For most Malaysians, you will officially come across the study of Accounting when you are doing your Form Four studies.

It is a core subject for students who are in the Commerce stream alongside Business Studies and Economy. At the same time, it can also be taken as an elective subject by Science stream/Art stream students.

You may refer below to the complete syllabus of the SPM Prinsip Perakaunan subject.

The best Accounting tutors available
Sumandran
5
5 (38 reviews)
Sumandran
RM120
/h
Gift icon
1st lesson belanja!
Adlina
5
5 (12 reviews)
Adlina
RM30
/h
Gift icon
1st lesson belanja!
Jow
5
5 (5 reviews)
Jow
RM70
/h
Gift icon
1st lesson belanja!
Liow
5
5 (7 reviews)
Liow
RM50
/h
Gift icon
1st lesson belanja!
May syuen
5
5 (5 reviews)
May syuen
RM100
/h
Gift icon
1st lesson belanja!
Muhamad faris
5
5 (2 reviews)
Muhamad faris
RM36
/h
Gift icon
1st lesson belanja!
Kavin
5
5 (5 reviews)
Kavin
RM25
/h
Gift icon
1st lesson belanja!
Mohamad hisham
Mohamad hisham
RM80
/h
Gift icon
1st lesson belanja!
Sumandran
5
5 (38 reviews)
Sumandran
RM120
/h
Gift icon
1st lesson belanja!
Adlina
5
5 (12 reviews)
Adlina
RM30
/h
Gift icon
1st lesson belanja!
Jow
5
5 (5 reviews)
Jow
RM70
/h
Gift icon
1st lesson belanja!
Liow
5
5 (7 reviews)
Liow
RM50
/h
Gift icon
1st lesson belanja!
May syuen
5
5 (5 reviews)
May syuen
RM100
/h
Gift icon
1st lesson belanja!
Muhamad faris
5
5 (2 reviews)
Muhamad faris
RM36
/h
Gift icon
1st lesson belanja!
Kavin
5
5 (5 reviews)
Kavin
RM25
/h
Gift icon
1st lesson belanja!
Mohamad hisham
Mohamad hisham
RM80
/h
Gift icon
1st lesson belanja!
Let's go

What Are The Accounting Concepts That You Will Learn For Your SPM?

Here is the list of concepts that you are expected to master for your Form Four and Form Five studies.

The lessons and concepts will be taught in Malay.

Form 4 (Tingkatan 4)

Chapter 1: Pengenalan kepada Perakaunan
Chapter 2: Klasifikasi Akaun dan Persamaan Perakaunan
Chapter 3: Dokumen Perniagaan Sebagan Sumber Maklumat
Chapter 4: Buku Catatan Pertama
Chapter 5: Lejar
Chapter 6: Imbangan Duga
Chapter 7: Penyata Kewangan Milikan Tunggal Tanpa Pelarasan
Chapter 8: Pelarasan pada Tarikh Imbangan dan Penyediaan Penyata Kewangan Milikan Tunggal
Chapter 9: Pembetulan Kesilapan

Form 5 (Tingkatan 5) 

Chapter 1: Analisis dan Tafsiran Penyata Kewangan Untuk Membuat Keputusan
Chapter 2: Rekod Tidak Lengkap
Chapter 3: Perakaunan Untuk Kawalan Dalaman
Chapter 4: Perakaunan Untuk Syarikat Berhad Menurut Syer
Chapter 5: Perakaunan Untuk Kelab dan Persatuan
Chapter 6: Perakaunan Kos

After sitting for your SPM, you would probably have a better idea on whether you are interested to pursue a career in Accounting and Finance.

Before long, you will begin Pre-University and start exploring a degree in this field of study.

accounting concepts learn university
It is important to choose the right university to study Accounting and Finance
Source: Xframe

What Are Some Important Points When Choosing A University For Accounting and Finance?

A university should be a place of light, of liberty and of learning. - Benjamin Disraeli

So you have decided to pursue your undergraduate studies in Accounting and Finance.

What comes next? 

Choosing the universities. When it comes to this field of study, there are three main things you should look into before deciding which university to enrol in.

a) Degree specialisation

It would be great to compare different universities by looking at what specialisation that they offer and match it according to your interest and strength.

If you are interested to work in a corporate setting that deals with finance or auditing, you can consider enroling in a Finance, Accounting and Management degree.

If you are passionate about investments and the foreign market, you can even take a degree in Accounting and Finance with a specialisation in Forex and Investments.

If your strength lies in detecting irregularity and finding fraud, the best degree specialism for you would certainly be an Accounting and Finance degree with a specialism in Forensic Accounting.

Pay attention to the subjects that are offered during your final year of study, because that's when you will officially study the topics according to your specialisation.

b) Accreditation by the Malaysian government as well as Accounting and Finance bodies

Before enroling in any program (whether it is Accounting/Finance related or not), you should always check whether the degree is accredited by the Malaysian Qualifications Agency (MQA). 

The way to check it is to ensure that the university and the program code is listed on the official MQA website.

Apart from that, you should also check whether the Accounting and Finance degree that you intend to register for is acknowledged by:

  • Association of Chartered Certified Accountants (ACCA)
  • Chartered Institute of Management Accountants (CIMA)
  • Certified Public Accountant (CPA) Australia
  • Institute of Chartered Accountants in England and Wales (ICAEW)

c) Papers Exemption

Papers exemption is a great deal for every Accounting and Finance graduate.

It is important to check whether the university that you are studying in is entitled to the maximum exemption according to the respective accounting and finance body.

