Certificate in Islamic Commercial Law, AICPA

CIMA's Islamic finance qualifications structure reflects the evolving requirements in business. Comprising of the Certificates in Islamic finance and the Diploma in Islamic finance. Whether you are completely new to this area of finance or have prior experience, uncover all the possibilities with our suite of Islamic finance qualifications.

The individual certificates will give you skills in Shari'ah compliance and the complexities of the contracts that underpin this compliance. You will also develop confidence in the use of the contracts that underpin Islamic finance, and the terminology that sets Islamic finance apart from conventional finance.

TOPICS DISCUSSED:

• The reporting framework and standards of Islamic financial institutions
• The analysis and classification of Islamic funding and financing transactions
• How transactions adopting different contracts of financing are reported in the Islamic financial statements
• Financial accountability and Shari'ah compliance of Islamic financial institutions.

WHO SHOULD TAKE THIS COURSE?

• These qualifications will be valuable for newcomers and professionals operating in a range of industries. There is no entry criteria for these certificates. They are designed to give two significant market advantages: (1) the professional recognition of a CIMA international qualification, and (2) demonstrable expertise in the complex, fast growing world of Islamic finance.

TOPICS COVERED:

• Financial accounting & reporting: Technical: Special purpose frameworks, Foundational

Additional Info

• Format: Course - Online
• Level: Foundational
• Duration: 23 Hours
• This CPD program is eligible for a digital badge. Find out more about Digital Badges from CGMA.
  

Online Access Instructions

A personal pin code is enclosed in the physical packaging that may be activated online upon receipt. Once activated, you will gain immediate online access to the product for one full year.

System Requirements

AICPA's online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by AICPA technicians.

A stable and continuous internet connection is required. In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course. It is your responsibility to validate that CPE certificate(s) are available within your account after successfully completing the course and/or exam.

Supported Operating Systems:

• Macintosh OS X 10.10 to present
• Windows 7 to present

Supported Browsers:

• Apple Safari
• Google Chrome
• Microsoft Internet Explorer
• Mozilla Firefox

Required Browser Plug-ins:

• Adobe Flash
• Adobe Acrobat Reader

CIMA's Islamic finance qualifications structure reflects the evolving requirements in business. Comprising of the Certificates in Islamic finance and the Diploma in Islamic finance. Whether you are completely new to this area of finance or have prior experience, uncover all the possibilities with our suite of Islamic finance qualifications.

The individual certificates will give you skills in Shari'ah compliance and the complexities of the contracts that underpin this compliance. You will also develop confidence in the use of the contracts that underpin Islamic finance, and the terminology that sets Islamic finance apart from conventional finance.

TOPICS DISCUSSED:

• The developments which have taken place with regard to Islamic financial institutions and systems
• The main source of funds available to banks and how these sources are rewarded
• The various products developed by Islamic banks for their customers the products and services offered under takaful and issues relating to underwriting, deficits, surpluses and retakaful.

WHO SHOULD TAKE THIS COURSE?

• These qualifications will be valuable for newcomers and professionals operating in a range of industries. There is no entry criteria for these certificates. They are designed to give two significant market advantages: (1) the professional recognition of a CIMA international qualification, and (2) demonstrable expertise in the complex, fast growing world of Islamic finance.

TOPICS COVERED:

• Management accounting: Business: Market & regulatory environment, Foundational

Additional Info

• Format: Course - Online
• Level: Foundational
• Duration: 23 Hours
• This CPD program is eligible for a digital badge. Find out more about Digital Badges from CGMA.

Online Access Instructions

A personal pin code is enclosed in the physical packaging that may be activated online upon receipt. Once activated, you will gain immediate online access to the product for one full year.

System Requirements

AICPA's online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by AICPA technicians.

A stable and continuous internet connection is required. In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course. It is your responsibility to validate that CPE certificate(s) are available within your account after successfully completing the course and/or exam.

Supported Operating Systems:

• Macintosh OS X 10.10 to present
• Windows 7 to present

Supported Browsers:

• Apple Safari
• Google Chrome
• Microsoft Internet Explorer
• Mozilla Firefox

Required Browser Plug-ins:

• Adobe Flash
• Adobe Acrobat Reader

Technical Support: Please contact service@aicpa.org.

You will gain an understanding of the risks, opportunities, and organizational impact of automation while learning the decision criteria and key considerations needed to build a business case and run a successful proof-of-concept. You will also understand the steps and governance needed to implement or advise clients on how to implement successfully.

