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Advanced Project Accounting Training

Gain a strong knowledge of Advanced Project Accounting Training. Get started Now! 
 
Master the art of managing your clients' books in Advanced Project Accounting and
customizing it so you're equipped to fulfil the needs of any client. Getting certified
in Advanced Project Accounting is the best way to enhance your professional profile,
showcase your expertise and attract new clients.

About Program

Highest Quality and the Most Productive, High Energy Learning Experience.

Curriculum

Comprehensive Course Curriculum. Customizable to full-fill your trainer needs.

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About Program

myTectra the Market Leader in Advanced Project Accounting Training in Bangalore

myTectra offers Advanced Project Accounting Training in Bangalore using the Class Room. myTectra offers Live Online Advanced Project Accounting Training Globally.

Success Factors:

  • High-Quality Training
  • Top Technical Trainers
  • Comprehensive Course Curriculum
  • 100% Placement Assistance
  • Superb Satisfaction Score
  • Internship on Real-Time Project 
  • 3I- Individual Focus, Innovative & Interactive

Curriculum

INTRODUCTION

Advanced Project Accounting involves the in-depth study of the principles and objectives of the techniques and theories used in managerial accounting. Topics such as capital budgeting, manufacturing accounting, management control systems, performance measurement, and quantitative techniques for planning and control will be discussed. The strategic and behavioral implications and impacts of planning and control will form the context for the study. The course involves significant student participation and experiential learning.

OBJECTIVES:

To enable participants to learn and understand the project accounting concepts and their application.

Expected Accomplishments:

By the end of the course, participants will be able to:

  • Define project, project management and identify various phases of the project
  • Understand the role and services provided by project accountant
  • Apply various accounting techniques for project appraisal
  • Prepare project budget and costing worksheets
  • Understand concepts of cost analysis, cash flow management, and maintenance of financial records for projects
  • Close the project with appropriate accounting entries

OUTLINE:

1. Introduction to project and project management
2. The project life cycle
3. Project Parameters
4. Role of accounting in project management
5. Typical project accounting services and required skills
6. Financial Criteria for project selection; financial analysis using Accounting rate of return, Payback period, Internal Rate of Return and Net Present Value methods
7. Sources of cash flow for a project
8. Planning of project; preparing work break down structures
9. Planning cost dimension; identification of direct and indirect project costs
10. Budgeting problems of project
11. Key tasks of project accountant during the implementation phase; cost analysis and feedback, cash flow management, financial records, major accounting entries, and financial reporting
12. Accounting issues on project completion; disposing of equipment, material, etc and closure of project books

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