As global emphasis on sustainable practices intensifies, the introduction of the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS) is transforming the landscape of corporate accountability in Europe. Shasat Consulting is spearheading initiatives to guide companies through these new regulatory frameworks with its expertly designed training programs.

The Evolution of Corporate Sustainability Reporting

Corporate Sustainability Reporting Directive (CSRD)

Effective from January 2023, the CSRD extends the scope of previous EU mandates to enhance transparency and accountability in corporate reporting. This directive now requires a broader range of companies, including all large companies and listed SMEs, to disclose comprehensive information on their environmental and social impacts. This aims to provide stakeholders with detailed insights into a company’s sustainability practices and their effects on society and the environment. Notably, the directive also encompasses non-EU companies generating significant revenue within the EU market​ (Finance)​.

European Sustainability Reporting Standards (ESRS)

Launched in July 2023, the ESRS provide a cohesive framework intended to standardize sustainability reporting across the EU. These standards encompass a wide array of ESG topics, including climate change, biodiversity, and human rights, ensuring comprehensive coverage. The ESRS are designed to align with global reporting standards to facilitate interoperability and reduce redundant reporting efforts for companies. This alignment supports the EU’s broader green agenda, promoting transparency and enabling access to sustainable finance​ (Finance)​​ (Finance)​.

Shasat Consulting’s Proactive Approach

In anticipation of these changes, Shasat Consulting has developed a comprehensive two-day workshop titled “ESG Disclosures Masterclass”. This program equips businesses with the necessary tools to understand and implement the requirements of both the CSRD and the ESRS effectively. The workshop is part of a broader effort to integrate sustainable practices into core business strategies across Europe.

Global Impact and Training Opportunities

Shasat’s training sessions are available in multiple cities worldwide, offering an opportunity for companies to gain insights not only into CSRD and ESRS but also into other international standards issued by bodies such as ISSB, IPSASB, and the SEC. These sessions play a crucial role in preparing global businesses for the upcoming changes and ensuring they remain at the forefront of sustainability practices.

Cities Hosting Shasat’s Workshops:

Singapore | Hong Kong |Lima (Peru) | Davos | Dubai | Rio de Janeiro | Cape Town | Miami | Sydney | Zurich | Online 

Implementation Roadmap

The adoption of the CSRD and the implementation of the ESRS are monumental steps towards achieving a sustainable European economy. Through educational programs like those offered by Shasat, companies are not just complying with new regulations; they are advancing towards a future where sustainability is embedded in the core of business operations. As companies globally strive to align with these standards, understanding and implementing these directives is not just about regulatory compliance—it’s about leading in the global movement towards sustainability.

In the fast-paced world of finance, managing risk is a paramount concern for businesses and professionals alike. Shasat, a leading provider of financial education and training, has recently unveiled an intensive training program aimed at equipping finance and treasury professionals with the essential knowledge and skills to navigate the complex landscape of financial risk management. Titled “Hedging Credit & Market Risks (Currency, Interest, and Price),” this course promises to be critical for organizations looking to sharpen their understanding of more effective hedging strategies to better manage their market and credit risks.

The course launch comes at a time when businesses worldwide are grappling with the economic fallout of the COVID-19 pandemic. Economic disruptions, inflation, surging oil and gas prices, and rising interest rates have led to unprecedented market volatility. These factors have a profound impact on businesses and their profitability, necessitating the adoption of robust risk management strategies. Shasat recognizes the urgency of this situation and underscores the importance of investing in the training and education of finance and treasury professionals to mitigate financial risk and ensure long-term success.

The course is designed to provide a holistic understanding of various hedging strategies crucial for protecting financial assets. It addresses market risk hedging strategies and incorporates the latest hedge accounting framework under IFRS 9. Participants will gain hands-on experience with frequently used hedging techniques and tackle the challenging issues that finance and treasury professionals encounter in today’s dynamic economic environment.

Read More: https://prfree.org/@shasat/shasat-launches-comprehensive-market-risk-hedging-course-157gly4c3oqf

In the ever-evolving world of accounting, achieving the coveted Certified Public Accountant (CPA) designation is a testament to one’s commitment to excellence. It’s a global standard of competence, recognized and respected across borders. Shasat, in collaboration with Becker Professional Education, brings you the Shasat-Becker CPA Exam Review Course, a comprehensive and highly effective study program designed to equip aspiring accountants with the tools and knowledge needed to excel in the CPA exam and launch a successful career.

