SME MODEL FOR VIRTUAL CUSTOMER ACQUISITION AND RETENTION

ENTREPRENEURSHIP SECTOR

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PAPER 3

Content

· Overview of the Business Model Canvas

· Benefits and Challenges of the Business Model Canvas

· Using the 7Ps of Marketing for Customer Acquisition on Cyberspace

· Use of Digital Marketing for Customer Acquisition and Retention

· Meeting the Changing Expectations of Customers

· Case Study

Learning Outcomes At the end of the session, participants should be able to:— identify techniques for MSMEs recruitment— discuss productivity improvement through

employee engagement— evaluate techniques for career progression and

motivating employees — explain the importance of compliance with relevant

statutory requirements

· Techniques for MSMEs Recruitment

· Increasing Productivity through Effective Employee Engagement

· Addressing Career Progression Concerns in a Small Business

GETTING THE BEST FROM EMPLOYEES: A CASE FOR MSMEs

· Motivating employees for Peak Performance

· Compliance with Relevant Statutory Requirements

· Case Study

Learning Outcomes At the end of the session, participants should be able to:— describe entrepreneurial process for a successful

enterprise — develop optimised business models for resilient

MSMEs — appraise techniques for succession planning and

continuity in MSMEs — explain the pitfalls and solutions for MSMEs

— Entrepreneurial Process for Business Success— Identification and Implementation of Enduring

Business Models— Planning for Succession and Continuity— MSMEs Pitfalls and Solutions — Case Study

PAPER 4

Content

BUILDING RESILIENT MICRO, SMALL AND MEDIUM ENTERPRISES (MSMEs)

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ENERGY SUB-SECTOR

SYNOPSISAdequate power supply is a prerequisite to any nation's development, and electricity generation, transmission and distribution are capital-intensive requiring huge investment. In the prevailing circumstances in Nigeria where funds availability is becoming a problem, creative and innovative solutions are necessary to address the energy supply problem. The 2020 MCPD Energy sub-sector has been designed to equip participants with the knowledge and skills required to address the multifaceted challenges in the sector.

PAPER 1

Content

TRANSFORMING NIGERIA'S ENERGY LANDSCAPE THROUGH EFFECTIVE PROJECT MANAGEMENTLearning Outcomes At the end of the session, participants should be able to:

· discuss the Nigeria energy landscape

· describe project management in the Energy sector.

· explain effective project management techniques applicable to the power sector in Nigeria.

· describe project management constraints in the power sector

· Overview of the Nigerian Power Sector and Transformation Journey So Far

· Regulatory Framework in the Power Sector

· Project Management Fundamentals (Cost, Quality, Risk, Expertise and Time) and Project Lifecycle

· Opportunities and Challenges in Managing Energy Projects in Nigeria

· Benefits of Effective Project Management · Case Study

Learning Outcomes At the end of the session, participants should be able to:· identify different types of power sector tariff· descibe the concept of cost reflective tariff· discuss the differences between cost reflective tariff

and subsidised tariff

· identify phases of tariff regimes in the power sector

· evaluate the benefits of cost reflective tariff

PAPER 2COST REFLECTIVE TARIFF AND NIGERIA'S POWER SECTOR: CHALLENGES FOR STAKEHOLDERS

EXTRACTIVE INDUSTRY SECTOR

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PAPER 3

Content

— Stakeholders in Nigeria's Power Sector— Power Sector Tariff Regulatory Processes— Reforming the Power Sector Tariff Structure— Cost Reflective Tariff and Tariff Determination

Parameters— Investment Opportunities in the Power Sector— Benefits of Cost Reflective Tariff — Case Study


· discuss the Nigeria electricity supply industry

· distinguish between technical and non-technical losses

· describe possible solutions to minimise losses

— Overview of the Nigeria Electricity Supply Industry— Technical, Commercial and Collection Losses— Metering as a Tool to Minimise Non -Technical

Losses— The Meter Asset Provider Regulation— Case Study

AGGREGATE TECHNICAL, COMMERCIAL AND COLLECTION LOSSES: METER ASSET PROVIDER AND THE METERING GAP

PAPER 4

Content

UNLOCKING CONSULTING OPPORTUNITIES IN THE ENERGY SECTORLearning Outcomes At the end of the session, participants should be able to:

· discuss the energy sector business operating model

· describe the peculiarities of the energy business in Nigeria

· discuss the regulatory environment in Nigeria

· identify the challenges confronting the energy sector

· identify consulting opportunities and skills requirement for the sector

· Overview of the Energy Sector in Nigeria

· Governance and Regulatory Requirements

· The Key Business Challenges in the Sector

· Consulting Opportunities in the Energy Value Chain

· Consulting Skills and Competency Requirements in the Energy Sector

· Case Study

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OIL AND GAS SUB-SECTOR

SYNOPSISThe Oil and Gas sector is very dynamic due to changes in the economic and political environment which impact production and overall output. Accountants and finance professionals therefore need to keep up with the changes to remain relevant and drive positive changes for the improvement of activities in the Oil and Gas space.

The 2020 MCPD programme has considered topics necessary to sharpen participants' skills and ensure that they are relevant in driving change and achieving great results for their firms.

