GenesisOrigo supports students pursuing LCCI qualifications by providing tutoring and tuition assistance. Begin your LCCI journey with us today, and follow a complete pathway to subsequently pursue your ACCA studies and achieve a globally recognized professional qualification. Our team at Genesis Origo consists of highly experienced lecturers in professional accounting qualifications who have helped numerous students complete their ACCA studies.
With your LCCI, you can also secure an entry-level job in accounting and finance, which is ideal for students who want to study part-time while working full-time. Our online study portal is the perfect solution, offering flexibility and convenience for both your LCCI and ACCA studies.
There is no minimum or formal qualification required to start your LCCI studies. You have to be of minimum 16 years of age to register for LCCI examination. You can sit for Level 3 exam directly without taking Level 1 and Level 2 examinations.
Minimum 16 years old for examination. Study age can be started from 13 years old. You can complete the entire level of the LCCI studies in 8 months. Do not worry if you need more time, as our study method is very flexible and you can take a slower pace, especially for part-time students with job commitments or family commitments.
You should start with LCCI Level 2 if you have previous accounting knowledge (such as having taken accounting at SPM/O Level or equivalent) or accounting work experience. If your accounting foundation is weak, we can supplement your knowledge with an LCCI Level 1 Bookkeeping class at a 90% discount if you sign up for our LCCI Level 2 package.
After completing the LCCI Level 2 Diploma, students are eligible to advance to the LCCI Level 3 Diploma. This progression equips them with deeper expertise in accounting and finance, preparing them for entry-level positions such as accounts executive or finance assistant.
The LCCI is a portfolio of work-related modular qualifications designed to provide learners with the targeted and specialised skills and knowledge required to enter and thrive in the workplace. Our qualifications were developed in collaboration with employers and professional bodies to ensure that each qualification provides students with industry-relevant skills.
English for Business (EFB), English Language Skills Assessment (ELSA), JETSET, and Spoken English for Industry and Commerce (SEFIC) exams from LCCI are aligned to the Common European Framework (CEF) and are used as evidence of language proficiency by employers and universities worldwide.
Would you like to obtain an international qualification that is recognised by employers, universities, and professional bodies in the United Kingdom? International qualifications from the London Chamber of Commerce and Industry (LCCI) are taken in over 80 countries, and over 500,000 are awarded globally.
The exams assess professional knowledge of the subject and are administered in English. The required level of English ability for candidates whose first language is not English can be found in each syllabus.
LCCI qualifications are widely regarded by employers as preparing students to carry out the key functions of modern international business. The qualifications are recognised worldwide by employers, universities and professional bodies such as the Association of Chartered Certified Accountants (ACCA). This new and engaging range of qualifications has been developed in collaboration with professional bodies, employers and customers. We have conducted in-depth, independent consultation to ensure that the qualifications develop the breadth and depth of knowledge, skills and understanding that students need to be effective employees, and that the qualifications support progression pathways. LCCI offers a wider range of qualifications; they are available at levels 1 to 4 across the following subject areas:
For Pearson LCCI examinations, appeals of results must be done within 14 days of results release. Students are required to fill up an appeal form and submit to our school to follow-up for processing of their request. An administrative fee for appeal is to be borne by the student. The school will release appeal results not later than eight weeks (for courses administered by external examination board) from the date of appeal, or an enquiry will be raised with the respective examination board.
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LCCI English for Commerce is a written examination which has been designed to test candidates' ability to read, write and communicate in English language in general context of industry and services. The exam is set at three levels of proficiency, aligned to the Common European Framework (CEFR): Level One (A2), Level Two (B1), Level Three (B2).
Studying a language in the country where it is spoken guarantees the fastest progress. By being totally immerged in the natural language environment, students start thinking in the language they learn, which is essential to progress quickly, and finally, to become fluent in a language.
Employers widely regard LCCI qualifications as preparing students to carry out modern international business's key functions. The qualifications are recognised worldwide by employers, universities and professional bodies such as Chartered Certified Accountants (ACCA). This new and engaging range of qualifications has been developed in collaboration with professional bodies, employers and customers. We have conducted in-depth, independent consultation to ensure that the qualifications develop the breadth and depth of knowledge, skills and understanding that students need to be effective employees and that the qualifications support progression pathways. LCCI offers a wider range of qualifications; they are available at levels 1 to 4 across the following subject areas:
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Pearson LCCI level1 certificate in bookkeeping are work related qualification created to give professional learners the skills and knowledge needed to excel in the workplace. This is an international qualification that is highly valued in more than 80 countries across the world. These are supported by extensive learning resources and easy online administration.
The level 1 aims to improve your basic knowledge and skills in a particular subject or job-related area. Education of level1 also helps one to prepares for LCCI level 2. Level 1 helps you to use your learning to complete straightforward routine tasks with direction and guidance.
