Management / Costing Finance and Accounting

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Fundamentals of Accounting

MF133

Date

Durations

Location

Fee inclusive of VAT

31-07-2022
3 Days
ONLINE
3,450 (SAR)
31-07-2022
5 Days
Khobar
7,475 (SAR)
14-08-2022
3 Days
ONLINE
3,450 (SAR)
14-08-2022
5 Days
Khobar
7,475 (SAR)
11-12-2022
5 Days
Riyadh
7,475 (SAR)

This Introductory course in accounting for any accountant will provides an understanding of the basic principles of accounting as used in general business.
The areas covered will provide a basis for a proper understanding of accounting in the business environment as well as the public sector; coverage will include but not be limited to the accounting information system, comprehensive financial statements preparation and analysis.

  • Read and interpret financial statements
  • Analyse business performance
  • Contribute to cash and working capital management
  • Build budgets and Manage costs and budgets
  • Present business cases and utilise financing techniques to improve decision making
  • All employees of financial and accounting departments and those responsible for the preparation of financial reports

The Basics

  • Accounting Terminology and Policies
  • Accounting as an information system
  • Basic cash flow statements

How To Interpret Accounts and Financial Statement Analysis

  • Preparing income statement & balance sheet
  • Financial and liquidity ratios
  • The cash conversion cycle
  • Accounting cycle
  • Registry books accounting.
  • Preparation of trial balance.
  • Preparation of financial statement
  • Income statement.

Planning for Profit

  • Understanding and working with costs
  • Plan for cost reduction and profit improvement
  • Fixed and variable costs income statement
  • Break-even analysis
  • Contribution margin
  • Standard Costing

Budgeting in Today’s Competitive Business

  • The Budgeting Process
  • The role of budgeting
  • Annual budgeting process
  • Identifying and resolving budgeting variances

Cash Flow & Investment Decisions

  • Capital budgeting
  • Weighted Average Cost of Capital
  • Presentation & Slides
  • Audio Visual Aids
  • Interactive Discussion
  • Participatory Exercise
  • Action Learning
  • Class Activities
  • Case Studies
  • Workshops
  • Simulation

Terms & Conditions

ACTrain reserves the right to alter the Course Schedule without Prior Notification, Fees Quoted are Subject to Terms & Conditions Outlined in ACTrain's Registration Policy

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With Group Discount

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