This program is designed to enable the participants to fully understand not only theoretically but practically too, the difficult and grey areas of accounting for specific transactions often overlooked by conventional text books and education. Focus would be on practical aspects of these areas to solve participants real life accounting predicaments.
Objectives:
- To fully explain and de-mystify the concept of Deferred Taxation
- Deciding criterias when a particular expenditure is a Capex or an Opex
- Knowing the tools on how to practically prepare an Operating Expenditure Budget (real life example)
- The proper and practical way of preparing Capital Expenditure Budget with Payback and NPV analysis (including prioritizing projects)
- To enable participants develop skills of formulating Standard Cost (including use of Bill of Material) in real environment
- Understanding fully and de-mystifying accounting entries for Standard costing system (variance journal entries) which is often misunderstood
- Mastering Inventory Accounting and how to manage it practically (Reconciliation templates: real life examples)
- Understanding practical accounting entries for Hire purchase and Leasing transactions in a company according to Accounting Standard
For more information please email to Joan@cfrontier.com or call +6088731575