The Arab British Fellowship Training Academy offers a professional training course in Applications of Modern Financial & Accounting Policies & Procedures for Performance Support. With the rapid development of accounting standards, regulations, and industry practices, individuals need ongoing training to keep up with all the changes. There is also a need to improve the quality of financial reporting by capturing, reporting and disclosing both regular and unusual business events. This training provides an overview of the key requirements for preparing financial statements and disclosures. This training course will help the participant overcome challenges in applying Modern Financial & Accounting Policies and provide best practices to achieve organizational goals.

Who should attend? 

• Professionals in the field of finance and accounting, accountants of all levels who want to expand their practical knowledge of finance and accounting, and certified finance and accounting professionals.

How attendees will benefit? 

After completion of the course, delegates will understand: 

• List basic financial reports and determine how best to structure and present them.
• Identify key recurring adjustments and impact on financial results.
• Explain how assets, liabilities, equity, income and expenses are properly accounted for in recurring and one-time transactions.
• Identify minimum disclosure requirements in financial statements for significant trading accounts.
• Preparation of financial statements from trial balance to disclosure.

• Annual financial results and business decisions.
• Profit and loss statement.
• Balance Sheet and statement of equity.
• Cash flow statement.
• Accounting adjustment.
• Financial reporting of major accounts and transactions.