Rumaitha Technical Institute holds a training course entitled “Alternative Accounting Methods in a Period of High Prices”

The Continuous Education Unit, in cooperation with the Accounting Technologies Department at Al-Rumaitha Technical Institute, organized a specialized training course entitled “Alternative Accounting Methods in a Period of High Prices,” which was delivered by Mr. Dr. Tariq Hatem Rahi, one of the distinguished academics in the field of accounting.

The course aimed to provide new insights and advanced accounting tools that help confront the economic challenges imposed by the phenomenon of rising prices. Innovative strategies for managing costs and analyzing financial data were highlighted, to ensure enhancing the efficiency of institutions and achieving their financial goals.

The course included a detailed explanation of several topics, including how to reevaluate assets and liabilities in light of price fluctuations, and using modern methods to prepare estimated budgets in unstable economic environments. The course also covered analytical models for managing financial resources in flexible and accurate ways, with practical examples showing how to apply these tools in various sectors.

This training program comes within the framework of Al-Rumaitha Technical Institute’s endeavor to develop accounting competencies and qualify them to deal with current and future challenges, thus enhancing their role in improving financial and administrative performance at the institutional level.