• MODULE 1: BANK RECONCILIATION

  • Introduction
    
  • Mechanics of Bank Reconciliation
    
  • Steps for Preparation of Bank Reconciliation
    
  • Actions Required Following Completion of Bank Reconciliation

  MODULE 2: PETTY CASH MANAGEMENT

  • Introduction
    
  • Mechanics of Petty Cash Imprest System
    
  • Effective Management & Control of Petty Cash

  MODULE 3: EFFECTIVE MECHANISM FOR RECEIPTS & PAYMENTS CONTROL

  • Internal Control Mechanism Over Sales & Receipts
    
  • Ensuring Accuracy of Data for Sales & Receipts
    
  • Dealing with Foreign Currency Receipts
    
  • Internal Control Mechanism Over Payments
    
  • Capturing Data for Payments via Cheques, Direct Debits & Transfers
    
  • Use of Computer-Aided Techniques – Pros & Cons (AP System)
    
  • Effective Cash Management
    
    A Certificate of Completion with 7 hours CPD points will be awarded upon completion.

This 1-Day intensive online course is targeted at accounting staff who are responsible in day-to-day bookkeeping specifically in managing financial records related to receipt and payment transactions, bank reconciliation and petty cash management. Despite having academic qualifications, the skillset required to perform their work on these areas could effectively be obtained through experiential learning exposure as compared to what they learned in colleges or universities.

This course is primarily intended for the participants to have better grasp and understanding on the basic accounting principles and practices and their application in the workplace. The course will not only cover practical accounting and bookkeeping skills but also emphasizes on control framework and mechanisms for effective receipts and payment, bank reconciliation and petty cash management.

In order to improve their efficiency in accounting and book keeping, the participants will also be learning the proper accounting process and systematic procedures & mechanisms for management and control over internal funds. Finally, as the course is delivered with real-world context of class exercises to ensure high impact learning outcomes, the course is well structured to meet its intended objectives to all participants.

1. Acquiring practical accounting skills for managing cash and bank accounts effectively.
   
2. Understanding the Double-Entry System of Book Keeping process and applying it to every business transaction in the workplace.
   
3. Understanding the Systematic Procedures & Mechanisms for management and control over Internal Funds.
   
4. Knowing the Purpose and Importance of Periodic Adjustments to Accounting Records.
   
5. Having a clear understanding of the Basic Accounting Principles and Financial Terms.

• Accounts Clerks
  
• Accounts Assistants
  
• Accounts Supervisors
  
• Office Administrators
  
• Secretaries
  
• Junior Accounts/Finance Executives
  
• Non-Financial Executives

• Interactive Lectures
  
• Individual & Group Activities
  
• Group Discussions
  
• Case Studies
  
• Exercises