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The program contributes to qualifying Chief Accountants and accountants who are eligible to hold the position of Chief Accountant. This is achieved through developing technical skills and enhancing their capabilities to prepare financial data and reports with professional quality and standards. The program also trains them to solve technical problems encountered during professional practices, measure the tax impact on financial statements, and identify signs of financial distress through financial statement analysis. This is accomplished by integrating accounting expertise with tax knowledge in a high-level professional training package, capable of elevating the trainee’s professional level to one of quality and efficiency.
Qualifying Chief Accountants or individuals aspiring to hold the position of Chief Accountant.
Section One: Preparing and Presenting Financial Statements According to International Standards
IAS 1: Presentation of Financial Statements
IAS 7: Statement of Cash Flows
IAS 8: Accounting Policies, Changes in Accounting Estimates, and Errors
IAS 10: Events After the Reporting Period
Section Two: Tax Impact on Financial Statements
Impact of Income Tax on Financial Statements
Impact of Withholding Tax on Financial Statements
Impact of Value-Added Tax (VAT) on Financial Statements
Section Three: Financial Statement Analysis to Identify Indicators of Distress
Using Financial Analysis Tools to Assess Financial Position
Comparative Analysis and Studying Relationships Between Financial and Non-Financial Data
Impact of Administrative Policies on Financial Statements and Identifying Indicators of Distress
Section One: Preparing and Presenting Financial Statements According to International Standards
IAS 1: Presentation of Financial Statements – Expected training duration: 6 hours
IAS 7: Statement of Cash Flows – Expected training duration: 9 hours
IAS 8: Accounting Policies, Changes in Accounting Estimates, and Errors – Expected training duration: 2 hours
IAS 10: Events After the Reporting Period – Expected training duration: 1 hour
Section Two: Tax Impact on Financial Statements
Impact of Income Tax on Financial Statements – Expected training duration: 1 hour
Impact of Withholding Tax on Financial Statements – Expected training duration: 1 hour
Impact of Value-Added Tax (VAT) on Financial Statements – Expected training duration: 1 hour
Section Three: Financial Statement Analysis to Identify Indicators of Distress
Using Financial Analysis Tools to Assess Financial Position – Expected training duration: 3 hours
Comparative Analysis and Studying Relationships Between Financial and Non-Financial Data – Expected training duration: 3 hours
Impact of Administrative Policies on Financial Statements and Identifying Indicators of Distress – Expected training duration: 3 hours
The training program includes a set of practical applications and interactive exercises distributed across the sessions, with dedicated time for evaluation after completing the training units.
Post-training test: Duration 4 hours (conducted in one day).
Trainers employ advanced methods to enhance participants’ competencies through professional qualification based on scientific references. The methodology relies on brainstorming, real-life simulations, and knowledge transfer, applied in a flexible style adaptable to the participants’ backgrounds. The program follows a structured mechanism to achieve its objectives, guided by a clear vision to raise professional efficiency.
Trainees are evaluated at the end of the training period through exams or projects, depending on the program, and according to the most appropriate approach for assessing participants after training. An evaluation report may also be attached to reflect the trainee’s performance before issuing a Certificate of Completion. For participants who do not wish to undergo evaluation, a Certificate of Attendance will be issued.
Whiteboard (traditional board-based explanations)
Data show/projector
Printed materials or CDs/digital resources
Practical applications
International Accounting Standards issued by the International Accounting Standards Board (IASB)
Income Tax Law, Withholding Tax, and Value-Added Tax regulations issued by the Zakat, Tax, and Customs Authority (ZATCA)
A Certified Public Accountant (SOCPA), holding a Master’s degree in Accounting from the University of Miami, Florida (2000), and a Bachelor’s degree in Accounting from Imam Muhammad ibn Saud Islamic University. A Certified Financial Consultant (CFC), Certified Business Administrator (CBA), and a Certified Arbitrator by the Ministry of Justice, specializing in financial and accounting transactions. An affiliate member of the Saudi Authority for Accredited Valuers, and a member of audit and review committees in several companies. He also serves as a consultant for charitable organizations, including the Orphans Care Association and the Suleiman Al Rajhi Charitable Foundation, and is a certified endowment consultant accredited by the Saudi Judicial Scientific Association. He holds a license to practice accounting and auditing from the Ministry of Commerce and has delivered numerous accredited training programs both inside and outside the Kingdom.
