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Finance and Accounting for Mining
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Key Learning Outcomes
- Assess financial and accounting issues that are unique to mining companies
- Understand theoretical and practical finance and accounting concepts that can be used even by non-accountants
- Differentiate practical and financial accounting
- Appreciate the use of T-accounts to explain how transactions impact the value of assets, liabilities, equity, revenue and expenses
- Understand what is exploration, development and fixed assets and how to account for them
- Analyse cash accounting vs accrual accounting
- Appreciate the importance of reconciliations
- Understand concepts used in the preparation of financial reports and financial analysis including preparation of profit and lossstatement, balance sheets, and cash flows
Who Should Attend
- Mining company directors and managers who need to improve their understanding of finance and accounting
- Accounting assistants, junior accountants and new accountants in the mining industry
- Public accountants who analyze mining companies
- Representatives from financial institutions and other industries that work with mining companies
International Course Director
Adam Bick is a chartered accountant with over a decade of accounting experience in the resources industry. He specialises in financial reporting, management reporting, joint venture accounting and internal controls analysis.
