Course Summary
Accounting is the backbone of every successful business. This comprehensive financial accounting course builds a strong foundation in both financial and cost and management accounting, equipping learners with practical skills needed in real-world finance roles.
Learn to create accurate financial statements, support strategic planning through budgeting and cost analysis, and align reports with international standards. Whether you’re pursuing a finance career, running a business, or preparing for certifications like ACCA or CMA or exploring top-rated finance courses in Dubai, this course helps you make smarter financial decisions, improve performance, and communicate more effectively with stakeholders.
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Why WingsWay?
WingsWay’s proven track record in delivering high-quality accounting courses in Dubai makes it the go-to institute for professionals and students seeking globally recognized finance and accounting course options.
WingsWay Training Institute, a globally recognised and trusted Authorised Training Centre, ensures you receive top-quality training and recognition for your efforts. Our commitment to delivering exceptional private education in Dubai has earned us the approval from the Knowledge and Human Development Authority (KHDA), an accreditation from CPD (UK) Standard’s Office, and an ISO 9001:2015 certification from the International Accreditation Forum (IAF).
Furthermore, WingsWay Training Institute proudly received the title of ‘Best Training Institute’ twice and the ‘Outstanding Organisation Award’. Our services and training quality have not only been recognised by students in 85+ nationalities but also by top international organisations.
Course Content
Unit 1 – Financial and Management Accounting – Basic to Advanced Level
This accounting course is designed to help learners master both financial accounting principles and the core of cost and management accounting, bridging academic theory with practical application.
SECTION A: FINANCIAL ACCOUNTING
- Introduction to Accounting
- The Regulatory Framework
- The Qualitative Characteristics of Financial Information
- Sources, Records and Books of Prime Entry
- Ledger Accounts and Double Entry
- Trail Balance, Profit and Loss Statements of Financial Position
- Inventory
- Tangible Non-Current Assets
- Intangible Non-Current Assets
- Accruals
- Pre-payment
- Provisions and Contingencies
- Irrevocable Debts and Allowances
- Introduction to VAT
- Bank Reconciliation
- Appendix-Financial Statement Solutions
- Accounting for Management
- Cost Classification
- Cost Behaviour
- Absorption and Marginal Costing
- Alternative Costing Principles
- Planning, Budgeting and Forecasting
- Standard Costing
- Cost Variances
- Sales Variances
- IAS 16 – Property, Plant, and Equipment
- IAS-40 – Investment Property IAS-23 – Borrowing Costs
- IAS-38 – Intangible Assets
- IFRS-3 – Goodwill
Course Duration
12 hours including practical
Learner’s Profile
Ideal for those planning to enrol in a financial management course or specialise in cost and management accounting, this program strengthens the foundational and strategic finance knowledge required for a successful career.
1. Students
- Business and Accounting Students: Required to learn both as part of their curriculum.
- MBA Candidates: Need knowledge of both areas for strategic decision-making.
- Finance Majors: Especially those interested in investment, corporate finance, or auditing.
2. Professionals
- Aspiring Accountants: Preparing for the CPA Course, ACCA Course, CMA Course, or CA Course.
- Managers and Executives: Use management accounting to make informed operational and strategic decisions.
- Finance Analysts: Use financial accounting for investment analysis, budgeting, and performance evaluation.
- Entrepreneurs and Small Business Owners: Need both to run their businesses effectively and communicate with investors or lenders.
3. Career Switchers
- Professionals moving into finance, accounting, or business roles from other fields (e.g., engineering, marketing, education)
4. Investors and Analysts
- Individuals who invest in stocks or analyse companies for investment decisions benefit from understanding financial statements.
5. Government and Nonprofit Employees
- Public sector workers involved in budgeting or compliance need to understand accounting principles tailored to their sectors.
6. Self-Learners
- People interested in financial literacy or managing personal finances better may explore the basics of financial accounting.
Entry Qualification
- High school diploma or equivalent
- Intermediate level of English proficiency
Learning Outcomes
By the end of this course, you will be able to:
- Design and manage document control systems compliant with ISO and audit standards
- Assign document numbers, register metadata, and maintain traceable version histories
- Distribute, retrieve, archive, and deliver final documentation with precision
- Deploy and operate EDMS tools for secure, accessible documentation
- Coordinate with multidisciplinary project teams and support audit-readiness
- Enhance efficiency, reduce errors, and strengthen operational compliance
Career Opportunities
Learning Financial and Management accounting opens up a wide range of career opportunities across industries in accounting and finance. Some of them include:
- Accounts Assistant / Executive
- Financial Analyst
- Cost Accountant
- Budgeting & Planning Analyst
- Finance Officer
- Entrepreneur or SME Manager
- Audit & Compliance Assistant
- Management Consultant (Finance)
Completing this program not only boosts your profile for global roles but also aligns you with top finance courses in Dubai recognized by professionals across sectors.
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