Practical Accounting Techniques

13-14 Dec, 2017, Kuala Lumpur

FOCUSING ON
  • Introduction To Financial Accounting 
  • Accounting Cycle, System And Double-Entry System
  • Practical Aspects of Book-Keeping & Record Maintenance
  • Goods & Services Tax (GST)
  • Accrual Accounting & Adjustments At Year End
  • Accounting For Fixed Assets
  • Cash Control
  • Preparation Of Financial Statement
  • Financial Statement Analysis
  • Business Financing
WHO SHOULD ATTEND
  • Accounts Clerks
  • Accounts Assistants
  • Accounts Supervisors
  • Office Administrators
  • Administrative Assistants
  • Secretaries
  • Accounting Personnel
  • For Managers, or those about to become managers, across all business units who have little or no formal education in organizational finance and accounting for a better understanding and how to support 
    & enhance revenue generation in their businesses.
AFTER ATTENDING THIS COURSE,
YOU WILL RETURN TO YOUR JOB…
  1. Understanding the accounting process / framework and its concepts, principles and assumptions.
  2. Recording financial information correctly and learning the processing system.
  3. Identifying and recording of expenses, losses, income and gains effectively.
  4. Learning the practical aspects of book-keeping and record maintenance.
  5. Preparing a full set of financial statements.
  6. Identifying the errors revealed by the trial balance and the errors not revealed by the trial balance.
  7. Interpreting and analyzing financial statements effectively.
  8. Knowing the importance of accounting in providing vital information to management for decision-making.
  9. Learning the art of report writing
 
DAY 1
9:00 INTRODUCTION TO FINANCIAL ACCOUNTING
  • Role of Accounting in today’s business
  • Overview of Accounting Process / Framework
  • Accounting Concepts, Principles and Assumptions
10:45 ACCOUNTING CYCLE, SYSTEM AND DOUBLE-ENTRY SYSTEM
  • Accounting Cycle
  • Accounting Systems
  • Accounting for transactions using the “Double-Entry System”
11:45 PRACTICAL ASPECTS OF BOOK-KEEPING & RECORD MAINTENANCE
  • Understanding Various Documents / Vouchers Used
  • Recording in Cash Book
  • Journalising and Posting to the various subsidiary Ledgers
  • Usage of Control Accounts relating to Debtors / Creditors
1:00 Lunch

2:00 GOODS & SERVICES TAX (GST)
  • GST and its impact on Cash Flow
  • Accounting for GST – Input / Output tax
  • Reconciliation of GST
  ACCRUAL ACCOUNTING & ADJUSTMENTS AT YEAR END
  • Accrued Expenses & Accrued Incomes
  • Prepayments
  • Writing off Bad Debts
  • Provision for Doubtful Debts
3:45 ACCOUNTING FOR FIXED ASSETS
  • Costs of Acquisition
  • Method of Depreciation
  • Accounting for Depreciation
  • Losses & Gains on Disposal of Fixed Assets
5:00 End of Day 1
DAY 2
9:00 CASH CONTROL
  • Internal Control
  • Accounting Controls
  • Controls of Cash Receipts and Payments
  • Bank Reconciliation
  • Petty Cash Control
10:45

PREPARATION OF FINANCIAL STATEMENTS

  • Trial Balance
    # Checking for Accuracy
    # Errors Disclosed
    # Errors Not Disclosed
  • Manufacturing Account
  • Trading and Profit & Loss Account
  • Balance sheet
1:00 Lunch

2:00 FINANCIAL STATEMENT ANALYSIS
  • Types of Organisations
  • Reviewing and analyzing financial performance
  • Reviewing and analyzing financial position
  • Cash versus accrual
  • Ratio analysis
  • Techniques used to predict corporate failure
3:45 BUSINESS FINANCING
  • Types of Financing-Equity and Debt
  • Short-Term and Long- Term Financing
  • Cost of Funds
  • Financial Gearing and Its Effect on Business
5:00 End of Course


 

LEARN FROM THE BEST

MR S. S. DANIEL, B. Commerce, M.I.M.M. has over 25 years of experience in Accounting and Financial Management and has worked as a Corporate Loan Officer, Branch Manager and Vice President in the Audit Department of a leading prominent local bank. He had the responsibilities for reviewing, developing and implementing internal controls and compliance procedures for the bank.

 

Daniel is an accomplished speaker / trainer in the accounting and finance field. He was also previously actively involved in lecturing on Financial & Management Accounting for CIMA and ACCA programs at local institutions of higher learning for over 15 years. At present Daniel is the Principal Consultant of his own professional training firm and is fully committed in conducting training programs on Accounting and Financial Management, Internal Auditing, Credit Management and Branch Operations for several prominent banks and MNCs.

 

Following are the accounting and finance-related courses conducted by him:-

  • Effective Cash Flow Management;
  • Implementing Effective Debt Collection Techniques;
  • Effective Financial Skills For Non-Finance Managers;
  • Contemporary Internal Auditing;
  • Credit Management & Debt Recovery Techniques;
  • Advance Financial Statement Analysis – A Practical Approach;
  • Detecting, Investigating & Preventing Fraud;
  • Corporate Credit Analysis;

Daniel provides practical hands-on and dynamic lively training sessions, which have received excellent feedback from past participants from both local and overseas market.

 

His training sessions are well regarded and participative in nature and the evaluation by the participants who have attended his courses attest to his ability to part the practical knowledge that he had acquired during his 25 years of experience in the financial sector.

 

VENUE DETAILS

Furama Hotel Kuala Lumpur
136, Jalan Changkat Thambi Dollah
55100 Kuala Lumpur

Phone :03 2788 8888

 

IPA TRAINING IS REGISTERED WITH

 

CONTACT US

Juliany, 
O - 03 2283 6109,
M - 019 3134436
juliany@ipa.com.my 

Michelle, 
O - 03 2283 6100, 
M - 019 363 7822
michelle@ipa.com.my 

For Customised In-House Training
Yvonne,
O - 03 2283 6101, 
M - 012 2011247,

F - 03 2283 6108
 
yvonne@ipa.com.my
 

ADDRESS 

A-28-5, 28th Floor, 
Menara UOA Bangsar, 
No.5, Jalan Bangsar Utama 1, 
59000 Kuala Lumpur
www.ipa.com.my