Financial Accounting & Reporting (FA&R) Course

Financial Accounting and Reporting course is structured to develop an understanding of the importance of financial reporting in the business highlighting the latest developments and best practices in corporate financial reporting. This Accounting course is designed for professionals in the field of finance and accounting, accountants at all levels seeking to enhance practical finance and accounting knowledge.

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  • 24 Hours Training
  • Online / Classroom / Onsite
  • 16 Jun, 2023 / 16 Jun, 2023
  • Additional Program Dates
  • 100K+ Happy Students

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What is this Financial Accounting and Reporting course all about?

The Financial Accounting and Reporting course covers a detailed study on important financial accounting information and how to report them on financial statements. The course uses a mix of interactive techniques, such as brief presentations with the application of theories, and group exercises to exchange experience and apply the knowledge acquired throughout the course. This Financial Accounting and Reporting training course highlights the key concepts and business context for financial reporting, analysis and interpretation of financial reports understanding the framework, structure, and format of financial statements. 

What is this Financial Accounting and Reporting course all about?

The Financial Accounting and Reporting course covers a detailed study on important financial accounting information and how to report them on financial statements. The course uses a mix of interactive techniques, such as brief pre...

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Why is getting trained in Financial Accounting and Reporting important?

With the rapid developments in accounting standards, regulations, and industry practices, professionals need continuous training to keep abreast of all the industry changes. The FAR trained professionals are to improve the quality of financial reporting in organizations by recording, reporting, and disclosing regular and unusual business transactions. Financial Accounting and Reporting courses in Dubai facilitate professionals with solid and practical global experience in corporate financial reporting.

Why is getting trained in Financial Accounting and Reporting important?

With the rapid developments in accounting standards, regulations, and industry practices, professionals need continuous training to keep abreast of all the industry changes. The FAR trained professionals are to improve the q...

Read More

Why do Companies hire Financial Accounting and ReportingTrained professionals?

Companies hire Financial Accounting and Reporting trained professionals as these professionals are domain experts and can offer small and midsize organizations great ROI. Financial Reporting professionals research accounting rules and regulations and make recommendations regarding company policy. They are responsible for the public reporting of a company or organization’s financial status. These professionals involve in collecting and maintaining data, detecting trends, and forecasting future needs making them a real catch for companies in today’s world. 

Why do Companies hire Financial Accounting and ReportingTrained professionals?

Companies hire Financial Accounting and Reporting trained professionals as these professionals are domain experts and can offer small and midsize organizations great ROI. Financial Reporting professionals research acc...

Read More

Industry Trends

The Financial Reporting course offers a comprehensive overview of the latest developments and best practices in corporate financial reporting. This Financial Accounting training plays a pivotal role in shaping one’s career in Finance Reporting. This professional certification course comes with its own set of merits and opportunities in the market, let us see how.

Market trends Market trends

With turbulence in the economy and uncertainty in financial markets, the expertise of financial professionals was highly sought after in 2020. This category has seen a 63% growth and ranks in the top 15 job categories to drive the UAE job market. According to the Bureau of Labor Statistics, the employment of accountants and auditors is projected to grow 11 % from 2014 to 2024, faster than the average for all occupations. This increases the demand for finance and accounting professionals.

Salary Trend Salary Trends

Demand for financial reporting roles has risen, with 39% of business leaders struggling to find qualified talent. Professionals with sound knowledge and expertise in financial reporting are found to have impressive earning potential.The average Financial Reporting Analyst salary is $72,267 (AED 265,451) per annum as of April 27, 2021, the salary range typically falls between $59,373 (AED 218,088) and $86,932 (AED 319,318).

Demand & Opportunities

The Financial Accounting training gives an assurance of the necessary competency in related roles, thus making top notch career opportunities easier to avail.

Some of the common FAR roles available in the Dubai job market as observed in popular Dubai job portals are the following:

  1. Financial Reporting Associate whose role is to shape financial strategy and the direction of the business.

  2. Financial Controller which involves managing all finance and accounting operations and preparing and publishing timely financial statements

  3. Financial analyst, Senior Financial Analyst, FR Analyst (Junior and Senior), Finance Manager/Vice-President, and Financial Reporting Director who are responsible for a wide variety of operations in the domain of finance such as strategic planning, budget allocation, risk management, finance modeling, decision support and control, and management accounting and reporting.

  4. Director of Financial Reporting and Controlling whose role is preparing the company for its next phase of growth and ensuring that the highest standards of reporting & controls are maintained throughout the business.

