Automated cash system
$2,300.00
Objectives
- The transition from applying the modified monetary system to the maturity system.
- Train the participants and inform them of the benefits of accrual based accounting
Who Should Attend?
- All employees working in finance departments
- Senior accountants and financial supervisors
- Financial Managers
- Financial observers
Seminar Outline
- Cash basis (concept - advantages - disadvantages).
- Basis of entitlement (concept - advantages - disadvantages).
- Revised monetary basis (concept - advantages - disadvantages
DAY 1
- Immediate application of the entitlement basis (advantages - disadvantages).
- Gradual application of the accrual basis (advantages - disadvantages).
- The proposed method of applying the accrual basis in the UAE.
DAY 2
- Monetary assets.
- Natural assets.
- Intangible assets .
DAY 3
- Historical cost method adjusted to changes in general price levels.
- The method of current cost or current selling prices in the market.
DAY 4
- Joint costs between government units.
- Exchange rates of services between government units.
- Cost theory to be used
