Finance Training in Bhutan

The Cost Center module addresses the routines and practices essential for managing overheads, computing Bill of Materials (BOM) costs, and establishing product-level costing across manufacturing and service operations.

This instructor-led, live training (available online or onsite) targets intermediate-level practitioners who wish to configure, operate, and validate cost center routines within enterprise environments.

Upon completing this course, participants will be able to:

• Create, configure, and maintain cost centers that align with organizational structures.
• Build and validate BOM costing using standard, activity-based, and overhead allocation methods.
• Integrate machine hours, operator hours, and labor metrics into cost center calculations.
• Apply absorption costing principles to ensure accurate product and period-end valuations.

Format of the Course

• Guided instruction with case-based demonstrations.
• Hands-on costing exercises and spreadsheet-based modeling.
• Application-focused labs simulating real costing and reconciliation workflows.

Course Customization Options

• For tailored content, industry-specific costing models, or ERP platform alignment, please contact us.

CONTPAQi Nóminas stands as a premier payroll management solution in Mexico, engineered to automate salary computations, deductions, and tax reporting while ensuring strict adherence to labor and fiscal regulations.

This instructor-led, live training session, available both online and onsite, is tailored for intermediate-level HR and payroll professionals seeking to master the configuration, management, and maintenance of payroll operations via CONTPAQi, all while ensuring compliance with Mexican tax and labor laws.

Upon completing this training, participants will be equipped to:

• Grasp fundamental payroll concepts, including salary structures, benefits, and deductions.
• Efficiently configure and manage payroll processes using CONTPAQi Nóminas.
• Guarantee compliance with Mexican labor regulations, IMSS, and SAT requirements.
• Generate necessary reports, receipts, and electronic files for auditing and tax purposes.

Course Format

• Interactive lectures paired with live demonstrations.
• Practical, hands-on exercises utilizing CONTPAQi Nóminas.
• Guided practice sessions based on real-world payroll scenarios.

Customization Options

• For customized training needs, please reach out to us to make the necessary arrangements.

This program offers an extensive look at institutional due diligence frameworks tailored for financial entities, merging regulatory, financial, operational, and ethical compliance aspects. It aligns Common Reporting Standard (CRS) mandates with broader due diligence modules encompassing management, governance, technology, and business operations.

Delivered as instructor-led, live training (available online or onsite), this course targets intermediate-level compliance, risk, and operations professionals aiming to implement a comprehensive due diligence programme that aligns with international best practices and jurisdictional standards.

Upon completing this training, participants will be able to:

• Comprehend and apply due diligence principles across institutional, financial, legal, and operational spheres.
• Execute due diligence aligned with CRS and FATCA standards for tax-residency verification and reporting.
• Integrate governance, ESG, and business integrity measures into compliance systems.
• Develop risk-based due diligence frameworks that include management, marketing, and IT functions.
• Prepare internal teams for audits, regulatory reviews, and continuous improvement cycles.

Course Format

• Interactive lecture and discussion.
• Case studies and group exercises.
• Hands-on practice using mock due diligence documentation and workflows.

Course Customization Options

• To request a customized training for this course, please contact us to arrange.

The CRS is the OECD standard for the automatic exchange of financial account information across jurisdictions, designed to curb cross-border tax evasion by requiring financial institutions to identify and report accounts held by foreign tax residents.

This instructor-led, live training (available online or onsite) is tailored for intermediate-level compliance and operational professionals seeking to implement robust CRS-focused policies, conduct accurate tax-residency due diligence, and align internal processes with FATCA-like reporting requirements.

By the end of this training, participants will be able to:

• Explain the CRS reporting framework, key definitions, and jurisdictional obligations under the OECD standard.
• Apply CRS due diligence procedures (including indicia searches and self-certification handling) to identify reportable accounts accurately.
• Map and align internal KYC/AML workflows to meet CRS requirements and related FATCA-like obligations.
• Design controls, data workflows, and reporting processes to produce compliant CRS submissions.

