Accounting Standards for Islamic Financial Institutions
Programme Director:

A 5 - Day Training Course.

Course Description
In the Middle East financial institutions are allowed to prepare accounts using AAOIFI standards. These standards consider the impact of Sharia’a compliance on a firm and develop appropriate reporting.

Learning Objectives
This introductory level course is designed to provide the participants with an understanding of AAOIFI standards and the key accounting issues that they are trying to address. Through a review of the twenty-three (23) AAOIFI Standards (2007-2008) delegates will gain an understanding of how this provides a picture of the financial health and Sharia’a compliance of the institution.

Who Should Attend
Chief Financial Officers Finance management and staff Risk management staff Internal auditors Sharia’a committee members

Methodology
Classroom style, seminar - workshop format, using up-to-date and relevant examples of published (in English) sets of accounts from major Islamic banks in the GCC region and UK.

Knowledge Pre Requisites
An appreciation of accounting principles and an understanding of accounting practises and reporting will be advantageous.

Course Outline
Click here for more course details in .pdf format.