LCCI qualifications are awarded by Pearson, the UK’s largest awarding body offering academic and vocational qualifications that are globally recognised and benchmarked. Pearson is the world’s leading learning company, with 40 000 employees in more than 70 countries working to help people of all ages to make measurable progress in their lives through learning.
LCCI qualifications are widely regarded by employers as preparing students to carry out the key functions of modern international business. The qualifications are recognised worldwide by employers, universities and professional bodies such as the Association of Chartered Certified Accountants (ACCA). This new and engaging range of qualifications has been developed in collaboration with professional bodies, employers and customers. We have conducted in-depth, independent consultation to ensure that the qualifications develop the breadth and depth of knowledge, skills and understanding that students need to be effective employees, and that the qualifications support progression pathways. LCCI offers a wider range of qualifications; they are available at levels 1 to 4 across the following subject areas:
- English Language
- Marketing and Customer Service
- Business, Administration and IT
- Finance and Quantitative.
This specification is part of the Finance and Quantitative suite of LCCI qualifications.
- Age: 16
- Academic requirements: Minimum 2 GCE O level passes (at least C6 in English and any other subject) OR 3 GCE N level passes (at least grade 5 in English and any two other subjects).
- English Proficiency: Student whose first language or medium of instruction on their qualifying programme is not English will be required to demonstrate a proficiency of IELTS 4.5 or pass in BMC English Entry test.
- Working experiences: Nil.
- Matured candidate: At least 21 years old with 2 years of work experience.
Additional Entry Pre-requisite for DIAF course
- Basic Book-Keeping knowledge; OR
- LCCI Level 2 Certificate in Book-Keeping; OR
- Practical working experiences in a financial/accounting industry
Programme Learning Outcome:
1) The Level 3 Certificate in Financial Accounting (VRQ) (ASE20097) (Core Module) is for students who work in, or want to work in, accounting environments. The qualification provides students with the key knowledge and understanding of accounting principles and concepts underlying all financial accounting including the preparation of accounting entries for non-current assets; advanced bookkeeping; the preparation of journals for correction of errors and year-end adjustments; the preparation of the extended trial balance to incorporate these adjustments and the preparation of financial accounts for unincorporated businesses (sole traders and partnerships). Students will gain skills to produce financial records, summarising an organisation’s financial transactions over a specific accounting period, and its current financial position in terms of assets, liabilities and capital. This qualification is trusted and valued by employers worldwide and recognised by universities and professional bodies. This will increase students’ employability in the sector and allow them to continue their academic development by progressing to the Pearson LCCI Level 4 Certificate in Financial Accounting (VRQ) (ASE20101) or other professional accountancy qualifications.
2) The Level 3 Certificate in Cost and Management Accounting (VRQ) (ASE20098) (Core Module) is for students who work in, or want to work in accounting environments where they will be required to use management accounting techniques which contribute to effective decision making and control. This qualification provides the student with the skills, knowledge and understanding of cost and management accounting which reflects the keys skills required in business for short and long-term decision making, inventory control, accounting for overheads, working capital management, standard costing and the preparation and control of budgets. This qualification is trusted and valued by employers worldwide and recognised by universities and professional bodies. This will enhance their employability prospects in the accounting sector and allow progression to the Pearson LCCI Level 4 Certificate in Management Accounting (VRQ) (ASE20102) qualification.
3) The Level 3 Certificate in Business Statistics (VRQ) (ASE20100) is for students who work in, or who want to work in, business and research environments. Students will be aiming for a career in business and finance where they will be sourcing and analysing business related data. Students should have a level of English sufficient to evaluate and explain the appropriateness of methods and outcomes. This qualification will enable students to apply statistical techniques to business data in order to plan and control business operations, evaluate and manage risk and support the decision-making process. Students will gain an understanding of the basic concepts of statistical problem solving in business situations, develop knowledge, understanding and skills of statistical methods and concepts and in probability, including an awareness of the potential and limitations of data and methods. Students will develop a critical perspective on statistics, including recognition of collection errors, misleading forms of presentation, improper analysis and invalid inferences and conclusions. Students will be encouraged to actively engage in the process of enquiry, communicate clearly using standard statistical conventions and notations and develop as effective and independent students. The Pearson LCCI Level 3 Certificate in Business Statistics (VRQ) (ASE20100) legacy qualification are established and valued by employers worldwide and recognised by professional bodies. This qualification will enhance students’ statistical knowledge and abilities, a requirement of employers, enabling them to handle, understand, analyse, and interpret business data and question statistical method and models.
