Finance and Accounting

42%OFF
Risk Management – Fraud Prevention & Forensics , .
 Risk-Management-Fraud-Prevention-and-Forensics-hrdf-trainings

Introduction

The potential risk of fraud and error occurring exists in every organisation – even in well-managed MNCs. Hence, the underlying understanding must be that fraud & error can only be at best minimised. Whilst errors are mistakes that are unintentional, fraud is the outright perpetration of a crime. When fraud is committed, swift and effective investigation is necessary as is the knowledge of auditing forensics.

Vigilance against fraud & error is the responsibility of every employee and not just a management responsibility. It is therefore important that practices prescribed for effective risk management and internal control become an integral part of the organisation’s culture.

How Will You Benefit

Upon completion of this programme, the participants will be able to :

  • Understand and apply a risk-based approach to management
  • Learn to identify toxic behaviours that lead to potential risks of fraud and error
  • Develop the right values for the corporate culture
  • Learn how to implement internal controls effectively
  • Be equipped with audit and analytical skills to help them recognise red flags of possible fraud or error
  • Enable participants to learn the process and be equipped with the necessary skills to conduct internal audits and investigations into reported/suspected cases of fraud & error

Who Should Attend

Department Heads, Senior Managers, Managers, Business and Financial Controllers, Internal Auditors, Business Owners

Methodology

This stimulating program will include case studies, group activities (games) and discussions as part of a comprehensive experiential learning experience.

Module

  • INTRODUCTION
  • EMBRACING THE RIGHT VALUES TO IDENTIFY TOXIC BEHAVIOUR
  • RISK MANAGEMENT
  • PREVENTING FRAUD & ERROR – ESTABLISHING INTERNAL CONTROL SYSTEMS
  • DETECTING FRAUD & ERROR (1) – CONDUCTING AUDITS
  • DETECTING FRAUD (2) – CONDUCTING INVESTIGATIONS
Learn More
  • Availability: 0 in stock
35%OFF
Risk Management – Fraud & Error , .
 Risk-Management–Fraud-and-Error-hrdf-trainings

Introduction:

Risk Management in the Decision Making Process

Risk & uncertainty are present in most operational/commercial decisions that we make. In order to make good decisions we need to try to minimize if not eliminate these risks and uncertainties. Risk and uncertainty that is not understood and mitigated can cost companies millions of dollars and sometimes even wipe out the entire business as we have noted in the spectacular meltdown of global financial institutions such as Lehman Brothers and even AIA (almost). This programme will enable participants to:

Establish A Risk-Based Approach To The Decision Making Process

Understand The Purpose Of Internal Controls

Identify Incidents Of Fraud Or Error

Be Equipped With Basic Skills Of How To Conduct And Audit Or Forensics Investigation And Know What To Look For

How Will You Benefit

Key learning areas covered during this course include:

  • Understanding risk and uncertainty
  • Identify the different types of risks
  • What is risk management and risk profiling
  • Risk assessment & mitigation – the need to be compliant and commercial
  • Understanding types of errors and their effects
  • Measuring risk, probability & outcomes
  • Understanding the audit function and the importance of evidence
  • Learn how to conduct basic audits
  • Understand why documentation is important
  • Know who is responsible and therefore accountable? Establishing a hierarchy of responsibility and accountability.

Who Should Attend

Department Heads, Managers, & Executives from Consumer/Corporate Credit (Sales, Initiation, Structuring), Documentation, Customer Relationship, Legal, Loan Recovery departments

Methodology

This stimulating program will include Q&As, group activities (games) and discussions as part of a comprehensive experiential learning experience.

Module

  • INTRODUCTION TO FRAUD & ERROR
  • RISK MANAGEMENT
  • PREVENTING & DETECTING FRAUD & ERROR – ESTABLISHING INTERNAL CONTROL SYSTEMS
  • DETECTING FRAUD & ERROR – CONDUCTING AUDITS & FORENSICS
Learn More
  • Availability: 0 in stock
62%OFF
Smart Budgetting For Planning And Control , .
 Smart-Budgetting-For-Planning-And-Control-hrdf-trainings

Introduction:

This program is to enable executives and managers (finance and non-finance) to raise their understanding of Budgeting, by preparing, executing and monitoring an effective and meaningful Budget and see how Budgets are used by management for strategic planning and control, including the usage of Balance Scorecard and Six Sigma methodology

How Will You Benefit

Upon completion of this programme, the participants will be able to :

  • To increase the awareness and objectives of Budgets (advance level)
  • Detailed instruction on preparation of sub- budgets and how they fit into Master Budget (complete picture)
  • How to prepare Capital expenditure Budget and Cashflow Budget
  • Understanding the different types of Budgets
  • Understanding the Tools of Excellence (Six Sigma, SIPOC) and Budgets
  • Variance analysis and how to deal with deviations from Budget

Who Should Attend

  • Executives and managers (finance and non-finance), accountants, finance managers, financial controllers, departmental heads, senior managers, all managers involved in preparation of budgets
  • Level for Departments Head and above

