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LCCI-Level-3-Book-Keeping-Accounts

Bookkeeping 3-day or LCCI Certification Course

If you are considering taking a Bookkeeping 3-day course or LCCI Certificate training, kindly read through the clarification and comparison below to see the differences between these two courses (Target students, Prerequisites, Exam, Certificates, etc). Any more questions, feel free to reach out us.






General information:

The Bookkeeping/Accounting 3-day course

This is a practical crash course to prepare working adultsto understanding accounting in working environment. This is suitable for working adults who need to acquire basis accounting skill to handle day to day accounting needs. This is also suitable for small business owners who want to understand accounting and understand accounting system need of a company. If you are to to explore what is Bookkeeping or want to know basic Accounting concepts before processing with an Accounting software training, it will also be a suitable course. Upon you complete the course, you will get a certificate of attendance issued by our center, no exam is required.

Preparatory course for LCCI Level Certificate

LCCI are work-related qualifications created to give learners the skills and knowledge needed to enter and thrive in the workplace. If you take and pass the LCCI exam, you will get an internationally recognized certificate from London Chamber of Commerce and Industry. (The organization was founded in 1881 and is the capital’s largest independent networking and business support organisation. LCCI is an accredited chamber of British Chambers of Commerce, the UK’s most representative business network, with accredited chambers in every locality in the UK).

LCCI Certificate training

This is a more academic approach to build foundation to move to examination to obtain certification and move to level two and to level three. Thus, it is definitely suitable for those who wished to move into accountancy as their career. This level will allow students to master strong accounting entry and double entry foundation with errors and adjustments at financial year end. Students will be trained in handling two  financial statements – Statement of Profit and Loss and Statement of Financial Position. Our LCCI courses focus on preparing for LCCI Certificate Exams. This is an in-depth course and it’s advisable if you are looking for an accounting job or if you are business owner managing Bookkeeping task yourself. Inspizone is having 3 levels for this course.

LCCI Level 1 course: Give you an introduction, basic knowledge about Bookkeeping as well as spend time to practice with exam questions to prepare for the LCCI level 1 exam.

LCCI Level 2 & 3 courses: Are advanced courses, providing you with more in-depth knowledge. If you are looking for an Accounting job, it’s advisable to have a LCCI certificate level 2 or higher.

Comparison table

Comparison NON-WSQ Bookkeeping, WSQ Bookkeeping and LCCI Level 1
NON-WSQ BOOKKEEPING WSQ (*) Bookkeeping LCCI level 1
Content Bookkeeping fundamental Bookkeeping fundamental + WSQ Exam practice Bookkeeping fundamental + LCCI Exam practice
Orientation Non-Exam Course WSQ Exam LCCI Exam
Course outline Non-WSQ Bookkeeping Outline WSQ Bookkeeping Outline LCCI Level 1 Outline
Prerequisite Above 16 years old
High School Level English
Basic internet & computer operation skills		 Above 21 years old with High School Level English
Basic internet & computer operation skills		 Above 16 years old
High School Level English
Basic internet & computer operation skills
Duration & Timing 03 days (9:30-5:30) 03 days (9:00-6:00) 4 weeks.
Weekday: 7-10 pm, twice a week
or Weekend: 930-430, once a week on Sat OR Sun
Schedule Non-WSQ Bookkeeping Schedule WSQ Bookkeeping Schedule LCCI Level 1 Schedule
Fee (bef GST & Subsidy) $485 $695 $450
Funding/ Subsidy applicable For individual self-sponsor:
_ Skillsfuture Credit (Excep Mid-Career Credit)
_ UTAP Funding

For company-sponor:
_ Skills Development Funding – For SGs and PRs

 For individual self-sponsor:
_ WSQ subsidy
_ Skillsfuture Credit (Excep Mid-Career Credit)

For company-sponsor:
_ WSQ subsidy

 For individual self-sponsor:
_ Skillsfuture Credit (Excep Mid-Career Credit)

For company-sponsor:
_ Skills Development Funding
How much the funding/subsidy cover? For individual self-sponsor
_ Skillsfuture Credit (Excep Mid-Career Credit) – For SGs only: 100% claimable if have enough Skillsfuture Credit balance
_ UTAP Funding for NTUC member: 50% of *unfunded* course fee

For company-sponsor:
_ Skills Development Funding – For SGs and PRs: $2/hour

 For individual self-sponsor
_ WSQ subsidy:
SGs and PRs ≥ 21 years old: Up to 50% of course fees
SGs aged ≥ 40 years old: Up to 70% of course fees
For SGs, the remaining fee after WSQ subsidy can be offset by Skillsfuture Credi (Except Mid-Career Credit)

For company-sponsor:
_ For NON-SME:
SGs and PRs ≥ 21 years old: Up to 50% of course fees
SGs aged ≥ 40 years old: Up to 70% of course fees
_ For SME: SGs and PRs ≥ 21 years old: Up to 70% of course fees

 For individual self-sponsor
_ Skillsfuture Credit (Excep Mid-Career Credit) – For SCs only: 100% claimable if have enough Skillsfuture Credit balance

For company-sponsor:
_ Skills Development Funding – For SGs and PRs: $2/hour
Attendance & exam requirements Min of 75% attendance is required for funding.
No exam is required		 Full attendance & Passing exam is required for subsidy Min of 75% attendance is required
Exam is optional
Exam schedule & Format NA Exam schedule: Day 3 of the course – afternoon
Exam format:
Written Assessment – Short Answer Question (WA-SAQ): 1 hour
Practical Performance: 1 hour		 Exam schedule: There are a few exam batches each year, kindly check via: https://www.iablcci.org.uk/exam-info/
Exam format: Short answer + Practical + MCQ
Certificate A certificate of achievement (Issued by us – Inspizone Pte Ltd). 1. A certificate of achievement (Issued by us – Inspizone Pte Ltd).
2. A Statement of Attainment (SOA) by WSQ (If you passed exam).		 1. A certificate of achievement (Issued by us – Inspizone Pte Ltd).
2. LCCI certificate issued by LCCI organization IAB (*) (If pass LCCI exam) (Exam fee is $320/pax/exam bef GST)
Other information (*) WSQ stands for Singapore Workforce Skills Qualifications.
It’s a part of Skillsfuture Singapore.
You can refer to the below website for more details: https://www.skillsfuture.gov.sg/wsq		 (*) For more info about IAB, kindly visit: https://www.iablcci.org.uk/exam-info/

Looking for an accounting job?

Check out our essential course list

1. Introduction to Accounting/ Bookkeeping

Bookkeeping/Accounting 3-day course

2. Have a good knowledge of Corporate Tax Singapore

Corporate Tax Singapore 3-day course

3. Equip yourself with one of the most popular accounting software in Singapore

Quickbooks 1-day training

Xero -day course

MYOB 3-day Master class

4. Getting an international recognized Accounting Certificate

LCCI Level 1 Bookkeeping Training (4 weeks)

LCCI Level 2 Bookkeeping & Accountings (8 weeks)