Course of accounting, evaluation of financial performance and its decisions

The First Axis:

Methods of measuring accounting and financial performance:

• The relationship of financial analysis to financial performance, its measurement and evaluation.
• The benefits of financial analysis and its divisions.
• Methods of financial analysis.
• Applications for both principles and tools of financial analysis.
• Types of financial analysis.
• Ratios and indicators needed for financial analysis tools.
• Using financial analysis within government ministries and institutions to obtain information.
• Various practical applications.
• Establishing financial reports and issuing their standards.
• Introduction to Financial Accounting.
• Fundamentals of Financial Accounting.
• Activities at the end of the accounting period.
• Financial Statements: Introduction.
• Balance sheet elements.
• Elements of the income statement.
• Elements of the Financial Flows List.
• Special topics in accounting.
• Additional information on the financial statements.
• Annual Reports.
• Internal control over financial reporting.
• The overall issue and conclusion of the training workshop.

The second axis:

Objectives of predicting future financial performance:

• Discover possible financial problems and predict bankruptcy.
• Demonstrate the organization's ability to continue.
• Predict the success or failure of the organization.
• Prediction of bankruptcy.
• Failure prediction models.
• Practical applications to predict what will happen to financial performance.

The third axis:

• Use a method called "Compare with the best".
• Content "Compare with the best" method.
• Benefit of the method.
• Clarify the strengths and weaknesses of the organization.
• Various practical applications.

The fourth axis:

The roles of budgets for measuring financial performance:

• The concept of budget and its purposes.
• Uses of budget.
• Budget classifications.
• Basis of budget preparation.
• The necessary precautions to prepare the budget.
• The role of predicting in preparation of the budget.
• Planning for the budget.
• Budget preparation stages.
• Monitoring, evaluation of performance and its relation to the budget.

The fifth axis:

Balanced scorecard as an input to measure strategic performance:

• The concept of the card.
• Types of performance axes.
• Balanced axes of performance.
• Financial axis.
• Customer axis.
• Growth and learning axis.
• Internal transactions axis.
• Card building stages.
• Strategic performance measurement for institutions.
• Various practical applications.