WHAT IS HIGHER NITEC IN ACCOUNTING?

HIGHER NITEC IN ACCOUNTING is offered by ITE Singapore, a statutory board under the Ministry of Education Singapore. It is a Nationally recongnised Qualification supported by the Skill Development Fund

WHO SHOULD ATTEND THE COURSE?

Since HIGHER NITEC IN ACCOUNTING course is industry-driven and career-oriented, individuals who have the drive to work in challenging and well-paid jobs with bright career and advancement prospects should attend the course.

WHERE TO ATTEND THE COURSE?

Working adults and school leavers can now have the opportunity to attend the HIGHER NITECIN ACCOUNTING Course at JE COMPUTER & EDUCATION CENTRE to gain this Nationally recognised qualification. ITE Singapore has authorised JE Computer & Education Centre as an approved Training Providers because JE Computer & Education Centre satisfied the requirement of ITE in the area of training staff, equipment, facilities and quality in Education.

WHAT CAN ITE GRADUATES DO?

Employment opportunities in the following area: - Industrial, Commercial, Service and Public Sectors.

 HIGHER NITEC IN ACCOUNTING

  CORE MODULES     ELECTIVE MODULES
ACCOUNTING FUNDAMENTALS
 Ascertain and classify business entity into assets, capital and liabilities
 Prepare ledger accounts
 Maintain petty cash book
 Prepare sales / purchases journal
 Prepare journal entries
 Prepare trial balance
 Prepare debtors and creditors control accounts
 Prepare Bank Reconciliation Statement
 Maintain GST Records


INTERMEDIATE ACCOUNTING
 Draw up a trial balance
 Prepare trading, profit & loss accounts
 Prepare balance sheet
 Compute depreciation of fixed assets
 Compute accruals and prepayment
 Bad debts and provision for bad debts
 Correction of errors & the suspense accounts
 Computation of stock value & the principle of “Lower of the cost or market value”
 Prepare final accounts for non-trading organizations


ADVANCED ACCOUNTING 1
 Prepare the final accounts for a partnership taking into accounts changes in partnership
 Accounting for issuing of shares & debentures
 Prepare the profit and loss appropriation account and the balance sheet of a limited company & balance sheet for publication
 Compute accounting ratios of financial accounts
 Prepare a profit and loss account & balance sheet for publication
 		 ADVANCED ACCOUNTING II
 Prepare cash-flow statements
 Prepare cash budget
 Prepare budgeted financial statements
 Record hire purchase transactions in the books of the buyer & seller
 Accounting for GST
 Computerised Accounting


AUDITING
 Nature & importance of an audit
 Qualification, appointment and rights of the auditor
 Identify the scope & characteristics of internal audit
 Define the characteristics of good internal control
 Retrieve source documents for each accounting cycle
 Audit bank reconciliation statement
 Enumerate the approaches that auditors may adopt
 Evaluate internal control system
 Gather audit evidence
 Draft audit report for review
 Prepare aging analysis of debtors
 Conduct an audit


COSTING
 Prepare cost statement
 Maintain appropriate stock levels
 Compute labour cost
 Allocate / Apportion production overheads to production & service departments
 Over and under absorption of production overheads
 Prepare costing profit and loss account/trading, profit & loss accounts
 Prepare job cost statement
 Process costing
 Decision-Making using marginal costing principles
 Break-even analysis

BUSINESS COMMUNICATION
 Write Business Letters
 Write fax messages
 Write e-mails
 Write simple notices
 Write simple memorandums
 Proof read documents
 Write short formal/informal reports
 Prepare notices and agenda for meetings
 Write minutes of meeting
 Communication with others


BUSINESS FUNDAMENTALS
 Participate in departmental & organisation decisions relating to business
 Construct statistical tables
 Interpret statistical presentation
 Compute mean, medium & mode for ungrouped data
 Customer Service
 Perform customer service audits


OFFICE APPLICATIONS
 Produce business documents
 Prepare worksheet, tables, charts & diagrams
 Create & manage databases
 Create presentation slides
 Source for information from the internet
 

BUSINESS STATISTICS
 Role of Statistics
 Data Collection
 Data Organisation
 Data Presentation
 Frequency Distribution
 Mean, Median & Mode
 Standard Deviation
 Probability
 Normal Distribution
 Time Series Analysis
 Simple Regression and Correlation Analysis
 Index Numbers


HUMAN RESOURCES
ADMINISTRATION
 Functions of the Human
 Resources Department
 Recruitment and Selection
 Conditions of Employment
 Contract of Employment
 Performance Appraisal
 Human Resource Records
 Compensation and Benefits
 Training & Development
 Health & Safety
 Industrial Relations
 Practical Component

Entry Requirements: ► 3 GCE ‘O’ Levels Grade 1-6 in English, Grade1-7 in Mathematics/Principles of Accounts and one other subject ► Full Nitec in Service Skills (Office)
► Passed ITE Entrance Test for Higher Nitec in Accounting
 

 

  

 
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