DBI/Cer/FA/2024/08

Subject: Invitation to the Online Certificate Course on ‘Financial Accounting (FA)’, jointly with The
Institute of Cost and Management Accountants of Bangladesh (ICMAB).
Dear Sir/Madam,
We have the pleasure to inform you that DCCI Business Institute (DBI) is offering 3 months long Online
Certificate Course on ‘Financial Accounting (FA)’, scheduled to be held on October-December 2024,
jointly with The Institute of Cost and Management Accountants of Bangladesh (ICMAB). Total ten (10)
sessions each 3 hours will be held on Friday from 7.00 pm - 10.00 pm in 3 months through Zoom online
platform. The course is being offered for the eighth time after having commendable success in the last
seven batches.
Topics overview in brief: The course starts with explaining the accounting framework, shading light on
the relevant conceptual and regulatory requirements. The course focuses on how accounting works and
stages of accounting cycle. Eventually, the learners of the course will understand the process and concerns
in preparing financial statements for entities considering the nature of the entity’s operation.
Objective: This course ensures the conceptual foundation of financial accounting in completing tasks of the
input, processing, and output stages of the accounting information systems. The course aims to provide the
basic accounting concepts and principles that one can apply in preparing financial statements and related
information.
Who Can Attend: Top Management, Managers, Assistant Managers and Executives of organization,
Financial Analysts, Inventors in Capital Markets, Accountants, Entrepreneurs, Students and those who are
interested in Financial Accounting (FA).
Facilitators: Highly qualified, professionally trained, reputed and experienced resource persons in the related
areas, having ample theoretical and practical knowledge from home and abroad, with current information, have
been invited to conduct respective sessions.
Fee: Tk. 12,000/- payable in favour of ‘Dhaka Chamber of Commerce & Industry’ by EFT/ Pay Order/
Cheque/ Cash Deposit. It could also be paid through bKash merchant number 01766018659 (Payment) with
bKash charge. Fee includes cost of tuition, course materials, exams & certificate and excludes VAT & Tax.
Discount: 10% for (one option applicable): (i) DCCI Members; (ii) Women participants; (iii) Defense Forces
(iv) Students (undergraduation & postgraduation); (v) ICMAB Alumni; (vi) Three (3) or more participants from
one organization and Corporate Discount of 15% for the nomination of 10 or more participants to the same
course.
Admission Procedure: For admission log on to https://forms.office.com/r/jytke41SYp Admission would be
confirmed to candidates on payment of course fee. Admission Deadline: September 30, 2024.
Certification: On successful completion participants will get certificate signed by the President, DCCI and the
President, ICMAB.

Contact: For further information, please contact to DBI, Cell # 01777-364474 & Hot Line: 09-666-888-555
Ext. 1015, 02 47122986 Ext. 137/124/281; E-mail: amit@dhakachamber.com

Contact: DBI, Dhaka Chamber Building (11th floor), 65-66 Motijheel C/A, Dhaka
Phone: +88 02 47122986 (Hunting) Ext. 137 Mobile: 01777364474 & 01913745062, Fax: 9560830
E-mail: dbi@dhakachamber.com Website: www.dcci-dbi.edu.bd, facebook.com/dcci.dbi
 Online Certificate Course on
‘Financial Accounting (FA)’
Jointly Organized by DBI & ICMAB
Session: October-December 2024
Batch: 8th Batch

Sessions and Topics

Module Details
• What do Accountants do? – Flow of tasks- Branches of Accounting – Users of
Session 01: Accounting Information- Qualitative characteristics of accounting information -
Accounting Fundamentals Underlying assumptions, principles, and policies - Key elements of financial
statements- Concept of an integrated report

• Agents of Accounting Environment - Accounting Environment in Bangladesh -

Session 02: Standards setting bodies- IASC – IASB - Accounting and Reporting Standards-
Agents and Guiding Bangladesh accounting standards- Harmonization of accounting standards - Role
Principles of Accounting of accounting standards in preparing financial statements – Relevant Acts and
Regulations - Conceptual Framework for Financial Reporting- Ethical issues in
financial accounting.

• Stages of the accounting process/cycle - Source Documents - Double-entry

Session 03: system - Basic and extended accounting equation - The golden rule of debit and
The Accounting Process- credit – Chart of accounts and coding system in accounting -Types of accounts
Recording Transactions including suspense account - Recording transactions - Concepts of Journal
Entries- General Journal- Special Journals-Petty cash – Post to ledger accounts –
Group, General and Subsidiary Ledger - Trial Balance.

Session 04: • Concepts of adjusting entries – Periodic adjustments – Rectification of errors

The Accounting Process- before and after the publication of financial statements – Adjusted Trial Balance
Adjustments, Adjusted – Closing entries – Post-closing Trial Balance – Preparation of Worksheet.
Trial Balance, and Closing
Entries

Session 05: • What comprises a complete set of financial statements as per IAS-1? -
Complete Set of Financial Preparation of Statement of Profit or Loss and Other Comprehensive Income –
Statements Preparation of Statement of Financial Position/Balance Sheet – Statement of
Changes in Equity.

• Statement of Cash Flows – Direct vs. Indirect method of preparing the statement
Session 06: of cash flows – Notes and Supplementary Schedules – Disclosure of accounting
Complete Set of Financial policies and methods.
Statements

Session 07:  Accounting and Reporting of Cash and Cash Equivalents – Bank Reconciliation.
Accounting and Reporting  Accounting for Receivables – Aging schedule – Net realizable value.
of Current Assets  Accounting for Inventories – Recording – FIFO vs Weighted average - Reporting
inventories.
  Characteristics of Tangible fixed assets – Property, Plant, and Equipment –
Session 08: Acquisition – Use (Depreciation) – Retirement and Disposal – Fixed assets
Accounting and Reporting schedule.
of Non-current Assets  Intangible Assets – Acquisition – Amortization – Retirement/disposal.
 Impairment of Assets

Session 09:  Types of investment in other companies’ equity – Cost method – Investment in
Investment in Other Associates – Investment in Subsidiaries.
Companies - Group  Consolidated financial statements – Relevant IAS/IFRS for consolidation –
Financial Statements Preparation of consolidated financial statements.

 Types of financial statement analysis – Vertical analysis – Horizontal analysis –

Ratio analysis.
Session 10:
 Calculation and Interpretation of Ratio: Types of ratios – Profitability analysis –
Financial Statements
Liquidity analysis – Solvency analysis – Assets management efficiency analysis.
Analysis and
Interpretations  Presentation on Creative Accounting- Types of Creative Accounting - Practical
Examples and Case Study.

Final Assessment

ASSESSMENT CRITERIA-

- Final examination (100 marks) will be held after completing course;

- 60% class attendance is mandatory for eligibility of Exam;
- Pass Marks 50% and grading will be less than 50 marks = Fail, 50-64 marks =Pass, 65-74 marks = Pass
with Merit and 75 and above marks = Pass with Distinction.

Contact: DBI, Dhaka Chamber Building (11th floor), 65-66 Motijheel C/A, Dhaka
Phone: +88 02 47122986 (Hunting) Ext. 137 Mobile: 01777364474 & 01913745062, Fax: 9560830
E-mail: dbi@dhakachamber.com Website: www.dcci-dbi.edu.bd, facebook.com/dcci.dbi