(English) Part 2 of Accounting Made Easy by Mr Johari Low
Duration of training : 2 hours 34 minutes
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- Part 1 - basics of how transactions are recorded, accounted and reported.
- Part 3 - financial analysis and elements of blockchain accounting.
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TRAINING OUTLINE
Accounting Made Easy (Part 2)
- Historical Cost Convention
- Consistency Concept
- Prudence Concept
- Going Concern Assumption
- Matching Concept
- The Accruals Concept
- Depreciation/Amortisation Concept
- Cash Book vs. Bank Statement
- Accounting Profit vs. Tax Profit
- Accounting for Intangibles
- Trust Accounting
- Contingencies Accounting
- Interpretation of Accounts
Your Instructor
Johari Low is a Fellow CPA and Chartered Accountant double award winner and Mensa member.
He has been involved in the corporate world for over 40 years, as auditor, director and CEO of a banking group, a conglomerate and FMCG food group and deputy chairman of a London-listed plantation group.
He was involved as director of a large insurance company and co-founder of one of the largest unit trust companies in the country.
He is currently the Chairman of the Rockwills International Group, an independent director and adviser to several public listed companies.
He has been an active community worker in the past, having served in the council of MICPA (Malaysian Institute of Certified Public Accountants), MIA (Malaysian Institute of Accountants), FPLC (Federation of Public Listed Companies), MICG (Malaysian Institute of Corporate Governance), Lions Club Host and Red Crescent as well as member of the La Salle PJ School board of governors.
Course Curriculum
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StartIntroduction (1:03)
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StartHistorical Cost Convention (2:44)
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StartConsistency Concept (1:09)
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StartPrudence Concept (0:43)
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StartGoing Concern Assumption (1:03)
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StartThe Matching Concept (1:53)
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StartThe Accrual Concept (2:29)
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StartDepreciation Amortisation Concept (2:47)
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StartCashbook v Statement (3:03)
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StartAccounting Profit v Tax Profit (9:44)
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StartAccounting for Intangibles (1:45)
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StartTrust Accounting - Never Ever Mix Trust Funds With Own Funds (1:23)
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StartContingencies Accounting (1:36)
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StartInterpretation of Accounts (17:36)
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