Bookkeeping usually consists of recording of day to day business transactions in the books of accounts such as ledger and journal. Lcci bookkeeping course Singapore makes a person very capable of doing such routine tasks efficiently. This course makes a person learn the different types of transactions, how to classify them under standard heads, understand the nature of transactions and record the correct transition at correct place.
This is not a work that can be learned by experience as it demands to have professional knowledge. Bookkeeping documents are the rawest form of data that is available to any firm on the basis of which all other books of accounts are prepared. Any mistake at this stage of recording data can prove to be a huge disaster. Henceforth, to avoid such circumstances LCCI bookkeeping course are the perfect solution.
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Introduction
LCCI or The London Chamber of Commerce and Industry has over 100 years of experience in providing trusted and valued business-related qualifications. Employers, universities and other professional bodies internationally recognise the LCCI international qualifications. LCCIs range of courses is designed to deliver the skills essential for success in todays demanding commercial environment. The LCCI winning formula lies in its flexible programme with examination at various levels thus enabling candidates to enter at the most appropriate level for their existing skills. LCCI also offer Diplomas and Group Awards to allow candidates to add to their marketable skills and receive professional status.
Course Learning Outcomes
The new Level 4 Diploma in Accounting and Finance emphasize on professional achievement and progression. It is aimed at helping students who have completed their Level 3 studies to continue to enhance their prospects for employment and further study through additional LCCI International Qualifications.
This Level 4 diploma builds upon the base of knowledge acquired through study at Level 3, increases the depth of study in certain fields and explores new areas of study. The diploma is designed to provide evidence of the same level of learning as would be covered in the first year of a university programme. However as with all LCCI International Qualifications, the constituent units are qualifications in their own right and are business relevant. They will enhance individuals employment prospects and add value to organizations.
The diploma structure consists of three mandatory subject certificates, and two vocationally-related subjects. The core subjects form the context for each Diploma and provide opportunities for students to develop and apply in-depth knowledge, understanding and skills within their chosen area of specialism. The optional subjects provide complementary and relevant learning in to the students chosen Diploma to enhance their breadth of study. The compulsory certificates are Financial Accounting (Level 4), which builds on the knowledge of Accounting gained at Level 3. Applied Business Economics (Level 4), which provides a broad underpinning knowledge of the economic environment in which Accounting is undertaken, and Business Statistics (Level 3) which provides the mathematical component that would be included in the first year of any degree programme (although this unit is at Level 3, the degree of analytical difficulty is still equivalent to what would be studied at university). The optional modules offered include The Legal Environment (Level 4), which is complimentary to the field of accounting, and Business Finance and Banking Operations (Level 4) which develops the candidates skill and knowledge to be able to perform a cost benefit analysis on a range of investment and financing options and make recommendation which support business decision making.
The Level 4 Diploma in Accounting and Finance offers progression from the suite of Level 3 diplomas, and a pathway into higher education and employment. It is especially suited for those who aspire to work in a technical and professional accounting role with management responsibility. The diploma develops the knowledge and skills required by a senior accounting professional who has responsibility for:The daily book-keeping and accounting dutiesThe provision of robust data to support the business in their decision making process
In addition, the Level 4 Diploma has articulation benefits and is designed towards 2nd year entry point to UK universities; such as Manchester Metropolitan University, Middlesex University, and University of Gloucester, within a related degree programme.
Teaching / Learning Methods and Strategies
Trial of Past Year Examination Papers / Assignments / Classroom Face-To-Face Theoretical Explanations
Entry RequirementsPossess knowledge of LCCI Level 3 equivalent in Diploma in Accounting, Accounting courses.
Additional Entry Pre-requisiteMature working adults with practical working experiences in a financial/accounting industry assessed on case-by-case basis
Assessment Information
EXAMINABLE THEORY PAPER (EXTERNAL AWARD BY LONDON CHAMBERS OF COMMERCE & INDUSTRY INTERNATIONAL QUALIFICATIONS, UK) - 3 TIMES / YEAR [MARCH & APRIL (Series 2/On-Demand) / JUNE (Series 3) / NOVEMBER & DECEMBER (Series 4)].
Criteria of Award
Candidates must fulfill at least 75% course attendance requirements by BMCs ACADEMIC and EXAMINATIONS BOARDS to sit for examinations. Level 4 diploma consist of total 5 sub-modules - a pass in 3 mandatory units include Financial Accounting (Level 4), Applied Business Economics (Level 4), and Business Statistics (Level 3) (core units). In addition, a pass in 2 optional modules of The Legal Environment (Level 4) and Award in Business Finance and Banking Operations (Level 4). All 5 modules for combination within 24 months (from first sitting of module passed for examinations).
Final Award
London Chamber of Commerce and Industry (LCCI) Level 4 Diploma in Accounting and Finance.
