Advanced Course in Application of Int'l Accounting Standards in Insurance Industry

Insurance is defined as the process by which a party wishing to insure the companies responsible for providing the insurance service collects and summarizes the information related to the risks and calculates their ratios, and works to assign a material value to compensate for these risks in case of occurrence of the first party in return for the party wishing to cover Insurance by paying a set of agreed installments and their value through the legal contracts concluded between the two parties under the umbrella of the laws governing the design of specific systems to work to reduce the effects of specific risks that may affect individuals or institutions by predicting these risks and identify the And to determine the economic losses that may result from them if they occur.

The insurance is defined as the organized cooperation between a large number of insured persons at risk of similar risks, and the role of the insured in this process is limited to the mere fact that the insurance is safe, safe and secure, and I have secured and secured security, safety and security against fear and honesty against betrayals. The management and organization of this cooperation in a scientific manner on the basis of technical enable him to estimate the premiums that must be paid by the participants in this cooperation in a way that can cover the risks that actually occur without bearing any of his own funds.

There are many ways to manage project costs by preparing a study of the cost of the project from top to bottom, calculating the cost of the used resources or studying the feasibility of the economic project. The calculation of the results of the profits can be calculated. The profit is generally measured and through which we can reach the criteria Objectivity enables us to calculate costs accurately.

The process of buying or selling goods or services and their consequences is recognized as the project's own procurement process. This process requires integrated management, monitoring, procurement and sales monitoring, compliance management of contract assets, Directly responsible for the management of contracts between the seller and buyer, and is prepared as part of project management as well as quality, human resources and project costs.

There are many factors and factors that play an important role in the failure of the project. These factors are either internal to origin due to problems in successful management dealings with the project, lack of talent in dealing with facts and external factors related to the nature of the economy of the place or country Where the project is established.

By the end of the course, participants will be able to: