Effective Book Keeping & Accounting Skills & Techniques

27 Jan, 2021, Webinar Classroom Training

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Mr. Suhaini Kasmuri is a certified corporate trainer and business consultant specializes in accounting and finance, design thinking and leadership development. He speaks passionately on people development, leadership behavioural change and innovation skills development for leaders and managers particularly with finance focus. He has vast experience as a commercial practitioner in dynamic public and private organizations (local and MNC) specialized in the areas of corporate finance, treasury and strategic planning.

 

Mr. Suhaini is currently a Senior Consultant focusing on accounting and finance related programs. He has held several key Senior Management Level Positions including Chief Financial Officer of ACASIA Communications Sdn Bhd, and Fiberail Sdn Bhd, a subsidiary company of Telekom Malaysia.

 

Mr. Suhaini is a PSMB certified and approved trainer who has successfully fulfilled all the assessment requirements for Train The Trainer. He is a Chartered Accountant of the Malaysian Institute of Accountants. He holds an MBA from Asia E University Malaysia and a Bachelor Degree in Accounting from University of Technology MARA Malaysia.

 

Training conducted by him are well received by participants for his practical and applicable job-related contents that are delivered in an interactive and engaging manner. Mr. Suhaini exerts considerable influence on finance and innovation skills with his pleasant persona during training to ensure accelerated learning experience.

Venue Details

Webinar Classroom Training

Contact us

Juliany,
M - 012 2281 247
juliany@ipa.com.my

Michelle,
M - 019 363 7822
michelle@ipa.com.my 

FOR CUSTOMISED IN-HOUSE TRAINING
Yvonne,
M - 012 201 1247
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

FOCUSING ON
  • Introduction to Accounting & Book Keeping
  • Basic Accounting Principles
  • Accounting Equation
  • Accrual & Matching Concept
  • Double Entry System
  • Adjusting Entries during Closing of Accounts
  • Preparation of Full Set of Accounts:
    - Accounts and Trial Balance
    - Profit & Loss Account
    - Balance Sheet
    - Cash Flow Statement
  • Financial & Ratio Analysis
  • Budgeting
OBJECTIVE

This 1-Day intensive online course is targeted at accounting staff especially those entry level positions or junior executives who are involved in day-to-day bookkeeping, accounting and maintaining financial records and business transactions. As what they learned in colleges or universities were totally different from the real working environment, they may not fully understand and appreciate how their job functions contribute towards timely and accurate preparation of financial statements especially when most of their works involved using accounting systems.

 

Therefore, the primary objective of this course is to help them acquire basic accounting skills and bookkeeping techniques quickly with the view to improve their efficiency in recording and managing business transactions in real-world context. The course will not only cover basic accounting and bookkeeping skills but also train the staff to prepare a full set of accounts, accounting certain typical adjusting entries and performing necessary reconciliations for the preparation of financial statements.

 

In order to improve their accounting and bookkeeping skills, a series of exercise depicting certain typical real-world business transactions will be given during this course to be performed by all participants to demonstrate a more practical approach of learning experience. Finally, the course is also aimed at enabling participants to read, review and analyze financial reports in order to assist middle and top management in making business decisions.

AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Acquiring practical accounting skills and book keeping techniques for applications in the workplace.
  2. Improving efficiency in book keeping and accounting business transactions to ensure timeliness and accuracy.
  3. Applying double entry system and adjusting entries in recording business transactions.
  4. Understanding the importance of their respective functions towards timely and accurate preparation of financial statements.
  5. Improving understanding and ability to interpret, review and analyze financial statements.
  6. Improving interaction within organization through budget preparation and management to help achieve departmental objectives.
WHO SHOULD ATTEND
  • Accounts Clerks
  • Accounts Assistants
  • Accounts Supervisors
  • Office Administrators
  • Secretaries
  • Junior Accounts/Finance Executives
  • Non-Financial Executives
METHODOLOGY
  • Interactive Lectures
  • Individual & Group Activities
  • Group Discussions
  • Case Studies
  • Exercises
COURSE OUTLINE
9:00

INTRODUCTION TO ACCOUNTING

  • Understanding Accounting
  • Purpose and Importance of Accounting
  • Book Keeping & Analysis
  • Business & Accounting Cycle
9.45

BASIC ACCOUNTING PRINCIPLES

  • Separate Entity
  • Monetary Measurement
  • Going Concern
  • Historical Cost
  • Matching
  • Revenue Recognition
  • Materiality
  • Conservatism
  • Industry Practice
10.30

ACCOUNTING SKILLS & BOOK KEEPING TECHNIQUES

  • Accounting Process
  • Getting the Right Perspective
  • 5 Major Groups of Accounts
  • Accounting Equation
  • Accrual & Matching
  • Double Entry System
  • Books of Prime Entry & Business Documents
11.30

ADJUSTING ENTRIES DURING CLOSING OF ACCOUNTS

  • Deferrals
  • Accruals
  • Depreciation
  • Bank Reconciliation
12.00

PREPARATION OF FULL SET OF ACCOUNTS

  • Accounting Typical Business Transactions
  • Preparation and Closing of Accounts
  • Trial Balance
  • Methods to Identify Errors and Omissions
1:00 Lunch
2:00

PREPARATION OF FINANCIAL STATEMENTS

  • Profit & Loss Account
  • Balance Sheet
  • Cash Flow Statement
3:00

INTERPRET AND ANALYZE FINANCIAL STATEMENTS

  • Interpreting Income Statement
  • Interpreting Balance Sheet
  • Financial Analysis
  • Ratio Analysis
4:00

BUDGETING

  • Preparation of Budgets
  • Management of Budgets
  • Profit Planning & Forecasting
  • Budget Analysis
5:00 End of Course