WSQ Essentials of Double-Entry Bookkeeping (LCCI L1 Prep course)

Accounting Training Courses in Singapore

WSQ Essentials of Double-Entry Bookkeeping (LCCI L1 Prep Course)

Master the fundamentals of double-entry bookkeeping with the WSQ LCCI Level 1 Course. Learn to record transactions, balance ledgers, and prepare financial statements. Ideal for beginners seeking essential bookkeeping skills to kickstart their accounting career with confidence.

WSQ

Singapore Workforce Skills Qualifications

SkillsFuture
Eligible

PSEA

Post Secondary Education Account

UTAP

Union Training Assistance Programme

Training fee: WSQ Essentials of Double-Entry Bookkeeping (LCCI L1 Prep course)

Before funding Bundle Course Fee: $595.00/pax + 9% GST

  Self-sponsor/ Non-SME Company Sponsor SME Company Sponsor
Full Course Fee
(no funding)		 Age 21-39 S/PRs
(SkillsFuture Funding Baseline)		 Age 40 above
(SkillsFuture Mid-career Enhanced Subsidy)		 SME Company Sponsor
(SkillsFuture Enhanced Training support for SMEs)
Full Course Fee (bef funding) $595.00 $595.00 $595.00 $595.00
SkillsFuture Funding (WSQ) - $0.00 - $297.50 - $416.50 - $416.50
GST (On Full Fee) + $53.55 + $53.55 + $53.55 + $53.55
Total Payable
(After Funding and GST Included)		 $648.55
(After Funding and GST Included)		 $351.05
(After Funding and GST Included)		 $232.05
(After Funding and GST Included)		 $232.05
(After Funding and GST Included)
Click Here for Additional Funding Support

Payable amount after WSQ funding is eligible for further support from SFEC, SkillsFuture, PSEA & UTAP where applicable

Schedule

  • Days: 5 Days
  • Time Duration: 30 Hours
  • Timing: 9:30 AM – 4:30 PM
  • Venue: 10 Anson Road, International Plaza, Singapore 079903

SSG Course Details

  • TGS-2024049778

  • Mode of Training : Physical Training
  • Course Validity : 16-10-2024 to 15-10-2026

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

Aged 21 and above
English literacy (training conducted in English only)
Basic internet & computer operation skills

Who Should Attend WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course

This WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course is perfect for beginners, small business owners, and aspiring accountants. It’s also ideal for those seeking to build a strong foundation in double-entry bookkeeping and financial record management.

Analyst

Business professionals

Entrepreneur

Training Professionals

Student

WSQ Essentials of Double-Entry Bookkeeping Course in Singapore

The purpose of this introductory level qualification is to give students essential skills in, and knowledge of, double-entry bookkeeping. A review of the qualification requirements at this level identified the main functions of bookkeeping in a business. This qualification therefore includes content on these main functions:

  • Books of original entries
  • Double-entry bookkeeping
  • The ability to maintain up-to-date records of all financial transactions in an appropriate format using accounting record books (the ledgers)
  • Introduction to financial statements (without provisions for doubtful debts and only two methods of depreciation).

Target Audience:

  • Aspiring Bookkeepers: Individuals seeking foundational knowledge in bookkeeping to start a career in accounting or finance.
  • Small Business Owners/Entrepreneurs: Those managing their own business accounts and looking to enhance financial management skills.
  • Accounting/Finance Beginners: Students or professionals transitioning into accounting or finance roles.
  • Administrative Professionals: Office staff responsible for handling day-to-day financial records.
  • Career Switchers: Individuals exploring new career opportunities in bookkeeping or accounting.
  • Freelancers/Consultants: Professionals managing personal or client accounts.
  • Corporate Staff: Employees aiming to improve their understanding of financial recordkeeping for work-related purposes.

Training fee

Course fee before funding: $595.00/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.

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): 0.25 hour
  • * Practical Performance: 0.75 hour

Funding

We are glad to inform that we have this WSQ Essentials of Double-Entry Bookkeeping (prep course for LCCI L1) as a WSQ certified course with upto 70% funding. Our upcoming schedules are as follow:

WSQ Course Certificate:

Upon passing the Course Assessment and achieved minimum 75% attendance you will receive a WSQ Statement of Attainment (SOA) for ACC-CRP-2002-1.1 (Financial Closing-2)

LCCI Exams Information:

The exam fee is not included in above mentioned training fee, $320 per paper, including two free revision lessons (Please note the exam is not compulsory, If you take & pass the LCCI exam(s), you will get the international LCCI certificate issued by LCCI organization – IAB. ).
The exam is scheduled by the IAB-LCCI, with around 3-5 exam sessions held each year.
Registration typically opens 2-3 months before the exam dates. Closer to the time, we will email you the registration form, payment details, and submission deadlines.
For exam details and schedules, visit: LCCI Exam Info
For exam registration (Inspizone students only), use this form when available: Exam Registration Form

IAB Diploma conversion

Trainees can convert their Certificate into a Diploma as below. The conversion fee is $100/diploma bef GST. 

IAB LCCI Diplomas

  1. Level 3 Diploma in Accounting and Finance: Level 3 Certificate in Accounting + any 2 of the following three subjects; Level 3 Certificate in Business Statistics, Level 3 Certificate in Cost and Management Accounting or Level 3 Certificate in Advance Business Calculations.
  2. Level 3 Diploma in Cost and Management Accounting: Level 3 Certificate in Cost and Management Accounting + any 2 of the following three subjects; Level 3 Certificate in Accounting, Level 3 Certificate in Business Statistics or Level 3 Certificate in Advance Business Calculations.
  3. Level 2 Diploma in Bookkeeping and Accounting: Level 2 Certificate in Bookkeeping and Accounting + any 2 of the following 3 subjects; Level 2 Certificate in Business Calculations, Level 2 Certificate in Cost Accounting or Level 2 Certificate in Business Statistics.

WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course Outline

Lesson 1

  • Apply double-entry accounting principles to accurately record transactions in journals and ledger

Lesson 2

  • Prepare customer account reconciliations according to accounting standards for assets, liabilities, and depreciation

Lesson 3

  • Select the types of financial statements for reporting according to the needs of internal stakeholders.

ADDITIONAL SUPPORT

For Company

* Eligible companies can reimburse up to 90% of the payable amount via SFEC

For Self-sponsor

* Singaporean can offset the payable amount via SkillsFuture Credit (Except Mid Career Credit) and/or PSEA

* NTUC Union members can reimburse of up to 50% of the unfunded fee under UTAP
Enjoy up to $250 UTAP support. More info: UTAP

Note: minimum 75% attendance & passing all the assessment are required for WSQ subsidy deduction.