Course Details
Course Outline
5 days course
Designing the Accounting Manual
- Purpose of designing and developing Accounting Manual.
- Establish authorities and duties pointed to Accounting Personnel.
- Organization of the Accounting Manual.
Accounting Department Setup Planning
- Arranging a appropriate reporting
- arranging for Human Resources versus Software – HRVSS
Accounting Concepts and their Application
- Implied accounting presumptions.
- Accrual Basis of Accounting versus Cash Basis.
- Going Concern Assumption.
- framework and Reliability of Measurement.
- Common concepts of Resources, Revenue and Expenses.
Accounting Procedures General
- Setting Chart of Accounts.
- Accounting Structure.
- Exchange Rate variations.
- Accounts and expense Centres.
- Prepaid and Accrual Concepts.
Fixed Assets and Capitalization of Costs
- Treatment and reporting of Fixed Assets.
- Devaluation of Fixed Assets.
- Disposal of Fixed Assets.
- Reports of Fixed Assets.
Accounts Payables Policies
- Accepting provider for Purchases.
- Getting invoices of sale and Inventory.
- Records on Payables Due.
- Payment Orders Processing.
Production and Inventory Processing
- Registration of Production Costs.
- Interdepartmental Transfers of Material.
- Issuing completed Goods.
Accounts Receivables Policies
- Approving Clients.
- Bank or Other Guarantees.
- Recording Invoices.
- Collection and Recording of Receipts.
Other Accounting Policies
- Debit and Credit Notes
- Payroll Recording and Reporting
- Reporting
- Fundamental Budgeting procedures.
- Financial Statements Issuance proceedings.
- Financial Analysis and contrasts to Budgets.
