Financial Accounting

Financial Accounting AUC Course

This course introduces you to accounting as a discipline and the various uses of accounting information. It emphasizes the concepts and assumptions underlying data accumulation for financial reporting and the basic financial accounting principles and standards. You will cover topics including the accounting cycle, merchandising accounts, asset valuation, income measurement, and sources of finance accounts such as Liabilities and Contributed Capital. You will also end up preparing financial statements and analyzing them. If you are interested in fueling up your love for finance and accounting and want to discover what business in finance is like, this is the course for you.

  • Understand accounting as an information system with emphasis on concepts and assumptions underlying data accumulation for financial reports.
  • Understand the structure and function of financial statements.
  • Understand the different forms of business organizations with special emphasis on the application of accounting concepts and techniques in a ‘corporation’ setting. 
  • Understand accounting theory and its application pertaining to the presentation of the elements of the accounting equation (assets, liabilities, equity, income, and expense accounts), with special emphasis on Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).  
  • Understand how to analyze accounting reports for decision-making purposes.
  • Understand the external and internal business environment.
  • Understand how to apply quantitative methods in analyzing business situations.
  • Be able to conceptualize and apply problem-solving techniques in a variety of organizational settings.
  • Be able to apply skills and utilize knowledge to address real-world business situations.
  • Be able to analyze, organize, and synthesize information to draw and support conclusions.
  • July 17 - August 4, 2022
  • Sessions will run daily from 9 am to 3 pm
  • AUC New Cairo campus
  • Fridays and Saturdays are off
  • $1,000 (price including field trips)
  • 10% discount offered for siblings
  • Egyptian students can pay the equivalent amount in Egyptian pounds

Note: This course helps you save up to almost 50% from its original price at AUC.

This course is one of the required courses needed in the finance major. We recommend you take it if you are seeking a Bachelor of Business Administration or bachelor's in accounting. The course also serves students seeking other majors that have collateral requirements, as well as students planning on declaring business administration as a minor.

  • Upon taking this course, you will receive a certificate of completion from AUC and an official AUC transcript with your pass/fail mark.
  • The course is not letter-graded, only pass or fail.
  • Only students who pass the course will be able to transfer the course when they enroll to AUC or any other university (if applicable).
  • The course is equivalent to 3 credit hours. Accordingly, upon enrolling to University and enrolling, 3 credit hours will be off-loaded from the major, minor, core, or elective requirements.
  • The course will be transferred even if you decide to major in any other field.
  • Submit an English writing sample (at least 750 words): essay or reflection
  • Submit a copy of your report card for the past two years of school
  • Submit a recommendation letter from a high-school teacher within the past academic year. The teacher must mention the student’s capacity for academic study in English

Registration deadline: June 30, 2022

The AUC bus service is available for extra fees. Details on the schedule will be shared before the program’s start date.
Note that only vaccinated students are allowed to use the bus service.

Accommodation is offered at the University residences in case needed. 

Moataz El-Helaly

Moataz El-Helaly has a PhD in management, accounting from Aston University, UK. He also holds a BSc and MSc in management from the German University in Cairo. His research is in International Financial Reporting Standards (IFRS), earnings management, related party transactions, and corporate governance. He has a growing profile of publications in international peer-reviewed journals. El-Helaly has wide teaching experience in different accounting subjects. He has worked before at the American University of Beirut, The British University in Egypt, Aston University (UK), and the German University in Cairo. His teaching interests include financial accounting, managerial accounting, auditing, and taxation. During his PhD studies, he visited WHU Otto Beisheim School of Management in Germany and the University of Zurich in Switzerland. He is also an associate fellow of the UK Higher Education Academy and completed teaching enhancement certificates one and two at The American University in Cairo. He is also the Certified Management and Business Educator (CMBE) from the UK chartered association of business schools.

A 100% refund of the program fees will be offered in the following cases. Cases should be reported at least three weeks before the program's start date.

  • Course cancellation 
  • Medical withdrawal
  • Visa denial