1. INDUCTION DAY:
ACCOUNTANCY PROGRAMME
BRIEFING
12 Jul 2014

2. What is Accounting?
(Source: SAC YouTube Channel)

3. ACCOUNTANCY –
The Language of
Business

4. Business
Organisation
Business
Organisation
OwnersOwners
ManagersManagers
EmployeesEmployees
Internal Stakeholders External Stakeholders
ShareholdersShareholders
CreditorsCreditors
SuppliersSuppliers
CustomersCustomers
SocietySociety
GovernmentGovernment

5. AIS

6. AIS

7. Role of Accounting Information -
External
Debts
Raising Capital
Mortgages
Cash Flows
New Investors
Sales
Costs

8. Role of Accounting Information -
External
….to provide financial information about the reporting entity that is
useful to existing and potential investors, lenders and other creditors
in making decisions about providing resources to the entity.
FRS Conceptual Framework Chapter 1 para OB2
existing and potential investors lenders and other creditors

9. Financial Accounting Courses
Financial Accounting
Financial Reporting
Intermediate Financial Reporting
Advanced Financial Reporting
Financial Statement Analysis and
Valuation

10. Role of Accounting Information -
External

11. Tax Courses
Introduction to Income Tax
Taxation of Companies and
Partnerships
International Taxation and Tax
Planning

12. AIS

13. Role of Accounting Information -
Internal
Planning
Making Decisions
Control

14. Managerial Accounting Courses
Managerial Accounting
Accounting for Decision Making and
Control
Strategic Management Accounting

15. The Need for VERIFICATION of
Accounting Information…

16. AIS

17. Assurance & Control
Assurance and Attestation
Advanced Assurance and Attestation

18. Level 4XX Courses…
Accounting Theory
Selected Issues in Financial Accounting,
Managerial Accounting and Assurance

19. Other Business Courses…
Statistics
Quantitative Methods
Managerial Economics
International Economics
Marketing Management
Managing People
Contract Law and Agency Law
Company Law and Corporate Governance
Financial Instruments, Institutions and Markets
Financial Management
Business Strategy

20. Work Attachment
During third year of study
At least 24 weeks
Must be with an Accredited Training Organisation (ATO),
certified by the Singapore Accountancy Commission
- Currently, we have signed MOUs with 20 ATOs
Specific learning outcomes
- Model closely with the practical experience
requirements of the Singapore Qualification Programme

21. Applied Project
During final year
10 credit units
Research-based project on topics related to accountancy
Report their findings and make recommendations

22. e-
Portfolio
e-
Portfolio
In Summary

23. Questions?

24. Thank You