Organizations dealing with funds are keen to register all transactions entering into their territory. This course offers a number of interactive exercises according to the “learning by doing” approach.

The course explains the role accounting plays as an adjunct to financial decision making.

Students will be able to understand the role accounting and reporting systems play in accounting in the organization’s environment, as well as consider many conceptual issues related to accounting.

Arab British Fellowship Training Academy offers this course to the following categories:

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

After completing the program, participants will be able to master the following topics:

• Accounting definitions.
• Accounting equation.
• Accounting rules.
• Transaction registration.
• Modification and correction of commercial books.
• Preparation of financial statements.
• Financial lists analysis.
• Settlement of the books of accounts.

• Correcting wrong entries.
• Write correction and adjustment restrictions.
• Preparation of revised audit balance.
• Closing the accounts.
• Preparation of financial statements.