Training Details
- Shipping companies and marine agencies: special features of the activity.
- Technical aspects of navigational activities, and their implications for the nature of revenue and expenditure items.
- Accounting for the costs of the navigational activity, and determining the cost of the unit of activity (ton / nautical mile - passenger / nautical mile / ........).
- The effect of ownership and the effect of dependence on financial and operational leasing cases of fleet units on the profitability of the navigation facility.
- The impact of alternative paths on cost: using the point of symmetry of cost in approving the best proposals in managing the activity Indi-erence Cost Point .
Effective control of fleet expenditures and report on their economics:
- Based on the estimated cost Estimated Cost .
-Based on standard cost Standard Cost.
Depending on the target cost Target Cost.
- Advance payments, and follow-up of the system of advances, covenants and trusts within the responsibility of the ship captain.
- Accrual of expenses, and accounting treatment for settling trip burdens and financial period obligations.
Adequate disclosure and development of the accounting information function when preparing and presenting the financial statements of shipping companies, under the umbrella of International Accounting Standard No. 1) .
Accounting for fleet units and available operational capacities under the requirements of International Accounting Standards No. 16) and number (17).
Practical cases and full workshops.
The role of the financial analyst in predicting default cases.
- Critical reading of the financial statements:
For the purposes of reporting on liquidity and financial ease.- For self-financing purposes.
For profitability reporting purposes.- For purposes of reporting on the robustness of the financing structure.
For the purposes of reporting on the level of economic activity.
- Analysis of the rate of return on investment, an upgraded picture.
Use the Altman model.Z" Score Model in reporting the financial success or failure, and predicting the continuity of the facility.
Full workshop, case studies.