Akhbar Alyom Academy

• The aim of this course is to apply accounting principles considered in previous accounting courses on corporation. It also includes some other vital topics that serve the accounting theoretical framework.

• It also aims to increase the research side of this course by assigning students doing research in the field of the financial accounting concept development and its applications in practice. Students will also compare the financial reports published by some companies with what they had theoretically studied, so that they will be able to connect this course with the practice.

Intended Learning Outcomes of Course (ILOs)

a. Knowledge and Understanding:

On completing this course, students should be able to:

    1. Understand accounting for shareholders' equity.

    2. Understand the accounting treatment in long-term liability (bonds).

    3. Explains the concept of diluted earnings per share (EPS) securities.

    4. Explains the accounting treatment of retained earnings according to international accounting standards.

    5. Understands accounting for investments in stocks and bonds.

    6. Recognizes issues related to revenue generated.

b. Intellectual/Cognitive Skills:

On completing this course, students should be able to:

  1. Solves exercises related to accounting for shareholders equity.

  2. Solves exercises related to the accounting treatment in long term liability (bonds).

  3. Solves exercises related to earnings per share (EPS) securities.

  4. Solves exercises related to issues related to revenue generated.

c.  Practical/Professional Skills:

On completing the course, students should be able to:

1. Understands how to measure and record financial transactions related to stockholders, long-term leases, revenue recognition, and analysis of accounting errors and changes.

d. General and Transferable Skills:

On completing the course, students should be able to:

1. Develops the student’s numerical skills through the ability to accounting analysis.

This course involves the key concepts and tools of critical and creative thinking, describing the reflective thinking by giving examples in social and academic life. It deals mainly with logical argument, truths, fallacies, deductive and inductive reasoning in both an informal and formal context. It brings out the role of criticality and creativity in sciences, human communication and Innovations. 

The main purpose of this course is to develop students' thinking skills and switch them from the primitive levels of thinking to highest levels. It encourages students to think and argue critically and creatively through bringing out valid arguments and sound claims, then to avoid logical fallacies either in academic life or workplace fields. This course orients students to think about their thinking and how to distinguish facts, opinions and other types of claims. 

The Quantitative Methods and Decision Making course is designed to equip students with essential tools and techniques for data-driven decision-making in the corporate world. As businesses increasingly rely on analytics to guide strategies, this course provides practical applications of quantitative methods that enhance decision-making processes in various business functions, including finance, marketing, operations, and human resources.

Managerial accountants analyze and relay information related to capital expenditure decisions. This includes the use of standard capital budgeting metrics, such as net present value and internal rate of return, to assist decision-makers on whether to embark on capital-intensive projects or purchases.                   

This course aims to: 

• Introduce the student to the basics of managerial accounting and distinguish between financial, managerial, and cost accounting. 
• Introduce the student to the methods and rules of managerial accounting and its role in assisting management in planning areas, control, and decision-making. 
• Introduce the student to the break-even point rule and the safety margin 
• Enable the student to prepare planning budgets and measure performance.

Overall Aims of Course: 
1. Introducing students to the most important modern terminology in the administrative field in general and accounting and economics in particular. 
2. Training students to communicate through the English language in their field of specialization. 

تعتبر المحاسبة الإدارية تطور حديث لمحاسبة التكاليف، وتعمل على تحديد وقياس وتجميع وتحليل وشرح المعلومات المالية، وتستخدمها الإدارة في عمليات التخطيط والرقابة وتساعد في اتخاذ القرارات . يهدف هذا المقرر إلى إكساب الطالب معارف ومهارات في مجال استخدام المعلومات المحاسبية في اتخاذ القرارات الإدارية. حيث تعمل المحاسبة الإدارية على تقديم المساعدة في حال العديد من المشاكل التي تواجهها منظمات الأعمال استناداً إلى العديد من الأساليب والأدوات التي تتفرد بها المحاسبة الإدارية .  كما يساعد المقرر في تأصيل العديد من الأطرالمتعلقة بتخطيط الإنتاج والأرباح في الأجل القصير، إضافة إلى دور الموازنات التخطيطية في عملية الرقابة وتقليل الهدر والفاقد في أوجه النشاط المختلفة، وأخيراً تعليم الطالب كيفية إعداد تقارير الأداء بناءً على نظام اللامركزية ومحاسبة المسؤولية.