Stock Quantification, Valuation and Documentation
Details
Stock is a very important asset to any organization. This workshop teaches how to quantify value and document stocks of the organization.
Outline
Stock counting Methods
- Periodic stock counting
- Continuous stock counting
- Cycle stock counting
Inventory Valuation Methods
- First in-first out-(FIFO
- Weighted Average
Treatment of Slow, fast and Non-Moving Stock
- Cost of Holding Inventory
- Ordering Costs
- Stock Levels
Stock Documentation
- Stock Reconciliation and Documentation
- Stock frauds
IFRS for Stock
- Costs of Purchase
- Costs of Conversion
- Techniques for Stock Measurement
FOR WHOM:
Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.
TRAINING METHODOLOGY
The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
Speaker/s
Special Offer
Schedules
| Tue, Wed, Thu, Fri | 10:00 AM — 04:00 PM |
| No. of Days: | 4 |
Alpha Partners is a reputable firm of Training and Management Consultants with many years of corporate training experience in Finance, Accounting, Auditing, Banking, Management, Information Technology, Oil and Gas Sector, Security, Engineering, Public Relations, Secretarial Studies, Leadership, Marketing and other fields of human endeavour.
We are one of the leading players in the profession. Our firm, a multi-disciplinary one with highly talented, experienced and dedicated partners and staff who have experiences in different facets of working life was established in 1996 and has branches in Lagos, Enugu and Awka.
We offer a wide range of professional services, which covers audits, accounting, finance, taxation, ICT, security, engineering, insurance, human resources management, secretarial and consultancy services in all ramifications.
Our numerous clients attest to the high quality services we offer which contribute in no small measure in ensuring sound and efficient management of their resources.
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