Preparatory Course for the LCCI Bookkeeping & Accounting Examinations

Pearson LCCI


The Hong Kong Management Association is organizing a part-time preparatory course for the LCCI Bookkeeping and Accounting Examinations. Participants are required to take an internal examination for each subject at the end of the course. Those who pass the internal examination will be awarded a single subject certificate by the HKMA.


Information on LCCI Examinations
1. Levels: Examinations are conduced at three levels; namely first level, second level and third level.
2. Entry Requirements: There are no specific entry requirements for bookkeeping and accounting examinations.
3. Entry Form Distribution Points (for Private Candidates):
Private candidates who wish to register for LCCI examinations should make registration to Pearson LCCI HK office within a specified registration period. Entry Form can also be downloaded from the LCCI website: http://lcciasia.com/content.php?id=38&lang=1

Bookkeeping (LCCI Level 1)
Objectives:
This course is designed to prepare participants for the LCCI Level 1 Certificate in Bookkeeping Examination. The examination is suitable for candidates who work or wish to work in areas of business that will involve the maintaining of business records, using books of original entry, double-entry bookkeeping and the recording of financial transactions.

Designed for:
Those who are interested in the subject and preferably Secondary Four or above

Contents
The Accounting Equation
Double-entry bookkeeping
Books of Original Entry
Bank Transactions
Calculation of Payroll using Time Rates and Incentive Schemes
Payroll Deductions
Calculation of Wages
Accounting for Payroll
The Purpose and Preparation of Control Accounts
Account for Depreciation Costs
Adjustments for Accruals and Prepayments
Adjustments for Irrecoverable Debts
Accounting Concepts
Prepare the Financial Statements
Bookkeeping & Accounting (LCCI Level 2)
Objective:
This course is designed to prepare participants for the LCCI Level 2 Certificate in Bookkeeping & Accounting examination. The examination is suitable for candidates who are working, or are preparing to work in an accounting environment maintaining financial records and preparing accounts.

Designed for:
Those who have completed Bookkeeping (LCCI Level 1) or equivalent

Contents:
The Principles of Double-entry Accounting
The Preparation of Control Accounts
Reconciliation of Control Accounts
Correction of Errors not affecting the Trial Balance
The Journal
Accounting Concepts
Accounting for Depreciation
Accounting for Irrecoverable Debts and Allowance for Doubtful Debts
Accounting for Accruals and Prepayments
Partnerships
Limited Liability Companies
Incomplete records of a Sole Trader
Manufacturing Businesses
Non-profit Making Organizations
The Calculation and Interpretation of Accounting Ratios
Accounting (LCCI Level 3)
Objective:
This course is designed to prepare participants for the LCCI Level 3 Certificate in Accounting examination. This examination is suitable for candidates who work or wish to work in an advanced area of accountancy.

Designed for:
Those who have completed Bookkeeping & Accounting (LCCI Level 2) or equivalent.

Contents:
The Financial Accounting Function
Types of Business Organizations
How Financial Statements Contribute towards meeting the Needs of Different Stakeholders and Users
Introduction to Ethical Behavior in Accounting Practices
Account for Inventory
Account for Tangible and Intangible Non-current Assets
Account for Depreciation
The Preparation of the Extended Trial Balance
Partnerships
Limited Liability Companies
Accounting for Groups of Companies
Preparation of Accounting records from Incomplete Records
The Calculation and Interpretation of Accounting Ratios
Budgets
Short-term Decision Making
Long-term Decision Making

Tuition Fee
Preparatory Programme Bookkeeping
(LCCI Level 1)
Bookkeeping & Accounting
(LCCI Level 2)
Accounting
(LCCI Level 3)
HK$ HK$1,380* HK$1,930* HK$2,350*
*All tuition fees do not include examination fees for professional examinations.

Advancement Path
Master of Business Administration, MBA Reg.252455* (Assessed-in Chinese / English, 18 months)
Glyndwr University, UK

MBA (International Business) Reg.252208* (18 months)
University of Greenwich, UK
HKIAAT Diploma in Accounting Studies &

Preparatory Course for the LCCI Bookkeeping & Accounting Examinations

*Admission is on a competitive and individual basis entirely at the discretion of the respective universities. Admission criteria and procedures are set by them and are subject to change without prior notice. The Association does not give any warranty and will not accept any liability regarding the above. It is a matter of discretion for individual employers to recognize any qualification to which these courses may lead.


Language Medium

Cantonese (supplemented with English) ,handouts in English.


Enquiries

Mr Perry Wong: 2448 5111
Ms Winnie Sit: 2448 5112
Email: tsw@hkma.org.hk
Fax: 2774 8503

General Enquiry Hotline:
2774 8500 OR 2774 8501