CATEGORY TYPE: Finance & Accounting

COURSE NAME:Advanced Project Accounting


This course can be scheduled at your convenience, to request this course please click here

 Advanced Project Accounting involves the in-depth study of the principles and objectives of the techniques and theories used in managerial accounting. Topics such as capital budgeting, manufacturing accounting, management control systems, performance measurement, and quantitative techniques for planning and control will be discussed. The strategic and behavioral implications and impacts of planning and control will form the context for study. The course involves significant student participation and experiential learning.



To enable participants to learn and understand the project accounting concepts and their application.


Expected Accomplishments:


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


  • Define project, project management and identify various phases of project
  • Understand the role and services provided by project accountant
  • Apply various accounting techniques for project appraisal
  • Prepare project budget and costing work sheets
  • Understand concepts of cost analysis, cash flow management and maintenance of financial records for projects
  • Close the project with appropriate accounting entries




  • Introduction to project and project management
  • The project life cycle
  • Project Parameters
  • Role of accounting in project management
  • Typical project accounting services and required skills
  • Financial Criteria for project selection; financial analysis using Accounting rate of return, Pay back period, Internal Rate of Return and Net Present Value methods
  • Sources of cash flow for a project
  • Planning of project; preparing work break down structures
  • Planning cost dimension; identification of direct and indirect project costs
  • Budgeting problems of project
  • Key tasks of project accountant during implementation phase; cost analysis and feed back, cash flow management, financial records, major accounting entries and financial reporting
  • Accounting issues on project completion; disposing equipment, material etc and closure of project books


Accounting staff working on projects and in Accounts Department.

    • 5 Day(s)

    The presentation is generally appealing to me. The dedication & devotion of the instructor are both laudable & admirable.
    Mohammed F. Alotaibi

    Really this course is important for any inspector, so I will recommended it for our employees. And thanks a lot!
    Ahmed Al-Yami

    You are doing excellent bringing such very talented instructor. Please keep it up.
    Ahmed Afifi
    Al-Zamil CoolCare

    I would like to appreciate you as well as the instructor for a good training due to the fact that the helping to gain new information about the types of valve with advantages and disadvantage as well. Many thinking.
    Zaki Ali Aldawood

    This course was very beneficial and helpful to understand one of the Major NDT method. I encourage ITC to continue with this performance.
    Talal Saad AlHasawi

    ITC service was in overall excellent. Thanks.
    Wael M. Morsy

    This course was good and a nice guide to the PMP exam. Thanks.
    Yazeed Mohamed Mreki
    General Authority of Civil Aviation (GACA)

    It was good course & good preparation with excellent instructor. Thanks a lot.
    Faisal Mahdi Al-Qahtani

    It was a nice course to have. I suggest taking this course with the same instructor to other people. Thanks for the instructor for his kindness & helfull during the course.
    Abdul-Moniem Al-Humoud

    It is very important course, which enable us to improve our knowledge to work approaching our big account and can be recall us the key account. This is will support us to active result for the best of the Co.
    Mohammed Amjad
    Al-Suwadi Services

    The instructor is highly and technical knowledgeable in explaining all the subject in the course taken.
    Noel V. Garan
    Coldstorec Group Of Saudi Arabia

    Instructor was well prepared and knowledgeable I gain lot of useful information.
    Gulam Khan
    Saudi Aramco

    It was a good learning experience. Got to know the concept involved in key account.
    Muthuraman Nachiappan
    Al-Suwadi Services

    The instructor Mr. Ahmed Sabry has a very nice spirit.
    Salam Fakhoury
    Al Khodari Company

    It is very useful to us and increase our knowledge.
    Mohammed Rashed Afifi
    Al Khodari Company

    The course is excellent and helpful. It help me in organizing the work in more safe manner.
    Muzammil Hayat
    Al Khodari Company

    The instructor is very knowledge and hard working, his way of teaching is very good.
    Ibrahim Darwish
    Al Khodari Company