Question

create a training plan with a list, brief description, and justifications of training materials you will use to manage a team.

Answer 1

Step 1: Prepare a list of trainees with requisite experience and qualifications.

Step 2: Based on step 1- segregate trainees as per their expertise in that domain.

Step 3: Example-trainees can be segregated into as per their knowledge and expertise as follows:

A) Bank Reconciliation; B) Capitalizing expenditure, etc.

  

Step 4: For Point

A) Bank Reconciliation-

i)Provide bank reconciliation format in spreadsheet. Reconciliation could start with balance as per pass book or balance as per cash book;

ii)Provide list of items to added or subtracted from step (i)

iii) Arrive at the balance as per cash book (if started with pass book balance) or vice-versa.

Materials required are bank statement and cash book.

B) Capitalizing expenditure-

Provide list of items to be capitalized like Plant and Machinery, Office equipment, Building, etc and the terms and conditions to be kept in mind for doing the same:

i)Certain repair cost to be capitalized if such repair enhance the life of the Plant and Machinery, Office equipment, Building, etc.

ii) Capitalization of repair cost also depends on company's policy. Some company may fix cut off amount . Any repair cost exceeding the cut off limit needs to be capitalized ( provided it will enhance the life of the items).

Step 5- Check the work done by the respective trainees.

Step 6- Mistakes, if any, needs to be pointed out and explain the correct methodology and assuage the fears from the mind of trainees .

Step:7- Training has to be undertaken with an idea to impart knowledge to the trainees and it has to lively.It has to be two way communication.