Professional Training

Goods & Services Tax (GST) in Malaysia

During the Budget 2014 on 25 Oct 2013, Malaysia government announced the implementation of GST to be effective on 1 Apr 2015. What is your understanding about GST and how will it affect your business? How you can implement GST effectively? This training program will provide you a better understanding about GST and how you can effectively and efficiently implement GST to minimize business disruption. This email address is being protected from spambots. You need JavaScript enabled to view it.

Goods & Services Tax (GST) Implementation for Oil & Gas Industry

Malaysia has officially announced the implementation of Goods & Services Tax (GST) to be effective on 1 Apr 2015. These bring a significant impact to the operations and cost structure to the oil and gas industry; particularly the inventory and cash flow management due to timing difference in GST return versus payable to or claimable from government. Despite upstream activities mostly based in Designated Area and JDA, GST is chargeable on certain purchases and services consumed in Malaysia. Downstream activities can be extensively affected by the difference nature of GST treatment towards inward movement of feedstock, outward transfer of refined petroleum products. Retailer who operating a service station will be impacted on goods and services provided to consumer. With the understanding of GST mechanism and proper implementation of GST treatment in the accounting and POS system, this will ensure efficient and accurate GST return, better inventory, and cash flow management. This email address is being protected from spambots. You need JavaScript enabled to view it.

Goods & Services Tax (GST) Implementation for Private Education Services Industry

With the implementation of Goods & Services Tax (GST) effectively on 1 Apr 2015, the charging mechanism of standard rated and exempt supply for various type of fees collection may potentially results in lower profit; in addition to the non-claimable input GST credit. It raises issue of cash flow management on how Input GST can be claimable, and a better pricing model mechanism to minimize the impact to the organization bottom line. This email address is being protected from spambots. You need JavaScript enabled to view it.

Goods & Services Tax (GST) Implementation for Private Healthcare Industry

The implementation of Goods & Services Tax (GST) will significantly impact the operations and bottom line of the private healthcare industry. In the complex nature of standard rated and exempt supply charged on various services, input GST credit needed to be apportioned. This will potentially result in lower profitability; cash flow may be stretched arising from the payout timing in GST return versus the amount claimable from the government.

With the understanding of GST mechanism and proper implementation of GST treatment in the accounting and other operating modules, this will ensure efficient and accurate GST return, better pricing model mechanism, and cash flow management. This email address is being protected from spambots. You need JavaScript enabled to view it.

Goods & Services Tax (GST) Implementation for Property Development & Construction Industry

The implementation of GST impacts significantly to the operations and cost structure of Property & Construction Industry. Due to its complex nature scope of GST, materials and cash flow management will be a great concern when you file for GST return versus payable to or claimable from government. With the understanding of GST mechanism and the input tax credit, this will ensure efficient and accurate GST return and better cash flow management. This email address is being protected from spambots. You need JavaScript enabled to view it.

Goods & Services Tax (GST) Implementation for Retail Industry

The GST for retail industry will impact the operations and cost structure, particularly the inventory and cash flow management due to timing different in GST return versus payable to or claimable from government. With the understanding of GST mechanism and proper implementation of GST treatment in the accounting and POS system, this will ensure efficient and accurate GST return, better inventory, and cash flow management. This email address is being protected from spambots. You need JavaScript enabled to view it.

Goods & Services Tax (GST) Implementation for Manufacturing Industry

The GST for manufacturing industry will impact the supply chain management, particularly in the area of raw material and inventory. The cash flow management will be affected depending if a scheme is used; and the timing different in GST return versus payable to or claimable from government. With the understanding of GST mechanism and proper implementation of GST treatment, this will ensure efficient and accurate GST return, better supply chain management, and cash flow management. This email address is being protected from spambots. You need JavaScript enabled to view it.

Goods & Services Tax (GST) Implementation for Travel, Leisure & Hospitality Industry

In the recent GST update for hospitality industry and similar establishment, the operations and cost structure will be impacted for making standard rated and exempt supply. Not all input GST is claimable resulting from exempt supply. This will potentially lower the profitability; cash flow may be stretched arising from the payout timing in GST return versus the payment from debtors.

With the understanding of GST mechanism and proper implementation of GST treatment in the accounting and the operating procedures, this will ensure efficient and accurate GST return, better pricing model mechanism, and cash flow management. This email address is being protected from spambots. You need JavaScript enabled to view it.

Goods & Services Tax (GST) for Accounting Treatment & Effective Implementation Process

Goods & Services Tax (GST) will be implemented with effective on 1 Apr 2015. This brings significant impact to the profits, cost structure, and cash flow impact to most industry especially to the exempt supplies industry (mixed supplier).

This program is to help organization effectively implement GST to minimize business disruption, maintain business profits, and effective cash flow management. The program will walk through the process of pre-implementation, actual implementation and GST life observation, and lastly, the post-implementation evaluation process. Treatment of accounting adjustment and entry will be discussed and practiced based on different industry scenario. This email address is being protected from spambots. You need JavaScript enabled to view it.

Financial Analysis & Modelling Using Excel

In the 21st Century, an Accountant role is to add strategic recommendations to the board rather than becoming a ‘number cruncher’. As a business manager, you want to look into the strategic planning area where you can add value to the company bottom line.

