1) FULLY SUBSIDIZED under SME Skills Scheme
*Limited for 12 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.
2) Apply under SBL Khas (NON-SME Company)
Course Fees: RM2,500 (included 6% SST)
3) Direct Payment to MEF Academy (NON-SME Company)
Course Fees: RM2,500 (included 6% SST)
*SME Skills Scheme Terms & Conditions:
Please refer detail at Brochure
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 email@example.com
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)
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.
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.
Intermediate to Managerial Level
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
•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