2018 / …. / …. – 2018 / …. / ….
On going
Purpose
The purpose of the training is to provide practical knowledge to learn about three kinds of company reports.
Who can apply?
- Provide accounting graduate students with practical skills to work
- People who have a career accountant but have not worked for some time
- Business owners who want to prepare their own financial statement
- Everyone who is interested in accounting.
Expected results
The training will provide you with the ability to report all kinds of organizations and the textbooks will be provided. Graduate students will get a certificate and furthermore, 100% practical based training of 6 months and 1 year certified course can be further enhanced.
Who will conduct the training?
The training will be led by experienced and professional teachers from the Institute of Management Accountants of Mongolia.
Syllabus
1st week
Treasurer
Who is treasurer?
What does treasurer do?
Co-operation of treasurer and accountant
Treasurer role in financial report
Exercise policy
The basics of Accounting
Understanding accounting
Purpose of accounting
What is account?
Account types
Double entry
Exercises
Account code
Adjusting entry
Account code
Recording transactions in the general journal
Construct general journal
Prepare transaction balance
Deferred income
Deferred expense
Retained earnings
Retained loss
Exercises
Cash budget report
Fixed asset report
Cash budget preparation
Cash receipt
Cash disbursement
Cash report statement
Fixed asset report
Depreciation methods of fixed asset
Fixed asset statementл
Exercises
Primary accounting documentation
Wage report
Wage records
Social insurance premium calculations
Personal income tax estimation
Advance salary form
Salary table
Exercises
Payroll details
2nd week
Inventory report
Inventory report
Cost of sold products
Inventory disbursement
Inventory receipt
Inventory detailed report
Exercise
Primary documents
Treasure reports
Financial statement
Financial statement
Income statement
Statement of changes in equity
Cash flow statement
Exercise
Tax statement
Statement of social insurance /form/
Statement of personal income tax /form/
Statement of Organization income tax /form/
Share capital balance sheet
Exercise
VAT statement
Understanding VAT
VAT into accounts payable and receivables
VAT purchase invoice
VAT sale invoice
VAT statement /form/
Exercise
VAT from
Receivables report
Equity report
Understanding receivable
Receivable types
Equity, dividend, stock
Exercise
Wage statements
3rd week
Using EXCEL as financial software
Posting of transaction in journal
Post to journal
Balance sheet
Financial statement.
Income statement.
Equity statement.
Cash flow statement.
Exercise
Using BIZCON 5.0 as financial software
Understanding Bizcon 5.0
Create data base
Opening balance
Posting of transaction in journal
Other statements and reports
Financial statement
Income statement
Equity statement
Cash flow statement
Statement of Organization Income Tax
Statement of social insurance
Statement of personal income tax
Statement of value added tax
Exercise
Graduates
Learn more about training
Duration
15 working days.
- Morning
- Daytime
- Evening
Location:
- Naiman Sharga Center, Bizcon Audit 4th floor, Room 402. Telephone: 95959107, 312273
- Mongolian 3rd school, 86а Block. Telephone: 96969607, 7011910
- VIP Branch: National Academy of Governance, Bizcon Building, 2nd floor Telephone: 91919107
Tuition includes
Workbooks, Certificate, Financial software with lifetime.
Organization
IIA Mongolia NGO
Khaan Bank: 5020183197
Business registry: 8043019
Telephone