Preparatory Course for Pearson LCCI Level 2 Certificate in Book-Keeping & Accounts (IAS)

Introduction

The London Chamber of Commerce and Industry LCCI International Qualifications are awarded by Pearson Education Ltd. An accredited Awarding Body providing vocational and professional qualification around the world. Pearson is accredited by the UK qualifications regulator, the Office of Qualifications and Examinations Regulation (Ofqual), and many regulatory bodies and Ministries of Education around the world recognise LCCI International Qualifications. Employers, universities and other professional bodies internationally recognise the LCCI international qualifications. LCCIs range of courses is designed to deliver the skills essential for success in todays demanding commercial environment. The Pearson-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. Pearson-LCCI also offer Diplomas and Group Awards to allow candidates to add to their marketable skills and receive professional status.

Course Learning Outcomes

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.

This certificate course comprises both the Elementary and Intermediate level of Book-keeping. Candidate will learn the basic principles underlying the recording of financial transactions. They will also learn to prepare and interpret accounts for various types of organizations and businesses. 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.

Teaching / Learning Methods and Strategies

Trial of Past Year Examination Papers / Assignments / Classroom Face-To-Face Theoretical Explanations

Entry Requirements

  • Above 16 years old
  • High School English Level

Assessment Information

EXAMINABLE THEORY PAPER (EXTERNAL AWARD BY LONDON CHAMBERS OF COMMERCE & INDUSTRY INTERNATIONAL QUALIFICATIONS, UK) - 4 TIMES / YEAR [MARCH & APRIL (Series 2/On-Demand) / JUNE (Series 3) / SEPTEMBER (On- Demand) / NOVEMBER & DECEMBER (Series 4)].

Criteria of Award

Candidates must fulfill at least 75% course attendance requirements by AEB to sit for examinations. To obtain the certificate, students need to obtain at least a Pass grade in their examinations.

Final Award

PEARSON LCCI LEVEL 2 CERTIFICATE IN BOOK-KEEPING & ACCOUNTS (IAS)

Module Synopsis

[1] Elementary Book-Keeping (1st Level)

The aims of this qualification are to enable candidates to develop an understanding of the basic principles underlying the recording of business transactions, and the ability to maintain the books of, and prepare final accounts, for sole traders. This includes the record of double-entry bookkeeping of simple transactions concerning the purchase and sale of goods and the receipt and payment of cash. This certificate is suitable for candidates who work or wish to work in areas of business that will involve the recording of financial transactions. All businesses require accurate accounting records that are maintained on a regular basis. Consequently, there is a demand for employees who possess these skills.

Assessment objectives (8 Sessions | 24 contact hours):
  • 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

[2] Intermediate Book-Keeping (2nd Level)

The Level 2 Certificate in Book-keeping and Accounts (IAS), which is based on the International Accounting Standards, further develops candidates understanding of the accounting principles for recording business transactions, as well as their ability to prepare and interpret accounts for different types of businesses. It is suitable for people working or intending to work in a role that involves maintaining financial records and preparing final accounts. This qualification is accredited on the National Qualifications Framework (NQF) in the UK as EDI Level 2 Certificate in Book-keeping and Accounts (IAS) (VRQ) 600/4750/1. Candidates attempting this qualification should have the knowledge and skills equivalent to the Pearson LCCI IQ Level 1 Bookkeeping qualification. Candidates who achieve Level 2 Book-keeping and Accounts may progress to the Pearson LCCI IQ Level 3 Accounting qualification.

Assessment objectives (16 sessions | 48 contact hours):

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.

Grading System

Grading Results
50% - 59% PASS
60% - 74% PASS WITH CREDIT
75% and above PASS WITH DISTINCTION

Appeal Information

For LCCI examinations, appeals of results must be done within 14 days of results release. Students are required to fill up an appeal form and submit to our school to followup for processing of their request. An administrative fee for appeal is to be borne by the student. The school will release appeal results not later than eight weeks (for courses administered by external examination board) from the date of appeal, or an enquiry will be raised with the respective examination board.

Expected date of release of Assessment result

Assessment results / Award of certificate will be available to the students within 3 months of the last assessment for that assessment cycle. Appeal on Assessment results needs to be done within 2 weeks from the date of release of results for that assessment cycle.

Specimen Certificate

Download Brochure

Last updated on 31st Jan 2012

Note: Course syllabus will be provided upon registration.

