Department of Accounting Organized a Scientific Trip to the Real Estate Bank in Erbil
On Wednesday, April 24, 2024, the Department of Accounting organized a scientific trip to the Real Estate Bank in Erbil, precisely arranged for third-stage students and supervised by Dr. Hashem Mohammed. The students were graciously received by Mrs. Zhian Mohamed Omar, the esteemed bank director, whose warm hospitality set the tone for an enriching experience.
During their visit, the students received a thorough briefing on the Real Estate Bank’s operations, learning about its various processes, loan types, and banking transactions. This hands-on session gave them a real-world perspective on their academic studies.
The highlight was Mr. Falah Abdullah Mohamed’s detailed presentation. As the bank’s financial manager, he expertly explained how to record accounting operations for loans and interest. He showed how to manage accounts, handle deposits accurately, and calculate loan interests. Mr. Mohamed even guided them through modifying schedules, ensuring everyone grasped the concepts fully.
Overall, the trip widened the students’ understanding of accounting in banking. It left a lasting impact, providing valuable insights for their future careers.