A cornerstone tool of the business decision
making accounting is the process of identifying, measuring, and communicating
economic information to permit informed judgments and decisions by the users of the
Relation to the CA, CGA or CPA Exam
Although the Program is
not designed specifically as a prep course for the CA, CGA or CPA exam, all of the courses
include material that is covered on the exam, and many use cases and examples that are
similar to those used in the exam, and are similar in structure and content to accounting
and law courses offered at any US university. Students who wish to take the
professional exam in the United States or USA after completing the Nineveh Business School center
Certificate Program in Accounting are urged to familiarize themselves with the established
procedure. Nineveh Business School center staff will be glad to provide additional information about the
steps needed to apply for the exams, mentioned above.
The curriculum for this certificate
consists of the Foundation Module (6 required courses listed below) and the Advanced
Module of specific Case Studies All coursework must be completed within 18 months
(including up to 12 months for Module 1).
AC001 Principles of Accounting
AC002 Intermediate Accounting
AC003 Advanced Accounting
ACM001 Managerial Accounting
ACC001 Cost Accounting
AC005 Advanced Audit
PRINCIPLES OF ACCOUNTING
This course is intended for students who
plan to specialize in accounting profession, as well as for those who wish to expand their
knowledge on this very important business subject. The identification, measurement, and
reporting of the financial effects of economic events on enterprises are introduced. The
course covers basics of accounting data, records, and statements, including accounts,
journals, ledgers, income determination, interest, worksheets, financial statements, cash
flow, and consolidated statements.
Prerequisite: No previous study of
bookkeeping or accounting is necessary.
Unit 1. Relationship Between Financial
Statements and Business Decision Making.
Unit 2. Financing Decisions and the Balance Sheet
Unit 3. Operating Decisions and the Income Statement.
Unit 4. The Process of Adjustment and Financial Statements.
Unit 5. Accounting Information System.
Unit 6. Reporting Sales Revenue, Accounts Receivables and Cash.
Unit 7. Reporting and Interpreting Cost of Goods Sold and Inventory.
Unit 8. Reporting and Interpreting Fixed Assets and Intangibles.
Unit 9. Reporting and Interpreting Liabilities.
Unit 10. Business Financing Instruments (Direct Investment, Loans, Bonds, etc.).
This continued study of accounting theory
and practice reviews the accounting cycle and preparation of accounting statements. Topics
include the conceptual framework of financial accounting, statement of income and
expenses, balance sheet and cash flows statements, the time value of money, cash and
receivables, valuation of inventories, acquisition and disposition of property,
depreciation, and current liabilities. The course is designed for anyone interested in
business management and economics, as well as for accounting majors.
Prerequisites: Principles of Financial
Accounting or equivalent.
Unit 1. An Introduction to Financial
Accounting and Reporting.
Unit 2. A Theoretical Basis of Financial Accounting and Reporting.
Unit 3. A General Overview of The Accounting Process.
Unit 4. Income Statement.
Unit 5. Balance Sheet.
Unit 6. Cash Flows Statement and Statement of Changes in Financial Position.
Unit 7. Revenue Recognition and Income Determination.
Unit 8. Cash, Current Receivables and Payables.
Unit 9. Determining Cost and Using Cost Flow Assumptions for Inventory Valuation.
Unit 10. Departures from Historical Cost and Methods of Estimating Inventory Cost.
This course applies fundamental accounting
theory to corporate structures; it also covers foreign currency transactions and
translation of foreign financial statements. The course is designed for students who want
to develop competency in analyzing and interpreting the full product of accounting.
Prerequisites: Intermediate Accounting
ACC002 or equivalent.
Unit 1. The Equity Method of Accounting for
Unit 2. Principles of Consolidation of Financial Information.
Unit 3. Consolidations - After Acquisitions.
Unit 4. Consolidations - Outside Owners.
Unit 5. Consolidated Statements.
Unit 6. Ownership and Income Tax Issues.
Unit 7. Fundamentals of Branch and Consignment Accounting.
Unit 8. Foreign Currency Transaction and Hedging
Unit 9. Translation of Foreign Financial Statements.
This course discusses various uses of
accounting systems and their effects on the process of managing an enterprise. Topics
include classification of costs and revenue on several bases for different uses, budgeting
and standard cost accounting, and analyses of relevant costs and other data for
Prerequisite: Principles of Accounting
ACC001 or equivalent.
Unit 1. Fundamentals of Managerial
Accounting and Basic Terminology.
Unit 2. Job-Order Costing.
Unit 3. Cost Behavior: Analysis and Use.
Unit 4. Cost-Volume-Profit Relationships.
Unit 5. Variable Costing as A Tool for Management.
Unit 6. Profit Planning.
Unit 7. Standard Costs and JIT/FMS Performance Measures.
Unit 8. Flexible Budgets and Overhead Analysis.
Unit 9. Segment Reporting, Profitability Analysis, and Decentralization.
Unit 10. Relevant Costs for Decision Making.
Unit 11. Capital Budgeting Decisions.
Unit 12. Aspects of Investment Decisions.
An intensive study covering basic cost
accumulation systems and refinements used to determine costs of products or activities in
various types of enterprises, this course emphasizes managerial cost analysis and
management decision planning.
Prerequisites: Principles of Financial
Accounting ACC001 and Managerial Accounting ACM001 or equivalent.
Unit 1. The Accountant's Role in the
Organization; an Introduction to Cost Terms.
Unit 2. Cost-Volume-Profit Relationship; Job Costing and Process Costing in Service
Unit 3. Job Costing and Process Costing in Manufacturing Companies; Flexible Budgets and
Unit 4. Income Effects of Alternative Inventory-Costing Methods.
Unit 5. Cost Behavior; Relevance, Costs, and the Decision Process.
Unit 7. Cost Allocation.
Unit 9. Spoilage, Reworked Units, and Scrap; Operation Costing and Project Control.
Unit 10. Variances and Decision Making.