Skill of Factory Accounting for Accountants plus QUICKBOOKS Application

Training on
Skill of Factory Accounting for Accountants plus QUICKBOOKS Application 
ជំនាញ គណនេយ្យរោងចក្រ សម្រាប់គណនេយ្យករ ប្រើជាមួយ QuickBooks
 Course starts: 25 January 2015, Duration: 42 hours (8 Weeks), Sunday: 2.00pm to 6.00pm

We (“CoPa”) understand some of the difficulties of Small and Medium size Enterprises (SMEs) in accounting system, and internal compliance guidelines. The Center of Practicing Accountancy provides intensive skill development and professional courses in Cambodia in the fields of accounting practices for students and employees.

Why choose to study Accounting Practices with CoPa? 

The CoPa is a center of students and employees, which places a strong focus on accounting practices to provide professional qualifications in accounting skills. With the CoPa, you can build skills of successful accountants in any sector.

Course Outlines:

Option 1: Nature, principles and regulatory framework

• Introduction to company accounting
• Accounting system and regulation
• Role of accountants and timeliness 
• Factory accounts listing

Option 2: Bookkeeping entries

• Using vouchers, book of prime entry, source documents (tax invoice, commercial invoice, official receipt, Credit Note and Debit Note etc)
• Custom clearance, custom taxes, handling changes, documents from shipping and other charges
• Purchase invoice from supplier, packing list, bill of landing, item request sheet, air way bill
• Day book analysis and the journal entries
• Petty cash register and consolidation of cash book balance
• Accruals and prepayments methods
• Revising and adjustment of accounts
• Basis financial statements report

Option 3: Accounting for inventories

• Cost of goods sold and spare part inventories
• Cost classification, costs center and cost analysis techniques
• Accounting for opening and closing inventories
• Physical inventory procedure
• Slow moving inventories and valuation 
• IAS 2 Inventories and standard costs

Option 4: Accounting for trade receivables and payables

• Payables recognition
• Receivables recognition
• Valuing receivables
• Allowances for receivables
• Provision for bad debt
• Disposing receivables
• Working with Excel sheet

Option 5: Accounting for taxation

• Overview of Cambodia taxation
• Prepayment profit tax (PPT)
• Tax on Salary (SoT)
• Value added tax (VAT)
• Withholding tax (WHT) 

Option 6: Posting and practicing with QuickBooks

• An Overview of QuickBooks accounting
• Accounts listing and accounts reference
• Designing & printing vouchers form from QuickBooks 
• Journalizing transaction from Excel to QuickBooks
• Managing spare part and stock
• Revising and adjusting of accounts
• Financial reporting and designing

Option 7: Accounting for tangible non-current assets

• Factory non-current and current assets
• IAS 16 Property, Plant and Equipment (PPE)
• Cost determination
• Depreciation accounting
• Revaluation of non-current assets
• Disposals of plant assets
• Working with Excel sheet

Option 8: Preparing the financial statements

• Basis the production cost reports
• The financial statements report adapt to CIFRS for SMEs

Who is the trainer?

Mr. Kit Chanthorng as accounting manager, auditor and senior tax & accountant career. He has graduated an MBA in field of Financial Management and pursuing ACCA qualification. He has gained over 8 years of technical experience in auditing, accounting, taxation, consulting and specific training on accounting practices for SMEs. Presently, he is a Lecturer of CAT program at Institute of Finance and Accounting (IFA). Previously, he also was a Lecturer of Auditing Principles and Practice at Cambodia International Corporation Institute (CI-CI) to MBA students. In the past, he worked at Tokyo Consulting Firm Co., Ltd as Senior Accounting & Tax Advisers and Accounting Manager at Construction and Real Estate, Hospitality (Hotel) and Factory. Presently, he has registered as a student member of KICPAA.

Methodology

• You + Academic papers + Practicing papers + Technical experiences (trainers) + Air of sharing
• Case studies, discussion and Q and A
• Practicing sample of Factory business

Who should attend?

• Accounting/finance managers
• Senior/Supervisor accountants
• Chief of Accountants
• Cost Accountants
• Accountants
• Accounts Assistant (A/R & A/P)
• Students (3rd & 4th and fresh graduation)

Training Fee

• Trainee US$120 per person
• Special Offer: 25% discount (US$90)
• Deadline: 23 January 2015, time: 5.00 pm

Materials

• Free handouts and other materials
• Practicing the real accounting works with Excel and QuickBooks and real sources of accounting documents will be provided by CoPa
• Coffee and tea breaks will be offered
• LCD projector supporting
• Certificate attention

Training Venue
Head office #61B, St. 202, Sangkat Toek Lork III, Khan Tuol Kork, Phnom Penh.

Center of Practicing Accountancy (CoPa)
#61B, St. 202, Sangkat Toek Lork III, Khan Tuol Kork, Phnom Penh.
H/P: 077 92 42 80 / 070 82 42 80
Email: info@copa-training.com
Website: www.copa-training.com