Accounting Information System

This course provides knowledge about the analysis, design and use of accounting information systems. It addresses the following key concepts: role of security and control in an accounting system; documentation of accounting information systems; database management, processes and modelling; internal controls; and the role of accounting information systems in major processes of the business cycle.

Accounting Theory

This course examines the feasible set of accounting measurement models that provide the basis for corporate financial reporting. It focuses on the fundamental economic, social and political concepts/theories that underpin the empirical research, standard setting, regulatory and disclosure environment of contemporary accounting practice.

Advanced Audit

The course develops on the foundation provided in the first audit module by examining how audit integration, evidence quality and professional values and conduct can affect audit quality;
and how computerised environments affect the audit approach, procedures and techniques. Current issues and developments relating to accounting scandals, forensic techniques and non-audit services are also covered. Real-world cases are used throughout the course, to expose students more broadly to the real-world environment in which the profession operates.

Advanced Financial Accounting

This course provides participants with sound and in-depth technical and conceptual knowledge of advanced accounting topics relating to business combinations, inter-corporate investments, consolidation, foreign currency translation, accounting for financial instruments and deferred taxation. Given the rapid changes in the environment of accounting, the pedagogy provides a platform for participants to discuss the impact of mergers and acquisitions and complex financial instruments on accounting standards and practice.

Audit and Assurance

This course enables participants to build foundation knowledge of the basic audit and assurance concepts. The focus is to guide participants to obtain an understanding of the risk and control issues impacting an entity’s business and its financial reporting. Participants will also learn to apply the knowledge and understanding to develop an informed appreciation of how an audit of financial statements is performed.

Corporate Reporting and Financial Statement Analysis

This course will examine corporate reporting issues and disclosure requirements as well as the analysis and interpretation of financial statements prepared under current accounting standards. The objective is to attain technical and analytical proficiency in preparing and using financial reports of companies, whether as accountants, auditors, managers, financial analysts or investors.

Decision Science

This course introduces the use of quantitative methods or models as decision-making tools. The focus will be on defining and formulating various types of decisions into models, solving formulated problems using computer software and analysing the results. The set of quantitative models covered may include decision analysis, games theory, various types of linear programming problems, queuing, inventory models, various types of network problems and simulation.

Economics

This course provides a foundational study of the economic concepts necessary to analyze the global economy and their impact on financial markets.  The course will analyze the role of monetary policy and exchange rate policy in managing interest rates, the business cycle and a nation's trade competitiveness.  We will also discuss the drivers of economic growth, in the context of market competition and innovation.

Finance

This course provides participants with a basic understanding of corporate finance. Participants will be exposed to key financial concepts and tools commonly used by managers in making sound financial decisions. These include time value of money, risk-return trade-off analysis and cost of capital. The course also reviews the basic financial activities undertaken by firms to create value for their shareholders. These activities include investing, financing, mergers and acquisitions and dividend policy.

Financial Accounting

This course provides participants with a basic understanding of accounting as "the language of business”. It introduces participants to the basic concepts, principles, procedures and approaches underlying the accounting process. This basic understanding facilitates the interpretation of financial information, which is necessary for making business decisions.

Legal Environment of Business

This course aims to provide participants with a good understanding of the legal environment in which business is carried out, paying particular attention to the aspects which are of special relevance and importance to accountants. The topics are: introduction to law; corporate crime; torts (in particular, negligence); contract law; company law (including partnerships and limited liability partnerships) and international legal aspects, with contract law and company law forming the bulk of the course.

Management Accounting

This course looks into cost and management accounting areas to enable students to understand how accounting information is used in managing an organisation. It examines various functional areas within the firm, ranging from manufacturing to marketing, and from accounting to human relations. In addition, the concept of management - how senior managers plan, implement and control those plans through people - will be briefly discussed.

Management of People at Work

A good understanding of how individuals and groups behave in organisations will give accounting professionals a competitive advantage at the workplace. This course adopts a managerial approach in the study of human behaviour in an organisation. It informs participants on the various theories and good practices in managing people at work. It aims to help accounting professionals develop essential managerial competencies to excel in an organisation.

Statistics

Statistics is the field of science concerning ways of summarising data into useful information. It is often used to help individuals in making decisions. The purpose of this course is to introduce the basic concepts of probability and statistics and to illustrate the use of statistical methods for problem solving. Emphasis will be placed on statistical reasoning, rather than theoretical details.

Strategy

This course examines the major techniques and approaches to the development and implementation of corporate strategy. Partcipants will explore the underlying concepts, analytical techniques, and evaluation of strategic options that form the basis for strategic analysis and action. The course introduces the application of strategy in the real world and explores the reasons for the success and failure of businesses in this era of global competition. The course teaches concepts applicable to corporations around the world, with a special emphasis on small and large companies based in Asia.

Taxation

On completion of this course, participants should be able to explain the operations of the Singapore tax system; compute tax liabilities of corporate and individual taxpayers; prepare computations of the income tax liability for employees, sole traders and partners; explain and apply the scope and principles of Goods and Services Tax (GST); explain the use of exemptions and reliefs in deferring or minimising tax liabilities; and apply the main taxation and tax planning principles to real life scenarios.