Accounting Foundation – HNI

Accounting Foundation

In-Person/Online

2 Days

English/Arabic

Learning Objectives

Identify what is power BI.
Open power BI desktop.
Explore how to work with CSV, TXT, and excel worksheets.
Apply connecting to databases.
Use merging, grouping, summarizing, and calculating data.

In-Person/Online

2 Days

English/Arabic

Learning Objectives

Identify what is power BI.
Open power BI desktop.
Explore how to work with CSV, TXT, and excel worksheets.
Apply connecting to databases.
Use merging, grouping, summarizing, and calculating data.

Modules

Module 1: Introduction to Accounting

Importance of accounting
The accounting cycle
The financial concepts
The accounting equation
Assets conversion cycle

Module 2: The Three Key Financial Statements

Who uses financial statements
Balance sheet
Income statement
Cash flow statement

Module 3: Constructing a Balance Sheet

Overview of the balance sheet
Role of balance sheet
Limitations of balance sheet
Assets and liabilities
Shareholders’ equity
Balancing the balance sheet
Recording transactions
Accounts receivable and accounts payable
Balance sheet example

Module 4: Constructing an Income Statement

Overview of the income statement
Role of income statement
Revenue, expenses, net income
Depreciation and its impact
Different types of depreciation methods
Income statement example

Module 5: Constructing a Cash Flow Statement

Overview of cash flow statement
Role of cash flow statement
Operating, investing and financing cash flow
Profit vs. Cash flow
Calculating cash flows:
- Direct & indirect method
Cash flow statement example

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