Accountant
Nesma Trading Co. Ltd.
Total years of experience :16 years, 9 Months
Preparing asset, liability, and capital account entries by compiling and analyzing account information.
Recording financial transactions by entering account information.
Recommending financial actions by analyzing accounting options.
Substantiates financial transactions by auditing documents.
Maintaining accounting and controlling by recommending policies and procedures.
Guiding accounting clerical staff by coordinating activities and answering questions.
Reconciling financial discrepancies by collecting and analyzing account information.
Securing financial information by completing data base backups.
Maintaining financial security by following internal controls.
Preparing payments by verifying documentation, and requesting disbursements.
Answering accounting procedure questions by researching and interpreting accounting policy and regulations.
Preparing special financial reports by collecting, analyzing, and summarizing account information and trends.
Keeping financial information confidential.
Maintaining professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
Accomplishing the result by performing the duty.
Contributing to team effort by accomplishing related results as needed.
Management accounting and Financial Control 1Role of Management Accountant. 2. Financial Statement Analysis Ratio Analysis, Comparative analysis, common size analysis, trend analysis, funds flow and cash flow statement. 3. Financing of Capital: Concept of capital with reference to – (i) Sources (Equity V/s Borrowed Capital). (ii) Period (Short-term V/s Long Term capital). (iii) Application (fixed and Working capital). Determination of capital requirements (Short term and long term). Concept and Calculation of return on capital employed. Capitalization over and under Capitalization, Designing of Capital Structure, Availability of financial sources, Maximization of return on Capital employed. Capital gearing, Trading on equity, capital expenditure decision, cost of Capital. 4. Installing information system in Business House. 5. Reporting : Presentation of Accounting and Financial data to Management through reports and statement interpretation reports and statements, forecasting. 6. Decision making Research Methodology and Statistical Techniques Research Nature, objects & Utilities. Types of Research, applied research purpose Research design – data Sources, Data Collection. Methods – Statistical Analysis and operation Designs. Review of sampling method. Analysis of Research Data. Preparation of Report. Higher Accounting 1. Concept and Measurement of Profit. 2. Accounting for Price level changes with special reference to inflation. Particle and total revaluations. Problems related to valuation of inventories and deprecation. Accounting under changing prices level. Valuation of Intangible assets. 3. Accounting for Agriculture and Agriculture farms. Hotel Accounting. Accounting for Investment & Stock Market Transaction. Internal & External Reconstructions, formulation of scheme and recording in books of accounts: Problems related to amalgamation and absorption of Companies. Accounts of holding and Subsidiary companies. Preparation of consolidated Balance Sheet and Profit & Loss Accounts. Problems of Demerger. 1. Accounts of Companies in Liquidation. 2. Final Accounts of Banking and Insurance Companies 3. Human Resources Accounting, Social Accounting 4. Indian Accounting Standards (1 to 20) 5. International Accounting Standards Cost Accounting and Cost Conrol. Organisation of the Costing department and its integration with other departments. Process costing , Standard Costing, Marginal Costing and Break Even Analysis. Marginal Costing and Managerial decisions. Differential costing and managerial decisions. Cost Control Accounts. Intergral Accounts. Transfer Pricing – Divisonal performance and transfer pricing. Corporate view point. Transfer pricing determination. Transfer pricing in international business. Design of cost records for material, labour and overhead. Break even analysis for decision – making. Determination of break even point. Construction of different Types of breakeven charts, use of break even analysis for: (i) Safety Margin (ii) Volume needed at attain target prices. (iii) Change of cost. Specific Decisions for : (i) Expanding capacity or not. (ii) Analysis of the effect of alternative prices. (iii)Dropping or adding a product. (iv)Taking decision to make or buy. (v) Choosing production mix. Cost – profit volume analysis. Treatment of research and development costs. Mechanic accounting and EDP. Productive accounting. Cost Reduction Programmes and planning. Operational Research and Quantitative Techniques Operations Planning and Strategy. Use of Statistical Techniques in Operations Research. Transportation & Assignment Problems. Linear Programming: Theory of games of queuing. The methods and technique of planning and Operations research. PERT: Work study and Time and motion study: Fatigue study, Critical Path Analysis. Concept of productivity. Measurement of productivity input/output. Analysis as a means of Measuring Productivity. Value analysis and cost/benefit analysis techniques.