Conference: Fundamentals of Transformation from the Monetary System to the Computerized Accrual System

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  • Conference: Fundamentals of Transformation from the Monetary System to the Computerized Accrual System

Given the importance of moving from the monetary basis to accrual in a smooth and simple manner, this training course shows the foundations for the transition from the monetary system to the accrual system using a computer.

 

And the cash basis accounting is based on the movement of cash only, but accrual accounting records revenues when they are realized and expenses when they happen instead of recording them when receiving or paying the relevant cash amounts, in addition to recording accrual accounting for assets, liabilities and property rights {net assets}.

 

  • Switch from the application of the modified monetary system to the accrual system.
  • Gain the benefits of accrual accounting.
  • Gain the basics of measurement in accounting.
  • Evaluate Fixed assets.
  • Prepare financial statements in government units
  • Implement the Application of cost accounting in government units.

 

  • Internal and external auditors.
  • Accountants and financial management personnel interested in preparing and analyzing financial statements.
  • Those working in credit analysis activities in banks who are involved in analyzing the financial statements of the establishments.
  • Responsible for following up and collecting customer accounts.
  • Those working in the field of financial planning and preparing budgets.
  • Anyone who finds themselves in need of this course and wants to develop their skills and experience.

 

  • Monetary Basis {Concept – Advantages – Disadvantages}.
  • Accrual basis {concept - advantages - disadvantages}.
  • Modified Monetary Basis {Concept – Advantages – Disadvantages}.
  • Stages of applying the accrual basis in government units:
  • Immediate application of the accrual basis {advantages - disadvantages}.
  • Gradual application of the accrual basis {advantages - disadvantages}.
  • The proposed method for applying the accrual basis in the United Arab Emirates.


  • cash assets.
  • Natural origins.
  • intangible assets.

  • Historical cost method adjusted for changes in general price levels.
  • The current cost method or the current selling prices in the market.

 

  • Income list.
  • Statement of financial position.
  • Statement of Cash Flows.

  • Shared costs between government units.
  • Prices for transferring services between government units.
  • Costing theory to use.
  • Training methods:
  • Theoretical lectures.
  • Oral discussion.
  • Role-playing.
  • Applications, practical cases and exercises

 

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