BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.2.3.1//EN BEGIN:VEVENT UID:1693@x8ti.com DTSTART;TZID=Asia/Riyadh:20260706T090000 DTEND;TZID=Asia/Riyadh:20260717T130000 DTSTAMP:20260208T141817Z URL:https://x8ti.com/event/financial-accounting-and-reporting-training-cou rse-2/ SUMMARY:Financial Accounting and Reporting Training Course DESCRIPTION:Introduction\nIn today's information-driven world\, accounting serves as the language of business\, enabling managers to communicate cruc ial financial information internally and externally. Effective accounting facilitates decision-making\, enhances efficiency\, and ensures organizati onal sustainability. Financial accounting goes beyond mere bookkeeping\; i t involves recording\, classifying\, summarizing\, and interpreting financ ial data to create valuable financial statements.\nLearning Objectives\nTh e Financial Accounting and Reporting course aims to:\n\n Understand key f undamentals\, jargon\, and systems of financial accounting and reporting.\ n Grasp accounting concepts and conventions.\n Identify various users of financial information and prepare relevant reports.\n Read and prepare f inancial statements like Profit and Loss Accounts\, Balance Sheets\, and C ash Flow Statements.\n Interpret and analyze financial statements using t ools like financial ratios.\n Overcome challenges in financial reporting. \n Use accounting information for managerial decision-making.\n Evaluate the firm's financial health and performance.\n Stay updated with emergin g accounting trends.\n\nTraining Methodology\nThis course by Xcelerate Tra ining Institute includes:\n\n Interactive lectures\n Query solving sessi ons\n Group discussions\n Presentations\n Practical problem-solving\n Use of the latest tools\n Analysis of financial statements of large corpo rations\n Management simulations\n\nBenefits for Your Organization\nOrgan izations will benefit from:\n\n Effective communication of financial info rmation across departments.\n Compliance with statutory regulations and a voidance of penalties.\n Accurate assessment of the firm’s financial he alth through intra-firm comparisons.\n Appraisal of financial performance against competitors via inter-firm comparisons.\n Enhanced decision-maki ng with readily available financial data.\n Provision of relevant financi al information to external users like investors and creditors.\n\nBenefits for You\nParticipants will gain:\n\n Up-to-date accounting knowledge for a competitive edge.\n Understanding of the company’s financial status for sound investment decisions.\n Awareness of industry tools\, trends\, and practices.\n Ability to identify and rectify weak financial aspects t imely.\n Skills to apply financial techniques and identify business stren gths.\n Proficiency in financial accounting that complements other busine ss functions\, aiding career growth.\n\nTarget Audience\nThis course is id eal for:\n\n Budding entrepreneurs and start-up founders\n Proprietor ow ners\n Taxation authorities\n Finance heads and managers\n Departmental heads and managers\n Credit managers\n Shareholders\n Investors\n Fin ancial analysts\n Investment advisors\n Financial planners\n Wealth man agers\n\nCourse Outline\nBasics of Financial Accounting\n\n Meaning\, Nee d\, and Terminology of Financial Accounting\n Accounting Cycle\n Double- Entry System\n Accounting Equation\n Cash and Accrual Systems of Account ing\n GAAP\n Accounting Concepts and Conventions\n\nBasics of Financial Reporting\n\n Evolution of the Regulatory Framework of Financial Reportin g\n Conceptual Framework\n IFRS\n Users of Financial Information\n The ories of Disclosure\n Accounting Standards\n Annual Report\n\nRecording and Posting of Transactions\n\n Source Documents\n Classification of Acc ounts\n Journalizing\n Posting and Balancing\n\nPreparation of Financial Statements\n\n Aspects of Financial Statements\n Manufacturing Account\ , Trading Account\n Profit and Loss Account: Classification\, Accounting Treatment of Revenue and Expenses\n Balance Sheet: Classification\, Accou nting Treatment of Assets and Liabilities\n\nAccounting for Share Capital\ n\n Classification of Capital\n Types of Shares\n Basic Terminology\n Off-Balance Sheet Finance\n Financial Instruments\n Allotment of Securit ies\n The Balance Sheet of the Company\n\nDepreciation and Valuation for Inventories\n\n Basics of Depreciation\n Methods of Allocating Depreciat ion: Straight Line\, Written Down Value\n Sinking Fund Method\n Provisio ns and Reserves\n Revenue Reserve and Capital Reserve\n Inventory System s: Periodic and Perpetual\n Methods of Valuation of Inventories: LIFO\, F IFO\n\nAnalysis and Interpretation of Financial Statements\n\n Ratio Anal ysis\n Liquidity Ratios\n Solvency Ratios\n Activity Ratios\n Profitab ility Ratios\n Cash Flow Statement\n Measures of Return\n\nAccountabilit y and Ethics\n\n Ethical Issues in Accounting\n Accounting Code of Condu ct\n Function of Auditing\n Corporate Governance\n Case Study\n ATTACH;FMTTYPE=image/jpeg:https://x8ti.com/wp-content/uploads/2025/01/5f39 20eb-1c47-441e-9cd0-35147488dbfb.jpg CATEGORIES:Accounting & Finance LOCATION:http://online END:VEVENT BEGIN:VTIMEZONE TZID:Asia/Riyadh X-LIC-LOCATION:Asia/Riyadh BEGIN:STANDARD DTSTART:20250706T090000 TZOFFSETFROM:+0300 TZOFFSETTO:+0300 TZNAME:+03 END:STANDARD END:VTIMEZONE END:VCALENDAR