Tag Archives: Diploma in accounting

What course to choose for a Recession-Proof career? ACCOUNTING COURSE

Can accounting course lead you to a recession-proof career?

Today’s jobs market can be a scary thing. Even higher education can cause some anxiety: will you really be able to turn your qualifications into a career?

Fortunately, when it comes to accountancy, the answer is nearly always a massive ‘yes’! What about Artificial Intelligence (AI)? Will it replace accountants?

AI will transform, not replace accountants. In fact, according to a leading research firm, Gartner, AI is set to create more jobs than it will replace, leaving workers, including accountants with options. Accountants don’t have to worry about their job being replaced by AI any time in the near future

Is Artificial Intelligence Set to Replace Accountants in the Future?
Image credit: www.finance.toolbox.com

Now, obviously, employment will always come down to individual work ethic, but it’s safe to say that accountancy is one of the most ‘accountancy recession-proof’ careers out there.

Accounting Course certifications

There are so many types of certifications:

So which accounting course do you go for? Before that, let’s have some basic understanding of what is accounting.

What is accounting?

accounting course-what is accounting

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities – Investopedia

What are main types of accounting?

Following are four main types of Accounting covered in a degree leading to a CPA:

TypeWhat It Is All About
Management AccountingManagement accounting is the practice of identifying, measuring, analyzing, interpreting, and communicating financial information to managers for the pursuit of an organization’s goals. It varies from financial accounting because the intended purpose of managerial accounting is to assist users internal to the company in making well-informed business decisions.
AuditA financial audit is an objective examination and evaluation of the financial statements of an organization to make sure that the financial records are a fair and accurate representation of the transactions they claim to represent – Investopedia
Tax AccountingTax accounting is a structure of accounting methods focused on taxes rather than the appearance of public financial statements. Tax accounting is governed by the Internal Revenue Code, which dictates the specific rules that companies and individuals must follow when preparing their tax returns – Investopedia
Financial AccountingFinancial accounting is a specific branch of accounting involving a process of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time – Investopedia

So, what are the qualifications needed to be in this career?

Accounting course pathways (common ones)

Certificate

  1. Sijil Kemahiran Malaysia Level 3 in Accounting (FB-100-3:2012)
    Who can apply?

    The entrance requirement for SKM3 is just 16 years old. However, interest in Maths is strongly recommended if you want to take up the course. With SKM3 in accounting, it may just be enough for you to gain an entry-level to accounting job and automation may make this job diminish by 2025. Therefore, if you only have SKM3, it’s recommended to progress further by taking a Diploma in Accounting or Bachelors of Accounting.
  2. LCCI Certificate – Who can apply?

    You just need a SPM: Minimum 1 credit in Mathematics

    LCCI’s Certificates provide the following benefits:

    RECOGNITION – LCCI is recognized by Malaysian companies, both big and small, for its practical and relevant nature. Top professional bodies such as ACCA and CIMA also recognize LCCI qualifications.

    INTERNATIONAL – LCCI’s quality is consistent around the world and gives students the assurance of a globally accepted qualification.

    FLEXIBILITY – LCCI is suitable both for full-time students as well as busy working adults because its qualifications can be taken as short modules over a period of time.

Diploma

Diploma in Accounting – Who can apply?

Generally requires at least 3 credits (C and above) at SPM, O-Level or equivalentincluding a credit in Mathematics and a pass in English.

For UEC students, you will need to have a minimum of 3Bs including Mathematics, plus a pass in English.

Degree

And if you start afresh after SPM (with min 3 credits including Maths & pass in English), then you may want to have the shortest path to a CPA through LCCI (4 years) or through Foundation (5 years).

accounting course - CPA pathway
accounting course - CPA pathway
Watch what an alumni of CPA Australia from Unirazak have to say

Salary for Certification: Certified Public Accountant (CPA)

Source: https://www.payscale.com/research

Enrol now for an accounting course leading to a recession-proof career

College (IPTS) & TVET (JPK) License for Sale – KL & Sel (Updated May 2020)

IPTS & JPK license for sale - jpkmalaysia.com
IPTS & JPK license for sale are hard to come by, especially if you are looking to acquire a specific program. There’s one JPK license currently on fire sale

IPTS & JPK license for sale – Benefits of acquiring

  1. For IPTS license, the moratorium/application freeze is basically still on till 31/12/2020 (belief going to be extended).
  2. For JPK license, you need not wait for one cohort to be able to qualify to register with Perbadanan Tabung Pembangunan Kemahiran (PTPK). Therefore, most people who chose to acquire a license is because of this important funding, which is a crucial element in successfully enrolling students.
    It also saves you time and hassle of the waiting period, especially in certifying the necessary personals like PP, PPD & PPB

TVET (JPK) license for sale

1. 4 programs:
a. Food & Beverage Management (Cert & Dip) – Only this program has license to recruit foreign students currently
b. Computer Systems Administrations (Cert & Dip)
c. Information System Administration (Cert & Dip)
d. Electrical (Cert only)

– Owner is willing to let go at RM3 million
– KDN license (to recruit foreign students)

2. 3 programs:
a. Computer Networking
b. Computer System
c. Corporate Secretaryship

