Certified Accounts Assistant Course in Dubai on 4 Nov 2012

Dubai, United Arab Emirates

Program Outline

Introduction to Accounting
- Purpose of Accounting and the Accounting Cycle
- Accounting Regulatory Bodies
- International Financial Reporting Standards (IFRS)
- Generally Accepted Accounting Principles (GAAP)
- Accounting Rules Updates and Changes – Stakeholders and Users of Accounting Information
- Company Structures and Business Activities The Double Entry Accounting
- Debits and Credits
- The Importance of T-Accounts
- The 7 Rules of Debits and Credits
- Sub-Ledgers and General Ledgers
- Preparing Trial Balance Adjustment Process
- Adjusting Assets and Liabilities:
- Accrued Expenses and Revenues
- Deferred Expenses and Revenues
- The Process of Preparing Adjusted Trial Balance
- Adjustments for Contra-Accounts Closing Process
- The Four Important Closing Entries
- Using the Worksheet
- Preparing Financial Statements:
- Income Statement
- Balance Sheet
- Understanding and Preparing Closing Trial Balance

Assets Accounting and Reporting
- Accounting and Presentation of Cash
- Accounts Receivable and Allowances
- Inventory Costing and Valuation
- Recording and Maintaining Fixed Assets
- Depreciation and Accumulated Depreciation
- Intangible Assets and Other Non-Current Assets Current Liabilities and Accruals
- Accounts Payable and Notes Payable
- Accrued Liabilities
- Short and Long-Term Loans Understanding Shareholders’ Equity
- Share Capital
- Retained Earnings
- Government and Management Reserves