Accounting, governance and financial management

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‎المحاسبة و المالية

1/3/20242 min read

Accounting, governance and financial management

Introduction:

The Accounting, Governance, and Financial Management course provides participants with an opportunity to learn advanced accounting skills, principles of sound governance, and financial resource management. It is considered an important course for developing the financial capabilities and skills of individuals and institutions. This course highlights the fundamentals of accounting, understanding financial concepts and procedures, and provides an in-depth view of governance and the importance of transparency and responsibility in managing financial resources to ensure the success and sustainability of businesses. The course also covers topics related to financial planning, budgeting, cost control, and financial performance analysis. Through this course, participants can benefit from the latest practices and tools in this field, enhancing their ability to make strategic financial decisions and achieve optimal results for the organizations they work for.

Course Objectives:

By the end of the course, participants will be able to:

Provide a clear and deep understanding of basic accounting principles and concepts.

Enhance financial management skills and the ability to prepare and analyze budgets and cost control.

Learn how to analyze financial data and evaluate the financial performance of institutions.

Gain knowledge of the importance of governance and the obligations of transparency and responsibility in financial management.

Achieve efficiency and improve the ability to make informed and strategic financial decisions.

Use the latest tools and practices in accounting and financial management.

Learn how to manage financial resources effectively to ensure the success and sustainability of institutions.

Training Methodology:

The training methodology in the Accounting, Governance, and Financial Management course is committed to providing a comprehensive and integrated learning experience. The course relies on a mix of interactive lectures, workshops, and case studies to enhance understanding and practical application of acquired knowledge. Emphasis is placed on active learning and continuous participation through practical exercises and case studies focusing on real-world work challenges. Multiple assessment methods are used to ensure understanding of learning outcomes and verification of achieving the course objectives. All of this provides a stimulating learning environment that contributes to the effective development of participants' skills and knowledge.

Program Content:

Fundamentals of Accounting:

Basic accounting principles

Ledgers and accounting records

Financial statements

Costs and expenses

Assets and liabilities

International accounting standards

International Financial Reporting Standards (IFRS):

Understanding the principles and basics of IFRS

Learning how to apply standards to financial reports

Reviewing differences between IFRS and local standards

Distinguishing between the requirements of different reports

Studying the financial and tax implications of IFRS

Providing practical examples of using IFRS in financial reporting

Modern Financial Management:

Contemporary theories in financial management

Strategies for managing financial risks

Modern methods of financial analysis and planning

Modern methods of finance and investment management

Financial innovations and financial technology

Using artificial intelligence and machine learning in financial management

Financial Sustainability:

Concept of financial sustainability

Strategies to ensure long-term financial health

Integrating sustainability into business models

Financial strategies for green companies

Impactful investment and sustainable financing

Challenges of achieving financial sustainability

Governance and Transparency:

Concept of governance and its importance

Principles of good governance

Role of regulatory committees in governance

Transparency and accountability in financial management

International governance standards

Ethics of accounting and social responsibility

Financial Resource Management:

Budget planning and estimation

Cost management and gap analysis

Break-even analysis and profit

Identifying appropriate sources of financing

Cash management and liquidity improvement

Financial evaluation methods for projects

Financial Analysis and Evaluation:

Profitability analysis

Cash flow analysis

Financial evaluation

Ratio analysis

Future financial planning

Financing strategies

Tax and Legal Planning:

Principles of taxes

Tax planning

Financial laws

Tax disputes

Tax disclosure

Legal obligations

Accounting Communication and Presentation Skills:

Basics of effective accounting communication

Writing accounting reports

Presenting financial data to stakeholders

Art of accounting negotiation

Listening skills and responding

Using visual tools in accounting presentations