Course Information
This 2-Day programme aims to equip participants with the necessary accounting knowledge to analyse financial information and make informed business decisions. Key topics in financial and managerial accounting shall be covered to enable participants to better measure an organisation’s financial health and discuss ways to improve its financial performance.
Learning Outcomes
At the end of the workshop, participants should
- Appreciate the role of accounting in business and society
- Discuss main accounting principles in the preparation of financial statements
- Identify different methods to manage working capital
- Interpret financial information and analyse financial statements
- Describe fundamental cost concepts and classification
- Appreciate cost allocation for overheads and support departments
- Understand the relationship between cost, volume and profit
- Describe the purpose and process of budget preparation
Course
Schedule
Course Date: TBC
Application Period: TBC
Duration: 2 days
Time: 9-6pm
Delivery Mode: Classroom
Venue: Ngee Ann Poly
Ngee Ann Polytechnic reserves the right to reschedule / cancel any programme, modify the fees and amend information without prior notice.
Lesson Plan
- Introduction to accounting and its regulatory framework
- Presentation & preparation of financial statements
- Property, plant & equipment and intangible assets
- Working capital management
- Revenue recognition
- Analysing and interpreting financial statements
- Purpose and nature of managerial accounting
- Cost classifications and concepts
- Cost allocation for overheads and support departments
- Cost-volume-profit analysis
- Budgeting and planning
Trainer's Profile
Daniel has more than 30 years of work experience in fortune 100 MNCs and SMEs in the financial services, manufacturing and education industries, including Mitel Semiconductors, Philips Consumer Electronics, Motorola, Citicorp, American Express and family offices. He holds a Master of Business Administration degree from University of Dubuque, USA and a Bachelor of Accountancy degree from National University of Singapore. Daniel is member of the Institute of Singapore Chartered Accountants.
Passionate about education, Daniel holds an Advanced Certificate in Training & Assessment (ACTA) and has taught accounting and finance in Singapore University of Social Sciences (SUSS), SIM Global Education (SIM-GE) and Singapore Accountancy Academy Global Education (SAA-GE). He was also a faculty member of RMIT Vietnam and has received teaching awards from SUSS and SAA-GE for teaching excellence.
Daniel is currently the Chief Executive Officer of the local subsidiary of an international investment group.
Sunny is a Fellow of the Association of Chartered Certified Accountants, a member of the Institute of Singapore Chartered Accountants and a Certified Internal Auditor. He holds a Master of Business Administration degree from University of Strathclyde, UK and a Bachelor of Business Administration degree from National University of Singapore.
Sunny has over 10 years of teaching experience in accounting and finance with Ngee Ann Polytechnic, Singapore University of Social Sciences (SUSS), Singapore Institute of Technology (SIT) and SIM Global Education (SIM-GE). He has received teaching awards from Ngee Ann Polytechnic, SIM-GE and SUSS in recognition for teaching excellence. Sunny holds Advanced Certificate in Training & Assessment (ACTA) and is a Specialist Adult Educator (Facilitation). He has experience in accounting and treasury in the manufacturing and automotive industries prior to joining academia.
Sunny is currently a Senior Lecturer with the Diploma in Accountancy program in the School of Business & Accountancy, Ngee Ann Polytechnic.
Certification
A Certificate of Performance will be awarded to participants who achieve at least 75% attendance and pass all required assessment(s).
A Certificate of Participation will be awarded to participants who meet the 75% attendance requirement but did not pass all required assessment(s).
Entry Requirements
- Basic Proficiency in English
Course Fees
Funding period for this course is from 30 Nov 2022 to 30 Sep 2024.
SkillsFuture Credit
All Singaporeans aged 25 and above can use their $500 SkillsFuture Credit from the government to pay for a wide range of approved skills-related courses. Visit the SkillsFuture Credit website to choose from the courses available on the Training Exchange course directory.
GST Increment in 2024
Please note that the GST rate will be revised to 9% with effect from 1 Jan 2024. As such any payable course fees will be subjected to the new GST rate adjustments in 2024. Please refer to our STEP portal for the updated fees. (Click on STEP)
Note:
- The fees below are determined based on prevailing funding policies and subject to review and revision.
- Please refer to our FAQs for more information.
Ngee Ann Polytechnic reserves the right to reschedule/cancel any programme, modify the fees and amend information without prior notice.
| Applicants / Eligibility | Fees |
|---|---|
| Full course fee | $675.80 |
| Singaporeans aged below 40 qualified for SkillsFuture Funding | $202.74 |
| Singaporeans aged 40 & above qualified for SkillsFuture Mid-Career Enhanced Subsidy | $78.74 |
| Singaporeans qualified for Enhanced Training Support for SMEs | $78.74 |
| Singapore Permanent Residents & **LTVP+ qualified for SkillsFuture Funding | $202.74 |
| Singapore Permanent Residents & ##LTVP+ qualified for Enhanced Training Support for SMEs | $78.74 |
| Others (and Repeat Students) | $675.80 |