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ACCA DipIFR (Rus) in Tashkent

HOCK Training announces enrollment of students for full-time preparatory course for ACCA DipIFR examination in Tashkent. Classes will start from August 23. The course is being run by HOCK Training jointly with the National Association of Accountants and Auditors of Uzbekistan (naaa.freenet.uz). For more details on the cost and the place of running classes, please contact us by e-mail or by telephone: (495) 645 00 80 in Moscow and (99871) 134-01-87 in Tashkent.

 

On June 30 HOCK Training Moscow will be located in a new office

Our new office is at 16 Krasnoproletarskaya Street, Building 3 (7 minutes walk from Novoslobodskaya Metro Station). Our new phone will be +7 495 645 00 80 will be active from July 1, and our existing phone number will continue to work. More information about our new office will be posted shortly.

 

Forum IFRS Kazakhstan 2008 “Transitional period” – new opportunities for companies” was held on June 11, 2008 in the building of Hyatt Rgency, Almaty

“B2B media” Company and “IFRS application practice” organized the forum. HOCK Training, The Chamber of Auditor’s of the Republic of Kazakhstan and KPMG were sponsors of the event.

About 200 auditors, accountants, financial directors and companies’ managers attended the forum. Mr. D. Schutz, Executive Director of Eurasian council of certified accountants and auditors, was the moderator of the forum.

The different sessions addressed the most problematic parts of introducing IFRS, particularly: accrued liabilities, reclassification and revaluation of fixed assets, consolidation of affiliated companies and other.

 

On August 26 HOCK Training launches Think on Your Feet ® course in Russian language

Think on Your Feet ® is a unique program that gives participants concrete, activated tools to use in spoken communication. This internationally known program is run in over 25 countries and has proven its effectiveness in many cultures ( www.thinkonyourfeet.com).

HOCK has already delivered this course in English in Moscow and Kyiv, and starting in August, we will be providing this course in Russian. All of the same tools and skills and practice that are in the English language program will be in the Russian language program.

Think on Your Feet ® courses are led only by instructors who have been accredited to lead the course by Think on Your Feet ®. The 2-day course provides tools for individuals to effectively communicate, providing a structure to think on “one’s feet” in all of the critical, but informal, communication we engage in.

The course size is limited because of the intense nature of the practice and implementation that is done in the course. Enrollment for the Russian language program is open and the first course dates are 26 and 27 August.

 

The results for the March 13, 2008 ACCA DipIFR (Rus) exam have been released

HOCK congratulated all of our students on their hard work and excellent results. Candidates prepared by HOCK had a 53% pass rate. According to official data the global pass rate was 45%. We heartily thank our trainers whose strong background and practical experience helped prepare our candidates.

 

All-Ukrainian Forum "Business and education: Inevitable Partners"

On April, 11 HOCK Training Company was one of the organizers of the all-Ukrainian Forum “Business and education: Inevitable Partners” under support of the Ministries of Education and Science of Ukraine and the Netherlands Embassy in Ukraine. HOCK organized the event in close partnership with SEUME (Consortium on improvement of management education in Ukraine).

The Forum was aimed to establish cooperation between business and education so that Universities in Ukraine could prepare highly skilled graduates with knowledge and skills necessary for modern business. This would ensure the competitiveness of Ukrainian business.

More than 170 persons attended the Forum, about 70 % of whom were representatives from Ukrainian institutes of higher learning. The remaining attendees were from such companies as MTS, Cisco, Intell, IBM Ukraine, Procter and Gamble, PricewaterhouseCoopers, Atlant-M, Probusinessbank, and many others.

Brian Hock, General Director of HOCK Training Company, gave a presentation on “The role of business in education development”.

 

First international exhibition on personnel management “Personnel EXPO 2008”

The exhibition was held in the Exhibition center “KievExpoPlaza” and was visited by 3187 guests. The event was organized by “Personnel Training”, All-Ukranian magazine, and TRAINING.COM.UA. project.

Brian Hock, General Director of HOCK Training company, presented the new course that will be provided by HOCK - “Think on Your Feet ®”, which is based on original methodology aimed at effective studying of communication techniques, the ability “to think on one’s feet” and use persuasion tools. Click here for more information about “Think on Your Feet ®”.

