Course Overview
Build your skills in accounting with our course on essential accounting knowledge. Perfect for anyone starting or advancing in accounting, this course helps you gain a thorough understanding of accounting principles and concepts needed to manage accounting tasks effectively.
With practical exercises using a cloud-based accounting software, you’ll become proficient in using key accounting software tools to maintain accurate records and transactions, perform swift bank reconciliations, and generate detailed financial reports.
Mode of Training:
Classroom (Info-Tech Office)
Duration:
16 Hours (2 Days)
Mode of Assessment:
Written & Practical Performance Assessment
Course Outline
By the end of the course, learners will be able to:
- Explore the core accounting concepts, terminology, and frameworks to confidently manage the day-to-day accounting tasks.
- Apply the double-entry method accurately for recording transactions involving sales, purchases, receivables, payables, inventory, cash flow, and accruals.
- Learn to create and customise a chart of accounts within accounting software to suit business needs.
- Import financial records and log transactions precisely, ensuring consistency with standard accounting practices.
- Generate a wide range of financial and accounting reports using software tools for better insight and decision-making.
- Conduct bank reconciliations using accounting software to improve efficiency and maintain accurate financial records.
Practical Hands-on Activities
Hands-on Practice with Real Cloud Accounting Software:
- Enter accounting transactions using realistic business scenarios
- Carry out accurate bank reconciliations based on real data
- Create financial reports to reflect actual company performance
Earn your Accounting Course Certificate
On successful completion of the course, you will be awarded a certificate from the Info-Tech Academy. It comes with a WSQ Statement of Attainment, which will recognise your interest to upskill and commitment to growth.
Course Fees & Subsidy
| Singapore Citizens (21 - 39 years old) & SPR | Singapore Citizens (40 years old & above) |
|
|---|---|---|
| Course fees | S$1,000 | S$1,000 |
| Course fees after SkillsFuture subsidy | S$500 (After 50% subsidy) |
S$300 (After 70% subsidy) |
| 9% GST (on full course fees) | S$90 | S$90 |
| Nett Course Fee | S$590 | S$390 |
Additional Subsidy
- SFC - Singaporeans 25 years old & above can cover remaining fees with SkillsFuture Credits.
- PSEA - Singaporeans 30 years old and below can cover remaining fees with Post-Secondary Education Account (PSEA).
- UTAP - NTUC UTAP members can receive up to 50% support after course subsidy.
Example
John is a 40-year-old professional who wants to expand his skillset. He wants to enrol in the Info-Tech Integrating HRMS 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 (After 50% subsidy) | S$300 (After 70% subsidy) |
| 9% GST (on full course fees) | S$90 | S$90 |
| Nett Course Fee | S$590 | S$390 |
Additional Subsidy
- SFEC - SkillsFuture Enterprise Credit (SFEC): can be used to offset 90% of remaining fees.
- AP - Absentee Payroll: Claimable up to $4.50 per hour, capped at $100,000 per enterprise per calendar year. or training conducted outside working hours, AP funding is given to the employers to defray the overtime pay that was paid to their employees. Hence to qualify for AP funding, employers must have in place a Human Resource (HR) policy which provides for the payment of overtime pay to employees for these training hours and pay their employees overtime pay for these hours, in accordance with the HR policy.
- EIS
Reimbursement via Enterprise Innovation Scheme (EIS):
- Annual tax deduction of 400%, OR
- Convert 20% of course fees into cash payout.
- SME Eligibility Criteria
- Registered or incorporated in Singapore
- Employment size of not more than 200 (at group level) or with annual sales turnover (at group level) of not more than $100 million
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, 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
“Your professionalism and thorough attention to detail in delivering the material have truly made a lasting impression. I greatly appreciated your patience and willingness to address our questions, ensuring that every concept was understood with clarity.”
“Ms Grace made learning accounting surprisingly engaging ! Her clear explanations and real-world examples made even the most complex concepts easy to understand. I felt confident approaching her with questions and her enthusiasm for the subject was admirable.”
“With zero knowledge on accounting, learning a new skill is challenging for me, but Ms Grace's patience made all the difference. She made an effort to covered as much as possible during the two days class. She was always willing to re-explain and answer questions not only during class and even after class. Appreciate your hard work for the class and THANK YOU to you.”
“Ms. Grace is an exceptional accounting trainer! The course was well-structured, informative and engaging. I highly recommend Ms. Grace to anyone looking to improve their accounting knowledge and skills.”
Elevate your accounting knowledge with expert-led WSQ training
Frequently Asked Questions (FAQ)
Why should I attend this accounting course?
This course provides a strong foundation in accounting principles for both beginners and professionals in accounting. You’ll learn to perform fast bank reconciliation, generate detailed financial reports, and maintain accurate records with the help of an accounting software, an indispensable tool in today’s digital landscape.
The course emphasises the practical application of this software, helping you integrate technology into your financial management. This enables you to streamline operations, improve accuracy, and make better financial decisions.
What are the prerequisites for enroling in this accounting course?
Learners must meet the following entry requirements to enrol in this course:
- Possess a min. of 3 GCE ‘O’ Levels passes including English, or have Workplace Literacy (WPL) Level 5 (Average of Reading, Listening, Speaking & Writing Scores)
- Basic computer skills – ability to perform basic computer functions
- Min. of 1 year of work experience
Where is the training held? Is there an online version of this course offered?
The training will be held at Info-Tech's premises, conveniently located at 80 Bendemeer Road. Our training rooms are designed to be conducive and promote active involvement and direct interaction between trainers and the learners.
Online version of this course is currently unavailable. However, we may have plans to hold an online class in the future. More details will be posted on our website once it is ready.
Do I have to bring anything along for the class?
You will be informed of the items to bring via a course confirmation email which you will receive after registering for the course.
How do I register for this accounting course?
For self-sponsored individuals, you can select your preferred time slot for the class and register here. For corporate sign-ups, you may fill out our enquiry form here. Our advisors will contact you to verify your details, share available course dates, discuss eligible course grants, and provide the final nett fee for the course.
What are the requirements to successfully complete this accounting course?
Learners must achieve at least 75% attendance for the course. They will also need to complete and pass the assessment of the course.
Will there be any certification awarded if I complete this accounting course?
Learners who successfully complete the course will receive a certificate of completion issued by Info-Tech Academy and a WSQ Statement of Attainment.