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 Financial and Management Accounting (RQF Level 3) qualification.
The ACCA Diploma in Financial and Management Accounting (RQF Level 3), awarded by the Association of Chartered Certified Accountants, is academic equivalent to GCE A Level, requires learners (students) to take two modular exams and to complete an online ACCA's ethics and professional skills module, to be awarded the Diploma qualification.
The course corresponding to accounts clerk/financial administrator in a financial and/or cost accounting roles in any organisation - because finance is the universal language of business.
The syllabus for FA2, Maintaining Financial Records, introduces the context and purpose of maintaining financial records with reference to accounts preparation.
The syllabus then concentrates in depth on the double-entry system and on recording, processing, and reporting business transactions and events, including the specific accounting for non-current assets.
The syllabus covers the use of the extended trial balance and how to identify and correct errors, including the reconciliation of the control accounts, and the posting of period end adjustments.
The syllabus also covers the preparation of final accounts for sole traders and for partnerships.
The syllabus for MA2, Managing costs and finance, introduces candidates to costing and financing principles and techniques, and elements of management accounting which are used to make and support decisions.
The syllabus starts by introducing candidates to management information clearly distinguishing it from financial accounting information. The next section introduces the basics of recording costs in management accounting. This is followed by coverage of a variety of costing techniques used in business.
The next area of the syllabus introduces candidates to the use of management accounting in support of decision making. Finally, the syllabus introduces the concept of cash management as an essential element for planning.
This module is UTAP Claimable for NTUC members.
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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.
Minimum Age Requirement :
Language Proficiency :
A pass grade at C6 in GCE "N" Level or its equivalent, or
Exceptions: Learners (Students), who have other qualifications, will be assessed on a case-by-case basis.
Minimum Academic Requirement :
At least 1 pass (grade 6) at Singapore / Cambridge GCE "N" Level or its equivalent.
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.