Unveiling the Corporate Transparency Act | SOC 800 | Online

Thursday, December 7th, 2023

£99.00

*1 Session of 90 Minutes (Available on request). Check the date for the next program.

This program can be delivered as an in-house program tailored to meet the specific needs of your organization.

Navigating the Corporate Transparency Act: A Comprehensive Guide for Compliance Professionals

This comprehensive course is meticulously designed to provide an in-depth understanding of the Corporate Transparency Act (CTA), set to come into effect on January 1, 2024. It is tailored specifically for compliance professionals, business owners, and legal advisors who need to navigate the complexities of the new legislation.  The curriculum delves into the nuances of the CTA, focusing on its key provisions and the broader impact it will have on business operations. Participants will gain valuable insights into how the Act aims to enhance transparency in business ownership and financial activities, targeting the reduction of illicit activities such as money laundering and financial fraud.  One of the main features of the course is its emphasis on practical compliance strategies. It offers actionable guidance on how to adapt business practices to meet the requirements of the CTA. This includes understanding the reporting obligations for beneficial owners and developing systems to ensure accurate and timely information disclosure.

Moreover, the course addresses the challenges of maintaining client confidentiality while adhering to regulatory compliance. This balance is crucial, as businesses must protect sensitive client information while still complying with the transparency requirements of the Act.  Preparatory actions are a critical component of this training, especially considering the impending enforcement of the Act. The course guides participants through essential steps that should be taken before 2024, including reviewing and potentially adjusting ownership and management structures to comply with the new regulations. Participants will also explore the role of the CTA in risk management, understanding how compliance reduces risk exposure for both clients and advisors. By highlighting the responsibilities of advisors under the CTA, the course ensures that professionals are well-equipped to advise their clients effectively in this new regulatory landscape.

The program concludes with a Q&A session, allowing participants to engage directly with experts and clarify any uncertainties. This interactive component ensures that attendees leave with a clear, practical understanding of the CTA and its implications for their business and clients.  Overall, this course is an invaluable resource for professionals seeking to remain compliant and ahead of regulatory changes in the dynamic corporate landscape.

 

Key Learning Objectives:

  • Understand the core elements of the Corporate Transparency Act and its impact on businesses.
  • Identify best practices for adhering to regulatory compliance under the Corporate Transparency Act.
  • Explore strategies to maintain client confidentiality while complying with the Act.
  • Prepare for necessary actions before the Act’s enforcement, including changes in ownership and management.
  • Recognize the role of the CTA in mitigating risk exposure for clients and advisors.

 

Instructor Bio

Our faculty members are highly qualified experts with a diverse range of specializations, including International Financial Reporting Standards (IFRS), International Public Sector Accounting Standards (IPSAS), Generally Accepted Accounting Principles (USGAAP), UK GAAP, risk management strategies, valuations, mergers & acquisitions, corporate governance, ESG reporting, supply chain management, prudential regulations, and compliance matters such as Basel regulations, Solvency II, Anti-Money Laundering regulations, and more. Additionally, they have expertise in a variety of professional development programs, such as negotiation skills, presentation skills, data management, Python, Block-Chain, Digital Assets, and Becker CPA. This depth and breadth of knowledge ensure an engaging and effective learning experience for professionals and senior executives, helping to enhance knowledge retention.

Our faculty members are seasoned professionals with a wealth of experience in their respective fields. They bring a unique combination of practical knowledge and theoretical understanding to the classroom, making them well-equipped to address the challenges faced by professionals in today’s rapidly changing business environment. Their expertise and hands-on experience ensure that participants receive the most up-to-date and relevant information, which they can immediately apply to their own work. The interactive and engaging learning environment fostered by our expert instructors also helps participants retain information and improves their overall understanding of the subject matter. Whether you’re seeking to expand your knowledge, enhance your skills, or explore new career opportunities, our faculty members are equipped to provide you with the guidance and support you need to achieve your goals.

 

Instructor for this course

The course instructor will be one of our highly experienced faculty members.

 

Our Partners

Our Partners in Learning

Course Description

Brief Agenda:

  • Introduction to the Corporate Transparency Act
  • Key Provisions and Their Impact on Businesses
  • Practical Compliance Strategies
  • Client Confidentiality and Legal Compliance
  • Preparing for the Act: Steps to Take Before 2024
  • Risk Management and Advisor Responsibilities
  • Q&A Session

Why you must attend?

Unveiling the Corporate Transparency Act

This course is designed to be concise yet comprehensive, providing participants with actionable knowledge and skills to navigate the complexities of the Corporate Transparency Act effectively.

 

Teaching methodology

The training program will employ a comprehensive and engaging approach to learning, designed to deliver maximum impact and retention. The methodology includes:

  • A user-friendly slide deck that presents the concepts, methodologies, and principles in a clear and concise manner, making the material easily accessible to all attendees.
  • Interactive sessions featuring real-life case studies to provide hands-on experience and bring the material to life.
  • Explanations of concepts and methodologies through the use of examples and distinct scenarios, allow attendees to understand the material in context.
  • Group exercises designed to illustrate accounting principles, encouraging collaboration, and fostering a deeper understanding of the material.
  • Access to additional course material and handouts, ensuring attendees have a comprehensive reference resource to support their learning.
  • An open and inclusive atmosphere that encourages attendees to ask questions and engage in discussion, ensuring a thorough understanding of the material.