4) The Level 3 Award in Computerised Accounting Skills (QCF) [ASE20055] develops candidates ability to manage a computerised accounting system in order to provide management information. Candidates will learn how to process non-routine accounting transactions and print and analyse reports such as the Profit and Loss and Balance Sheet.
The aims of the qualification is to develop candidates competence in using computerised accounting software to produce accurate, professional and well presented accounting information employing an appropriate range of accounting procedures. It particularly aims to develop skills in: setting up initial business data in a computerised accounting system; processing and completing advanced business transactions; producing and analysing end period reports ; and producing and reviewing a range of routine and non-routine accounting reports for management purposes.
This qualification is suitable for people who work or intend to work in an advanced accounting role which requires the computerized processing and completion of advanced accounting transactions and the preparation of end period reports. Accredited in the UK as the EDI Level 3 Award in Computerised Accounting Skills (QCF) – 501/1266/1, it has a credit value of 10. It is taught and assessed using compatible computerised accounting software (e.g. AutoCount).
1) The Level 3 Certificate in Financial Accounting (VRQ) (ASE20097) (Core Module) consists of the range of topics detailed below:
- The purpose of maintaining financial records
- Recording financial transactions
- Balancing accounts and the trial balance
- Adjustments and the extended trial balance
- Produce final accounts of a sole trader
- Introduction to interpretation of financial statements
2) The Level 3 Certificate in Cost and Management Accounting (VRQ) (ASE20098) (Core Module) consists of the range of topics detailed below:
- Inventory management
- Short-term decision-making
- Accounting for overheads
- Budgetary planning and control
- Working capital management
- Standard costing and variances
- Costing methods
- Long-term decision making
- Management Information Systems
4) The Level 3 Award in Computerised Accounting skills (QCF) (ASE20055) consists of the range of topics detailed below:
- Setting up initial data
- Entering transactions
- Processing credit card transactions
- Recording transactions relating to acquisition and disposal of fixed assets
- Making end of period adjustments
- Amending Chart of Accounts and producing and analysing end period reports
- Producing and reviewing routine and non-routine reports
3) The Level 3 Certificate in Business Statistics (VRQ) (ASE20100) consists of the range of topics detailed below:
- Management Information: The External and Internal Business Environment
- Business Planning Models
- Risk Management and Business Decision Making
- Quality Assurance and Control
Candidates must fulfill at least 75% course attendance requirements to sit for examinations and eligible for the course completion Certificate. To obtain the ‘Pearson LCCI Level 3 Diploma in Accounting and Finance’ certificate, students need to achieve at least Pass grade in minimum of 3 modules include 2 Core units (ASE20097 & ASE20098) of their examinations.
Pearson LCCI Diplomas: Candidates are required to complete a given number of subjects at the specified level within 12 months and claim the award within a year from the last date of examinations.
For Pearson 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 follow-up 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
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|$5,456.47 (MONTHLY INSTALLMENT)|
- All fees are subject to the prevailing Goods and Services Tax (GST) unless specified otherwise.
- Course Application Fee is NOT REFUNDABLE.
- Do not pay your school fees before you have signed the standard student contract.
- All fees quoted are in Singapore Dollar (S$).
- Fees are subject to periodic changes without prior notice.
- BMC accepts the following methods of payment:
- Cashier’s order payable to BMC International College Pte Ltd
- Cheque payable to BMC International College Pte Ltd
- PAYNOW (UEN 200006772H)
COURSE COMMENCEMENT DATES:
|18 Sep 2023||7:00PM-9:30PM||Mon & Wed|
|02 Nov 2023||7:00PM-9:30PM||Tues & Tues|