Description
The course gives a detailed overview on the accounting for branches including foreign branches. This training on give you an in depth overview of how entities are supposed to account for the branches or the extension of business across geographical location.
All the concepts are explained extensively by the use of various case studies for the purpose of deep and insightful understanding. The training includes the following;
Meaning of Branches and Foreign branches
Types of branches
Accounting for branches
Accounting for foreign branches
Target Customers:
- Students
- Professionals (majorly Accountants, Auditors, Accounting Consultants, and Chartered Financial Analysts etc.) who want to excel in global organizations by learning about global standards that ply in their working.
- Anyone who wants to learn about International Financial Reporting Standards and improve the knowledge about the working of organizations on a global level.
Pre-Requisites:
Passion to learn
Interest in finance and accounting
Basic knowledge of accounting terms and concepts
Course Curriculum
Available in
days
days
after you enroll
Available in
days
days
after you enroll
Available in
days
days
after you enroll
- Branch Accounts (5:33)
- Understand Method Charging Goods to Branch (5:05)
- Debtors Method (10:11)
- Debtors Method Continues (5:16)
- Branch Debtors (3:29)
- Stock Method (10:46)
- Branch Trading Profit and Loss Account (9:55)
- Final Account Method (11:28)
- Prepare Trading and Pnl Account (2:16)
- Goods Invoiced at Selling Price (8:48)
- Account for Physical Losses (8:20)
- Example on Dependent Branch (11:05)
- Working on Example 3 (8:30)
- Working on Example 4 (10:03)
- Working on Example 4 Continues (7:34)
- Working on Example 5 (5:42)
- Goods Invoiced at Wholesale Price (6:53)
- Branch Accounting (7:08)
- Debtor Method (6:17)
Available in
days
days
after you enroll
- Independent Branch (7:03)
- Independent Branch Continues (9:48)
- Understand Reconciliation (7:32)
- Working on Reconciliation Example (9:20)
- Reconciliation Example Continues (3:25)
- Incorporation of Branch Bal in HO (4:26)
- Consolidated Financial Statements (8:49)
- Transfer All Revenue Accounts (11:45)
- Incomplete Information (9:31)
- Incomplete Information Continue (8:08)
Available in
days
days
after you enroll
Available in
days
days
after you enroll