PAPER 1

Content

CRITICAL CONSIDERATIONS FOR DECOMMISSIONING AND ABANDONMENT PROGRAMMESLearning Outcomes At the end of the session, participants should be able to:— explain the concept of decommissioning and

abandonment— identify typical regulatory considerations for

decommissioning and abandonment — highlight the commercial, financial reporting and tax

implications of decommissioning and abandonment — describe practical examples of the causes and effects

of a failed decommissioning programme

— Overview of Decommissioning and Abandonment in the Oil and Gas Value Chain

— Regulatory Considerations for Decommissioning and Abandonment

— Financial Reporting and Tax Implications of Decommissioning

— Commercial Implications of Decommissioning during Asset Transfers— Best Practices on Decommissioning in other

Jurisdictions— Case Study

Learning Outcomes At the end of the session, participants should be able to:— illustrate the gas value chain— discuss the roadmap for gas development in Nigeria— identify factors that impact gas development in

Nigeria— interpret the economic indicators that drive

performance in gas production

PAPER 2PROSPECTS AND CHALLENGES OF GAS DEVELOPMENT IN NIGERIA

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PAPER 3

Content

— Overview of Gas development value chain — Nigerian Gas Master Plan— Impacts of Global Gas and Crude Price on Gas

Development in Nigeria— Regulatory and Practical Issues around Third-Party

Access to Evacuation Facilities— Fiscal Inhibitors and Catalysts for Gas Development

in Nigeria— Market Considerations for Gas Development in

Nigeria— Case Study


· discuss the concept of gas flaring

· identify policies on gas flaring, commercialisation and utilisation

· evaluate key considerations for achieving a successful gas commercialization scheme in Nigeria

· discuss carbon pricing initiatives

· Overview of Gas Flaring and Environmental Implications

· Policies on Gas Flaring in Nigeria

GAS FLARING REDUCTION INITIATIVE – TRENDS, ISSUES AND COMMERCIALISATION MECHANISMS

· Dis-Incentivising Gas Flaring through Appropriate Strategies and Sanctions

· Imperatives for a Successful Gas Commercialisation Scheme

· Carbon Pricing Initiatives

· Case Study


· itemise contract types across the oil and gas value chain

· demonstrate essential negotiating skills for an effective agreement

· discuss the importance of review and periodic monitoring of contract performance

· identify indicators of deficient agreements

· Overview of Contract Types in the Oil and Gas Industry

· Elements of Standard Agreements

· Principles of Effective Negotiating Skills

· Essentials of Contract Review, Planning and Monitoring

· Lessons from the P&ID Contract

· Case Study

PAPER 4

Content

CONTRACT STRUCTURING AND NEGOTIATION IN OIL AND GAS INDUSTRY

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BANKING SUB-SECTOR

SYNOPSISThe Nigerian banking environment is not insulated from today's never ending global disruptions created by digital technology, robotics and artificial intelligence. New ways of managing the problem of information asymmetry and risk management are emerging. New regulations by the global community and National jurisdictions have become the way of life to deal with the new risk types and forms. This has brought to focus the urgent need to skill up for relevance in the emerging knowledge world.

The 2020 MCPD topics are chosen to address the identified issues.

PAPER 1DIGITAL TRANSFORMATION: AN IMPERATIVE FOR SURVIVAL OF CONVENTIONAL BANKSLearning Outcomes At the end of the session, participants should be able to:

· describe the global impact of digital disruption phenomenon

· discuss the Fintech incursion into banking

· explain the digital transformation strategies banks can adopt

· discuss the risks in digital transformation strategies and critical success factors

Content

· Overview of Digital Disruption of Businesses

· Fintech Incursion into Banking in Nigeria and around the World

· Five Domains of Digital Transformation (Customer, Competition, Data, Innovation and Value)

· Risks Associated with Digital Transformation and Examples of Failed Digital Transformation Attempts

· Case Study of Successful Digital Transformation e.g. Bank of Singapore

FINANCIAL SERVICES SECTOR

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PAPER 2

Content

PAPER 3

THE INCOME TAX (COMMON REPORTING STANDARDS - CRS) REGULATIONS 2019 – IMPLICATIONS FOR REPORTING IN FINANCIAL INSTITUTIONS)

DRIVING FINANCIAL INCLUSION THROUGH AGENCY BANKING


· explain Financial Institutions implementation and compliance issues with the CRS in Nigeria

· recognise and apply the due diligence procedures relevant for information returns

· discuss the need for global collaboration and cooperation in CRS implementation

· Global Perspectives (Terror Financing) of the CRS

· Scope of the CRS Guidelines in Nigeria

· Contents and Procedures for Compiling the 'Information Return' to be Submitted to FIRS by FIS

· Timelines for Effective Implementation

· Penalties for Non-Compliance


· discuss the extent of financial exclusion in Nigeria

· explain the limitations of existing financial services distribution channels

· describe the concept of agency banking

· discuss the risks associated with agency banking

· Financial Inclusion and Exclusion Map in Nigeria

· The Case for Agency Banking

· Agency Banking Platforms and Services

· Risks Associated with Agency Banking Services

· Case Study


· explain the meaning of ethical governance and its advantages

· discuss major ethical challenges in the Nigerian banking industry

· discuss instruments for the enforcement of ethical conduct in the Nigeria financial system

· Overview of Ethical Governance

· Common Unethical Practices in Nigeria Banks

· Regulatory and Enforcement Instruments against Unethical Practices in Nigeria Financial System

· Case Study

Content

PAPER 4

Content

A CASE FOR ETHICAL GOVERNANCE IN NIGERIAN BANKS

42

2020

MC

PD B

roch

ure

CAPITAL MARKET SUB-SECTOR

SYNOPSISWhile emerging markets have opened up trade opportunity, trading rules have become more complex and competitions more intense. Hence, supply chain risks must be carefully managed to prevent disruptions across borders.

