How To Write Accounting Policies and Procedures

Training on

How To Write Accounting Policies and Procedures

តើធ្វើដូចម្តេចដើម្បីសរសេរនីតិវិធីនិងគោលការណ៍គណនេយ្យ
13-15 July 2015 (3 days)

Accounting policies and procedures (SMEs) are essential in operation for each organization. An accounting policies are different from the type company accounting principles, which the principles are in regulation. An accounting policies and procedures has wrote adapt in company operational practices and regulatory control. All businesses must have accounting policies and procedures to indicate the importance of accounting guidelines that regulate organizational action to achieve with business goals and objectives. The participants are really wanted to grow practice and attract a better type of how to write accounting policies as the traditional accounting bodies.

Course Outlines
Option 1: Nature, principles and regulatory framework

• Introduction to company accounting
• Accounts classification and accounts analysis  
• Rules of accountants and timelines

Option 2: Accounting Process

• Cash basis and Accrual basis method
• Cash receipt & payments procedures
• Rules of the petty cash and expenses reimbursement
• Rules of the purchasing system
• Revenues and expenses recognition procedures
• Case study

Option 3: Trade receivables and payables

• Payables recognition
• Receivables recognition
• Valuing receivables
• Allowances for receivables and Provision for bad debt
• Disposing receivables 
• Case study

Option 4: Inventory (IAS2) 

• Inventory measurement methods
• Inventory costing methods
• Cost classification, costs center and cost analysis techniques
• Physical inventory procedure
• Case study

Option 5: Property, Plant, and Equipment (IAS16)

• Recognition and measurement of PPE methods
• Cost determination
• Depreciation accounting
• Disposals of plant assets
• Case study

Option 6: Income Taxes (IAS12) 

• Accounting profit methods
• Deferred tax liabilities
• Deferred tax assets
• Tax expenses and tax income
• Case study

Option 7: Designing the financial statements template

Who is the trainer?

Mr. Kit Chanthorng is presently the Executive Director/Technical Trainer of SOTA Training Center Co., Ltd. According to personal experience, he has connected with auditor, advisor, accounting manager and accountant from various enterprises. Moreover, he also was a part time job in teaching of CAT program to BBA students at Institute of Finance and Accounting (IFA) and Auditing Principles and Practices at Cambodia International Corporation Institute (CI-CI) to MBA students. Mr. Chanthorng has gained over 9 years of technical experience in auditing, accounting, taxation, consulting and specific training on accounting practices. Mr. Chanthorng has earned a Master degree in Financial Management, Bachelor degree in Accounting, and pursuing ACCA qualifications. On the other hand, he has been certificated by PSE as tutor techniques. Especially, he is a student member of KICPAA.

Methodology

• You + SOTA  +  Art of sharing
• Test your understanding, question and answer
• Observe and class demonstrate
• 70% Practicum and 30% lesson

Who should attend?

• Accounting/Finance Managers
• General Managers
• Business Owners 
• Senior/Supervisor accountants
• Chief of Accountants
• Cost Accountants
• General Accountants
• Accounts Assistant (A/R & A/P)

Fee & Advantage

• Fee: US$210 per person
• 20% discount for this course
• Business network
• Advice supporting 

Materials

• Free handouts and other materials
• Practicing the real works & documents
• Coffee and tea breaks will be offered
• LCD projector and Practicing Certificate

Training Venue: SOTA Training Room

SOTA Training Center Co. Ltd.  

#35, St.408, Toul Tompong II, Chamkarmorn (Nearly Chinese Embassy, St.167)
Tel: +855 (0) 77 92 42 80 / (0) 70 82 42 80
Email: info@sotatraining.com / sotatrainings@gmail.com
Facebook page: www.facebook.com/sotacenter
Website: www.sotatraining.com