Accounting, Finance, Audit and Tax
The Training Programmes:
Although income tax is a direct tax, in certain circumstances the payer has the responsibility to withhold the tax (ITA 1967) when making payment to the non-residents. Failure to do so, the payer will suffer penalties and be prohibited from claiming a tax deduction against his own income for the payment to the other party. The scope of these withholding taxes is ever-evolving – both at the domestic level and international level. Ignorance is no excuse and it is imperative for any person managing the day-to-day payments and accounts of a business to understand their obligations under the withholding tax provisions, and the cost of non-compliance.
Strategic Cash Flow Management is the nucleus of every business entity’s ‘going concern’ survival. Financial objectives, goals, and decisions in the form of cash flows, liquidity, receivables, inventory, payables, are daily operational aspects of business that need to be and that has to be monitored on a daily and ongoing basis. Planning and control of these elements are fundamental to a going concern. The seminar addresses issues related to operational financial aspects, budgets, and capital budgeting.
‘Finance for Non-Finance (Managers’ & Executives’) of various departments and functions of an organization need to be exposed to matters related to Accounting, Costing, and Finance. This is necessary to ensure that there is a fewer risk factor associated with the enterprise’s operations. This is an intensive course, provides a foundation to accounting, costing, and finance, especially for non-finance personnel, who need to acquire an understanding of the main concepts and the practical application in decision-making, but who do not require an in-depth theoretical or technical knowledge and details with regards to measurement, recognition, preparation, presentation of financial statements, generated for both internal and external decision-making purposes.
Transfer Pricing has drawn the attention of tax authorities the world over, and the situation is no different with regards to the tax authority in Malaysia. Accordingly, it is important for businesses to understand the fundamentals of the transfer pricing rules in Malaysia.
Participants of this training will therefore be provided with knowledge that covers the importance of transfer pricing, the legal framework, the application of arm’s length principle, the methodologies of transfer pricing, the necessary documentation, and the penalties to be imposed from breaches of the law and requirements.
- Financial Literacy for Business Leaders
- Accounting for Non-Accounting/Non-Finance Managers
- Preparation of Full Set of Accounts (Financial Statements)
- Consolidated Financial Statements
- Interpretation & Analysis of Financial Statements
- Forensic Accounting
- Costing Techniques and Pricing Decisions
- Pro-Active Internal Auditing
- Tax Planning for HR Managers
- Tax Planning for SME
- Maximizing Corporate Tax Deduction
- Managing Project Finances/Finance for Project Managers
