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1 Certificate in Professional Accounting Page 1 of 9

2 Why Attend This course is essential for accounting and finance employees in every company as it covers the rules and regulations under International Financial Reporting Standards (IFRS) blended with practical knowledge for recording and reporting financial data. It is a technical accounting course which starts with financial statements and goes into the details. The course also tackles the definitions and meanings of the main accounts such as 'cash and cash equivalents', 'Available for Sale' (AFS) and some equity accounts which employees do not see on a daily basis, and as a result, forget how to treat. Also, this course covers topics such as proper account classifications such as 'non current assets' or 'non current liabilities' and the rules that require different classifications. Furthermore, this course highlights for participants different depreciation methods for various types of assets as well as costs capitalization rules and impairment rules for assets. We also cover interesting and sometimes controversial topics such as 'leases' and correcting errors, which will engage participants in conceptual thinking and discussions. 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 Page 2 of 9

3 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 Page 3 of 9

4 Associations National Association of State Boards of Accountancy (NASBA) : Meirc Training & Consulting is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website Meirc Professional Certificate (MPC) MPC certified courses by Meirc Training & Consulting are designed for those willing to challenge themselves and go the extra distance. Participants who fully attend an MPC course and successfully complete the test on the last day, will receive a Meirc Professional Certificate (MPC), in addition to the one they receive for full attendance. MPC certificates are regionally recognized and can be quite valuable when applying for more senior roles within the organization or outside. : US$ (including coffee breaks and a buffet lunch daily) Per participant VAT as applicable UAE Tax Registration Number Page 4 of 9

5 10-14 Mar, 2019 Financial Analysis Workshop Mar, 2019 Payroll: Preparation, Analysis and Mar, 2019 International Financial Reporting Standards (IFRS) and 2019 Updates Mar, 2019 Managing the Collections and Credit Control Team Mar, 2019 Preparing Financial Statements and the Annual Report Mar, 2019 Certificate in Fixed Assets Accounting and Mar, 2019 Certificate in Advanced Financial Modeling Mar, 2019 Certificate in Treasury and Cash Mar, 2019 Fast Closing Monthly and Year-End Accounts 31 Mar - 4 Apr, 2019 Effective Budgeting and Cost Control 7-11 Apr, Apr, 2019 Professional Skills for Finance and Accounting Apr, 2019 Policies and Procedures Apr, 2019 Preparation for Certificate in Financial Planning & Analysis (Cert FP&A) Apr, 2019 Certificate in International Financial Reporting Standards (CertIFR): Preparation Course Apr, 2019 Next Generation Excel: Advanced Business and Financial Reporting Apr, 2019 Certificate in Advanced Budgeting and Forecasting Apr, 2019 Cairo Apr, 2019 Six Dimensions of Effective Accounting and Finance Teams 28 Apr - 2 May, 2019 Efficient Finance and Accounting Operations: 2019 Best Practices and Updates 28 Apr - 2 May, Jun, 2019 Certificate in Advanced Financial Modeling 9-13 Jun, 2019 Page 5 of 9

6 16-20 Jun, 2019 Accounts Payable: Accounting and Best Practices Jun, Jun, 2019 Effective Budgeting and Cost Control Jun, 2019 Advanced Excel: Power Query, Power Pivots and Macros Jun, Jul, 2019 Certified Financial Manager 7-11 Jul, 2019 Efficient Finance and Accounting Operations: 2019 Best Practices and Updates Jul, 2019 Certificate in Advanced Budgeting and Forecasting Jul, 2019 International Financial Reporting Standards (IFRS) and 2019 Updates Jul, 2019 Fast Closing Monthly and Year-End Accounts 28 Jul - 1 Aug, 2019 Financial Modeling Workshop Using Excel 4-8 Aug, Aug, Aug, 2019 Istanbul Aug, 2019 Forecasting and Analyzing Cash Flow 1-5 Sep, 2019 Accounting for Non-Accountants 1-5 Sep, 2019 Dynamic Business Reports and Dashboards Using Excel 4-6 Sep, 2019 : A Hands-On Workshop Beirut US$ Sep, 2019 Corporate Finance Workshop 8-12 Sep, 2019 Efficient Finance and Accounting Operations: 2019 Best Practices and Updates Abu Dhabi 8-12 Sep, 2019 Financial Analysis Workshop 8-12 Sep, 2019 Payroll: Preparation, Analysis and Sep, 2019 Accounts Receivable and Credit Policies Sep, 2019 International Financial Reporting Standards (IFRS) and 2019 Updates Sep, 2019 Professional Skills for Finance and Istanbul Page 6 of 9

7 Accounting Sep, 2019 Certificate in Accounting and Financial Control Sep, 2019 Financial Acumen: Roadmap to Business Success 29 Sep - 3 Oct, 2019 Certificate in Treasury and Cash Riyadh 29 Sep - 3 Oct, 2019 Reporting for Business Performance Review 6-10 Oct, Oct, 2019 Effective Budgeting and Cost Control 6-10 Oct, 2019 Preparing Financial Statements and the Annual Report Oct, 2019 Fast Closing Monthly and Year-End Accounts Oct, 2019 Next Generation Excel: Advanced Business and Financial Reporting Oct, 2019 Six Dimensions of Effective Accounting and Finance Teams Oct, 2019 Accounts Payable: Accounting and Best Practices Riyadh Oct, Oct, 2019 Financial Forecasting: Tools and Techniques Oct, 2019 Managing the Collections and Credit Control Team Oct, Oct, 2019 Innovative Cost Savings Strategies Oct, 2019 International Public Sector Accounting Standards (IPSAS) 3-7 Nov, 2019 Certificate in Treasury and Cash 3-7 Nov, 2019 Trade Finance, Letters of Credit and Bank Guarantees Nov, 2019 Certificate in Advanced Budgeting and Forecasting Nov, 2019 Certificate in Advanced Financial Modeling Nov, 2019 Certificate in International Financial Reporting Standards (CertIFR): Preparation Course Page 7 of 9

8 10-14 Nov, 2019 Payroll: Preparation, Analysis and Nov, 2019 Accounts Payable: Accounting and Best Practices Nov, Nov, 2019 Certificate in Fixed Assets Accounting and Nov, 2019 Advanced Excel: Power Query, Power Pivots and Macros Nov, Nov, 2019 Forecasting and Analyzing Cash Flow 1-5 Dec, 2019 Efficient Finance and Accounting Operations: 2019 Best Practices and Updates 8-12 Dec, 2019 Accounts Receivable and Credit Policies 8-12 Dec, 2019 International Financial Reporting Standards (IFRS) and 2019 Updates 8-12 Dec, 2019 Professional Skills for Finance and Accounting Dec, 2019 Policies and Procedures Dec, Dec, 2019 Effective Budgeting and Cost Control Dec, 2019 Certificate in Cost Analysis, Control and Optimization Dec, Dec, 2019 Page 8 of 9

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