For more than six decades, Becker Professional Education has been at the forefront of CPA exam preparation, guiding over a million candidates toward successful exam outcomes and fulfilling careers in accounting. With this rich legacy, the Shasat-Becker CPA Exam Review Course is poised to revolutionize the way candidates prepare for the CPA exam.

The CPA exam, administered by the American Institute of Certified Public Accountants (AICPA), is a rigorous assessment covering a broad spectrum of topics, including accounting, law, analytics, taxation, auditing, evaluation, regulatory frameworks and procedures, ethics, and finance management. Earning the CPA certification opens doors to countless opportunities in the world of accounting, whether you aspire to work with corporations, engage in private practice, or serve individual clients.

Read More: https://prfree.org/@shasat/shasat-becker-unleashes-updated-cpa-refresher-a-new-take-on-traditional-learning-3fp87s38jfct

Founded in 2007 and based in London, Shasat has positioned itself as a leading valuation and consulting firm in the industry. The firm’s Valuation Service Desk is not just a team, but a cadre of specialized experts proficient in the latest market data and advanced financial analytics. They provide comprehensive valuation services for a wide array of assets—everything from financial instruments and brands to intangibles and actuarial models.

Shasat places a strong emphasis on adherence to global reporting standards, including US GAAP, IFRS, and IPSAS. This meticulous approach empowers financial and non-financial institutions alike, providing them with the insights needed to navigate the complex financial landscape with confidence.

But Shasat is more than just a valuation firm. It offers a diverse range of consulting services, tailored to meet the unique needs of medium-sized businesses and global corporations across diverse industries. Their team of specialists brings to the table a wealth of knowledge and experience in multiple domains such as IFRS, US GAAP, risk management, Mergers & Acquisitions (M&A), regulatory compliance, change management, and sustainability and environmental, Social, and Governance (ESG) considerations.

From strategy and management consulting to IFRS & US GAAP implementation, M&A support, risk management, and even sustainability & ESG initiatives, Shasat aims to provide impactful results that propel their clients toward growth and success. Their holistic approach equips them to address a wide range of challenges, whether it involves optimizing operations, mitigating risks, or seizing new opportunities for their clients.

In summary, Shasat is a one-stop solution for businesses seeking expert valuation and customised consulting services. Their diverse team and multifaceted approach make them a valuable partner for any organisation looking to thrive in today’s complex financial ecosystem.

Read More: https://www.crunchbase.com/organization/shasat

In a world where financial crime continues to evolve, combating money laundering has become paramount. Governments and international organizations have devised stringent anti-money laundering (AML) regulations to safeguard the global financial system. Now, a cutting-edge two-day course has emerged, designed to empower professionals with the knowledge and tools needed to reduce risks and enhance AML compliance.

Money laundering represents a significant menace to the stability of the global economy. To tackle this multifaceted issue, governments and international bodies have introduced AML regulations spanning various sectors such as banking, gaming, real estate, legal, and accounting services. Amid this backdrop, a newly launched course on international anti-money laundering regulations and best practices is set to equip professionals with the latest insights.

The two-day program delves deeply into the latest AML developments, with a particular emphasis on the Financial Action Task Force (FATF) recommendations and the European Union’s 5th and 6th AML directives, among other international regulations. Attendees will gain comprehensive insights into various facets of compliance, including risk assessments, customer due diligence (CDD), enhanced due diligence (EDD), and transaction monitoring.

Led by experienced trainers, the course employs real-world case studies, interactive discussions, and practical exercises to empower participants with the skills and knowledge required to effectively manage money laundering risks within their organizations. Furthermore, it takes a proactive approach by addressing the risks associated with digital assets, sanctions, and real-world money laundering scandals spanning diverse industries, such as banking, gambling, real estate, law, accounting, and more.

Read More: https://prfree.org/@shasat/countering-money-laundering-new-comprehensive-aml-initiative-takes-aim-at-financial-threats-mn5peerzlpof

Recent market research involving ten prominent entities from banking, insurance, and corporate sectors in the UK and Ireland reveals a limited number of programs addressing FRS 102 and FRS 105. Out of the three entities in the UK offering such programs, Shasat stands out. It has been distinguished as the premier choice for those seeking an in-depth understanding of FRS 102 and FRS 105.