  5. Chief Financial Officer (CFO) who is the senior-most executive with significant managemnt skills and responsible for the financial affairs of the company.

Course Outcome

Successful completion of the Financial Accounting and Reporting course can help you to:

  • Understand important financial accounting topics and how to report them on financial statements.
  • Prepare financial statements with the required notes and disclosures in periodic financial reports.
  • Critically analyze and interpret financial statements and reports
  • Determine the structure, presentation, and disclosure of financial statements and annual reports.
  • Assist in developing Integrated Reports for the organization
  • Utilize practical Excel skills to improve reporting and forecasting

Course Module

 

  • The financial accounting cycle
  • Four or five key financial statements
  • Management uses of financial statements
  • Relationship among financial statements
  • Essential notes and disclosures to the financial statements
    • Basis of preparation
    • Accounting policies
    • Related parties' transactions
    • Contingencies
    • Risk managements
    • Subsequent event
  • Simulation 1: Reporting on general information, basis of preparation and significant accounting policies

 

  • Minimum presentation requirements of balance sheet accounts
  • Definitions of accounts in the balance sheet
  • Correct presentation for statement of owners' equity
  • Simulation 4: Mapping accounts and preparing equity and balance sheet using excel

 

  • Accruals and unearned revenues
  • Prepayments and deferrals
  • Accounting estimates

 

  • Revenue and expense recognition: applying the accrual basis
  • Matching principle between revenues and expenses
  • Other comprehensive income components
  • Earnings per share reporting
  • Simulation 2: Mapping accounts and preparing income statement using Excel
  • Simulation 3: Creating income statement disclosures

 

  • Exploring the three sections of a cash flow statements
  • Direct versus indirect method of cash flow statement preparation
  • Linking cash flow statements to notes

 

  • Measuring and reporting accounts receivable
  • Estimating and accounting for bad debts
  • Costs to be capitalized in inventory value
  • Inventory cost flow assumptions
  • Presenting inventory at lower of cost or net realizable value
  • Simulation 5: Hands-on preparation of disclosures on current assets
  • Classifying, measuring and recording long lived assets
  • Repairs, maintenance, and additions to long lived assets
  • Depreciation and amortization
  • Disposal of long-lived assets
  • Accounting and reporting for intangibles
  • Accounting for investments
    • Passive investment, exercising significant influence or control
    • Types of equity and debt investments
  • Simulation 6: Hands-on preparation of disclosures on non-current assets
  • Definitions and classification of liability accounts
  • Types of ownership and stock
  • Accounting for capital and dividends
  • Simulation 7: Required disclosures on long-term obligations and equity
  • Wrapping it up: Linking notes to face of financial statements

Course Module

 

  • The financial accounting cycle
  • Four or five key financial statements
  • Management uses of financial statements
  • Relationship among financial statements
  • Essential notes and disclosures to the financial statements
    • Basis of preparation
    • Accounting policies
    • Related parties' transactions
    • Contingencies
    • Risk managements
    • Subsequent event
  • Simulation 1: Reporting on general information, basis of preparation and significant accounting policies

 

  • Revenue and expense recognition: applying the accrual basis
  • Matching principle between revenues and expenses
  • Other comprehensive income components
  • Earnings per share reporting
  • Simulation 2: Mapping accounts and preparing income statement using Excel
  • Simulation 3: Creating income statement disclosures

 

  • Minimum presentation requirements of balance sheet accounts
  • Definitions of accounts in the balance sheet
  • Correct presentation for statement of owners' equity
  • Simulation 4: Mapping accounts and preparing equity and balance sheet using excel

 

  • Exploring the three sections of a cash flow statements
  • Direct versus indirect method of cash flow statement preparation
  • Linking cash flow statements to notes

 

  • Accruals and unearned revenues
  • Prepayments and deferrals
  • Accounting estimates

 

  • Measuring and reporting accounts receivable
  • Estimating and accounting for bad debts
  • Costs to be capitalized in inventory value
  • Inventory cost flow assumptions
  • Presenting inventory at lower of cost or net realizable value
  • Simulation 5: Hands-on preparation of disclosures on current assets
  • Classifying, measuring and recording long lived assets
  • Repairs, maintenance, and additions to long lived assets
  • Depreciation and amortization
  • Disposal of long-lived assets
  • Accounting and reporting for intangibles
  • Accounting for investments
    • Passive investment, exercising significant influence or control
    • Types of equity and debt investments
  • Simulation 6: Hands-on preparation of disclosures on non-current assets
  • Definitions and classification of liability accounts
  • Types of ownership and stock
  • Accounting for capital and dividends
  • Simulation 7: Required disclosures on long-term obligations and equity
  • Wrapping it up: Linking notes to face of financial statements

