Effective Book Keeping Skills & Techniques

20-21 Dec, 2021, Virtual Classroom Training

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Dr. Steven Liew is a fellow member of the Chartered Institute of Management Accountants, UK and is a Chartered Accountant by profession. He has an Asia Pacific Executive MBA (for senior executives) from the National University of Singapore and a PhD in international finance with Rushmore University of USA.

 

Dr. Liew had worked in private sector companies, ranging from family-run businesses to professionally manage multinational corporations in South Asia and the ASEAN region. He has accumulated more than 30 years working experience in senior financial & operational management positions spearheading the profitability and growth of companies. He has worked for the MBF Finance & its related group of companies over the 10 years period

 

He is a registered Trainer with the Government Human Resources Development Berhad (Pembangunan Sumber Manusia Berhad). And he is a GST Tax Consultant and had successfully completed the Custom examination.

 

Dr. Steven Liew had conducted various seminars for corporate clientele including Association of Credit Management Malaysia, Chartered Institute of Management Accountants, Malaysia Institute of Management, Malaysia Institute of Accountants, Institute of Bank Malaysia, Nestle, IQPC Worldwide Pte Ltd , Singapore, Lexis Nexis,, Proton Edar Malaysia , Brunei Investment Agency, Small Medium Industries Development Corporation , Ministry of Development, Brunei , BICPA Asean Management, Brunei, Risda Group Of Companies, Sales & Marketing Training Forum, Sri Lanka, Giant Retail Sdn Bhd, Telekom Brunei & Ministry of Foreign Affairs, Malaysia, Sabah Electricity Sdn Bhd, Bank Islam Brunei Darussalam. Continental Tyres, Sime Darby Bhd, Sony Malaysia Sdn Bhd, Perodua Sdn Bhd & Credit Guarantee Corporation (M) Bhd; Fujixerox, UDA Holdings, SPNB, Diners Club, Elk Desa Capital Bhd, Antah Schindler, UCSI & Ministry of Finance; Seccom Sdn Bhd; Bridgestone Chemical Products (M) Sdn Bhd; Dialog Group Bhd; SEDCO, KK; Hosiden Electronics (M) Sdn Bhd; STO Maldives; Indah Water Consortium Sdn Bhd; CPA Australia (M) Sdn Bhd

 

He is currently providing management consultancy and training specializing in GST, Forecasting, Fast closing monthly, leadership, Strategic Planning, budgeting, accounting, finance, Cost reduction, credit management & loan recovery.

Venue Details

Virtual Classroom Training

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
  • Module 1: Introduction to Accounting
  • Module 2: Adjustments
  • Module 3: Balance Sheet
  • Module 4: Profit & Loss Statement
  • Module 5: Cash Flow Statement
  • Module 6: Financial Ratios Analysis
  • Module 7: Budgeting
  • Module 8: Q&A

