WSQ Fundamentals of Bookkeeping and Accounting Course

Accounting Training Courses in Singapore

WSQ Fundamentals of Bookkeeping and Accounting Course

Master the basics of bookkeeping and accounting with the WSQ Fundamentals course. Learn double-entry principles, financial recording, and account management. Ideal for beginners and professionals seeking practical skills to manage finances accurately and ensure compliance with confidence.

WSQ

Singapore Workforce Skills Qualifications

SkillsFuture Eligible

PSEA

Post Secondary Education Account

Schedule

  • Days: 3 Days
  • Time Duration: 24 Hours
  • Timing: 9:30 AM – 5:30 PM
  • Venue: 10 Anson Road, International Plaza, Singapore 079903

SSG Course Details

  • TGS-2023040965

  • Mode of Training : Physical Training
  • Course Validity : 26 Dec 2023 to 25 Dec 2025

Key Features

  • Hands-On Exercises
  • Attention to each participants
  • 10 Year Experienced Trainer
  • SkillsFuture Approved Course

  • Step-By-Step Course
  • 100% Satisfactory Record
  • Trained more than 10000 Participants

Entry Requirements

Above 16 years old
High School Level English
Basic internet & computer operation skills

Who Should Attend WSQ Fundamentals of Bookkeeping and Accounting Course

This Corporate Tax Training is designed for finance professionals, accountants, tax practitioners, business owners, and managers handling corporate tax matters. Ideal for those seeking to enhance their knowledge of tax regulations, compliance, and strategies for effective tax planning.

Analyst

Business professionals

Entrepreneur

Training Professionals

Student

What Will You Learn WSQ Fundamentals of Bookkeeping and Accounting Course

By the end of this course, participants will be proficient in applying transactional accounting principles to accurately record financial events. The key learning outcomes include:

  • Double-Entry Accounting: Learners will master recording double-entry transactions, including debit and credit entries for sales, purchases, receivables, payables, and cash transactions.
  • Inventory, Accruals, and Prepayments: Participants will learn to record inventories, accruals, and prepayments, ensuring these are accurately reflected in sales, purchases, receivables, payables, and cash transactions.
  • Cash Flow Statements: Learners will be able to prepare basic cash flow statements, detailing all incoming and outgoing cash transactions for reporting to internal stakeholders.
  • Financial Reporting Guidelines: Participants will gain an understanding of the guidelines within the Singapore financial reporting regulatory framework and learn to interpret these effectively.

Training fee

*Course fee before WSQ funding: $695.00/pax + 9% GST.

Training material:

Only soft copy included, printed copy is payable additionally, please check with our sales

Funding: (GST included)

*The funding amount mentioned is indicative and will be confirmed upon registration.

Course Fee Subsidies for SMEs

SINGAPORE CITIZENS AND PRS ≥ 21

70% of Course Fees

WSQ Deductible: $486.5

Payable: $271.05 (including GST) 

Passing Exam & Full Attendance required

Course Fee Subsidies for Non-SMEs

SINGAPORE CITIZENS ≥ 40

SINGAPORE CITIZENS < 40 AND PRS

70% of Course Fees

50% of Course Fees

WSQ Deductible: $486.5

Payable: $271.05 (including GST)

WSQ deductible: $347.5

Payable $410.05 (including GST)

Passing Exam & Full Attendance required

Course Fee Subsidies for Self-sponsored Individuals

SINGAPORE CITIZENS ≥ 40

21⩽SINGAPORE CITIZENS < 40 AND 21 ⩽PRS 

70% of Course Fees

50% of Course Fees

WSQ Deductible: $486.5

Payable: $271.05 (including GST) 

 (Can be offset by Skillsfuture credits if have)

WSQ deductible: $347.5

Payable $410.05 (including GST) (Can be offset by Skillsfuture credits if have)

Passing Exam & Full Attendance required

Kindly note that you are required to achieve a minimum of 75% attendance and be certified competent in all the assessment components. Should you fail to meet the attendance/assessment requirements and/or terms and conditions of SSG’s funding, you will not be eligible for the course fee funding and will have to bear the full course fees.

Discount policy:

* 4 pax from a same group: 5% discount for each person
* 5 pax from a same group: 10% discount for each person

Assessment Plan:

Written Assessment – Short Answer Question (WA-SAQ): 1 hour
Practical Performance: 1 hour

WSQ Fundamentals of Bookkeeping and Accounting in Singapore Outline

Lesson 1

  • Bookkeeping Fundamental and Double Entry Accounting

Lesson 2

  • Record Transactions and Events

Lesson 3

  • Prepare Basic Cash Flow Statement

Lesson 4

  • Financial Reporting Regulatory Framework