Financial Accounting and Reporting Institute of Banking Studies
Price: TBA

Course details

Objectives :

  • Provide participants with the general idea of ​​a comprehensive financial accounting and financial reporting with a focus on the basic financial statements which are prepared by all the companies in terms of the contents of these lists and their uses and limitations

Contents :

  • The theoretical framework of financial accounting and financial reporting:
  • Its importance and its objectives.
  • Accounting and interested parties accounting definition.
  • Qualitative characteristics of accounting information.
  • The assumptions and accounting principles and determinants.
  • Overview of the international financial reporting standards IFRS.
  • A detailed explanation of the basic financial statements with an emphasis on their importance and their uses and components and shortcomings which:
  • Income list.
  • The balance sheet.
  • Cash flow statement.
  • Accompanying notes to the financial statements (importance and types).

About Institute of Banking Studies

The Central Bank of Jordan began in 1965 to study the necessary means of setting up a team for theoretical and practical training aimed at promoting human cadres of the banking and financial sector and study its employees needs and satisfy their desires to advance their scientific and practical abilities . These efforts culminated in the creation of the Institute of Banking Studies in accordance with Article (37) Paragraph (d) of the Central Bank of Jordan Law and in accordance with the Institute,s Articles of Association No. (69) issued on 1970. The Institute   was   officially   inaugurated on   October 9, 1971 and was housed then at the Central Bank,s premises.

In the early 1990,s , the  Institute  witnessed a new stage ; the construction of the Institute,s permanent   headquarter   in  Tla,a  Al  Ali ,  a suburb of the capital  Amman . The complex was constructed on an eight dunums plot of land and comprised of administration units, academic and training activities halls, library, laboratories, cafeteria, health clinic and a multipurpose hall. Also , the Institute has two branches, one in Irbid and the other in Aqaba.  The purpose of  these  branches is to widen the distribution of academic and training activities conducted  by the Institute to cover the various regions of the Kingdom.

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