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Home All Courses FFAC™ Foundational Financial Accounting Certificate
4.8

FFAC™ Foundational Financial Accounting Certificate

1 alternative locations available

Course Overview

IMA’s Foundational Financial Accounting Certificate is designed to provide a quality and valuable learning experience to those interested in strengthening their baseline financial accounting skills and knowledge and in utilizing such skills and knowledge on the job. Receipt of a certificate of completion marking the individual’s understanding of basic financial accounting knowledge.
The Foundational Financial Accounting Certificate Assessment Exam consists of 75 multiple-choice questions that cover the various financial accounting topics included within the course. The candidate will have
three hours to complete the assessment exam.
With this baseline knowledge, individuals will then be better prepared to study for IMA’s prestigious, more advanced CMA® (Certified Management Accountant) exam - a natural next step in their management accounting career path - provided they also have strong baseline knowledge of management accounting. The CMA credential is the advanced professional certification focused on management accounting skills and knowledge that delivers tangible value. It demonstrates command of the critical accounting and financial management skills demanded by today’s dynamic businesses, translating into significant career opportunities for accounting professionals.

1 alternative locations available

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Run This Course

Enjoy this certified

program at your premise of choice, with lower costs, and schedule that suits you best.

FULLY CUSTOMIZED

ACCORDING TO YOUR NEEDS!

5 Key Takeaways

1

The ability to understand and work across depth of the entire range of accounting statements and related processes within organizations.

Encourage sharing of best practices and tools, which leads to optimal bottom-line results and proficiency in decision-making, planning and control functions.

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Fully utilize the content of the workshop related topics in order for you to manage, drive and stay on top your company’s professional environment.

FFAC™ serves as a foundation course for CMA candidates. The areas covered in FFAC will help you understand very well over 15% of the CMA syllabus.

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More recognized all over the world as compared with other similar qualifications.

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See What’s Inside Our 2019 Catalog

Course Outline

CHAPTER 1: Introduction to Financial Accounting CHAPTER 2: Fundamentals of Financial Accounting CHAPTER 3: Period-End Accounting Activities CHAPTER 4: Financial Statements: An Introduction CHAPTER 5: Balance Sheet Components CHAPTER 6: Income Statement Components CHAPTER 7: Statement of Cash Flows Components CHAPTER 8: Other Financial Statement Information CHAPTER 9: Annual Report CHAPTER 10: Internal Controls Over Financial Reporting

EDUCATIONAL PARTNER

IMA - Institute of Management Accountants

Founded in Buffalo, N.Y. in 1919, the Institute of Management Accountants (IMA) is the worldwide association of accountants and financial professional working in business. Whilst representing more than 70,000 professional members, IMA is committed to promote knowledge and professionalism among cost accountants and foster a wider understanding of the role of cost accounting in management. In this regard, IMA’s mission is to provide a forum for research, practice development, education, knowledge sharing and the advocacy of the highest ethical and best business practices in management accounting and finance. IMA achieves its main goal through: » Offering a rigorous, highly respected credential – the CMA – that recognized and rewards expertise » Building a peer network of professional relationships to share industry experience, access career opportunities, and make business contacts to last a lifetime » Providing extensive education programs to advance professional knowledge, increase leadership potential and satisfy CPE requirements » Giving a voice to the profession with insightful and timely journals and newsletters » Promoting leading-edge research and industry best practices » Advocating for the profession in a challenging regulatory environment.

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Who Should Attend?

This highly practical and interactive course has been specifically designed for:

  • Fresh graduates
  • Junior accountants and auditors
  • CMA candidates who are in a need for preparatory course in financial accounting before starting their CMA studies.
  • Non-accounting professionals who are willing to get accounting knowledge.

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FREQUENTLY ASKED QUESTIONS

Most of our public courses are delivered in English language. You need to be proficient in English to be able to fully participate in the workshop and network with other delegates. For in-house courses we have the capability to train in Arabic, Dutch, German and Portuguese.

LEORON Institute partners with 20+ international bodies and associations.
We also award continuing professional development credits (CPE/PDUs) for:
1. NASBA (National Association of State Boards of Accountancy)
2. Project Management Institute PDUs
3. CISI credits
4. GARP credits
5. HRCI recertification credits
6. SHRM recertification credits

The deadline to register for a public course is 14 days before the course starts. Kindly note that occasionally we do accept late registrations as well, but this needs to be confirmed with the project manager of the training program or with our registration desk that can be reached at +971 4 447 5711 or [email protected].

The course fee covers a premium training experience in a 5-star hotel, learning materials, lunches & refreshments, and for some courses, the certification fee and membership with the accrediting bodies.

Yes, we can provide discounts for group bookings. If you would like to discuss a discount on a corporate level, we will be happy to talk to you.

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