Course Information
This is a certification program in which participants will obtain a Certification on Accounting Transformation upon completion of 6 courses:
- Accounting for Analysis and Decisions
- Using MS Excel in Accounting
- Performing Cloud-Accounting
- Finance-Business Partnering with Data Visualisation
- Strengthening Internal Controls with Analytics
- Automation of Processes with RPA
The overall program is aimed at equipping bookkeepers with skillset to enable them to chart out their progression paths in view of existing industrial developments causing disruption to job roles. The program provides participants with knowledge and hands-on skills in visualisation, automation, etc. in order to help them stay relevant and employable.
Learning Outcomes
Upon completion of this course on Performing Cloud Accounting, participants will acquire an understanding on cloud accounting and its benefits, and how to adopt cloud accounting systems effectively. Through hands-on practices, participants will learn how to apply and use cloud-accounting software to process daily transactions; and make use of business intelligence reports to optimise business decision-making.
Course
Schedule
Course Date: 20 Feb – 12 Mar 2024
Application Period: 22 Dec 2023 – 28 Jan 2024
Duration: 24 hours
Time: 4 x 4 hours face-to-face lessons (F2F (9am – 1pm)) & 4 x 2 hours online lessons (8 hours)
Delivery Mode: Classroom with Asynchronous e-Learning
Venue: Classroom & Online
Ngee Ann Polytechnic reserves the right to reschedule / cancel any programme, modify the fees and amend information without prior notice.
Lesson Plan
Session 1: (6 hours)
- Introduction to Cloud Accounting system and understanding the features (E-learning 2 hours Asynchronous)
- Performing Daily Transactions: Sales & Accounts Receivable (F2F: 4 hours on a weekday morning)
- Set up customer records and terms of sales
- Processing sales quotations, orders, invoices, credit & debit notes
- Processing receipts
Session 2: (6 hours)
- Transforming business processes with effective use of Cloud Accounting solution (E-learning 2 hours Asynchronous)
- Performing Daily Transactions: Purchases & Accounts Payable (F2F: 3 hours on a weekday morning)
- Set up supplier records and terms of payments
- Processing purchase requests,orders & invoices
- Processing payments
- Performing Daily Transactions: Bank Reconciliation and Other General Journal Entries (F2F: 1 hour on a weekday morning)
- Reconcile the bank account with the bank statement
- Record and review general journal entries
Session 3: (6 hours)
- Transforming business processes with effective use of Cloud HR solution (E-learning 2 hours Asynchronous)
- Performing Daily Transactions: Payroll Management (F2F: 4 hours on a weekday morning)
- Set up staff and payroll records
- Processing payroll and CPF filing
- Managing other staff-related administration matters
Session 4: (6 hours)
- Review (E-learning 2 hours Asynchronous)
- Leveraging analytic reports for business decisions (F2F: 4 hours on a weekday morning)
- Generate reports for management reporting, decision-making and control
- Use of analytic reports for business decisions
Trainer's Profile
Lydia has more than two decades of experience with various reputable accounting firms and has been running her own accounting practice since 2012. She has extensive experience in preparing full sets of accounts, GST, payroll and business advisory. A Xero Certified Advisor and Xero Migration Specialist, Lydia specialises in advising her clients on digitalising office procedures and has assisted businesses in the clinical, retail, beauty and food & beverage industries. She is also proficient in different accounting and payroll tools such as QuickBooks, Financio, MYOB and HReasily.
Lydia holds a Bachelor of Arts (Hons) in Accountancy and Financial Management from the University of Portsmouth and is a Certified Accounting Technician of ACCA (CAT). She has also attained the Practitioner Certificate in Personal Data Protection (Singapore) from the Singapore Management University as well as the Certificate in Fundamentals of Corporate Secretarial Practice from the Chartered Secretaries Institute of Singapore.
Certification
A Certificate of Performance will be awarded to participants who achieve at least 75% attendance and pass the assessment.
Participants will further obtain a Certificate on Accounting Transformation upon completion of all 6 courses in the program.
Entry Requirements
- Basic Proficiency in English
- Bookkeeping/ Accounting background
Course Fees
Funding period for this course is from 25 Nov 2021 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.
Union Training Assistance Programme (UTAP)
NTUC members enjoy 50% unfunded course fee support for up to $250 each year (or up to $500 for NTUC members aged 40 years old and above) when you sign up for courses supported under UTAP (Union Training Assistance Programme). Please visit e2i’s website to find out more.
Enhanced training support for SMEs
For enhanced training support for SMEs, enter SME in the promo code during course application.
Long Term Visit Pass Plus (LTVP+) holders, please furnish the following documents to the course administrator to qualify for SSG funding:
Self-sponsored learner (**LTVP+): Copy of your green visit pass card, with the word ‘PLUS’ on the back of the card.
Co-sponsored learner (##LTVP+): Copy of valid and current Letter of Consent (LOC) from MOM
Temasek Trust – CDC Lifelong Learning Enabling Fund
Eligible learners with disability can apply for up to S$1,000 to defray course-related fees. For more information, please click here. Funding ends on 31 Dec 2022.
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 | $686.70 |
| Enhanced Training Support for SMEs for Singapore Citizen | $80.01 |
| Enhanced Training Support for SMEs - SPR & LTVP+ | $80.01 |
| SkillsFuture Mid-Career Enhanced Subsidy for Singapore Citizen aged 40 and above | $80.01 |
| SkillsFuture Baseline Funding for Singapore Citizen Aged Below 40 | $206.01 |
| SkillsFuture Baseline Funding for SPR/LTVP+ | $206.01 |