[Bangsar 2-Day] IAAP Certificate (UK) in Handling Full Set of Accounts
Course Information
  • 06-Oct-2022
  • Pullman Hotel, Bangsar
  • Winson Han
  • English
  • RM 1750 RM 1650
    Until 02 Oct 2022
  • 9:00am - 5:00pm

 

Handle a Full Set of Accounts (or Books) is a common phrase used to describe an ability/ capability of a person in being able to take charge of the accounting function in a company or business. This is the most basic and essential function where documents are gathered, transactions recorded, classified, and posted into the relevant ledgers and finally categorized into revenue, expenses, assets, liabilities in the financial statements.

Staff in the accounts (finance) department must appreciate the entire process of how a “full set of books is written” up, to be effective in their job. Business executives on the other hand may want to tap on “accounting” information from the system and to better interact with the accounts department to enhance cooperation and to secure their support in achieving their departmental objectives.

 

 

[02] LEARNING OBJECTIVES

• To provide participants with the skills to “write a full set of books” from accounting transactions to preparation of the financial statements

• Get an overview of the entire accounting system and understanding of how transactions are sorted, classified, and categorized into meaningful financial information

• Learn and understand accounting principles, concepts, and methodologies
• Learn how to prepare the final accounts – Balance Sheet and Income Statement

• To understand and be able to utilize accounting information in their works and to improve effectiveness and efficiency
• To enable participants to better interact with the accounts or finance department to enhance cooperation and to secure their support in achieving departmental objectives
• Understand how legislations like Companies Act and Income Tax Act govern the accounting function.

 

 

[03] METHODOLOGY

Interactive lectures plus hands-on exercises, case studies & group discussions.

 

 

[04] METHOD OF ASSESSMENT

Assessment will be provided at the end of the course and submit online for review. Upon successfully passing the assessment, IAAP Certificate will be awarded

 

 

[05] WHO SHOULD ATTEND

• Accounting personnel who need a throughout understanding of the mechanics of accounting & to assume other roles in or to progress within the accounts department

• Accounting personnel who are or intend to be self-employed
• Managers, executives, and staff of non-finance departments
• Anyone who uses financial numbers and need to understand how such numbers are derived from
• Anyone who wish to obtain a good working knowledge of business accounting to enhance their relationship with the Finance department
• Managers and executives involved in investigative work and for which an understanding of what goes behind the numbers would enhance their performance

 

 

[06] DATE, TIME & FEE

 

Date:      6 - 7 October 2022 (Thu - Fri)

Time:      9.00am - 5.00pm

Venue:   Pullman Hotel, Bangar

Level:     Intermediate

 

 

FEE:   [HRD Corp Claimable]

 

   - Early Bird Offer (before 18 Sep 2022)    -     RM 1,550

   - Special Offer (before 2 Oct 2022)     -     RM 1,650

   - Normal Fee     -     RM 1,750

 

>> Fee includes Course notes, Certificate of Attendance, Transcript, IAAP Certification Exam Fee, IAAP Certificate (if passed), Lunches, Refreshments and 6% Service Tax

 

 

** OFFER **

- 10% Cashback for SST2u Learner Card+ (SLC+) members. T&Cs applied.

 

 

[07] COURSE OUTLINE

 

 

DAY 1

 

 

[01] OVERVIEW OF FINANCIAL ACCOUNTING

• Definition
• Understanding Accounting and Bookkeeping

• The needs and uses of accounting

 

 

[02] ACCOUNTING FUNDAMENTALS

• An overview of the financial accounting system
• The Accounting Equation – Debit & Credit
• Accounting documentation and records keeping

• Accounts, classification
• System of check and balance

 

 

[03] WRITING THE BOOKS (MODULES) OF ACCOUNTS

• Chart of Accounts, Legal Entities and Business Nature

• Cash & Petty Cash Book (Receipts and Payments)
• Sales Ledger (Accounts Receivable)
• Purchases Ledger (Accounts Payable)

• Journal Entries

• General Ledger

 

(Participants are required to do the “writing up” to appreciate the working of the Ledgers’ System and to draw up the Trial Balance and preparation of the final accounts – Income Statement and Balance Sheet)

 

 

DAY 2

 

[04] FINALIZING THE ACCOUNTS AT YEAR-END

• Balancing accounts and Trial Balance
• Provisioning and writing off expenses – depreciation, bad debts, etc.

• Using suspense, clearing and control accounts.
• Correction of errors and adjustments
• Closing the accounts / books

 

 

[05] PREPARATION OF FINANCIAL STATEMENTS

• Income Statement
• Balance Sheet
• Cash Flow Statement

 

 

[06] ACCOUNTING PRINCIPLES

• Concepts, Principles and Assumption

• Conventions
• Key Accounting Definitions

 

 

[07] LEGISLATIONS AND IMPACT ON ACCOUNTING

• Companies Act, 2016
• Income Tax Act, 1967 and Public Rulings

 

COURSE REVISION, ASSESSMENT & Q&AS

 

 

[08] TRAINER PROFILE

 

WINSON HAN

CA (M) CA (ANZ) B COM 

- Chartered Accountant, Consultant, HRDF Certified Trainer

 

Winson is a Chartered Accountant by profession and has over 40 years of experience having served in various roles as practicing accountant, company secretary, financial controller and management consultant. He presently consults and advises companies to better manage their businesses through an integrated process covering strategic planning; tactical design, planning (financial and otherwise) and implementation; and monitoring, review and analysis. He also consults on SST/ GST for covering compliance and implementation. He is a Customs approved GST tax agent. Besides consulting, Mr. Han is also actively involved in conducting public and in-house seminars targeting the non-financial audience in financial management and analysis, financial planning & budgeting, cost management, SST/GST and credit and cash flow management.

He is a PSMB (HRDF) certified trainer and holds a degree in commerce from New Zealand and is a member of the newly merged institute known as “Chartered Accountants Australia and New Zealand” and Malaysian Institute of Accountants

 

 

[09] ABOUT IAAP UK

The International Association of Accounting Professionals (IAAP) has been established to provide internationally recognised qualification for accounting professionals and, through that recognition, to enhance their status in the financial and business communities. Holders of a current IAAP membership certificate can enjoy the benefits of this international recognition in their careers. The IAAP ‘Accounting Professional’ also enjoys the prestige and status that is conferred by this title. IAAP is a wholly owned subsidiary of the prestigious International Association of Bookkeepers which is headquartered in the UK. The International Association of Bookkeepers (IAB) has over 10,000 members across 60 countries, and is one of the most prestigious not-for-profit organisations for professional bookkeepers in the world. Regulated in England by Ofqual (the Office of Qualifications and Examinations Regulation - a non-ministerial government department that regulates qualifications, exams and tests), the IAB is both a government-approved and a statutory supervisory body. Setting world-class standards, IAAP and the IAB offer students worldwide the chance to gain the very best financial qualifications – as well as lifelong skills.

 

Website: www.IAAPUK.org

 

 

[10] ENQUIRY & REGISTRATION

 

Enquiry:  Yes@sst2u.com 

Registration:  https://www.sst2u.com/detail.aspx?id=2235

Contact:

  - Teo (011 - 3178 9203)

  - Logesh (012 - 503 0346)

  - Siti (012 - 383 8603)

  - Han (019 - 323 0507)