Financial Accounting Theory

This course, aims to study the various theories that have been put forward to understand the role of financial accounting in decision-making. It will also explain why, how and when to make decisions about the disclosure of financial information in the absence of a full organization. The course includes an integrated learning experience in which the knowledge and skills of participants will be applied and evaluated in the context of simulating the real work environment and providing feedback. This program is designed to enable participants to apply accounting theories in the current working environment.

Organizations dealing with funds are keen to register all transactions that enter into their force. This course offers a number of interactive exercises according to the "learning by doing" approach. The course explains the role accounting plays as an assistant factor to make the financial decision. Students will be able to understand the role that accounting and reporting systems play in accounting in the organization's environment, as well as consider many conceptual issues related to accounting estimates.

Organizations dealing with funds are keen to register all transactions that enter into their force. This course offers a number of interactive exercises according to the "learning by doing" approach. The course explains the role accounting plays as an assistant factor to make the financial decision. Students will be able to understand the role that accounting and reporting systems play in accounting in the organization's environment, as well as consider many conceptual issues related to accounting estimates.

This course provides a good opportunity for participants to practice and apply the methods of managing accounts through educational sessions by a number of academics from the accounting department at the end of each session.

Introduction to Financial Accounting is a basic course to lay the base for further study in financial management and accounting. The course explains the role accounting plays as an assistant factor to make the financial decision. Students will be able to understand the role that accounting and reporting systems play in accounting in the organization's environment, as well as consider many conceptual issues related to accounting estimates.

Financial accounting paves the way for people to work in the dual-entry system and expanding the understanding of the basic principles of financial accounting. This course sets the bases for subsequent courses in financial accounting.

Introduction to Financial Accounting is a basic course to lay the base for further study in financial management and accounting. The course explains the role accounting plays as an assistant factor to make the financial decision. Students will be able to understand the role that accounting and reporting systems play in accounting in the organization's environment, as well as consider many conceptual issues related to accounting estimates.

Organizations dealing with funds are keen to register all transactions that enter into their force. This course offers a number of interactive exercises according to the "learning by doing" approach. The course explains the role accounting plays as an assistant factor to make the financial decision. Students will be able to understand the role that accounting and reporting systems play in accounting in the organization's environment, as well as consider many conceptual issues related to accounting estimates.

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

Target audience of this course:

This course offers this course to accountants and people working in jobs that require a background in financial accounting.

Course Objectives:

After completing the course, students will be able to learn the following:

• Analysis of present value and future value concepts, their applications to financial accounting and preparing reports.
• Explain the concept of decision theory and the intellectual framework of financial accounting and its importance in the preparation of financial reports.
• Evaluate the effective stock market theory and its impact on financial reporting.
• Understand why management is interested in financial reporting and concerns about disclosure, selection of accounting policies, and risk reporting.
• Comparison between the application of the information perspective and the measurement and measurement perspective for financial reporting.
• Analyze important results of game theory and agency theory.
• Identify conflict of interest among stakeholders and apply dispute resolution models.
• Understand the complexity of the process of estimating the costs and benefits of information.
• Define elements of the standard setting process and discuss the impact of political and economic consequences of the organization.
• Describe ethical issues related to the standard setting process.