Accounting Fellowship Exam Skills Training Course (Managerial and Governmental Accounting)

General Overview of the Program

Through this course, the latest accounting methods and systems will be highlighted, with a focus on cost accounting, managerial accounting, government accounting, and accounting for non-profit organizations. The course aims to provide participants with an integrated understanding that supports their professional performance and contributes to improving the financial efficiency of organizations.

Main Topics:

Cost Accounting:

• Objectives and Scope of Cost Accounting and Managerial Accounting
• Cost Concepts and Bases for Classifying Cost Elements
• Measurement of Production Costs and Different Cost Theories
• Job Order Costing System
• Process Costing System
• Contract and Operation Costing System
• Joint Costing System
• Just-in-Time (JIT) Production System (Inventory-Free Production)

Managerial Accounting:

• Standard Costs and Cost Variance Analysis
• Target Costing and Cost Reduction Procedures
• Cost–Volume–Profit (CVP) Analysis
• External and Internal Pricing Decisions
• Capital Budgeting
• Balanced Scorecard
• Total Quality Management (TQM) Philosophy
• Inventory Control and Economic Order Quantity (EOQ)
• Cost Allocation and Activity-Based Costing (ABC) System
• Differential Analysis and Decision Making
• Planning Budgets
• Development of Managerial Accounting
• Customer Profitability Analysis
• Theory of Constraints (TOC)

Governmental Accounting:

• The Concept, Characteristics, Objectives, and Components of Governmental Accounting in Accordance with Public Sector Accounting Standards
• Presentation of Financial Statements in Accordance with Public Sector Accounting Standards
• Cash-Generating and Non-Cash-Generating Assets in the Public Sector
• Impact of the Transition from the Cash Basis of Accounting to the Accrual Basis
• Accounting for Expenses and Revenues in Accordance with Public Sector Accounting Standards
• Accounting for Inventory in Accordance with Public Sector Accounting Standards

Nonprofit Organizations:

• Accounting Standards for Nonprofit Organizations
• Types of Funds in Nonprofit Organizations
• Financial Statements of Nonprofit Organizations
• Accounting in Nonprofit Organizations
• Universities and Colleges
• Healthcare Units and Hospitals
• Other Nonprofit Organizations
• Those Interested in Applying International Accounting Standards
• Accountants in Healthcare Units, Universities, and Educational Institutions

Basic Training Information 

• Course Duration: 12 days
• Number of hours: 48 hours
• Training System: In-person at the institute’s premises
• Training Duration (in hours): 4 hours per day
• Course Time: From June 29 to July 14, 2025

Program Benefits

• Accredited Training Certificate: Accredited by the Technical and Vocational Training Corporation (TVTC).
• Enhancing Professional Competence: Qualifying Participants to Pass the SOCPA Exam in Managerial and Governmental Accounting.
• Ideal Training Environment: Classrooms and labs equipped with the latest devices and technologies.
• Professional Instructors: Highly Experienced and Qualified Trainers in Managerial and Governmental Accounting.

Program Outcomes 

By the end of the course, participants will be able to:

• Understanding Managerial Accounting and Cost Accounting.
• Preparing Financial Budgets.
• Applying Governmental Accounting Standards.
• Cost Analysis and Decision Making.
• Understanding Accounting in Nonprofit Organizations.
• Enhancing Planning and Control Capabilities.
• Benefiting from Recent Developments.

Target Audience:

• Accountants in the Government Sector.
• Professionals Working in Cost Management and Managerial Accounting.
• Auditors in Governmental and Private Institutions.
• Officials Responsible for Preparing Budgets and Financial Reports.
• Professionals Working in Nonprofit Organizations.
• Financial Managers and Internal Control Officers.

Program Fee

2,600 SAR

Installment service:

Available upon request through monthly installment service via Tamara.