Curriculum

The curriculum is split into the following:

Accounting

Splits into two categories:

Financial accounting – you will be involved in book keeping, the preparation of annual profit and loss accounts and balance sheets which show a company’s results for presentation to its share holders.

Management accounting – you will be providing on going and up-to-date information on the current status of the company to enable management to make decisions about the day-to-day running of the business.

Audit

If working in public practice you will be deciding if the accounts of a client company show a ‘true and fair’ view of the profit or loss for the year; if working for a commercial organization, you will be involved in internal audit.

Taxation

Although in the UAE taxation has minimal impact, but in other countries almost every transaction, business or individual, has tax implications. Your main objective is to minimize a client’s tax liability. Broadly, you might assist with tax compliance – corporate or personal – or offer advice on the tax consequences of specific deals.

Financial Management

In an ever – competitive market, flooded with information, your business planning and budgeting skills, expertise in treasury management and ability to manage and advice on borrowing are invaluable. Not only that, you will prepare financial reports suitable for effective decision making.

Insolvency

When a company hits trouble you may be involved in an investigation to asses recovery chances. Or you might fill the role of: receiver – aiming to sell the company as a going concern; liquidator – selling the assets to pay off creditors and winding up the company; administrator – planning for the organization’s survival or restructuring business on a more advantageous basis.

Information Technology

You will assist a company in its choice of system and then ensure that it is installed and managed effectively. You will evaluate hardware and software, which may involve several months of adapting old data, conducting trials and training staff.

Corporate Finance

If you have set your sights on this role you will need a fair amount of experience under your belt. You will be searching for companies to acquire, approaching them, forming a view on price and then negotiating on behalf of clients and carrying out ‘due diligence’ work.

Management Consultancy

Again, experience is essential. Many firms fulfill the role as part of their service. You could be devising strategies for an organization and offering your judgment on issues ranging from harnessing technology to managing human resources and effective marketing.