Professional Accounting Certificate Course in Dubai on 18 Nov 2012

Dubai, United Arab Emirates

Program Outline

Accounting: The Language of Business
– The Environment of Financial Reporting
– The Balance Sheet and the Statement of Changes in Stockholders’ Equity
– The Income Statement and the Statement of Cash Flows Cash and Receivables
– Accounting for Cash and Receivables – Allowances, Bad Debts, and Life-Cycle of Accounts Receivable Life Cycle of Inventory
– Accounting for Inventory Costing
– Computation of Cost of Goods Sold Using Inventory Costing Methods
– Inventory Valuations Property, Plant, and Equipment and Intangibles
– Accounting for Purchased Assets
– Depreciation of Assets Using Different Depreciation Methods
– Maintenance and Repairs of Assets
– Accounting for Retired, Sold, and Written-Off Assets Current Liabilities and Contingencies
– Accounts Payable and Accruals
– Advances and Refundable Deposits
– Warranty Obligations and Contingencies

Investments Reporting and Classification
– Trading, Available-for-Sale and Held-to-Maturity Securities
– Accounting for Investments, Impairments and Disclosures
– Cost versus Equity Method Contributed Capital
– Stock Subscriptions and Stock Splits
– Stock Options and Convertible Securities
– Treasury Stock Method and Dividends Income Recognition and Measurement of Assets
– Revenue Recognition Principles
– Alternative Revenue Recognition Methods
– Percentage-of-Completion Method versus Completed-Contract Method Accounting for Leases
– Operating Lease
– Capital Lease
– Disclosure Requirements Accounting Changes and Errors
– Restatements and Prior Period Adjustments
– Accounting for a Change in an Estimate, Principle and Reporting Entity
– Accounting for a Correction of an Error