| Venue: The training workshop will be held at SDPI or in a local hotel in Islamabad. |
Introduction
Now a days, computers through softwares, serve as accountants but project based accounting is a special type of accounting through which we find out the profit or loss of a specific project and also which project requires the allocation of expenses and income. Understanding of Cost Centres is prerequisite for this task. NGOs having a portfolio of various projects need to be very specific about this accounting and their cost centres.
Program benefits
On completing this training, participants will have a grasp on the following useful concepts / practices:
- Fundamental concepts of financial and cost accounting
- How to analyze normal accounting features like books of accounts, financial statements and other ancillary reports
- Project based accounting and preparation of reports
- Cost centres, their relevance with taxation matters and budgetary tools
Who should attend the workshop?
This workshop is designed for middle and upper middle level management of NGOs and other organizations involved in project accounting, project coordination, monitoring and evaluation of projects in public and private sectors. This workshop would also be helpful for those who are dealing in taxation, budgets, accounts and financial matters.
Objectives
By the end of the workshop, participants will be able to understand the followings:
- Basic accounting concepts
- Financial statements and other relevant reports
- Budgeting techniques
- How other laws affect accounting in NGOs
- Project based accounting
- Cost centres in organizations
Methodology
The workshop will move from general to specifics of financial and cost accounting concepts, principles and methods of analyzing financial statements and preparing reports. Special emphasis will be given to project based accounting and cost centres. It will be an interactive and participatory workshop with individual and group exercises.
Medium
of instructions
English will be the medium of instruction for this workshop. However, an effort will be made to conduct the workshop using a mixture of English and Urdu.
Contents
Module A: Introduction to accounting
- Importance of accounting in today’s world
- Basic accounting concepts
- Double entry bookkeeping
- Cash basis Vs accrual based accounting
- Components of financial statements
- Revenue expenditure Vs capital expenditure
Module B: Understanding financial statements
- Accounts and allied reports
- Methods to analyze accounts and reports
Module C: Project based accounting
- Need for project accounting
- Type of project reporting
Module D: Cost centres
- What are cost centers
- Need for cost centers
- Cost centres in project accounting
Module E: Budgetary control
- Definition of budget
- Types of budgets
- Budget preparation
- Zero based budgeting
Resource
person
Faisal Latif is an Associate Chartered Accountant. He is a member of Institute of Financial Consultants of Canada and a member of Continuing Professional Development Committee of the Institute of Chartered Accountants of Pakistan (ICAP). Formerly, he was a member of the Technical Advisory Committee of ICAP. He has diverse experience of financial affairs of multi-sectoral organizations ranging from corporate sector to public and development sectors in Pakistan. He has been engaged in accounting, auditing and in various consultancy assignments for NGOs, private and public limited companies and societies.
Muhammad Wasim is a Fellow of Financial Consultants (Canada) and an MBA in Finance and Human Resource. He has over 12 years experience in finance accounting and Human Resource. He is a financial expert and is well versed in the preparation of budgets, monitoring of budget lines, sub-granting, liaison with international donor agencies, coordination among host country and international consultants responsible for control on monitory transactions. Currently, he is working with SDPI as a Senior Finance Manager.
Deadline for registration
Completed Registration forms should reach the Program Support Officer via fax or mail latest by 12 January 2007. The institute will confirm registration upon receipt of fee by a fax/email. Please use a separate registration form for each nominee. Please note that seats are limited and applicants will be registered on a first come, first served basis. Registration will close if all the seats are taken up before the last date.
Registration fee
Rs
10,000
per participant.
Discount
- 25% discount is available to the following:
- SDPI members
- HRDN members on each nomination
- Students registering through their institutions
- Other organizations registering two or more persons
- PEP partners are eligible for 50% discount on each nomination
Withdrawal requests will be processed
as under:
| 10
or more days before workshop |
Full
refund |
| Nine
to four days before workshop |
75 percent
refund |
| Three
days before workshop |
50 percent
refund |
| Two
or less days before workshop |
No refund |
Cancellation/postponement
SDPI reserves the right to cancel or postpone
the workshop if circumstances require. In such an event, SDPI will ensure
that registered participants are informed as soon as possible. SDPI will
also refund registration fees according to our refund procedures.
Award
of certificates
- Trainees successfully completing 85 percent of the instructional sessions will be awarded completion certificates.
- Trainees who for genuine reasons are unable of complete 85 percent attendance but attend 60 to 84 percent instructional sessions will be given partial attendance certificates.
- Trainees attending less than 60 percent of instructional sessions will be given letters specifying the sessions that they attended.
Time
9:00 a.m. to 5:00 p.m. (daily)
Further information
For further details, please contact Program Support Officer at tel. 92-51-2278134 or fax: 92-51-2278135.
Registration form
 View Registration Form
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