Joint Venture Accounting


This is a bespoke training course for officials and managers working directly or indirectly on joint venture projects. The course is made fluid to accommodate accounting and non- accounting staff engaged in joint ventures.

Learning Outcomes:

Delegates will at the end of the course unerstand:

  • Overview of JV Accounting principles as dictated by IAS 31
  • Joint Operating Agreement
  • Equity Types and Groups
  • Joint Venture Budgeting (Matching approved budget with expended & paid up).
  • Project Cost Accounting
  • Budgeting and Performance Evaluation
  • Cost Allocation Process

Indicative Contents

  • Working Capital Management
  • Venture Bank Account (VBA) option
  • Elements of the joint operating agreement
  • Capturing data on both sides
  • Allocation of cost
  • Recovery Indicators
  • Microsoft Excel (intermediate and advanced)
  • Partner Netting
  • Case study

Duration & Certification

This is a one week programme spread over 5 working days. A certificate of completion is granted on successful completion of the programme.

Location & Fees

  • The programme will be held in Accra (Ghana)
  • Travel and accommodation to be paid for at source by delegates

Course fees for tuition, materials and certification: N400, 000.00 per delegate for 1 week.