WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course in Singapore
WSQ
Singapore Workforce Skills Qualifications
SkillsFuture
Eligible
PSEA
Post Secondary Education Account
5 DAYS
Course Days
30 HOURS
Course Duration
9:30 AM - 4:30PM
Course Timings
VENUE
10 Anson Road, 26-08A International Plaza, Singapore 079903
Course Start Date
WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course in Singapore
Enhance your accounting skills with the WSQ LCCI Level 1 Bookkeeping course in Singapore. You’ll learn how to keep accurate and organised financial records while mastering the basics of double-entry bookkeeping—perfect for building a solid foundation in your accounting career.
Understanding Double-Entry Bookkeeping: Learn the core principles of bookkeeping, including debit, credit, and ledger entries, designed for a professional setting.
Creating Accurate Financial Records: Develop the ability to record and organize complex financial data clearly and concisely.
Writing for Financial Documents: Gain experience in drafting essential bookkeeping records, such as balance sheets and profit-and-loss statements.
Analytical Techniques: Learn strategies to analyze and interpret financial data for informed decision-making.
Feedback and Practice: Receive constructive feedback on your bookkeeping records with opportunities for hands-on practice to sharpen your skills.
Building Confidence: Increase your confidence in managing financial documents, enhancing your effectiveness in the workplace.
What You'll Learn specifically
This course helps learners develop the essential skills and knowledge required to maintain business records, using books of original entry and double-entry bookkeeping.
This qualification is an introduction for bookkeeping and allows progression to IAB LCCI Level 2 Certificate in Bookkeeping and Accounting (VRQ).
At the end of the course, learners will be able to Perform reconciliation on account balances by achieving the following Learning Outcomes below.
Who Should Attend This WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course in Singapore
We are glad to inform that we have this WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course in Singapore. training as a WSQ certified course with upto 70% funding.
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Entry Requirements
Above 16 years old
High School Level English
Basic internet & computer operation skills
Course Completion Requirements
Minimum 75% attendance is required in order to complete the course and receive the course completion certificate
Training fee: WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course
Before funding Bundle Course Fee: $595.00/pax + 9% GST
| Self-sponsor/ Non-SME Company Sponsor | SME Company Sponsor | |||
|---|---|---|---|---|
| Full Course Fee (no funding) |
Age 21-39 S/PRs (SkillsFuture Funding Baseline) |
Age 40 above (SkillsFuture Mid-career Enhanced Subsidy) |
SME Company Sponsor (SkillsFuture Enhanced Training support for SMEs) |
|
| Full Course Fee (bef funding) | $595.00 | $595.00 | $595.00 | $595.00 |
| SkillsFuture Funding (WSQ) | - $0.00 | - $297.50 | - $416.50 | - $416.50 |
| GST (On Full Fee) | + $53.55 | + $53.55 | + $53.55 | + $53.55 |
| Total Payable (After Funding and GST Included) |
$648.55 (After Funding and GST Included) |
$351.05 (After Funding and GST Included) |
$232.05 (After Funding and GST Included) |
$232.05 (After Funding and GST Included) |
Payable amount after WSQ funding is eligible for further support from SFEC, SkillsFuture, PSEA & UTAP where applicable
Grants available
WSQ
Singapore Workforce Skills Qualifications
WSQ Fund: Baseline funding deduction upto 70% for Singaporeans/ PRs. Further SFEC, Absentee Payroll and WSS applicable.
SkillsFuture Eligible
SkillsFuture Credit: Singaporeans can use $500 SkillsFuture Credits for this training to offset the course fees
PSEA
Post-Secondary Education Account
PSEA Funds: are available for Singaporean Citizens to cover the approved fees and charges related to WSQ programs.
Course Outline
Lesson 1
- Apply double-entry accounting principles to accurately record transactions in journals and ledger
Lesson 2
- Prepare customer account reconciliations according to accounting standards for assets, liabilities, and depreciation
Lesson 3
- Select the types of financial statements for reporting according to the needs of internal stakeholders.
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Read MoreFAQ for the Learn WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course in Singapore
What is the WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course?
This course covers the core principles of accounting with a focus on double-entry bookkeeping. You'll learn how to record and manage financial transactions accurately using the double-entry system, a fundamental skill in financial accounting.
What if I fail/did not complete the assessment?
You will be considered non-competent and no Statement of Attainment (SOA) will be awarded. You are required to pay the complete course fee, which includes the SSG’s funding requirement.
What will I learn in the course?
You’ll learn the basics of double-entry bookkeeping, understanding the chart of accounts, journal entries, ledgers, trial balances, and basic financial statements.
Is prior accounting knowledge required for this course?
No, prior knowledge is not required. The course is designed for beginners, with a step-by-step approach to mastering essential bookkeeping skills.
How long is the course?
The course typically takes 5 full days or 10 3-hour sessions.
What are the benefits of completing this course?
Upon completion, you’ll gain a strong foundation in double-entry bookkeeping, which is essential for managing financial records accurately in any business setting.
Will I receive a certification?
Yes, upon successful completion of the course, you will receive the WSQ certification, which is recognized in Singapore and can enhance your career prospects in accounting and finance.
Who is this course suitable for?
This course is ideal for beginners or individuals looking to enhance their understanding of bookkeeping, especially those working in finance or business-related roles.
ADDITIONAL SUPPORT
For Company
* Eligible companies can reimburse up to 90% of the payable amount via SFECFor Self-sponsor
* Singaporean can offset the payable amount via SkillsFuture Credit (Except Mid Career Credit) and/or PSEA * NTUC Union members can reimburse of up to 50% of the unfunded fee under UTAP Enjoy up to $250 UTAP support. More info: UTAP
Note: minimum 75% attendance & passing all the assessment are required for WSQ subsidy deduction.
Address
10 Anson Road,
26-08A International Plaza
Singapore 079903
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