INTRODUCTION

In today’s competitive business environment, the ability to manage a full set of accounts with precision is invaluable. Handling Full Set Accounts is a practical, hands-on training program designed to empower finance and non-finance professionals alike with the essential skills to manage complete financial records accurately and efficiently.

This program goes beyond theory, offering real-world insights into the full accounting cycle—from recording transactions to closing the books. Participants will gain a comprehensive understanding of core accounting tasks, including managing ledgers, conducting month-end procedures, preparing financial statements, and ensuring compliance with statutory requirements.

Whether youre new to accounting or looking to deepen your financial acumen, this course will equip you with the knowledge and tools to confidently handle every aspect of full set accounting. Join us to transform your accounting skills into a strategic asset for your organization!

DAFTAR SEKARANG
DAFTAR SEKARANG

METHODOLOGY

This training program will be delivered using a combination of methods that are suitable for adult learners such as:

  1. Lecture
  2. Simulations
  3. Group Discussion
  4. Activities

TARGETED PARTICIPANTS

  1. Junior Account Executives: Entry-level accounting staff.
  2. Small Business Owners: Entrepreneurs running small businesses.
  3. Admin Staff Handling Accounts: Office staff managing basic accounting tasks.
  4. Freelance Accountants/Bookkeepers: Independent professionals offering accounting services.

PROGRAM ITINERARY

DAY 1

Introduction to Full Set Accounts

  • Definition of “Full Set Accounts”
  • Overview of the accounting cycle
  • Importance for business operations
  • Key roles involved in accounting

Setting Up Accounts

  • Chart of Accounts (COA) setup
  • Classifying accounts: Assets, Liabilities, Equity, Revenue, Expenses
  • Understanding account codes and categories

Recording Transactions

  • Types of transactions (sales, purchases, payments, receipts)
  • Understanding source documents (invoices, receipts, purchase orders)
  • Recording entries: Journal entries and their importance

Managing Ledgers

  • Types of ledgers: General Ledger, Sales Ledger, Purchase Ledger, etc.
  • Posting to ledgers from journal entries
  • Ledger reconciliation: Importance and process

Month-End Procedures

  • Reconciling bank statements
  • Accruals and prepayments
  • Depreciation and asset management

DAY 2

Preparing Financial Statements

  • Statement of Financial Position (Balance Sheet)
  • Statement of Comprehensive Income (Income Statement)
  • Statement of Cash Flows

Year-End Procedures

  • Year-end adjustments: Inventory valuation, closing entries
  • Preparing for audits: Documentation and review
  • Finalizing financial statements

Compliance and Reporting

  • Understanding statutory reporting requirements
  • Filing taxes and regulatory submissions
  • Importance of timely and accurate reporting

Software and Tools

  • Overview of popular accounting software
  • Key features and functionalities
  • Integration of software in the accounting cycle

Common Challenges and Solutions

  • Common pitfalls: Data entry errors, reconciliation discrepancies, etc.
  • Best practices for accuracy and efficiency
DAFTAR SEKARANG