Accounting principles and Practices

Asia CEO & Entrepreneur

APV (Cambodia) Co., Ltd Certified Public Accountants

The Accounting Principles and Practices

WHAT BENEFITS WILL THE TRAINEES OBTAIN AFTER TRAINING?  The trainees will become well-trained accountants and be equipped with practical knowledge to carry out the accounting work effectively.  The broad rank of the chart of account will be discussed.  Keeping accounting supporting document is very important for business. By attending this course, the accountants will discuss what are the valid supporting documents to be filed.  Participants will be equipped with basic skills to record monthly tax and adjustment of annual tax correctly according to law on taxation.  Participants will be able to do the financial record and report correctly in accordance with regulatory frameworks.

WHO SHOULD ATTEND  Accounts Clerks, Accounts Assistant, Accountants, Accounts Officers, Sr. Accounts Assistant “AR & AP”, Sr. Accountant MATERIALS  Free handouts & other materials. The real sources of accounting documents will be provided for real practice such as quotation, sale order, PO, GRN, GDN, tax invoices, receipts, voucher and others. Practical book of account such as General Journal, GL, TB, Income Statement, and Statement of Financial Position will also be provided.  Laptop will be provided for practices during the training.  Tea breaks will be offered. Certificate is provided.

FEES & SCHEDULE    

Fee: US$ 220 per person 10% off for early registration before November 20, 2012 and 15% off for group of 3 person registration.

TRAINERS’ PROFILE General Manager of Audit Firm with more than 10 years experiences in accounting, finance and audit.  Accounting Manager and Financial Analyst with more than 8 years of financial experiences.  Senior Tax Consultant of Audit Firm with almost 10 years experiences in accounting, audit and taxation. 

COURSE OUTLINES (64 Hours)

Module-1: Regulatory framework and bases of accounting  Regulatory accounting frameworks Module-2: Use of double entry and accounting books  Sources, records and book of prime entry  Ledger accounts and double entries  Practice the recording process Module-3: Adjustments, trial balance, & basic financial statements  Deferred VS Accrual  Tax adjustment  Trial balance and adjustments  Statement of financial position, Income statement  Statement of changes in equity  Practice adjustment and reporting Module-4: Accounting for merchandising operation and inventories  Periodic VS perpetual system  Inventory costing  Financial statements and its analysis  Practice merchandising and inventory activities Module-5: Basic Taxation  Tax on salaries, Value added tax (VAT)  Withholding tax on services and Prepayment on profit tax Module-6: Chart of Account  Understanding why chart of account is the first task in creating accounting system.  Practice creating chart of account Module-7: Practices  Prepare, review and discus a valid source of accounting documents, valid tax invoice.  Prepare, review and discuss accounting vouchers  Practice recording the accounting transactions  Preparing bank reconciliation Module-8: Accounting for PPEs “Property Plant &Equipment”  Cost determination, Depreciation, Revaluation  Treatment for Expenditure during useful life of Asset  Disposals of plant asset Module-9: Accounting for receivables and payables  Accounting for receivables, Valuing account receivable  Provision for bad debt, Disposing account receivable  Receivable aging  Trade payable Module-10: Introduction to control activities & documentations  Control over receipt & payment;  Control over cash on hand and cash in bank; and  Control over fixed assets.

REGISTRATION: C: (855) 92 221 001, (855) 78 777 551, T: (855) 23 210 918, E: info@asiaceo-entrepreneur.com, Phnom Penh Centre, Building A, 3rd floor, Room 324, Corner of Sihanouk & Sothearos Blvd, Phnom Penh, Cambodia.