Accounting and finance policies and procedures are the most efficient way to implement company-wide effective internal control tools in any organization. They are part of every business cycle: purchase and payment cycle, inventory and production, HR and payroll, fixed assets and capitalization of costs, and the sales and collection cycle. On top of that, accounting and finance policies and procedures are essential for the board of directors and senior management to communicate limitations and authorities given to different managers and employees throughout the organization. Moreover, their use is also extended to organize financial reporting and compliance with regulators outside the organization.
In this course participants will be encouraged to think of risk-based processes to write and implement operational policies and procedures. They will learn to allocate tasks to different personnel based on proper segregation of duties and to use software to implement the controls efficiently. Also, the course covers sample financial statements prepared according to the International Financial Reporting System (IFRS).
At the end of the program, participants will:
- Design and produce a model accounting and finance manual
- Plan the required resources needed for the department
- Apply accounting concepts and International Financial Reporting Standards
- Set the chart of accounts in details to suit the business model
- Create comprehensive policies and procedures to streamline accounting for fixed assets
- Develop policies and processes for current assets and current liabilities
- Formulate reporting requirements as per International Financial Reporting Standards
This program is designed for professionals in accounting and finance, senior managers, supervisors and team leaders in account and finance department.
|Pakiri hotel Ltd., 4 Okwuruola Street, off Stadium Road, Rumuola, Port Harcourt, Rivers State
|Aug 12 - 16 Aug, 2024
Registration: 09:00:am - 04:30:am
|NGN 250,000.00 + 12,500.00 (VAT)
|(Group discount available)
|USD 500.00 + 25.00 (VAT)
Asije Philip 08051365946, 07087578814, 08068933608, 08029170491, 08145745664, 09112830607
Group discount available
Adekunle A. Ogunsola – B.Sc., MBA. ACA. FCIS. - Fellow of the Institute of Chartered Secretaries and Administrators of both London and Nigeria, an associate of Institute of Chartered Accountants of Nigeria (ICAN). He is also an associate of Nig. Institute of Management with multifaceted experiences spanning many Industries. He has worked in various capacities with a number of companies among which are: Statistician, Federal Office of Statistics, Manager, (Trade Financing) Integrated Trust and Investment Company Ltd, Assistant Registrar,(Consultancy and Corporate Affairs) with the Institute of Chartered Secretaries & Administrators of Nigerian, Senior Manager & Head. (Research and Development) University Press Plc., Senior Consultant and Head of Training with DACA Consults Ltd, Mr. Ogunsola is presently the Managing Consultant of Adex consult and Management Services. He has varying experiences in Research, finance and accounting, management, compliance and related areas. He will join others to share their experiences on this program. LATIFF AJIBOLAAGBOOLA - FCA, LIFA, MBA, AAT. - A professional Accountant and Financial Analyst with a verifiable record of accomplishment spanning fifteen years in both public and private organizations of the economy. Mr. Agboola, worked as an accountant in the public sector of the economy before moving to work as an accountant in the private sector. He left paid employment as a deputy general manager account, John Holts Nig. PLC. He will join others to bring their experiences to bear on this program