Optimum Accounting

Optimum Accounting

About This Course

A unique workshop to transform your accountant from a data entry operator into a valuable knowledge resource for your enterprise
Do you find that your accountant is:
Overworked and Stressed
Putting in long hours of work
Giving you reports as and when you ask
But even then
Customer receivables are still delayed
Invoicing is frequently late
Accounts are rarely up to date and on time
The Reports are never exactly what you want
Your accountant is always hard at work but there is something missing & you never get all that you need.
This Course offers you the solution you need.

Career Advancement Areas

This workshop is specifically for Accountants in Small and Medium Enterprises. It has been structured with a practical orientation towards problems specific to these businesses.
The aim is to change the mind-set of the accountant to think beyond data entry and look at the holistic picture of the company as a whole, to work efficiently and effectively understanding the needs of the company and its management.
This highly interactive workshop will be full of practical real life examples.

What You Will Learn

  • Online Accounts
  • How to achieve online data entry - Account on time every time.
  • Structure your accounting system to reflect your work flow
  • Understand the logic behind entries before accounting them – move beyond just being a data entry operator. The importance of clear narrations and proper supporting.
  • Why supporting documents are needed even if approvals are there.
  • Regular Accounts Closing and Reporting
  • Timely month end and periodic reports.
  • Balance Sheet, Profit and Loss, Cash Flow
  • Debtors and Creditors ageing
  • Cash Flow Forecasts
  • Regular month end closing of accounts – no adjustment and back dated entries.
  • Understand the needs of the users of reports (company owners, managers, sales staff, stores people, other co-workers)
  • Reporting skills – qualities of good information.
  • Importance of communicating well.
  • Analysis Skills
  • Move from being a Data Entry person to an Analyst. Minimize or rather optimize time spent in Data entry (by efficient work methods). Ensure spare time available to analyse data and provide value added reports.
  • Standards, Legal and Audit Requirements
  • Understand points to take care of from audit perspective.
  • Looking Ahead
  • Plan for the future – Budgets, Business Plans.
  • Creative spark - Think outside the box, find new and better ways of doing things.

Instructions

Prerequisites
None
Duration
14 hours
Who Should Register?
  • Accountants
  • Data Entry Operators
  • Cashiers
  • Invoicing Staff
  • Small Business Owners / Managers who operate or supervise the accounts department themselves

Overview

Navigate Consulting
Course Type:
Certified Training Course
Study Mode:
Classroom (Weekend)
Location:
Radission Blu Hotel Dubai Deira Creek
Fees:
1,992 AED
Certification:
Certificate attested by KHDA
Date:
29/04/17


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