Introduction

The course aims to equip participants with the necessary knowledge and practical skills to successfully pass the Accounting Technician exam, which measures the competency of individuals seeking certification. It focuses on theoretical and practical knowledge, as well as providing the professional skills required to perform their roles in various economic sectors. The course is preparatory for the exam.

The certification is supported by the Human Resources Development Fund (HRDF), targeting citizens who can reclaim training and examination fees upon successful completion, according to HRDF policies.

Objectives

1. Prepare participants to pass the Accounting Technician certification exam administered by the Saudi Organization for Certified Public Accountants (SOCPA).
2. Enable certificate holders to qualify for employment in business establishments across various economic sectors, particularly small and medium-sized enterprises.
3. Learn bookkeeping skills, invoice processing, revenue and payment recording.
4. Understand how to prepare monthly and annual financial statements for managing an organization.
5. Equip participants with the skills to prepare financial statements.
6. Gain an understanding of different cost accounting concepts and systems.
7. Follow payment procedures and manage employee salaries.
   
   

Course Topics

• The conceptual framework of financial accounting, professional standards, and presentation and disclosure in financial statements
• Professional ethics.
• Accounting cycle.
• Presentation and disclosure in financial statements.
• Elements of financial statements: recognition, measurement, valuation, presentation, and disclosure
• Cash and cash equivalents.
• Accounts receivable.
• Other receivables.
• Inventory.
• Property, plant, and equipment.
• Investment properties.
• Current liabilities.
• Non-current liabilities.
• Provisions and contingent liabilities.
• Equity.
• Revenue.
• Costs and expenses.
• Gains and losses.
• Intangible assets.
• Leases.
• Related party transactions.
• Information systems and electronic data processing systems.

Nature of Cost Accounting

1. Concept of expenditure, cost, expense, loss, and asset.
2. Product costs and period costs.
3. Industrial costs and non-industrial costs.
4. Direct costs and indirect costs.
5. Fixed costs and variable costs.
6. Joint products and by-products.

Measurement Concepts

1. Cost elements.
2. Cost accounting systems

Cost Accounting Systems

1. Job order costing system.
2. Process costing system.

Decision Analysis

1. Cost-volume-profit analysis.
2. Financial ratios.

Target Audience

This course is suitable for individuals aiming to obtain the Accounting Technician certification from the Saudi Organization for Certified Public Accountants (SOCPA). It is open to diploma holders or higher in the field of accounting, with a minimum diploma duration of two years. University graduates in business administration, financial and administrative sciences, and economics are also eligible. Employees in accounting and finance departments, accounting firms, and auditing offices, as well as anyone interested in working in the field of accounting, can benefit from this course.