WSQ Fundamentals of Bookkeeping and Accounting Course in Singapore
WSQ Fundamentals of Bookkeeping and Accounting Course in Singapore. Learn how to use a spreadsheet efficiently to manage your data collection and improve analysis of your finances. Let’s improve your skills in Excel and raise your accounting skills today!
WSQ
Singapore Workforce Skills Qualifications
SkillsFuture Eligible
PSEA
Post Secondary Education AccountCourse Start Date
Schedule
- Days: 3 Days
- Duration: 24 Hours
- Timings: 9:00 AM - 6:00 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-2023040965
- Mode of Training - Physical, in-class training
- Course Subsidy Validity - From 26 Dec 2023 to 25 Dec 2025
- Register Now
Who Should Attend This WSQ Fundamentals of Bookkeeping and Accounting Course
The WSQ Fundamentals of Bookkeeping and Accounting course is tailored for individuals who are new to Microsoft Excel and wish to build a strong foundation in using spreadsheets for data entry, organization, and basic financial management.
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
What Will You Learn WSQ Fundamentals of Bookkeeping and Accounting Course
By the end of the course, participants will be able to apply transactional accounting principles to record financial events by achieving the following learning outcomes:
- Accurately record double-entry accounting transactions (debit and credit) for sales, purchases, receivables, payables, and cash.
- Record inventories, accruals, and prepayments in line with related financial transactions.
- Prepare a basic cash flow statement reflecting all incoming and outgoing cash to support internal reporting.
- Interpret and apply guidelines within the Singapore Financial Reporting Regulatory Framework.
Training fee: WSQ Fundamentals of Bookkeeping and Accounting 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) | $695.00 | $695.00 | $695.00 | $695.00 |
| SkillsFuture Funding (WSQ) | - $0.00 | - $347.50 | - $486.50 | - $486.50 |
| GST (On Full Fee) | + $62.55 | + $62.55 | + $62.55 | + $62.55 |
| Total Payable (After Funding and GST Included) |
$757.55 (After Funding and GST Included) |
$410.05 (After Funding and GST Included) |
$271.05 (After Funding and GST Included) |
$271.05 (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: 1 hour
- Written Assessment – Short Answer Question (WA-SAQ): 1 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.
WSQ Fundamentals of Bookkeeping and Accounting in Singapore Outline
Course modules
- Bookkeeping Fundamental and Double Entry Accounting
- Prepare Basic Cash Flow Statement
- Record Transactions and Events
- Financial Reporting Regulatory Framework
FAQ for WSQ Excel Basic Course in Singapore
What is the WSQ Fundamentals of Bookkeeping and Accounting Course?
The course teaches foundational bookkeeping and accounting principles, including how to manage financial records and prepare basic financial statements.
What if I fail/did not complete the assessment?
If you fail or do not complete the assessment, you will be marked as non-competent and will not receive the Statement of Attainment (SOA). Full course fees, including the SSG-funded portion, must still be paid.
What topics are covered in the course?
Topics include bookkeeping fundamentals, journal entries, ledgers, trial balances, and the preparation of financial statements.
How long is the course?
The course duration is 3 days.
Do I need any prior experience in accounting to take this course?
No prior experience is needed; it’s beginner-friendly and covers all basics from the ground up.
Is the course WSQ accredited?
Yes, it is WSQ accredited and aligns with Singapore’s industry standards.
What certification will I receive after completing the course?
You will receive a WSQ certification recognized by employers and industry professionals.
Who should take this course?
Suitable for aspiring accountants, small business owners, and anyone wanting to learn basic bookkeeping and financial management.