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

Course Objectives:

Introduce participants to the concept of human resources and human capital and their importance as an economic resource in various business organizations and the cost of this resource and its economic returns, in addition to the historical development of the concept of human resources accounting, models and methods of measuring human capital, accounting treatment, and methods of disclosure in financial statements with the submission of practical cases.

Target Groups:

- Accountants and CFOs

- Officials and employees of the Human Resources and Personnel departments

- Officials and employees of central accounting departments and departments

- Financial analysts, planners, and estimated budget preparers

- Officials and employees of the Audit and Internal Control Departments

Program Content:

- Accounting theoretical framework

- The importance of accounting

- Budget equivalence and a dual entry system

- Documentary cycle of the accounting system 

- Recognize, assess, and compute the most important accounting items and concepts.

- Methods of calculating depreciation expense

- Capital expenditure and current expenditure

An Introduction to Human Resources Accounting :

- Definition of assets and their characteristics

- Asset classifications

- Historical development of human resources accounting

- The development of the concept of human capital in economic thought

Objectives, Importance, and Models of Human Resource Accounting:

- Human resources accounting objectives, importance, and assumptions based on them

- The importance of human resources accounting in business organizations

- Views for and against human resources accountability

- Human assets and capital

- Models for calculating the value of human resources in companies

Accounting treatment of human resources :

- Objectives of accounting treatment

- Description of accounting treatment

- Assumptions on which accounting treatment depends

- Basic elements of accounting processing

- Procedures for the application of accounting treatment

- Accounting entries for human resources

- Factors influencing the application of accounting treatment

- Difficulties in the application of human resources accounting treatment

- Criticisms of the accounting treatment of human resources

Wage and Salary Information Systems Course under Electronic Systems :

- Elements of the Wage and Salary Information System

- System inputs—methods of time counting

- Operations (wage determination)

- System Outputs—Wage Reports and Lists

The Internal Wage and Salary Control System:

- Time recording control procedures

- Control procedures for the preparation of wage statements

- Procedures for controlling the payment of wages

- Procedures for the control of casual employment

Design and preparation of the wage budget in government and private units:

- Components of the wage and salary budget 

- CNC wage estimation models.

- Control over the implementation of the wage and salary budget

- Calculate wage and salary variations.