Course Objectives
The objectives of this course is to do revision and to ensure accounts executives and accounts officer with five years and more experiences and with the relevant experiences able to handle the followings:
- Ensure all property, plant and equipment, PPE of the company is properly recorded.
- Ensure the accuracy of the Monthly Management Report.
- Ensure the HP status monitored and monthly HP repayment is paid within the timeline.
- Ensure the financial report is prepared according to the appropriate business entities.
- Provide information regarding total cost incurred in producing each product.
Course Content
There are five modules in this course.
The modules are as follow: -
- Property, Plant and Equipment (PPE)
- Financial Report
- Hire Purchase (HP)
- Business Entities Reporting
- Costing
- PROPERTY, PLANT AND EQUIPMENT (PPE)
- Gather PPE information and documents
- Calculate PPE Net Book Value (NBV)
- Prepare PPE schedule
- FINANCIAL REPORT
- Manage Accounts Payable (AP)
- Manage Accounts Receivable (AR)
- Manage Unclaimed Money
- Review bank reconciliation
- Review month end financial statement
- Incorporate branch financial statement
- Prepare Monthly Management Report (MMR)
- HIRE PURCHASE (HP)
- Secure HP financing
- Prepare HP schedule
- Monitor HP status
- BUSINESS ENTITIES REPORTING
- Identify types of business entities
- Differentiate financial reporting elements in each business entities
- COSTING
- Gather costing information and documents
- Prepare standard costing
- Prepare actual costing
- Prepare costing variances
- Calculate Break Even Point
- Prepare inventory valuation
LEARNING OUTCOME
The learning outcome of this course is that the trainees able to handle the following:
- Able to ensure all PPE of the company is properly recorded.
- Able to ensure the accuracy of the Monthly Management Report.
- Able to ensure the HP status monitored and monthly HP repayment is paid within the timeline.
- Able to ensure the financial report is prepared according to the appropriate business entities.
- Able to provide information regarding total cost incurred in producing each product.
Who should attend
Accounts Assistant, Accounts Clerk, Accounts Executives, Director, Financial Controller.
