Accounting for Shared Services and Outsourcing Models

General Introduction

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.

🎯 Target Audience

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

🎯 Expected Objectives

  • 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

📚 Scientific Topics

Theme 1: Introduction to Shared Services and Outsourcing

Session 1: Concept of Shared Services

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

Session 2: Outsourcing Models

    • Definition and objectives
    • Challenges and opportunities
    • Supporting innovation

Theme 2: International Accounting Standards

Session 1: Applying IFRS to Shared Services

    • Cost recognition standards
    • Financial disclosure requirements
    • Case examples

Session 2: Applying GAAP to Outsourcing Contracts

    • Accounting treatments
    • Differences from IFRS
    • Supporting executive leadership

Theme 3: Contract and Cost Management

Session 1: Managing Long-Term Contracts

    • Drafting agreements
    • Execution terms
    • Case examples

Session 2: Accounting for Costs and Revenues

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

Theme 4: Governance and Transparency in Outsourcing

Session 1: Governance Role in Shared Services

    • Building institutional trust
    • Ensuring compliance
    • Case examples

Session 2: Transparency in Financial Reporting

    • Accurate reporting
    • Compliance support
    • Strengthening stakeholder confidence

Theme 5: Future Outlook in Shared Services and Outsourcing

Session 1: Innovation in Shared Services Management

    • Creative solutions
    • Sustainability focus
    • Global best practices

Session 2: Future Trends in Outsourcing Models

    • Emerging markets
    • Digital transformation
    • Strategic role of CFOs

Convening Date

City
Cairo
Choose a date & place that suits you
To register, please fill out the form and click Register Now
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