Courses Accounting

Accounting Courses

PEARSON LCCI LEVEL 1 CERTIFICATE IN BOOK-KEEPING

The London Chamber of Commerce and Industry LCCI International Qualifications are awarded by Pearson Education Ltd. An accredited Awarding Body providing vocational and professional qualification around the world. Pearson is accredited by the UK qualifications regulator, the Office of Qualifications and Examinations Regulation (Ofqual), and various regulatory bodies and Ministries of Education around the world recognise LCCI International Qualifications.

Employers, Universities and other professional bodies internationally recognise the LCCI international qualifications. LCCIs range of courses is designed to deliver the skills essential for success in today’s demanding commercial environment. The Pearson -LCCI winning formula lies in its flexible programme with examination at various levels thus enabling candidates to enter at the most appropriate level for their existing skills. Pearson-LCCI also offers Diplomas and Group Awards to allow candidates to add to their marketable skills and receive professional status.

Aim of the Qualification:

This qualification enable candidates to develop an understanding of the basic principles underlying the recording of business transactions, and the ability to maintain the books of, and prepare final accounts, for sole traders. This includes the record of double-entry bookkeeping of simple transactions concerning the purchase and sale of goods and the receipt and payments of cash.

This certificate is suitable for candidates who work or pursuing in areas of business that will involve the recording of financial transactions. All businesses require accurate accounting records that are maintained on a regular basis. Consequently, there is a demand for employees who possess these skills.

Entry Criteria:

Minimum Age: 16 years

Language Proficiency: Pass in English at Secondary 2 Level or equivalent

Mode of Delivery:

Classroom

Course Duration:

Weekday Class, twice a week

Start date: 7 September 2020

End date: 4 November 2020

  • Every Monday & Wednesday, 7.00 pm – 9.30 pm, unless otherwise stated
  • 18 sessions. Per session at 2.5 hours
  • Total hours-45

Course details:

Course Fee      : $400.00

Registration     : $50.00

Materials         : $80.00

Total Fee         : $530.00

Payment by 2 Installments for Weekday’s Class:

1st Payment    : $265.00 upon enrolment                         

2nd Payment   : $265.00

Examination Period for Level 1 Book-Keeping: 

Apr/Jun/Nov/Dec (subject to confirmation)

** Examination fee of $200 is to pay upon exam registration.

Graduation Criteria:

Students must have at least 75% class attendance to sit for the examination and a Pass grade in their examination to obtain certification. 

 

Grading System:

Results

Grading

Qualification Awarded

50% to 59%

Pass

Pearson LCCI Level 1 Certificate in Book-keeping

60% to 74%

Pass with Merit

75% and above

Pass with Distinction

Course Outline for Level 1:

 

Books of Original Entry and Double-Entry

  • The accounting equation –principles of the accounting equation
  • Double-entry bookkeeping – recording of transactions by double-entry
  • Books of original entry – sales invoice; purchase invoice; credit note, purchases day book; sales day book; cash book; petty cash book; journal
  • Bank transactions – methods of payments and receipt of money; the need for reconciliation statements; updating the cash books….

Accounting for Payroll

  • Calculation of payroll using time rates and incentive schemes – time rate; piece rate; bonus scheme; salaries
  • Payroll deductions – Statutory and Voluntary deductions
  • Calculation of wages – Gross and Net pay
  • Accounting for payroll – Prepare ledger entries for payroll from given data

 

Control Accounts

  • Preparation of the trade receivables ledger
  • Preparation of the trade payables ledger

Produce Financial Statements of a Sole Trader

  • Accounts for depreciation costs
  • Adjustments for accruals and prepayments
  • Adjustments for irrecoverable debts
  • Accounting concepts
  • Prepare the Financial Statements – preparation of an income statement (statement of profit or loss) for a sole trader

Overview of assessment:

  • The examination will be 2 hours
  • The paper contains FIVE questions
  • Candidates to answer ALL questions
  • The questions comprise of table completion, preparation of accounts and short open response questions

Next Level Progression:

  • Pearson London Chamber of Commerce And Industry (LCCI) Level 2 Certificate in Book-keeping and Accounts

PEARSON LCCI LEVEL 2 CERTIFICATE IN BOOK-KEEPING AND ACCOUNTS (VRQ)

The London Chamber of Commerce and Industry LCCI International Qualifications are awarded by Pearson Education Ltd. An accredited Awarding Body providing vocational and professional qualification around the world. Pearson is accredited by the UK qualifications regulator, the Office of Qualifications and Examinations Regulation (Ofqual), and various regulatory bodies and Ministries of Education around the world recognise LCCI International Qualifications. Employers, universities and other professional bodies internationally recognize the LCCI international qualifications.

LCCIs range of courses is designed to deliver the skills essential for success in today’s demanding commercial environment. The Pearson-LCCI winning formula lies in its flexible programme with examination at various levels thus enabling candidates to enter at the most appropriate level for their existing skills. Pearson-LCCI also offers Diplomas and Group Awards to allow candidates to add to their marketable skills and receive professional status.

