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.

How is financial accounting different from management accounting? Which do you need to know?

Accounting terms, concepts, double entry rule and accounting cycle

 

Understanding Main Books of Accounting System for any type of Business Operations

Journal, Ledger and Source Documents

Ensuring Relevant Supporting Documents for Accounting Transactions

Books of Original Entries – Types of Journals and Cash Book

Ledger System – General Ledgers, Subsidiary Ledgers – Posting into Ledgers

Proper Classification of Expenses to Avoid problems with Tax Authorities

 

Differentiate between Revenue Expenditure and Capital Expenditure

Making entries for Depreciation and Amortization

Disposal of Fixed Assets

 

Understanding How AR & AP Work & Relate to General Ledger

Performing AR, AP Reconciliation

 

How Inventory Works & Interaction with General Ledger

Different Valuation Methods of Inventory: FIFO, LIFO & Weighted Average

Advantages & Disadvantages of Each Method of Valuation

 

Share Capitals and Accounting Entries

Share Premium Accounting

 

Understanding the layout of Cash book

Posting Cash Book Transactions into Ledgers

Petty Cash Book Compared with Main Cash Book

Preparing Bank Reconciliation Statements

 

Balancing Accounts and preparing Trial Balance to ensure accuracy of double entry system

Detectable / Non Detectable Errors

Trading Accounts / Profit & Loss Accounts / The Financial Position

Final Accounts with Adjustment

The closures of books and transfer of balances to next financial year

Dealing with Bad / Doubtful Debts / Provisions, etc

 

Working in a Computerized Accounting Environment

Difference between Manual and Computerized Accounting

Real Time vs Batch Processing

 

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. 

 

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.