Learn WSQ LCCI Level 2 Essentials of Cost Accounting Course in Singapore
Gain in-demand cost accounting skills with the WSQ LCCI Level 2 Essentials of Cost Accounting Course in Singapore. Explore budgeting, cost control, and financial analysis techniques to boost profitability and support smarter financial decision-making.
WSQ
Singapore Workforce Skills Qualifications
SkillsFuture Eligible
PSEA
Post Secondary Education AccountCourse Start Date
Schedule
- Days: 6 Days
- Duration: 48 Hours
- Timings: 9:30 AM - 5:30 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-2025052347
- Mode of Training - Physical, in-class training
- Course Subsidy Validity - 3-01-2025 - 2-12-2026
- Register Now
Who Should Attend This WSQ LCCI Level 2 Essentials of Cost Accounting Course in Singapore
The WSQ LCCI Level 2 Essentials of Cost Accounting course in Singapore is perfect for aspiring accountants, finance professionals, business owners, and anyone looking to strengthen their cost control and financial planning expertise.
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 2 Essentials of Cost Accounting Course
The WSQ LCCI Level 2 Essentials of Cost Accounting Course in Singapore provides practical knowledge to manage business costs effectively.This course covers cost behavior, allocation methods, budgeting, and decision-making strategies. It is appropriate for accountants, finance professionals, or business owners who want to understand cost accounting principles to improve a firm's budgeting, resource use, and performance.
Key Benefits:
- Master cost behavior and allocation methods
- Gain confidence in budgeting and financial planning
- Ideal for accountants, finance professionals, and entrepreneurs
- Improve efficiency through better cost control and resource use
- Enhance strategic decision-making and overall financial management
What You’ll Learn
- How cost behavior influences business decisions
- Techniques for cost allocation and optimizing resource use
- Budgeting and financial forecasting methods
- Analyzing cost structures for better cost control
- Applying cost accounting to real-world business strategies
- Establishing effective cost control systems
- Using cost accounting principles to boost profitability
Training fee: WSQ LCCI Level 2 Essentials of Cost 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) | $895.00 | $895.00 | $895.00 | $895.00 |
| SkillsFuture Funding (WSQ) | - $0.00 | - $447.50 | - $626.50 | - $626.50 |
| GST (On Full Fee) | + $80.55 | + $80.55 | + $80.55 | + $80.55 |
| Total Payable (After Funding and GST Included) |
$975.55 (After Funding and GST Included) |
$528.05 (After Funding and GST Included) |
$349.05 (After Funding and GST Included) |
$349.05 (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.
WSQ LCCI Level 2 Essentials of Cost Accounting Course Outline
Lesson 1
Apply marginal and absorption costing methods in cost accounting for reporting profit and valuing inventory
Lesson 2
Differentiate traditional marginal and absorption costing methods with activity-based costing to accurately allocate product and service cost.
FAQ's for WSQ LCCI Level 2 Essentials of Cost Accounting Course in Singapore
What is the duration of the WSQ LCCI Level 2 Essentials of Cost Accounting Course?
The duration varies by schedule. Please refer to the course page for specific timings.
Who is eligible to enroll in this course?
Aspiring accountants, finance professionals, and business owners are eligible.
Do I need prior accounting knowledge to attend this course?
No advanced accounting knowledge is required; basic financial knowledge is helpful.
Will I receive a certificate upon completing the course?
Yes, a WSQ-certified completion certificate will be awarded upon successful completion.
Is there any online learning option available?
Yes, it is offered in both classroom and online formats. Check with the provider for details.
How can I apply for the course?
Apply via the course provider’s website or contact their enrollment team.
What are the career benefits of taking this course?
The course improves cost accounting skills, helping in expense management, resource optimization, and boosting business profitability.