Overview

Objectives:
¨To provide an excellent opportunity for the participants to acquire practical knowledge on Accounting, Inventory and Payroll systems with strong emphasis on the principles of accounting, inventory and Malaysian payroll with practical approach to setting up an accounting, inventory and payroll system manually, and a better understanding of the financial statements.

Benefits:
This practical module covers many accounting topics with easy-to-follow assignment and explanations relating to the required practices of setting up a full set of accounting books, inventory and payroll system manually with illustrations and examples of actual problems face by book-keepers, accounting and office administration personnel.

Career Prospects:
An excellent career and business advancement opportunity for every office administrator, business owners, directors, managers, finance and accounting personnel after acquiring Malaysia-Industry Practical Accounting knowledge and proper technique of setting up and maintaining a full set of accounting books, inventory and payroll system for an enterprise.

Course Outline:

Module 10
Basic Accounting Principles & Book-Keeping
(One-Day Workshop)

• Double Entry Book-Keeping
• Assets and Liabilities
• Capital and Revenue Expenditure
• The Books of Prime Entry
• Cash Books, Petty Cash Book, Day Books
• The Journal and the Ledgers
• The Trial Balance
• The Trading and Profit and Loss Account
• The Balance Sheet
• Filing system of accounting documents
• Assignment, Question & Answer Session

Module 11
Advanced Book-Keeping And Final Accounts
(One-Day Workshop)

• Total or Control Accounts
• Provisions, Reserves, Depreciation
• Suspense Accounts
• Manufacturing Accounts
• Partnership Accounts
• Company Accounts
• Preparation of Books and Accounts For Audit
• Interpretation and Accounting Ratios
• Assignment, Question & Answer Session

Module 12
Practical Inventory and Payroll Systems
(One-Day Workshop)

• Introduction To Accounting For Inventories
• Inventory Valuation: FIFO, LIFO, Average Cost, Standard Cost
• Accounting For Stocks
• Assignment , Question & Answer Session
• Introduction To Malaysian Payroll System
• Employment Requirements & Labour Law Compliance
• EPF, Socso, & Income Tax Deductions
• Setting Up Payroll System and Up-Keeping
• Preparation of Payslip and Reports
• Submission of Deductions To Relevant Govt. Departments
• Assignment, Question & Answer Session

Who Should Attend:

• All business owners of Sole-proprietors, Partnerships and Limited Companies.
• Office Administrators, Finance & Accounting Personnel, Directors & Managers.
• School Leavers, Graduates and anyone who intend to work in the accounting and administration department of private sector.

Venue, Day & Time:
This module will initially be conducted only in Kuala Lumpur at our own premises ( with a minimum of 10 participants per session):

Venue:
8-2 & 8-2A, Jalan 9/125D,
Taman Desa Petaling,
57100 Kuala Lumpur, Malaysia.
Tel: 603-90583718, Fax: 603-90580935

Day: Week Day, and Saturday

Time: 9.00 am to 5.00 pm.