/  Accounting Policies and Procedures
All courses in Bali have been cancelled .
BMC Training provides on 26 Jan 2020 Accounting Policies and Procedures course [Finance , Accounting and Budgeting] in Bali,Indonesia

Objectives:

By the end of the program, participants will be able to:

  • Design and produce the Accounting and Finance Manual.
  • Plan the required resources needed for the department.
  • Establish authorities and duties in the department for maximizing efficiency and effectiveness.
  • Achieve segregation of duties and internal controls in the department.
  • Set comprehensive policies and procedures to streamline accounting operations.
  • Acquire a reference explaining essential accounting assumptions and their application.
  • Answer the questions: “who does what?” and “how to do it?” by formulating standard and reliable accounting processes.

The Content:

Designing the Accounting Manual

  • Purpose of the Accounting Manual
  • Authorities Assigned to Accounting Personnel
  • Organization of the Accounting Manual

Accounting Department Setup Planning

  • Planning for Proper Reporting
  • Planning for Human Resources versus Software – HRVSS

Accounting Concepts and their Application

  • Underlying Accounting Assumptions
  • Accrual Basis of Accounting versus Cash Basis
  • Going Concern Assumption
  • System and Reliability of Measurement
  • General Concepts of Assets, Liabilities, Income and Expense

Accounting Procedures General

  • Setting Chart of Accounts
  • Accounting Structure
  • Exchange Rate Differences
  • Accounts and Cost Centers
  • Prepaid and Accrual Concepts and Treatments

Fixed Assets and Capitalization of Costs

  • Treatment and Recording of Fixed Assets
  • Depreciation of Fixed Assets
  • Disposal of Fixed Assets
  • Reports on Fixed Assets

Accounts Payables Policies

  • Approving Suppliers for Purchases
  • Receiving Invoices and Inventory
  • Reports on Payables Due
  • Payment Orders Processing

Production and Inventory Processing

  • Recording of Production Costs
  • Interdepartmental Transfers of Material
  • Issuing Finished 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

  • Essential Budgeting Policies
  • Financial Statements Issuance Steps
  • Financial Analysis and Comparisons to Budgets



Related Training Courses

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Course Details
  • Code FBA156
  • TIME    08:00 AM - 11:15 AM
  • DATE    Jan 26 2020 - Jan 30 2020
  • Bali , Radisson Blu Hotel
  • +44 2087206971
  • Support@bmc.net

Fees Per Person

6500 GBP + VAT
Other Dates

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