Certificate in Accounting for Islamic Financial Institutions

The Certificate in Accounting for Islamic Financial Institutions covers the reporting framework and standards of Islamic financial institutions, understanding and analysing financial statements of Islamic financial institutions, analysing and classifying Islamic financing transactions as well as the economic consequences in terms of risk and return. CIMA's Islamic finance qualifications structure reflects the evolving requirements in business. Comprising of the Certificates in Islamic finance and the Diploma in Islamic finance. Whether you are completely new to this area of finance or have prior experience, uncover all the possibilities with our suite of Islamic finance qualifications. The individual certificates will give you skills in Shari'ah compliance and the complexities of the contracts that underpin this compliance. You will also develop confidence in the use of the contracts that underpin Islamic finance, and the terminology that sets Islamic finance apart from conventional finance. TOPICS DISCUSSED: The reporting framework and standards of Islamic financial institutions The analysis and classification of Islamic funding and financing transactions How transactions adopting different contracts of financing are reported in the Islamic financial statements Financial accountability and Shari'ah compliance of Islamic financial institutions. WHO SHOULD TAKE THIS COURSE? These qualifications will be valuable for newcomers and professionals operating in a range of industries. There is no entry criteria for these certificates. They are designed to give two significant market advantages: (1) the professional recognition of a CIMA international qualification, and (2) demonstrable expertise in the complex, fast growing world of Islamic finance. TOPICS COVERED: Financial accounting & reporting: Technical: Special purpose frameworks, Foundational Additional Info Format: Course – Online Level: Foundational Duration: 23 Hours This CPD program is eligible for a digital badge. Find out more about Digital Badges from CGMA. Online Access Instructions A personal pin code is enclosed in the physical packaging that may be activated online upon receipt. Once activated, you will gain immediate online access to the product for one full year. System Requirements AICPA’s online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by AICPA technicians. A stable and continuous internet connection is required. In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course....