BMC International College

Introduction

LCCI or The London Chamber of Commerce and Industry has over 100 years of experience in providing trusted and valued business-related qualifications. Employers, universities and other professional bodies internationally recognise the LCCI international qualifications. LCCI's range of courses is designed to deliver the skills essential for success in today's demanding commercial environment. The LCCI winning formula lies in its flexible programme with examination at various levels thus enabling candidates to enter at the most appropriate level for their existing skills. LCCI also offer Diplomas and Group Awards to allow candidates to add to their marketable skills and receive professional status.

Graduates of this course will have an essential and vital understanding of the systematic recording of what a business owns, what it owes, its income, its overheads, its expenses and all business transactions in money terms pertaining to all of a business' activities. This course is designed for someone who recognises that a more efficient method depends on improved knowledge and also it is a must for those who aspire to set up a business with comprehensive accounting records.

Entry Qualifications

Above 16 years old

Course Contents

Elementary Book-Keeping (1st Level

(8 Sessions | 24 contact hours)

The record of double-entry book-keeping of simple transactions concerning the purchase and sale of goods and the receipt and payment of cash.

• Book of prime entry such as purchases, sales, return inwards, return outwards and the journal.
• Methods of payment and receipt such as cheques, standing orders, credit transfers, direct debits
• Bank reconciliation
• Trade and cash discounts - essential differences and how these are recorded
• Petty-cash book and the imprest system
• The ledger and its various entries
• The distinction between personal, real and nominal accounts
• Capital expenditure and revenue expenditure
• Fixed and current assets
• Adjustment of accruals and pre-payments
• Depreciation - straight line and reducing balance methods
• Provision for bad and doubtful debts
• Opening and closing stock for trading accounting purposes
• Receipts and payment accounts, income and expenditure accounts
• Trading and Profit & Loss accounts
• Balance Sheet

Intermediate Book-Keeping (2nd Level)

(16 sessions | 48 contact hours)

Advanced aspects of elementary book-keeping.
The ledger accounts for:

• Sole trader
• Partnerships
• Limited liability companies
• Non-trading organisations
• Preparation of accounts in vertical of horizontal form
• Calculation and interpretation of accounting ratios such as ROCE (Return On Capital Employed), profit to sales, current ratio, liquidity ratio, rate of stock turnover and sales to capital employed.

Award Criteria

Note: Course syllabus will be provided upon registration.

Pre-register “ LCCI Level 2 Certificate in Book Keeping and Accounts - Complete” with us to receive a waiver of $50 Regsitration Fee when you decide to enrol. This offer is only valid for online pre-registration.

This pre-registration is applicable only to Singapore citizens, PRs
and valid pass holders.
Not applicable to subsidies enrolment
(SDF/WDA, NTUC, Mendaki, CDAC, CDC).
The course is presently not available for International students.
All fields are mandatory.