Physical classes are available.

 

This Handling Full Set of Accounts training program enables participants to understand how to prepare full set of financial accounts including manufacturing accounts leading to preparations of financial statements, whilst understanding accounting principles and standards governing them.

For those involved in the positions below, you may want to sharpen your skills to increase productivity at work and business: 

 

- Accounts  / Finance Executives

- Administration Executives

- Payroll Executives

- Credit Executives

- Sales and Marketing Executives

- General Clerks

- Corporate Planners and those who wish to obtain a good understanding on preparation of full set of accounts.

2 DAYS TRAINING

DAY 1 ( 3 Hours and 30 Minutes)
MODULE 1 : ACCOUNTING CONCEPTS AND EQUATION

• The fundamental Concepts and Assumption in Accounting
• Accounting Equation
• Rules of Double Entry System – Debit and Credit
• The Accounting Cycle

 

MODULE 2 : RECORDING AND ANALYSING BUSINESS TRANSACTIONS

• Understanding the Main Books of Accounting System
• Journal, Ledger and Source Documents
• Books of Original Entries – Types of Journals and Cash Book
• Ledger System – General Ledgers, Subsidiary Ledgers – Posting into Ledger
• Understanding How Accounts Receivable (AR) & Accounts Payable (AP) Work

 

MODULE 3 : FIXED ASSETS ACCOUNTING

• Differentiate between Revenue Expenditure and Capital Expenditure
• Depreciation Methods
• Disposal of Fixed Assets
  
  

DAY 2 ( 3 Hours and 30 Minutes)
MODULE 4 : INVENTORY ACCOUNTING AND METHODS OF VALUATION

• Reasons for keeping stock and the cost associated with the stock keeping
• Different Valuation Methods of Inventory: FIFO, LIFO & Weighted Average
• Advantages & Disadvantages of Each Method of Valuation
  
  

MODULE 5 : UNDERSTANDING THE CASH BOOK AND PETTY CASH

• Understanding the layout of Cash book
• Posting Cash Book Transactions into Ledgers
• Preparing Bank Reconciliation Statements
• Petty Cash and the system of controlling petty cash

 

MODULE 6 : PREPARATION OF FINAL ACCOUNTS

• Balancing Accounts and preparation of Trial Balance
• Preparation Trading Accounts / Profit & Loss Accounts / The Financial Position
• Final Adjustment - Bad Debts, Doubtful Debts, Provision of Taxation etc
• The closures of books and transfer of balances to next financial year

Mr CW TAN
Chartered Accountant
Qualifications:
Fellows Member of Chartered Management Accountant - FCMA (UK)
Chartered Accountant (Malaysia)- CA (M’sia)
Chartered Global Management Accountant (CGMA)
Certified GST Trainer
Competent Toastmaster (CTM)

Mr Tan is a Senior Member (FCMA) of the Chartered Institute of Management Accountants, CIMA and a member of Malaysian Institute of Accountants, MIA since December 1992. He has been a Council Member of the CIMA Malaysia Divisional Council since 1998 until the Divisional Council dissolved in May 2012. Tan is also a duly certified Competent Toastmaster of Toastmaster International.

Tan has had a long and distinguished career as a Management Accountant in a number of well-known Malaysian and International Companies. He started his career in Finance as an Auditor. In 2000, he joined KNM Berhad as Group Financial Controller and played a pivotal role in KNM’s listing submission. In December 2005, Tan returned to his hometown, Melaka and worked for Coats Thread (Malaysia) Sdn. Bhd. as Finance Manager and retired in March 2012 to form WFP.

As the pioneer CIMA Global Membership Assessor from Malaysia, Tan is actively involved in giving talks and doing workshops for potential members who wanted to apply for CIMA membership locally as well as in Singapore and has conducted in house training as well as public training programmes on Finance both locally as well as in Cambodia. With the expansion of more overseasGlobal Membership Assessor, Tan is now a Mentor for two new Assessorsin Malaysia.

All in, Tan has more than twenty-three years of hands-on experience in different areas of management and functions in diverse industries such as in auditing, printing, construction, manufacturing, consultancy, engineering and trading. Other than the Finance, Accounting, Auditing, Taxation, Corporate Finance and Credit Control, some of the other functions include: general management, business development, business strategic planning, performance improvement, quality assurance, human resource management, information technology and management, budgeting and strategic cost management. Tan is also a certified trainer under PMSB, Malaysia. (Certificate No. TTT/6518).

To book Mr Tan for speaking, training or consultancy engagements, please contact us at info@iTrainingExpert.com or +603 8074 9056.

 

"The trainer is very friendly. I learned that this course is very helpful because I can now work easier." - Senior Account Officer, Maldive Gas Pvt Ltd.

 

“I had very limited understanding about the subject before going for this course. The training taught me how to read financial statements and how to become more knowledgeable on finance as a whole. The trainer is very good. Mr. Tan explained in layman terms that made the subject easier to understand. I particularly liked our exercises.” – Nurliyana Ruzlen, Assistant Manager.

 

“I thought accounting was really too difficult a subject to understand. This training taught me the importance of interpreting a company’s financial statements to determine its health. After it was done, I really felt like I knew a lot more about the world of finance. The trainer is very knowledgeable.” – Choi Pek Koon, Assistant Manager, Administration.

 

“Before this course, I was lacking in any basic financial knowledge, but the training taught me how to analyze the financial health of a company from its performance, budgeting and investments. After it was done, I felt as though what I had learned would enhance my skills in decision-making and budget projection to determine the financial performance of my company. The trainer was very knowledgeable in his field and made everything simple to understand.” – Norhafiza bt Amran, Executive. 

 

Payment mode:

1. Online Payment by Credit card: You can opt to register and pay online with our latest payment integration system through our website.

2. Telegraphic Transfer- You can also opt to use GIRO or telegraphic transfer of payment via international banks.