Methodology

This course is essentially participative and practical, emphasizing learning through experience, both from structured activities on the program eg. Role plays, group work, video screening, case studies and discussion from individual experience

Module

  • INTRODUCTION OF OBJECTIVE OF PROGRAM
  • THE NEED TO PLAN FOR FUTURE – CORPORATE PLANNING AND OBJECTIVES
  • BUDGET COMMITTEE AND CONTROL SYSTEMS
  • ASSUMPTIONS AND APPROACH IN PLANNING AND PREPARING BUDGETS
  • PREPARATION OF SALES BUDGET, PRODUCTION BUDGET, MATERIALS BUDGET, MANPOWER BUDGE
  • CAPITAL EXPENDITURE BUDGET (CAPEX)
  • PREPARATION OF CASHFLOW BUDGET (OBJECTIVE AND APPROACH)
  • BALANCE SCORECARD AND TOOLS OF EXCELLENCE
  • SENSITIVITY ANALYSIS
  • CONCEPT OF FLEXIBLE BUDGETS AND ZERO-BASED BUDGETING
  • BEHAVIOURAL ASPECTS OF BUDGETING AND VARIANCE REPORTING
Learn More
  • Availability: 0 in stock
50%OFF
Strategic Financial Planning And Budgeting .

Introduction

Modern businesses are the epitome of uncertainty and complexity. Over the period, these uncertainty and complexity in business have led to the development of various managerial tools, techniques and procedures, useful in managing business successfully. Of all these, financial planning and budgeting are the most common and widely used standard device for planning and control.

This program provides fundamental understanding of financial planning and budgeting, budgeting process and includes a practical guide for preparing and mastering financial budgets.

How Will You Benefit

Upon completion of this program, the participants will be able to:

  • Show how financial planning, budgets, corporate objectives and long-term plans are related
  • Explain the interlinking of the various budgets within the business
  • Construct various budgets, including the master budgets from relevant data
  • Use a budget to provide a means of exercising control over the business
  • Master the skills that are needed for budgeting succession
  • Understand why managers need to measure and manage budgeting

Who Should Attend

This program is suitable for Accounts Clerk, Assistants & Supervisors, Office Administrators, Administrative Assistants, new Accounting/Finance Personnel, Non-Financial Executives and all who need to learn about budgeting and costing

Methodology

This stimulating program will maximize the understanding and learning through interactive lectures, practical exercises, discussions, and Q & A session

Module

OVERVIEW OF BUDGETING

  • Stages In The Budgeting Process And Its Functions

TYPES OF BUDGETS

  • Sales Budget
  • Production Budget
  • Production Cost Budget
  • Ending Inventory Budget
  • Cost Of Goods Sold Budget
  • Selling Expenses Budget
  • Administrative Expenses Budget
  • Budgeted Income Statement

THE COMPONENTS OF FINANCIAL BUDGET

  • Capital Expenditure Budget
  • Cash Budget
  • Budgeted Balance Sheet
  • Cash Flow Budget

APPROACHES TO BUDGETING

  • Fixed Budgeting Approach
  • Flexible Budgeting Approach
  • Incremental Budgeting Approach
  • Activity-Based Budgeting Approach
  • Zero-Based Budgeting Approach
  • Continuous Budget
  • The Distinctive Features Of Each Approach To Budgeting

PREPARING A MASTER BUDGET

  • The Preparation Of Master Budget
  • Operating Budgets And Financial Budgets

BUDGETARY CONTROL – COMPARING ACTUAL AND PLANNED RESULTS

  • Different Types Of Controls And Budgeting Control System
  • Controlling Discretionary Expenditures:
    • Implementing Budgeting
    • Zero-Based Budgeting
    • Project Funding

STANDARD COSTING AND VARIANCE ANALYSIS

  • Standard Cost And Budgetary Control
    Variance Analysis

STRATEGIC THEMES FOR THE FINANCIAL BUDGETING PERSPECTIVE

  • Measuring Strategic Financial Budgeting Themes
  • Revenue Growth And Mix
    • New Applications
    • New Customers And Markets
    • New Relationships
    • New Product And Service Mix
    • New Pricing Strategy
  • Cost Reduction/Productivity Improvement
    • Increase Revenue Productivity
    • Reduce Unit Costs
    • Improve Channel Mix
    • Reduce Operating Expenses
  • Asset Utilization/Investment Strategy
    • Cash To Cash Cycle
    • Improve Asset Utilization

TARGET, RESOURCE ALLOCATION, INITIATIVES AND BUDGETS

  • Identify And Rationalize Strategies Initiatives & Business Initiatives
  • Link To Annual Resources Allocation And Budgets
Learn More
  • Availability: 0 in stock
54%OFF
Understand GST Impact In Your Business And Its Implementation , .
 Understand-GST-Impact-In-Your-Business-And-Its-Implementation-hrdf-trainings

Introduction:

In order to ensure smooth transition for your company into GST, this program provide a series of simple and effective GST implementation for your staff to master the GST mechanism and assist the company to get ready for GST implementation and proper record keeping.

