Various Methods of Consumption Accounting

Why Attend

Organizations dealing with funds are keen to register all transactions that enter into their force. This course offers a number of interactive exercises according to the "learning by doing" approach. The course explains the role accounting plays as an assistant factor to make the financial decision. Students will be able to understand the role that accounting and reporting systems play in accounting in the organization's environment, as well as consider many conceptual issues related to accounting estimates.

Introduction to Financial Accounting is a basic course to lay the base for further study in financial management and accounting. The course explains the role accounting plays as an assistant factor to make the financial decision. Students will be able to understand the role that accounting and reporting systems play in accounting in the organization's environment, as well as consider many conceptual issues related to accounting estimates.

Financial accounting paves the way for people to work in the dual-entry system and expanding the understanding of the basic principles of financial accounting. This course sets the bases for subsequent courses in financial accounting.

Course Objectives

By the end of the course, participants will be able to:

Target audience of this course:

This course offers this course to the following institutions:

• Supervisory agencies and central banks.
• Financial institutions and commercial banks.
• Investment banks, housing and savings associations.
• Investment funds and brokering companies.
• Stock exchanges.
• Insurance companies and multinational corporations.
• Accounting companies and consulting firms.
• Law companies and rating agencies.
• Multilateral financial institutions.

Course Objectives:

After completing the course, students will be able to learn the following:

• Accounting concepts.
• Accounting Equation.
• Accounting rules.
• Transaction registration.
• Modification and correction of commercial records.
• Preparation of financial statements.
• Financial statements analysis.
• Settlement of accounting records.