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Accounting - A1 ( Goal )
Understanding the fundamental underlying of business transactions. It able you to interpret accounts for sole traders, partnerships, non-trading organizations, limited companies and group of companies in accordance with basic accounting conventions and current accounting practice.
Accounting - A2 ( Goal )
Understanding the methods, principles and techniques of costs operations, processes, departments, products or services established with responsibility for effective use of resources involving control by variance analysis.
Accounting - A3 ( Goal )
Testing candidate's knowledge and understanding of the Basic Principles involving short term cost behaviour, short and long term profit control, with cash management and product cost ascertainment.
In order to obtain a Level 3 diploma in Business Studies (accounts), candidates must pass the below mentioned 3 subjects within a period of 12 months.
Accounting / A1 (Compulsory Subject) - LCCI accreditation
a) Recording Transaction
b) Preparation of Accounting Statements & Data:
Income statements & cash records
Balance Sheets
Partnerships
Companies
Accounting for Business Combinations
Accounting for Branches, Investments Join venture & interest on capital
Accounting Ratios, Working capital statements
c) Use & Interpretation of Accounting Statements & Data:
Measuring Business Performance
Statements as an Aid to Management Decision
Understaind the Terminology
Effect of Accounting Concepts & Up-to-date Accounting methos on Final Accounting States
Accounting / A2 (Compulsory Subject) - LCCI accreditation
a)  Stock control
b)  Marginal costing
c)  Budgetary Control
d)  Standard costing & variance
e)  Accounting systems
Accounting / A3 (Compulsory Subject) - LCCI accreditation
a)  Short term decision making
b)  Short term profit control
c)  Cash & working capital management
d)  Long term decision making & control
e)  Product cost ascertainment
f)  Transfer pricing and performance evaluation
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Call 68221108 for more information
What is Accounting?
The skill or activity of keeping records of the money a person or organization earns and spends. You can be a Qualified & Certified Accountant if you believe yourself. Do not ponder any further, call NeXGen at +65 6822 1107 / +65 6822 1108 for more detail regarding the LCCI accreditation Accounting Course.