How Will You Benefit

Upon completion of this programme, the participants will be able to:

  • Obtain an overview of the business operation and supply chain in your industry
  • Offset input tax against output tax
  • Know what transactions are subject to GST and how to raise tax invoice, debit note and credit note
  • Identify the effects of your contract when GST is implemented , retention money , deposit and provisions to be considered
  • Apply the GST tax code for each transaction of supply and acquisition
  • Aware of the penalty and fines for late filling, late submission and mistakes made in preparing the GST returns
  • Manage accounting entry , GST adjustment and impact on cash flow and pricing
  • Reengineer your business process to reduce non recoverability of input tax
  • Understand and apply the special scheme to your industry
  • Understand GST types of audits and maintaining audit evidence

Who Should Attend

This program is suitable for all executives and manager from various department, account supervisors, business entrepreneurs and planner.

Methodology

This stimulating program will maximizes the understanding and learning through lectures using power-point presentation, flip charts, discussion and practical example.

Module

  • GENERAL FRAMEWORK OF GST
  • HOW DOES GST WORKS
  • RECORD KEEPING AND GST RETURN FILING
  • ACCOUNTING OF GST
  • ADJUSTMENTS UNDER GST
  • GST IMPLEMENTATION APPROACH /CHALLENGES
  • TRANSITIONAL ISSUES
  • SPECIAL RULES
Learn More
  • Availability: 0 in stock
35%OFF
Understanding Goods And Services Tax GST For Logistic , .
 Understanding-Goods-And-Services-Tax-GST-For-Logistic-hrdf-trainings

Introduction:

GST will be implemented on 1st April 2015 to replace current Sales and Service Tax. This training course provides an understanding of GST implementation that may affect Logistic businesses in Malaysia that will replace the existing Sales and Service tax regime.

Implementation of GST in Malaysia requires coordination of all business organisations, it is a “cross functional” issue that can affect the entire business structure and hence require input from all key-business units.

How Will You Benefit

Key learning areas covered during this course include:

  • Understand the overview of GST implementation in Malaysia.
  • Prepare the organisation for the implementation of GST in Malaysia
  • Evaluate the impact of GST implementation over the business organisation
  • Identify major issues related to GST

Who Should Attend

This program is suitable for all executives, staff, supervisors and managers.

Methodology

This stimulating program will maximizes the understanding and learning through lecture supported by PowerPoint Presentation, discussion and examples.

Module

  • INTRODUCTION OF GST IN MALAYSIA
  • SCOPE OF GOODS AND SERVICES TAX
  • REGISTRATION
  • INPUT TAX
  • CLAIM OF INPUT TAX CREDITS
  • OVERVIEW OF FREIGHT TRANSPORTATION
  • CARGO HANDLING
  • ACCOUNTING FOR GST
  • TRANSITIONAL ISSUES
Learn More
  • Availability: 0 in stock
35%OFF
Understanding Of Goods And Services Tax GST For Manufacturing Sector , .
 Understanding-Of-Goods-And-Services-Tax-GST-For-Manufacturing-Sector-hrdf-trainings

Introduction:

This GST training program will allow the participants to acquire and understand the key elements of GST and its mechanism. Analyse and understand its effects on the business operations and provide general principles and guide of GST on manufacturing. It is critical for business entrepreneur and other operating unit heads to keep updated on the GST legislations and requirement, analyse and understand its effects on the business operation and the transitional issues. The participant will acquire the general concept and an overview of the GST, accounting treatment and computation of manufacturing GST input and output tax for consignment sale, export, sub-contract work and GST impact on the existing accounting and IT system.

How Will You Benefit

Upon completion of this programme, the participants will be able to:

  • Acquire and understand the key elements of GST and its mechanism
  • Analyse and understand its effects on the business operations
  • Provide general principles and guide of GST on manufacturing
  • Keep updated on the GST legislations and requirement,
  • Analyse and understand its effects on the business operation and the transitional issues.
  • Acquire the general concept and an overview of the GST, accounting treatment and computation of manufacturing GST input and output tax
  • Know the GST impact on the existing accounting and IT system.

Who Should Attend

This program is suitable for Accounting staff, business entrepreneur, operation executive, marketing, logistics, procurement, human resource personnel, manufacturers, business planner, product manager, factory manager and executive, contract executive and general managers.

Methodology

This stimulating program will maximize the understanding and learning through lecture supported by Power-point presentation, discussion and examples.

Module

  • BASIC FUNDAMENTAL OF GST
  • ACCOUNTING OF GST
  • PERTINENT TREATMENT FOR MANUFACTURING INDUSTRY
  • SPECIAL RULES
Learn More
  • Availability: 0 in stock

Showing 49–55 of 55 results

Pin It on Pinterest