Course Overview

This advanced course builds upon the foundational knowledge acquired in the Bookkeeping course, delving deeper into complex bookkeeping techniques and practices. Participants will explore advanced topics such as accrual accounting, inventory valuation methods, and financial statement analysis. Through interactive discussions, case studies, and practical exercises, learners will develop the skills and expertise needed to handle sophisticated bookkeeping challenges with confidence and precision. 

 

Prerequisites

  • Trainees should be proficient in web surfing.
  • Basic understanding of book-keeping.
  • Proficient in Microsoft Excel.
  • Able to communicate in English.
  • For in-person training, do bring along a laptop that has Microsoft Excel.  

Target Audience

This course is tailored for individuals in Singapore who are new to book-keeping. It is suitable for:

  • Entrepreneurs and startup founders.
  • Administrative professionals. 

Course Highlights

  • In-depth coverage of advanced bookkeeping concepts and methodologies.
  • Practical applications of accrual accounting principles and techniques.
  • Advanced financial statement analysis and interpretation.
  • Hands-on exercises and case studies to reinforce learning.
  • Expert insights and guidance from seasoned industry professionals.

Course Objectives

Upon completion of the course, participants will be able to:

  • Apply accrual accounting principles to record complex financial transactions accurately.
  • Implement advanced inventory valuation methods and cost accounting techniques.
  • Conduct comprehensive financial statement analysis to evaluate business performance and make strategic decisions.
  • Utilize advanced bookkeeping software features and tools effectively.
  • Demonstrate proficiency in handling complex bookkeeping challenges and scenarios.

Course Outline

  • Advanced concepts of accrual accounting.
  • Revenue recognition principles and methods.
  • Recording complex revenue transactions.
  • Overview of inventory valuation methods.
  • LIFO, FIFO, and weighted-average costing methods.
  • Inventory valuation adjustments and reconciliations.
  • Cost accounting principles and techniques.
  • Allocation of manufacturing overhead costs.
  • Job costing and process costing methodologies.
  • Ratio analysis for evaluating liquidity, solvency, and profitability.
  • Trend analysis and benchmarking techniques.
  • Interpretation of financial statements and disclosures.
  • Utilizing advanced features of bookkeeping software.
  • Customizing reports and templates.
  • Integrating third-party applications for enhanced functionality.
  • Analyse real-world case studies to apply advanced bookkeeping techniques.
  • Hands-on exercises to reinforce learning and problem-solving skills.
  • Group discussions and peer feedback on case study solutions.

Certification

A certificate of completion will be awarded upon successful completion of the course.

Course Fees

$788 $488