For instance, the maximum exemption that students will get from ACCA is 9 papers exemptions out of 13 papers in Professional Accountancy qualification after graduating.

The 9 paper exemptions for ACCA is under the Applied Knowledge and Applied Skills level.

NoLevelTopic
1Applied KnowledgeBusiness and Technology
2Applied KnowledgeManagement Accounting
3Applied KnowledgeFinancial Accounting
4Applied Skills Corporate and Business Law
5Applied Skills Performance Management
6Applied Skills Taxation
7Applied Skills Financial Reporting
8Applied Skills Audit and Assurance
9Applied Skills Financial Management

In the case of CIMA, students are entitled to receive an 8-paper exemption out of 16 papers. 

If you choose to take an Accounting and Finance degree that specialises in taxation, you can also check if you can have a 6-paper exemption out of 8 papers from the Chartered Tax Institute of Malaysia (CTIM).

Here are some universities that offer degrees in Accounting and Finance that have the three criteria mentioned above.

what is accounting and tax
Tax is also something that you will learn in Accounting and Finance.
Source: Photo by Kelly Sikkema on Unsplash

How To Make The Best Out Of Learning Financial Accounting Online?

Online learning is undoubtedly one of the best ways to learn something in the most convenient and effective way these days.

It facilitates self-learning and flexibility to master a skill and knowledge at one pace, guaranteeing a one of a kind experience instead of a one-size-fits-all learning method.

The same can be said when you are learning financial accounting, as a beginner or even as an advanced learner when you are studying in a university.

Here are some methods to have a good online learning experience.

a) Take an online course on Financial Accounting

Whether it is an introductory course or even a short course that is part of an online degree, there are plenty of online courses that you can access on Financial Accounting. You can see it as an investment to deepen your knowledge in the field of business even while you are still a secondary school student.

It's never too early to start!

Look out for courses that offer certificates at the end of the whole course. Engage actively in the course activities such as discussions, coursework, quizzes and even presentations to have the best learning experience.

You'll be able to prove that you have mastered the core concepts of financial accounting such as cash flows, financial statements, balance sheets, and many more.

Remember to save and keep the certificates as they can serve as a good reference when it comes to internships or future job applications. This experience will enhance your confidence as you are learning and working at different stages.

learn accounting concepts
You can try out an online Accounting course during your free time.
Source: Photo by John Schnobrich on Unsplash

b) Subscribe to YouTube channels that offer Financial Accounting content

Are you an audiovisual learner?

If you answered yes to this question, you should certainly use YouTube to search for videos or tutorials on topics that are related to Accounting or Finance. The best thing about learning through YouTube is that you can study and watch the videos anytime and anywhere you are, without a fixed time to commit.

Another feature of learning through videos? You get to explore various ways in how the video is presented on any topic. There is no right or wrong answer.

Some people may prefer to watch an animation video on various concepts of Accounting whereas some people may love to watch a mind-map tutorial that links all the concepts to produce a financial statement.

You can watch all the videos for free and choose the ones that you are more comfortable with and continue learning with them!

Tip: You can refer to these Accounting and Finance learning resources to learn various aspects of this field of study.

c) Hire an online Accounting tutor

Prefer having a LIVE learning session from the screen? That's not a problem when you can hire an Accounting tutor with the help of Superprof.

Superprof enables you to connect to the perfect online tutor. Learning has never been this easy!

All you need to do is just follow the steps below.

  1. Hit the search button
    With the detailed filtering system at Superprof, you can easily browse the profile of Accounting tutors that are teaching in Malaysia. You can even check and compare the tutors according to their rate per hour, qualification, teaching experience, and teaching methodology.
  2. Connect and contact your online tutor
    Once you have decided on your Accounting tutor, you can then proceed to contact him/her via their profile. You will normally get a reply from them within hours.
  3. Schedule and kickstart your first lesson
    It's now time to finalize the main details of your upcoming lessons. Whether it is the time, duration and frequency of the lessons up or the payment method, you can easily settle them with your online tutor. Most tutors at Superprof offer their first lesson for free, so don't forget to seize this opportunity!

Discovering What Is Accounting With A Superprof Home Tutor

As mentioned in the above paragraph, you'll be able to find a reliable Accounting/Finance tutor that matches your personal preferences through Superprof.

Besides online tutors, you can also find many capable private Accounting tutors that offer home tutoring lessons. This is a great option for those who want to learn face-to-face and receive undivided attention at the comfort of their homes.

You just need to key in Accounting and your physical location (such as Kuala Lumpur, Seberang Perai, Johor Bahru, Ipoh, Georgetown, and many more) in the search button at the Superprof Malaysia homepage. You will then be directed to a list of tutors near you.

Furthermore, you'll also be able to see if the tutors are new or are experienced, the number of current students they have as well as their students' reviews and recommendations - all this information is verified and available on their profiles!

Having a private home tutor also means you can save a lot on transportation and you don't have to worry about being late to arrive at another location. You can also freely engage in longer and direct Q&A sessions with your tutor and have more relaxed lessons.

You can also freely discuss what topics to focus on and your tutor can adjust his/her teaching method or resources immediately according to your questions/requests there and then.

The capacity to learn is a gift, the ability to learn is a skill, the willingness to learn is a choice.-Brian Herbert.

Don't hesitate to make this choice to develop your skill in Accounting and Finance.

This acquired knowledge is the best gift that you can give to yourself!

>

The platform that connects tutors and students

First Lesson Free

Enjoyed this article? Leave a rating.

5.00 (1 rating(s))
Loading...

Avid reader and writer. Loves the art of communication and is passionate about all kinds of media.