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(MC) Improving Your Accounting Skills

11-12 Sep, 2024, AC Hotel Kuala Lumpur by Marriott

IPA Training is Registered with

Venue Details

AC Hotel Kuala Lumpur by Marriott
9 Jalan Lumut, Off Jalan Ipoh,, 50400 Kuala Lumpur - 50400

https://www.marriott.com/en-us/hotels/kulka-ac-hotel-kuala-lumpur/overview/?scid=45f93f1b-bd77-45c9-8dab-83b6a417f6fe&y_source=1_MTQ2NDU 5MDEtNDgzLWxvY2F0a W9uLndlYnNpdGU%3D


Phone : (603) 4042 8000

Contact us

FOR COURSE DETAILS

Juliany,

Office: 03 2283 6109

Mobile: +60 122281247

juliany@ipa.com.my

Phoebe,

Office: 03 2283 6100

Mobile: +60 193637822

phoebe@ipa.com.my

Bee Teng,

Office: 03 2282 6112

Mobile: +60 172566121

beeteng@ipa.com.my

FOR CUSTOMISED IN-HOUSE TRAINING

ADDRESS

A-28-5, 28th Floor, Menara UOA Bangsar,
No.5, Jalan Bangsar Utama 1,
59000 Kuala Lumpur

COURSE HIGHLIGHTS
  • Accounting Scope and Concepts
  • Accounting Cycle & Double Entry Systems
  • Trading Account, Profit & Loss Account and Balance Sheet
  • Adjustments at Year End
  • Cash and Bank Accounts
  • Preparation of Company Final Accounts
  • Preparation of Budgets
  • Sources of Finance

    Kursus ini bertujuan untuk mempertingkatkan kesedaran dan pengetahuan dalam bidang perakaunan dari segi simpan kira-kira, lejer, urusniaga tunai & kawalan, peruntukan, ralat serta cara menyediakan belanjawan dengan kemas dan tepat.

    A Certificate of Completion with 14 hours CPD
    points will be awarded upon completion.


WHO SHOULD ATTEND
  • Accounts Supervisors, Officers & Clerks
  • Junior Executives
  • Secretaries, Administrators, Admin Assistants
  • New Executives
  • Related Supporting Staff
  • Non-Financial Executives & Staff
METHODOLOGY

Lectures, class and group discussion, case studies and examples

COURSE LEARNING OUTCOMES (CLO)
  • Comprehend the importance of financial functions and accounting cycle of any business organization.
  • Proceed and have better skills in recording financial information and using accounting principles.
  • Perform and develop a greater understanding of financial reporting practices and techniques.
  • Classify how to correctly prepare basic accounts
  • Proceed and able to familiar yourself with the format of income and expenditure accounts as well as other financial statements.
  • Able to understand profit and loss accounts and use of balance sheets
  • Able to interpret and make better use of financial information for continuous planning and profitability
 
DAY ONE
9:00 ACCOUNTING: SCOPE AND CONCEPTS
  • Types of Accounting
  • Users of Financial Statements
  • Suppliers of Accounting Information
  • Basic Accounting Concepts
  • Types of Business
  • Accounting Process
10:45 ACCOUNTING CYCLE & DOUBLE ENTRY SYSTEM
  • Balance Sheet & Effect of Transaction
  • Elements in the Accounting Equation
  • Format of Accounts
  • Ledger Accounts
  • Double Entry Recording
  • Balance off the Accounts
  • Preparation of Trial Balance
1:00 Lunch

2:00 THE TRADING ACCOUNT, PROFIT & LOSS ACCOUNT AND BALANCE SHEET
  • Preparation of the Trading Account
  • Preparation of the Profit and Loss Account
  • Preparation of the Balance Sheet
3:45 ADJUSTMENT AT YEAR END
  • Prepayments
  • Accruals
  • Accrued Revenue
  • Deferred Income
  • Depreciation of Fixed Assets
  • Bad and Doubtful Debts
5:00

End of Day One

 
DAY TWO
9:00 CASH BOOK
  • Cash and Bank Accounts
  • Advantages of Using a Cash Book
  • Two Column Cash Book
  • Three Column Cash Book
  • Contra Entries
  • Discount Allowed
  • Discount Received
  • Bank Overdraft

10:45 LIMITED COMPANIES: AN INTRODUCTION
  • Limited Companies and Their Features
  • Company Accounts
  • Classification of Capital
  • Classes of Shares
  • Debentures
  • Dividend
  • Preparation of Company Final Accounts
1:00 Lunch

2:00 PREPARATION OF BUDGETS
  • Sales Budgets
  • Production Budgets
  • Raw Materials Usage and Purchase Budget
  • Direct Labor Budget
  • Production Overhead Budget
  • Non Production Budgets
  • Cash Budget
  • Budgeted Profit & Loss Statement
  • Proforma Balance Sheet
3:45 SOURCES OF FINANCE
  • Short Term Finance
  • Medium and Long Term Finance
  • Other Source of Finance
5:00

End of Course