Financial accounting is considered the mother of accounting branches. All other branches either stem from it or pour into it. It is the practice of classifying and regulating all accounting entries for all the activities inside the firm i.e. monetary activities, inventory and purchases, current assets, tangible and intangible fixed assets, short and long term investments… etc. And it is finalized by preparing the financial reports and statements. This program will study the different entries for various activities inside an institution under the IAS and IFRS.