Format of the Course

• Interactive lecture and discussion.
• Practical exercises and template-based labs (self-certification review, indicia assessment).
• Hands-on implementation examples for operationalizing CRS in onboarding and reporting systems.

Course Customization Options

• To request a customized version of this course (jurisdiction-specific rules, systems integration, or deeper FATCA comparison), please contact us to arrange.

This instructor-led live training in Bhutan (online or onsite) targets beginner-level non-finance professionals who wish to acquire a foundational understanding of financial and accounting principles essential for effective business decision-making.

By the end of this training, participants will be able to:

• Understand basic financial and accounting concepts that are essential for business decision-making.
• Interpret and analyze financial statements such as income statements, balance sheets, and cash flow statements.
• Apply key financial ratios to assess the financial health of a business.
• Develop and manage budgets and perform variance analysis to monitor business performance.
• Use break-even analysis to support operational and strategic decisions.

IFRS 17 serves as the global benchmark for accounting for insurance contracts, superseding IFRS 4. It establishes a uniform framework for the recognition, measurement, presentation, and disclosure of insurance contracts.

This instructor-led live training, available both online and onsite, is designed for finance and insurance professionals at intermediate to advanced levels who aim to leverage IFRS 17 for reporting, regulatory compliance, and performance analysis.

Upon completion of this training, participants will be equipped to:

• Apply IFRS 17 principles while preparing financial statements.
• Interpret and evaluate the impact of IFRS 17 on insurance contracts and organisational performance.
• Effectively implement measurement models and meet disclosure requirements.
• Ensure adherence to IFRS 17 standards while enhancing reporting transparency.

Course Format

• Interactive lectures and group discussions.
• Case-based exercises and financial analysis practice.
• Practical application to real-world reporting scenarios.

Customisation Options

• To arrange a tailored training session for this course, please get in touch with us.

This instructor-led, live training in Bhutan (online or onsite) is aimed at application consultants and business process owners who wish to learn how to configure business processes for SAP S/4 HANA financials module.

By the end of this training, participants will be able to:

• Understand the basic customizing settings in the main components of Financial Accounting with SAP S/4HANA.
• Configure the master data settings (G/L accounts, customer and vendor accounts) of FA with SAP S/4HANA.
• Configure document control, posting control, and financial document clearing settings of FA with SAP S/4HANA.

This instructor-led, live training in Bhutan (online or onsite) is aimed at intermediate-level professionals who wish to utilize QuickBooks to optimize accounts payable, receivable, payroll, and financial reporting tailored to their specific industry needs.

By the end of this training, participants will be able to:

• Navigate QuickBooks features relevant to financial and administrative tasks.
• Manage accounts payable and receivable efficiently.
• Generate and track invoices for various client and vendor workflows.
• Automate payroll processes and manage employee benefits.
• Create customized financial reports for analysis and decision-making.
• Optimize QuickBooks features to improve organizational efficiency.

This instructor-led, live training in Bhutan (online or onsite) is tailored for intermediate-level legal professionals seeking a comprehensive grasp of the FATF recommendations. The programme blends theoretical knowledge with practical applications.

Upon completion of this training, participants will be able to:

• Comprehend the history, purpose, and structure of the FATF and its recommendations.
• Identify and explain core concepts related to money laundering and terrorist financing.
• Analyze and interpret the 40 FATF recommendations and their broader implications.
• Develop and implement robust compliance programmes and risk assessment frameworks.
• Navigate the complexities of international cooperation and compliance monitoring.

This instructor-led, live training in Bhutan (online or onsite) is designed for advanced-level cloud financial management professionals who wish to validate their expertise in financial operations (FinOps) related to cloud cost management.

By the end of this training, participants will be able to:

• Gain the advanced knowledge required for the FinOps Certified Professional exam.
• Understand complex FinOps practices, including cost optimization, budget management, and reporting.
• Develop practical skills in applying FinOps strategies in real-world scenarios.
• Prepare for a successful completion of the FinOps Certified Professional exam.

