Preparatory Course for Singapore CA Qualification (Foundation)

The Singapore CA Qualification (Foundation) covers a set of six core syllabus areas: Singapore Taxation (TXF), Principles of Financial Reporting (PFF), Accounting for Decision Making (ADF), Financial Management (FMF), Assurance (ASF), Advanced Financial Reporting (AFF).

Ngee Ann Polytechnic is a Registered Learning Organisation (RLO) with the Institute of Singapore Chartered Accountants (ISCA) since Jan 2019.

Learning Outcomes:

This preparatory course allows participants with a local diploma or accredited degree to pursue the ISCA Chartered Accountant Qualification to the Singapore Chartered Accountant (CA) Qualification through the Foundation programme. This provides basic technical knowledge and skills for inquiry, abstract logical thinking, critical analysis, appropriate communication, and personal and interpersonal skills required for the accounting profession.

Lesson Plan: Preparatory Course for Singapore CA Qualification (Foundation):

• Module
• Singapore Taxation (TGS-2019507841)
• The Singapore Taxation module equips participants with the core knowledge of the underlying principles and major technical areas of taxation through a variety of business and personal scenarios and situations. Upon completion of this module, participants should be able to compute tax liabilities, explain the basis of their calculations, apply ethical tax-planning techniques for individuals and companies, and identify the compliance issues for each major tax type.
• Module
• Principles of Financial Reporting (TGS-2019507844)
• The Principles of Financial Reporting module provides participants with knowledge of the Conceptual Framework and the Singapore Financial Reporting Standards (SFRS) to produce a complete set of financial statements for single entities, including basic notes to the accounts. Participants will also be able to explain and advise on the application of the SFRS, demonstrating appropriate professional judgment. The Principles of Financial Reporting module provides foundation accounting knowledge for the Advanced Financial Reporting module and the Assurance module.
• Module
• Accounting for Decision Making (TGS-2019507842)
• The Accounting for Decision Making module develops cost accounting techniques for planning, control, and decision-making. The key focus is on analysis of relevant information for decision-making by management. Upon successful completion of this module, participants will have gained practical knowledge through the application of various strategic management accounting tools and techniques.
• Module
• Financial Management (TGS-2019507843)
• Upon completion of the Financial Management module, participants will be equipped with the skills expected of an aspiring finance manager. Starting with the environment and scope of finance, the module will delve into working capital management through active analysis of current assets and current liabilities. The firm’s cost of capital, through debt and equity sources, and other business finance issues will also be explored. Participants will then be exposed to different investment appraisal techniques and business valuation models to arm them with the knowledge to price financial instruments and businesses. Finally, the module will conclude with key risk-management elements, such as operational, market, reputation, and strategic risk concepts.
• Module
• Advanced Financial Reporting (TGS-2019507839)
• The Advanced Financial Reporting module builds upon the knowledge and skills studied in the Principles of Financial Reporting module. Upon successful completion of this module, participants will be able to demonstrate sound knowledge of and apply the Conceptual Framework and the Singapore Financial Reporting Standards (SFRS) to produce a complete set of financial statements for single entities and simple groups, including basic notes to the accounts. Participants will also be able to explain and advise on the application of the SFRS, including the appropriate treatment and disclosure of hedge accounting, demonstrating appropriate professional judgment.
• Module
• Assurance (TGS-2019507840)
• Upon completion of the Assurance module, participants will understand the nature, purpose, and scope of assurance engagements. Participants will also be able to demonstrate how an auditor obtains an understanding of the entity, plans and performs audit procedures, collects and documents evidence, and presents reports for statutory audits in accordance with the Singapore Standards on Auditing and Code of Professional Conduct and Ethics.

Entry Requirements:

• A Diploma in any discipline from a local polytechnic.
• Graduates from the following diploma courses are granted two module exemptions i.e. Principles of Financial Reporting & Singapore Taxation.
• Diploma in Accountancy & Finance from Nanyang Polytechnic
• Diploma in Accountancy from Ngee Ann Polytechnic
• Diploma in Accountancy from Singapore Polytechnic
• Diploma in Accounting & Finance from Temasek Polytechnic
• Diploma in Business Practice (Accounting) from Nanyang Polytechnic
• Diploma in Business Practice (Accounting) from Singapore Polytechnic
• The Advanced Diploma in Accountancy requires students to sit for the Singapore CA Foundation Program examination to complete the 6 academic modules every June and December.
• The candidature and exam registration fees to the Institute of Chartered Accountants (ISCA) and the course fees charged by NP for the first attempt will be reimbursed by the ATO employer.