Merit Global Training

𝗨𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝗯𝗲𝘁𝘄𝗲𝗲𝗻 𝗔𝗪𝗦 𝗦𝗔𝗔 𝗮𝗻𝗱 𝗦𝗔𝗣 𝗰𝗲𝗿𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀: AWS Certified Solutions Architect – Associate (SAA) introduces you to AWS services. AWS Certified Solutions Architect - Professional (SAP) teaches you to think like an architect. For beginners, it’s best to start with SAA to build a strong foundation, and then move to SAP after gaining some hands-on experience with AWS services. Learn more about AWS SAA: https://lnkd.in/dWGehxj7 #aws #solutionsarchitect #cloudcomputing #certification

𝗪𝗵𝗮𝘁 𝗶𝘀 𝗜𝗙𝗥𝗦 𝟭𝟳? International Financial Reporting Standard 17 (IFRS 17), issued by the International Accounting Standards Board in May 2017, is a global accounting standard for insurance contracts. Effective for reporting periods starting on or after January 1, 2023, IFRS 17 represents a major shift in how insurers account for and report their financial performance. 𝗪𝗵𝘆 𝗱𝗼𝗲𝘀 𝗜𝗙𝗥𝗦 𝟭𝟳 𝗺𝗮𝘁𝘁𝗲𝗿? • Enhances transparency and comparability across insurers • Reflects current market conditions instead of historical costs • Improves insight into profitability and risk exposure • Strengthens decision-making for stakeholders By introducing a more consistent and forward-looking approach, IFRS 17 is transforming financial reporting across the insurance industry. 𝗜𝗻 𝘀𝗵𝗼𝗿𝘁: It brings greater clarity, accountability and confidence to insurance financial statements. 𝗟𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲: https://lnkd.in/guPxsnEK #ifrs17 #indas117 #accounting #training

𝗔 𝘀𝘁𝗿𝗼𝗻𝗴 𝗧𝗼𝘁𝗮𝗹 𝗥𝗲𝘄𝗮𝗿𝗱𝘀 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝗵𝗮𝘀 𝟱 𝗸𝗲𝘆 𝗰𝗼𝗺𝗽𝗼𝗻𝗲𝗻𝘁𝘀: 1. Base Pay 2. Incentives 3. Benefits 4. Career Growth 5. Non-financial rewards Yet, most organizations still focus primarily on the 𝗳𝗶𝗿𝘀𝘁. And then wonder why engagement and retention remain a challenge. Today’s workforce is not just evaluating how much they earn - but how valued they feel. Forward-thinking organizations are shifting toward a more holistic approach - designing rewards around the 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗲 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲, not just compensation. This is where 𝗧𝗼𝘁𝗮𝗹 𝗥𝗲𝘄𝗮𝗿𝗱𝘀 becomes a strategic advantage, not just an HR function. At Merit Global, we’re seeing growing interest in how organizations can build integrated reward strategies that truly attract, motivate and retain talent. How is your organization rethinking its rewards strategy? #TotalRewards #Compensation #HRStrategy #HumanResources #EmployeeExperience #TalentRetention #HRProfessionals #LeadershipDevelopment #MeritGlobalTraining

𝗜𝗙𝗥𝗦 𝟭𝟱 & 𝗜𝗙𝗥𝗦 𝟭𝟲: 𝗔 𝗦𝗲𝗹𝗳-𝗦𝘁𝘂𝗱𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝘆 Understand the fundamentals of: 𝟭. 𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗥𝗲𝗰𝗼𝗴𝗻𝗶𝘁𝗶𝗼𝗻 (𝗜𝗙𝗥𝗦 𝟭𝟱) 𝟮. 𝗟𝗲𝗮𝘀𝗲 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴 (𝗜𝗙𝗥𝗦 𝟭𝟲) A concise guide designed to help finance professionals quickly grasp key concepts and practical applications. Learn more: IFRS 15 - https://lnkd.in/e_iZKSyT IFRS 16 - https://lnkd.in/dgJmFFJB #IFRS15 #IFRS16 #Accounting #Finance #FinancialReporting #MeritGlobalTraining

