Accounting & Financial Skills For Non-Financial Managers & Executives

19-20 Dec, 2017, Seri Pacific Hotel

IPA Training is Registered with

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

Seri Pacific Hotel
Jalan Putra 50350 Kuala Lumpur,
Phone : 03 4042 5555

Click For Hotel Location

Contact us

Juliany,
03 2283 6109
juliany@ipa.com.my

Phoebe,
03 2283 6100
phoebe@ipa.com.my 

FOR CUSTOMISED IN-HOUSE TRAINING
Jane,
03 2283 6101
Jane@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

FOCUSING ON
  • Introduction To Financial Accounting
  • Accounting Cycle, System And Double-Entry System
  • Practical Aspects Of Book-Keeping & Record Maintenance
  • Accrual Accounting & Adjustments At Year End
  • Overview of Sales and Service Tax (SST)
  • Accounting For Fixed Assets / Intangible Assets
  • Financial Statement Analysis – Ratio Analysis
  • Cash Flow Analysis
  • Investment Appraisal Techniques
INTRODUCTION

This is an effective and practical 2-day course that will equip participants with the necessary tools to be used to interpret financial information to make strategic decisions that will support and further advance the mission of the entire organization.

 

This course presents accounting and finance in a very practical and effective approach for the non-financial managers / executives to understand and use it to optimize his / her division, department or branch’s financial performance.

 

The participants will also be taught how to link their day-to-day financial and operational activities to their long-term strategic financial decisions. Included are exercises and case studies that will enhance the participant’s knowledge and skills in the area of financial management.

 

The course leader is an experienced corporate trainer in accounting and finance who have also conducted several finance-related in-house training for executives and managers of many large organizations.

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.
  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. Skillfully analyzing and interpreting financial statements.
  8. Knowing the importance of accounting in providing vital information to management for decision-making.
  9. Learning the art of report writing and the techniques in presenting financial data.
 
DAY ONE
9:00 INTRODUCTION TO FINANCIAL ACCOUNTING
  • Role of Accounting / its concern in today’s business
  • Overview of Accounting Process / Framework
  • Accounting Concepts, Principles and Assumptions
  • Overview - IAS / FRS
10:45 ACCOUNTING CYCLE, SYSTEM AND DOUBLE- ENTRY SYSTEM
  • Accounting Cycle
  • Accounting System
  • Accounting for transactions using the “Double- Entry System”
1:00 Lunch

2:00 PRACTICAL ASPECTS OF BOOK-KEEPING & RECORD MAINTENANCE - OVERVIEW
  • Understanding Various Documents / Vouchers used
  • Recording in Cash Book
  • Journalizing and Posting to the various Subsidiary Ledgers
  • Usage of Control Accounts relating to Debtors / Creditors
3:45 ACCRUAL ACCOUNTING & ADJUSTMENTS AT YEAR END
  • Accrued Expenses & Accrued Incomes
  • Prepayments
  • Writing off Bad Debts
  • Provision for Doubtful Debts
5:00 End of Day One
 
DAY TWO
9:00 OVERVIEW OF SALES AND SERVICE TAX (SST)
  • Introduction – What is SST
  • Transitional from GST to SST
  • Malaysian Sales Tax / Service Tax 2018
  • Accounting Basis for Service Tax
  • Accounting Basis for Sales Tax
  ACCOUNTING FOR FIXED ASSETS / INTANGIBLE ASSETS
  • Costs of Acquisition
  • Method of Depreciation / Amortization
  • Accounting for Depreciation
10:45 FINANCIAL STATEMENT ANALYSIS – RATIO ANALYSIS
  • Reviewing and analyzing financial performance
  • Reviewing and analyzing financial position
  • Profitability
  • Efficiency
  • Liquidity
  • Solvency
1:00 Makan Tengah Hari

2:00 CASH FLOW ANALYSIS
  • Direct Method
  • Indirect Method
3:45 INVESTMENT APPRAISAL TECHNIQUES
  • Weighted Average Cost of Capital (WACC)
  • Accounting Payback Period
  • Net Present Value
  • Internal Rate of Return
5:00 End of Course