Financial Management Course for Media Institutions

Financial Management Course for Media Institutions 
Each organization has its financial specificity, which requires dealing with expenses and revenues different from other institutions. Media organizations have the added specificity of being mostly nonprofits.
Even for for-profit media organizations, their revenues may not always be commensurate with expenses. departments, correspondents, media cadres, technical supplies, programs, and others.
So, what skills do the financial departments of media organizations have to possess to be successful in their work?

Objectives of the Financial Management Course for Media Institutions

The Financial Management Course for Media Organizations aims to review fundamental accounting and finance principles, as well as learn about the accounting cycle of media organizations and how to manage assets, invoices, entries, and financial statements.

Topics of Financial Management Course for Media Institutions

• The most important basic definitions and principles in the field of finance and accounting.
• Review of the most important accounting principles and assumptions
• Describe the accounting cycle in detail.
• Identify the professor’s account, double entry, trial balance, and financial statements in media organizations.
• preparation of financial statements for media institutions.
• structures and contents of financial statements in media organizations.
• Learn about accounting standards for the presentation of financial statements.
• preparation of financial statements for media institutions.
• design of the documentary role of media institutions.
• Invoices
• design of the notebook cycle by the American method.
• book cycle design via the French method.
• Assistant Professor Account and General Professor’s Account
• Auxiliary journals, general journals
• Analysis and interpretation of financial statements
• Horizontal analysis, vertical analysis, and analysis across financial ratios.
• Accounting using electronic accounting software suitable for media organizations.
• professional accounting methods through Excel.

Activities and Training Methods

• Training lecture
• practical applications
• Panel Discussions