 

IFRS review seminar was held by HOCK Training Company in Almaty

Student's club session of young accountants was held on March 5, 2008 at the Kazakh Economic University named after T.Ryskulov. Members of student's club of the Caspian Public University and teachers from the Chair of «Accounting and audit» also participated at the session. HOCK Training company has organized a review seminar on IFRS for students and teachers within frameworks of USAID project on accounting reform and CIPA international program.

The session’s themes are determined by students themselves. HOCK presented to the group on the topic of international financial reporting system, and in particular its history, and the creation and development of IFRS.

Oksana Pastukhova, trainer of HOCK Training, spoke about history and the structure of IFRS in detail. “Economic situation in Kazakhstan and development of economic relations in market conditions require new approaches in drawing up of financial statements. This allows introducing the language of international business in Kazakhstan, which will lead to more respect of the Republic of Kazakhstan in global community”.

Kazakhstan plans to transfer a number of organizations to IFRS. Oksana Pastukhova noted that: “Introduction of IFRS in our country has begun since 1997 when KAS (Kazakhstan Accounting Standards) were adopted. KAS represent standards adapted for transitional economy, based on conventional accounting principles and methods. Now the principles of building of Kazakhstan accounting actually duplicate IFRS positions. However, a number of positions and principles, stated in KAS, are not yet applied in practice. In my opinion, new legislation on securities and joint-stock companies should speed up active interest of JSC financial statements users. Accordingly, this requires a certain level of IFRS knowledge from accountants”.

 

2nd Annual Forum on International Financial Reporting Standards in Kremlin

The 2^nd Annual Forum on International Financial Reporting Standards took place on February 18 in the State Kremlin Palace. HOCK Training acted as a partner of the event.

More than 1500 guests representing the largest Russian and international companies, financial and general directors, chief accountants, experts in financial reporting of companies, financial analysts, internal auditors and controllers were present at the Forum.

The Forum considered many topics: complicated issues of consolidation, accounting of assets, automation and staff training among others.

Ekaterina Valueva, trainer-consultant of HOCK Training, spoke in the section “IFRS Training” on the topic: “Difficulties and problems in corporate training. Ways of their resolution”. Ekaterina talked about important nuances of corporate training for an organization, methods of resolving difficult situations that may arise in the course of training, and shared existing solutions, that have successfully been implemented by HOCK Training.

 

Baker Tilly Rusaudit (BTR) chooses HOCK Training to be its basic training provider for its financial divisions staff. BTR also aims to attract and bring up young talented experts, opening new opportunities of successful career development for them

More than 60 experts of Baker Tilly Rusaudit company have been trained in АССА DipIFR(Rus) program in Russia and Ukraine for over 2-years cooperation with HOCK Training. BTR staff haму achieved a very high pass rate on the ACCA DipIFR (Rus) exam, which confirms their deep professional knowledge in the International financial reporting standards area.

The management of Baker Tilly Rusaudit shows high requirements to its personnel and is actively investing in the professional development of its staff.

The outcomes of joint collaboration between Baker Tilly Rusaudit - HOCK Training are: high quality training developing the practical skills with course participants, subsequently applied with success in the company’s activity. The cooperation between HOCK and BTR is expanding due to fast-growing requirements of the market for qualified personnel in financial sector. Baker Tilly Rusaudit is always looking to hire experts in the field of finance, audit and taxation (http://www.russaudit.ru/Prospects).

 

HOCK Training to launch a number of open trainings in 2008

Due to increasing demand for short-term programs in finance and accounting, HOCK Training is launching a variety of open trainings in IFRS topics and finance in 2008.

The first open training on the topic: “Practical aspects of consolidation - 1: Groups with several levels of consolidation” was held on February 19-20. Participants expressed a special gratitude to the teacher Ilia Agladze for the practical experience that they obtained during the course.

The training is focused primarily on large companies which prepare consolidated statements in accordance with IFRS.

The full course of Consolidations is divided into 3 levels. Topics include: accounting technique of various transactions on purchase and sale of affiliated companies; methods of accounting of investments in associated companies; specific approaches to accounting of investments in joint ventures, as well as main types of joint ventures and the procedure of their consolidation with statements of stakeholders and investors.

