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Final Account and Financial Reporting Programme

By: Tom Associates Training  

Lagos State, Nigeria

13 - 15 Dec, 2021  3 days

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NGN 130,000

Venue: 5/7 Alade Lawal Street, Off Ikorodu Road, Anthony Village, Lagos.

Day One

Introducing the Components of Final Account

  • Trading Account
  • Manufacturing Account
  • Profit and Loss Account
  • Balance Sheet

Trading Account

  • Opening Stock
  • Purchases
  • Direct Expenses
  • Sales Account
  • Closing Stock
  • Profit
    • Gross profit
    • Operating profit
    • Net profit

Manufacturing Account

  • Raw Material
  • Work-in-Progress
  • Finished Product
  • Raw Material Consumed
  • Cost of Production

Day Two

Trading Profit and Loss Account

  • Plus - Commission
    • Interest
    • Other incomes
  • Less - Expenses
    • Depreciation
    • Interest payment
    • Discounts
    • Bad debts

Balance Sheet - Assets

  • Fixed Assets
  • Current Assets
  • Cash and Cash Equivalents
  • Intangible Assets
  • Accounts Receivable
  • Working Capital

Balance Sheet - Liabilities

  • Current Liabilities
  • Long-term Liabilities

Balance Sheet - Assets Grouping

  • By Liquidity
  • By Permanence

Day Three

Adjustments

  • Adjustment Entries
  • Accounting Treatment
  • Reserves Fund
  • Loss of Stock
  • Free Samples.
5/7 Alade Lawal Street, Off Ikorodu Road, Anthony Village, Lagos. Dec 13 - 15 Dec, 2021

Registration: 08:30:am - 09:00:am

Class Session: 09:00:am - 04:00:am

NGN 130,000.00(VAT Inclusive)
(Convert Currency)

Mr Abiodun Toki 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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