Program Dates

16 Jun
  • 07:00 PM
  • Fri
  • Online Live
Enquire Now

Expert Instructors & Teaching Methods

Dr Srinivas is a leading industry professional in the field of finance and accounting. He is an established corporate trainer with demonstrated experience in his field. He is the holder of some of the world’s most valued professional credentials such as CMA, CPA, PMP, CCA, CFE, etc. He has an extensive educational background as well in finance which establishes his mettle in designing, developing and delivering excellent training programs. His training records mark exceptional results in guiding and teaching professionals of all experience levels and from diversified backgrounds. He integrates his excellent presentation skills with the knowledge of educational theories and methodologies to provide onsite and virtual training that is of unparalleled quality. His high community services contribution also ascertains his commitment to training potential aspirants to become tomorrow’s professionals.

Education

  • ⦾ Ph.D. in Management, 2018 (Provisional yet to be received) OPJS University, India
  • ⦾ M.Sc. in Applied Psychology 2016, Bhartiyar University, India
  • ⦾ MBA in Finance 2012, Nagarjuna University, India
  • ⦾ LLB 1998, Osmania University, India
  • ⦾ M.Com 1994, Osmania University, India
  • ⦾ B. Com 1990, Osmania University, India

Professional Qualifications

  • ⦾ Certified Public Accountant, (CPA), The American Institute of Certified Public Accountants, U.S.A
  • ⦾ Certified Management Accountant, (CMA), The Institute of Management Accountants, USA
  • ⦾ Certified Fraud Examiner, (CFE), Association of Fraud Examiners, USA
  • ⦾ Certified Cost Accountant (ICWA-Inter), The Institute of Cost and Works Accountants of India, India
  • ⦾ Project Management Professional (PMP), Project Management Institute

Dr. Srinivas, PhD, MSc, MBA, LLB, CMA, CPA, PMP

Mr. Kashif is an experienced management consultant having more than 20 years of training experience in corporate governance, risk management, compliance in finance, and many more. His vision has transformed many organizations into successful ventures in UAE and globally. Mr. Kashif’s sound judgment and input have helped many organizations to run smoothly. Being a well-known Chartered Accountant himself, Mr. Kashif knows about Process Auditing, Developing Internal Controls, Investment Management, and many more. Apart from his educational qualification, he is an experienced visionary. His insights have helped organizations immensely, and they are enjoying the reaps of success. He has won many international accolades to date. With the “Communicator of the Year” award under his belt, his teaching has motivated students to aim for excellence. Mr. Kashif uses different methodologies to accommodate various learning approaches and makes the teaching engaging and interactive. He is committed to assisting students in realizing their maximum potential and helping them into successful, well-rounded people, both within and beyond the classroom walls.

Work Experience

  • ⦾ Partner, NSKT Global, Dubai
  • ⦾ Group Internal Audit Manager, Mohammad Omar Bin Haider Holding Group, Dubai
  • ⦾ Head of Internal Audit, Dulsco, UAE
  • ⦾ Head of Risk & Internal Audit, Bukhatir Group, Sharjah
  • ⦾ Group Internal Auditor, Al Abbas Group, Dubai
  • ⦾ Senior Auditor, KPMG, Dubai
  • ⦾ Semi Senior, Deloitte, Saudi Arabia

Professional Certifications

  • ⦾ Certified Information Systems Auditor (CISA)
  • ⦾ Certified Fraud Examiner (CFE)
  • ⦾ Certified Internal Auditor (CIA)
  • ⦾ Certified in the Governance of Enterprise IT (CGEIT)
  • ⦾ COBIT 5

Mr. Kashif Husein

Learners Point Certificate

Earn a Course Completion Certificate, an official Learners Point credential that confirms that you have successfully completed a course with us.

KHDA Certificate

Earn a KHDA attested Course Certificate. The Knowledge and Human Development Authority (KHDA) is the educational quality assurance and regulatory authority of the Government of Dubai, United Arab Emirates.

Why Count on Learners Point?

Being the leading providers of Accounting courses in Dubai, at Learners Point we help professionals master the necessary skill sets and experience to complete the Financial Accounting and Reporting course.