The 2020 MCPD topics focus on the skill requirements to take advantage of the opportunities in the emerging market.

PAPER 1

Content

BUILDING WEALTH MANAGEMENT COMPETENCIESLearning OutcomesAt the end of the session, participants should be able to:

· discuss wealth management as a service offering

· identify the key requirements in setting up wealth management service

· explain the different categories of wealth management services

· evaluate portfolio construction methods

· Overview of Wealth Management

· Types of Portfolio Management

· Portfolio Construction

· Qualifying Asset Classes

· Risk and Mitigation

· Case Study

PAPER 2

Content

EFFECTIVE FIXED INCOME TRADING IN AN EMERGING MARKETLearning OutcomesAt the end of the session, participants should be able to: · discuss the different classes of fixed income

instruments· explain fixed income trading dynamics· identify the risks and mitigants of each fixed income

product· evaluate different fixed income trading platforms in

Nigeria and their peculiarities

· Overview of Fixed Income Instruments· Features, Risks and Mitigants of Fixed Income

Classes· Fixed Income Trading Platforms and Trading

Mechanisms· Fixed Income Trading Strategies· Fixed Income Portfolio Construction· Case Study

2020

MC

PD B

roch

ure

PAPER 3

Content


· identify relevant investment fundamentals to aid decision making

· examine economic policies that impact investment decisions

· discuss risks associated with investment decisions

· evaluate scenarios for appropriate investment decision making

· Overview of Investment Fundamentals/Dynamics

· Earnings Potentials in Relation to Economic, Political and Management Stability

· Risks and Mitigants in Investment Appraisal

· Dividend Payout and Retention Ratio

· Case Study

UNDERSTANDING INVESTMENT FUNDAMENTALS: A CATALYST TO APPROPRIATE INVESTMENT DECISION

PAPER 4

Content

DEVELOPING COMMODITIES TRADING IN AN EMERGING MARKETLearning Outcomes At the end of the session, participants should be able to: § discuss requirements for efficient commodities

exchange§ identify different tradable commodities§ explain the structure of commodities trading§ evaluate the risks of trading in commodities and the

mitigating measures

· Evolution of Nigerian Commodities Exchange

· Requirements for an Efficient Commodities Exchange

· Classes of Tradable Commodities

· Risks and Mitigating Factors in Commodities Trading

· Requirements for Trading on the Commodities Exchange

· Case Study

43

44

2020

MC

PD B

roch

ure

INSURANCE SUB-SECTOR

SYNOPSIS The insurance sub-sector will be dealing with IFRS 17 – which establishes the principles for recognition, measurement, presentation and disclosure of insurance contract and also provide insights into programmed withdrawal and retiree life annuity.

The 2020 MCPD is designed to acquaint participants with required competency to handle emerging issues in the Insurance and pension industries.

PAPER 1

Content

THE INSURANCE INDUSTRY RECAPITALISATION: OPPORTUNITIES AND CHALLENGESLearning OutcomesAt the end of the session, participants should be able to:

· assess the current state of capitalisation of the Nigerian insurance industry

· state the background to the recapitalisation regime

· evaluate the impact of the regulatory framework on insurance business

· Overview of Capitalisation of the Nigerian Insurance Industry

· Imperatives for the Current Regulatory Framework

· Strategies for Sourcing Finance

· Impact of the Recapitalisation Regime on the Insurance Industry

· Case Study

PAPER 2

Content

APPLICATION OF IFRS17 - INSURANCE CONTRACTSLearning Outcomes

· demonstrate understanding of IFRS 17

· develop implementation roadmap in complying with IFRS 17

· describe generally accepted practices for implementation of IFRS 17

· Overview of IFRS 17

· Level of Aggregation of Insurance Contracts

· Guidelines for Developing Implementation Roadmap

· Recognition

· Measurement

· Case Study

45

2020

MC

PD B

roch

ure

PAPER 3

Content

ASSESSING THE GUIDELINES ON PROGRAMMED WITHDRAWAL (PW) AND RETIREE LIFE ANNUITY (RLA)Learning OutcomesAt the end of the session, participants should be able to:

· describe the provisions of the existing regulation

· compare Programme Withdrawal (PW) with Retiree Life Annuity (RLA)

· interprete the usefulness of the retiree's pack

· Background on Retirement Benefits

· Overview of the Revised PW Guidelines

· Overview of the Revised RLA Guidelines

· A Guide on the Use of Retiree Pack

· Benefits of the New Guidelines to Stakeholders

· Case Study

PAPER 4

Content

RISK-BASED PENSION SUPERVISION (RBPS): BENEFITS AND CHALLENGESLearning OutcomesAt the end of the session, participants should be able to:

· state the concept of Risk-Based pension supervision (RBPS)

· enumerate the steps required for risk-based pension supervision

· list the benefits and challenges to stakeholders

· Concept of RBPS

· Preparation for RBPS

· Benefits and Challenges posed by RBPS

· Case Study

46

2020

MC

PD B

roch

ure

ISLAMIC FINANCE SUB-SECTOR

SYNOPSIS Islamic Finance Industry has grown substantially in some parts of the world over the last two decades and has started gaining momentum in Nigeria. The need to develop a robust system with sound knowledge of Islamic economics and governance issues is of high importance.