Fee Structures

  1. All fees are subject to the prevailing Goods and Services Tax (GST) unless specified otherwise.
  2. Course Application Fee is NOT REFUNDABLE.
  3. Do not pay your school fees before you have signed the standard student contract.
  4. All fees quoted are in Singapore Dollar (S$).
  5. Fees are subject to periodic changes without prior notice.
  6. BMC accepts the following methods of payment:
    1. Cash
    2. Cashier's order payable to BMC International College Pte Ltd
    3. Cheque payable to BMC International College Pte Ltd
    4. NETS
    5. Credit cards (VISA, Mastercard, Diners Club & American Express)

"ALL FEES ARE SUBJECT TO GST UNLESS STATED OTHERWISE"


The course is not available for full-time students

The course does not have installment payment scheme

Remarks
Modified on 2014-03-18
Full-Payment Structure
Duration: 3-5 months
Fees Breakdown
(shows the full breakdown of total payable fees)
Total Payable
(S$)
Course application fee$150.00
Tuition Fee ( $1050 - $300 (Discount))$750.00
Course material fee$30.00
FPS - Insurance$7.80
(A) Total Course Fee Payable$787.80
(B) No of Instalment1
(C) Instalment Amount$787.80
Instalment Schedule
(full payment scheme)
Amount
(S$)
1st Instalment $787.80
(A) Total Course Fee Payable$787.80
Total Course fee after Goods and Services Tax (GST) without Course Application Fee$842.95
Miscellaneous Fees
Purpose of Fee Amount (S$) and When Payable
Late payment fees $60.00(before GST)
$64.20(after GST)
Replacement of student membership card $30.00(before GST)
$32.10(after GST)
Re-take examination Admin Fee(per re-sitting)[NO GST] $50.00[NO GST]

Updated on Jan 2014

SDF (SME)
A. Tuition FeeTotal Payable (S$)
Course Fee$1050.00
Add: GST(7%)$73.50
Less: Subsidy - 80%$945.00
Total Tuition Fee$178.50
B. Miscellaneous FeeAmount (S$)
Course Application Fee *$150.00
Course Material Fee$30.00
FPS- Insurance$5.00
Nett Non-Tuition Fee$185.00
Add: GST(7%)$12.95
Total Non-Tuition Fee$197.95
Grand Total (A+B)$376.45

Total training duration in hours = 72

*indicates non-refundable items

Remarks:

  • 90% course fee subsidy, capped at $30 per hour for certifiable courses
  • SDF training assistance covers only the course fees portion
    (excludes GST, Registration/Admin. Fee, Training Material and Exam Fees)
  • SDF support level - Examinable course
SDF (NON-SME)
A. Tuition FeeTotal Payable (S$)
Course Fee$1050.00
Add: GST(7%)$73.50
Subsidy (7/HR)$504.00
Total Tuition Fee$619.50
B. Miscellaneous FeeAmount (S$)
Course Application Fee *$150.00
Course Material Fee$30.00
FPS- Insurance $5.76
Nett Non-Tuition Fee$185.76
Add: GST(7%)$13.00
Total Non-Tuition Fee$198.76
Grand Total (A+B)$818.26

Total training duration in hours = 72

*indicates non-refundable items

Remarks:

  • 50% course fee subsidy, capped at $7 per hour for certifiable courses
  • SDF training assistance covers only the course fees portion
    (excludes GST, Registration/Admin. Fee, Training Material and Exam Fees)
  • SDF support level - Examinable course
Miscellaneous Fees
Purpose of Fee Amount (S$) and When Payable
Late payment fees $60.00(before GST)
$64.20(after GST)
Replacement of student membership card $30.00(before GST)
$32.10(after GST)
Re-take examination Admin Fee(per re-sitting)[NO GST] $50.00[NO GST]

Updated on 10 May 2014

A. Tuition Fee Total Payable (S$)
Tuition Fee $1050.00
Add: GST(7%) $73.50
Less: Subsidy - 80%(7/HR) $504.00
Total Tuition Fee $619.50
B. Miscellaneous Fee Amount (S$)
Course Application Fee* $150.00
Course Material Fee $30.00
FPS - Insurance $5.76
Nett Non-Tuition Fee $185.76
Add: GST(7%) $13.00
Total Non-Tuition Fee $198.76
Grand Total (A+B) $818.26

Total training duration in hours = 72

*indicates non-refundable items

Remarks:

  • Course targeted at PMET level (Professionals, Managers, Executives and Technicians)
  • 50% Funding of course fee is capped at $7 per training hour.
  • SDF training assistance covers only the course fees portion
    (excludes GST, Registration/Admin. Fee, Training Material and Exam Fees)
  • SDF support level - Examinable course

Miscellaneous Fees
Purpose of Fee Amount (S$) and When Payable
Late payment fees $60.00(before GST)
$64.20(after GST)
Replacement of student membership card $30.00(before GST)
$32.10(after GST)
Re-take examination Admin Fee(per re-sitting)[NO GST] $50.00[NO GST]

