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

Program Objectives:

- Introduce participants to the nature and types of accounting systems, and the cycle of their operation from the beginning of the occurrence of financial operations until the preparation and presentation of published financial reports and their complementary explanations

- Provide participants with the skills to prepare and present various financial reports in accordance with the latest requirements and versions of international accounting standards.

- Developing the skills of participants in conducting financial analysis and reading financial indicators in order to support strategic decision-making

Target Groups:

- Financial Accountants

- Heads of accounts in the financial sector

- Financial Analysts

- Members of the Internal Audit Department

- Non-financial members of the boards of directors of companies

Main contents:

- Development of accounting systems in business organizations:

- An introduction to the objectives, nature, and types of accounting systems in organizations.

- Financial operations and the cycle of the accounting system

- development of accounting thought in accordance with global economic developments.

International Financial Reporting Standards (IFRS):

- An Introduction to the Evolution of International Accounting Standards

- Joint project for the development of International Accounting Standards (IFRS)

- Latest Amendments to International Accounting Standards 2020

Presentation of financial reports in accordance with financial reporting standards :

- Types of financial statements—Assumptions—Principles

- View the statement of financial position

- View the comprehensive income statement

- View the list of cash flows

- Draft new standard for the presentation of financial reports

 Using Financial Analysis in Strategic Decision Making:

- Types of financial strategic decisions related to investment and finance

- Horizontal analysis of financial statements

- Vertical analysis of financial statements

- Measurement of (financial ratios & benchmarking)

The use of statistical methods in predicting financial failure:

- Forecasting financial performance using regression models

- Simple regression and multiple regression

- Financial Failure Measurement Models

- Calculate the financial correlation.

- Measurement of correlation coefficients—Pearson coefficient

- Indicators for measuring financial manipulation and fraud in financial statements

 Analysis of CNC Financial Statements : 

- Sort data in SORT financial forms.

- FILTER Feature

- SUPTOTALS Feature

- SUMIF-VLOOKUP functions.

- CHARTS Feature