WSQ: Basics of Accounting &
Practical Training with Info-Tech
Accounting Software
Gain deeper insights into essential accounting fundamentals and principles. Learn how modern accounting software can help your company perform account reconciliations without hassle, generate insightful financial reports, and ensure efficient bookkeeping.
Who will benefit from this course?
- Individuals looking to enhance their employability within the accounting sector
- Accounting professionals seeking to enhance their skill set
Course Overview
Enhance your accounting knowledge and proficiency with our comprehensive accounting knowledge course, featuring practical hands-on training. Whether you are embarking on an accounting career or an accounting professional seeking to refine your skills in the field, this program equips you with the necessary knowledge and skills on accounting principles and concepts. You will also learn how to leverage accounting software tools for accurate record-keeping, automate bank reconciliations, and generate detailed financial reports.
Training Format:
In-person classroom training
Duration:
16 Hours (spread across 2 Days)
Assessment Method:
Written test & practical evaluation
Course Outline
By the end of the course, learners will be able to:
- Master accounting principles, concepts and jargon.
- Grasp the concepts of accounting equation as the core of understanding the double-entry accounting system, including sales, purchase, receivables, payables, inventories, cash and bank transactions, accruals, and more.
- Effectively configure and import financial data, along with recording accounting transactions and events while upholding accounting principles and concepts through various software modules.
- Understand the process of preparing financial statements and generating a variety of financial and accounting reports.
- Efficiently perform bank reconciliations using software tools.
Course Fees & Subsidy
| Singapore Citizens & Permanent Residents (21-39 years old) |
Singapore Citizens (40 years old & above) |
|
|---|---|---|
| Course fees | S$1,000 | S$1,000 |
| Course fees after SkillsFuture subsidy | S$500 (50% subsidy) | S$300 (70% subsidy) |
| 9% GST (on full course fees) | S$90 | S$90 |
| Nett Course Fee | S$590 | S$390 |
Additional Subsidy
- Singaporeans 25 years old & above can cover remaining fees with SkillsFuture Credits.
- NTUC UTAP members can receive up to 50% support after course subsidy.
- Singaporeans 30 years old and below can cover remaining fees with Post-Secondary Education Account (PSEA).
Example
Mary, a 45-year-old professional, aims to enhance her skill set amidst the workplace's ongoing digital transformation. She considers enrolling in the Info-Tech Basics of Accounting course and has enough SkillsFuture Credits to cover the remaining course fees after subsidy. Mary will need to pay a total fee of:
| Course fees | S$1,000 |
| Course fees after SkillsFuture subsidy | S$300 (70% subsidy) |
| Nett course fee (with 9% GST) | S$390 |
| Final course fee | S$0(After applying SkillsFuture Credits, PSEA and/or UTAP, the final course fee could potentially be this amount) |
| Non-Small-Medium Enterprises (Non-SMEs) |
Small-Medium Enterprises (SMEs) | |
|---|---|---|
| Course fees | S$1,000 | S$1,000 |
| Course fees after SkillsFuture subsidy | S$500 (50% subsidy) | S$300 (70% subsidy) |
| 9% GST (on full course fees) | S$90 | S$90 |
| Nett Course Fee | S$590 | S$390 |
Additional Subsidy
- SkillsFuture Enterprise Credit (SFEC): can be used to offset 90% of remaining fees.
- Absentee Payroll: Claimable up to $4.50 per hour, capped at $100,000 per enterprise per calendar year.
- Reimbursement via Enterprise Innovation Scheme (EIS):
- Annual tax deduction of 400%, OR
- Convert 20% of course fees into cash payout.
Introducing Our Trainer
Acquire valuable insights by our certified trainer
who possesses years of training experience and extensive industry knowledge.
Grace
Grace, a Chartered Accountant and ACCA Fellow with a MSc in Professional Accountancy, possesses over 15 years of auditing and accounting experience, coupled with 5 years in training and adult learning. Proficient in several languages and passionate about upskilling, Grace specialises in conducting impactful training sessions.
Testimonials
"I am so grateful for the opportunity to learn from you. I’d like to say a big “THANK YOU” for your guidance, patience, and for making the learning experience enjoyable for all of us!"
"You are such a wonderful trainer. You made the class more interactive and comprehensible. I enjoyed every bit of the training, as well as your great sense of humor!"
"Your engaging teaching style and professionalism did not go unnoticed. Learning from you is truly a rewarding experience, and I appreciate the effort you put into making the class both informative and enjoyable."
Enhance your accounting proficiency through Info-Tech’s WSQ training
Frequently Asked Questions (FAQ)
What are WSQ courses?
Singapore Workforce Skills Qualifications (WSQ) is a national credentialing system that trains, develops, assesses and certifies skills and competencies for the workforce. WSQ training programmes are quality-assured by SkillsFuture Singapore, which awards the WSQ certifications.
How can you benefit from the Basics of Accounting & Practical Training course?
The course offers numerous benefits for attendees. Beginners will gain a comprehensive understanding on the concepts and principles of accounting, and experienced accounting professionals will learn how to effectively leverage accounting software to improve their accounting processes.
Where will the training be conducted? Will there be an online version of the course?
Training sessions will mainly be conducted at the Info-Tech office. Our course strictly adopts an on-site training approach to ensure an interactive learning environment and active involvement for both trainers and attendees. This ensures efficient and timely resolution of any queries that may arise during the training session.
What is the process of registration for a self-sponsored individual?
Sign up for your preferred course, and our consultants will get in touch with you to confirm your details, available course dates, eligible course grants, and the final net fee for the course.
What is the process for registering to sponsor my employees?
Register through sign up and our consultants will get in touch with you to confirm your employee details, available course dates, eligible course grants, and the final net fee for the course.
What are the requirements for passing the course?
To be eligible for funding, individuals must attain a minimum attendance of 75%. If the course includes an assessment component, attendees are required to complete and pass the assessment. Do note that full course fees are non-refundable regardless of assessment results.