Basic Accounting

A Training Course by VTeach.


    In-House sessions are available upon request.


    Course Description:

    As Singapore aims to be a leading global accountancy hub for the Asia-Pacific region by 2020, the demand for Accountancy courses/ workshops has since grown significantly.

    In tandem with the increasing interest in Accountancy career, it is crucial to formulate foundation course which is robust, henceforth setting a solid platform for subsequent advancement to fundamental and professional course.

    Participants will go through lectures, group discussions, Q&A sessions and class exercises.


    Course Objective:

    Upon completion of this course, participants will be able to;

    • Develop an understanding of the framework of accounting and this include the Accounting Equation and the essential components such as Asset, Liability, Equity, Revenue & Expense.
    • Be able to understand the difference between Accrual and Cash basis accounting.
    • Be able to understand Accounting Principles such as Matching Principle.
    • Be able to prepare Double Entry for the purpose of recording business transaction.
    • Be able to understand the difference between Inventory Periodic System and Perpetual System.
    • Be able to prepare Financial Statements namely Profit & Loss Statement and Balance Sheet.
    • Be able to prepare Cash Flow Statement.
    • Be able to do simple analytical deduction and conclusion from the Financial Statements.


    Target Audience:

    • Inspired individuals who don’t have any previous basic accounting knowledge and/or qualification.
    • Account assistants/ trainee account executives whom wish to further strengthen on their accounting knowledge so as to provide a good foundation for advancing to executive/ junior accountant related role.


    Course Content:

    1) What is Accountancy?

    2) Introduction to Financial Accounting

    3) Introduction to Accounting Equation

    4) Introduction to Asset

    5) Introduction to Liability

    6) Introduction to Equity and Drawing by Owner

    7) Introduction to Revenue and Other Income

    8) Introduction to Expense

    9) Double Entry (Debit and Credit)

    10) Cash Vs Accrual Accounting

    11) Introduction to Accrued Expense and Prepaid Expense

    12) Introduction to Accrued Revenue and Revenue Received In Advance

    13) Introduction to Trial Balance & Chart of Account

    14) Introduction to Profit and Loss Statement and Balance Sheet

    15) Introduction to Accounting Principles@ Matching Principle

    16) Introduction to Inventory Accounting

    17) Introduction to Periodic System & Perpetual System

    18) Introduction to Cash Flow Statement (Direct & Indirect Method)

    19) Steps to construct a simple full set of account/ Financial Statements

    20) Simple analytical skills (Fact, Deduction, Conclusion) from the Financial Statements

    Course Curriculum

    Basic Accounting 14:00:00

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    • SGD 395
    • 2 days
    • 1 Units
    • 840 Minutes
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    VTeach Pte Ltd is a Training Organisation providing high quality and interactive hands-on training delivered by an enviable team of qualified, expert and highly experienced trainers. VTeach has been established to address the training needs of both individuals and corporate companies. We believe good foundation is essential in today’s business world. As a committed training provider, we strive to deliver effective training programmes for a lifelong learning experience to enhance your productivity. We offer a wide variety of programs from Information Technology courses, Finance Courses to Business and Professional Development courses. We also provide in-house lunch time seminars such as Time Management, Stress Management, Motivational Talk, etc. We also have our own team of in-house course developers who liaise directly with our clients to develop training courses which meet their specific needs. Our Training - Regular scheduled public classes - Corporate Training that can be conducted in-house and at the comfort of your own location and time - Customized Training tailored to the organization’s needs and objective.
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