Overview

This 2-day course is a primer for not-for-profit staff and management who are not accounting trained but need to acquire the basic record keeping knowledge to enable them to implement and maintain a simple automated accounting system for their organisations.

Hands-on approach will be focused during course to help participants to manage day-to-day accounting operations. This course integrates the advancement of audit analytics to help participants to identify transactional errors, outliers, and trends to manage accounting function effectively and efficiently in their organisations.

Teaching Team

What You’ll Learn

Topic 1 - Introduction
  • The purposes of good record keeping
  • The basic understanding of record keeping practices
  • Benefits of a record keeping system
  • Sharing of interactive case study

Topic 2 - Overview of Not-for-Profit Compliance
  • Regulatory requirements
  • Code of Governance
  • Discussion of compliance trends and examples

Topic 3 - Financial Standards for Additional Information
  • Relevant IFRS standards
  • Case study of standard implementation

Topic 4 - Implementing a Basic Record Keeping System
  • Good record keeping practices
  • Creating a good record keeping system
  • Maintaining a good record keeping system

Topic 5 - Data Management
  • Mechanical accuracy
  • Field types exploration
  • Audit assertions evaluation

Topic 6 - Analytical Procedure
  • Comparison analysis
  • Audit objectives
  • Audit risks

Topic 7 - Sampling
  • Sampling techniques
  • Field statistics
  • Random record selection

Topic 8 - Trends and Outliers Detection
  • Age analysis
  • High value
  • Obsoleted analysis

Who Should Attend

  • Management
  • Admin staff working at Not-For-Profit organisation
  • Account Assistant working at Not-For-Profit organisation


SITizens Learning Credits (SLC) - Eligible Course

SIT Alumni: Before registering for courses, please activate your SITizens Learning Credits via the email sent by SIT Alumni Team, on behalf of SITLEARN Professional Development.

CLICK HERE TO APPLY (only for SIT Alumni)  

 

Certificate and Assessment

A Certificate of Participation will be issued to participants who:

  • Attend at least 75% of the course, and 
  • Undertake non-credit bearing assessment during course

Schedule

Date Duration Venue
20 - 21 Feb 2020 2-day SIT@Dover, 10 Dover Drive, Singapore 138683

Fees

Category

Full Fee After SF Funding After SF Mid-Career
Enhanced Subsidy
Singapore Citizen (Below 40) /
Singapore PR
$1,498.00 $449.40 Not Eligible
Singapore Citizen (40 & above) $1,498.00 $449.40 $169.40
Non-Singaporeans $1,498.00 Not Eligible Not Eligible

Note:

  • All figures include GST. GST applies to individuals and Singapore-registered companies.

Terms & Conditions for SkillsFuture Course Funding

In order to be eligible for the 70% training grant awarded by SkillsFuture, applicants (and/or their sponsoring organisations where applicable) must:

  1. Be a Singaporean Citizen or Singapore Permanent Resident
  2. Not receive any other funding from government sources in respect of the actual grant disbursed for the programme

SkillsFuture Mid-Career Enhanced Subsidy

To be eligible for the 90% enhanced subsidy awarded, applicants (and/or their sponsoring organisations where applicable) must:

  1. Be a Singaporean Citizen
  2. Be at least 40 years old
  3. Not receive any other funding from government sources in respect of the actual grant disbursed for the programme

SIT reserves the right to collect the balance of the programme fees (i.e. the potential grant amount) directly from the applicants (and/or their sponsoring organisations where applicable) should the above requirements not be fulfilled.

SIT reserves the right to make changes to published course information, including dates, times, venues, fees and instructors without prior notice.

 

Frequently Asked Questions (FAQ)

1. What accounting skills do I need for this course?
  • Basic understanding of accounting is sufficient for this course.

2. Do I need to bring laptop to the course?
  • No, the course will be conducted at SIT computer lab.

3. Do I need to purchase software for the course?
  • No, we will prepare the trial version of software to be used during course.

Key Info

Venue SIT@Dove, 10 Dover Drive S138683
Time 08:30 AM to 05:00 PM
Date 20 Feb 2020 (Thu) to
21 Feb 2020 (Fri)
Registration is Closed.

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