This year’s topics on Islamic Finance have been designed to develop skills in this area.

PAPER 1

Content

DEVELOPING A ROBUST ISLAMIC FINANCIAL SYSTEM IN NIGERIALearning OutcomesAt the end of the session, participants will be able to:

· discuss the development of Islamic finance in regions of the world

· describe the platforms needed for a robust Islamic financial system

· discuss Islamic financial products

· identify constraints faced by Islamic financial system in Nigeria

· Overview of Islamic Finance

· Platforms for Robust Development of the Islamic Financial system

· Islamic Financial Products

· Benefits and Challenges of Islamic Financial System

· Government Fiscal, Monetary and other Regulatory Policies for Non-Interest Banks in Nigeria

· Case Study

PAPER 2

Content

DEBT AND EQUITY FINANCE UNDER ISLAMIC FINANCIAL SYSTEMLearning OutcomesAt the end of the session, participants will be able to:

· discuss the role of debt and equity finance in Islamic financial system

· explain impacts of modes of finance in Islamic financial system

· identify the frequently used mode(s) of finance and the reasons

· Overview of Debt and Equity Financing under Islamic Financial System.

· Debt and Equity Finance Tools

· Key Islamic Financial Models

· Effects of Promoting Equity Finance Mode

· Risks of Debt and Equity Financing and their Mitigants

· Case Study

47

2020

MC

PD B

roch

ure

PAPER 3

Content

GOVERNANCE IN ISLAMIC FINANCIAL INSTITUTIONSLearning OutcomesAt the end of the session, participants will be able to:

· explain basic principles of corporate and Shari'ah governance.

· identify issues pertinent to corporate and Shari'ah governance.

· discuss corporate and Shari'ah governance standards

· examine and provide solutions on issues of corporate and Shari'ah governance

· Overview of Governance: Corporate and Shari'ah

· Corporate and Shari'ah Governance Framework in Islamic Financial Institutions (IFIs).

· Roles of Corporate and Shari'ah Governance Boards

· Relevant Sections of Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI)

· Case Study

PAPER 4

Content

RISK MANAGEMENT: PRINCIPLES AND BEST PRACTICES

FOR ISLAMIC FINANCIAL INSTITUTIONS

Learning Outcomes

At the end of the session, participants will be able to:

· identify risks in Islamic Financial Institutions

explain Islamic perspectives on risk management.

· discuss challenges of risk management practices in

Islamic Financial Institutions

· Overview of Risk and Uncertainty

· Unique Characteristics of Risks in Islamic Financial

Institutions

· Risk Management in Islamic Financial Institutions

· Challenges of Risk Management in Islamic Financial

Institutions

· Case Study

48

2020

MC

PD B

roch

ure

SYNOPSISThe contemporary world of work is characterised by rapid changes. Business managers have to deal with new and unfolding set of employees' demands and skills, customer expectations and other stakeholders' interests. All these are taking place in an environment that is throwing up issues of conflict, diverse values and principles.

The 2020 GMP is to assist managers cope with these challenges.

PAPER 1

Content

M A N A G I N G W O R K P L A C E C O N F L I C T S F O R ORGANISATIONAL ADVANTAGELearning Outcomes At the end of the session, participants should be able to:

· discuss the dynamics of conflict management

· explain the place of individual behaviour in conflict management

· identify the impact of conflict on business

· develop conflict management strategies

· Conflict Iceberg

· Common causes of Conflicts

· Impact of Conflict: Healthy or Dysfunctional

· Conflict Management Strategies

· Leveraging Organisational Culture towards Positive Conflict Management

· Case Study

PAPER 2

Content

RELATIONSHIP MANAGEMENT IN THE WORKPLACELearning Outcomes At the end of the session, participants should be able to:

· identify the challenges of workplace relationship

· discuss the importance of trust in workplace relationship

· develop implementation plan for conflict resolution

· apply emotional intelligence to improve work relationships

· Working with People: Issues and Challenges

· Relationship Management: Dealing with Attitude

· Interpersonal Skills: the Role of Effective Communication

· The Place of Emotional Intelligence in Relationship Management

· Case Study

GENERAL MANAGEMENT PRACTICE SECTOR

49

2020

MC

PD B

roch

ure

PAPER 3

Content

MANAGING TALENTS FOR RESULTSLearning Outcomes At the end of the session, participants should be able to:

· define talent and its management process

· describe the importance of different talents

· discuss the various elements of talent management

· evaluate talent management role in succession planning model

· Overview of Talent Management

· Talent Identification and Retention Strategies

· Managing the Key-man Risks

· Elements in Talent Management – P.A.D.E.L.A

· Employee Value Proposition – Heartbeat of Talent Management

· Talent Management and the Succession Planning Model

· Case Study

PAPER 4

Content

CAREER TRANSITION MANAGEMENTLearning Outcomes At the end of the session, participants should be able to:

· explain processes of career transition

· describe the steps in career transition

· relate successful career transition to business success

· identify career transition behaviour for succession planning

· Career Transition – An Overview

· Career Transition Models

· Personal Career Plan

· Development of Marketable Personal Brand

· Steps in Career Transition

· Successful Career Transition and Business Success

· Succession Planning in Career Transition Agenda

· Case Study

50

2020

MC

PD B

roch

ure

SYNOPSIS Corporate organisations continued to pursue balance between performance and productive employees in the workplace. A positive mind-set deepens social interaction for improved capacity to deliver value.