Last updated on 6th Jun 2012

A. Tuition Fee Total Payable (S$)
Tuition Fee $1050.00
Add: GST(7%) $73.50
Less: Subsidy (7/HR) $504.00
Total Tuition Fee $619.50
B. Miscellaneous Fee Amount (S$)
Course Application Fee* $150.00
Course Material Fee $30.00
FPS - Insurance $5.76
Nett Non-Tuition Fee $185.76
Add: GST(7%) $13.00
Total Non-Tuition Fee $198.76
Grand Total (A+B) $818.26

Total training duration in hours = 72

*indicates non-refundable items

Remarks:

  • Course targeted at PMET level (Professionals, Managers, Executives and Technicians)
  • 50% Funding of course fee is capped at $7 per training hour.
  • SDF training assistance covers only the course fees portion
    (excludes GST, Registration/Admin. Fee, Training Material and Exam Fees)
  • SDF support level - Examinable course

Miscellaneous Fees
Purpose of Fee Amount (S$) and When Payable
Late payment fees $60.00(before GST)
$64.20(after GST)
Replacement of student membership card $30.00(before GST)
$32.10(after GST)
Re-take examination Admin Fee(per re-sitting)[NO GST] $50.00[NO GST]

Last updated on 6th Jun 2012

The course is not available for International Students

 

Course Duration Table
Type Full-Time Part-Time
Local N.A 72 hrs
SDF N.A. 72 hrs
International N.A N.A

Full Time
Course Commencement Dates Time Days
This centre does not conduct full-time classes for this course.

Part Time
Course Commencement Dates Time Days
23 Jul 14 7:00PM — 10:00PM Mo We
26 Aug 14 7:00PM — 10:00PM Tu Th
12 Sep 14 7:00PM — 10:00PM Fr

Call 62699447 for more information.

Full Time
Course Commencement Dates Time Days
This centre does not conduct full-time classes for this course.

Part Time
Course Commencement Dates Time Days
25 Aug 14 7:00PM — 10:00PM Mo We
25 Sep 14 7:00PM — 10:00PM Tu Th
17 Oct 14 7:00PM — 10:00PM Fr
26 Nov 14 7:00PM — 10:00PM Mo We
13 Dec 14 2:00PM — 6:00PM Sa
15 Jan 15 7:00PM — 10:00PM Tu Th
25 Feb 15 7:00PM — 10:00PM Mo We
21 Apr 15 7:00PM — 10:00PM Tu Th
02 May 15 2:00PM — 6:00PM Sa
10 Jun 15 7:00PM — 10:00PM Mo We

Call 64523885 for more information.

Full Time
Course Commencement Dates Time Days
This centre does not conduct full-time classes for this course.

Part Time
Course Commencement Dates Time Days
27 Jul 14 10:00AM — 2:00PM Su
03 Aug 14 10:00AM — 2:00PM Su
25 Aug 14 7:00PM — 10:00PM Mo We
13 Sep 14 10:00AM — 2:00PM Sa

New

Call 62735611 for more information.

Full Time
Course Commencement Dates Time Days
This centre does not conduct full-time classes for this course.

Part Time
Course Commencement Dates Time Days
This centre does not conduct part-time classes for this course.

Call 67470530 for more information.

Full Time
Course Commencement Dates Time Days
This centre does not conduct full-time classes for this course.

Part Time
Course Commencement Dates Time Days
02 Aug 14 2:00PM — 5:00PM Sa Su
05 Aug 14 6:45PM — 9:45PM Tu Th
22 Sep 14 6:45PM — 9:45PM Mo We
28 Oct 14 6:45PM — 9:45PM Tu Th
14 Nov 14 6:45PM — 9:45PM Fr
29 Dec 14 6:45PM — 9:45PM Mo We

Saturday classes 2pm - 5pm. Sunday classes 10am - 1pm.

Call 65655655 for more information.

Full Time
Course Commencement Dates Time Days
This centre does not conduct full-time classes for this course.

Part Time
Course Commencement Dates Time Days
27 Jul 14 10:00AM — 2:00PM Su
30 Jul 14 7:00PM — 10:00PM Mo We
16 Aug 14 2:00PM — 6:00PM Sa
25 Sep 14 7:00PM — 10:00PM Tu Th
03 Oct 14 7:00PM — 10:00PM Fr
10 Nov 14 7:00PM — 10:00PM Mo We
14 Dec 14 10:00AM — 2:00PM Su

Call 63387637 for more information.

 

Waiver of $50 Registration Fee is Not Entitled for Short Courses

Pre-register “Preparatory Course for Pearson LCCI Level 2 Certificate in Book-Keeping & Accounts (IAS)” with us to receive a waiver of $50 Registration 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.


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