Accounting Fundamentals

Course Objective

This course is intended for learners without the knowledge of the accounting fundamentals and wishes to pursue the required knowledge and practical computerised bookkeeping skills for a career in the accounting field.

It is also designed for learners who wish to progress into certified Bookkeeping and Finance qualifications upon completing the course.


This course aims to develop learners' knowledge and understanding of fundamental accounting concepts and assess candidates' practical ability to use MYOB computerised accounting software to:

  • set up sole trader company accounts
  • record sales and purchases transactions
  • record receipts and payments
  • reconcile bank balances
  • generate financial reports

Course Details

The course can be accessible online at and comprises of two parts:

1.  Accounting fundamentals that spell out the ABCs of accounting
2.  Running of a business using a computerised accounting software

Suitable For

Anyone who wants to learn the basics of accounting

Minimum Entry Requirements

No minimum entry requirement planning

Account access validity period

3 months from the date of registration

Course Outline

Accounting Fundamentals:

• Fixed Assets
• Balance Day Adjustments,
• Bad Debts & Provision for Doubtful Debts
• Partnerships
• Incomplete records
• Control Accounts
• Analysis and Interpretations of Final Accounts

Computerised Accounting:

• Starting a new company
• Creating Accounts list
• Banking
• Purchases
• Sales
• Reports

Award / Certification / Accreditation

A Course Certificate will be issued to participants who have viewed at least 75% of the content.

Fees Payable

Full course fee: S$200.00 + S$14.00 (GST) = S$214.00 (inclusive GST)
10% Discount for SP Alumni

SkillsFuture Credit (SFC)

With effect from January 2016, Singaporeans aged 25 years and above who received their SkillsFuture

Credit account activation letter will be eligible for an initial credit of $500 which can be used to pay for
course fees for a range of eligible skills-related courses. The credits can be used on top of existing
course fee subsidies/funding.

This is only applicable for self-sponsored applicants. Application via SkillsFuture Portal can only be made starting from 30 days before the course commencement date.

SFC Portal Course Id: SP-501077

Please click here to find out more about SkillsConnect.

1. All applications must be made via Online Registration at

Course fees can be paid by the following payment modes:
Credit Cards, Internet Banking, NETS (Not Applicable for company sponsored)
a) For e-payment using Visa/Master cards and Internet Banking, please click on the ‘Make e-Payment’ button on the acknowledgement page to proceed.

b) For NETS payment, you can pay at:
Singapore Polytechnic
PACE Academy
Blk T1A, Level 1
Mon-Fri: 8:30am to 7:30pm

c) Please make cheques payable to “Singapore Polytechnic”. Please cross the cheque and write the Registration Reference ID, Applicant Name and NRIC/FIN number on the back of the cheque. Mail the cheque to:

Singapore Polytechnic
PACE Academy
500 Dover Road
Blk T1A, Level 1
Singapore 139651

Please note that an administrative charge of $15 will be imposed for any returned cheques from the bank or financial institution.

2. All successful applicants will be notified with a letter of confirmation via email.

3. Withdrawal and Deferment

Withdrawal and deferment notice must be made in writing to the Professional & Adult Continuing Education (PACE) Academy, Singapore Polytechnic via email accordingly:

Online Courses -
All other

For withdrawal cases, the portion of course fee to be refunded is based on the date of notice as follows:


  • 2 weeks before the commencement of the course - Full refund
  • Less than 2 weeks before commencement of the course - 70% refund
  • On or after date of commencement - No refund


There will be no refund or transfer of course once the account has been created.

The Singapore Polytechnic reserves the right to cancel or postpone any of the courses. Applicants will be duly notified and where applicable, the full fees will be refunded.

The Singapore Polytechnic also reserves the right to amend the fees charged or the period and duration of the courses.

The data provided to Singapore Polytechnic will be kept strictly confidential and will be used for the purpose of course administration. The data may be passed on to the relevant organisations that require the information related to the course.





Venue: Online


Full course fee:

S$200.00 + S$14.00 (GST) = S$214.00 (inclusive GST)





Terms and Conditions