This instructor-led, live training in Bhutan (online or onsite) is designed for intermediate-level legal professionals who wish to acquire a deep understanding of the mutual evaluation process, from preparation to follow-up, supported by practical applications and real-world case studies.

By the end of this training, participants will be able to:

• Gain an in-depth understanding of the FATF Recommendations, including technical compliance and effectiveness criteria.
• Learn how to effectively prepare for a mutual evaluation, including organizing national efforts, gathering documentation, and engaging stakeholders.
• Develop skills to conduct thorough and accurate on-site evaluations, including interview techniques, data collection, and stakeholder engagement.
• Utilize advanced analytical techniques and tools to support the mutual evaluation process.

This instructor-led, live training in Bhutan (online or onsite) is aimed at intermediate-level finance professionals who wish to gain a comprehensive knowledge of FinOps principles and methodologies, including cloud financial management, optimization strategies, and collaboration among finance, engineering, and business teams.

By the end of this training, participants will be able to:

• Understand the FinOps framework, principles, and phases.
• Manage cloud costs effectively through data analysis and governance.
• Collaborate between finance, engineering, and business units to align cloud spend.
• Use FinOps tools for cost allocation, forecasting, and optimization.
• Prepare for the FinOps Certified FOCUS Analyst exam.

This instructor-led live training in Bhutan (online or onsite) targets beginner-level banking professionals seeking to develop in-depth knowledge and skills for using the SWIFT network to manage international bank transfers.

By the conclusion of this training, participants will be able to:

• Understand the SWIFT network and decode SWIFT codes.
• Navigate SWIFT messages and execute international transfers.
• Learn about the potential risks associated with international transfers and how to mitigate these risks.
• Explore advanced SWIFT services and understand how they improve the speed, transparency, and traceability of cross-border payments.

This instructor-led, live training in Bhutan (online or onsite) is designed for finance and legal professionals who wish to master the principles and practices of extrajudicial and judicial collection, enabling them to effectively manage and resolve collection challenges.

By the end of this training, participants will be able to:

• Understand the advantages and disadvantages of extrajudicial and judicial collection.
• Apply the main methods and techniques of extrajudicial and judicial collection.
• Evaluate the effectiveness and efficiency of extrajudicial and judicial collection.
• Navigate the legal and ethical issues involved in extrajudicial and judicial collection.
• Integrate extrajudicial and judicial collection in a comprehensive and coherent way.

This instructor-led, live training in Bhutan (online or onsite) targets beginner-level financial analysts eager to master OneStream for financial analysis, reporting, and data-driven decision-making, while preparing for relevant OneStream certifications.

By the conclusion of this training, participants will be equipped to:

• Grasp the core functionalities of OneStream XF.
• Navigate the OneStream interface and workspace effectively.
• Load, transform, and validate financial data.
• Construct and analyze financial reports and dashboards.
• Leverage OneStream’s workflow automation features for financial planning and consolidation.
• Prepare for OneStream certification exams (e.g., OneStream Certified Professional - Financial Modeler (OCP-FM), OneStream Implementation Consultant, etc.).

This programme is tailored for organisations looking to streamline their operations by seamlessly connecting the digital platforms used in daily workflows, including Trello, QuickBooks, Google Workspace, and the WhatsApp API.

Delivered as an instructor-led live training (available online or onsite), this course guides participants through the process of linking and automating workflows. This approach enhances project and financial oversight while centralising information to drive better decision-making.

Upon completion of this training, participants will be equipped to:

• Establish connections and automate workflows between Trello, QuickBooks, and Google Workspace.
• Incorporate communication via the WhatsApp API into operational workflows.
• Design multi-platform automation systems that prioritise efficiency and control.
• Establish security and monitoring policies for active integrations.
• Document and sustain automated processes in active use.

Course Format

• Conceptual explanations paired with guided demonstrations.
• Practical exercises applied to real-world operational scenarios.
• Hands-on practice using company-specific data and tools.