Aim of the Qualification:

The Level 2 Certificate in Bookkeeping and Accounting consists of the range of topics detailed below:

  • Recording Financial Transactions
  • Control Accounts
  • Correction of Errors and the Journal
  • Adjustments in Financial Statements
  • Partnerships
  • Limited Liability Companies
  • Incomplete Records of a Sole Trader
  • Manufacturing Accounts
  • Accounting for Non-profit Making Organisations
  • Accounting Ratios

Entry Criteria:

Minimum Age: 16 years

Language Proficiency: Pass in English at Secondary 2 Level or equivalent

Completed LCCI Level 1 Certificate in Book-Keeping or Equivalent

Mode of Delivery:

Classroom

Course Duration:

 

Part-Time:

Start date: 01 September 2020

End date: 29 October 2020

  • 2.5 months, twice a week, every Tuesday & Thursday at 7.00pm – 9.30pm; unless otherwise stated
  • 18 sessions. Per session at 2.5 hours. Total – 45 hours

Fees:

Course Fee      : $450.00

Registration     : $50.00

Materials         : $80.00

Total Fees       : $580.00

Payment by 2 Installments:

1st Payment    : $290.00 upon enrolment

2nd Payment   : $290.00

Examination Period:

April/June/Sept/Nov (subject to confirmation)

**Note: Examination Fee of $200 to pay upon exam registration

 

Graduation Criteria:

Students must have at least 75% class attendance to sit for the examination and a Pass grade in their examination to obtain certification. 

 

Grading System:

 Results

Grading

Qualification Awarded

50% to 59%

Pass

Pearson LCCI Level 2 Certificate in Book-keeping and Accounts (VRQ)

60% to 74%

Pass with Merit

75% and above

Pass with Distinction

 

Next Progression Options:

 

  • Pearson London Chamber of Commerce And Industry (LCCI) Level 3 Certificate in Accounting (VRQ)
  • Pearson London Chamber of Commerce And Industry (LCCI) Level 2 Award in Computerised Book-Keeping Skills (MYOB)

LEVEL 3 CERTIFICATE IN ACCOUNTING 

 

The London Chamber of Commerce and Industry (LCCI) International Qualifications are recognized by universities, governments and professional bodies both locally and internationally. In Singapore, it is recognized by Association of Chartered Certified Accountants (ACCA), Chartered Institute of Marketing (CIM) and many more. The qualifications are offered at various levels.

 

You can start at a level that is most appropriate to your current knowledge and subsequently progress to other levels. This provides excellent opportunity to higher education and job advancement.

As work-related qualifications, LCCI equips you the knowledge and skills to meet job expectations. For more than 100 years, the LCCI brand is trusted and valued by employers world-wide. All qualifications bearing the LCCIIQ logo provide global marketability for our students. 

 

Aim of the Qualification:

 

The aim of this qualification is to enable candidates to develop the ability to understand Accounting Information deriving from all sources – manual, mechanical and electronic. It also develops their ability to prepare Accounting statements and data in accordance with basic accounting conventions and current accounting practice. It allows candidates to appreciate and analyze and interpret accounting statements and data.

 

Entry Criteria: 

Minimum Age: 16 years

Language Proficiency: Pass in English at Secondary 2 Level or equivalent  Completed the LCCI Level 2 Book-keeping & Accounts;    Or 

  • Completed POA at GCE ‘O’ Level or equivalent;          Or 
  • NITEC/Higher NITEC

 Mode of Delivery:

Classroom

 

Course Duration: 

 

Classes are conducted twice a week, Monday & Thursday from 7.00 pm

Course Fee:

Course Fee:     $ 600.00

Registration:   $ 50.00 

Materials:        $ 80.00 

Total:               $ 730.00                                                                                   

 

Examination Period: 

Apr/June/Nov (subjects to confirmation)

**Examination Fee of $200 to pay upon exam registration

 

Examination Period: 

Jan/Apr/June/July/Sept/Nov/Dec (subject to confirmation)

 

Graduation Criteria: 

Students must have at least 75% class attendance to sit for the examination and a Pass grade in their examination to obtain certification.  

 

Grading System:

Results

Grading

Qualification Awarded

50% to 59%

Pass

Pearson LCCI Level 3 Certificate in Accounting

60% to 74%

Pass with Merit

75% and above

Pass with Distinction

Course Outline

Accounting Level 3  

 

This module is an understanding of basic principles underlying the recording of business transactions and the ability to prepare and interpret accounts for sole traders, partnerships, non-trading organizations, limited companies and group of companies in accordance with basic accounting conventions and current accounting practice.

 

Examination format for L3 Accounting

Written Exam:

  • The time allowance for the examination is 3 hours
  • The examination paper will comprise 5 questions
  • Candidates are required to answer 4 questions
  • No question will be compulsory

 

     Next Progression

  • Preparatory Course for Pearson London Chamber of Commerce And Industry (LCCI) Level 3 Group Diploma in Accounting 
  • Preparatory Course for Pearson London Chamber of Commerce And Industry (LCCI) Level 3 Certificate in Cost and Management Accounting

•       Preparatory Course for Pearson London Chamber of Commerce And Industry (LCCI) Level 3 Certificate in Business Statistics

•       Preparatory Course for Pearson London Chamber of Commerce And Industry (LCCI) Level 3 Award in Computerised Accounting Skills (MYOB)