Stock Quantification, Valuation and Documentation Online Training

  • Time

    10:00am - 3:00pm

  • End Date

    12 Jul, 2022 - 14 Jul, 2022

  • Price

    ₦175,000

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: 17th – 19th Jan, 2022            

2ND BATCH: 12th – 14th July, 2022

Other Dates

Start Date End Date
05 May, 2021 07 May, 2021
Start Date End Date
25 Oct, 2021 27 Oct, 2021
Start Date End Date
12 Jul, 2022 14 Jul, 2022

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