  • Facilities – 3 classrooms, 1 computer lab with 25 computers, Computer repair room, library, pantry, staff room and surau.
  • Registered with Perbadanan Tabung Pembangunan Kemahiran (PTPK) till 2020
  • Owner is willing to let go at RM1x0,000

College (IPTS) with TVET (JPK) license for sale

  1. RM1.8million
    Programs:
    Foundation in science (FA)
    Diploma in accounting (PA)
    Diploma in business management (PA)
    Diploma in policing investigation (PA)

Renewal in 2022
Paid-up capital is 1million
Registered with HRDF
PTPN available
KDN can be renewed (additional cost)
0 students and staff
No debts

2. RM2.xx million (1 IPTS + 1 JPK license)

Full facilities for all programs
Renewal in 2025
PTPTN available
RM1.3+- million debt

UPDATE: 29/5 For academic-based program, only left Diploma in English & Accounting

Skills Based – SKM/DKM; Acaemic Based – MQA

College (IPTS) license for sales

1. RM9 million

Diploma in
– Baking
– Culinary art
– Accounting
– Event management
– International business management

Certificate in international business management

Full facilities for all programs
Renewal in 202?
PTPTN available
KDN license

More listings required as there are quite a number of enquiries.

NOTE:
1. For IPTS license, you can only acquire from existing ones as there’s a moratorium on the establishment of private higher learning institutions until Dec 31, 2020. However, looking at this year’s COVID-19 situation, it would likely be extended again, after being extended for 3 years in 2017.

2. For JPK (TVET) license, there are 2 options.

a. If you’re looking at just training own staffs and offering SKM or plan to do a placement at industries to earn your revenue, then you should go for SLDN training centre.

b. If you’re planning to run like a college/institution collecting tuition fees as your main revenue, then applying to be a JPK Accredited Centre (Pusat Bertauliah) is the way to go. Buying an existing one has its benefits:
1. Everything necessary for the accreditation is already there;
a. Written Instruction Material
b. Tools, Equipment & Materials (TEM)
c. Certified personnel (PPB, PPD & PP)
2. The one year wait for registration with Perbadanan Tabung Pembangunan Kemahiran (PTPK) is usually over. Some even come with PTPK quota.
3. If you want to bring in international students, you also need to have a track record of local students enrollment before you can apply for the PB Antarabangsa license (with KDN license).

Nevertheless, I strongly advise that you only acquire one if you:
1. Want less hassle and
2. Need PTPK or PB Antarabangsa license OR
3. Plan to continue to offer the existing program(s) that has been accredited (you may add on new programs though)
4. Plan to operate from an existing location or new premise but within the same state (NOT ALLOWED to shift to another state, say WPKL to Selangor)

After going through the above checklist and still found nothing suitable, then you have got to apply JPK Accredited Centre (Pusat Bertauliah JPK) from scratch.
Whatsapp or call me for a no-obligation consultation.

PB Antarabangsa & IPTS (dengan lesen KDN) untuk Dijual – Selangor

Image result for kursus jahitan
  • Lesen PB JPK (bidang jahitan wanita, SKM1 hingga DKM) tamat Dis 2020. Ada kuota tabung PTPK untuk 25 setiap Tahap.
  • Lesen PB Antarabangsa tamat Okt 2021.
  • Harga: RM900K+-
  • Lesen IPTS (dengan KDN) yang ada program diploma pengurusan perniagaan, akaun, bakeri.
  • Harga RM9 juta termasuk peralatan

Jika anda berminat (dan ada bajet sahaja) baru hubungi min.

Klang Valley IPTS License for Sale (Latest Listing)

IPTS license for sale

IPTS license for sale – Klang Valley

IPTS license for sale is another category of education license, besides the TVET/JPK centre. For the latest IPTS/TVET centre for sale, please refer here.

  1. RM1.8million (pure license)
    Programs:
    Foundation in science (FA)
    Diploma in accounting (PA)
    Diploma in business management (PA)
    Diploma in policing investigation (PA)

    Renewal in 2022
    Paid-up capital is 1million
    Registered with HRDF
    PTPN available
    KDN can be renewed (additional cost)
    0 students and staff
    No debts
  2. RM3 million (1 IPTS + JPK license)

    Full facilities for all programs
    Renewal in 2025
    PTPN available
    KDN
    RM1.3+- million debt

UPDATE: 29/5 For academic-based program, only left Diploma in English & Accounting

Skills Based – SKM/DKM; Acaemic Based – MQA

3. RM3.3 million (Renewal in 2022)

Diploma in Business Management
Diploma in Finance & Banking
Diploma in Early Childhood Education
Diploma in Mass Communication
Diploma in Fashion Design
Diploma in Occupational Safety & Health
8 Diploma in partnership with local University
GCE- A Levels

3. RM9 million

Diploma in baking
Diploma in culinary art
Diploma in accounting
Diploma in event management
Diploma in international business management
Certificate in international business management

Full facilities for all programs
Renewal in 202?
PTPN available
KDN license

More listings required as there are quite a number of enquiries.

For IPTS license, the moratorium/application freeze is basically still on till 31/12/2020 (belief going to be extended).