Professional and Work Certification Programmes For School Leavers

Finet Associates as a work skills development organisation recognises the needs of employers and clients in the marketplace. Education and skills are different, and the marketplace is driven more by skills. School leavers and career professionals will need skills development and professional work certification to be competitive in the workplace. In recognition of this, Finet is offering a special programme for school leavers who seek commercial work opportunities with potential for a career at management level.

For this purpose, Finet introduces and offers the LCCI accounting work training programme which leads to the LCCI Diploma in Accounting and a stepping stone to professional accounting and financial management.

Life for young people begin after school. Some proceed to a university education while many others opt for the workplace to earn and learn. For some people, it is a choice, but for many others who are less fortunate, joining the workplace in early life may be necessary. School leavers from lower income backgrounds and under-privileged circumstances across many communities may need assistance and guidance for a pathway to the their future.

Work opportunities in the world of commerce and industry have always been in abundance and available for young people who are ready. Coupled with the connectivity with today’s worldwide web, there is no shortage of opportunities. It is only a lack of awareness and poor preparation that prevents the young person from reaching those possibilities.

Finet Associates, is part of the ANZ Institute, dedicated to building human capital for the workplace and the larger community. Human capital refers to the capabilities to undertake activities, tasks and work that create value for the employer or customers. With the school leavers in mind, Finet offers a commercial skills human capital development programme for early work opportunities with career growth potential in the future – the LCCI training programme.

The London Chamber of Commerce and Industry – LCCI, (www.lcciasia.com) is a global industry and trade organisation which provided work-based certification in over 80 countries for the past 120 years. Its work-based certification are recognized  by employer organisations throughout the British Commonwealth, and increasingly in other parts of the world.

Finet Associates (Finet) is part of the ANZ Institute which is a dedicated human capital development organisation based in Sydney, Australia. Finet is a training company registered with Human Resources Development Fund, supervised by the Ministry of Manpower, Malaysia. To date, Finet has trained over 20000 executives in Malaysia and the ASEAN region since 1998. Among the organisations which sent their executives to attend Finet training include professional organisations, government agencies and companies, multinational corporations and financial institutions.

This LCCI – ANZ Institute training programme will be delivered by the ANZ Institute’s special team of training specialists with professional and industry credentials. The key members of this team are –

• Mr. Aaron Koo, MBA B Comm. , Senior lecturer at Taylor’s University, and previously at Sunway University
• Mr. Stanley Yap MBA FCCA, CPA FIIA, Founding President – Institute of Internal Auditors Malaysia, Senior lecturer at Sunway University
• Mr. Geswant Singh FCCA, CA(M) Senior Partner, Geswant & Co, Public Accounting practice
• Mr. Arnold Kwan FCCA , former senior banking executive, BNP Paribas, Citibank NA, currently a trainer at the Asian Banking School
• Mr. Kenny Tay FCCA, FCMA, CA(M), former senior banking executive at Chase & UOB, currently a trainer at the Asian Banking School
• Jessica Hong B Acc. CA(M), formerly from PWC, and various multinational companies, currently a trainer at the Asian Banking School.

This is a starter programme for the young school leaver to acquire an initial set of skills for an entry – level job. The job opportunities in the commercial environment involving bookkeeping, accounting and auditing are endless, and with the essential skills, the school leaver can begin to earn-and-learn. This minimum qualification is also the basic requirement to purse the ACCA management and professional qualification, when the school leaver is ready for it.

The Finet – LCCI work training programme comprises the following leading to the LCCI Diploma in Accounting –

• 6 – module learning and training :

1. 1. Financial accounting – LCCI assessment
   2. Management accounting – LCCI assessment
   3. Advanced business calculations- LCCI assessment, and
   4. Auditing skills – ANZ Institute assessment
   5. Computerised accounting skills- ANZ Institute assessment
   6. Business English – ANZ Institute assessment

• Between 8 – 12 months duration – 2 to 3 times weekly class attendance
• Online delivery with assignment – Scheduled 300 hours training
• Entry requirements – School certificate with basic English

Upon completion the trainee also qualify for the Diploma in Accounting and Audit from the ANZ Institute. This opens up additional employment opportunities in accounting and auditing work in companies as well as in the accounting profession.

This is the starter programme with an option for finance work which is an alternative to accounting and audit work. Opportunities here are in the finance departments of companies, factories and banks. Duties include preparing staff payment, tracking cash flow and analysing financial information.

