Advance Accounting

Advance Accounting Course Description:

Advanced Accounting course in Dubai covers accounting operations, patterns, the merger of public holding companies, foreign currency operations, changing financial statements prepared in foreign and local currencies.  Advanced accounting also includes a variety of advanced financial accounting issues such as lease contracts, pension funds, end of service severance payments.

Target Audience

• Fresh graduates
• Junior Accountants
• Accounting Students

Course Materials:

• Textbooks and reference guides on advanced accounting
• Access to online resources and supplementary materials
• Practical projects and exercises
• Real-world case studies
• Certificate of completion

Advance Accounting course contents: 

Advance Accounting training course offered by Bright Future Training Institute Dubai will cover the following topics;

Part 1:  Welcome to the World of Accounting

• Accounting Information
• The Accounting Profession and Careers
• The Fundamental Accounting Equation
• How Transactions Impact the Accounting Equation
• The Core Financial Statements

Part 2: Information Processing

• Computerized Processing Systems

Part 3: Income Measurement

• “Measurement Triggering” Transactions and Events
• The Periodicity Assumption
• Inventory valuation (FIFO, LIFO Average)
• Accounting for Depreciation
• Basic Elements of Revenue Recognition
• Basic Elements of Expense Recognition
• The Adjusting Process and Related Entries
• Accrual- Versus Cash-Basis Accounting
• Accounting – Versus Economic Versus Law

Part 4: The Reporting Cycle

• Preparing Financial Statements
• The Accounting Cycle and Closing Process
• Reversing Entries
• Classified Balance Sheets
• Cash Flow Statement as per IFRS

Advance Accounting FAQs

Who is the Advanced Accounting Course designed for?

This course is ideal for fresh graduates, junior accountants, and students of accounting who already have a basic understanding of accounting principles and want to deepen their knowledge in advanced topics.

What topics and concepts will be covered during the course?

You’ll explore advanced accounting areas such as:

• Accounting operations and patterns

• Mergers of public holding companies

• Foreign currency operations and converting between foreign/local currencies

• Lease contracts, pension funds, and end-of-service/severance payments

• Inventory valuation methods (FIFO, LIFO, average), depreciation, revenue & expense recognition, accrual vs cash basis, adjusting entries, cash flow statements as per IFRS, and more

What format does the course follow and how will content be delivered?

The course uses a blended learning format, including:

• Interactive lectures

• Hands-on practical exercises

• Group discussions

• Real-world case studies and projects
  Participants engage in simulations of real accounting tasks with personalized guidance and feedback from experienced instructors

The course uses a blended learning format, including: Interactive lectures Hands-on practical exercises Group discussions Real-world case studies and projects Participants engage in simulations of real accounting tasks with personalized guidance and feedback from experienced instructors

You should have a foundational knowledge of accounting principles and practices. Prior experience in accounting or completing introductory or basic accounting courses is strongly recommended

What will I receive upon completion and who is the instructor?

Upon successfully completing the course, you’ll receive a Certificate of Completion. The course is led by Asif Ahmed, who holds ACMA, CPA, APFA, M.Com, and B.Com credentials, with 9 years of practical accountancy experience and 4 years of teaching experience