    A Certificate of Completion with 14 hours CPD points will be awarded upon completion.
OBJECTIVE
The primary goal of this course is to help Accounts Clerks & Assistants to understand & prepare financial statements (P&L, Balance Sheets, Equity & Cash Flow). It also enable participants able to read and understand financial reports. Real-current problematic finance & accounting cases will be analyzed and scenario solutions will be discussed within the course.
AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Understanding the accounting process and its concepts
  2. Improving their efficiency in recording accounting information
  3. Appreciating how their job function contributes towards the preparation of financial statements
  4. Preparing bank reconciliation statement
  5. Communicating more effectively with their superiors
  6. Contributing effectively towards management decision making
  7. Understanding the importance and determinants of cash flow and working capital
  8. Preparing the various budgets
OBJECTIVES
  1. Becoming super secretaries and top administrative assistants.
  2. Increasing the effectiveness of these valuable assistants.
  3. Raising the confidence level in helping bosses and executives to achieve their goals faster.
  4. Upgrading existing competencies to face the many challenges today
WHO SHOULD ATTEND
Accounts Executives, Accounts Clerks & Assistants, Administrative Assistants, Office Administrators, Supervisors, Executives and all Professionals who are interested in basic accounting. Also new Accounting Personnel with no formal training in accounting.
METHODOLOGY
  • Interactive Lectures, Case Studies & Group Discussions.
  • Special Feature: Participants Will Receive a Set of Practical Templates suitable for all sectors. These templates;
  • Ease in planning, reporting & decision making process
  • Snapshot of overall issues & problem
  • Financial modeling using goal seek strategies for cash flow, profit, sales target, budgeting & working capital requirements.
WHAT YOUR COLLEAGUES ARE SAYING ABOUT THE COURSE…
  • “Two key points I learnt from Dr Liew are “Impact on P&L, BS, Cash Flow & Equity from your transactions (sales, expenses, assets) & Impact of operating, investing & financing activities on cash flow position."
    Project/business analyst
  • “Overall good. I now know how to calculate NPV, IRR & Payback period. This helps me to plan well for investment project.”
    AVP- Investment & Business
  • “Thanks, Dr Steven; very nice, interesting even it is an accounting course” Understand more about accounting view, now know more about finance & budget. Will make it into practice to manage my own financial as well.”
    Admin & HR executive
  • “Overall good. I am a bit slow due to not very good in accounting. I can say it is totally new to me. Big thank you, Dr Steven. I will discuss with my top management regarding to the budget aspects of my role for the next management meeting. Will implement this budget analysis to control branding & advertisement costs in 6 month times.”
    Brand Development & operation Manager, DC Comics Super Heroes
  • “Good introduction to the basics of accounting and financial analysis using practical real life examples. Participants are able to grasp concepts quicker as it is hands on and interactive.”
    Legal Division, Ministry of Finance
  • “This course gives me better understanding about accounting & financial analysis as a preparation when public sectors start using accrual accounting in 2015.”
    Internal Audit Division, Ministry of Finance
DAY 1
9:00

MODULE 1: INTRODUCTION TO ACCOUNTING

  • Accounting Equation
  • Recording simple transactions
  • Double entry system of recording
  • Assets, liabilities, capital, revenue & expenses
  • Trial Balance

  • End of Day 1

10:45

MODULE 2: ADJUSTMENTS

  • Accruals, prepayments & depreciation
  • Bank Reconciliation
1:00 Lunch
2:00

MODULE 3: BALANCE SHEET

  • How to read a balance sheet
  • Understand key concepts of Assets, Liabilities, Equity
  • Current vs non-current distinction
  • Tangible vs intangible distinction
  • Assessment of company financial strength and risk
  • Strengthening financial structure
  • Working capital management
3.45

MODULE 4: PROFIT & LOSS STATEMENT

  • How to read Profit & Loss Statement
  • Use Profit and Loss Statement to evaluate performance
  • Concept of margins and profit analysis
  • Relationship between P&L statement to balance sheet
  • Profit & Loss accounting model
  • Why profit is different from cash
5.00 End of Day 1
DAY 2
9:00

MODULE 5: CASH FLOW STATEMENT

  • Lifeblood of business – Cash Flow Statement
  • Relationship between cash flow statement and balance sheet
  • 3 streams of cash flow, Operating ,Investing & Financing
  • How to determine financial health from cash flow pattern
  • Determining if the company is using internal cash flow to finance growth or relying on external financing
10:45

MODULE 6: FINANCIAL RATIOS ANALYSIS

  • Learn how to size up a company quickly by reading their financial ratios
  • Liquidity
  • Solvency
  • Efficiency
  • Profitability
  • Asset Management
  • Assessing drivers of company profitability and growth
  • Operations and investment strategies : operating and investment management
 

REVIEW OF DOCUMENTATION HELD

  • Legal Rights of Creditors
  • Stamping and Registration of Documents
    - What Happens When Documents Are Not Stamped or Understamped
1:00 Lunch
2:00

MODULE 7: BUDGETING

  • Preparing the various budgets
  • Budget Analysis : Calculation of budget ratios and interpretation
  • Working Capital- Cash flow cycles, AR & AP
3:45

MODULE 8: Q&A

5.00 End of Course