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Training Directory 2022
 
MEF ACADEMY
3A06-3A07, Block A,
Phileo Damansara II,
No. 15 Jalan 16/11, Seksyen 16,
46350 Petaling Jaya,
Selangor Darul Ehsan,
Malaysia

Tel: 603-7955 7778
Fax: 603-7955 1945
 
 
Upcoming Trainings & Events
 
Basic Financial Management (SME Skills Scheme) - 4 DaysOnline Learning-MS Team / Zoom 16-17 Dec & 21-22 Dec2021 (4 Days) - 9.00 AM – 5.00 PM
Download Registration Form
 
*FULLY SUBSIDIZED under SME Skills Scheme
*Limited for 25 pax eligible SME employees
*Participants Registration are subject to the Small Medium Enterprises (SME) document requirements and approval by HRDC as the course fees are 100% paid by HRDC SME Skills Scheme Fund.
 
Course Fees: RM2,500 (included 6% SST) for Non-SME Company
(Can apply SBL Khas)

 
*SME Skills Scheme Terms & Conditions:
Please refer detail at Brochure

*Certificate
Please note the Certificates will be issued upon full settlement of course fees by HRDC and this may be delayed between - 5 months, subject to HRDC approvals.
 
*Upon completion of Online Registration, Please submit documents to chanhow_lim@mef.org.my
1. Participant’s IC copy
2. Certificate from SME Corp or any other Certificate/Registrations proving SME status
3. Copy of Company SSM search (page that consist profile of company that states company’s nature of business)
4. Confirmation letter from employers / confirming SME Status and nominating employee (full name & IC no.) to participate in this training, on letterhead with authorised signature.

*HRD Corp Forms below will be emailed to eligible SME Company upon verification of the above documents.
1. Borang Penyertaan Majikan & Pelatih SME Skills (PSMB/SMESKILLS/1/19)
2. Attendance Form (PSMB/SMESKILLS/3/19)
3. Latest company EPF Contribution Statement (Not Borang A)
 
Overview
In many instances, small companies use outsource services to handle accounts but basic knowledge is essential, especially the day to day management on cash flows and dealing with banks and suppliers.  For non-Financially trained Entrepreneurs or Staff handling Finance and Accounts, basic understanding on Accounting transactions and the Profit & Loss Statements and Balance Sheet will be part of the course. The course will also provide guidelines and training on legal compliance covering business techniques, tax, accounts and effective administration.
 
Objectives
The contents of the course are designed with the objectives that the candidates will attain complete understanding of Financial Management, Internal and External Business environment and the legal requirement for compliance under the Companies Act, Corporate Tax and Audit.
 
Target Group 
Intermediate to Managerial Level
 
Course Outline 
Part 1 Basic Practical Business Accounting 

•The Accounting Equation and Terminology
•The Double Entry System -  Assets and Liabilities
•Accounting for Expenses, Revenue and the effect on Profit or Loss 
•Accounting transactions – Payment Records, Journals and Ledgers 
•Basic Trading and Profit and Loss Accounts and Balance Sheets
•Financial Reports and Directors Responsibilities
 
Part 2 Accounting Concepts and Standards 
•Accounting Concepts
•Statements of Standard Accounting Practice
•Depreciation of Fixed Assets: Nature and Calculations
•Adjustments for Final Accounts: Accruals, Provisions & Prepayments.
•Difference between Capital and Revenue Expenditure
•Significance of Bank Reconciliation Statements
•Existence of Suspense Accounts and rectifications
 
Part 3 Accounting ratios, returns and valuations 
•Introduction to Accounting Ratios – ROI, ROE & ROTA
•Receipts and Payments Accounts and Income and Expenditure Accounts
•What is Goodwill – the Intangible Assets
•Final Accounts of Companies: Format
•Cash Flow Statements: An Introduction
•Basic Financial Analysis and Interpretation of Accounting Statements
•Purchase of Existing Partnership and Businesses - Valuations
 
Part 4 Financial Forecast, Policies and Governance 
•Accounting Policies and Estimates
•Recognition and timing of revenue and expenses
•Non-recurring and Non-Operating items
•The Balance Sheet – the statement on the financial condition of the business
•The Income statement – operating performance of a business
•Cash Flow statement – Information about cash inflows and outflows.
•Financial Integrity – a “true & fair” view
 
Trainer
Song Liew is the Executive Director of ANC Group Sdn Bhd. He is a tax agent licensed by the Ministry of finance, member of MIA, CTIM, ACCA, ASEAN CPA and an approved HRDF trainer. Song provides tax compliance services and tax advisory for both domestic and cross border transactions. He is a trainer/facilitator for tax workshops organised by Malaysian Institute of Accounts, Malaysian Employer Federation, SQL Accounting Software and in-house training for corporations. He has made his appearance in local newspapers, radio station and has conducted more than one hundred trainings with largest audiences of 2,500. He authored Implementation to SST 2.0 and Employer Obligation and Tax Planning Year 2018. He is currently a member of MIA Young Professionals Committee’s Engagement Working Group.
 
This course will also be conducted at the following dates/venues
 
There are currently no events scheduled for other dates or venues.