General Goal: .To qualify the participants to the highest levels in the field of management accounting to enable them to analyze the financial statements in accordance with financial reporting standards, risk management and increase knowledge in many fields of management, financial accounting, cost accounting and finance.

Target Groups: This certificate is targeting specialists in administrative and financial fields, including: •Accountants responsible for preparing management reports •Accountants •Accountants who obtained (IACPA), (CPA) and/or (CA) qualifications •Financial managers who need a certification for their expertise to support them to perform their administrative duties appropriately and on a scientific developed approach •Specialists in auditing and financial business sector •Financial personnel in the public sector •Workers in the investment and banking sectors

Outline: During the course, the subjects prescribed for the “IACMA” curriculum will be discussed and explained, and include the following topics:

Part One: “Financial Accounting and Costs” consists of:

Chapter One: Basics of financial accounting and preparing financial reports
Chapter Two: Accounting operations related to inventory adjustments
Chapter Three: Accounting operations related to inventory and non-current assets
Chapter Four: Financial reporting standards for revenue recognition
Chapter Five: Financial reporting standards for consolidation of financial statements
Chapter Six: The concept of costs and cost terminology
Chapter Seven: Approaches to total and variable costs
Chapter Eight: Order costing system, stages, and activity-based costing
Chapter Nine: Internal Control
Chapter Ten: Ethics, behavior and ethics of the profession


Part Two: “Management Accounting and Financial Management” consists of:

Chapter One: Analysis of the financial statements
Chapter Two: The nature and objectives of financial management
Chapter Three: Sources of financing for financial institutions and capital structure
Chapter Four: Working Capital Management
Chapter Five: Investment Decisions
Chapter Six: Analysis of financial decisions and risk management
Chapter Seven: Preparing estimated budgets
Chapter Eight: Short-term administrative decisions
Chapter Nine: Financial Control
Chapter Ten: Corporate Governance