Overview

Over the course of four days, this workshop provides participants with comprehensive insights into the latest accounting standards and their impact on the construction sector. On Day 1, attendees will gain familiarity with the estimated cost of long-term contracts and the requirements of the new Egyptian Accounting Standard No. 48, "Revenue from Contracts with Customers."
Day 2 continues to focus on this standard, emphasizing its effects on the construction sector and delving into the accounting treatments of onerous contracts. Moving forward, Day 3 and Day 4 concentrate on New Egyptian Accounting Standard No. 49, "Leases," exploring its requirements and implications for the construction industry. Through presentations and discussions, participants will deepen their understanding of these standards and their practical applications in construction accounting practices.

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Outcome

Be familiar with the requirements of new Egyptian Accounting no.48 " Revenue from contracts with customers" and its effect on construction sector


Be familiar with the requirements of New Egyptian Accounting Standards No.49 " Leases" and its effect on construction sector and its effect on construction sector


Be familiar with the Estimated cost of long-term contracts.


Be familiar with the accounting treatments of onerous contracts

Details

Developed by: Beacon FinTrain

Total Hours: 24 Hrs

Language: English - Bilingual "English & Arabic"

Modalities: 
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Outline

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Who Should Attend

  • Cost Controllers
  • Chief accountants
  • Head section Seniors

Why Beacon

Quality

Beacon FinTrain prioritizes excellence in every service, ensuring top-notch, reliable, and consistent outcomes that meet and exceed client expectations.

Specialization

We focus on finance, offering expert knowledge and bespoke solutions that cater to the unique needs of finance professionals in the Middle East and Africa.

Punctuality

Time is money. We respect deadlines, delivering precise and timely results to help our clients stay ahead in the fast-paced financial world.

Guidance

Beacon FinTrain is a guiding light in finance, providing insightful advice and support to navigate the complexities of financial markets and regulations.

Integrity

We uphold the highest ethical standards, fostering trust and transparency in all our dealings to build lasting relationships with clients.

Flexibility

Adapting to the dynamic finance sector, we offer versatile services and solutions that align with the evolving needs of our clients.