Preparatory Course for Pearson LCCI Level 2 Diploma in Bookkeeping and Accounting

A. Title of Course

B. Overview

LCCI is a portfolio of work-related modular qualifications created to give learners targeted and specialised skills and knowledge needed to enter and thrive in the workplace. Pearson qualifications have been designed in collaboration with employers and professional bodies to ensure each qualification provides students with necessary industry-related skills.

The Preparatory Course for Pearson LCCI Level 2 Diploma in Accounting and Finance prepares students to sit for the following qualification examinations:

1. Pearson LCCI Level 2 Certificate in Business Calculation

2. Pearson LCCI Level 2 Certificate in Cost Accounting (VRQ)

3. Pearson LCCI Level 2 Certificate in Bookkeeping and Accounting (VRQ)

The LCCI qualification examinations are administered by Person Education.

The Pearson qualifications are trusted and valued by employers worldwide and recognized by universities and professional bodies.

C. Objective

The course objectives are:

1. Introduce to students the various aspects of Cost Accounting including application of knowledge to practical scenarios and elements of management accounting.

2. Equip students with key knowledge and understanding of the ole of cost accounting in business

3. Equip students with the knowledge of costs relating to labour, materials and overheads, marginal costing and coding systems.

4. Introduce students to the principles of decision making

5. Equip students with a thorough foundation in bookkeeping and accounting practices, including double-entry bookkeeping.

6. Equip students with the understanding the basic principles underlying the recording of business transactions.

7. Equip students with the ability to prepare and interpret accounts fro organizations.

D. Course Structure

a. Course Outline

The course consists of 3 modules:

Pearson LCCI Level 2 Certificate in Business Calculations
Pearson LCCI Level 2 Certificate in Cost Accounting (VRQ)
Pearson LCCI Level 2 Certificate in Bookkeeping and Accounting (VRQ)

Pearson LCCI Level 2 Certificate in Business Calculations

This module is intended to give students an introduction into the various aspects of Cost Accounting that they are likely to encounter in their working lives. The qualification at level 2 includes the application of knowledge to practical scenarios and introduces elements of management accounting, with a view to their progression opportunities onto qualifications in a similar field that incorporate management accounting techniques.

Pearson LCCI Level 2 Certificate in Cost Accounting (VRQ)

Cost Accounting is for learners who work in, or want to work in accounting environments where they will be required to produce cost information. This module provides the key knowledge and understanding of the role of cost accounting in business; cost relating to labour, material and overheads; marginal costing; coding systems and the role of management information systems in organizations. The module will also introduce students to the principle of decision making for Management Accounting with a view to preparing them for the Pearson Level 3 Certificate in Cost and Management Accounting (VRQ) qualification. This module is trusted and valued by the employers worldwide and recognized by universities and professional bodies. This level 2 qualification will increase their employability skills in the sector and allow progression to the Pearson LCCI Level 3 Certificate in Cost and Management Accounting (VRQ) qualification.

Pearson LCCI Level 2 Certificate in Bookkeeping and Accounting (VRQ)

The Pearson LCCI Level 2 Certificate in Bookkeeping and Accounting (VRQ) and the legacy qualification are established and valued by employers worldwide and recognised by professional bodies. All businesses require accurate bookkeeping records that are maintained in a regular basis. Consequently, there is a demand for employees who posses these skills. This qualification is intended for students who wish to gain a thorough foundation in bookkeeping and accounting practices, including double-entry bookkeeping. It is also for students who wish to understand bookkeeping and accounting in accordance with the International Accounting Standards Board (IASB).

The qualification is also for those who are working, or who are preparing to work, in an accounting environment maintaining financial records and preparing accounts. This qualification will give learners the opportunity to develop an understanding of the basic principles underlying the recording of business transaction. It also give students the ability to prepare and interpret accounts for sole traders, partnerships, limited companies, manufacturing and non-profit making organizations. The Pearson LCCI Level 2 Certificate in Bookkeeping and Accounting (VRQ) will allow progression to other LCCI Level 3 Accounting qualifications and professional body qualifications, as well as supporting progression to the job market, for example to a bookkeeping and accounting role within a large company’s finance department. The Pearson LCCI Level 2 Certificate in Bookkeeping and Accounting (VRQ) will support learners who run their own business and who need to carry out their own bookkeeping and those already working in accounting who would like to enhance their skills.

b. Scope of Study

Principles, theories and case studies

c. Delivery Mode

Lectures, case studies, tutorials

d. Commencement Dates / Intakes

Please enquire for more information.

e. Course Duration

Full-time: 6 months

Part-time: 8 months

Maximum allowable period to complete the course is 18 months from date of course commencement

f. Class Period

Full-time

Monday to Friday

5 sessions per week, 3 hours per session

15 contact hrs per week

Part-time

2 sessions per week, 3 hours per session

6 contact hours per week

g. Course Fees

Application fee ： $327

This course is currently under review.

h. Payment Mode

Click to view details on payment mode

For further information or clarification, please call our Student Support

Services Officer at +65 6221 0603

i. Assessments

The examination dates set by Pearson are as follows:

Pearson LCCI Level 2 Certificate in Business Calculations

Exam. dates: November

Pearson LCCI Level 2 Certificate in Cost Accounting

Exam. dates: April and June

Pearson LCCILevel 2 Certificate in Bookkeeping and Accounting (VRQ)

Exam. dates: January, April, June, July, November and December

j. Assessment Methods

100% Examination

k. Assessment Grading Criteria

Distinction, Merit, Pass, Fail

l. Expected Examination Results Release Date

Within 3 months from date of assessment. Actual date release by Pearson.

m. Qualification Award

Pearson LCCI Level 2 Diploma in Bookkeeping and Accounting

Pearson LCCI Level 2 Diploma in Cost Accounting

Pearson LCCI Level 2 Diploma in Business Calculations

All above certificates are awarded by Pearson Education

n. Graduation Requirements

Completion of institution training

o. Teacher Qualifications

The Committee for Private Education (CPE) is duly notified on all teachers in Exerceo Business International College. All teachers have the required qualifications. Please refer to Our Teachers list in the website for more details.

Average Teacher-Student Ratio is 1:30

Please note that the maximum number of students in the classroom is subjected to the maximum allowable seating capacity

p. Progression Pathway

Preparatory course for Pearson LCCI Level 2 Diploma in Booking and Accounting

Preparatory course for Pearson LCCI Level 3 Diploma in Accounting and Finance

E. Entry Requirements

Age: At least 16 years old

Academic: At least 3 Passes at GCE ‘O’ Level or High School or equivalent

Language Proficiency: Pass in English at GCE ‘O’ Level or High School or equivalent

This course is currently not being run.