ffac - morganintl.com€¦ · foundational financial accounting certificate ffac. finance basics to...
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Foundational Financial
Accounting Certificate
FFAC
Finance basics to boost your career
Today’s companies are under pressure to improve their bottom line profitability, and are
increasingly expecting their key employees to have a basic understanding of accounting and
financial terms and concepts. This knowledge - knowing how to use and understand the
common language of accounting and finance - is particularly crucial in any career that involves
making important business decisions.
Pursuing the FFAC™ provides you with a comprehensive overview of accounting and finance
terminologies, and a solid foundation of knowledge of the accounting and finance process.
During the live workshop you will cover accounting cycles, financial statements, revenue
recognition, cash flow preparations, IFRS and much more. Equipped with this, you’ll be able to
analyze and report on financial activities and apply the fundamentals of accounting.
Who is the FFAC Workshop for?
Non-AccountingProfessionals
The FFAC™ is specifically
designed for professionals from
non-accounting and finance
backgrounds and familiarizes them
with essential accounting and
finance concepts.
AspiringManagementAccountants
The FFAC™ provides excellent
preparation for IMA’s prestigious,
more advanced CMA exam - a
natural next step if you decide to
pursue a career in management
accounting.
The knowledge you gain
Here’s what you’ll take away from the FFAC workshop:
1 The ability to understand and work across
the breadth and depth of the entire range
of accounting statements and related
processes within organizations.
2 Acquire solid knowledge of accounting,
finance & related fields, and demonstrate
the ability to integrate this information
into the business decision process.
3 Encourage sharing of best practices and
tools, which leads to optimal bottom-
line results and proficiency in decision-
making, planning and control functions.
4 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.
• Module 1: Introduction to Financia l Accounting
• Module 2: Fundamentals of Financia l Accounting
• Module 3: Period End Accounting Activities
• Module 4: Financia l Statements: An Introduction
• Module 5: Balance Sheet Components
• Module 6: Income statement components
• Module 7: Statement of Cash Flows Components
• Module 8: Other financia l statement information
• Module 9: Annual report
• Module 10: Internal controls over financia l reporting
• Module 11: Comprehensive problem & workshop conclusion
The FFAC Curriculum:
There’s no prerequisite to pursuing the FFAC workshop or
taking the exam, making it accessible to all.
• Exam structure: 75 multiple-choice questions
• Exam time: 3 hours
• When & where you can take the exam: Available all year
round at your nearest Morgan International testing site
• Certificate: upon passing the assessment exam, you will
receive a certificate of completion from the Institute of
Management Accountants (IMA) that marks your
understanding of basic financia l accounting knowledge.
The FFAC Exam:
We built our business out of thousands of success stories.
Yours is the next one waiting to happen.
Morgan International:
Tel: +961 1 999 211-2-3
Email: [email protected]
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