WSQ: Basics of Accounting &
Practical Training with Info-Tech
Accounting Software
Understand vital accounting fundamentals and principles, learn how to perform fast account reconciliation, generate insightful financial reports, and ensure efficient bookkeeping with modern accounting software.
Who is this course for?
- Individuals to upgrade their employability in the accounting sector
- Accounting professionals to enhance their skills
Course Overview
Boost your accounting capabilities and efficiency with our course on essential accounting knowledge combined with practical hands-on training. Whether you are an individual looking to start a career in accounting or an accounting professional seeking to enhance your skills, you will gain a keen understanding of accounting principles and concepts, and master useful software tools to maintain accurate records and transactions, automate bank reconciliation, and generate detailed financial reports.
Mode of Training:
Classroom In-person Training
Duration:
16 Hours (2 Days)
Mode of Assessment:
Written Assessment & Practical Performance
Course Outline
By the end of the course, learners will be able to:
- Learn the principles and concepts of accounting as well as common accounting jargon.
- Understand the accounting equation as the basis for comprehending the double-entry accounting system related to sales, purchases, receivables, payables, inventories, cash and bank, accruals, etc.
- Configure and import financial data, and record accounting transactions and events accurately while adhering to accounting principles and concepts using different software modules.
- Know how financial statements are prepared and how to generate various financial and accounting reports.
- Perform bank reconciliation quickly with the help of 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
John is a 40-year-old professional who wants to expand his skillset. He wants to enrol in the Info-Tech Accounting course and has enough SkillsFuture Credits to cover the remaining course fees after subsidy. Total fees John has to pay will be:
| 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.
Meet The Trainer
Gain valuable insights from a certified trainer who has years
of experience in training and industry knowledge.
Grace
Grace, a Chartered Accountant and ACCA Fellow with a MSc in Professional Accountancy, has over 15 years' experience in auditing and accounting, alongside 5 years in training and adult learning. Being multilingual and an advocate for upskilling, Grace is recognised for delivering 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."
Upgrade your accounting expertise and skills with Info-Tech’s WSQ training
Frequently Asked Questions (FAQ)
What are WSQ courses?
The Workforce Skills Qualifications (WSQ) is a national credential system that trains, develops, assesses and certifies skills and competencies for Singapore’s workforce. WSQ courses are quality-assured by SkillsFuture Singapore, which awards the WSQ certifications.
What are the benefits of attending the Basics of Accounting & Practical Training course?
This course offers many benefits for the participants. By completing this course, beginners will develop a thorough understanding of accounting concepts and principles, while advanced professionals will learn how to automate and improve their accounting processes using accounting software.
Where is the training held? Is there an online version of this course offered?
The training will be held at Info-Tech premises. Our course strictly focuses on on-site training. This approach guarantees an enriching learning experience, as it promotes active involvement and direct interaction between trainers and participants. This way, both parties can effectively address any questions or concerns that may arise.
How do I register as a self-sponsored individual?
Sign up for the course you are interested in, and our consultants will contact you to verify your particulars, available course dates, eligible course grants, and the final net fee for the course.
How do I register to sponsor my employees?
Register via sign up and our consultants will contact you to verify the attending trainee particulars, available course dates, eligible course grants, and final net fee for the course.
Is there any requirement for passing the course?
Individuals must achieve at least 75% attendance to be eligible for the funding. For courses with an assessment component, they will also need to complete and pass the assessment. Full course fees are non-refundable regardless of the grade.