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1e4 tss storyboard
1. Advanced Elective Module : Accounting Storyboard A Course available to Secondary Three Express and Normal Academic Students
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8. Content/Syllabus A INTRODUCTION TO FORMATION OF COMPANY 1 Understanding the company formation process 1.1 Explain the nature of companies. 1.2 Explain and simulate the process of company incorporation in Singapore
9. Content/Syllabus B INTRODUCTION TO FINANCIAL ACCOUNTING 2 Understand the basic concepts of accounting 2.1 Explain the functions of accounting and the accounting process 2.2 State and explain the components of the Accounting Equation and the Profit and Loss account 2.3 Explain the Double entry concept.
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12. Content/Syllabus C ACCOUNTING FOR CASH 3 Understand and apply concepts and procedures to account for cash 3.1 Demonstrate the mechanism of the petty cash imprest system. Journalise entries for advances, reimbursements and cash excess and shortages in Real Time Accounting software. 3.2 Prepare bank reconciliations using the Realtimme accounting software.
13. Content/Syllabus D CORRECTION OF ERRORS 4 Understand the nature of error occurrences in accounting records and how to correct these errors. 4.1 Describe the types of errors that can arise in the recording of transactions and prepare journals to correct these. 4.2 Administer corrections of such errors in the Realtimme accounting software system.
14. Content/Syllabus E PROFIT AND LOSS STATEMENT AND BALANCE SHEET 5 Understand the importance of the profit and loss statement and balance sheet to business, and how to prepare these statements 5.1 Explain the interpretation of the profit and loss figures. 5.2 Explain how the profit and loss account linked to the balance sheet. 5.3 Generate the final balance sheet using the Realtimme accounting software system and interpret the figures to make business decisions
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16. Credits by : Leaders: Germaine Ho & Lim Li Xuan Members: Peggie Ho, Gelsel Chen, Eunice Low & Victor Toh Sec 1E4 Tanglin Secondary School
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