The British Academy for Training and Development understands that in today’s competitive business world, knowing accounting principles is crucial for evaluating the financial health of your company and making informed decisions. This course provides a comprehensive guide to accounting principles, helping you understand how they impact your daily activities and the company’s future success.

Accounting, known as the "language of business," involves analyzing, recording, and processing financial data through specialized systems. It helps provide financial insights into a company’s operations, enabling managers and owners to make strategic decisions.

This course will cover the key financial reports, including the income statement, budget, and cash flow statement, all of which are essential for understanding profitability, assets, and liquidity. With this knowledge, you can ensure that your financial decisions will support long-term growth.

This course offered to all those interested in financial accounting matters and who can take financial decisions as well as managers of companies.

Purpose of the course:

• Provide shareholders with the key principles of organizing material information in accordance with increasing damages.
• Teaching participants in the course methods of preparing the necessary reports and contributing in the administrative decisions.
• Develop special standards for these reports.
• How reports can be used.
• Identify advanced tools to predict future financial performances and successes and failures of countries.
• Identification of the practical damages caused by the mathematical treatments.
• This course also provides the required set of data for using the planning budget.
• Teaching control methods, control of real problems and practical application.
• Introducing trainees to the basic terms of accounting and information flow of accounting through good systems and in accordance with international standards.
• Provide the trainee with the methods of registering and migrating accounting entries.
• Acquire the skills to implement the performance of the financial time.
• Acquire the skills to close and create accounts for the end and create budgets in accordance with the international standards.
• Understand financial information and the importance and usefulness of each financial statement.

Target audience of this course:

• Account managers in institutions and establishments at different levels and degrees.
• Certified accountants.
• Any person who wishes to develop his financial and accounting skills in order to be able to analyze the financial situation of any originator, whether he owned, manager or worked in it.

The First Axis:

Methods of measuring accounting and financial performance:

• The relationship of financial analysis to financial performance, its measurement and evaluation.
• The benefits of financial analysis and its divisions.
• Methods of financial analysis.
• Applications for both principles and tools of financial analysis.
• Types of financial analysis.
• Ratios and indicators needed for financial analysis tools.
• Using financial analysis within government ministries and institutions to obtain information.
• Various practical applications.
• Establishing financial reports and issuing their standards.
• Introduction to Financial Accounting.
• Fundamentals of Financial Accounting.
• Activities at the end of the accounting period.
• Financial Statements: Introduction.
• Balance sheet elements.
• Elements of the income statement.
• Elements of the Financial Flows List.
• Special topics in accounting.
• Additional information on the financial statements.
• Annual Reports.
• Internal control over financial reporting.
• The overall issue and conclusion of the training workshop.

The second axis:

Objectives of predicting future financial performance:

• Discover possible financial problems and predict bankruptcy.
• Demonstrate the organization's ability to continue.
• Predict the success or failure of the organization.
• Prediction of bankruptcy.
• Failure prediction models.
• Practical applications to predict what will happen to financial performance.

The third axis:

• Use a method called "Compare with the best".
• Content "Compare with the best" method.
• Benefit of the method.
• Clarify the strengths and weaknesses of the organization.
• Various practical applications.

The fourth axis:

The roles of budgets for measuring financial performance:

• The concept of budget and its purposes.
• Uses of budget.
• Budget classifications.
• Basis of budget preparation.
• The necessary precautions to prepare the budget.
• The role of predicting in preparation of the budget.
• Planning for the budget.
• Budget preparation stages.
• Monitoring, evaluation of performance and its relation to the budget.

The fifth axis:

Balanced scorecard as an input to measure strategic performance:

• The concept of the card.
• Types of performance axes.
• Balanced axes of performance.
• Financial axis.
• Customer axis.
• Growth and learning axis.
• Internal transactions axis.
• Card building stages.
• Strategic performance measurement for institutions.
• Various practical applications.