WSQ Advanced Bookkeeping and Financial Reporting
About This Course
This intermediate-to-advanced course equips learners with the technical skills and professional practices required to manage full sets of accounts, perform year-end closing, apply financial reporting frameworks, and provide compliance-based financial advice. Aligned with current industry needs, it builds competency in applying Singapore Financial Reporting Standards (FRS), internal controls, and financial analysis to support business decisions. Ideal for finance professionals seeking job enhancement or career progression, the course offers valuable upskilling opportunities relevant to roles in accounting, auditing, and financial advisory.
What You'll Learn
The course covers:
• Advanced double-entry accounting for complex transactions
• Accruals, prepayments, depreciation, and provisions
• Inventory valuation and cost of goods sold adjustments
• Preparation of full sets of accounts, including trial balance, income statement, and balance sheet
• Bank, AR/AP, and petty cash reconciliations
• Identification and correction of accounting errors
• Application of FRS and regulatory compliance
• Internal controls, fraud prevention, and audit trail implementation
• Financial ratio analysis, vertical and horizontal statement analysis
• Providing financial insights and advisory support to management
Entry Requirements
Minimum Entry Requirements
Any Diploma or Professional Certification OR
Workplace Literacy & Workplace Numeracy: Level 6 – Advanced
A WPLN (Reading, Listening, Speaking, Grammar/Vocabulary, Writing and Numeracy) Level 6 will be recognised in lieu of 4 GCE "O" level passes.
No prior technical qualifications or experience is required.
Learners who do not qualify in terms of education, literacy and/or numeracy but have at least 1 year of working experience in related industry will be admitted on a case-by-case basis.