Accounting and Finance

Accounting for Shared Services and Outsourcing Models

In today’s globalized and competitive business environment, shared services and outsourcing models have become essential strategies for organizations seeking efficiency, cost reduction, and scalability. These models are not limited to operational improvements; they directly impac

  • 5training days
  • 5modules
  • 10sessions
  • 30topics
Accounting for Shared Services and Outsourcing Models
5days

About the programme

Course Overview

In today’s globalized and competitive business environment, shared services and outsourcing models have become essential strategies for organizations seeking efficiency, cost reduction, and scalability. These models are not limited to operational improvements; they directly impact financial reporting, contract management, and compliance with international accounting standards.

Accounting for shared services and outsourcing requires a deep understanding of how to record costs and revenues, manage long-term contracts, and ensure transparency in financial disclosures. Organizations face challenges in evaluating the financial performance of these models, handling deferred costs, and managing risks associated with outsourcing arrangements.

Proper accounting practices strengthen governance, enhance investor confidence, and provide a solid foundation for strategic decision-making. This workshop is designed to equip participants with practical knowledge and skills to apply best practices in accounting for shared services and outsourcing models.

Through a structured 5-day program, participants will explore fundamentals, international standards, contract and cost management, governance, and future outlooks, preparing them to lead organizations toward sustainable growth.

Expected Learning Outcomes

  • Understand the importance of accounting for shared services and outsourcing models

  • Develop skills in recording costs and revenues under international standards

  • Strengthen capabilities in managing long-term contracts and financial transparency

  • Acquire strategies to support governance and compliance in outsourcing arrangements

  • Support executive leadership in achieving sustainable growth

Who Should Attend

  • Chief Executive Officers (CEOs)
  • Chief Financial Officers (CFOs)
  • Governance and compliance officers
  • Contract and shared services managers
  • Financial analysts

Course Modules

Open any module to see its sessions and topics.

01

Introduction to Shared Services and Outsourcing

2 sessions · 6 points

Session 1Concept of Shared Services

  • Definition and importance
  • Role in modern organizations
  • Practical examples

Session 2Outsourcing Models

  • Definition and objectives
  • Challenges and opportunities
  • Supporting innovation
02

International Accounting Standards

2 sessions · 6 points

Session 1Applying IFRS to Shared Services

  • Cost recognition standards
  • Financial disclosure requirements
  • Case examples

Session 2Applying GAAP to Outsourcing Contracts

  • Accounting treatments
  • Differences from IFRS
  • Supporting executive leadership
03

Contract and Cost Management

2 sessions · 6 points

Session 1Managing Long-Term Contracts

  • Drafting agreements
  • Execution terms
  • Case examples

Session 2Accounting for Costs and Revenues

  • Methods of accounting
  • Impact on financial statements
  • Ensuring sustainability
04

Governance and Transparency in Outsourcing

2 sessions · 6 points

Session 1Governance Role in Shared Services

  • Building institutional trust
  • Ensuring compliance
  • Case examples

Session 2Transparency in Financial Reporting

  • Accurate reporting
  • Compliance support
  • Strengthening stakeholder confidence
05

Future presentation software in Shared Services and Outsourcing

2 sessions · 6 points

Session 1Innovation in Shared Services Management

  • Creative solutions
  • Sustainability focus
  • Global best practices

Session 2Future Trends in Outsourcing Models

  • Emerging markets
  • Digital transformation
  • Strategic role of CFOs

Complete your registration

We will contact you within one business day to confirm.

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