By analysing and interpreting the financial statement, and with the use of Microsoft Excel to prepare logical and easy-to-use financial models, the 2-days program will provide you with a pragmatic approach to enhance the company profitability. The course also includes instructions on how to write a useful, focused and impactful financial report that will aid the decision-making. This email address is being protected from spambots. You need JavaScript enabled to view it.

Financial Analysis & Report Writing

Understanding, analysing and interpreting financial statements constitutes a key basic skill required across all functions in all organization. Skills covered in the 2-day course are critical to all finance and non-finance professional. Financial analysis and forecasting is the core of all investment decision-making in producing realistic business results. The course also includes instructions on how to write a useful, focused and impactful financial report that will aid decision-making. This email address is being protected from spambots. You need JavaScript enabled to view it.

Finance Essentials For Executive

Accounting and finance may not be the primary focus of an employment, however, money is commonly the primary focus of a company to be financially healthy. It is everyone job within the company to assist in achieving the goal. The program covered in the 2-days course are crucial to all non-finance professional to equip them with the skill to understand and interpret the financial statement. This will enable them to make and justify business decisions without the assistance of people who hold financial roles within the company. This email address is being protected from spambots. You need JavaScript enabled to view it.

Financial Intelligence for Executive

Maximize productivity and profitability are crucial to company success. Nevertheless, many of our 21st century executives are not equipped with the financial intelligence to manage their own financial health and caused series of financial problem. In result, this demotivate the performance and productivity in the workplace. The program covered in the 2-day course will motivate and enhance the level of financial IQ when everyone become the ‘cash generator’ in assisting making better financial decision for the company and own personal development.  This email address is being protected from spambots. You need JavaScript enabled to view it.

Activity Based Costing (ABC) & Management

Many organizations are facing the challenge to evaluate their product profitability. The traditional cost management systems derived from the financial side of the business, hence ignoring the non-financial drivers in measuring the company value and its product profitability. Today, with the application of Activity Based Costing and Management, the techniques will enable the breakdown of your cost, and proportionally assign them to the various business activities. These have accurately identify where the costs are being used to assist in minimizing costs, improving pricing structures and identify costly products and services for the customers. It has helped many organizations to determine a better business strategy. This email address is being protected from spambots. You need JavaScript enabled to view it.

TESTIMONIALS FROM PARTICIPANTS:

GST Training

‘The training is well explained and the trainer adequately covers the knowledge of GST to participants. She is able to solve the GST query on the spot which relates to my job.’ Accounting Executive, Banking Automation Software Provider

‘The trainer provided very detailed explanation. I have no accounting background and now I learned about how GST can affect company Cashflow position.’ Sales Admin Officer, FMCG MNC

‘I obtained very good knowledge from this training; specifically the materials are very relevant to my current work situation.’ Supply Chain Management Executive, Oil & Gas Industry

‘The case study used in the training provided me a very good understanding which connects to the real life experience.’ Finance Executive, IT MNC

‘The Q&A session gave me the chance to clarify the doubts about GST compare to other GST training which were taught in a lecture format.’ Management Accountant, Government Consortium

‘The training was conducted in a very interactive way especially the case study used had helped me in better understanding about GST.’ Head of Accounts & Finance, Bulk Logistics Assets Provider

‘The case study and exercise helps me to understand the GST subject much better. The trainer has vast knowledge of the topic. She is very experienced trainer.’ Head of Finance & Admin, Venture Capitalist Fund

‘The GST topic is very new and very interesting to learn. I gained very good knowledge from this training.’ F&A Accountant, REIT Fund

‘The case study and example given are very useful to my job especially in the field of procurement.’ Head of Procurement, IT MNC

‘Easy understanding on the topic and direct communication with the trainer gave me the added advantage to learn about GST implementation.’ F&A Accountant, REIT Fund

‘I like the interaction with the trainer and the participation in case study gives me a clear understanding about GST.’ Senior Finance Manager, Insurance Broker MNC

‘The materials provided are very good, and the trainer presents it in an easy to understanding way.’ CFO, Bulk Logistics Assets Provider

‘The content and awareness of GST is very well layout. It seems easy to understand, despite the ‘hooha’ of GST portaged by the public.’ CFO, Oil & Gas Company

‘The trainer shared the best practise of accounting treatment in implementing good GST practise.’ Finance Executive, FMCG MNC

Financial Training

'The trainer relaying industry case study which is very useful in building the financial model. Overall it provides good and interesting training with sufficient interaction with trainer and trainees.' Assistant Finance Manager, Brunei Telco

'I likes the hands on part especially in drawing chart, pivot tables and waterfall chart.' Assistant Finance Manager, Brunei Telco

'The training provided the good opportunity to construct chart using Excel and how to evaluate a future business plan, and to compare company and industry performance. It will help in my management reporting.' Finance Manager, Brunei Telco

'The topics covered the objectives and the explanation by the trainer is simple and easy to understand.' Group Finance Executive Officer, Government Finance Special Division

'The trainer prepared the training materials in a step by step approach which is very easy to understand and to follow.' Customer Management Manager, Electronic & Electrical MNC