The Finet – LCCI work training programme comprises the following leading to the LCCI Diploma in Accounting –

• 6 – module learning and training:

1. 1. Financial accounting – LCCI assessment
   2. Management accounting – LCCI assessment
   3. Advanced business calculations – LCCI assessment, with
   4. Financial statement analysis – ANZ Institute assessment
   5. Capital markets and operations – ANZ Institute assessment
   6. Financial management – ANZ Institute assessment

• Between 8 – 12 months duration – 2 to 3 times weekly class attendance
• Online delivery with assignment – Scheduled 240 hours training
• Entry requirements – School certificate with basic English

Upon completion the trainee would also qualify for the Diploma in Accounting and Finance from the ANZ Institute. This opens a pathway to the finance department of an organisation and new roles in financial management work.

The programme begins with the accounting content for the LCCI diploma which provides entry-level employment but it also provides a stepping stone for administration and management roles at the earliest opportunity when it arises. This provides a high degree of versality to suit the fast changing outlook of the young employee.

The Finet – LCCI work training programme comprises the following leading to the LCCI Diploma in Accounting –

• 7 – module learning and training:

1. 1. Financial accounting – LCCI assessment
   2. Management accounting – LCCI assessment
   3. Advanced business calculations – LCCI assessment with
   4. Management and organisations – ANZ Institute assessment
   5. Communication skills – ANZ Institute assessment
   6. Leadership practice – ANZ Institute assessment
   7. Managing change – ANZ Institute assessment

• Between 8 – 12 months duration – 2 to 3 times weekly class attendance
• Online delivery with assignment – Scheduled 280 hours training
• Entry requirements – School certificate with basic English

Upon completion the trainee would also qualify for the Diploma in Accounting and Management from the ANZ Institute. This opens a pathway for a supervisory roles beyond accounting work.

The purpose of this programme structure is to increase the versatility in the job search of the school leaver. While the preparation in accounting work is undertaken, the young person is also made ready to take on a variety of management roles whenever the opportunity arises. Some people may quickly grow tired of the accounting work environment and wishes to explore administrative and management work opportunities. The Diploma in Applied Management prepares the person for the challenge.

The Finet – LCCI work training programme comprises the following leading to the LCCI Diploma in Accounting –

• 10 – module learning and training:

1. 1. Financial accounting – LCCI assessment
   2. Management accounting – LCCI assessment
   3. Advanced business calculations – LCCI assessment, with
   4. Management and organisations – ANZ Institute assessment
   5. Communication skills – ANZ Institute assessment
   6. Leadership practice – ANZ Institute assessment
   7. Managing change – ANZ Institute assessment
   8. Managing risks @ work – ANZ Institute assessment
   9. Work planning and control – ANZ Institute assessment
   10. Customer management – ANZ Institute assessment

• Between 8 – 12 months duration – 2 to 3 times weekly class attendance
• Online delivery with assignment – Scheduled 280 hours training
• Entry requirements – School certificate with basic English

Upon completion the trainee would also qualify for the Diploma in Applied Management from the ANZ Institute. This special combination opens the pathway to managerial and supervisory work positions and a foundation for further studies and senior management roles.

The ACCA or the Association of Chartered Certified Accountants is the world’s largest accountancy body with more than 700000 members and students. As a global organisation, its qualification is recognised in over 170 countries. A qualified member of the ACCA enjoys a strong professional reputation and acceptance by global employers inside and outside the British Commonwealth countries.

The LCCI Diploma in Accounting is the minimum entry requirement to undertake the ACCA qualification. The current ACCA requirements can be viewed from the website www.accaglobal.com. The learning and training for the ACCA examinations covers the following study areas or ACCA Papers.

1. Accountant in Business (AB)
2. Management Accounting (MA)
3. Financial Accounting (FA)
4. Corporate and Business Law (LW)
5. Performance Management (PM)
6. Taxation (TX)
7. Financial Reporting (FR)
8. Audit and Assurance (AA)
9. Financial Management (FM)
10. Strategic Business Leader (SBL)
11. Strategic Business Reporting (SBR)
12. Advanced Financial Management (AFM)
13. Advanced Performance Management (APM)
14. Advanced Taxation (ATX)
15. Advanced Audit and Assurance (AAA)

Finet is now offering LCCI Diploma holders further training to enable them to reach their professional goal and for their career advancement. Courses are available by e-learning mode and online virtual class sessions.