Accountancy

Level 1.1

Accounting & Finance

This module aims to impart basic accounting and finance knowledge. Students will be taught how to interpret and use financial accounting information for decision-making. This module will also cover budgeting, financing strategies, working capital management as well as capital investment analysis.

Business Communication 1

This module enables students to deliver clear and logical messages to their audience. They will develop written communication skills through crafting business messages such as business letters, emails, and meeting minutes. In addition, students will work through presentations and simulated meetings to refine their spoken communication skills, discussion techniques and people skills.

Business Law

This module equips students with a basic knowledge of the fundamentals of business law and its application in a business environment. Topics include the Singapore legal system, law of contract, agency law, law of tort, law of business organisations, introduction to company law, intellectual property law and business ethics.

Global Business

This module will enable students to learn the fundamentals of business and build socio-cultural skills. It immerses students in the reality of the business world and helps them understand the impact of globalisation. Students will discuss how contemporary world affairs affect business strategies that may influence business success.

User-Centred Design in Business

This module provides students with practical insights and methods into designing content for digital media communication using user-centred design principles and approaches. Students will apply these principles to address issues related to user experience design, information design, interface design, presentation, imagery and visualisation of information on various digital devices and platforms.

Level 1.2

Business Statistics & Applications

Students are introduced to the basic concepts of statistics for decision-making in the business world. They will also be taught how to organise and analyse data, and interpret the results. Student will learn to create, capture and manipulate data in spreadsheet formats to help businesses solve business problems and improve business operations and processes. Students will also learn to organise and present data using spreadsheets to aid in their analysis and interpretation.

Career & Professional Preparation

This module helps to give students a foundational introduction to their three-year diploma course curriculum and how it prepares them for industry. It will help them embark on their three-year course with the end in mind through guided reflection on their personal characteristics and development of an overall game plan for their future education and career goals.

Digital Business Solutions

This module aims to provide the students with an introduction to programming. It covers the basic tenets of algorithmic thinking to problem solving. It also covers the desired characteristics of programmes that are easy to read and modify. To ensure relevance to the industry, business-oriented programming problems and cases will be used for discussion and practice.

Economics

This module provides a grounding in the basic concepts in Microeconomics and Macroeconomics. Students will examine the economic choices made by consumers, firms, and see how these decisions affect the market for a particular good or service. They will also analyse the working of a typical economy. Topics include the demand and supply of a good, production costs, price determination and supply decisions for individual firms in different market structures, economic growth, unemployment, inflation, fiscal policy, and monetary policy.

Course Curriculum (Year 1)

Level 2.1

Company Law & Secretarial Practice

This module covers topics such as incorporation procedures and effects, maintenance of statutory records, conduct of meetings, duties and liabilities of directors, rights of members, corporate rescue schemes and liquidation. Students will receive hands-on practice in the preparation of statutory returns using appropriate commercial software packages and become familiar with the Companies Act and other relevant statutory requirements.

Financial Analytics & Applications

This module introduces students to the fundamental concepts of financial analytics. Students will learn various tools and techniques such as data mining, pattern matching and data visualisation to analyse data and perform financial modeling to support business decisions. Students will gain an overview of accounting information systems and learn how to operate an ERP system.

Fundamentals of Financial Accounting

This module introduces students to the concept of double-entry, analysis and recording of business transactions and the accounts of sole-proprietorship and partnerships. Topics include accounting and internal controls for cash & credit transactions, inventories, fixed assets and preparation of financial statements for companies. Students will be exposed to a commercial accounting software.

Singapore Taxation

This module gives an overview of the Singapore income tax system and its tax administration. It introduces the tax concepts and principles in the areas of individual and corporate taxation as well as goods and services tax. Students will learn to prepare income tax computations for resident individuals and companies, including applying tax concepts in tax planning strategies.

Level 2.2

Accountants in the Community

This module engages students to use their accounting knowledge and skills to complete a community project. The partnership with a community partner offers students an opportunity to deepen their academic knowledge while meeting community needs. The community project also allows students to hone decision-making skills, develop social and civic responsibility, and multi-cultural understanding.

Auditing 1

This module introduces the basic concepts, principles and processes of auditing financial statements. Students will acquire basic knowledge and functional skills required of an audit assistant in a public accounting firm. Audit techniques such as communication skills and documentation procedures necessary for conducting an effective audit are also covered.

Business Communication 2

This module builds on the foundation of Business Communication 1 and creates opportunities for students to strengthen their oral and written communication. Students will be required to enhance their presentation skills through impromptu speeches. Students will also learn how to prepare a formal business report. Job hunting and employment skills will be introduced to prepare students for a positive start to their careers. Students will learn about personal branding and will be taught to write application letters and resumes. Additionally, students will learn job interview techniques through role-plays and simulations.

Cost Accounting

This module introduces cost terminology, basic concepts and costing procedures to account for materials, labour and overheads. Costing methods for jobs, processes, joint and by-products, as well as variable and absorption costs are also covered.

Intermediate Financial Accounting

This module equips students with skills to prepare financial statements for partnerships and limited liability companies. Students will learn to analyse financial statements via commonly used financial ratios. In addition, accounting for goods and services tax (GST) and payroll are also covered.

Course Curriculum (Year 2)

Level 3.1

Advanced Financial Accounting

Students learn about Financial Reporting Standards and requirements for the preparation of statements of cash flows, accounting for foreign currency transactions, translation of foreign companies’ financial statements to the reporting currency, preparation of consolidated financial statements, and the analysis of financial statements of listed companies.

Auditing 2

Students will explore advanced areas of auditing by examining issues that require professional judgement such as materiality and risk assessment, statutory and ethical duties of an auditor, as well as audit opinions. Audit approaches and techniques in a computer information systems environment are also covered.

Corporate Finance

This module provides students with the fundamental knowledge in financial management. It gives an overview of the local corporate advisory services as well as business valuations. Students are given the opportunity to understand as well as explore the use of appropriate approaches and valuation tools to assess and value projects, business segments and companies.

Managerial Accounting

Students will be introduced to management accounting techniques for planning, controlling and decision making. Standard costing and budgetary control techniques will be taught together with an in-depth study of relevant costs, cost-volume-profit analysis, transfer-pricing decisions and pricing strategies.

Level 3.2

6-Month Internship

Students will intern for six months with international accounting firms, financial institutions, manufacturing companies or public sector entities. Under the mentorship of professional practitioners, they will experience and learn from the challenges of the working environment.

Ethics for the Professional Accountant

This module provides an introduction to ethical codes that Institute of Singapore Chartered Accountants (ISCA) members adhere to. These include Ethics Pronouncements (EP) 100 on Code of Professional Conduct and Ethics and EP 200 on Anti-Money Laundering and Countering the Financing of Terrorism. Students will learn about possible threats to compliance and safeguards to address these threats.

Course Curriculum (Year 3)