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Stock Taking Skills and Stock Valuation

By: Alpha Partners

Lagos State, Nigeria

04 - 06 Apr, 2018  3 days

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NGN 105,000

Stock is a very important asset to any organization. This workshop teaches how to quantify value and document stocks of the organization.

CONTENTS

Stock Counting Methods

  • Periodic stock counting
  • Continuous stock counting
  • Cycle stock counting

Inventory Valuation Methods

  • First in-first out-(FIFO)
  • Weighted Average
  • Others

Treatment of Slow, fast and Non-Moving Stock

  • Cost of Holding Inventory
  • Ordering Costs
  • Stock Levels

Stock Documentation

  • Stock Reconciliation and Documentation
  • Stock frauds

IFRS for Stock

  • Costs of Purchase
  • Costs of Conversion
  • Techniques for Stock Measurement

FOR WHOM: Stores, Purchasing and Logistics Personnel in the Public and Private Sectors

This course is being run by ALPHA PARTNERS in collaboration with THE INSTITUTE OF CHARTERED ACCOUNTANTS OF NIGERIA, LAGOS MAINLAND DISTRICT.

Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor) Opposite Adekunle BRT Bus-stop, Yaba - Lagos. Apr 04 - 06 Apr, 2018
NGN 105,000.00
(Convert Currency)

Chris Onwuasigwe, FCA – 08033045484 08033045484

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