FOB Shipping point and FOB destination Accounting training course in London

Available Dates

Jan-27-2025

London
Feb-24-2025

London
Mar-24-2025

London
Apr-28-2025

London
May-19-2025

London
June-23-2025

London
July-28-2025

London
Aug-25-2025

London
Sep-22-2025

London
Oct-27-2025

London
Nov-24-2025

London
Dec-22-2025

London

Dates in Other Venues

Jan-06-2025

Dubai
Jan-13-2025

Istanbul
Jan-13-2025

Rotterdam
Jan-20-2025

Athens
Jan-20-2025

Hamburg
Feb-03-2025

Dubai
Feb-10-2025

Istanbul
Feb-10-2025

Rotterdam
Feb-17-2025

Athens
Feb-17-2025

Hamburg
Mar-03-2025

Dubai
Mar-10-2025

Istanbul
Mar-10-2025

Rotterdam
Mar-17-2025

Athens
Mar-17-2025

Hamburg
Apr-07-2025

Dubai
Apr-14-2025

Rotterdam
Apr-14-2025

Istanbul
Apr-21-2025

Athens
Apr-21-2025

Hamburg
May-05-2025

Dubai
May-12-2025

Istanbul
May-12-2025

Rotterdam
May-19-2025

Hamburg
May-19-2025

Athens
June-02-2025

Dubai
June-09-2025

Rotterdam
June-09-2025

Istanbul
June-16-2025

Athens
June-16-2025

Hamburg
June-30-2025

Dubai
July-07-2025

Dubai
July-14-2025

Istanbul
July-14-2025

Rotterdam
July-21-2025

Hamburg
July-21-2025

Athens
Aug-04-2025

Dubai
Aug-11-2025

Istanbul
Aug-11-2025

Rotterdam
Aug-18-2025

Hamburg
Aug-18-2025

Athens
Sep-01-2025

Dubai
Sep-08-2025

Rotterdam
Sep-08-2025

Istanbul
Sep-22-2025

Hamburg
Sep-22-2025

Athens
Sep-29-2025

Dubai
Oct-06-2025

Dubai
Oct-13-2025

Istanbul
Oct-13-2025

Rotterdam
Oct-20-2025

Hamburg
Oct-20-2025

Athens
Nov-03-2025

Dubai
Nov-10-2025

Istanbul
Nov-10-2025

Rotterdam
Nov-17-2025

Hamburg
Nov-17-2025

Athens
Dec-01-2025

Dubai
Dec-08-2025

Rotterdam
Dec-08-2025

Istanbul
Dec-15-2025

Hamburg
Dec-15-2025

Athens
Dec-29-2025

Dubai

Course Details

This course on FOB Shipping Point and FOB Destination Accounting provides a comprehensive understanding of the accounting principles and concepts related to FOB shipping transactions. Over five days, participants will learn about the identification and division of costs in FOB shipping, the treatment of FOB accounts, and the accounting treatment of various non-FOB items.

Additionally, the course covers income treatment, valuation of closing inventories, provisioning for unfinished voyages, and accounting for FOB shipping consignments. Participants will also gain insights into performance measurement in the shipping business, including liquidity measurement ratios, profitability ratios, and debt and equity considerations.

Lastly, the course addresses key accounting and reporting issues specific to the shipping industry, such as fair valuation assessment of vessels, impairment assessment, and joint operations arrangements under IFRS 11.

By the end of this course, participants will:

Understand the general accounting principles and concepts related to FOB shipping.
Identify and divide costs in FOB shipping transactions
Differentiate between FOB shipping point and FOB destination
Prepare FOB accounts and handle FOB freight prepayments
Apply accounting treatment to non-FOB items and calculate income from freight, primage, and passage money
Value closing inventories and provision for unfinished voyages
Record accounting entries for FOB consignments in the books of both consignors and consignees
Perform physical inventory counts and account for the sale of inventory by consignees
Measure performance in the shipping business using liquidity measurement ratios, profitability ratios, and debt and equity considerations
Address accounting and reporting issues specific to the shipping industry, such as fair valuation assessment of vessels, impairment assessment, and joint operations arrangements under IFRS 11

FOB Shipping Point and FOB destination accounting training course designed for:

Accounting professionals, finance managers, shipping industry professionals, and individuals seeking to enhance their knowledge and skills in FOB shipping point and destination accounting.
It also benefits auditors, consultants, and professionals involved in financial reporting and analysis within the shipping industry.

Our courses in London take place at the following locations :

London Premier Oxford Street Offices: 25 N Row, London W1K 6DJ

Once you register for this course, we will subsequently send the invoice and course information, including location, trainer, and other logistics.

Pay Attention, Please! The course location is subject to availability; the course time will be precise one week before the course start date! We may change the course location if there is no availability, and we will let you know about the location change once it happens.

Course Outline

5 days course

Day 1

Day 2

Day 3

Day 4

Day 5

General Accounting Principles and Concepts