Association of Chartered Certified Accountants (ACCA) Diploma in Accounting and Business

Course details

The course is specially designed to also prepare students for the LCCI examinations for Level 3 Accounting, Cost Accounting and Management Accounting. Upon passing the aforementioned papers, students will also be awarded an LCCI Diploma in Accounting, which is one of the most recognised and valued accounting diplomas, not just in Singapore but all over the world. Therefore, students enrolled in this course are in fact doing two very prestigious diplomas at one go, enjoying the best of both worlds.

Aims of the Qualification

• To develop knowledge and understanding of the business environment and the influence this has on how organizations and accountants operate, and of the role of the accountant and other key business functions in contributing to an efficient, effective and ethical organization, and to build knowledge and understanding of the basic principles of effective management.
• To develop knowledge and understanding of how to prepare and process basic cost and quantitative information to support management in planning and decision-making in a variety of business contexts.
• To develop knowledge and understanding of the underlying principles, concepts and regulations relating to financial accounting and technical proficiency in the use of double-entry accounting techniques.

Average Teacher to Student Ratio

1:30

Course Topics

F1: Accountant in Business

• The business organization, its stakeholders and the external environment
• Business organizational structure, functions and governance
• Accounting and reporting systems, controls and compliance
• Leading and managing inpiduals and teams
• Personal effectiveness and communication
• Professional ethics in accounting and business

F2: Management Accounting

• The nature, source and purpose of management information
• Cost accounting techniques
• Budgeting
• Standard costing
• Performance measurement

F3: Financial Accounting

• The context and purpose of financial reporting
• The qualitative characteristics of financial information
• The use of double-entry and accounting systems
• Recording transactions and events
• Preparing a trial balance
• Preparing basic financial statement
• Preparing simple consolidated financial statements
• Interpretation of financial statements

Entry Criteria

Level 2 Certificate in Book-Keeping & Accounts or equivalent

Assessment Mode

Computer-Based Exams (CBEs)

Award Criteria

Results are uploaded by the licensed centre and will be transferred to your ACCA account within 72 hours.