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Courses
Preparatory Course for ACCA Diploma in Accounting and Business (RQF Level 4)
Overview
The preparatory course is ideal for working adults who are new to finance or aiming to switch to finance or those who are already working in finance and seeking a formal qualification for career progression. It equips learners (students) with the business skillset on how financial information is recorded and interpreted to address business challenges and ready to sit for the modular ACCA examination to attain the ACCA Diploma in Accounting and Business (RQF Level 4) qualification.
The ACCA Diploma in Accounting and Business (RQF Level 4), awarded by the Association of Chartered Certified Accountants, is equivalent to the first year of a degree programme, requires learners (students) to take a number of modular exams and to complete an online ACCA's ethics and professional skills module, to be awarded the Diploma qualification.
The course corresponding to trainee accountant or administrator in a financial/cost accounting role. Depending on the options you select, you could also specialise in an audit, tax or financial management-based role in any organisation - because finance is the universal language of business.
This course will impart the skills and knowledge learners (students) need to contribute to decisions and add value to the workplace.
- Modules
1 . Business and Technology (BT/FBT)
The Business and Technology (BT/FBT) syllabus introduces students who may not have a business background, to the business, which as an entity is made up of people and systems which interact with the environment and with each other.
The syllabus begins with examining the purpose and types of business which exist, the key stakeholders and the rights and responsibilities that businesses have in connection with them, exploring the external influences that affect the business in its environment, including economic, legal, social and technological factors.
The syllabus then examines the structure and functions of business, focusing on corporate governance and the specific accounting related roles in this process, particularly in financial reporting, assurance, control and compliance. The syllabus also covers financial systems including the impact of financial technology. The syllabus then introduces key leadership, management and people issues such as effective individual and team behaviour, motivation and personal effectiveness.
The final section of the syllabus examines how behaviour at all levels within business should be underpinned by accepted professional ethics and professional values.
2 . Management Accounting (MA/FMA)
The syllabus for Management Accounting (MA)/FMA, introduces candidates to elements of management accounting which are used to make and support decisions.
The syllabus starts by introducing the nature, the source and purpose of management information followed by the statistical techniques used to analyse data. Then the syllabus addresses cost accounting and the costing techniques used in business which are essential for any management accountant.
The syllabus then looks at the preparation and use of budgeting and standard costing and variance analysis as essential tools for planning and controlling business activities. The syllabus concludes with an introduction to measuring and monitoring the performance of an organisation.
3 . Financial Accounting (FA/FFA)
The syllabus for Financial Accounting (FA)/FFA introduces the candidate to the fundamentals of the regulatory framework relating to accounts preparation and to the qualitative characteristics of useful information.
The syllabus then covers drafting financial statements and the principles of accounts preparation. The syllabus then concentrates in depth on recording, processing, and reporting business transactions and events. The syllabus then covers the use of the trial balance and how to identify and correct errors, and then the preparation of financial statements for incorporated and unincorporated entities.
The syllabus then moves in two directions, firstly requiring candidates to be able to conduct a basic interpretation of financial statements; and secondly requiring the preparation of simple consolidated financial statements from the individual financial statements of group incorporated entities.
This module is UTAP Claimable for NTUC members.
Please click here for more information.
Who Should Attend ?
Company-funded employees who are required to upskill to support the work functions at the workplace.
Individual who is seeking a course to upskills for a career progression or employability.
School graduates looking to become a finance professional.
Entry Requirement
Minimum Age Requirement :
18
Language Proficiency :
A pass grade at C6 in GCE "O" Level or its equivalent, or
Exceptions : Learners (Students), who have other qualifications, will be assessed on a case-by-case basis.
1 Year Part Complete Diploma from a Polytechnic, or
2 passes at Singapore / Cambridge GCE A Level (grades A- E)
Minimum Academic Requirement :
PLUS3 Singapore / Cambridge GCE O Level passes (grades 1-6 / A1-C6) (in five separate subjects including Mathematics & English), or its equivalent approved by ACCA.
Intake :
Monthly
Fees payable to ASCENSUS INSTITUTE :
- Non refunable Application Fee : S$218 w/GST (S$200 w/o GST)
- Course Fee : S$2,599.65 w/GST (S$2,385 w/o GST)
Fees payable to ACCA
- Member registration fee : GBP 89
- Annual Fee : GBP 122 per year
- Examination Fee GBP 84 per Module
Graduation Requirement
Association of Chartered Certified Accountants (ACCA) awards will be conferred upon successful completion of the course that obtained a pass in all the required modules.