OVERVIEW

Business Accounting is “keeping records of what is bought, sold, owed, and owned; what money comes in, what goes out, and what is left.” Business Accounting is part of the accounting cycle, and bookkeepers’ work.

This is a very simple to understand and straight forward programme tailored for those who require these set of skills.

OBJECTIVE

This course would enable new and existing staff to appreciate and understand the steps in the accounting process, from source documents to the preparation of financial statements.

WHO SHOULD ATTEND

• Accounts executive and assistants
• New accounting staff
• Costing staff
• Secretaries
• Office administrators
• Non – financial executives
• Payroll staff
• Any other staff requiring this knowledge

OVERVIEW

In order to be effective in Fast Closing & year end accounts, you need to have the financial management skills to problem solving.

This course will help to provide you with an environment that stimulates proactive behavior in order to achieve greater goals for yourselves and your organization.

By creating financial value for your organization, you will be amazed at the speed of career advancement. Real-current financial issues & cases will be analyzed and scenario solutions will be provided under the guidance of our trainer.

OBJECTIVE

By the end of this course, you will be able to:

1. Why cannot Fast Closing Monthly & Year-End Accounts?
2. Critical Roles of The Finance Function
3. Redesign Finance Function
4. Implementing Process Improvement Project
5. Redefining the Role for Finance Managers

WHO SHOULD ATTEND

• Entrepreneurs
• Bankers
• Accountants
• CFO
• CEO
• Business Managers
• Finance Managers
• Supervisors
• Managers

OVERVIEW

Modern businesses are an epitome of uncertainty and complexity. Over the period, this uncertainty and complexity in business has led to the development of various managerial tools, techniques and procedures useful in managing business successfully.

Of all these, budgeting is the most common and widely used standard device for planning and control.

So, if companies intend to succeed within today’s turbulent markets, their Business Plans must be looked at carefully and constantly integrated with Budgeting, Forecasting and Cost Analysis.

This course will provide candidates with the skills and forecasting techniques to develop a budget as a plan to use and control and analysis of variances to actual to identify areas in which financial performance may be improved.

OBJECTIVE

On successful completion of this workshop, the participants are expected to be able to:

• Build integrated planning, budgeting and reporting process
• Improve their budgeting / financial skills required for better decision-making
• Understand costs behaviour more accurately
• Deliver more timely and useful information to decision-makers
• Explain typical costing and budgeting terminology used in business
• Improve their management abilities
• Increase their understanding of forecasting and budgeting techniques
• Understand the problems of overheads and how Activity – Based Analysis may aid decision – making and pricing strategies
• Facilitate the elimination of non – value activities and the reduction of costs within your organisation
• Ensure that processes of business planning, budgeting and management reporting are robust in themselves and suitable for their organisation

OVERVIEW

Nowadays, businesses are concerned that their tax returns may trigger a tax audit or investigation. Did you know that the Inland Revenue Board (IRB) uses the tax returns not only to collect economic statistics, but to also examine and analyse taxpayers’ activities and performance? This information is used to determine if an audit or investigation is required. It is thus crucial for taxpayers to understand and comply with the various provisions to ensure that their returns are completed accurately.

This programme will guide you through all the sections of the various forms that may need to be submitted for year of Assessment 2023 and the impact of the data provided. In addition, participants will also understand the necessary deduction under EPF, SOCSO, EIS and HRDF legislations as well as the Income Tax act 1967.

OBJECTIVE

• Having a better tax planning knowledge of the rights and obligations of the employer / employees
• Gaining a better grasp of the legal requirements in the EPF Act 1991, SOCSO Act 1969, HRDF 2001 & Income Tax Act 1967
• Understanding the various sections where its compliance will make you richer in knowledge – and your company, law – abiding
• Providing the minimum standards / terms and conditions of employment in your contract of service to new hirer

WHO SHOULD ATTEND

• CEOs
• General Managers
• Human Resource Managers & Executives
• Payroll Personnel
• Financial Controllers
• Managers & Accountants

OVERVIEW

Modern businesses are an epitome of uncertainty and complexity. Over the period, this uncertainty and complexity in business has led to the development of various managerial tools, techniques and procedures useful in managing business successfully. Of all these, budgeting is the most common and widely used standard device for planning and control. So, if companies intend to succeed within today’s turbulent markets, their Strategic Business Plans must be looked at carefully and constantly integrated with Budgeting, Forecasting and Cost Analysis.

This training course will enable delegates to develop a framework that links strategies to annual budget and targets and aims for world class levels of management and organisational performance.

Furthermore, it will provide delegates with the skills and forecasting techniques to develop a budget as a plan, and use control budgets and analysis of variances to actual to identify areas in which financial performance may be improved.

OBJECTIVE

On successful completion of this workshop, the participants are expected to be able to:

• Improve their ability to think strategically and participate in the integration of the organisation’s strategic management and budgeting processes.
• Use forecasting techniques most appropriate to their organisation’s strategic planning and budgeting
• Apply the techniques that relate to the key principles of financial management
• Appreciate the behaviour of costs and identify the costing methods that may best be used in financial planning, budgeting and budgetary control
• Use best practice to develop operating budgets, capital expenditure budgets and cash flow budgets and forecasts in line with organisational strategic objectives
• Ensure that processes of business planning, budgeting and management reporting are robust in themselves and suitable for their organisation

OVERVIEW

There is a greater need to understand financial information, particularly the balance sheet, profit and loss account and cash flow statement as companies strive to enhance their shareholder value. By raising financial awareness, participants are better able to manage businesses’ revenues, costs, profits and cash.

Modern businesses are an epitome of uncertainty and complexity. Over the period, this uncertainty and complexity in business has led to the development of various managerial tools, techniques and procedures useful in managing business successfully. Of all these, budgeting is the most common and widely used standard device for planning and control.

So, if companies intend to succeed within today’s turbulent markets, their Strategic Business Plans must be looked at carefully and constantly integrated with Budgeting, Forecasting and Cost Analysis.

OBJECTIVE

On successful completion of this workshop, the participants are expected to be able to:

• Understand the Importance of Finance and Interpretation of Financial Information
• Understand the Finance Fundamentals
• Examine Financial Statements by using Key Ratios such as ROI
• Improve their ability to think strategically and participate in the integration of the Organisation’s strategic management and budgeting processes
• Use forecasting techniques most appropriate to their organisation’s strategic planning and budgeting
• Apply the techniques that relate to the key principles of financial management
• Appreciate the Behaviour of Costs and identify the costing methods that may best be used in financial planning, budgeting and budgetary control
• Use best practice to develop operating budgets, capital expenditure budgets and cash flow budgets and forecasts in line with organisational strategic objectives
• Ensure that processes of business planning, budgeting and management reporting are robust in themselves and suitable for their organisation.