FINANCIAL DEPARTMENT CONDUCTS AN INTRODUCTORY SESSION ABOUT ACCRUAL ACCOUNTING

As part of its plan to shift to the accrual basis of accounting in line with the Kingdom’s vision 2030, the General Administration of Administrative and Financial Affairs, represented by the Financial Department, held a series of introductory sessions for employees at the university to discuss some standards of accounting that are compatible with the university’s activity.

The session began by a welcoming speech for the director, Mr. Ahmed Al-Mousa, who pointed out that the university strives to be among the earliest to implement the shift to accruing basis.

The session featured different lectures and workshops about accruing accounting.