Teacher:  Mdm Quek Eng Chiew

Goals & Objective;  To enable students to:

- acquire knowledge and understanding of fundamental accounting concepts, principles and prodecures in the context of business aims and activities;

- develop  skills in preparing and analysing accouting information;

- develop an understanding of the role of accounting in providing an information system for monitoring and decision making;

- develop skills of numeracy, communication, inquiry and presentation;

- develop attitudes of accuracy, orderliness and logical thought and an appreciation of professional ethics.

 Subject Content:

- Role of Accounting; Accounting Elements; Double-entry System of Recording

- Trial Balance; Trading Account & Profit and Loss Account; Balance Sheet;

- Cash Book; Bank Reconciliation;

- Source Documents; Journals; Control Accounts;

- Final-Day Adjustments - Accruals & Prepayments; Correction of Errors; Bad Debts; Provision for Doubtful Debts; Provision for Depreciaiton; Stock Valuation

- Final accounts of Sole Trader & Partnership;

- Amalgamation of Business

- Incomplete Records

Syllabus

• Latest Syllabus for 'N' Level Principles of Accounts - PDF Format
• Latest Syllabus for 'O' Level Principles of Accounts - PDF Format

Educational Opportunities
1. Millenia Institute - Principles of Accounting at GCE 'A' Level
2. Polytechnics Courses available
    - Accounting & Finance
    - Business Studies
    - Banking & Financial Services
    - Business Information Technology
3. LCCI & ACCA

Career Opportunities
- Book-keeping
- Accounting and Auditing
- Business Finance & Banking
- Financial Investment 
- Tax Accounting
- Education

Enrichment Programs & Achievements:

LCCI Level 1 Book-keeping: Achievement in 2011 Exams - 51.6% Distinctions

LCCI Level 1 Book-keeping: Achievement in 2010 Exams - 34.5% ; Medallion Award - Mandy Lee Mei Yee [4E4]

National Youth Business Challenge 2010 - Bronze Award (2 teams)

National Youth Business Challenge 2009 - Silver Award (1 team)

National Accounting Quiz - Certificate of Merits [4 students]; Certificate of Participation [2 teams]

Financial Literacy for Sec 2