Accounting Skills For Accounts Clerks & Assistants Workshop by Gerald Peries A/L V. A. Peries
Date: 16 & 17 January 2019 (Wednesday & Thursday)
Time: 9:00am to 5:00pm
Venue: Hotel Melia Kuala Lumpur (Across From Berjaya Times Square)
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 very 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 including GST transactions
- 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
- Assist in the budgeting process

Program Content:

MODULE 1: INTRODUCTION
• What is Accounting?
• Accounting Process
• Role in today’s business
• The Accounting Equation
• Transaction Analysis
• Exercise
  
MODULE 2: THE RECORDING PROCESS USING THE DOUBLE ENTRY INCLUDING GST

JOURNALS & POSTING TO LEDGER
• The Creditors Ledger
• The  Debtors Ledger
• The General Ledger
• Assets including GST – Input Tax
• Liabilities including GST –Output Tax
• Capital
• Revenue
• Expenses
• Extracting the Trial Balance
• Financial Statements
• GST adjustment after six months overdue
• Exercise 

MODULE 3: ADJUSTMENTS AT FINANCIAL YEAR END     
• Cash Versus Accrual Accounting
• Matching Principle
• Accrued Expenses
• Prepayments
• Impact on Financial Statements
• Exercise

ACCOUNTING FOR FIXED ASSETS
• Historical Cost Concept
• Depreciation – Calculation & Recording
• Gain or Loss on Sale
• Impact on Financial Statements
• Exercise

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

MODULE 5: FINANCIAL  STATEMENT ANALYSIS USING RATIOS
• Profitability Ratios
• Efficiency Ratios
• Liquidity Ratios
• Gearing Ratios
• Exercise

MODULE 6: BUDGETING
• Sales and Collection Budget
• Material Purchases Budget
• Labour Budget
• Overhead Budget
• Cash Budget
• Budgeted Income Statement
• Exercise

MODULE 7: WORKING CAPITAL MANAGEMENT
• Importance of Working Capital
• The Operating cycle
• The Cash conversion cycle
• Accounts Receivable & Payable
• Evaluating  short-term finance
• Exercise


Methodology:
- Interactive lectures
- Discussions
- Practical Exercises & Case Study
Who Must Attend:
- Accounts Clerks
- Accounts Assistants
- Costing Clerks
- New Accounting personnel
Investment Fees:
RM1,888.00 per participant (Standard Fee)
RM1,588.00 per participant (Early Bird Fee, register by 07 January 2019)

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 SBL Claimable *Subject to PSMB conditions.

Pembangunan Sumber Manusia Berhad (PSMB)We Are An Approved Training Provider Under SBL Scheme With Pembangunan Sumber Manusia Berhad (PSMB/HRDF)