Two accountants can look at the same set of financial statements and reach very different conclusions — the difference usually comes down to whether they know how to read variance, trend, and ratio, not just record transactions. That analytical skill is what separates routine bookkeeping from genuinely useful financial reporting.

This Arab British Fellowship Training Academy training course is built around that gap. Participants work through horizontal and vertical analysis, financial indicators, and statement preparation under international standards, then apply the same tools to assess financial damages and predict future performance. It suits certified accountants and account managers, but is equally useful to anyone who works with numbers day to day and wants a structured grounding in financial analysis.

Course Objectives

• Apply horizontal and vertical analysis, and read the financial indicators derived from them.
• Prepare financial position, income, and cash flow statements in line with international standards.
• Register and migrate accounting entries correctly, and close accounts at year end.
• Identify practical financial damages resulting from accounting treatments, and build reports that support recovery decisions.
• Use advanced tools to forecast future financial performance and feed data into the planning budget.

Who Should Attend?

• Account managers at institutions and establishments of all levels.
• Certified accountants and financial auditors.
• Employees of financial supervisory authorities.
• Anyone who wants to develop the financial and accounting skills needed to analyze the financial position of an organization, whether as owner, manager, or employee.

Module 1: Reading and Analyzing Financial Statements

• Advanced techniques for explaining financial performance.
• Horizontal and vertical analysis of financial information, and identifying financial indicators.
• Financial position analysis and comprehensive income statement analysis.
• Strategic analysis of the cash flow statement.

Module 2: Preparing Statements Under International Standards

• Presenting statements in line with international standards.
• Presenting statements of financial position and income statements.
• The statement of cash flows and its supplementary notes.
• Balance sheet elements, income statement elements, and financial flow list elements.

Module 3: Financial Accounting Fundamentals and Entry Registration

• Introduction to financial accounting and its fundamentals.
• Activities at the end of the accounting period.
• Methods of registering and migrating accounting entries.
• Special topics in accounting.

Module 4: The Evolution of Accounting Standards and Damage Evaluation

• Updating accounting data between countries, and the development of accounting theory.
• Establishing financial reports and issuing new standards.
• Identifying practical damages resulting from mathematical/accounting treatments.
• Advanced tools for predicting future financial performance, annual reports, and internal control over financial reporting.
• Skills for closing and creating year-end accounts and budgets.