Handling Full Set of Accounts

Many people with little or no relevant training find themselves assigned to positions in the accounts sections of their organizations. A basic knowledge of bookkeeping principles, concepts, frameworks and reporting requirements is important for anyone who is already in or likely to be posted to their accounts division.

Over the two-day program, participants will be introduced to the various components of a full set of accounts, including financial statements, general ledger, and subsidiary ledgers. They will also learn about the accounting cycle and how to apply it in practice.

Throughout the program, participants will engage in interactive activities and case studies to reinforce their understanding of the concepts taught. The program will also cover important accounting principles, such as the accrual basis of accounting and the matching principle.

Introduction to Accounting

• What is Bookkeeping and Accounting?
• The Accounting Process
• Role in today’s business
• The Five Categories of Accounts
• Assets versus Expenses
• Definition of Key Terms
• Generally Accepted Accounting Principles
• Difference between Cash and Accrual Accounting

The Recording Process

• The Accounting Equation
• Transaction Analysis
• Double Entry System of Bookkeeping
• Extracting the Trial Balance

Books of Original Entry

• Cash Book
• Sales & Purchase Journal
• Returns Journal
• The General Journal

Posting to Ledger

• The Payables/Receivables Ledger
• The General Ledger

Preparing Basic Financial Statements

• Statement of Financial Performance (Income Statement)
• Statement of Financial Position (Balance Sheet)

Adjustments at Financial Year End

• Matching Principle
• Accrued Expenses
• Prepayments
• Unearned Revenue
• Bad Debts & Provision for Doubtful Debts
• Reconciliations – Bank, Receivables, Payables
• Impact on Financial Statements

Accounting for Fixed Assets

• Historical Cost Concept
• Depreciation – Calculation & Recording
• Gain or Loss on Sale
• Impact on Financial Statements

Preparation of Financial Statements with Adjustment

• Statement of Financial Performance (Income Statement)
• Statement of Financial Position (Balance Sheet)

SUCHITRA MAHENDRARAJ
Chartered Accountant (CA) of the Malaysian Institute of Accountants
Fellow of the Chartered Association of Certified Accountants (FCCA), UK, Associate of the Chartered Institute of Management Accountants (CGMA), UK
Certified trainer by Advanced Training (UK) Ltd
Certified HRD CORP trainer, Malaysia

Ms Suchitra Mahendraraj is professionally qualified accountant. She is a Finance consultant turned trainer. Working as a consultant in training for the past 16 years, she has contributed to the success of many projects and programmes. 

She is a professionally qualified accountant.  She is also a Fellow of the Chartered Association of Certified Accountants (FCCA), UK, an Associate of the Chartered Institute of Management Accountants (CGMA), UK, and Chartered Accountant (CA) of the Malaysian Institute of Accountants. 

During her working career, she has been involved in areas such as business advisory, audit, human resources, finance and administration and training.  She has wide and extensive knowledge in various industries.

Suchitra’s training style is refreshing and energetic, relaxing her audiences whilst inspiring them to take action. She is a lively, energetic & engaging facilitator who will compel you to think of your organisational and personal growth stirring creativity and motivation to act.

She approaches learning from an integrated perspective, dedicates herself to helping organisations manage the human side of change in ways that produce powerful, positive and sustainable results.

She has personally trained many organisations ranging from SMIs to large MNCs covering areas ranging from Finance and Finance related, Leadership, Professional Development and Teambuilding. 

Some of the organisations that she has conducted trainings are:
 

Chartered Institute of Management Accountants (CIMA Malaysia, Hong Kong)

Asia Business Forum

Automobile Association of Malaysia (AAM)

University Tunku Abdul Rahman (UTAR)

Sunway Group Bhd

RB Land Holdings Bhd

UMW Corporation Bhd

DR Group Holdings Bhd

Telekom Malaysia

Kementrian Pembangunan Usahawan dan Koperasi

Jobstreet

Lembaga Getah Malaysia

Samsung SDI Sdn Bhd

Securities Commission

DMIB Sime Tyre International

Rahman Putra Club

Igel (Malaysia) Sdn Bhd

Avago Technologies Sdn Bhd

MBF Cards Sdn Bhd

Maersk Sdn Bhd

Sony Malaysia Sdn Bhd

Multimedia Development Corporation Sdn Bhd

International School of Kuala Lumpur

Avago Singapore Pvt Ltd (Singapore)

Supermax Glove Manufacturing

Shell LPG

Toyota Capital

Kingfisher Asia Limited (Hong Kong)

Hang Seng Bank (Hong Kong)

Hong Kong International Certified Public Accountants (HKICPA)

KFC Holdings

Ayamas Corporation Bhd

Volvo (M) Sdn Bhd

Zon Regency Hotel

GD Express Sdn Bhd

HSBC

Rubberex (M) Berhad

Petronas-BASF

Institut Perakaunan Negara (Accountant General, Malaysia)

Selangor State Treasury

Arunamari – Manipal Hopsital

Leisure Farm Resort

TSI Holdings

Langkawi Development Authority (LADA)

Pelabuhan Tanjung Pelepas (Johor)

LBS Bina

Ericsson

Hitachi

Lembaga Air Kuching

International Medical University (IMU)

Tanjong Golden Village (TGV)

Sime Darby Plantations

MRT Corp

Coffee Bean & Tea Leaf

Duopharma Berhad

FELCRA

PERKESO

PTPTN

KOPETRO

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