WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course in Singapore
Advance your career with the WSQ LCCI Level 1 Double-Entry Bookkeeping Course in Singapore. Master bookkeeping fundamentals, maintain accurate financial records, and build strong foundations for accounting success.
WSQ
Singapore Workforce Skills Qualifications
SkillsFuture Eligible
PSEA
Post Secondary Education AccountCourse Start Date
Schedule
- Days: 5 Days
- Duration: 30 Hours
- Timings: 9:30 AM - 4:30 PM
- 10 Anson Road, 26-08A International Plaza, Singapore 079903
Why Choose Us
- Expert Local Trainers
- Hands-on Training by experts
- Certificate of Achievement
SSG Course Details
- TGS-2024049778
- Mode of Training - Physical, in-class training
- Course Subsidy Validity - 16-10-2024 to 15-10-2026
- Register Now
Who Should Attend This WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course in Singapore
We’re pleased to offer the WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping course in Singapore, recognized as a WSQ-certified training programme with up to 70% funding support available.
Business professionals
Analyst
Entrepreneur
Training Professionals
Student
Course Completion Requirements
Minimum 75% attendance is required in order to complete the course and receive the course completion certificate
Above 16 years old
High School Level English
Basic internet & computer operation skills
WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course
This WSQ mastering fundamentals of double-entry bookkeeping course empowers you to maintain accurate, organized, and professional financial records—an essential skill for any finance or business role.
What You’ll Learn:
- Mastering Double-Entry Bookkeeping Understand the core principles of debits, credits, and ledger entries, tailored for real-world business environments.
- Creating Clear and Accurate Financial Records Learn to systematically record and manage financial data to ensure clarity and compliance.
- Drafting Financial Documents Gain hands-on experience preparing key records like balance sheets and profit & loss statements.
- Applying Analytical Techniques Develop the ability to interpret financial data for smarter business decisions.
What You'll Learn specifically:
- This course equips learners with the fundamental skills and knowledge needed to maintain accurate business records using books of original entry and double-entry bookkeeping methods.
- Serving as an ideal introduction to bookkeeping, this qualification also provides a pathway to the LCCI Level 2 Certificate in Bookkeeping and Accounting (VRQ).
- By the end of the course, learners will be able to perform account balance reconciliations by achieving the key learning outcomes outlined below.
Training fee: WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course
| Self-sponsor/ Non-SME Company Sponsor | SME Company Sponsor | |||
|---|---|---|---|---|
| Full Course Fee (no funding) |
Age 21-39 S/PRs (SkillsFuture Funding Baseline) |
Age 40 above (SkillsFuture Mid-career Enhanced Subsidy) |
SME Company Sponsor (SkillsFuture Enhanced Training support for SMEs) |
|
| Full Course Fee (bef funding) | $595.00 | $595.00 | $595.00 | $595.00 |
| SkillsFuture Funding (WSQ) | - $0.00 | - $297.50 | - $416.50 | - $416.50 |
| GST (On Full Fee) | + $53.55 | + $53.55 | + $53.55 | + $53.55 |
| Total Payable (After Funding and GST Included) |
$648.55 (After Funding and GST Included) |
$351.05 (After Funding and GST Included) |
$232.05 (After Funding and GST Included) |
$232.05 (After Funding and GST Included) |
Payable amount after WSQ funding is eligible for further support from SFEC, SkillsFuture, PSEA & UTAP where applicable.
Discount policy:
- 4 pax from a same group: 5% discount for each person
- 5 pax from a same group: 10% discount for each person
Assessment Plan:
- Practical Performance: 0.75 hour
- Written Assessment - Short Answer Question (WA-SAQ): 0.25 hour
Unsure if this course is suitable for you? Take this Quick test to help you decide.
Grants available
WSQ
Singapore Workforce Skills Qualifications
WSQ : Baseline funding deduction upto 70% for Singaporeans/ PRs. Further SFEC, Absentee Payroll and WSS applicable.
SkillsFuture Eligible
SkillsFuture Credit : Singaporeans can use $500 SkillsFuture Credits for this training to offset the course fees
PSEA
Post-Secondary Education Account
PSEA : are available for Singaporean Citizens to cover the approved fees and charges related to WSQ programs.
Course Outline
Lesson 1
Apply double-entry accounting principles to accurately record transactions in journals and ledger
Lesson 2
Prepare customer account reconciliations according to accounting standards for assets, liabilities, and depreciation
Lesson 3
Select the types of financial statements for reporting according to the needs of internal stakeholders.
FAQs for the WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course in Singapore
What is the WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course?
The course covers the basics of accounting with a focus on double-entry bookkeeping. It teaches how to accurately record and manage financial transactions using the double-entry system—an essential foundation of financial accounting.
What if I fail/did not complete the assessment?
You will be considered non-competent and no Statement of Attainment (SOA) will be awarded.
You are required to pay the complete course fee, which includes the SSG’s funding requirement.
What will I learn in the course?
You will gain practical knowledge of core bookkeeping concepts. This includes understanding the chart of accounts, journal entries, ledgers, trial balances, and preparation of basic financial statements.
Is prior accounting knowledge required for this course?
No, the course is beginner-friendly. It is specifically designed for those with no prior accounting background, offering a clear, step-by-step learning experience.
How long is the course?
The duration is either 5 full days or 10 sessions of 3 hours each. Flexible scheduling options make it suitable for working professionals and part-time learners.
What are the benefits of completing this course?
You’ll build a strong foundation in financial recordkeeping.
This skill is valuable for any business role and enhances your ability to manage accounts accurately and professionally.
Will I receive a certification?
Yes, a WSQ certificate will be awarded upon completion. This nationally recognized certification can improve your employability and open doors in the accounting and finance sectors.
Who is this course suitable for?
The course is perfect for beginners and business professionals. It suits anyone looking to understand bookkeeping fundamentals, including those in admin, finance, or small business roles.