Financial Accounting & Reporting
Code | Available Dates | Places & Fees | Registeration | ||||||
| |||||||||
| |||||||||
| |||||||||
| |||||||||
| |||||||||
| |||||||||
1- Online Training...with international accreditation. The value of participation per person is €1,450
2-Requirement : specifying the course, number of participants
implementation date, and joint coordination.
Group contracting ... 20% Discount For Each Participant In Any Group Of Five Person Or More
Other Places To Hold The Course :
KualaLumpur.. Istanbul.. Dubai.. Cairo.. Riyadh.. Jeddah.. Abu Dhabi.. Doha.. Muscat.. Sharm El Sheikh.. Kuwait.. Tripoli.. Amman.. Beirut.. Damascus.. Tunisia.. Casablanca.. London.. Paris.. Barcelona.. Amsterdam.. Brussels
Financial Accounting & Reporting
Introduction :
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 disclosing regular and unusual business transactions. ‘Financial Accounting and Reporting’ is a course prepared and facilitated by professionals who not only master the theoretical facts of academia, but who also have a solid and practical global experience.
Course Objectives :
At the end of this course, the participants will be able to :
- 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
Targeted Audience :
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 Outlines :
- Financial statements and business decisions
- The financial accounting cycle
- Four or five key financial statements
- Management uses of financial statements
- Relationship among financial statements
- Essential notes and disclosures to the financial statements
- Basis of preparation
- Accounting policies
- Related parties’ transactions
- Contingencies
- Risk managements
- Subsequent event
- Simulation 1: reporting on general information, basis of preparation and significant accounting policies
- Income statement
- Revenue and expense recognition: applying the accrual basis
- Matching principle between revenues and expenses
- Other comprehensive income components
- Earnings per share reporting
- Simulation 2: mapping accounts and preparing income statement using Excel
- Simulation 3: creating income statement disclosures
- Balance sheet and statement of owners’ equity
- Minimum presentation requirements of balance sheet accounts
- Definitions of accounts in the balance sheet
- Correct presentation for statement of owners’ equity
- Simulation 4: mapping accounts and preparing equity and balance sheet using excel
- Cash Flow Statement
- Exploring the three sections of a cash flow statements
- Direct versus indirect method of cash flow statement preparation
- Linking cash flow statements to notes
- Accounting adjustments
- Accruals and unearned revenues
- Prepayments and deferrals
- Accounting estimates
- Financial reporting for major accounts and transactions
- Measuring and reporting accounts receivable
- Estimating and accounting for bad debts
- Costs to be capitalized in inventory value
- Inventory cost flow assumptions
- Presenting inventory at lower of cost or net realizable value
- Simulation 5: hands-on preparation of disclosures on current assets
- Classifying, measuring and recording long lived assets
- Repairs, maintenance, and additions to long lived assets
- Depreciation and amortization
- Disposal of long-lived assets
- Accounting and reporting for intangibles
- Accounting for investments
- Passive investment, exercising significant influence or control
- Types of equity and debt investments
- Simulation 6: hands-on preparation of disclosures on non-current assets
- Definitions and classification of liability accounts
- Types of ownership and stock
- Accounting for capital and dividends
- Simulation 7: required disclosures on long-term obligations and equity
- Wrapping it up: linking notes to face of financial statements
European Business Center Training Methodology :
Our training work is presented in a professional and attractive manner.. Interspersed with interceptive information to renew attention throughout the training period… We aim with this method to train the listener and interact… In addition to practical applications that target the direct skills and knowledge required to be achieved.. It is presented to the trainees in more than one way.. Practical exercises and applications.. Surveys and questions.. A training strategy has been adopted based on pairing between the theoretical and the professional and between the local and the global.
What Does The Participant Get From The Course?
Each participant obtains an internationally accredited training certificate from the European Business Center for Training and Development … which has the ISO certificate in quality No. 900/2015 from the English international company UCAS .. and receives a training bag containing the scientific material via an electronic flash … in addition to an enjoyable and useful training that is reflected Positive and developmental for individuals and the institution
Note :
We can implement the training course in any of the cities referred to in this course..at the appropriate and required time for the trainees..through joint coordination with the training department at the center..the training is implemented in a distinctive manner according to the best quality standards so that we meet all training requirements and needs.
International Accreditations
European Business Center for Training and Development has obtained international and official accreditations with the highest and best international levels scientifically and technically, which reflect the level of outstanding performance in our training work.. so that it achieves what each participant aspires to by obtaining the best certificates with officially approved scientific and technical standards.
