Because today we need to qualify through what helps us to the performance of the financial statements, provide important information through which we can identify the success or failure of the company and the methods of management so this course provides us with all this.

In today's competitive business world, you must understand the principles of accounting and how they affect your daily activities. So, we'll give you a detailed guide to accounting principles that highlights the key financial issues that you should always know and follow.

Accounting is said to be the "language of the business world" as it is the process of analyzing, recording and processing a company's financial data by using a particular accounting program or system.

Accounting is performed to provide financial information about the company, so it helps you know how well your company's financial system is and how it will continue in the future.

When all transactions are documented during the accounting period, three types of financial reports are issued to be used to make appropriate decisions for the company. These financial reports are divided into:

Income statement: It is also called the profit or loss statement. This list shows whether the company's operations achieve financial profit or loss and identify areas where there is a lot of expense.

Budget: This report gives an overview of the work as a whole. It shows the value of the Company's assets, the financing method and the value of shareholders' equity at a specified point in time. Statement of financial flows: This list provides owners and managers with a report on the cash flow activities of the company over a specified period of time. To ensure continuity in the future, companies need to have healthy money flowing.

As a company owner or manager, understanding accounting principles can push your company forward or backward ... but of course it depends on the decisions you make! It is important to be able to count the resources you own, rather than simply saying, "I have many resources." Accountability provides clarity to improve decision-making. So, understand your numbers so that you can support your results in the future.

This course offered to all those interested in financial accounting matters and who can take financial decisions as well as managers of companies.

Purpose of the course:

• Provide shareholders with the key principles of organizing material information in accordance with increasing damages.
• Teaching participants in the course methods of preparing the necessary reports and contributing in the administrative decisions.
• Develop special standards for these reports.
• How reports can be used.
• Identify advanced tools to predict future financial performances and successes and failures of countries.
• Identification of the practical damages caused by the mathematical treatments.
• This course also provides the required set of data for using the planning budget.
• Teaching control methods, control of real problems and practical application.
• Introducing trainees to the basic terms of accounting and information flow of accounting through good systems and in accordance with international standards.
• Provide the trainee with the methods of registering and migrating accounting entries.
• Acquire the skills to implement the performance of the financial time.
• Acquire the skills to close and create accounts for the end and create budgets in accordance with the international standards.
• Understand financial information and the importance and usefulness of each financial statement.

Target audience of this course:

• Account managers in institutions and establishments at different levels and degrees.
• Certified accountants.
• Any person who wishes to develop his financial and accounting skills in order to be able to analyze the financial situation of any originator, whether he owned, manager or worked in it.

The First Axis:

Methods of measuring accounting and financial performance:

• The relationship of financial analysis to financial performance, its measurement and evaluation.
• The benefits of financial analysis and its divisions.
• Methods of financial analysis.
• Applications for both principles and tools of financial analysis.
• Types of financial analysis.
• Ratios and indicators needed for financial analysis tools.
• Using financial analysis within government ministries and institutions to obtain information.
• Various practical applications.
• Establishing financial reports and issuing their standards.
• Introduction to Financial Accounting.
• Fundamentals of Financial Accounting.
• Activities at the end of the accounting period.
• Financial Statements: Introduction.
• Balance sheet elements.
• Elements of the income statement.
• Elements of the Financial Flows List.
• Special topics in accounting.
• Additional information on the financial statements.
• Annual Reports.
• Internal control over financial reporting.
• The overall issue and conclusion of the training workshop.

The second axis:

Objectives of predicting future financial performance:

• Discover possible financial problems and predict bankruptcy.
• Demonstrate the organization's ability to continue.
• Predict the success or failure of the organization.
• Prediction of bankruptcy.
• Failure prediction models.
• Practical applications to predict what will happen to financial performance.

The third axis:

• Use a method called "Compare with the best".
• Content "Compare with the best" method.
• Benefit of the method.
• Clarify the strengths and weaknesses of the organization.
• Various practical applications.

The fourth axis:

The roles of budgets for measuring financial performance:

• The concept of budget and its purposes.
• Uses of budget.
• Budget classifications.
• Basis of budget preparation.
• The necessary precautions to prepare the budget.
• The role of predicting in preparation of the budget.
• Planning for the budget.
• Budget preparation stages.
• Monitoring, evaluation of performance and its relation to the budget.

The fifth axis:

Balanced scorecard as an input to measure strategic performance:

• The concept of the card.
• Types of performance axes.
• Balanced axes of performance.
• Financial axis.
• Customer axis.
• Growth and learning axis.
• Internal transactions axis.
• Card building stages.
• Strategic performance measurement for institutions.
• Various practical applications.