The 2020 MCPD is carefully developed to instruct professionals on the required knowledge to lead employee's awareness in the direction of social integration and shared purpose that improves productivity.

PAPER 1

Content

IMPROVING WORKPLACE DYNAMICS AND SOCIAL INTEGRATION THROUGH MENTORINGLearning Outcomes At the end of the session, participants should be able to:

· explain mentorship and how a mentoring relationship is established

· discuss the concept of mentorship and its benefits in the workplace

· describe the dynamics of healthy mentor-mentee relationship in the workplace

· Overview of Mentorship in the Workplace

· Improving Workplace Dynamics through Mentorship

· Attributes of Healthy Mentor-Mentee Relationship

· Developing Workplace Mentoring Programmes

· Benefits of Effective Mentoring Programmes in Organisations

· Case Study


· discuss the concept of social capital

· describe the connection between economic value and social value

· explain the demand of building a community of shared purposes through shared value and strong emotional attachment in an organisation

· employ mutual respect as a tool to increase organisation's capacity to take advantage of diversity

PAPER 2ACCELERATING BUSINESS PERFORMANCE THROUGH SOCIAL CAPITAL

HAPPINESS AND POSITIVITY SECTOR

51

2020

MC

PD B

roch

ure

Content

PAPER 3

Content

· Overview of Social Capital

· Relationship between Economic and Social Value in an Organisation

· Relating how Empathy Lubricates Sociability

· Impact of Social Capital on Business Success

· Communication Strategies for Social Integration in an Organisation

· Case Study


· explain the concept of psychology of gratitude

· discuss the need for gratitude in the workplace

· use the skills to enhance organisational growth and productivity

· evaluate the lessons learnt and recommend actions towards productivity

· Principles of Psychology of Gratitude

· Developing Gratitude as a Culture Towards Organisational Growth and Productivity

· The Risks and Benefits of Gratitude in the Workplace

· Key Actions towards Achieving Organisational Growth and Productivity through the Concept of Gratitude

· Case Study

EXPLORING THE PSYCHOLOGY OF GRATITUDE FOR ORGANISATIONAL GROWTH AND PRODUCTIVITY

PAPER 4

Content

DRIVING ORGANISATIONAL GROWTH THROUGH EMPLOYEES SATISFACTIONLearning Outcomes At the end of the session, participants should be able to:

· relate the dynamics of organisational growth

· appraise environmental challenges towards organisational growth

· identify the link between job satisfaction and organisational performance

· explain organisational growth success in the light of employee satisfaction

· Complexity of Factors that Influence Organisation's Performance

· The Nine Facets of Job Satisfaction Versus Organisation's Commitment

· Employees' Affective/Normative Commitments as Catalyst to Organisational Growth

· Models of Work Motivation for Enhancing Employee Satisfaction

· Approaches to Measuring Job Commitment against Organisational Commitment and Growth

· Case Study

52

2020

MC

PD B

roch

ure

SYNOPSISInnovations in technology have become important backbone for successful businesses in the world today. It is a value-enabler and risk protector for businesses as a whole. Each emerging technology offers different IT solutions, with its own risks and rewards. In this programme, we will introduce the latest technologies and how businesses are using them as a value-enabler and risk protector.

The 2020 MCPD has been designed to acquaint participants with the emerging developments in Information Technology and unveil its impacts on the profession.

PAPER 1

Content


· explain the concept of BEC and Ransom ware attacks

· appraise the impacts of these attacks on Data Privacy

· discuss the current trends in BEC and Ransomware attacks

· discuss methods and tools used by cyber criminals

· describe pre and post incidence measures and explain the reporting responsibilities

· Overview of BEC and Ransomware Attacks in Nigeria and Beyond

SECURING BUSINESSES AGAINST BUSINESS EMAIL COMPROMISE (BEC) AND RANSOMWARE ATTACKS

· Data Privacy Framework – Nigeria Data Protection and Regulation (NDPR)

· BEC and Ransomware Methodology and Tools

· Motives Behind BEC and Ransomware Attacks

· Zero Trust Model and Cyber Resilience

· Case Study


· explain the concept of Artificial Intelligence (AI)

· identify the general business objectives associated with AI

· discuss various applications of AI in business

· evaluate business benefits and risks associated with use of AI

PAPER 2BUSINESS TRANSFORMATION USING ARTIFICIAL INTELLIGENCE (AI)

INFORMATION TECHNOLOGY

53

2020

MC

PD B

roch

ure

Content

PAPER 3

Content

· Overview of Artificial Intelligence

· Application of AI in business

· Opportunities and Challenges of AI Adoption

· Practical Cases of AI and Robotics in Business

· Case Study


· explain the concept of DBMs

· appraise threats and opportunities in DBMs

· discuss competitive advantages of DBMs

· appraise roles of mobile technology and Internet of Things (IoT)

· Overview of DBMs, Mobile Technology and Internet of Things (IoT)

