| Entry
Requirements |
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| Course
Synopsis |
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On completion of the course, students should be able
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Prepare final accounts for various entities. |
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Prepare cost accounts. |
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Audit accounts. |
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Write business letters, memos, minutes of meetings and reports. |
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Produce office documents using common software packages. |
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Access information via the Internet and communicate using electronic mail. |
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| Campus(es) Offering This Course |
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The duration of this course is two years and is conducted at:
ITE College East; and
ITE College Central (Bishan Campus).
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| Videoclip
on Learning Environment
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| To
view snippets of the learning environment, please
click here. |
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| Progression
Opportunities
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| Career
Prospects |
As a Higher Nitec in Accounting graduate, you may be employed by government departments, statutory boards and private sector companies.
Some of the job titles held by Higher Nitec in Accounting graduates include:
Accounts Assistant
Audit Assistant
Finance Assistant
Based on the 2006 graduate employment survey, the mean gross monthly salary of Higher Nitec in Accounting graduates is about $1,250. Your career advancement prospects will improve as you grow in experience and upgrade your skills and knowledge by taking up higher-level course.
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| Course
Structure |
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To obtain the Higher Nitec in Accounting certification, you need to accumulate at least 73 credits. These must comprise 55 credits from subjects listed under Core Modules.
CERTIFICATION
Credits required for certification
| Core Modules |
55
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| Life Skills Modules |
10
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| Electives |
8
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| Total |
73 |
CORE MODULES
- Business Communication (7 credits)
On completion of the module, students should be able to communicate effectively and handle both oral and written communications required in a business/work environment.
- Office Applications (5 credits)
On completion of the module, students should be able to produce office documents, process and organise data, create simple personal and business homepage, and create presentations using commonly used software packages as well as send, retrieve and search for information using internet and electronic mail.
- Business Fundamentals (6 credits)
On completion of the module, students should be able to give an overview of the general business and the importance of international business. Students are also trained on the use of statistics in business and to interpret common statistical information. Students are also covers customer service strategies, standards and service recovery.
- Accounting Fundamentals (5 credits)
On completion of the module, students should be able to record business transactions and prepare bank reconciliation statements and control accounts.
- Intermediate Accounting (7 credits)
On completion of the module, students should be able to compute the depreciation of fixed assets, determine the value of stock using various methods of valuation, correct various types of errors through journal entries, and prepare final accounts for sole proprietorship and non-trading organisations.
- Advanced Accounting I (6 credits)
On completion of the module, students should be able to prepare final accounts for partnership and limited liability companies and analyse financial statements using accounting ratios.
- Advanced Accounting II (6 credits)
On completion of the module, students should be able to record hire purchase transactions and prepare cash-flow statements, cash budgets, budgeted financial statements for business organisation. Students are also trained to use standard accounting package to record business transactions in the relevant books and to prepare financial statements.
- Costing (7 credits)
On completion of the module, students should be able to apply costing principles and methods to ascertain the costs of labour, materials and overheads, and to prepare cost accounts for ascertaining the costs of process, products and services.
- Auditing (6 credits)
On completion of the module, students should be able to apply auditing concepts and principles.
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LIFE SKILLS MODULES
- Life Skills for Personal Development (8 credits)
Life skills in broad terms are the foundation skills and personal qualities
that an individual can transfer from one job setting to another to manage
and adapt to changes in technology and work environments.
- Sports and Wellness I (1 credit)
On completion of the module, students should be able to maintain a fit and healthy body and develop an appreciation of sports and games.
- Sports and Wellness II (1 credit)
On completion of the module, students should be able to maintain a fit and healthy body and develop an appreciation of sports and games.
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ELECTIVES
Electives (Course Specific) |
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- Banking and Financial Services (4 credits)
On completion of the module, students should be able to explain the different banking and financial services provided by private and government financial institutions.
- Business Law (4 credits)
On completion of the module, students should be able to describe the legal system in Singapore and explain the general principles of law relating to business contracts and cheques.
- Human Resource Administration (4 credits)
On completion of the module, students should be able to explain the various aspects of the human resource department in an organisation.
- Principles of Management (4 credits)
On completion of the module, students should be able to relate the principles of management to the activities and role of a secretarial/administration appointment in the present day organisation environment.
- Personal Taxation (4 credits)
On completion of the module, students should be able to compute the income tax payable of individuals.
- Business Taxation (4 credits)
On completion of the module, students should be able to compute income tax payable of sole proprietorship, limited liability companies and individuals.
- Tourism Products and Services (4 credits)
On completion of the module, students should be able to describe the various products and services that are offered in the travel and tourism industry and other travel-related services.
- Business Statistics (4 credits)
On completion of the module, students should be able to compute and present statistical data for use in business. The training covers collection, organisation and presentation of statistical data, measures of central tendency, dispersion and normal distribution, index numbers, time series analysis and regression and correlation analysis.
- Managing People and Systems (4 credits)
On completion of the module, students should be able to explain the roles of a manager in an effective, efficient, safe and secure accounting environment. This includes the coordination of work activities, the maintenance of an effective accounting system, people management, personal effectiveness, health and safety, and security issues within the workplace.
- Preparing Taxation Computations (4 credits)
On completion of the module, students should be able to prepare computations of tax liability for individuals, businesses and companies resident in Singapore for income tax purposes.
- Planning, Control and Performance Management (4 credits)
On completion of the module, students should be able to apply management accounting techniques to support the management processes of planning, decision-making, control and performance management.
- Managing Finance (4 credits)
On completion of the module, students should be able to explain the ways organisations finance their operations, plan and control cash flows, optimise their use of working capital and allocate resources to capital expenditure projects.
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| Electives (Inter-Disciplinary) |
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- Entrepreneurship (4 credits)
On completion of the module, students should be able to apply the knowledge and skills acquired from the course to identify a business opportunity and to develop a business plan for launching and operating a small enterprise. The training also covers market and competitor analysis, and fundamentals of business finance.
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| Electives (General) |
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- Business Mandarin (3 credits)
Students should be able to converse in Mandarin in the business environment and be able to develop skills in interpreting business correspondence. The scope of training covers brief introduction of business environment, business etiquette, communication techniques and business correspondence.
- Industry Attachment (2 to 3 credits)
Students are provided with the opportunity to work in an actual business environment.
- Overseas Experiental Programme (2 to 3 credits)
On completion of the module, students should be able to develop leadership qualities, self-confidence, independence, cross-cultural interaction skills and other life skills.
- Overseas Institution Electives 1 and 2 (3 credits)
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