Finance and Accounting for Young Professionals, 7 October - 12 December 2017, Шейново 7
Registration
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The event

Capital in partnership with MDV Professional Education launches a School in Finance and Accounting for young professionals. The programme is highly practical and is based on the best practices and standards of the professional qualifications AAT and ACCA.

The training is highly recommended for young professionals - both students, recently graduated or already in the beginning of their career in the filed of accounting or finance. The educational programme will boost the effectiveness of the finance teams and will enhance the performance of companies with big financial departments and shared service centres. The course is also a good basis for preparation for the AAT and ACCA Foundation Level exams.

The course starts in October 2017 and ends in December 2017. The lectures will be held mostly over the weekend for convenience of those who are already working.

The Programme
The study modules are blended and will be held both online in an Interactive online classroom (OCR) as well as in a face to face classroom (F2FCR). All lectures will be in English.
The modules are split into three levels of complexity as follows:

Level 1 Introduction level – 1 month to complete
Introductory and Revision (F2FCR) Starts: early Oct 2017
Duration: 6 days lectures

Level 2 Apprenticeship level – 1 month to complete
Introductory - 60% (OCR) Starts: mid/end Oct 2017
Revision - 40% (F2FCR) Starts: mid Oct 2017
Duration: 6 days lectures

Level 3 Professional gateway - 1 month to complete
Full scope lectures – 40% (OCR) Starts: Nov 2017
Full scope lectures – 40% (F2FCR) Starts: Dec 2017
Business case – 20% (Feedback session online or F2F) Starts: Dec 2017
Duration: 4 days lectures

Optional modules for knowledge
4 topics, 1 day each , Starts: Dec 2017

 
Prices and Discounts
Single registration – 700 BGN per level per person for edition October 2017
Single registration for 3 levels – 2,000 BGN per person
Single registration for 3 levels with all optional modules  – 2,700 BGN per person
Group registration (above 3 participants) - 20% of standard registration
All prices are VAT excl.

Full and part scholarships available. Learn more: http://www.karieri.bg/2988879
Contact us to apply: +359 887 492 126; FA_School@mdvtraining.bg

Program



LEVEL 1: FOUNDATION 
This introductory level covers a range of basic accounting practices and techniques from costing and double-entry bookkeeping to entry level financial accounting terms and concepts. The learning contents is presented mainly in the form of practical questions and solutions, templates, proformas and easy to follow steps and guidance – all suited to be applied on the job immediately. It's ideal if you're new to finance or you're looking to brush up on your foundation knowledge and skills.

Bookkeeping Transactions - 2 days
Double entry, debits and credits / General ledger accounts / Recording transactions / Bank reconciliation / Control accounts / Errors and the trial balance / The banking system

Cost Accounting - 2 days
Basic Costing / Types of costs (materials, wages, overheads) / Classification of costs: Cost centres / Cost behavior: Fixed costs and variable costs / Inventory classification and valuation / Comparison costs and income

Financial Accounting - 2 days
The role of financial function / Organizational framework / Types of reports / Presenting information / IFRS Framework / Accounting principles / Accounting concepts / Application 



LEVEL 2:  APPRENTICESHIP 
This medium level covers all necessary knowledge to enable the students to enter and maintain senior accountant position in a corporate or shared service centre environment. The level provides the complete set of technical skills to allow the successful execution of the day-to day routines and accounting transactions. The learning contents is presented mainly in the form of practical questions and solutions, templates, proformas and easy to follow steps and guidance – all suited to be applied on the job immediately. It's suitable for you if you have general finance and accounting knowledge e or you're looking to complete your knowledge and skills in a structured way.

Bookkeeping Transactions - 2 days
Business Documentation / Discounts and VAT / The books of prime entry / Recording credit sales/purchases / Recording Sales and trade receivables / Recording purchases and trade payables / Initial trial balance

Financial Accounting - 2 days
Accounting principles, double entry / Types of financial statements / Principles of financial reporting (Framework) / Purchase of non-current assets, depreciation, disposal / Accruals and prepayments / Inventory / Irrecoverable debt / Bank reconciliations / Control accounts reconciliations / Trial balance, errors

Cost Accounting - 2 days
Cost accounting / Material costs and inventory valuation / Labour costs and expenses / Overheads / Absorption costing / Job batch, service, process costing / Variance analysis / Short-term/Long term decision making


LEVEL 3 : PROFESSIONAL GATEWAY 
Introduces more complex accounting tasks like drafting financial statements managing cash flows. Develops understanding and technical skills for completing basic consolidation tasks and maintaining budgets. This final level also covers evaluation of financial performance of the company; touching on basic tax issues as well as covering important concepts such as ethics and legalities. The learning contents follows the previous levels as format and intensity. Practical workouts and business cases are included in each module to consolidate the knowledge and skills acquired. It is recommended to complete at least the online prep work for Level 1 and Level 2 in order to proceed to Level 3. It is addressed at financial professionals on senior accounting positions or Leaders of specific accounting business lines who would like to complete and extend their knowledge.

Preparation of Financial Statements - 2 days
Prepare the statement of financial position / Prepare the statement of financial performance / Prepare the statement of cash flows / Property plant and equipment / Intangible assets / Further accounting standards: Accounting for tax, leases, provisions / Revenue recognition / Group accounts: Business combinations and consolidation / Interpreting financial statements

Cost Accounting - 2 days
Decision making / Statistical methods / Standard costing / Variance analysis / Calculation of a break-even point / ABC cost accounting (mainly through a case study) / Cost management



OPTIONAL MODULES 

Budgeting - 1 day
Cost classification / Forecasting techniques / Budget preparation / Cash budgets / Limiting factors / KPI’s / Alternative budgeting methods

Cash management and Credit control - 1 day 
Cash flow and profit / Forecasting income and expenditure / Preparing cash budgets / Monitoring cash flows / Liquidity management / Raising finance / Managing surplus funds / Granting credit to customers / Methods of credit control

Law and Tax (Bulgarian Legislation) - 1 day
The commercial code: emphasis on limited liability company / The civil code - type of contract, legal aspects of contracts,
Registers of companies, where to find information / VAT: Issuing VAT invoices, VAT deductibility for representation,
Income tax - the method of calculation, exemptions / Tax planning and transfer pricing

External and Internal Audit, Professional Ethics - 1 day
External audits of financial statements - audit cycle, auditor's opinion / Internal audit, audit committee, internal audit responsibilities / SOX act and its requirements / Ethics and codes of conduct in business / What are internal controls, tests of controls and walkthrough

Contacts

Contact us for any questions about Economedia's events

  • For More Information and Discounts Enquiry: 

    FA_School@mdvtraining.bg

    +359 887 492 126



    If you have any questions about the course, would like to talk with the lecturers or just see the classroom, welcome to the open days at the office of MDV Professional Education. Book your visit at fa_school@mdvtraining.bg or +359 887 492 126.