· DBMs Threats and Opportunities

· DBMs Competitive Advantages

· Needed Capabilities for Enterprise Transformation

· Case Study

DIGITAL BUSINESS MODELS (DBMS) – PATHWAY TO SUCCESS

PAPER 4

Content

QUANTUM COMPUTING AND THE FUTURE OF CYBERSECURITY Learning Outcomes At the end of the session, participants should be able to:

· recognise the emergence of Quantum computing

· appraise the business relevance of Quantum Computing and Cybersecurity

· evaluate the business benefits of Quantum Computing

· identify security challenges of Quantum Computing in the business environment

· Overview of Quantum Computing and Cybersecurity

· Challenges and Benefits of Quantum Computing and Cybersecurity

· Forms of Cyber Attack

· Countermeasures in Cybersecurity

· Case Study

54

2020

MC

PD B

roch

ure

SYNOPSIS Globalisation, disruptive technologies and changing tastes amongst others, are rapidly dictating the fate of the manufacturing sector. The nature and pace of change are not only complex but massive and often demand proactive responses. Manufacturing business must therefore, not only become smart and efficient, but must build resilience and capacity to respond to the rapid changes in the marketplace.

The 2020 MCPD programme is focused on equipping participants with the knowledge and tools not only to manage the complex challenges and changes in the manufacturing sector, but also to position themselves for the future.

PAPER 1 DECISION SUPPORT IN MANUFACTURING USING DATA ANALYTICS (DA)Learning Outcomes At the end of the session, participants should be able to:

· discuss the role of DA in business decision making

· enumerate the Business Value of DA in manufacturing operations

· identify DA Applications in Manufacturing

· enumerate common DA tools and challenges of deployment

Content

· Overview of Data Analytics

· Business Value of Data Analytics

· Scope of Business Data Analytics (Descriptive, Predictive, Prescriptive Analytics)

· Common Data Analytics Tools

· Modelling with Data Analytics

· Challenges of Implementing Data Analytics

· Case Study

MANUFACTURING SECTOR

55

2020

MC

PD B

roch

ure

PAPER 2

Content

THPREPARING NIGERIAN MANUFACTURING FOR THE 4 INDUSTRIAL REVOLUTION (4IR)Learning Outcomes At the end of the session, participants should be able to:

· discuss the evolution of industrial revolution

· explain the implications of the 4IR

· evaluate the risks and opportunities inherent in 4IR

· discuss the roles of stakeholders

· discuss the need for preparedness for the 4IR

· Overview of Industrial Revolutions (1 – 4)

· Implications of the 4IR for the Manufacturing Sector

· The Role of Stakeholders (Government, Schools, Manufacturers etc)

· Up-skilling and Up-tooling for the 4IR through Unlearning, Learning and Relearning

· Case Study

PAPER 3

Content

MANUFACTURING FOR EXPORT - STRATEGIES FOR ENHANCING INTERNATIONAL COMPETITIVENESSLearning Outcomes At the end of the session, participants should be able to:

· identify the role of government and the private sector in positioning locally made goods for export

· design solid export plans for manufacturing businesses

· discuss ways to improve eff ic iencies in manufacturing

· appraise the various Trade Agreements in Africa and the ECOWAS sub-region

· Developing Solid Export Strategy and Framework

· Improving Efficiencies in Manufacturing Industry

· Industry Specific Requirements for Different International Markets (Customs, Licenses and Permits)

· Export Support Services and Financing Agencies (NEPC/NEXIM Bank)

· Free Trade Agreements – AfCFTA and ECOWAS

· Case Study

2020

MC

PD B

roch

ure

56

PAPER 4

Content

PROMOTING LOCAL PRODUCTION AND CONSUMPTIONLearning Outcomes At the end of the session, participants should be able to:

· discuss the benefits of promoting local production and consumption

· explain the role of government policies and legislation in enhancing local production

· evaluate economic strategies for promoting local production and consumption

· identify paradigm shifts necessary to stimulate local consumption

· Overview of Local Production and Consumption Pattern in Nigeria

· Exploring Abundant Local Raw Material Resources in Nigeria

· Managing Critical Issues of Infrastructure

· Importance of Value-addition to Exportable Raw Materials

· Changing Consumer Perception for Accepting Local Products including Advocacy

· Industrialisation Policy in Nigeria

· Case Study

57

2020

MC

PD B

roch

ure

SYNOPSIS Not-for-Profit Organisations provide the bridge between local and international donors and the recipients or beneficiaries. In most cases, the funders do not have the platform to reach the beneficiaries and donor countries and foundations do not usually reach the beneficiaries directly through government and their agencies. Consequently, the NFPOs provide the ready platform to reach the various beneficiaries.

