Elevate your Career with Our Accounting Course
Acquire the skill and knowledge to effectively maintain and update company accounting records on a cloud-based accounting software like XERO.
Accounting Course Details
Effective Application of Accounting Standards with Xero
TGS-2024041843
You will learn the skills to effectively apply the requirements of relevant financial reporting framework. To achieve the objectives of financial reporting in their maintenance and updating of company accounting records on a cloud-based accounting software like Xero.
Course Fee & Government Subsidies
Course Outline
At the end of course, learners will be able to:
Explain the key tenets of Singapore’s regulatory framework for financial reporting to all organisation types
Apply understanding of the Financial Reporting Standards (FRS) in setting up and operationalising a cloud-based accounting system for their organisation
Apply understanding of the FRS to correctly and accurately input and record all transactions made by their organisation
Generate and review various reports to check for any significant accounting issues and ensure compliance to regulatory requirements
Utilise various avenues to keep up-to-date with changes in prevailing accounting standards
Upcoming Course Schedule
- 2 - 3 Oct (Wed to Thu)
- Woods Square (SOLO 1)
- 9am - 6pm
- 9 - 10 Oct (Wed to Thu)
- Woods Square (SOLO 1)
- 9am - 6pm
- 12 - 13 Oct (Sat to Sun)
- Woods Square (SOLO 1)
- 9am - 6pm
- 16 - 17 Oct (Wed to Thu)
- Woods Square (SOLO 1)
- 9am - 6pm
- 23 - 24 Oct (Wed to Thu)
- Maxwell (The URA Centre)
- 9am - 6pm
- 2 - 3 Nov (Sat to Sun)
- Woods Square (SOLO 1)
- 9am - 6pm
- 6 - 7 Nov (Wed to Thu)
- Woods Square (SOLO 1)
- 9am - 6pm
- 20 - 21 Nov (Wed to Thu)
- Woods Square (SOLO 1)
- 9am - 6pm
- 27 - 28 Nov (Wed to Thu)
- Woods Square (SOLO 1)
- 9am - 6pm
6 Reasons to Learn Accounting with WLP Academy
Comprehensive Curriculum
Our curriculums are meticulously designed to equip you with essential skills and tools for success. Whether it’s accounting, digital marketing, or cybersecurity, our programs are comprehensive.
Experienced Instructors
Our courses are led by seasoned industry professionals with extensive experience. They offer practical insights and real-world knowledge in every class.
Proven Track Record
We have empowered many individuals to transform their careers and achieve their professional aspirations. Our alumni have secured positions at leading companies.
Supportive Community
Join a dynamic community of learners and professionals. Engage with peers, receive mentorship, and collaborate on meaningful projects.
Positive Results
Our graduates experience tangible benefits, including notable salary increases and career advancements.
Certificate of Completion
Candidates who meet the course requirements, maintain a minimum attendance of 75%, and show competence in the assessments will receive a Certificate of Completion from WLP Academy, as well as distinguished WSQ Statement of Attainment.
FAQs about how to use Xero Software
Xero training teaches how to use Xero. We begin with easy steps like adding entries and setting expense categories. Then we move to harder tasks like handling asset depreciation.
Before we touch on Xero, our teachers explain basic accounting. You need to know accounting to use Xero. For instance, you should understand terms like “fixed asset” or how to label an R&D expense.
For instance, if a machine costs $5,000 and lasts 5 years and can be sold for $1,000 after 4 years, then yearly depreciation is ($5,000 – $1,000) / 5, or $800. This means you reduce its value by $800 every year.
Many Xero courses don’t discuss basic concepts like depreciation. But we believe understanding these basics prevents errors. So, in our Xero training, we emphasize learning accounting.
If an experienced accountant doesn’t learn Xero, they might lose their job. It’s like a banker not knowing how to use Excel; you need it to make financial predictions.
Most Singapore businesses use Xero. But many companies don’t offer training on it. So, not knowing Xero can make it hard to get an accountant job in Singapore.
Students who finish our course and pass get a certificate. This certificate shows you finished WLP Academy’s Xero training. It proves to employers you know how to use this business software.
WLP Academy’s Xero course doesn’t need prior knowledge. But learning basic accounting first is helpful. Business or accounting graduates are already set.
By the end of WLP Academy’s Xero accounting training, you should know: How to add and remove entries in Xero.
Understanding how to use Xero is essential for companies now. It’s a program that makes daily accounting tasks automatic. This lets you spend more time on important things.
Xero software training is for accountants and bookkeepers that are looking to re-train and keep up-to-date with technology systems in the accounting industry.
You must have an internet connection to use Xero because it’s online. It’s different from Excel, which works offline.
Xero is compatible with the following browsers: Microsoft Edge, Google Chrome, Safari, Mozilla Firefox, Internet Explorer 11.
It certainly would. Xero training is designed to cover the following sectors: Retail, Construction, Information & Technology, Wholesale, Import and Export Business, Law firms.
Yes, they do the same job! Xero and Quickbooks are both for small business accounting.
Janice Johnson
Janice is an accountant at WLP Group and 4 years of experience with using Xero to help SMEs in Singapore with bookkeeping. She loves teaching and learning new technologies in finance. She’ll be one of the instructors that help you learn Xero!