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Stock is a very important asset to any organization. This workshop teaches how to quantify value and document stocks of the organization.
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 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.
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 participants will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
|What you'll learn||This workshop teaches how to quantify value and document stocks of the organization.|
|Venue||Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor) Opposite Adekunle BRT Bus-stop, Yaba - Lagos.
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|Starts On||18 Dec 2017|
|Ends On||21 Dec 2017|
|Registration Closes||18 Dec 2017|
Pay ₦105000 for this Training