Description

Is suitable for senior positions onboard for at least 2 years experience who are looking to consolidate their knowledge base and potentially build valuable new skills to help them become more effective in their roles.

This course contains:

1. Role and responsibilities for the onboard Accounting, Bookkeeping & Budgeting
2. Basic Accounting principles
3. How to comply with purchase procedures and protocols
4. How to manage Account Plans and Reconciliations
5.  How to manage financial planning systems
6. What is VAT and how the VAT system works within the Yachting sector
7. Yacht Charter Expenses, Operations Costs, Advanced Provisioning Allowance & VAT implications
8. How to manage the Financial Records of Charter activities
9. How to budget for a port call and cruise