(MC) Basic Accounting Principles, Practices & Procedures

16-17 Jan, 2023, AC Hotel Kuala Lumpur by Marriott (Formerly known as Vistana Kuala Lumpur)

IPA Training is Registered with

Learn from the Best

Dr Wendy Tee has over fifteen years of experience in senior management and human resources positions for diversified industrial and business environments. Graduated with a Doctor of Business Administration (UUM), Master of Business Administration (UM), Master of Information Technology (UM), Certified Financial Planner (CFP), Certified Business Coach (UM), Registered Financial Planner (RFP), Certified Trainer (PSMB) and Certified Advance Human Resource Practitioner (MIHRM), she has undergone intensive academic training in various human development and knowledge improvement. As a trainer, speaker and consultant, Dr Wendy had spent hundreds of hours in training, speaking and conducting training related to personal development and performance management over the years. Her training sessions are enhanced with trainees getting exposure to personal development, improve service productivity and performance toward productivity. She commits herself towards creating results in personal excellence and inspiring people to do their best at whatever they do. Her vast experience and exposure in different industry has given her an in depth understanding training and development needs which she delivers with passion, performance, positive, integrity and energetic .

 

Dr Wendy is actively involved in management consultancy, management training and research. Her latest responsibility involves the business coaching, financial training, management consultancy, Accounting and Financial lecturing of Degree programs for Kolej Universiti Tunku Abdul Rahman . She has experience managing training programs covering from local universities, in house training and public seminar training, from designing training needs assessment, developing training materials, monitoring and tracking of training programs successfulness and implementing training evaluation. Having been trained as a qualified trainer, her skill and knowledge has been enhanced in operations effectives, fitness analysis, gap analysis and needs assessments.

 

Dr Wendy is also a Human Resource consultant and certified trainer now appointed from Harrison Assessment Talent solutions (HATS), Pembangunan Sumber Manuasia Berhad (PSMB) and National Human Resources Centre (NHRC), providing comprehensive and independent Human Resource advisory to clients. In addition to consulting with and servicing clients, she is responsible for HR assessment, HR training, coaching & advisory for the company.

 

Dr Wendy completed and passed her GST and SST exams organized by Chartered Tax Institute of Malaysia (CTIM) with the cooperation and support from the Royal Malaysian Customs Department (RMC). She has trained more than 75 SME companies in Malaysia for getting prepared on the post implementation of GST and SST, mainly dealing with the tax authorities over various indirect tax issues, elements and scope of indirect tax, cycle and operations, rulings, registration, administration, audit and investigations on behalf of her clients.

Venue Details

AC Hotel Kuala Lumpur by Marriott (Formerly known as Vistana Kuala Lumpur)
9 JALAN LUMUT OFF JALAN IPOH,, KUALA LUMPUR, MALAYSIA, 50400,
Fax : 0 3-40428000

https://www.marriott.com/en-us/hotels/kulka-ac-hotel-kuala-lumpur/overview/?scid=45f93f1b-bd77-45c9-8dab-83b6a417f6fe&y_source= 1_MTQ2NDU5MDEtNDgzLWxvY2F0 aW9uLndlYnNpdGU%3D

Contact us

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

Phoebe,
M - 019 363 7822
phoebe@ipa.com.my 

FOR CUSTOMISED IN-HOUSE TRAINING
June,
M - 012 941 8251
June@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
  • General Rules of Accounting
  • Accounting Basics
  • Recording Process
  • Adjusting the Account
  • Complete the Accounting Cycle
  • Drawing Up the Final Accounts and Financial Statements
  • Preparing the Income Statement
  • Preparing the Balance Sheet
  • Accounting for Fixed Assets
  • Preparing of Cash Flow Statement
COURSE LEARNING OUTCOMES (CLO)
  1. Outline a basic and sound understanding of business accounting and their applications in the workplace.
  2. Identify by getting an overview of the entire accounting system and understanding of how transactions are sorted, classified and categorized into meaningful financial information.
  3. Identify and learn how to prepare the final accounts – Balance Sheet and Income Statement.
  4. Recognise and able to utilize accounting information in daily works and improving effectiveness and efficiency.
  5. Choose and interact well with the accounts or finance department to enhance cooperation and to secure their support in achieving departmental objectives.


WHO SHOULD ATTEND
  • Accounts Clerks
  • Accounts Assistants
  • Accounts Supervisors
  • Office Administrators
  • Non-Financial Executives
  • Secretaries
  • Level of Executives and above
METHODOLOGY
  • Interactive lectures
  • Interactive activities
  • Group & Individual exercises
  • Group discussions
  • Case studies
DAY 1
9:00 INRODUCTION TO ACCOUNTING
  • Understanding Accounting and Book Keeping
  • The needs and uses of accounting
  • Decision making and accounting
  • Importance Of Accounting To Business
  • Users And Uses Of Accounting Data
  • Principles, Assumptions And Convention
  • Accounting Equation
  • 1.00 Lunch
10.45 GENERAL RULES OF ACCOUNTING
  • Receipt And Payment
  • Revenue And Expenses
  • Rules Of Double Entry
  • Fixed Assets And Current Assets
  • Work In Progress
  • Current Liabilities
12.00 ACCOUNTING BASICS
  • An overview of the accounting system
  • The Accounting Equation – Debit & Credit
  • Accounting documentation and records keeping
  • Accounts, classification & recording
  • System of check and balances
1:00 Lunch

2.00 RECORDING PROCESS
  • Steps In Recording
  • Chart Of Journal
  • Ledger
  • Posting
  • How To Extract A Trial Balance
3.45 ADJUSTING THE ACCOUNT
  • Adjusting For Prepayment And Accrual
  • Provision Of Bad Debt And Bad Debt
  • Journalizing And Posting The Adjustment
  COMPLETE THE ACCOUNTING CYCLE
  • Closing The Book
  • Presentation Of Data
5:00 End Of Day 1
DAY 2
9:00 DRAWING UP THE FINAL ACCOUNTS AND FINANCIAL STATEMENTS
  • Income Statement
  • Balance Sheet
  • Cash flow statement
10.45 PREPARING THE INCOME STATEMENT
  • Revenue
  • Cost of goods sold
  • Gross Profit
  • Expenses
  • Net profit
12.00 PREPARING THE BALANCE SHEET
  • The Accounting Equation
  • Double-Entry Accounting
  • Types of Assets
  • Types of Liabilities
  • Equity
1:00 Lunch

2.00 ACCOUNTING FOR FIXED ASSETS
  • Method Of Depreciation
  • Depreciation Computation
  • Accounting Entries For Depreciation Charges
  • Revaluation Of Assets
  • Disposal Of Assets
3.45 PREPARING OF CASH FLOW
  • Advantages Of Cash Flow Statement
  • Definition Of Term
  • Direct Methods Vs. Indirect Methods
  • Operating, investing and finance activities
5:00 End Of Course