Compliance Training for Non-Financial Professionals in Somalia

Enhancing Financial Literacy for Business Managers

In a move to enhance the financial literacy of non-financial professionals in Somalia, COPEX has launched a comprehensive compliance training program designed specifically for business managers who are not financially inclined.

Program Overview

The training course is tailored to meet the needs of non-financial staff from various departments including:

Sales and Marketing
Logistics and Supply
Human Resource
Production and Engineering
Risk Management and Internal Audit

Through a series of interactive sessions, delegates will gain a deeper understanding of financial statements, budgeting, cost analysis, and investment appraisal. The course will also cover the importance of cash flow, financial risks, and managing foreign currency risk.

Course Objectives

By the end of the training program, participants should be able to:

Understand how financial statements are prepared and what they mean
Analyze and interpret annual financial statements
Apply cost analysis to control resources, allocate costs, and determine pricing strategies
Appreciate the importance of budgets and how they are prepared
Recognize and manage financial risks using various techniques

Course Structure

The training course is designed to be highly engaging, with a mix of:

Teamwork exercises
Presentations
Interactive sessions

Participants will have the opportunity to work on real-life scenarios, applying theoretical knowledge to practical business challenges.

Certification

Upon completion of the course, delegates will receive a COPEX Certificate of Attendance, recognizing their commitment to enhancing their financial literacy and compliance skills.

Program Schedule

The training program is scheduled to take place in [location], with dates yet to be confirmed. For more information or to register for the course, please contact:

[Contact person] at [email address]
[Phone number]

We look forward to seeing you there!