Model chart of accounts

The Model Guide of Accounts is not limited to being a guide of accounts that an accountant can rely on in establishing the company or institution’s accounts, but it is an essential reference for understanding the nature of each account in the guide and then the accountant’s ability to accurately guide the accounting of financial operations according to the requirements of international financial reporting standards, as has been done. This guide was designed very carefully so that the accountant can extract various types of reports that may be useful to the company’s management, as the accounts guide is the basis for building any financial report in the company.

This product is suitable for each of the following categories:

This product is suitable for all companies and institutions of different types and sizes, as follows:
1-Commercial companies.
2-Contracting companies.
3- Restaurants and cafes.
4- Law offices.
5-Service companies.
6-Industrial companies.
Consideration was taken to include the necessary classifications for the main and sub-account groups, so that the accountant can filter them according to the type and field of the company and whether it is subject to the zakat or tax collection system, whether it is subject to full international standards or international standards for small and medium-sized enterprises, and other classifications based on activity and size. The company and the type of reports important to the company.

Product features:

1-The model chart of accounts is suitable for all types of companies and their different sizes, through classifications that the accountant can use to reach the appropriate chart of accounts according to the type of company and its requirements.
2-The model chart of accounts ensures that you have access to the most widely used and most useful financial reports for the financial management and various departments of the company.
3- The model manual of accounts contains an explanation of the nature of accounts and their uses in accordance with international financial reporting standards. Thus, it gives the accountant the opportunity to obtain additional experience through his knowledge of the nature of all types of accounts.
4- The model manual of accounts gives the accountant the ability to clearly understand the accounting requirements of various types of companies. For example, when the transition is made from international standards for small and medium-sized enterprises to full international standards, he can determine the required amendments to the manual of accounts and the accounting treatments necessary for the transformation.
5-The model chart of accounts is considered one of the main accounting tools that is indispensable for any accountant.

Product contents:

1-The model chart of accounts contains a worksheet containing the chart of accounts with its various classifications.
2-The model chart of accounts contains a worksheet with an explanation of all classifications of main and subsidiary accounts.
3-The model manual of accounts contains a worksheet containing some necessary instructions and directions for the accountant to achieve the maximum possible benefit.

Sources:

The model chart of accounts was prepared by a team of experts and specialists in various types of companies and professional offices, after reviewing all international accounting standards for financial reporting.