This course would enable accounting staff to understand and appreciate the steps performed in the accounting process and their contribution to management decision making.
In today’s computerised accounting world, accounting staff may perform very specific duties as part of the accounting process. They may be involved in one specific area like handling accounts payable, accounts receivable, payroll, cash book, etc. As a result, they are often very focused in their respective areas of work that they may not be aware or knowledgeable of the other important areas in accounting.
With the advancement of computerised accounting packages, the accounting process is somewhat isolated and as a result these staff do not see the physical transaction taking place. This may lead to a lack of understanding of the accounting process. Knowledge in these other areas of accounting will enable the staff to contribute more effectively to the organisation.
The Government intends to implement e-invoicing in stages starting from 1st August 2024 to Enhance the Efficiency of Malaysia’s Tax Administration. Accounting personnel will need to have a good understanding of the process from both an Income and Expenses perspective.
The Accounting staff need to be very familiar with the mechanics of issuing
e-invoices so that it can be validated by LHDN and passed on to the customers. This will ensure prompt processing of e-invoices and payment from customers.
They will also need to understand the impact of e-invoicing on employee benefits and claims so that these expenses can be claimed by the company for tax purposes without problems.
WHO SHOULD ATTEND
- Accounts Clerks
- Accounts Assistants
- Costing Clerks
- New Accounting personnel
For more information, please download the Program Brochure here
