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Preparatory Course for LCCI Level 1 Certificate in Book-Keeping

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Qualification to be Awarded

Certificate in Book-Keeping (level 1)

Awarding Body

London Chamber of Commerce and Industry (LCCI), UK  

lcci2 

London Chamber of Commerce and Industry International Qualifications (LCCI IQs) have been awarded since 1887 and are recognised by employers, governments and universities worldwide. In 2003, the London Chamber of Commerce and Industry Examination Board merged with Goal assessments, a pioneer in online testing, forming EDI.

Edi has now become one of the UK's leading awarding bodies, accredited by the British government, and also work closely with Ministries of Education around the world.

There are more than 5,000 training centres, schools, colleges, universities in 103 countries offering LCCI International Qualifications, and every year approximately 250,000 students choose the qualifications to further their professional and academic careers.

About the Qualification
This qualification is suitable for candidates who work or wish to work in areas of business that will involve the recording of financial transactions. It builds on and extends the knowledge and skills developed at the introductory level and is a good progression route to the Level 2 Certificate in Book-Keeping and Accounts.

Aims of the Qualification

The aims of this qualification are to enable candidates to develop:
  • an understanding of the basic principles underlying the recording of business transactions
  • the ability to maintain the books of, and prepare final accounts for, sole traders
Course Duration
Part-Time: 5 weeks (30 hours)

Course Delivery

The course will be delivered on a part-time basis in 10 lessons of 3 hours each.

The course is wholly delivered in Singapore. Students will have access to local tutors and resources provided by Uptrend College. Resources and materials provided for students will include lecture notes and references for reading in books, professional journals, articles and websites.

Average Teacher to Student Ratio

1:30

Course Topics

  • The Accounting Equation and the basis of double-entry book-keeping
  • Recording transactions through double-entry
  • Balancing accounts
  • Purchases/Sales/Returns
  • The Ledger:  Its sub-division
  • Day Books
  • Bank facilities/methods of payment or receipt of money
  • Cash Book and Cash Discount
  • Bank Reconciliation
  • Petty Cash Book and the Imprest System
  • Trial Balance
  • Adjusting for Accruals and Prepayments in the Final Accounts
  • Depreciation of Fixed Assets
  • The Entries relating to Bad Debts
  • The Journal
  • Capital and Revenue Expenditure
  • Errors in the Accounts and their Correction
  • Effect of Profit  (or Loss) and Drawings upon Capital
  • Trading and Profit and Loss Accounts
  • The Balance Sheet
  • Control Accounts – an introduction 

Entry Criteria

PSLE level or equivalent

Assessment Mode

100% Examination Based

Examination Period

April/ June/ November

Award Criteria

  • Certificate (FOC) will be awarded for the subject passed (50% mark)
  • Minimum 75% attendance is required for the subject to qualify for a Certificate of Attendance if requested
Fees
Application Fee     :  S$30 
Course Fee           : S$328 
Materials Fee : S$20
Examination Fee : S$115

All above fees are subject to 7% GST charges.

Fees may change periodically without prior notice. 


Last Updated: 01 February 2012

 

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