OCEANIC Conseil - Formation
FR

Mastering routine accounting entries and their control

Context and rationale

Keeping accounts is on the one hand a "thermometer" for entrepreneurs, showing them the financial situation of their business, and on the other hand it serves another purpose, which is to inform third parties (suppliers, bankers, clients, the tax authorities, etc.).

The daily events of a company's life are translated into accounting: purchases, overheads, sales, fixed assets, cash, salaries, social charges, VAT...

This course will enable you to master the treatment and recording of the company's routine transactions, and finally their control.

Training objectives

  • Understanding accounting organisation.
  • Recording and validating routine accounting transactions (purchases, sales, cash, investment, fixed assets, VAT, miscellaneous transactions).
  • Treating and recording VAT in routine transactions.
  • Organising the control system.
  • Reconciling accounts.

Training content

Module 1: accounting organisation in the company
  • The concept of an accounting system.
  • Different accounting organisation systems.
  • Accounting processes.
  • Organisation of the OHADA accounting system.
  • Accounting procedures.
Module 2: understanding the OHADA accounting system: regulatory framework
  • Presentation and objective of the OHADA accounting system.
  • The chart of accounts of the OHADA accounting system.
  • The summary financial statements of the OHADA accounting system.
  • Fundamental accounting principles: accounting assumptions and conventions.
Module 3: treating and recording routine transactions
  • Treating and recording purchases and sales of goods and services:
  • Handling commercial documents (quotes, purchase orders, delivery notes, invoices...).
  • Recording the documents.
  • Expenses and debts: purchases and external expenses.
  • Price reductions.
  • Credit notes, advances and deposits.
  • Treating and recording value added tax:
  • How VAT works.
  • The areas where VAT applies and its exemptions.
  • Calculating and declaring VAT.
  • Recording VAT.
  • Penalties.
  • Treating and recording stock transactions:
  • The concept of stock and its types.
  • Stock inventories.
  • Recording stock transactions and inventories.
  • Treating and recording cash transactions:
  • Design and terminology.
  • Payment methods other than bills of exchange (cash, cheque...).
  • Payment by bill of exchange.
  • Electronic money instruments.
  • Treating and recording investment and divestment transactions:
  • Design and terminology.
  • Recording the entry of fixed assets.
  • Recording fixed assets brought into service.
  • Derecognising fixed assets.
  • Payroll processing (staff costs):
  • Calculating salaries.
  • Presenting the payslip.
  • Recording payroll.
Module 4: accounting control, control of customer accounts and bank reconciliations
  • The concept of an accounting system.
  • Different accounting organisation systems.
  • Accounting processes.
  • Organisation of the OHADA accounting system.
  • Accounting procedures.
Module 5: working through practical cases (case studies)

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