Renowned for its premium professional education offerings, Shasat’s program focusing on FRS 102 and FRS 105 – the essential UK accounting standards for small and medium-sized enterprises – marks its two-year anniversary. The course, known for delivering in-depth knowledge, remains a top choice for both professionals and enthusiasts aiming to master these pivotal standards.

The comprehensive course, titled “Mastering SME Accounting: An In-depth Workshop on FRS 102 and FRS 105,” is tailor-made to offer participants an extensive insight into the intricacies of these standards, shedding light on their critical requisites and practical implications for SMEs.

FRS 102, a multifaceted standard, lays down the foundational principles of financial reporting within the United Kingdom and the Republic of Ireland. This encompassing standard covers a wide array of topics, encompassing the recognition and measurement of assets, liabilities, income, and expenses, as well as the presentation and disclosure of financial statements. It is particularly relevant to most SMEs in the UK and the Republic of Ireland, with updates introduced periodically. The most recent version was issued in March 2018.

Read More: https://prfree.org/@shasat/shasat-tops-the-charts-in-market-study-on-frs-102-and-frs-105-programs-bh26jpp3down

In the dynamic world of business, mergers and acquisitions (M&A) have emerged as pivotal strategic maneuvers for companies looking to thrive in fiercely competitive markets. As deal values soar and enterprises strive to expand their market presence, innovative technologies, and product portfolios, staying ahead of the curve has become imperative. Enter Shasat’s M&A Masterclass program, a ground-breaking initiative designed to empower professionals with the knowledge and skills needed to excel in M&A scenarios.

This exclusive program, not affiliated with Shasat, delves deep into the essential requisites 1of international accounting standards, encompassing IFRS 10, 11, 12, and IFRS 3, as well as the intricacies of UK GAAP and US GAAP. A profound understanding of these complex financial reporting frameworks is vital for making informed decisions during the M&A process, ensuring compliance, and maximizing value creation.

Participants in this comprehensive M&A Masterclass will embark on a journey through the intricate world of M&A strategies, meticulous due diligence, and critical execution considerations. Valuable insights into value creation beyond the deal itself and the essential factors that can make or break a successful transaction are provided. Immersive case studies and real-world examples equip attendees with the skills, knowledge, and techniques necessary to navigate the pre-M&A landscape, execute deals flawlessly, and seamlessly integrate post-acquisition.

Read More: https://prfree.org/@shasat/mergers-and-acquisitions-m-a-navigating-the-common-challenges-professionals-face-5zv9j9t2265y

In the ever-evolving world of auditing standards, professionals need to stay ahead of the curve. Shasat, a renowned educational institution, has introduced an intensive two-day program called the “US Generally Accepted Auditing Standards (US GAAS) Update Course” to address this critical need. This course is designed to cater to government and non-government auditors, accountants, and program managers, equipping them with the latest knowledge and insights into the world of auditing standards.

The US GAAS Update Course spans two days and provides participants with a deep understanding of the significant changes and clarifications within both authoritative and non-authoritative standards. This knowledge is crucial for those who engage in auditing practices. Participants will gain a comprehensive insight into applying GAAS, including SAS, SSAE, GAGAS, and IIA, as well as understanding recent amendments to these standards. Additionally, the course instills confidence in conducting audits and undergoing audit procedures.

Furthermore, the program addresses practical implementation challenges specific to both government and non-government operations. It also explores the implications of International Auditing Standards and offers a glimpse into the future direction of auditing standards.

Read More: https://prfree.org/@shasat/shasat-debuts-premier-us-gaas-update-elevating-training-standards-for-auditors-accountants-qhksci2eqac0

Shasat, a prominent name in highly technical financial learning & development, has unveiled its latest training program: “Managing Interest Rate Risk in the Banking Book: Strategies and Best Practices.” This eagerly awaited program is set to make waves in the banking industry, offering professionals an unparalleled opportunity to bolster their expertise in interest rate risk management, balance sheet optimization, and regulatory compliance.

Interest rate risk is a paramount concern in the banking sector, and Shasat’s latest offering arrives at a pivotal juncture. In 2016, the Basel Committee on Banking Supervision (BCBS) introduced the “Standards on Interest Rate Risk in the Banking Book,” ushering in a new era of regulatory requirements. In response, banks worldwide have been diligently overhauling their interest rate risk frameworks.