𝗜𝗙𝗥𝗦 𝟭𝟲 – 𝗟𝗲𝗮𝘀𝗲𝘀: 𝗪𝗵𝗮𝘁 𝗖𝗵𝗮𝗻𝗴𝗲𝗱 𝗳𝗼𝗿 𝗬𝗼𝘂𝗿 𝗕𝗮𝗹𝗮𝗻𝗰𝗲 𝗦𝗵𝗲𝗲𝘁? 𝗖𝗼𝗻𝗰𝗲𝗽𝘁: Most leases now appear on balance sheet as assets & liabilities. 𝗨𝗔𝗘 𝗘𝘅𝗮𝗺𝗽𝗹𝗲: Retail shop in The Dubai Mall Annual rent: AED 1,000,000 Lease term: 5 years 𝗨𝗻𝗱𝗲𝗿 𝗜𝗙𝗥𝗦 𝟭𝟲: 1. Record a Right-of-Use (ROU) Asset 2. Record a Lease Liability (present value of lease payments) 𝗪𝗵𝘆 𝗶𝘁 𝗺𝗮𝘁𝘁𝗲𝗿𝘀: Previously (IAS 17): lease payments were just an expense → no impact on assets/liabilities. 𝗡𝗼𝘄: 𝗔𝘀𝘀𝗲𝘁𝘀 ↑ (ROU asset) 𝗟𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀 ↑ (lease liability) 𝗘𝗕𝗜𝗧𝗗𝗔 & 𝗽𝗿𝗼𝗳𝗶𝘁 𝗿𝗮𝘁𝗶𝗼𝘀 are affected (lease expense split into depreciation + interest) 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆: Even if your leases are “just rent,” IFRS 16 𝗰𝗵𝗮𝗻𝗴𝗲𝘀 𝗵𝗼𝘄 𝘆𝗼𝘂𝗿 𝗯𝗮𝗹𝗮𝗻𝗰𝗲 𝘀𝗵𝗲𝗲𝘁 𝗮𝗻𝗱 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗿𝗮𝘁𝗶𝗼𝘀 𝗹𝗼𝗼𝗸. Learn more: https://lnkd.in/dgJmFFJB #IFRS16 #Accounting #Finance #LeaseAccounting #UAE #IFRS #FinancialReporting #BFSI #Training

𝗨𝗽𝘀𝗸𝗶𝗹𝗹 𝗼𝗻 𝘆𝗼𝘂𝗿 𝘁𝗲𝗿𝗺𝘀. Join our eLearning programs and learn at your own pace - anytime, anywhere. https://lnkd.in/d2zBCDyh #eLearning #ProfessionalDevelopment #Upskilling #OnlineLearning #MeritGlobalTraining

Congratulations to Fhumulani Netshivhale CA(SA) on successfully completing the IFRS 17 training program with Merit Global Training! Your commitment to mastering complex financial reporting standards and enhancing your expertise in IFRS 17 is truly commendable. Wishing you continued success as you apply these valuable insights in your professional journey. #IFRS17 #Finance #ProfessionalDevelopment

𝗪𝗵𝗮𝘁 𝗶𝘀 𝗜𝗙𝗥𝗦 𝟭𝟳? International Financial Reporting Standard 17 (IFRS 17), issued by the International Accounting Standards Board in May 2017, is a global accounting standard for insurance contracts. Effective for reporting periods starting on or after January 1, 2023, IFRS 17 represents a major shift in how insurers account for and report their financial performance. 𝗪𝗵𝘆 𝗱𝗼𝗲𝘀 𝗜𝗙𝗥𝗦 𝟭𝟳 𝗺𝗮𝘁𝘁𝗲𝗿?  • Enhances transparency and comparability across insurers  • Reflects current market conditions instead of historical costs  • Improves insight into profitability and risk exposure  • Strengthens decision-making for stakeholders By introducing a more consistent and forward-looking approach, IFRS 17 is transforming financial reporting across the insurance industry. 𝗜𝗻 𝘀𝗵𝗼𝗿𝘁: It brings greater clarity, accountability and confidence to insurance financial statements. 𝗟𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲: https://lnkd.in/guPxsnEK #ifrs17 #indas117 #accounting #training

Congratulations to Paris Mathabatha (Pr.Eng, IWE) on successfully completing the CMRP certification with Merit Global Training! Your dedication to advancing your skills in maintenance and reliability is truly inspiring. #cmrp

Congratulations on completing IFRS 9 and ECL Modelling training program, Arnauld Defo Notam #ifrs9 #meritglobaltraining