The combination of these elements creates a dynamic and engaging learning experience that will support the professional development of all attendees.

 

Who Should Attend?

Our professional development courses are designed for individuals who are looking to enhance their compliance knowledge and advance their careers. These courses are relevant to compliance professionals and also for individuals at all levels of an organization and across a broad range of industries and business functions.

 

Feedback

Upon completion of the course, all delegates will receive an evaluation questionnaire aimed at gathering valuable feedback. This feedback is crucial to Shasat’s ongoing commitment to improving the quality of its learning solutions. By analyzing the trends in the responses, we are able to continuously enhance and refine our offerings to meet the evolving needs of our clients.

Venue & other info

Our training programs take place at the most prestigious professional training facilities in the city. Our venues have been meticulously chosen and expertly crafted to deliver an unparalleled and sophisticated learning experience. To further elevate your training journey, we will offer an array of refreshments including gourmet tea/coffee, delectable snacks, and a sumptuous lunch to sustain you throughout the course. Your comfort and satisfaction are of the utmost importance to us.  One week before the program begins, you will receive comprehensive joining instructions that include the exact venue details.

Please note that accommodation arrangements are the responsibility of the attendee.

 

Workshop Delivery (Online Programs)

The workshop will be delivered via the WebEx platform. Upon registration, all participants will receive comprehensive joining instructions for the live workshop. This fully virtual event will encompass a live-streamed presentation, personalized networking opportunities, interactive Q&A sessions, engaging polls, and post-event consultation to address specific concerns and support your continued growth.
 

In-Person Workshop

Please be advised that for all in-person training programs, joining instructions will be sent via email to registered participants one week prior to the program’s commencement. These instructions will provide comprehensive information regarding the venue location, date, and time, as well as other important details such as parking arrangements, dress code, and any necessary equipment or materials. Kindly ensure that you carefully review the joining instructions and follow the guidelines provided to ensure a smooth and well-organized experience during the program.
 

Changes to the conference

Shasat reserves the right, at its sole discretion, to make modifications to the format, speakers, participants, content, venue location, program, or any other aspect of the conference, at any time and for any reason, without incurring any liability. This policy has been implemented due to recent events such as the Covid-19 pandemic and other jurisdictional restrictions. These modifications may include but are not limited to, changes necessitated by a Force Majeure Event
 

Sponsorship

We are pleased to offer sponsorship opportunities for our training programs, providing companies with a unique platform to showcase their brand and services to a highly engaged and relevant audience. By becoming a sponsor, your organization will have the opportunity to build brand awareness, demonstrate thought leadership, and cultivate valuable relationships with industry professionals. Our programs offer a platform to reach a targeted audience and generate new business leads while showcasing your expertise. The benefits of sponsorship include increased brand exposure, opportunities to connect with key decision-makers, and a platform to promote your products and services. We invite you to take advantage of this prime opportunity and partner with us to enhance your visibility and impact within the industry.
 

Terms and Conditions

We kindly request that you carefully review all of the terms and conditions outlined on our website. This information is critical in ensuring a clear understanding of our policies and procedures. Please follow the link provided to access this information.

 

About shasat

Discover more about Shasat by exploring our “About Us” page, where you can gain insights into our company’s mission, values, and history, and learn how we can help you achieve your goals.

Payment

Enroll in our program with ease by choosing from our secure online payment options. You can make a payment through our website using PayPal or Stripe, or opt for a bank transfer, demand draft, or cheque payment. Our payment page will provide all necessary options during checkout. If you encounter any issues, our customer service team is here to assist you. Simply reach out to us with your selected course, and we’ll guide you through the payment process.

We kindly request that you take into consideration any associated bank fees when making your course fee payment. To ensure your participation in the program, payment must be received before the course date. Once we have received both payment and a completed registration form, we will confirm your enrollment in the program. Thank you for your understanding and cooperation.

 

Group discount

Our company is proud to offer a group discount of 15% for organizations or individuals who book a course for 5 or more participants. To take advantage of this offer and receive a personalized group discount code, please reach out to our customer service desk at [email protected]. Our team will be delighted to assist you with the booking process and answer any questions you may have. With this group discount, you can invest in the professional development of your team and drive success for your organization. Don’t hesitate to contact us today to learn more.

 

CPD hours

Upon successful completion of the training course, each participant will receive a certificate of completion that attests to the number of hours spent in training and serves as a valuable representation of their dedication to professional development. The certificate is not only a symbol of their achievement but also serves as proof of continuous professional development (CPD) and demonstrates their commitment to staying current in their field. We believe that CPD is a crucial aspect of career advancement and personal growth, and are proud to provide our participants with this important document.

 

Enquiries

For further assistance, we invite you to contact our dedicated customer service team. Our experienced and knowledgeable representatives are available to answer any questions you may have and provide the support you need to make informed decisions. We are committed to ensuring that you have a positive experience and are here to help in any way we can. Please don’t hesitate to reach out to us at your convenience.

In-House Training

Enhance your team’s skills and drive success for your business with our custom In-house training program. Our tailored approach aligns with your specific business needs, offering a cost and time-efficient solution for upskilling your employees. This not only improves their productivity but also positions your company as a competitive force in the market. Transform your investment in employee development into tangible results by choosing our In-house training option. To discuss and learn more about our services, please don’t hesitate to contact our training desk. We’re ready to help you create a bespoke program that’s just right for you.