Basic Financial Accounting

Accounting for Non-Accounting Professionals

Part 1 – Context and purpose of Financial Reporting

  • Introduction to accounting
  • The regulatory framework
  • Accounting conventions / Accounting concepts

 

Part 2 – Introduction to Double Entry Bookkeeping

  • The accounting equation and the balance sheet
  • The double entry system for assets, liabilities and capital
  • The asset of stock
  • The effect of profit or loss on capital and the double entry system for expenses and revenues
  • Balancing off accounts
  • The trial accounts

 

Part 3 – The Final Accounts of Sole Traders

  • Trading and profit and loss accounts: an introduction
  • Balance sheets
  • Trading and profit and loss accounts and balance sheets: further considerations

 

Part 4 – The Final Accounts of Sole Traders

  • Books of original entry and ledgers
  • The banking system
  • Cash books
  • The sales journal and the sales ledger
  • The purchases journal and the purchases ledger
  • The returns journal
  • The journal
  • The petty cash book
  • Value added Tax
  • Employees’ pay
  • Computers and accounting

 

Course Offerings

3 day program (6 hours each day) + 1 day exam (3 hours)

Certificate attested by KHDA

Practice questions in class + live case studies

Hard copy study notes included

 

Course Pre-requisites

Be able to read, write and speak English with fluency
No other course pre-requisites required.

 

Who should attend?

Small business owners New Entrepreneurs
Students Junior Accountants
Accounting Assistant Finance Assistant
Secretaries Cashiers
Admin Human Resource Professionals
Sales Manager Information Technology Professionals
Bankers Marketing and Advertising Professionals

 

AED 1,990 per person

10% Early bird discount

15% Group discount

Intermediate Financial Accounting

Intermediate Accounting for Future Accountants

Part 1 – Review of Financial Accounting Basics

  • The regulatory framework
  • Accounting conventions / Accounting concepts
  • The double entry system for assets, liabilities and capital
  • The accounting equation and the balance sheet
  • The trial accounts

 

Part 2 – Adjustments Before Final Accounts

  • Sales tax
  • Inventory
  • Tangible non-current assets
  • Intangible non-current assets
  • Accruals and prepayments
  • Irrecoverable debts and allowances
  • Provisions and contingencies
  • Control accounts
  • Bank reconciliations
  • Suspense accounts and correction of errors

 

Part 3 – Special Accounting Procedures

  • Single entry and incomplete records
  • Partnership accounts
  • Manufacturing accounts
  • Departmental accounts
  • Joint venture accounts
  • Cashflow statement
  • Bills of exchange
  • Consignment accounts

 

Part 4 – Financial Statement Analysis

  • Introduction to accounting ratios
  • Analysis and interpretation of accounting statements

 

Course Offerings

3 day program (6 hours each day) + 1 day exam (3 hours)
Certificate attested by KHDA
Practice questions in class + live case studies
Hard copy study notes included

 

Course Pre-requisites

A minimum of 45% score in the exam for Certificate in Financial Accounting Basics.
Be able to read, write and speak English with fluency

 

Who should attend?

CFOs Finance Manager
Accounts Manager Business Development Managers
Small business owners Entrepreneurs
Students Junior Accountants
Accounting Assistant Finance Assistant
Secretaries Cashiers
Admin Human Resource Professionals
Sales Manager Information Technology Professionals
Bankers Marketing and Advertising Professionals

 

AED 2,490 per person

10% Early bird discount

15% Group discount

 

Advanced Financial Accounting

Advanced Financial Accounting for Experts

Course Offerings

3 day program (6 hours each day) + 1 day exam (3 hours)
Certificate attested by KHDA
Practice questions in class + live case studies
Hard copy study notes included

 

Course Pre-requisites

A minimum of 45% score in the exam for Certificate in Intermediate Financial Accounting.
Be able to read, write and speak English with fluency

 

Who should attend?

CFOs Finance Manager
Accounts Manager Business Development Managers
Small business owners Entrepreneurs
Students Junior Accountants
Accounting Assistant Finance Assistant
Secretaries Cashiers
Admin Human Resource Professionals
Sales Manager Information Technology Professionals
Bankers Marketing and Advertising Professionals

 

AED 2,990 per person

10% Early bird discount

15% Group discount