Handling Full Set Accounts Training Malaysia
A practical accounting course designed to help participants understand how transactions connect from double entry to Profit & Loss, Balance Sheet, and Cash Flow — so they can prepare a full set of accounts with more confidence, clarity, and fewer errors.
Feel Like You’re Doing the Work, But Still Not Fully Confident With the Accounts?
This course is designed for participants who handle bookkeeping or accounting work, but still want stronger confidence when it comes to preparing a proper full set of accounts.
record accounting entries but still feel unsure when it comes to closing the accounts properly?
struggle to reconcile balances or identify where mistakes happened?
know parts of bookkeeping, but not fully how Profit & Loss, Balance Sheet, and Cash Flow connect?
prepare accounting records without feeling fully confident that the final numbers are right?
Build Stronger Confidence in Preparing a Full Set of Accounts
This course builds essential accounting and financial knowledge to help participants perform bookkeeping and prepare a full set of financial accounts. Participants will learn financial accounting from the ground up, including how to prepare and understand key statements, and how daily operations affect the company’s financial position.
It also helps participants understand how real-world judgement is applied in accounting estimates and methods — so they do not just key in entries, but understand what the numbers mean and how they affect the final accounts.
What Participants Will Learn
Understand key accounting principles and standards
Use essential accounting terms correctly and more confidently
Differentiate Profit & Loss versus Balance Sheet and understand how they link
Understand how daily operations affect company finances and vice versa
Understand different types of reports, cash flow, and basic investment analyses
Prepare final accounts with better clarity and fewer errors
Suitable for Teams and Individuals Handling Accounts
2-Day Programme Structure
The outline below stays close to the course brochure and is designed to build accounting understanding step by step.
- Definition and description of key terminology and functionality in finance and decision-making cases
- Profit and Loss Account
- Balance Sheet
- Cash Flow Statement
- Fundamental of accounting principle
- Profit and loss account element (Revenue, other income, Cost of sales, other expenses, and admin expenses)
- Recognition of revenue
- What is other income?
- The impact of other income in taxation
- Introduction of cost of goods sold
- Different types of cost of sales
- Administrative expenses, other expenses, marketing & distribution expenses
- Key elements of Cost of Goods Sold
- Different methods of costing
- How costing affects pricing strategy
- How cost of goods sold relates to inventory management
- Key elements of administrative expenses, other expenses and marketing & distribution expenses
- Difference between accounting vs tax recognition on expenses
- Tax deductible vs non-tax deductible expenses
- Categories of expenses
- Guidance on filing on the expenses
- Categories of assets: non-current asset and current asset
- Recognition of fixed asset
- Small value asset can be charged out as expenses
- Preparation of fixed asset listing and depreciation
- Element of current asset
- Trade debtors
- Preparation of reconciliation of trade debtors’ statement
- Other debtors, deposits and prepayment
- Maintenance account on other debtors, deposits and prepayment
- Cash and bank balances
- Preparation of bank reconciliation
- Other assets (e.g. tax recoverable)
- Liabilities: current liabilities and non-current liabilities
- Trade payable and reconciliation
- Other payables and accruals
- Maintenance account on other payables and accruals
- Borrowing / financing facility
- How double entry works on the P&L and Balance Sheet
- Perform double entry transactions
- Reconciliation on the double entry
Why Teams Choose This Programme
Understand the Numbers, Not Just Key Them In
This course helps participants move beyond data entry and build stronger understanding of what the numbers mean.
Step-by-Step Accounting Foundation
The programme builds accounting knowledge from the ground up so participants can connect daily work to the final accounts.
Practical 2-Day Learning Format
Participants learn through structured explanation, guided application, and examples that support workplace understanding.
Public or In-House Delivery
The course can be joined as a public workshop or customised for in-house training based on your team’s accounting needs.
Need This for Your Team?
This course can also be customised for your organisation as an in-house programme. We can adapt the examples, level, and discussion focus based on your participants and accounting workflow.
HRD Corp Claimable Course
This programme is HRD Corp claimable and can be arranged as a public or in-house training session.
We also assist clients with the grant application process from start to finish.
FAQ
Is this course suitable for beginners?
Yes. This course is suitable for participants who are new to full set accounts or who want to strengthen their accounting foundation and understanding.
Will this course cover Profit & Loss and Balance Sheet?
Yes. The course covers Profit & Loss, Balance Sheet, Cash Flow fundamentals, and how transactions connect within a full set of accounts.
Will participants learn double entry?
Yes. The programme includes double entry and accounting application so participants can understand how entries affect both the Profit & Loss and Balance Sheet.
Is this course HRD Corp claimable?
Yes. This course is HRD Corp claimable.
Can this course be customised for in-house training?
Yes. The course can be customised for in-house delivery based on your team profile, accounting workflow, and business context.
Want to Strengthen Your Team’s Accounting Capability?
Whether you are looking for a public workshop or a customised in-house accounting programme, we can help you explore the right option for your team.