Supervision of warehouses and procurement
$2,300.00
Objectives
- The participants were introduced to the latest developments and accounting tools in the warehouses since the planning phase and the preparation of the estimated planning budgets through the stage of acquisition of material resources
- Preparation of financial statements and cost lists, and inventory control.
- Developing practical capacities and skills to deal with a number of practical problems associated with accounting in warehouses in accordance with IAS 2 Inventories.
- Activation of the control tool and preparation of documentary courses according to the latest stock flow related tools
- Achieving coherence and integration between different stages of inventory accounting
Who Should Attend?
- Logistic Managers
- Staff Logistics
- Freight and unloading sector
- Experts in the supply chain and logistics
Seminar Outline
- I am purchasing according to the latest international developments
- Purchase mechanisms and application problems
- Accounting procedures for purchases of assets
- Accounting procedures for procurement of supplies
- The most important practical problems faced by purchasing managers
DAY 1
- Controls on operational activities in procurement.
- Supervisory controls on operational activities in warehouses.
- Supervisory controls on the operational activities in the procurement and stores under
- Electronic Operation
DAY 2
- International Accounting No. (2) Inventory.
- The difference between stores and inventory.
- Integrated Warehouse Accounting Framework.
- Documentary course of inventory.
- Accounting for inventory using periodic inventory and continuous inventory.
- Major output of warehouse accounting.
- Different accounting methods for pricing stock purchased.
- Problems handling internal manufacturing cases of stock ..
DAY 3
- Preparing the estimated planning budgets for the stores
- Relationship between balance of stores and other budgets
- Determine the economic quantity, maximum and minimum stock.
- Analysis of deviations in inventory balance.
- Prepare inventory control reports.
DAY 4
- Accounting treatment in response cases.
- Accounting treatment in cases of inventory deficit treatment.
- Accounting treatment in cases of processing increase in inventory.
- Various practical situations in the light of previous practical problems.
