Accounting Fundamentals and Cash Management

Location Erbil

Fee $250


Monday, 15 January 2024


Wednesday, 7 February 2024

Course Overview

This comprehensive course is designed to equip finance professionals and decision-makers with a solid understanding of essential accounting principles and effective cash management strategies. The course will dive into the core aspects of accounting, differentiating between financial and management accounting, and explore the conceptual framework for financial reporting. Learners will gain proficiency in the matching principle, revenue recognition, and be able to assess advantages and disadvantages of using accrual and cash accounting. Additionally, learners will be exposed to essential knowledge on managerial accounting, budgeting fundamentals, cost management, and cost-volume-profit analysis.

Target Audience

Accountants, Budget Managers, Financial controllers, and other finance or non-finance professionals aiming to learn more about Accounting and Cash Management.

Course Objectives

Upon successful completion of this course, participants will be able to:

  • Differentiate between financial and management accounting.

  • Apply accounting principles, including the matching principle and revenue recognition.

  • Understand and utilize the accrual versus cash accounting methods.

  • Navigate the accounting cycle, recording adjusting and closing entries.

  • Gain proficiency in budgeting and cost management.

  • Analyze cost-volume-profit relationships for better financial decision-making.

  • Develop effective cash handling and cash management strategies.

  • Assess and manage financial risks for better business decisions.

Course Content

Introduction to Accounting

  • The Role and Purpose of Accounting

  • Financial Accounting vs. Management Accounting.

  • Conceptual Framework for Financial reporting.

Fundamentals of Financial Accounting

  • Matching Principle and Revenue Recognition.

  • Accrual vs. Cash Accounting

  • Accounting Cycle

  • Recording Adjusting Entries

  • Recording Closing Entries

  • Preparing Post-Closing Trial Balance

  • Presentation of Financial Statements

Fundamentals of Managerial Accounting

  • Budgeting.

  • Cost Management (Classifications, Measurement and Behavior).

  • Cost-Volume – Profit (Breakeven Point).

Cash Handling and Cash Management

  • Operation Cycle.

  • Seven Golden Rules for Treasury.

  • Cash Flow forecast Presentation.

  • Cash Management importance in Business Management.

  • Liquidity Ratio.

Risk Management

  • Risk Definition.

  • Risk Assessment.

  • Risk Matrix.

  • Managing Risk Options.

About the trainer

Ibaa Amayri: About 6 years’ experience in Financial Management, Accounting and analysis in NGOs and UN agencies, with 4 years’ experience in accounting & finance in private (trading/industrial) sector. Financial analyst with excellent analytical skills, financial management, economic feasibility studies, Internal control, applying financial standards and policies, cost control, and budgeting.

MSc in Risk Management, Bachelor in Economics.

Time and Location
  • Location: Erbil, mselect office

  • Duration: 8 days ( 2 days per week, Monday and Wednesday)

  • Time: 17:00 - 19:30

  • Refreshment included

  • Price: $250


Must be made 5 working days before the start of the course. Payment can be made in cash, by bank transfer or through exchange offices.

How do I register?

You can register by emailing with the following details:

  • Full Name:

  • City/Town:

  • Email Address:

  • Phone number:

  • Name of course:

For more information, please call 0771 842-2380