WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course in Singapore
Getting bookkeeping right starts with understanding how debits and credits work and why every transaction needs to be recorded in two places. This WSQ LCCI Level 1 Bookkeeping Course Singapore covers exactly that across 5 days and 30 hours of classroom training. You will learn how to apply double entry accounting principles to journals and ledgers, prepare account reconciliations for assets, liabilities and depreciation and select the right financial statements based on what your internal stakeholders need. Whether you are new to accounting or want a recognised WSQ LCCI bookkeeping Singapore qualification to formalise your skills, this course is SFC-eligible and open to working professionals and beginners across all industries.
WSQ
Singapore Workforce Skills Qualifications
SkillsFuture Eligible
PSEA
Post Secondary Education Account
SFEC
SkillsFuture Enterprise CreditAbsentee
Payroll
Course Start Date
Schedule
- Days: 5 Days
- Duration: 30 Hours
- Timings: 9:30 AM - 4:30 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-2024049778
- Mode of Training - Physical, in-class training
- Course Subsidy Validity - 16-10-2024 to 15-10-2026
- Register Now
Who Should Attend This WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course in Singapore
Anyone stepping into an accounts, finance or admin role for the first time will find this double entry bookkeeping course Singapore a solid starting point. It is also suitable for business owners who want to understand how their financial records are maintained and working professionals who deal with basic accounting tasks at work but have never had formal training in how bookkeeping actually works. No prior accounting experience is needed and this accounting basics course Singapore welcomes professionals from all industries who want a recognised bookkeeping certification Singapore to back up their skills.
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 1 Essentials of Double-Entry Bookkeeping Course
Bookkeeping is built on one core principle — every transaction affects two accounts and both sides need to be recorded correctly. This double entry bookkeeping course Singapore gives you a clear understanding of how that works in practice across 5 days of classroom training. You will work through journals and ledgers, prepare account reconciliations covering assets, liabilities and depreciation and learn how to select the right financial statements for different internal reporting needs. Every area covered in this LCCI level 1 accounting course is tied directly to what working professionals in finance and accounts roles need to know.
What You’ll Learn:
- Apply double entry accounting principles to record transactions correctly in journals and ledgers using debit and credit entries
- Prepare customer account reconciliations for assets, liabilities and depreciation in line with accounting standards
- Identify the right type of financial statements needed for internal reporting and understand what each one communicates to stakeholders
What You'll Learn specifically:
Across 5 days of classroom training this WSQ LCCI bookkeeping Singapore course focuses on three core areas that form the foundation of accurate bookkeeping:
- Record business transactions correctly in journals and ledgers using double entry accounting principles with the right debit and credit entries for each transaction type
- Work through customer account reconciliations covering assets, liabilities and depreciation and make sure everything lines up with accounting standards
- Understand the different types of financial statements available and know which ones to use based on what your internal stakeholders need to see
Why Learn Double Entry Bookkeeping?
Every business transaction leaves a financial trace and double entry bookkeeping is the system that captures it accurately. When records are kept correctly using debit and credit principles, businesses have a clear and reliable picture of where their money is going, what they owe and what is owed to them. That clarity matters whether you are running a small business or working in a finance team at a larger organisation.
For working professionals, understanding how double entry bookkeeping course Singapore works makes you more valuable in any accounts or admin role. Employers look for people who can maintain accurate records, prepare reconciliations and work with financial statements without needing constant guidance. Having a recognised LCCI bookkeeping Singapore qualification backs up those skills with a certification that carries weight in the job market.
For business owners, knowing how your books should be maintained means you can spot errors early, understand your financial position at any point and have more informed conversations with your accountant. Bookkeeping fundamentals are not just for accountants — they are a practical skill for anyone who wants to manage money responsibly in a business setting.
What You Will Achieve After This Course
By the end of this WSQ LCCI Level 1 Bookkeeping Course Singapore you will be able to:
- Apply double entry accounting principles confidently to record transactions in journals and ledgers using the correct debit and credit entries
- Prepare customer account reconciliations for assets, liabilities and depreciation that meet accounting standards
- Choose the right financial statements for internal reporting and understand what each one tells your stakeholders about the financial position of the business
Training fee: WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping 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) | $595.00 | $595.00 | $595.00 | $595.00 |
| SkillsFuture Funding (WSQ) | - $0.00 | - $297.50 | - $416.50 | - $416.50 |
| GST (On Full Fee) | + $53.55 | + $53.55 | + $53.55 | + $53.55 |
| Total Payable (After Funding and GST Included) |
$648.55 (After Funding and GST Included) |
$351.05 (After Funding and GST Included) |
$232.05 (After Funding and GST Included) |
$232.05 (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.
SFEC
SkillsFuture Enterprise Credit
SFEC : Eligible companies can offset up to 90% of the payable amount via SFEC
Absentee Payroll
Absentee Payroll Funds : Eligible companies can reimburse $4.50 per hour/pax joining our courses from Absentee Payroll
Course Outline
Lesson 1
Apply double-entry accounting principles to accurately record transactions in journals and ledger
Lesson 2
Prepare customer account reconciliations according to accounting standards for assets, liabilities, and depreciation
Lesson 3
Select the types of financial statements for reporting according to the needs of internal stakeholders.
FAQs for the WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course in Singapore
What is the WSQ LCCI Level 1 Essentials of Double-Entry Bookkeeping Course?
The course covers the basics of accounting with a focus on double-entry bookkeeping. It teaches how to accurately record and manage financial transactions using the double-entry system—an essential foundation of financial accounting.
What if I fail/did not complete the assessment?
You will be considered non-competent and no Statement of Attainment (SOA) will be awarded.
You are required to pay the complete course fee, which includes the SSG’s funding requirement.
What will I learn in the course?
You will gain practical knowledge of core bookkeeping concepts. This includes understanding the chart of accounts, journal entries, ledgers, trial balances, and preparation of basic financial statements.
Is prior accounting knowledge required for this course?
No, the course is beginner-friendly. It is specifically designed for those with no prior accounting background, offering a clear, step-by-step learning experience.
How long is the course?
The duration is either 5 full days or 10 sessions of 3 hours each. Flexible scheduling options make it suitable for working professionals and part-time learners.
What are the benefits of completing this course?
You’ll build a strong foundation in financial recordkeeping.
This skill is valuable for any business role and enhances your ability to manage accounts accurately and professionally.
Will I receive a certification?
Yes, a WSQ certificate will be awarded upon completion. This nationally recognized certification can improve your employability and open doors in the accounting and finance sectors.
Who is this course suitable for?
The course is perfect for beginners and business professionals. It suits anyone looking to understand bookkeeping fundamentals, including those in admin, finance, or small business roles.