Title: HANDLING FULL SET OF ACCOUNTS
Date: 12-13 June 2019 (Wednesday & Thursday)
Venue: The Waterfront Hotel, Kuching
INTRODUCTION
This 2-day course will review in detail the various types of transactions within an organization and how these transactions are understood and accounted for following the fundamental accounting core concepts. The course will provide a walk-through of a large number of basic and complex transactions and the treatment of these in the light of the accounting standards.
It will also include step by step preparation of a full set of Accounts – Profit & Loss Account, Equity Statement, Cash Flow Statement and Balance Sheet management. The course is steered to provide a detailed review of the concept of Monthly Management Accounts and Annual Financial Statements.
THIS COURSE FOCUSING ON:
- Fundamental Accounting Concepts
- Sole Proprietorship, Sdn. Bhd. and Bhd.
- Management Accounts vs. Statutory Accounts
- Underlying Reasons for Preparing a Set of Financial Statements
- Bank Reconciliations and the Rational of the Preparation
- Cash Book Analysis
- Petty Cash Analysis
- Preparation of Ledgers and Control Accounts
- Payroll and the Inclusion of All Related Human Resource Costs
- Concept of Aging and Inclusion in the Balance Sheet
- Loan Accounts and the Treatment of Principal and Interest
- Types of Fixed Assets and the Treatment of Depreciation
- Depreciation Write-Backs Due to Change in Policies
- Treatment of Stocks and WIP
- Profit and Retained Profits
- How and When to Make Provisions
- How and When to Provide for Bad Debts
- How and When to Recognise Sales Invoices
- How to Recognise Profit/Loss on Exchange
- Provision for Taxes
- Inland Revenue Requirements/Details of Certain Expenditure
- Disclosure Requirements
- Preparation for Audit
- Audit Adjustments and Journals
For further information, please contact Joan at +6 088 731 571/410 or email to joan@cfrontier.com