The second and the third level consolidation courses will be held on March 18-19 and on April 14-15, accordingly. The schedule for all open seminars is here.

 

Results of December 6 АССА DipIFR (Rus) Exam are released

Results of the December АССА DipIFR (Rus) examination were released on February 11, 2008. According to official data, the overall pass rate of candidates was 41%.

The pass rate for candidates who prepared with HOCK in Russia and the CIS countries was 59%, almost 1,5 times higher than the overall rate. This demonstrates the high quality of HOCK’s program, our teachers and our materials.

Statistics for HOCK’s candidates are as follows:

City	Total number of HOCK students	Number of Students who Passed	Passing rate (%)
Moscow	101	55	54
Minsk	27	18	67
Kyiv	38	22	58
Almaty	10	8	80

 

HOCK Works with the Kazakhstan Ministry of Finance to Provide IFRS Training across Kazakhstan

HOCK Training will conduct 10-day training seminars in 17 cities across Kazakhstan on the topic: “Accounting in accordance with International financial reporting standards (IFRS)” in the period from January 23 to April 22, 2008.

The trainings will be focused on teaching participants the fundamental knowledge and skills of IFRS practical application. More than 1000 participants from 17 regions of Kazakhstan are expected to take part in this training project.

For more details about the program, please read an official website of the Ministry of Finance RK.

 

HOCK Training - Official Provider of АССА DipIFR (Rus) Program in Kyiv

HOCK Training is proud to have been awarded the status of ”ACCA Approved Learning Partner - Student Tuition, Gold 2008” by the ACCA. Click here to learn more about this ACCA Program.

The АССА vigilantly follows the conformity to the necessary level of performance of official providers and conducts inspection of accredited providers of АССА preparatory programs on annual basis. Being an accredited provider of АССА DipIFR (Rus) program from 2005, HOCK Training has constantly improved the quality of our preparatory course, teaching methodology, training materials, and course administration.

 

Language barrier is broken: CIA training materials in Russian!

HOCK Training has completed the Russian translation of its materials for the first two parts of the CIA (Certified Internal Auditor) Exam. Parts 3 and 4 are currently in the process of translation and will be available already in the first half of 2008. Each part includes a textbook, flash-cards with key questions and answers and an electronic database of questions with past exam questions and answer explanations.

Though the CIA Exams themselves have not yet been translated into Russian, you can begin preparing now, or you can use these materials as a guide to international standards of internal auditing.

For more information, please, contact to Galina Matveeva in our Moscow office by phone: +7(495) 645-00-80 or e-mail: Galina.Matveeva@hocktraining.com

 

Third Kazakhstan conference on human resources management was held in Astana

On November 8-9, 2007 the Third Annual Kazakhstan Conference on Human Resources Management was held. The topic of the conference was “Personnel Competitiveness as a factor of company’s efficiency. State and prospects”.

Brian Hock was one of the speakers at the conference. He spoke on the topic “The Role of International Qualifications in Business Development”. Brian discussed the importance of international qualifications (such as АССА, СМА, CIA) and the advantages of having these Diplomas both for a specialist and for his employer.

 

HOCK Training representative office now in Minsk

In September 2007 HOCK Training opened a representative office in Minsk, Belarus. HOCK will provide courses for ACCA DipIFR (Rus), the CIA Exam in Russian and Open and Corporate Training in Minsk. The General Director of the Minsk Office is Edward Pilkevich. We are looking forward to working with companies in Minsk to prepare their staff for the preparation of IFRS Reporting and other accounting and finance areas.

HOCK celebrated its opening in Minsk on September 12 with a celebration and presentation at the International Educational Center (MIEC). More than 120 financial directors, chief accountants, auditors, individual businessmen, economists, analysts and teachers, mass media representatives were at the event.

 

Paul Sharman, President of professional organization IMA, supports the idea of opening Moscow branch of IMA in Russia

An initial meeting of possible Moscow branch of IMA was held on June 27, 2007 in Moscow. Paul Sharman, President of IMA organization, took part at the conference and acted with a report on global role of accounting in business processes. The event was attended by more than 70 professionals, many of whom have completed or are studying the CMA Exams.

Brian Hock also spoke at the event discussing his view of the role of professional organization, and what such organization can do both for its members and for the profession as a whole.