TIMES   MANAGEMENT   TRAINING   SDN.  BHD.

100%    Claimable   from  HRDF (Approved Training Provider No. 2144)

 

 

‘Training Quality, Our Priority’

 

24-25 MAY 2012 SEBERANG JAYA/PRAI, SUNWAY HOTEL

6-7 JUNE 2012 KUALA LUMPUR, DORSETT REGENCY HOTEL

 

 

 

 

PLUS PRACTICAL EXCERCISE

 

·         Participants are required to prepare a full set of accounts i.e. preparation of journals, posting to ledger, preparation of trial balance, prepare month-end adjustments, prepare income statement and balance sheet.

 

 

CALCULATOR REQUIRED

 

COURSE  CONTENT

 

 

1.    UNDERSTANDING of ACCOUNTING

 

·         What is Accounting?

·         Function of accounting - Users and uses

·         3 Main Accounting equations

·         2 Accounting Principles

·         Financial Reports –

·         Balance Sheet

·         Income Statement

 

 

2.  THE RECORDING PROCESS

 

·         Reporting deadlines

·         The recording process illustrated

·         Journalizing

·         Posting

·         Trial Balance

 

 

3. ADJUSTING THE ACCOUNTS

 

·         Need for adjusting entries

·         Types of adjusting

·         Adjusting entries for prepayment

·         Adjusting entries for accrual

·         Journalizing and posting adjusting entries

·         Adjusted trial balance

·         Financial statements from adjusted trial balance

·         Other adjustment: bad debt and provision for doubtful debt

 

 

4.       COMPLETING THE ACCOUNTING CYCLE

 

·                     Closing the book

·                     Preparing a post-closing trial balance

·                     Correcting entries

·                     Presentation of Data - Income Statement and Balance Sheet

 

 

5.       COMPUTERIZED ACCOUNTING

 

·         How to maintain a full set of accounts in a computerized system?

·         Differences between accounting application software and enterprise resource planning (ERP) application software

·         Common features in a computerized accounting system.

 

 

6.       ACCOUNTS RECONCILIATION

 

·         What is accounts reconciliation

·         The need to perform accounts reconciliation

·         Performing accounts  reconciliation

·         Bank accounts reconciliation

·         Frequency of accounts reconciliation

 

 

7.       ACCOUNTING TRANSACTIONS

 

·         Accounting transactions that common to most companies –

·         Sales Revenue

·         Fixed Assets

·         Inventory

 

 

8        SALES REVENUE

 

·         What is and what is not Sales Revenue

·         When to recognize Revenue

·         Accounting for Cash and non-cash sales (Debtors)

·         Accounting for prepaid or contractual sales

·         Recognizing and Accounting for Cost of Goods Sold

·         Performing revenue reconciliation

 

 

9.       FIXED ASSETS

 

·         Accounting treatment for purchase of fixed assets

·         Fixed assets depreciation 

·         Fixed assets disposal

·         Fixed assets revaluation

 

10  INVENTORY

 

·         Difference between periodic inventory and perpetual inventory recording system

·         FIFO (first-in-first-out), LIFO (last-in-first-out) and Weighted Average valuation methods

·         How to handle inventory value in period-end closing

 

 

 

Who Should Attend

 

Accounts Assistants, Accounts Supervisors, Office Administrators, Secretaries, Administrative Assistants, New Accounting Personnel and Non-Financial Executives

 

 

COURSE LEADER  1

 

Mr. TAN AI CHEW is currently a lecturer cum chief administrator of a private higher learning institution offering professional courses in Accountancy, business administration and computer studies. He has more than 20 years of experience in accountancy subjects, preparing students for professional examinations such as The Chartered Institute Of Management Accounts (CIMA,U.K.), The Association Of Chartered Certified Accountants (ACCA, U.K.), The Institute Of  Chartered Secretaries And Administrators ( ICSA, U.K.). Under his guidance, many students had successfully completed their courses and become professional accountants and qualified company secretaries  and  administrators.

         

Mr. Tan acquired extensive  experience as:

•  Senior Audit Officer in an established  audit firm.

•  Accounts Manager in a construction Company.

•  Partners  in  an  accounting  and Consultancy firm

·         Managing Director of a private college

·         Financial Controller in an international logging company operating in Gabon, Africa and The Solomon Islands, South Pacific

         

His practical experience includes:

•  Audit of different types of companies including factories, banks, plantations.

•  Preparation of working papers for Loan  application.

•  Introduction and  implementation of accounting system for new companies.

•  Preparation of budgets and monitoring  of  budgetary  control.

•  Management report and involvement in decisions making at management  level.

 

COURSE LEADER  2

 

KENNETH F.C. TAM has 23 years of industrial experience in Finance , Accounting, Administration. He has held various Managerial Positions in PETRONAS and has undertaken various assignments within the Group in the area of Strategic Planning and Corporate Budgeting , Financial Reporting, Project and Property Development as well as other finance related matter .

 

He is actively involved in seminar and workshop organised by Australia Society of Certified Public accountant. He has also presented numerous papers and conducted training in Accounting and Corporate Finance related topics throughout Malaysian and Singapore.

 

In addition, he has been lecturing extensively in various colleges for the past 18 years specializing in Strategic Finance Management, Performance Measurement, Financial Reporting for various Professional Examination, namely ACCA, MICPA and ICSA.

At present , Kenneth is also a independent non-executive director for two companies to be listed in Bursa Malaysia.

 

Mr. Tam is a fellow member of the Chartered Association Of Certified
Accountant (FCCA ), Associate Member of the Chartered Institute of
Management Accountant (ACMA)and a Chartered Accountant of

The Malaysian Institute of Accountant (CA).

 

 

EARLY BIRD DISCOUNT

RM960.00 per person

PENANG – register by  10 MAY 2012

KUALA LUMPUR – register by 23 MAY 2012  

 

COURSE FEES

The fee is RM 990.00 per person. Full fee is required with your registration. The fee includes luncheon, coffee/ tea breaks and training materials.

 

 

 

 

 

 

 

COURSE TIMINGS

Registeration : 8.30 a.m.                 morning coffee : 10.30a.m.        course ends : 5.00p.m.

Course Starts : 9.00 a.m.                 Lunch & zohor : 1.00p.m. – 2.00p.m.

 

SPECIAL DISCOUNT ARE AVAILABLE FOR:

5% - 2 to 3 persons                      10% - 4 and above

 

SBL SCHEME

Companies must apply directly to HRDF. SBL Scheme will be based on the individual merit of each application.

 

CHEQUES

Payment by cheques should be crossed and made payable to TIMES Management Training Sdn. Bhd.

 

WRITTEN CANCELLATION

Registration cancelled 14 days prior to the event are subject to a RM100 service charge. There will be no refunds for notice received less than 14 days prior to the event. A substitute maybe made at any time at no extra cost.

 

For further assistance, please contact:

 

Penang : Kym   Tel : 04-323 1286   H/P: 019-410 1286   Fax: 04-324 9110

Kuala Lumpur : Jane  Tel: 03-5192 0620    H/P: 019-410 0620   Fax: 03-5192 0820

 

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