Introduction
Strong accounting policies and procedures form the backbone of a company’s financial integrity, operational efficiency. They ensure consistency, accuracy, and compliance with regulatory standards across all financial activities. Therefore, this course will cover the implementation and management of accounting manuals, as well as specific policies and procedures for critical areas such as accounts payable, accounts receivable, inventory, fixed assets, and more. Participants will learn how to establish effective financial controls, documenting accounting processes, and ensuring compliance with relevant accounting standards and regulations.
Course Outline
- Module 1
- Module 2
- Module 3
- Module 4
- Module 5
- Course Objectives
- Target Audience
Accounting Policies and Procedures
- The role of accounting concepts.
- General accounting procedures.
- Accounting manual: purpose and scope.
- The role of accounting manuals in financial management.
- Key components of a comprehensive accounting manual
- Internal controls in safeguarding assets.
Accounts Payable Policies and Procedures
- Accounts payable processes and controls.
- Policies for vendor management and payment processing.
- Procedures for invoice verification and approval.
- Policies for managing payment terms and discounts.
- Internal controls for fraud prevention.
- Documenting accounts payable transactions.
Accounts Receivable Policies and Procedures
- Accounts receivable processes and controls.
- Policies for credit management and customer relations.
- Procedures for invoicing and payment collection.
- Policies for managing bad debts and allowances.
- Internal controls for fraud prevention.
- Documenting accounts receivable transactions.
Inventory and Fixed Assets
- Overview of inventory accounting and management.
- Policies for inventory valuation and costing methods.
- Procedures for inventory control and optimization.
- Policies for managing fixed assets: acquisition to disposal.
- Internal controls for inventory and fixed assets.
- Documenting inventory and fixed asset transactions.
Other Key Accounting Areas
- Payroll accounting and management.
- Policies for payroll processing and compliance.
- Procedures for cash and bank account management.
- Policies for managing loans and advances.
- Internal controls for miscellaneous financial transactions.
By the end of this course, participants will be able to:
- Develop a comprehensive accounting manual that covers all essential financial functions.
- Implement effective accounting policies and procedures for key accounting areas.
- Document and standardize accounting procedures.
- Ensure compliance with accounting standards and regulatory requirements.
- Establish effective internal controls to safeguard assets.
- Communicate accounting policies and procedures effectively to stakeholders.
This course is ideal for
- Accountants.
- Financial Managers.
- Auditors.
- Compliance Officers.
- Financial Controllers.
- CFOs.
- Risk Managers.
Course Schedule & Fees
- Kuala Lumpur
- Singapore
- Amsterdam
- Online
- Course Fees
This course will take place in Kuala Lumpur on the following dates:
| 19/05/2025 | 02/06/2025 | 16/06/2025 | 30/06/2025 |
| 14/07/2025 | 28/07/2025 | 11/08/2025 | 25/08/2025 |
| 08/09/2025 | 22/09/2025 | 06/10/2025 | 20/10/2025 |
| 03/11/2025 | 17/11/2025 | 01/12/2025 | 15/12/2025 |
| 29/12/2025 | 12/01/2026 | 26/01/2026 | 09/02/2026 |
This course will take place in Singapore on the following dates:
| 12/05/2025 | 02/06/2025 | 23/06/2025 | 14/07/2025 |
| 04/08/2025 | 25/08/2025 | 15/09/2025 | 06/10/2025 |
| 27/10/2025 | 17/11/2025 | 08/12/2025 | 29/12/2025 |
| 19/01/2026 | 09/02/2026 |
This course will take place in Amsterdam on the following dates:
| 05/05/2025 | 26/05/2025 | 16/06/2025 | 07/07/2025 |
| 28/07/2025 | 18/08/2025 | 08/09/2025 | 29/09/2025 |
| 20/10/2025 | 10/11/2025 | 01/12/2025 | 22/12/2025 |
| 12/01/2026 | 02/02/2026 | 23/02/2026 |
This course will take place Online the following dates:
| 27/05/2025 | 24/06/2025 | 22/07/2025 | 19/08/2025 |
| 16/09/2025 | 14/10/2025 | 11/11/2025 | 09/12/2025 |
| 06/01/2026 | 03/02/2026 |
| Kuala Lumpur | Singapore | Amsterdam | Online |
| USD$ 3,580 | USD$ 5,600 | USD$ 5,600 | USD$ 1,920 |