Module Synopsis
The 5 sub-modules includeFinancial Accounting (IAS) Level 4Applied Business Economics Level 4Business Statistics Level 3The Legal Environment Level 4Award in Business Finance and Banking Operations Level 4
1. Financial Accounting (IAS) Level 4
The Certificate in Financial Accounting Level 4 (IAS) [ASE4902] builds upon candidates ability to prepare and interpret financial accounting statements in accordance with IAS accounting standards and the accounting framework. It develops candidates understanding of the conceptual aspects of financial accounting and of basic auditing. This qualification is suitable for people who intend to work in a senior accounting role.
The aims of this qualification are to enable candidates to develop: an understanding of the basic principles underlying the recording of business transactions; the ability to prepare and interpret accounts for sole-traders, partnerships, non-trading organisations, companies and groups of companies in accordance with basic accounting conventions and current accounting practice; the ability to prepare accounting statements in accordance with accounting standards and the accounting framework; the ability to apply the principles of decision making; the ability to analyse businesses and their performance; an understanding of the conceptual aspects of financial accounts; and an understanding of basic auditing.
Syllabus topics include:Levels 1, 2 and 3 revisitedValuations of inventories and long term contractsCompaniesAccounting for groups of companies and complex issues in company accountingCash flow statements (IAS 7 revisited)Budgetary controlConcepts and accounting frameworksAnalysis of business and opportunities, involving non-numerical techniquesUsers of accountsInvestment accountsAuditing
ASSESSMENT OBJECTIVESDemonstrate an understanding of the more advanced aspects of the LCCI IQ Level 1 Certificate in Book-keeping, Level 2 Certificate in Book-keeping and Accounts and Level 3 Certificate in Accounting (IAS)Demonstrate an understanding of long term contractsPrepare the statutory accounts of companiesDemonstrate an understanding of basic accounting standards (IAS 1, IAS 2, IAS 7, IAS 8, IAS 10, IAS 16, IAS 20, IAS 27, IAS 37 and IFRS 3)Demonstrate an understanding of company amalgamations and reconstructionsDemonstrate an understanding of practical and behavioural aspects of budgetary controlAccount for changing pricesAnalyse businesses by means of techniques such as SWOT and PESTDemonstrate an understanding of users of accounts and their interestsDemonstrate an understanding of investment accountsDemonstrate an understanding of general principles and simple procedures of auditing
NoteFull knowledge is expected of all topics included in the syllabi for the LCCI IQ Level 1 Certificate in Book-keeping, Level 2 Certificate in Book-keeping and Accounts and Level 3 Certificate in Accounting (IAS) examinations.If questions are set covering topics from these earlier syllabi they will be set at a level of difficulty appropriate to a Level 4 examination (see Candidate Answer Guidance).
2. Applied Business Economics Level 4
The Certificate in Applied Business Economics Level 4 [ASE20083] introduces candidates to micro and macro economic theory. This qualification will develop the candidates knowledge of economic concepts and theory that can be applied to business activity. Candidates will understand the market mechanism and its failings, identify market structure, and will understand costs, revenues and profits. They will be able to analyse the effect of different market structures on price, output and efficiency. Candidates will also analyse macro economic activity, government macro-objectives and the policies that can be implemented to achieve these objectives. This qualification is suitable for people who wish to work in a role which requires a significant level of business decision making, progress into higher education, or as part of their own continuous professional development.
Syllabus topics include:The basic economic problem and different economic systemsThe ways in which markets operateCosts and revenues and profits in the short and long runMarket structuresMacro - economic objectivesInternational trade
ASSESSMENT OBJECTIVESUnderstand the basic economic problem and the advantages and disadvantages of different economic systemsBe able to analyse the ways in which markets operate and how markets failBe able to analyse costs, revenues and profits in the short and long runKnow the different market structures in which businesses operateBe able to assess the main elements of macroeconomicsUnderstand issues relating to international trade
3. Business Statistics Level 3
The Certificate in Business Statistics Level 3 [ASE3009] develops candidates basic knowledge and understanding of quantitative data and statistical techniques, and the use of formulae to solve business problems. It is suitable for people working or intending to work in a finance-related role, or those that want to develop these skills for academic progression to more advanced administrative, business and management qualifications, including LCCI IQ Level 3 and 4 Diplomas.
Syllabus topics includeQuantitative Information such as Graphical Presentation, Survey Methodology, and Use of Computers in Business StatisticsDescriptive Statistics such as Measures of Location and Dispersion - grouped data and ungrouped data, Measures of Skewness, Coefficient of Variation, and Index numbersForecasting such as Correlation and Regression, and Time seriesUncertainty such as Probability, and Normal distributionStistical Inference such as Procedure for Significance Tests, Type I and Type II errors, Significance Tests and Confidence Intervals (n>30, n
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