Certificate in Professional Accounting
5 DaysCertificate in Professional Accounting - Virtual Learning
Course Methodology
The course relies on presentations and explanations supported by examples from the consultant. Participants will solve exercises, participate in workshops and will have to go through an exam to earn their certificate.
Course Objectives
By the end of the course, participants will be able to:
- Enhance their accounting knowledge by learning how to account for income measurement and recognition
- Demonstrate knowledge of accounting for long lived assets and intangibles
- Explain current liabilities, contingencies, long term liabilities and bonds
- Apply accounting for operating and capital leases and understand how it will affect income statement and balance sheet
- Account for various investment types such as available for sale, trading and held to maturity
- Identify equity stock transactions, including dividends and stock splits
- Demonstrate knowledge of the rules of accounting changes and errors
Target Audience
Accountants, senior accountants, chief accountants, accounting managers, general ledger accountants, corporate accountants, and professionals interested in upgrading, enhancing, and refreshing their accounting skills.
Target Competencies
- Applying IFRS
- Recording and reporting accounting transactions
- Calculating doubtful debts and inventory loss of value
- Accounting for current assets per IFRS
- Capitalizing assets' costs per IFRS
- Differentiating between expenses and capitalized costs
- Classifying assets and liabilities properly
Course Outline
- Accounting: the language of business
- The environment of financial reporting
- The balance sheet
- Statement of shareholders’ equity
- The income statement
- The cash flow statement
- Cash and receivables
- Accounting for cash and cash equivalents
- Accounting for accounts receivable
- Inventory life cycle
- Accounting for inventory, costing, and measurement
- Computation of COGS using inventory costing methods
- Inventory valuations
- Property, plant, equipment and intangibles
- Accounting for purchased assets
- Asset capitalization rules
- Depreciation methods
- Straight line depreciation
- Units of production
- Double declining
- Maintenance and repairs expensing or capitalizing
- Accounting for retired, sold, and written-off assets
- Depletion of natural resources
- Intangible assets
- Liabilities
- Accounts payable and accruals
- Advances and refundable deposits
- Warranty obligations and contingencies
- Accounting for bonds
- Accounting for leases
- Classification criteria
- Operating lease
- Capital lease
- Investments reporting and classification
- Reporting categories for investments
- Trading securities
- Securities available for sale
- Debt held to maturity
- Equity method
- Shareholders’ equity
- Equity capital
- Stock subscriptions and stock splits
- Authorized, issued and outstanding shares
- Comprehensive income and loss
- Accounting changes and errors
- Restatements and prior period adjustments
- Accounting for a change in an estimate, principle and reporting entity
- Accounting for correction of errors
Mawred Certificate
Mawred Certificate courses by Al mawred Training & Consulting are designed for those willing to challenge themselves and go the extra distance...
Whats Makes EuroDXB Institute Courses Unique?
EuroDXB Institute is your gateway to professional growth, with over 20 years of experience turning potential into success. Each year, we deliver over 1,000 courses in 50+ countries, earning a stellar 98% satisfaction rate. Trusted by global giants like BP, the United Nations, and HSBC, we partner with top certification bodies to provide career-focused training that empowers individuals and drives organizational breakthroughs. Our mission? To transform the way professionals learn and grow in today’s fast-changing industries. Through expert insights, cutting-edge methods, and hands-on approaches, we equip you with the skills and confidence to tackle challenges, seize opportunities, and thrive in your career.
Led by a passionate leadership team and supported by a network of world-class trainers, EuroDXB Institute connects professionals worldwide with life-changing opportunities. We are committed to excellence, ensuring every participant leaves with the tools, expertise, and confidence to conquer an ever-evolving world.
Virtual Schedule
Classroom Schedule
We can customize this training course for you!
At Al Mawred, we offer customizable courses designed to fit your specific needs. Whether it's refining technical practices or enhancing leadership and management skills, we tailor our programs to meet your unique goals and challenges. Let us create a training solution that delivers real results for your team.
Request for In-House TrainingReady to advance your career?
Join thousands of professionals who have already enhanced their skills with EuroDXB Institute.
Register for this course