Online Training:- Practical Accounting Skills Workshop by Gerald Peries A/L V. A. Peries
Date: 6 & 7 July 2022 (Wednesday & Thursday)
Time: 9:00am to 5:00pm
Venue: ON LINE TRAINING
Introduction:
This workshop would enable accounting staff to understand and appreciate the steps performed in the accounting process and their contribution to management decision making.

In today’s computerised accounting world, accounting staff may perform very specific duties as part of the accounting process. They may be involved in one specific area like handling accounts payable, accounts receivable, payroll, cash book, etc.  As a result, they are often too focused in their respective areas of work that they may not be aware or knowledgeable of the other important areas in accounting.

With the advancement of computerised accounting packages, the accounting process is somewhat isolated and as a result these staff do not see the physical transaction actually taking place.  This may lead to a lack of understanding of the accounting process.  Knowledge in these other areas of accounting will enable the staff to contribute more effectively to the organisation.

The accounting staff should also be aware of the types of decision made by management like performance evaluation, budgeting and managing working capital.

An understanding of these management decisions would enable them to appreciate how their functions and information they provide fits into the overall objectives of the organisation.

Objectives:
This workshop will enable accounting staff to do the following:-

- Understand the accounting process and its concepts
- Improve their skills in recording accounting information 
- Appreciate how their job function contributes towards the preparation of financial statements
- Communicate more effectively with their superiors
- Contribute effectively towards management decision making
- Interpret financial statements to understand the financial strengths & weakness of the organization
- Understand the importance and determinants of cash flow and working capital
- Understand and assist in the budgeting process

Program Content:
MODULE 1: INTRODUCTION
What is Accounting?
The Accounting Equation 
Transaction Analysis
Basic Financial Statements
Activity
 
MODULE 2: THE RECORDING PROCESS USING THE DOUBLE ENTRY SYSTEM

JOURNALS & POSTING TO LEDGER
The Creditors Ledger
The  Debtors Ledger
The General Ledger
Assets 
Liabilities 
Capital
Revenue
Expenses
Extracting the Trial Balance
Financial Statements
Activity  

MODULE 3: ADJUSTMENTS AT THE END OF FINANCIAL PERIOD  
Cash Versus Accrual Accounting
Matching Principle
Accruals
Prepayments
Impact on Financial Statements
Activity

ACCOUNTING FOR FIXED ASSETS
Depreciation – Calculation & Recording
Gain or Loss on Sale
Impairment Loss
Impact on Financial Statements
Activity

MODULE 4: PREPARATION OF FINANCIAL STATEMENTS WITH ADJUSTMENTS  
Income Statement
The Balance Sheet
Activity

MODULE 5: FINANCIAL STATEMENT ANALYSIS
Profitability Ratios
Efficiency Ratios
Liquidity Ratios
Gearing Ratios
Case study

MODULE 6: CASH FLOW MANAGEMENT AND ANALYSIS
The Operating cycle
The Cash conversion cycle

MANAGING WORKING CAPITAL COMPONENTS
Importance of Working Capital 
Accounts Receivable Management
Accounts Payable Management
Evaluating  short-term finance
Activity

MODULE 7: INTRODUCTION T0 BUDGETING
Overview of Budgeting
Sales and Collection Budget
Material Purchases Budget
Labour Budget
Overhead Budget
Cash Budget
Budgeted Income Statement
Activity

Methodology:
- Interactive lectures
- Discussions
- Practical Exercises & Case Study

Who Must Attend:
- Accounts Clerks
- Accounts Assistants
- Costing Clerks
- New Accounting personnel

Investment Fees:
RM1,484.00 (Including 6.00% Service Tax) per participant (Standard Fee)
RM1,272.00 (Including 6.00% Service Tax) per participant (Early Bird Fee, register by 01 July 2022)

Group incentive: Register 3 participants from the same organization, the 4th participant is FREE. (Buy 3 Get 1 Free)
Registration:
There are 3 methods to register for this training:
  1. Kindly click here for online registration. Register Now.
  2. Kindly download this registration form, and fill up all the particulars. Please fax back to +6-03-6270-9993. Click here to download Registration Form (177KB).
  3. Call us to register. Tel: +6-03-6270-9883.
Notes:
This Training Programme is HRD Corp Claimable Course *Subject to PSMB conditions.

Pembangunan Sumber Manusia Berhad (PSMB)HRD Corp Registered Training ProviderHRD Corp Claimable
We Are An Approved Training Provider Under HRD Corp Claimable Course With Pembangunan Sumber Manusia Berhad (PSMB/HRD Corp)