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الأهداف
To enable participants to learn and understand the project accounting concepts and their application.
Expected Accomplishments:
By the end of the course, participants will be able to:
- Define project, project management and identify various phases of project
- Understand the role and services provided by project accountant
- Apply various accounting techniques for project appraisal
- Prepare project budget and costing work sheets
- Understand concepts of cost analysis, cash flow management and maintenance of financial records for projects
- Close the project with appropriate accounting entries
الخطوط العريضة
- Introduction to project and project management
- The project life cycle
- Project Parameters
- Role of accounting in project management
- Typical project accounting services and required skills
- Financial Criteria for project selection; financial analysis using Accounting rate of return, Pay back period, Internal Rate of Return and Net Present Value methods
- Sources of cash flow for a project
- Planning of project; preparing work break down structures
- Planning cost dimension; identification of direct and indirect project costs
- Budgeting problems of project
- Key tasks of project accountant during implementation phase; cost analysis and feed back, cash flow management, financial records, major accounting entries and financial reporting
- Accounting issues on project completion; disposing equipment, material etc and closure of project books
من ينبغى أن يحضر
Accounting staff working on projects and in Accounts Department.
المدة
5 أيام
