MF120
Applications of Modern Financial & Accounting Policies & Procedures for Performance Support
تطبيقات السياسات المالية والمحاسبية الحديثة والإجراءات اللازمة لدعم الأداء
LanguageLanguage: EN / AR

Course Overview

With the rapid developments in accounting standards, regulations, and industry practices, individuals need continuous training in order to keep abreast of all the changes. They also need to improve the quality of financial reporting by recording, reporting and disclosingregular and unusual business transactions.

Course Objective

  • List the basic financial statements and determine the best structure and presentation practices
  • Recognize important periodical adjustments and their effect on financial statements
  • Explain how to properly account for assets, liabilities, equity, revenues and expenses during recurrent and non-recurrent transactions
  • Identify minimum disclosure requirements in the financial statements for major accounts of transactions
  • Prepare financial statements starting from raw trial balance and ending with full comprehensive disclosures

Who Should Attend??

Professionals in the field of finance and accounting, accountants at all levels seeking to enhance practical finance and accounting knowledge, and certified financial and accounting personnel.

Course Outline

  • Financial statements and business decisions
  • Income statement
  • Balance sheet and statement of owners' equity
  • Cash Flow Statement
  • Accounting adjustments
  • Financial reporting for major accounts and transactions

Training Methodology

  • Presentation & Slides
  • Audio Visual Aids
  • Interactive Discussion
  • Participatory Exercise
  • Action Learning
  • Class Activities
  • Case Studies
  • Workshops
  • Simulation