Course Description:
The Accounting for Non-Accountants (AFNA) training course is designed to qualify trainees to obtain a strong foundation in accounting as well as learn terms used in accounting in addition to the basic principles in the financial world associated with the accounting process. This course aims to provide trainees with the most important fundamentals of accounting as well as reading and analyzing financial statements, in addition to understanding the relationship between accounting and finance, understanding the use of debits and credits, recording financial transactions accurately and summarizing them in financial statements, identifying the major rules and principles of accounting under the International Financial Reporting Standards (IFRS), studying the new automated accounting systems, and making financial statements’ adjustments.
Course Outlines:
- The Conceptual Framework of Accounting
- Accounting Cycle
- Double Entry Theory
- Journal Posting
- Prepaid &
Accruals
- Adjusting Entries
& Reclassification
- Classifying Accounts within Chart of Accounts
- Income Statement
& Balance Sheet
- Exercises and Practical Cases
- Teacher: Dr. Muhannad Oukal
Course Description:
The Intermediate Accounting (IA) training course is designed to enable trainees learn about the basics and certain complexities associated with the international accounting standards IAS along with the concepts and applications of the international financial reporting standards (IFRS) and to help them understand how these standards are used around the world and how to be used in practice.
Intermediate Accounting is one of the most important courses that builds a strong accounting basis and enables trainees who want to enrich their career by attending preparatory examination courses such as CMA, CIA, CFA, CPA, and DipIFR.
Course Outlines:
- Accounting: The Language of Business
- Financial Information
- Economic Entity
- Relevance
- Faithfull Representation
- Accounting Cycle
- The Accounting Equation
- The Recording Process
- Trial Balance
- Adjusting and Closing
- Cash and Cash Equivalents
- Financial Instruments
- Inventory
- Property, Plant and Equipment
- Intangible Assets
- Investment Property
- Teacher: Abdulazez Algenaimi
- Teacher: Dr. Wael Jakmiry
- Teacher: Dr. Dr. Muhammad Oukal
The Diploma in International Financial Reporting is an internationally recognized qualification in financial accounting using International Financial Reporting Standards (IFRS / IAS). It is accredited by the ACCA (Association of Certified Chartered Accountants) and is aimed at accounting and finance professionals who already have experience in accounting. On passing the final exam, the participant will be able to use the letters DipIFR after his/her name.
Course Outlines:
- International Sources of Authority
- Elements of Financial Statements
- Presentation of Financial Statements and Additional Disclosures
- Preparation of External Financial Reports for Combined Entities, Associates and Joint Arrangements
- Teacher: Dr. Dr. Muhammad Oukal
This practical course aims to provide a comprehensive overview of applying the most important International Financial Reporting standards to finance and accounting experts who are already familiar with fundamental accounting and reporting processes.
Practical applications of IFRS course is designed to support trainees with full guidance, examples and case studies, as needed on the job to develop and maintain IFRS knowledge; and keep up to date on new IFRS requirements.
Course Outlines:- Conceptual Framework for Financial Reporting
- IFRS 9 Financial Instruments
- IFRS 17 Insurance Contracts
- IFRS 16 Leases
- IFRS 15 Revenue from Contracts with Customers