OBJECTIVE

The workshop, which will be a practical one, will teach the participants the preparation, analysis and interpretation of accounts from the rudimentary stages. The workshop will also dwell on basic accounting concepts and principles and their application in the preparation of accounts. It will also be quite refreshing for qualified and professional Accountants.
CONTENT

• History and development of accounting discipline
• The role and operations of accounting in management
• The relationship amongst the financial accountant, management accountant, tax managers, budget manager, treasury managers and internal auditors
• Accounting concepts. Basic records, invoices, receipts, correspondences.
• Principles and practice of double entry bookkeeping, books of accounts, ledgers, control accounts ad supporting records, trial balance, etc.
• Accounting treatment of fixed assets and current assets, depreciation and methods of making provision;  and doubtful debts and how they are created ;mechanics of accruals and prepayments
• Preparing accountings from incomplete records.
• Preparing Manufacturing, Trading and Profit and Loss Accounts and Balance sheet from underlying records
• Preparation of Income and Expenditure Accounts and Statement of Affairs in the Public Sector.
• Tax issues in preparation of final accounts
• Accounting policies
• Accounting standards: International and Nigeria Accounting Standards
• Companies and Allied Matters ACT, 1990
• 1999 constitution of the Federal Republic of Nigeria
• Guidelines of regulators i.e. CBN, SEC, NDIC, NAICOM, ETC
• Public sector peculiarities; Meaning of government accounting
• Legal basis of government accounting
• Comparison between public sector and private accounting
• Funds accounting Accountant General’s financial statements
• Financial statements of Parastatals, Institutions, agencies, etc
• Account for publication: Format disclosure requirements
• Interpretation of accounts Use of accounting ratios

THE WORKSHOP IS DESIGNED FOR:     
Managers who perform accounting duties but have not have acquired formal accounting training. Managers who although do not perform accounting duties need to understand and analyses financial statements in order to perform their duties efficiently.

FACULTY: 

The Faculty Team Members are experts from the institute and the world of industry and commerce.

WORKSHOP METHOD:
Formal lectures, Group discussions and Case study.

WORKSHOP VENUE:           
Nisrel Training and Conference Center,
Elephant Cement House,
(5th floor, B Wing) Alausa, Ikeja- Lagos.

DATE: April 2-4, June 4-6 & Sept 3-5
                       
FEES: The workshop fee is N79,500.00 (Seventy Nine Thousand Five Hundred Naira) only, per participant to cover workshop literature and materials, Executive Bag, Tea/Coffee, Lunch, Photographs, Certificates. Payment may be in cash or Bank draft. Payment may be made before the workshop date or at the venue of the workshop.

DISCOUNTS:
3-5 Participants   5%
Above 5-participants    10%

MODE OF PAYMENTS:
Payments in cash or bank draft should be made to the “Ikeja District Society of ICAN “ and sent to: 
   
The Chairman,
Ikeja District Society,
The Institute of Chartered Accountants of Nigeria,
4, Araromi Street Aniforwose,
P.O BOX 13392, Ikeja.
Tel: 01-8143025 ,0803-506-2583,07098129191
For In-house training arrangements, please call Francis on 08035062583; 08082263439