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Comprehensive Basic Accounting Training

By: Tom Associates  

Lagos State, Nigeria

20 - 24 Jun, 2016  5 days

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NGN 155,000

This  training programme takes the employees responsible for running the Accounts and Finance functions of the organization through their core duties. They will be taken through the step-by-step process of performing each task. The core duties are:

  • Implementing all processes in accounting for financial transactions and enforcing the controls necessary for the running of the organization’s business
  • Liaising with external auditor and others involved in matters of statutory regulations, including pension fund managers, the tax organizations, etc
  • Preparing financial and other relevant reports at such intervals that help Management decisions for the organization to run smoothly. These include:
  • Weekly performance report
  • Daily balances and advice on managing the balances
  • Bank reconciliation
  • Variance analysis
  • Management of the cash flow position
  • Monthly trial balance, income statement and balance sheet
  • Budgeting and budgetary control.

Course Contents

Day One

  • The three financial fundamentals
  • The Balance Sheet - Interpreting Assets and Liabilities
  • The Income and Expenditure Statement
  • Diagnosing the Cash Flow Position and Requirements
  • Budgets and budgeting cycle

Day Two

  • Elements of Internal Control
  • Operational Auditing

Day Three

  • Safeguard of assets
  • Detection and prevention of frauds
  • Economical and efficient use of resources
  • Risk identification and assessment

Day Four

  • Cash flow Management
  • Tax Management

Day Five

  • Different Types of Financial Report
  • How to Prepare Them
  • Benefits of Financial Report
37, Offa Road, Gra, Ilorin, Kwara State. Jun 20 - 24 Jun, 2016
NGN 155,000.00 + 7,750.00 (VAT)
(Convert Currency)

08033019120

Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
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