The workshop provides a comprehensive exploration of Interest Rate Risk in the Banking Book (IRRBB) and balance sheet optimization. It covers all the essential facets of IRRBB, encompassing measurement, management, and strategic considerations. The course goes beyond theory, offering participants hands-on experience in managing and optimizing balance sheets. Real-life case studies and examples will illuminate best practices in addressing interest rate risk within the banking book.

Read More: https://prfree.org/@shasat/deciphering-banking-book-dynamics-a-spotlight-on-interest-rate-risk-management-jgyx6r37l49t

Shasat, a global leader in professional training, announced today the launch of its CPA Exam Review, CMA Exam Review and CPE (Continued Professional Education) programs in partnership with Becker Professional Education, a leader in providing customized personalized learning experiences and AI-driven platforms, and strategic partner to the Institute of Management Accountants (IMA). Building on its 16-year history, track record and proven methodology in training professionals worldwide through a range of highly technical courses (e.g. IFRS and US GAAP courses) and also continuing education, Shasat’s introduction of Becker’s program to its portfolio is a further step in its commitment to providing only leading courseware and furthering professional development across Europe.

Mr Sunil Kansal, managing director of Shasat, believes the “association with Becker would allow Shasat to broaden its existing range of professional courses and allow professionals to take advantage of our world-class online and in-person programs. The pandemic has redefined the future of professional learning – a hybrid environment that embraces live in-person learning as well as on-demand online professional courses. Shasat is delighted to join hands with Becker to offer world-class professional programs to corporates and individuals all across Europe.” “Leveraging best in class pedagogy and learning methodologies, coupled with ever-evolving technology capabilities, Becker continues to be one of the go-to choices for accounting and finance professionals seeking to enhance their accounting expertise – be it with globally valued professional certifications such as CPA and CMA, as well as ever broadening skill development courses for continued professional education. We are delighted to enter this partnership with Shasat. Shasat’s reputation for uncompromising quality and service in the FA learning space will allow us both to bring a range of skills and knowledge enhancing offerings to a wider base of professionals, organisations and students across several regions internationally” said Aziz Tayyebi, Director, International for Becker Professional Education.

Shasat and Becker’s signature exam preparation and continued professional education offerings will provide professionals with a comprehensive set of industry leading products, utilizing adaptive technology and industry-leading subject matter experts, tools and resources through:

• Quality content, including textbooks, multiple-choice and essay questions, videos, practice tests and simulated exams that capture the feeling and pace of the exam itself.
• An intuitive user experience. Based on Becker’s proven CPA preparation software platform, the new format provides an organized learning experience with streamlined, easy-to-use navigation.
• Industry-leading instruction with teachers who have decades of experience translating classroom learning into real-life applications.
• Personalized learning, utilizing Technology. The AI-driven platform continuously assesses the knowledge, helping to focus on areas where the most help is needed.

About Shasat

Shasat is a UK headquartered training organisation that offers over 300 public and 150 in-house training courses every year in more than 70 cities worldwide in six different languages covering a wide range of highly technical topics such as IFRS, USGAAP, IPSAS, Risk Management, Insurance, Regulatory Update, Anti-Money Laundering, and several other professional development programs to businesses and individuals. Shasat has trained professionals from large financial and non-financial institutions, oil and gas companies, public sector organisations, large audit firms, and government departments, making our faculty one of the most experienced and knowledgeable professional faculties. We are proud to work together with our world-renowned partners.

For more information about Shasat, visit www.shasat.com

About Becker Professional Education

Professionals and students around the world count on Becker for the industry-leading tools and support they need to excel. And it all comes down to one thing: results. Results rooted in a tireless commitment to the success of our students. Crafting personalized learning experiences. Unleashing cutting-edge technologies. Relentlessly advocating for the industry. And simply doing whatever it takes. That’s why more than 2,900 of the top accounting firms, corporations, alliances, government agencies and universities chose Becker for CPA Exam prep, CMA Exam prep and Continuing Professional Education. Becker provides CPA Exam Review, CMA Exam Review and Continued Professional Education with expert instructors, high-quality content, flexible learning formats including on-demand resources and webcasts.