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Accounting Training Courses in Singapore

WSQ Accounting For Non-finance Managers Course

WSQ

Singapore Workforce Skills Qualifications

SkillsFuture Eligible

PSEA

Post Secondary Education Account

Schedule

  • Days: 2 Days
  • Time Duration: 16 Hours
  • Timing: 9:30 AM – 5:30 PM
  • Venue: 10 Anson Road, International Plaza, Singapore 079903

SSG Course Details

  • TGS-2024044615

  • Mode of Training : Physical Training
  • Course Validity : 23 April 2024 to 22 April 2026

Entry Requirements

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

Key Features

  • Aspiring Accountants
  • Small Business Owners
  • Office Administrators
  • Career Switchers
  • Fresh Graduates

Target Audience:

  • Aspiring Accountants
  • Small Business Owners
  • Office Administrators
  • Career Switchers
  • Fresh Graduates

Who Should Attend This WSQ Accounting For Non-finance Managers Course

The WSQ Accounting for Non-Finance Managers course in Singapore is tailored for individuals who are new to Microsoft Excel and seek to establish a solid foundation in using this powerful spreadsheet software.

Analyst

Business professionals

Entrepreneur

Training Professionals

Student

What Will You Learn WSQ Accounting For Non-finance Managers

By the end of this course, participants will gain practical skills in transactional accounting to effectively record financial events. The key learning outcomes are as follows:

Mastering Double-Entry Accounting

Participants will be able to accurately record double-entry transactions, including debits and credits, for sales, purchases, receivables, payables, and cash transactions.

Handling Inventories, Accruals, and Prepayments:

Participants will learn to record inventories, accruals, and prepayments accurately in relation to sales, purchases, receivables, payables, and cash transactions.

Preparing Basic Cash Flow Statements:

Participants will acquire the skills to prepare basic cash flow statements, documenting all incoming and outgoing cash transactions, for internal reporting purposes.

Interpreting Singapore Financial Reporting Guidelines:

Participants will be able to understand and apply the guidelines set forth in the Singapore financial reporting regulatory framework.

Training fee

*Total Course Fee Per Trainee bet GST – $595 + 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 Accounting For Non-finance Managers Course in Singapore Outline

Lesson 1

Evaluate the application of current accounting standards and equations to ensure compliance with changes in financial reporting processes.

Lesson 2

Compile financial statements and ensuring accuracy and adherence to ACRA regulatory requirements.

Lesson 3

Evaluate significant accounting issues and limitation in financial statements.

FAQs for the WSQ Accounting For Non-Finance Managers Course in Singapore

What is the WSQ Accounting for Non-Finance Managers Course?

This course equips non-financial managers with essential accounting knowledge, helping them understand financial statements and make informed decisions.

What if I fail/did not complete the assessment?

You will be considered non-competent and no Statement of Attainment (SOA) will be awarded.
You are required to pay the complete course fee, which includes the SSG’s funding requirement.

How long is the WSQ Accounting for Non-Finance Managers Course?

The course duration is typically 2 days, with a mix of theory and practical learning.

What will I learn in this course?

You will learn how to interpret financial statements, understand budgeting, manage costs, and apply accounting principles to improve business decisions.

Are there any prerequisites for this course?

No prior accounting knowledge is required, making it suitable for beginners in financial management.

Will I receive a certification after completing the course?

Yes, participants will receive a WSQ certification upon successful completion, which is recognized by employers in Singapore.

How can this course benefit my career?

This course enhances your ability to understand financial data, improve decision-making, and manage budgets, making you a valuable asset in any organization.

Who should enroll in this course?

This course is ideal for managers, team leaders, and business owners without an accounting background, seeking to enhance their financial literacy.