Training Details
First day
- The nature and concept of international accounting:
- Reasons for the emergence of international accounting.
- Fundamentals of international accounting.
- Definition of international accounting.
the second day
- Accounting problems for foreign currency transactions:
- In terms of transaction unit (expired/extended).
- In terms of the binary of the deal (expired/extended).
- Accounting problems for deferred exchange contracts:
- Accounting treatment of deferred exchange contracts.
- Definition of deferred exchange contracts and their importance.
the third day
- Translation of foreign financial statements:
- Methods of translating financial statements.
- What is meant by the translation of financial statements and its importance.
- Accounting treatment of translation adjustments (translation gains and losses).
- International Accounting Standard No.21) for the translation of foreign financial statements.
- View standard.
- Translation of the financial statements in case the foreign operations are considered a business unit.
- Translation of the financial statements in the event that foreign operations are considered an extension of the parent company's operations.
the fourth day
- Capital budgeting and evaluation of investment projects in multinational companies:
- The concept of capital budget and how to prepare it.
- Methods of evaluating foreign investment projects.
The fifth day
- Information systems, control and performance evaluation in multinational projects:
- Accounting information systems in multinational projects.
- Information needs for internal use.
- Financial control and performance evaluation.