Following are the USPs our Financial Accounting and Reporting training course offers you:

  • We look at real-world scenarios organizations face and formulate our Financial Reporting course as per practical requirements.
  • Apart from theoretical knowledge, we also focus on practical case studies to give you a reality check and insight into what exactly will be asked of you while you are in a demanding role.
  • Our bespoke Financial Accounting and Reporting course also equip you with hands-on experience by offering assignments related to the actual work environment.
  • Apart from organizing group sessions, we also offer one-to-one sessions to enhance the quality of our Financial Accounting and Reporting training course.
  • We also take a discrete approach to career guidance so that one can be successfully placed as a professional.

Learners Experience

"I’ve done my Financial accounting and reporting course from Learners Point Dubai. I love the way they teach. Their course is intensive, cost effective and gives you all the practical and theoretical knowledge you need to have in finance field. I’m very much satisfied with this passionate team and highly recommended for those seeking good financial skills."

"I’ve done my Financial accounting and reporting course from Learners Point Dubai. I love the way they teach. Their co [...]

Thanveer Ahmed Tajudeen

Financial Accountant

Well packaged in terms of content, context and presentation. Strongly recommended for Executives in Accounting.

Micheal

Head of Accountant

It was a very informative class. A lot of information but in a short amount of time. I came to this course with little to no experience and I feel this class has helped me immensely.

It was a very informative class. A lot of information but in a short amount of time. I came to this course with little t [...]

Mary Shweta

Reinsurance/Treaty Account Executive at General Insurance Corporation of India (GIC Re)

“One of the best institutes where I have learned so much, the staff are very supportive and kind. The trainer is very knowledgeable, experienced and very friendly looking forward to learning more from him”

“One of the best institutes where I have learned so much, the staff are very supportive and kind. The trainer is very [...]

SANU DAVID STANLY

Customer Service Executive at Hamburg Sud Shipping Dubai

Our Graduates

Our graduates are from big companies, small, companies, they are founders, career changers and life long learners. Join us and meet your tribe!

Frequently Asked Questions

Financial management is the discipline that drives all business. Finance professionals create the strategies and carry out the work that leads businesses to success. Accounting and Finance as a career choice will open up rewarding career opportunities to professionals.
According to the Bureau of Labor Statistics, employment for financial occupations is expected to grow 10% by 2026, introducing more than 773,800 new jobs to the marketplace. Thus resulting in an increased demand for Finance jobs.
Professionals with sound knowledge and expertise in financial reporting are found to have impressive earning potential in the UAE.The average salary of a Financial Reporting Analyst is $72,267 (AED 265,451) per annum as of April 27, 2021, the salary range typically falls between $59,373 (AED 218,088) and $86,932 (AED 319,318).
This course can be a career boost for professionals such as Strategic Planning Specialists, Financial Accounting Team Members, Financial Planning and Budgeting Professionals, Investment Analysts and Advisers, and Financial professionals who want to refresh and update their skills and knowledge on reporting and accounting.
The Financial Reporting course facilitates professionals with solid skills and experience in corporate financial reporting and become great contributors in handling financial accounting reporting systems in any organization. The skills attained through Financial Accounting training are a true value-added to any professional’s career in the Finance sector.
Enquire For Corporate Training Book Free Demo Class

Frequently Asked Questions

Financial management is the discipline that drives all business. Finance professionals create the strategies and carry out the work that leads businesses to success. Accounting and Finance as a career choice will open up rewarding career opportunities to professionals.
This course can be a career boost for professionals such as Strategic Planning Specialists, Financial Accounting Team Members, Financial Planning and Budgeting Professionals, Investment Analysts and Advisers, and Financial professionals who want to refresh and update their skills and knowledge on reporting and accounting.
According to the Bureau of Labor Statistics, employment for financial occupations is expected to grow 10% by 2026, introducing more than 773,800 new jobs to the marketplace. Thus resulting in an increased demand for Finance jobs.
The Financial Reporting course facilitates professionals with solid skills and experience in corporate financial reporting and become great contributors in handling financial accounting reporting systems in any organization. The skills attained through Financial Accounting training are a true value-added to any professional’s career in the Finance sector.
Professionals with sound knowledge and expertise in financial reporting are found to have impressive earning potential in the UAE.The average salary of a Financial Reporting Analyst is $72,267 (AED 265,451) per annum as of April 27, 2021, the salary range typically falls between $59,373 (AED 218,088) and $86,932 (AED 319,318).
Enquire For Corporate Training Book Free Demo class
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