INTRODUCTION
This course would enable new as well as existing accounting and 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 broader 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 taking place. This may lead to a lack of understanding of the accounting process which can lead 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.
The Government intends to implement e-invoicing in stages starting from 1st August 2024 to Enhance the Efficiency of Malaysia’s Tax Administration. Accounting personnel will need to have a good understanding of the process from both an Income and Expenses perspective. They need to be very familiar with the mechanics of issuing e-invoices so that it can be validated by LHDN and passed on to the customers. This will ensure prompt processing of e-invoices and payment from customers.
WHO SHOULD ATTEND?
New accounting staff, accounts clerks & assistants, secretaries, office administrators, non-financial executives, payroll clerks and other clerical staff.
METHODOLOGY
- Interactive Lectures
- Discussions
- Exercises
COURSE CONTENT
MODULE 1: INTRODUCTION
MODULE 2: THE RECORDING PROCESS WITH JOURNALS AND LEDGERS
MODULE 3: ACCOUNTING FOR INVENTORY
MODULE 4: E-INVOICING
MODULE 5: PETTY CASH, BANK RECONCILIATION STATEMENTS & ADJUSTMENTS
MODULE 6: ACCOUNTING FOR TANGIBLE FIXED ASSETS
MODULE 7: PREPARATION OF FINANCIAL STATEMENTS WITH ADJUSTMENTS
MODULE 8
CERTIFICATE OF PARTICIPATION

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