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Duration 02 Hrs

  • Cash basis and accrual basis
  • Recording financial transactions under cash basis and accrual basis
  • Adjusted cash basis

  • Steps to implement the accrual basis
  • First: Opening balances
  • Second: Recording financial transactions during the period
  • Third: Preparing the trial balance
  • Fourth: Posting the adjusting entries
  • Fifth: Preparing financial statements

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This course is for entities intending to change from cash basis to accrual basis of accounting including governmental departments and not-for-profit organizations. In this course, the differences between cash basis and accrual basis are explained in details and the process of recording financial transactions under each basis is illustrated with examples. The course also covers the steps of change to accrual basis from determining the opening balances to recording the transactions and then preparing the financial statements at the end of each year. During the course there are many practical examples and at the end there is a quiz to be solved by the participants and should be sent to the instructor’s email for marking.

  • Chief Financial Officer.
  • Internal and External Auditors.
  • Board Members Of Governmental Departments.
  • Board Members Of Not-For-Profit Organizations.
  • Accountants


Dr. Mohammad Elshqirat earned his Ph.D. in finance from a reputable US university. He has more than 20 years of academic and professional experience in accounting, auditing, and finance. During his experience he earned many professional certificates including CIA, CFE, CFIP, and certificate in global financial compliance from the chartered institute of securities and investment in London.

$200.00 $46.99

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