2020 MCPD will provide insight into corporate governance, strategic plan and how NFPOs can generate local resources.

PAPER 1 WRITING A FUNDABLE PROPOSAL FOR NOT-FOR-PROFIT ORGANISATIONS (NFPO) Learning Outcomes At the end of the session, participants should be able to:

· list the basic components of a proposal

· describe the process of writing a proposal

· discuss needs assessment

· develop a detailed work plan and a logical framework

· develop a donor-acceptable budget

Content

· Overview of Proposal Writing

· Problem Statement or Needs Assessment

· Project Objectives and Outcomes

· Programme Design, Evaluation and Monitoring

· Budget Preparation Process

· Case Study

NOT- FOR - PROFIT ORGANISATIONS SECTOR

58

2020

MC

PD B

roch

ure

PAPER 2

Content

PAPER 3

GENERATING LOCAL RESOURCES FOR NOT- FOR - PROFIT ORGANISATIONS

CORPORATE GOVERNANCE FOR NOT- FOR - PROFIT ORGANISATIONS


· discuss ways to generate internal funds

· list challenges of attracting local funding

· identify the requirements of local funders and donors

· appraise tools for efficient resource management

· Strategies for Self - Generated Funding by Not-For-Profit Organisations (NFPOs)

· Challenges of Attracting Local Funding by NFPOs

· Policy Environment and Local Funding of NFPOs

· Corporate Social Responsibility, Advertising and Public Relations

· Case Study


· describe the governance structure of NFPOs

· explain best practices in corporate governance for NFPOs

· discuss governance structures

· list the benefits of improved corporate governance and procedures

· Overview of Corporate Governance

· Governance Structures, Roles, and Procedures

· Quality Governance as a Competitive Edge

· Case Study


· define strategic planning for NFPOs

· list the tools for strategic planning

· discuss the process of developing a strategic plan

· explain the components of a strategic plan

· Overview of Strategic Plan for NFPOs

· Tools and Models for Strategic Planning

· Steps for Developing a Strategic Plan

· Components of a Strategic Plan

· Case Study

Content

PAPER 4

Content

DEVELOPING STRATEGIC PLAN FOR NOT- FOR – PROFIT ORGANISATIONS (NFPOs) GROWTH

59

2020

MC

PD B

roch

ure

SYNOPSISPublic Sector Entities are continually undergoing reforms aimed at enhancing transparency, accountability and probity in line with global best practices.

The 2020 Public Sector MCPD has been crafted to update the knowledge, enhance skills and better equip accounting and finance professionals as well as other stakeholders in handling emerging public financial and accounting issues.

PAPER 1

Content

DEBT MANAGEMENT AND SUSTAINABIL ITY STRATEGIES IN THE PUBLIC SECTOR Learning Outcomes At the end of the session, participants should be able to:

· explain Debt Instruments and manage the exposures

· discuss the basic rules guiding Debt Issuance in Nigeria

· proffer strategies to minimize the effect of debt burden on the economy

· explain the relevant provisions of the Fiscal Responsibility Act. (FRA) on Debt Management

· Overview of Debt Instruments and Debt Management

· Debt Instruments and the Legal Implications

· Debt Sustainability Strategies in Nigeria

· Evaluation of the Salient Provisions of the Fiscal Responsibility Act (FRA) on Debt Management

· Case Study


· identify the benefits and importance of IT in Public Sector Finance Management (PSFM) practices

· describe the relevant IT systems in PSFM practices

· appraise the effects of IT on timely and accurate information for decision making

· explain ways of using IT in collection and analysis of data to enhance accounting information

PAPER 2LEVERAGING INFORMATION TECHNOLOGY (IT) IN THE PUBLIC SECTOR FINANCE MANAGEMENT (PSFM)

PUBLIC SECTOR

60

2020

MC

PD B

roch

ure

Content

PAPER 3

Content

· Overview of IT in Public Sector Accounting and Finance Environment

· IT Systems Available in the Public Sector

· Application of IT System in Facilitating Accurate and Timely Accounting Information

· Use of IT Systems in Budget Management and Accounting

· Case Study


· identify various ways through which public funds are misappropriated

· describe frameworks for institutional reforms to quicken and strengthen anti - corruption drive.

· discuss the importance of the anti-corruption legislations and enforcement in the development of the economy

· discuss strategies in combating corruption

· Overview of Leakages in Government Revenue

· Effects of Corruption on Revenue Generation

· Ways of Combating Corruption at all Levels of Government

FIGHTING CORRUPTION: BLOCKING REVENUE LEAKAGES IN NIGERIA

· Nigerian Anti-Corruption Laws and Enforcement as it Relates to Revenue Generation

· Case Study


· describe the essentials of Government Integrated Financial Management Information System (GIFMIS)

· generate financial reports using GIFMIS

· prepare budgets using GIFMIS

· Overview of GIFMIS

· Preparation of financial reports using GIFMIS

· Budget preparation processes using GIFMIS

· Benefits and Challenges in the use of GIFMIS

· Role of GIFMIS in Government anti-corruption programmes.

· Impact of GIFMIS on TSA implementation

· Case Study

PAPER4

Content

USE OF GIFMIS IN THE PREPARATION OF BUDGETS AND FINANCIAL REPORTS IN THE PUBLIC SECTOR

61

2020

MC

PD B

roch

ure

SYNOPSIS The changes in the international tax landscape have affected the way businesses operate. Thus, most economies are trying to protect their tax base to ensure that Multinational Enterprises (MNEs) do not erode tax base through profit shifting.

Accordingly, the 2020 Tax Practice Sector MCPD topics have been carefully prepared to address these challenges.

