Online Training:- Handling Full Set Of Accounts by Gerald Peries A/L V. A. Peries
Date: 21 & 22 February 2022 (Monday & Tuesday)
Time: 9:00am to 5:00pm
Venue: ON LINE TRAINING
Introduction:
This course would enable new as well as existing accounting personnel, administration personnel to appreciate and understand the steps in the accounting process, from source documents to the preparation of financial statements. Knowledge in these areas will enable them to be more effective at their job functions.

In today’s computerised accounting environment, accounting staff perform very specific duties as part of the accounting function.  They may be involved in one specific area like handling accounts payable, accounts receivable, payroll, cash book, general ledger, etc.  As a result, they are often very focused in their respective areas but 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, the accounting personnel do not see the physical transaction actually taking place.  This may lead to a lack of understanding of the accounting process which can lead to making errors.  A thorough knowledge of the accounting process will enable the staff to better understand the process thus contributing more effectively to the recording process.

This course is also suitable for administration staff, secretaries and other clerical personnel, who perform some basic accounting functions but have limited knowledge of accounting.

Objectives:
At the end of the training, participants will be able to:

Understand the entire flow in the Accounting Process.
Accurately record business transactions while minimizing errors.
Value and record inventory
Manage and record petty cash
Do a bank reconciliation statement
Make adjustments to accurately match revenue with expenses
Calculate and record depreciation and impairments on tangible assets
Prepare Financial Statements and do the closing process.

Program Content:
MODULE 1 : INTRODUCTION
What is Accounting
Accounting Process
Role in today’s business
The Accounting Equation 
Transaction Analysis
Simple Financial Statements
Exercise

MODULE 2: THE RECORDING PROCESS WITH JOURNALS AND LEDGERS 
Recording in The Journal
The Creditors Ledger
The Debtors Ledger
The General Ledger
 Assets 
Liabilities 
Capital
Revenue
Expenses
 Extracting Trial Balance
Financial Statements
•        Correction of errors 
o Exercises

MODULE 3: ACCOUNTING FOR INVENTORY
Measurement
Cost using FIFO & Weighted Cost method
Impact on Financial statements
Perpetual versus periodic system
Exercise

MODULE 4: PETTY CASH, BANK RECONCILIATION STATEMENTS &  ADJUSTMENTS 
Cash versus Accrual Accounting
Matching Principle
Accrued Expenses
Prepayments
Unearned Revenue
Bad Debts & Provision for Doubtful Debts
Recording in Ledger
Impact on Financial Statements
Exercises

MODULE 5: ACCOUNTING FOR TANGIBLE FIXED ASSETS 
Historical Cost Concept
Depreciation Calculation & Recording
Gain or Loss on Sale
Recording in Ledger
Impact on Financial Statements
Exercise

MODULE 6: PREPARATION OF FINANCIAL STATEMENTS WITH ADJUSTMENTS 
Limited Company Background
The Income statement /  The Profit & Loss Statement
The Balance Sheet
Closing Process
Exercise

MODULE 7: STATEMENT
Statement of Cash Flow 
Exercise

Methodology:
Interactive Lectures
Discussions
Exercises

Who Must Attend:
New accounting staff, accounts clerks & assistants, secretaries, office administrators, non-financial executives, payroll clerks and other clerical staff.
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 17 February 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)We Are An Approved Training Provider Under HRD Corp Claimable Course With Pembangunan Sumber Manusia Berhad (PSMB/HRD Corp)