Stock Quantification, Valuation and Documentation

  • Start Date

    14 Feb, 2023

  • End Date

    17 Feb, 2023

  • Price

    ₦200,000

  • WiFi

    Free wifi

Event Details

Stock is a very important asset to any organization. This workshop teaches how to quantify value and document stocks of the organization.

 

CONTENT

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.

 

DATE:

1ST BATCH:                      14th - 17th Feb, 2023                                       

2ND BATCH:                      8th - 11th Aug, 2023

Other Dates

Start Date End Date
08 Aug, 2023 11 Aug, 2023
Start Date End Date
14 Feb, 2023 17 Feb, 2023
  • Venue

    Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor), Yaba Lagos.

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