Accounting Course for Professionals

Welcome to the Free Accounting Course for Professionals!

This 16-module self-paced course is designed to provide you with a comprehensive foundation in accounting principles and practices, equipping you with the skills needed to excel in your career. The course spans 16 weeks, with each module focusing on specific accounting concepts, followed by an exam at the end of the course to assess your understanding.

The best part? This course is offered completely free of charge, and you can study at your own convenience. If you wish to receive a KHDA-accredited physical certificate, it can also be attested by the Ministry of Foreign Affairs (MOFA) for official recognition. To request your certificate and assistance with attestation, please contact +971 54 455 0355 for printing and attestation services.

Course Outline and Module Descriptions

Module 1: Introduction to Accounting

• Description: Learn the basics of accounting, its purpose, and the accounting cycle. Explore the importance of financial statements and their role in business.
• Duration: 1 Week

Module 2: Principles of Accounting

• Description: Understand core accounting principles like accruals, consistency, and materiality, along with an introduction to GAAP and IFRS standards.
• Duration: 1 Week

Module 3: The Double-Entry System

• Description: Dive into the double-entry bookkeeping system, mastering the concepts of debits and credits and how transactions are recorded in journals.
• Duration: 1 Week

Module 4: Chart of Accounts and Ledgers

• Description: Learn to create a chart of accounts, post transactions to ledgers, and manage financial records efficiently.
• Duration: 1 Week

Module 5: Adjusting Entries

• Description: Explore the types of adjustments, such as accruals and deferrals, and understand how adjusting entries impact financial statements.
• Duration: 1 Week

Module 6: Trial Balance

• Description: Learn how to prepare and analyze a trial balance, identify errors, and ensure the accuracy of financial records.
• Duration: 1 Week

Module 7: Financial Statements – Income Statement

• Description: Understand the structure of income statements, and calculate revenue, expenses, and profit/loss.
• Duration: 1 Week

Module 8: Financial Statements – Balance Sheet

• Description: Gain insights into balance sheet components such as assets, liabilities, and equity, and how they reflect a company’s financial position.
• Duration: 1 Week

Module 9: Cash Flow Statement

• Description: Learn to prepare and analyze cash flow statements, covering operating, investing, and financing activities.
• Duration: 1 Week

Module 10: Budgeting and Forecasting

• Description: Develop skills in budgeting and forecasting to plan and manage business finances effectively.
• Duration: 1 Week

Module 11: Cost Accounting Basics

• Description: Explore the basics of cost accounting, including fixed and variable costs, cost allocation, and break-even analysis.
• Duration: 1 Week

Module 12: Taxation Basics

• Description: Understand the fundamentals of business taxation, including how to prepare for tax filing and compliance.
• Duration: 1 Week

Module 13: Accounts Receivable and Payable

• Description: Learn to manage accounts receivable and payable, create aging schedules, and handle bad debt provisions.
• Duration: 1 Week

Module 14: Financial Statement Analysis

• Description: Master ratio analysis (liquidity, profitability, solvency) and interpret financial performance for decision-making.
• Duration: 1 Week

Module 15: Ethical Practices in Accounting

• Description: Explore the importance of ethics in accounting and learn how to address common ethical dilemmas.
• Duration: 1 Week

Module 16: Final Assessment and Capstone Project

• Description: Review all modules, complete a comprehensive exam, and apply your knowledge in a capstone project to prepare financial statements and analysis.
• Duration: 1 Week

Final Exam and Certificate

At the end of the 16 weeks, there will be a comprehensive final exam to assess your understanding of the course material. Upon passing the exam, you can request a KHDA-accredited physical certificate, which can be attested by MOFA for official recognition.

Start your learning journey today and master accounting at your own pace. For certificate requests and attestation assistance, contact +971 54 455 0355.