Preparatory Course For Pearson London Chamber Of Commerce And Industry (LCCI) Diploma In Book-Keeping And Accounts

Objectives

This Diploma is suitable for candidates who are working, or are preparing to work in an accounting environment maintaining financial records and preparing accounts. Candidates attempting this qualification should have the knowledge and skills equivalent to the LCCI IQ Level 1 Book-keeping qualification.

The Diploma in Book-keeping and Accounts combines a range of mandatory and optional subjects to allow learners to comprehensively demonstrate their knowledge, skills and ability in this area.
 

Syllabus Overview

Mandatory: Level 2 Book-keeping and Accounting

Plus TWO of the following options:

– Level 2 Business Calculations
– Level 2 Business Statistics
– Level 2 Cost Accounting
– Level 2 Practical ICT Skills
– Level 2 English for Business

The programme is delivered through classroom lectures, group and individual assignments, case studies, in-class exercises and industry visits where appropriate.
Full–Time
4 months (Theory)
Monday to Friday, 3 hours per session

Part–Time
6 months (Theory)
3 days a week, 3 hours per session

Full Time Intake
Dates available on request

Part-Time Intake
Dates available on request

Awarding Body
The Pearson London Chamber Of Commerce And Industry (LCCI) Diploma In Book-Keeping And Accounts is awarded by Pearson Education Limited, UK.

To be eligible for admission, you must:

  • be at least 16 years old at the time of application
  • have a standard of English equivalent to LCCI IQ Level 1 English for Business
  • have at least a D7 at GCE ‘O’ Level English or equivalent
  • LCCI Level 1 Book-keeping qualification or equivalent
Level 2 Book-keeping and Accounting 

The aims of this syllabus are to enable candidates to develop:

  • an understanding of the basic principles underlying the recording of business transactions
  • the ability to prepare and interpret accounts for sole traders, partnerships, non-trading organisations and limited companies

Level 2 Business Calculations 

The aims of this syllabus are to enable candidates to develop:

  • a broad knowledge and understanding of standard business calculations in relation to simple and compound interest, wages and commission, buying and selling, insurance, foreign currencies, hire purchase, partnerships and averages.
  • the ability to apply this ‘knowledge and understanding’ in business situations.
  • a knowledge and understanding of related terminology.

Level 2 Business Statistics 

The aims of this syllabus are to enable candidates to develop:

  • a knowledge and understanding of some basic statistical techniques
  • the ability to apply this knowledge and understanding in solving business problems

Level 2 Cost Accounting 

The aims of this syllabus are to enable candidates to develop:

  • a detailed understanding of how financial transaction data may be processed to provide cost accounting data
  • a basic understanding of how cost accounting information can be used for the purposes of planning and control within business organisations
  • the ability to apply this understanding of planning and control in a variety of business settings

Level 2 Practical ICT Skills

The aims of this syllabus are to enable candidates to develop their understanding and practical ability across the key Level 2 areas of:

  • Word Processing
  • Spreadsheets
  • Database
  • Presentation Software
  • Email, Internet and IT Security

Level 2 English for Business 

The aims of this syllabus are to enable candidates to develop the ability to:

  • write apt and accurate English suited to the stated purpose
  • understand and write English using formats that are current and common in business communication
  • adopt the tone, form, layout, content and composition appropriate to the requirements of a given situation
  • understand spoken and recorded Business English at the defined level
  • participate in conversations
Candidates who achieve Pearson London Chamber Of Commerce And Industry (LCCI) Diploma In Book-Keeping And Accounts may progress to the LCCI IQ Level 3 qualification.

Application FeeLocal StudentInternational Student
Application Fee (non refundable)50.0050.00

For CourseLocal StudentInternational Student
Examination Fee600.00600.00
LCCI Diploma Certification Fee85.0085.00
Medical Insurance Fee*100.00100.00
FPS Insurance Fee*100.00100.00
Student Pass Fee*N.A.120.00
Medical Check up**N.A.50.00
Registration Fee*100.00100.00
Course Fee1,975.001,975.00
Total2,960.003,130.00
GST207.20219.10
Net Fees3,167.203,349.10

* Non-refundable fees consumed upon enrolment
** Non-refundable fees after consumed

Miscellaneous FeesLocal StudentInternational Student
Penalty charge for late payment of course fee50.0050.00
Re-examination fee150.00150.00
Appeal to LCCI against examination result150.00150.00
Additional Student Guidebook per copy50.0050.00
Student Pass Renewal FeeN.A.120.00
Application for Exemption Fee100.00100.00
Reprint of Diploma certificate200.00200.00
Student ID Card30.0030.00

¹ All Course fees payable by local and international students are protected under the Fee Protection Scheme (FPS) except Goods and Services Tax. Students can pay both their course and miscellaneous fees directly into ‘Boston Business School Pte Ltd’ DBS Account No. 003-901554-2 through any of the following methods:

  • SGD crossed cheque
  • SGD cash
  • Cashier’s order
  • Bank draft
  • Telegraphic transfer
  • NETS

² Miscellaneous fees are non-compulsory and non-standard fees which are paid only when necessary or applicable.

³ All fees are in Singapore dollars and are subject to 7% Goods and Services Tax.

Assessment objectives
The examination will assess the candidate’s ability to:

  • demonstrate an understanding of the more advanced aspects of Level 1 Book-keeping
  • prepare accounts for a partnership in relation to its creation, the retirement of a partner, the admission of a new partner, its dissolution and its sale as a going concern
  • prepare final accounts for partnerships, limited companies and non-trading organisations
  • demonstrate how accounts are prepared for a business that has not maintained proper accounting records
  • prepare manufacturing accounts
  • demonstrate an understanding of the concept of determining stock valuation
  • prepare control accounts for sales and purchases
  • correct errors in accounts and show the use of a Suspense Account
  • demonstrate how to use final accounts for the purpose of the calculation and interpretation of ratios

Skills Assessed
Candidates will need to show that they can:

  • add, subtract, divide, multiply, calculate and use percentages and ratios
  • prepare journal entries and ledger accounts
  • present the final accounts for sole traders, partnerships, limited companies and non-trading organisations in appropriate format
  • analyse and interpret data

Coverage of Syllabus Topics in Examinations
At least two of the following syllabus topics will appear in each examination:

  • Partnerships
  • Limited liability companies
  • Incomplete records
  • Manufacturing Accounts
  • Control Accounts

Examination Format

  • The time allowance for the examination is 3 hours.
  • There will be 5 questions on the examination paper.
  • Candidates are required to answer 4 questions.
  • No question will be compulsory.
  • Each question will carry equal marks.

Answer Formats
The answers required will be predominantly of a quantitative nature, but candidates will be expected to demonstrate their understanding of the subjects at an appropriate level.

Mark Allocation
A positive marking approach is used.

Although candidates will be penalised for initial calculation errors, they will gain marks for consequential ‘own figures’ as long as the correct use of principles has been demonstrated.

You will receive the Pearson London Chamber Of Commerce And Industry (LCCI) Diploma In Book-Keeping And Accounts if you achieve at least a Pass in all modules.

Grade structure:

DistinctionMeritPassFail
75-10060-7450-59below 50