Accounting Fundamentals + IFRS for MENA Professionals

About this course

Accounting in MENA is at an inflection point — IFRS adoption is now the standard at listed companies in Egypt, Saudi, and the UAE, and Big 4 audit (Deloitte, EY, PwC, KPMG) hires more grads and lateral movers than any single sector. This course builds a working accountant from the ground up: the accounting equation, journal entries, financial statements, the month-end close, and the 8 IFRS standards that come up the most in real audits and exams (IFRS 9, 15, 16; IAS 1, 2, 16, 36, 37). Every concept paired with a real-world example.

What you'll cover

• 1

  The accounting equation and the language of business

  Assets = Liabilities + Equity. Why every transaction has two sides. The chart of accounts.

• 2

  Journal entries to financial statements

  Record, post, trial balance, adjusting entries, financial statements. The full month-end loop.

• 3

  Reading the income statement and balance sheet

  What every line means. The ratios that signal health. Reading like an investor.

• 4

  IFRS 15: revenue recognition the right way

  The 5-step model. Subscription businesses, construction contracts, e-commerce.

• 5

  IFRS 16: leases on the balance sheet

  Right-of-use assets. Lease liabilities. Why every retailer's balance sheet got bigger.

• 6

  Inventory, fixed assets, depreciation, impairment

  IAS 2, 16, 36. FIFO vs weighted average. Useful lives and impairment indicators.

• 7

  Provisions, contingencies, and audit prep

  IAS 37. The audit working papers. What Big 4 actually checks first.

Skills you'll build

• accounting
• IFRS
• financial statements
• month-end close
• IFRS 15
• IFRS 16
• audit prep
• Big 4