Topics include:

• Understanding Robotic Process Automation (RPA)
• Building a Robotics Process Automation (RPA) Business Case
• Implementing Robotics Process Automation (RPA) Applications
• Governance, Risks and Controls for Robotics Process Automation (RPA)
• Organizational Process Implications of Robotics Process Automation (RPA)
• How Robotics Process Automation (RPA) Can Be Used in an Audit
• Automation Beyond Robotics Process Automation (RPA)

WHO WILL BENEFIT?

Non-IT finance professionals, CFOs, controllers, management accountants, public accountants, partners, staff, managers, internal auditors and business process owners who want to do any of the following:

• Get a foundational understanding of RPA
• Implement RPA within their organization
• Become a responsible business partner by recognizing RPA implications and how its application and uses can benefit the client's business
• Determine if there's interest in exploring RPA as a specialization, individually or as a firm
• Stand out with a digital badge as someone who is committed to your client's new emerging technology needs
• Add value to your organization, create opportunities

KEY TOPICS

• What RPA is and the business value of RPA
• RPA applications and use cases that make the most sense
• Decision criteria and steps needed to build a business case
• Considerations, risks, and challenges to implementing RPA
• Governance and controls considerations for a digital workforce
• Accounting, finance, and organizational impact of RPA
• How RPA might affect an audit
• Future of RPA and automation trends, with a focus on intelligent process automation (IPA)

LEARNING OBJECTIVES

• Recognize what RPA is and its business value, with specific focus on accounting and finance functions.
• Identify the opportunities and use cases for automation.
• Recognize the decision criteria needed to build a business case.
• Recognize key risks and challenges that need to be addressed before implementing RPA.
• Recognize the governance and controls considerations for addressing automation risks.
• Recognize the key components to implementing RPA.
• Recognize the accounting, finance, and operational process implications of RPA.
• Recognize audit implications associated with RPA.
• Recognize future trends of automation.

Digital Badge: Your Professional Distinction

Set yourself apart as a future-ready financial professional. Upon completion, you will be awarded with a certificate in the form of a digital badge. Digital badges allow you to distinguish yourself in the marketplace and show your commitment to quality. The badge can be posted to your social media profiles and linked to your resume or email signature, providing maximum visibility to your achievement.

Credit Info

Advance your knowledge of Blockchain

Be at the forefront of shaping the adoption of blockchain in accounting and finance.

Lay the foundation for your future as a strategic business partner within your organization and with your clients. With real-world literacy on blockchain and cryptoassets, you will be empowered to translate the technology into relevant business application and value for you and your organization.

Learn the characteristics of blockchain and cryptoassets, identify opportunities and risks, and understand high-level technology concepts underpinning blockchain. Use a cryptocurrency wallet in a hands-on transaction exercise and verify information written to a block, and perform a hands-on hash activity exercise, then verify it. Learn to differentiate between current state and future state.

By completing this 16-hour certificate program, you will learn:

• core concepts of blockchain technology;
• how to incorporate blockchain application within your organization;
• how to be a responsible business partner by recognizing blockchain Implications and how its application and uses can benefit many types of organizations; and
• standout with a digital badge as someone who is committed to your clients new emerging technology needs.

The courses in this certificate program include:

• Blockchain Evolution and Technology Concepts
• Blockchain: Using and Securing Cryptocurrencies
• Blockchain: Benefits, Values and Opportunities
• Risks and Challenges of Blockchain
• Blockchain Trends
• Permissioned Ledgers and Other Solutions
• Transactions and Smart Contracts
• The Blockchain Landscape
• Blockchain: Process and Technical Controls

WHO WILL BENEFIT

• CPAs
• Public accounting leaders
• Managers and staff
• CFOs
• Controllers
• Finance leaders
• Management accountants
• Non-IT finance professionals.

LEARNING OBJECTIVES

• Learn the foundational constructs behind blockchain technology and cryptoassets, structure and functionality.
• As you consider implementing blockchain into your own organization, recognize not only the benefits and opportunities but also the challenges, as well as regulatory concerns and governance.
• Practice with applications and use cases by looking into ledgers, transactions and smart contracts.
• Recognize the current landscape, business applications and financial control considerations associated with blockchain use.

Digital Badge: Your Professional Distinction

Set yourself apart as a future-ready financial professional. Upon completion, you will be awarded with a certificate in the form of a digital badge. Digital badges allow you to distinguish yourself in the marketplace and show your commitment to quality. The badge can be posted to your social media profiles and linked to your resume or email signature, providing maximum visibility to your achievement.

Credit Info

• CPE CREDITS: Online: 16.0 (CPE credit info)
• NASBA FIELD OF STUDY: Information Technology
• LEVEL: Basic
• PREREQUISITES: ax Staff with 0-2 years of experience
• ADVANCE PREPARATION: None
• DELIVERY METHOD: QAS Self-Study
• COURSE ACRONYM: BLCF

Online Access Instructions