Course Customisation Options

• Adapting the content to suit the organisation’s specific platforms and processes.
• Including additional tools such as Zapier, Make/Integromat, or Power Automate.
• Analysing and designing real data integration flows.

Excel training for financial analysis covers the advanced spreadsheet techniques that finance professionals need — from lookup functions, search formulas, and Pivot Charts through conditional formatting, external data workflows, and Securities analysis. Dives into practical approaches to evaluating time value of money concepts, identifying market trends, building financial forecasting models, and leveraging Excel's complete analytical toolkit for complex financial computations and reporting.

Python has emerged as a highly popular programming language within the financial sector. Utilized by leading investment banks and hedge funds, it serves as the backbone for a diverse array of financial applications, from core trading systems to risk management frameworks.

Through this instructor-led live training, participants will gain the skills needed to leverage Python for creating practical solutions to specific financial challenges.

Upon completion of this training, participants will be equipped to:

• Grasp the fundamental concepts of the Python programming language
• Download, install, and manage the most effective development tools for building financial applications in Python
• Choose and apply appropriate Python libraries and programming techniques to organize, visualize, and analyze financial data from various sources such as CSV, Excel, databases, and web APIs
• Develop applications that address issues like asset allocation, risk analysis, and investment performance
• Troubleshoot, integrate, deploy, and optimize Python-based applications

Audience

• Developers
• Analysts
• Quants

Course Format

• A blend of lectures, discussions, exercises, and extensive hands-on practice

Note

• This training focuses on providing solutions for key problems encountered by finance professionals. If there is a specific topic, tool, or technique you wish to add or explore in greater depth, please contact us to arrange accordingly.

Target Audience

This course is designed for Senior Management personnel who require a practical understanding of AML/CTF frameworks and their preventive measures, along with awareness of other pertinent and emerging Financial Crime issues.

Course Format

The session is delivered through a mix of:

• Facilitated Discussions
• Slide Presentations
• Case Studies
• Real-world Examples

Course Objectives

Upon completion of this course, participants will be able to:

• Elaborate on methods to prevent AML and CTF activities.
• Comprehend the key aspects of AML and CTF as they pertain to their organization, including national and international initiatives aimed at combating these crimes.
• Articulate the strategies companies and their employees should adopt to mitigate risks associated with Money Laundering and Terrorist Financing.
• Identify how a company might become a target for Money Laundering and Terrorist Financing, and explain how to recognize, prevent, and report 'red flags' indicative of suspicious or actual criminal behavior.
• Gain insight into other significant 'hot spots' within the Financial Crime landscape.

Finance / Management

This instructor-led, live training in (online or onsite) is aimed at manufacturing managers and engineers who wish to strengthen their ability to evaluate investments, build robust business cases, and present compelling narratives for capital projects.

By the end of this training, participants will be able to: calculate and apply core investment appraisal metrics to manufacturing scenarios, build a complete CAPEX investment case including cash flow projections and sensitivity analysis, use templates and Capex Cards to streamline the approval process, and prepare clear executive-level narratives to justify capital expenditure requests.

This live, instructor-led training (available online or onsite) is designed for managers seeking to identify and reduce the fraud risks affecting eCommerce businesses.

Upon completing this training, participants will be able to:

• Comprehend the mechanisms behind eCommerce fraud.
• Identify vulnerabilities within their company’s eCommerce platforms and operational processes.
• Evaluate the organization’s readiness to implement new anti-fraud measures.
• Effectively communicate and integrate suitable anti-fraud policies.

Course Format

• Interactive lectures and discussions.
• Extensive exercises and practical application.
• Hands-on implementation in a live lab environment.

Customization Options

• To arrange customized training for this course, please contact us.

This instructor-led, live training in Bhutan (online or onsite) is designed for financial professionals in US and non-US institutions who aim to comprehend the legal, compliance, and enforcement aspects of FATCA to maintain adherence to US tax authorities (IRS).

By the conclusion of this training, participants will be able to understand:

• The impact of FATCA on global tax compliance and financial transparency.
• The due diligence and reporting requirements imposed by FATCA.
• The most significant legal aspects of FATCA and methods to ensure compliance.