PAPER 1

Content

TAXATION AND DIGITALISATION Learning Outcomes At the end of the session, participants should be able to:

· discuss emerging trends in digital economy in relation to taxation

· identify tax related challenges of digital economy

· determine taxes applicable to digital transactions in Nigeria

· discuss digital initiatives influencing taxation

· Emerging Trends in Digital Economy

· Taxes Applicable to Technology-Based Transactions

· Automation of Tax Processes and e-Filing in a Digital Economy

· Tax Functions and Digitalisation

· Managing Tax Compliance Issues Arising from Digital Transactions

· Conducting Tax Audit of Online Transactions (e-Businesses, Online Real Time Businesses)

· Case Study


· explain the concept of transfer pricing and international taxation

· discuss the regulatory framework for transfer pricing and international taxation

· identify compliance obligation and associated requirements

· recognise emerging trends in transfer pricing and international taxation

PAPER 2TRANSFER PRICING AND INTERNATIONAL TAXATION

TAX PRACTICE SECTOR

62

2020

MC

PD B

roch

ure

Content

PAPER 3

Content

· Overview of Transfer Pricing (TP) and International Taxation

· TP Documentation Requirements in Nigeria

· Emerging Trends in Transfer Pricing and International Taxation

· Transfer Pricing and International Taxation Assessment and Dispute Resolution Procedures

· Case Study


· identify the key elements in the Nigerian tax policy

· discuss the benefits of tax policy in the Nigerian economy

· highlight the challenges of tax policy in conducting businesses in Nigeria

· benchmark the Nigerian tax policy against global best practices

· Overview of Nigerian Tax Policy

· The Objectives of Tax Policies as they Relate to the Economy

· Benefits and Challenges of Tax Policy to the Nigerian Economic Development

· Effects of Tax Incentives on the Economic Survival of the Nation

TAX POLICY AS A TOOL FOR ECONOMIC DEVELOPMENT

· Nigerian Tax Policy in the Context of Global Best Practices

· Case Study


· discuss BEPS action plan

· explain provisions of the article on Automatic Exchange of Information (AEoI)

· discuss Mutual Agreement Procedure (MAP) in Nigeria

· appraise BEPS impact on businesses in Nigeria

· Overview of BEPS Action Plan

· BEPS Inclusive Framework

· Country – by – Country Reporting

· Cross Border Transactions /Conflict Resolution using MAP

· Exchange of Information Agreements with Nigeria

· Provisions of Multilateral Instrument Agreements

· Case Study

PAPER 4

Content

BASE EROSION AND PROFIT SHIFTING (BEPS) IMPLEMENTATION: IMPACT ON BUSINESSES IN NIGERIA

63

2020

MC

PD B

roch

ure

SYNOPSIS The Telecoms sector is characterised by fierce competition occasioned by challenging economic realities.

Accordingly, a paradigm shift from traditional to innovation-driven business models has become imperative for sustainable business, service excellence and survival. The 2020 MCPD programme is structured to provide participants with the required knowledge and skills to address the current trends in the telecoms sector.

PAPER 1

Content

DRIVING DISRUPTIVE INNOVATION IN TELECOMS WITH DESIGN THINKINGLearning Outcomes At the end of the session, participants should be able to:

· describe disruptive innovation trends in telecoms industry

· explain the concept of sustainable innovation, disruptive innovation and design thinking

· evaluate opportunities, challenges and risk management strategies for design thinking.

· Evolution of Disruptive Innovation in Telcos

· Sustainable Innovation vs Disruptive Innovation

· Disruptive Innovation through Design Thinking

· Opportunities and Challenges in Implementing Design Thinking

· Risk Management Strategies for Design Thinking

· Case Study


· discuss current technological advancements in telecoms

· describe the concept of active infrastructure sharing

· appraise the impact of new technologies (5G) on Telco operations

· evaluate opportunities, risks and countermeasures associated with new technologies

PAPER 2OPTIMISING 5G IMPLEMENTATION THROUGH INFRASTRUCTURE SHARING

TELECOMMUNICATIONS SECTOR

64

2020

MC

PD B

roch

ure

Content

PAPER 3

· Overview of Active Telecoms Infrastructure Sharing

· Evolutionary Trends of Mobile Networks

· Potential Revenue Streams through 5G

· 5G Implementation and Infrastructure Sharing

· Risk Management Strategies for Act ive Infrastructure Sharing

· Case Study


· explain the concept of accounting separation

· enumerate regulatory expectat ions and requirements for accounting separation

· discuss benefits of implementing accounting separation

· identify challenges and mitigants in implementing accounting separation

IMPLEMENTATION OF ACCOUNTING SEPARATION FRAMEWORK FOR TELCOS

Content

PAPER 4

Content

· Overview of Evolving Accounting Separation Framework by NCC

· Steps and Regulatory Requirements in Implementing Accounting Separation by Telcos

· Benefits and Challenges of Accounting Separation by Telcos

· Impact of Accounting Separation on Competitive Pricing

· Case Study


· explain the concept of digital trust

· identify requirements and strategies for building digital trust

· enumerate the roles of telcos and regulators in adopting digital trust principles

· identify risks and mitigants to achieving digital trust

· Overview of Digital Trust and Nigeria Data Protection Regulation (NDPR)

· Steps to Achieving Digital Trust – Roles of Telcos and Regulators

· Benefits of Adopting a Digital Trust

· Challenges and Remedies to Achieving Digital Trust

· Case Study

DIGITAL TRUST: ROLE OF TELCOS AND REGULATORS

“An Investment in Knowledge Always Pays the Best Interest “ -Benjamin Franklin

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