In tandem with the continuous developments in the Egyptian Accounting Standards for finance companies, and the Financial Regulatory Authority’s (FRA) keenness to keep pace with them, the Financial Services Institute (FSI) is launching an integrated training program targeting professionals in finance companies. The program focuses on reviewing the latest accounting updates impacting the finance sector—particularly the Egyptian Accounting Standards amended by the Minister of Investment’s Decree No. 110 of 2015 and Decree No. 69 of 2019, and their updates up to 2025—ensuring that employees are empowered to perform their job duties with the highest efficiency and in accordance with best practices.
Objectives of the Egyptian Accounting Standards Program
The program aims to provide participants with
- The most important updates in the accounting standards relevant to the field of work.
- An introduction to the principles that must be adhered to in order to provide appropriate information to users of financial statements.
Target Audience of the Program
Financial directors, heads of accounts, accountants, and internal auditors working in finance companies.
Agenda of the Egyptian Accounting Standards Program for Finance Companies
Day One
- Introduction to International and Egyptian Accounting Standards.
- An overview of the developments in Egyptian Accounting Standards up to 2025.
- Standard No. (1): Presentation of Financial Statements.
Day Two
- Standard No. (47): Financial Instruments.
- Standard No. (48): Revenue from Contracts with Customers. (Note: The original text wrote “47” twice, but the context refers to Revenue from Contracts with Customers).
Day Three
- Standard No. (13): The Effects of Changes in Foreign Exchange Rates.
- Standard No. (49): Leases.
- Standard No. (51): Financial Reporting in Hyperinflationary Economies.
Program Duration and Number of Hours
3 Days – 15 Hours