News
ASCA-Jordan Holds Training Courses on Income Tax, International Standards, and Financial Analysis in Jordan and Lebanon
11-Jan-2018
AMMAN – In December 2017, the Arab Society of Certified Accountants (ASCA-Jordan) held a number of training courses on Income Tax, International Standards, and Financial Analysis in Jordan and Lebanon.
The training courses were as follows:
A training course held in Amman entitled the International Financial Reporting Standard (IFRS) 15” “Regulatory Deferral Accounts”, the International Financial Reporting Standard (IFRS) 16 “Revenue from Contracts with Customers”, and the International Accounting Standard (IAS) 41 “Agriculture”.
for a group of Talal Abu-Ghazaleh Organization staff. During the training course, the participants were introduced to the International Accounting Standards, International Financial Reporting Standards and how they were developed, and their impact on the financial statements preparation process. At the end of the training course, the participants affirmed that the training topics were in line with their practical needs and requirements.
A training course held in Amman entitled “Applications of Income and Sales Taxes in Accounting”
for a group of participants from different sectors of the society. During the training course, participants were introduced to income sources subject to tax, income sources exempted from taxes, the accepted and non-accepted expenses from the taxation perspective, and the taxation treatment of losses, exemptions, donations, property tax (Musaqqafat), interests payable, payments for residents and non-residents, and salaries and deductions showing the technical basis for taxation auditing for the most important items of the financial statements. At the end of the training course, the participants stated that the training topics were in line with their practical needs and requirements.
A training course held in Amman entitled “Financial Analysis and Companies’ Assessment”
for a group of participants from different sectors of the society. During the training course, participants were provided with the most recent approved trends, methods, and procedures in the field of financial statements preparation for holding companies and subsidiaries, in addition to the accounting for exchange transactions, and the accounting for external transactions and the problems related to them in preparing the financial statements resulting from the merger of different types of companies according to the latest prevailing standards. At the end of the training course, the participants stated that the training topics were in line with their practical needs and requirements.
ASCA (Jordan) held a training course in Beirut, Lebanon, for a group of employees of the International Card Company entitled "International Financial Reporting Standards and International Accounting Standards". During the course, the participants were introduced to the international accounting standards and international financial reporting standards, how they are developed, and their impact on the preparation of the financial statements. At the end of the course, participants affirmed that the training topics were in line with their requirements and practical needs.
ASCA (Jordan) held a training course in Amman, for a group of participants from various sectors in the society entitled "Budgeting and Cost Control". During the course, participants were provided with the knowledge, skills and tools necessary to use budgets in planning and control, recognize recent trends in the preparation of comprehensive budgets and capital budgets, as well as the use of budgets as a means of evaluating performance. At the end of the course, participants stressed that the training topics were in line with their requirements and practical needs.