This foundational course offers participants a comprehensive and practical understanding of essential financial markets, including their objectives, operational functions, core activities, and regulatory frameworks. Designed to serve as both a refresher and an educational resource, the curriculum is structured to challenge learners and maximize their professional growth. Active feedback and discussion are encouraged throughout the sessions, which are designed to be interactive and engaging rather than merely passive or factual.

Upon completion, participants will be significantly better equipped to manage client relationships and address their ongoing requirements, while also gaining a deeper contextual understanding of the services and markets in which they trade and participate.

This instructor-led, live training in Bhutan (online or onsite) is aimed at cloud administrators, cloud architects, technology heads, and financial analysts who wish to record, manage, monitor, and process financial assets of an organization in the cloud.

By the end of this training, participants will be able to use FinOps practices in an organization to forecast costs, optimize processes, and perform financial management operations in the cloud.

This instructor-led live training (on-site or remote) is designed for accountants and bookkeepers looking to utilise Xero for bookkeeping purposes.

By the conclusion of this training, participants will be able to:

• Obtain a real-time perspective on cash flow.
• Link bank accounts to Xero for reconciliation.
• Prepare and review VAT (Value Added Tax) returns in Xero.
• Create reports for team sharing.

Target Audience

This course is designed for all staff members seeking a practical grasp of Compliance and effective Risk Management.

Course Format

The training employs a blended methodology comprising:

• Guided discussions
• Slide presentations
• Case studies
• Practical real-world examples

Learning Objectives

Upon completion of this course, participants will be able to:

Gain a robust understanding of key Compliance pillars, alongside national and international initiatives designed to manage associated risks.

Articulate how organisations and their teams can establish an effective Compliance Risk Management Framework.

Clarify the responsibilities of the Compliance Officer and the Money Laundering Reporting Officer, and comprehend how these roles are integrated within the business structure.

Pinpoint critical risk areas within Financial Crime, particularly concerning international operations, offshore centres, and high-net-worth clients.

This instructor-led live training in Bhutan (online or onsite) is aimed at developers who wish to use the Open Bank Project API to develop and test decentralized applications that can be integrated easily with digital banking systems.

By the end of this training, participants will be able to:

• Set up the necessary development environment to start developing applications with OBP API.
• Understand the Open Bank Project architecture, technology, and concepts.
• Learn how to use and customize OBP API to develop and build applications for banking.
• Explore the features, tools, APIs, and sandboxes in OBP.
• Implement security and integrations in OBP API connectors and adapters.

This instructor-led, live training in Bhutan (online or onsite) is aimed at finance managers, controllers, and accountants who wish to explore QAD's advanced features to manage and report financials.

By the end of this training, participants will be able to manage, report, consolidate, and streamline manufacturing accounts and financial data.

Your engineers act as the architects for your clients' digital transformation journeys. This proposal presents a 3-Day Technical Deep Dive tailored specifically for developers and technical architects. We shift focus from the "why" to the "how": demonstrating how to design decentralized ledgers, craft secure Smart Contracts for Supply Chain Finance (SCF) logic, and seamlessly integrate these decentralized layers with existing enterprise ERPs.

Upon completing this training, participants will gain the ability to:

• Architect DLT Solutions: Differentiate between and choose the right Layer-1/Layer-2 solutions (such as Ethereum, Hyperledger Fabric, or Polygon) for enterprise SCF scenarios.
• Develop Smart Contracts: Write, compile, and deploy Smart Contracts (e.g., using Solidity or Chaincode) to automate processes like factoring, invoice approval, and settlement.
• Implement Tokenization: Utilize ERC-20/ERC-721/ERC-1155 token standards to represent real-world assets (such as invoices or inventory) on-chain.
• Bridge Web2 & Web3: Design integration layers using Oracles (e.g., Chainlink) to retrieve off-chain data (like logistics APIs) to trigger on-chain payments.