Cambridge
Academy
In London

Course Duration: Five Training Days

Course Language : Arabic or English

Include:

- Scientific materials with TAB

- Workshops

- Reception and farewell at the airport

- Daily lunch

- Coffee Break

To register, please contact us by email: info@caclo.co.uk

Program Objectives:

- Mastering modern accounting techniques for effective decision-making

- Use budgets to control your business.

- Provide participants with a set of knowledge of the new International Financial Reporting Standards (IFRS) and identifies the changes that have accompanied the application of IFRS to international and Arab business environments.

- Mastering the preparation of the income statement, balance sheet, and cash flow statement

- Use accounting techniques to improve profitability and efficiency.

- Develop the skills of participants in the design of final financial reports.

- Provide participants with all the professional problems that accompany the application of some accounting treatments to some accounting standards.

- Provide participants with a set of skills in how to use and benefit from financial reports through critical reading of them, in a way that enables judging the strength and strength of the financial centers of organizations and in a way that contributes to the support of many administrative decisions.

Target Audience:

- Accountants, heads of accounts and financial sectors

- Financial analysts in governmental and private economic institutions

- Internal and external auditors for various sectors

Program Content:

- Introduction to Accounting:

- The importance of accounting information

- The role of the finance function 

- Accounting equations and financial accounting systems

- Recording of facts and application of the judgment

- Preparation of an income statement and balance sheet

- Accounting principles and accounting standards

Accounting Reports:

- The form and contents of the income statement 

- coordination and the contents of the balance sheet

- impact of depreciation and decay on profit.

- Inventory identification and valuation 

- Prepare your cash flow statement.

- The importance of cash flow in business

Management Accounting for Control and Decision-Making:

- Collection and analysis of costs

- direct and indirect cost structure.

- Dealing with overhead — absorption costs or ABC?

- Cost-volume-profit analysis and break analysis

- Decision-making—making or buying

- Decision Making—Impact of Constraining Factors

System of Accounting Information:

- Accounting standards (International – IFRS – Public Sector Standards IPSAS)

- Accounting Standards Development Plan of the IASB and FASB

- Differences between international, Egyptian, and Gulf accounting standards

- Latest changes to International Accounting Standards and Financial Reporting Standards

- The use of electronic technologies in the management of the accounting information system

- The use of digital technologies in the management of the accounting information system

Applied problems resulting from the application of IFRS standards:

- Risks of applying IAS in accordance with the latest amendments

- Long-term asset and property management issues

- Problems with processing moral assets

- Problems addressing asset depreciation

- Financial instrument processing problems

- addressing financial leasing issues

 Communicate the plan through budgeting: 

- Institutional planning and corporate goals that are implemented through budgeting

- Budgeting process and time scale

- Techniques for forecasting sales budgets

- Successive budgets across entire businesses

- Preparation of functional budgets and cash budgets

- Budget principles, methodologies, and applications

Presentation of financial statements in accordance with IFRS for the purpose of financial decision-making:

- Users of financial statements (stakeholders)

- The role of financial statements in enhancing the values of communication with stakeholders

- View menus in light of IAS 1 – IAS 7 – IFRS (DRAFT).

- View balance sheet

- View the Comprehensive Income Statement

- View Cash Flow Statement

- Complementary clarifications

- Preparation and drafting of financial health reports to enhance decision-making:

- Financial Analyst's Work Principles

- Re-presentation of financial statements for financial analysis

- Strategic financial analysis of financial statements

- Horizontal and vertical analysis of financial statements

- Measurement of financial indicators and benchmarks

The use of financial analysis in predicting the continuity of organizations using CNC:

- Use the financial correlation method in measuring manipulation and fraud.

- Use the regression method in predicting future financial statements.

- Use the regression method in predicting financial failure.