Accounting for Non-Accounting Managers

Offered by School of Business & Accountancy

Short Course / 2 days

Note: Please note that all applications for short courses from Sep 2023 will be done via STEP. Use your Singpass to activate your STEP account. Click on the apply button to proceed to STEP. To receive an alert about the future runs for this course, please click on the INDICATE INTEREST button. Thank you.
Course Information
Learning Outcomes
Course Schedule
Lesson Plan
Trainer Profile
Certification
Entry Requirements
Course Fees

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

Day 1: Financial Accounting
  • 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

 

Day 2: Managerial Accounting
  • 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 Lee

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 Wong

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.

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 $669.60
Singaporeans aged below 40 qualified for SkillsFuture Funding $199.02
Singaporeans aged 40 & above qualified for SkillsFuture Mid-Career Enhanced Subsidy $75.02
Singaporeans qualified for Enhanced Training Support for SMEs $75.02
Singapore Permanent Residents & **LTVP+ qualified for SkillsFuture Funding $200.88
Singapore Permanent Residents & ##LTVP+ qualified for Enhanced Training Support for SMEs $76.88
Others (and Repeat Students)$669.60