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IASCA Holds Qualifying Digital Training Course for the IACMA

21-Sep-2022

IASCA Holds Qualifying Digital Training Course for the IACMA

AMMAN - The International Arab Society of Certified Accountants (IASCA) held a general digital training course for the International Arab Certified Management Accountant (IACMA). The course was delivered through Microsoft Teams app., with the aim at qualifying and preparing the participants from various Arab countries, for the highest levels of managerial accounting.

Moreover, the course’s objective was to enable the participants to analyze financial statements in accordance with IFRS, and introduced them to the risk management concept. The course also aimed to enrich participants' knowledge in several areas related to management, financial accounting, cost accounting, economics, and finance.     

The training course included the following subjects:

• Part I: Financial Accounting and Costs; consists of:  

• Financial Accounting: (Fundamentals of financial accounting, financial reporting, accounting processes related to inventory counting...etc.);

• The IFRS: (Revenue recognition reporting standards...etc.);

• Cost Accounting: (The concepts and terminologies relevant to costs...etc.);

• Internal Control;

• Professional Behaviors and Ethics.

   

• Part II: Managerial Accounting and Financial Management; consists of :

• Analysis of Financial Statements;

• Financial Management and Investment Decisions (the nature and objectives of financial management, the sources of finance for financial institutions and the capital structure..., etc.);

• Decision Analysis and Risk Management;

• Budgets;

• Decision Making;

• Financial Control;

• Corporate Governance.

At the end of the training course, all participants received electronic certificates of attendance, , expressing their satisfaction that the course provided them with  practical application , and affirmed their readiness to sit for the IACMA exam.