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Principle of accounting
Accounting is the information system that measures business activity, processes the information into reports, and communicates the result to decision makers. It is 'the language of business'. Study accounting is not only crucial for the examination, it also equip him/her a skill and knowledge to be a business decision maker.

Many parents feel that Principle of Accounts (POA) is just another Math subject. However, POA isn’t about simple calculations, it involve many complex concepts and theories.

For those who are unaware of this, they tend to take the subject for granted, believing that it will be easy to pass without much practice. However, by not being able to identify and grasp the concepts in POA, students can easily fall behind in class. Hence, as a parent, you shouldn’t take that risk. Instead, you should avoid it by hiring a qualified home tutor to assist your child ASAP.

POA is a subject that is often underestimated. Although there is a Mathematics component to it, there are still many additional components that students tend to overlook. Therefore, if you want to see your child ace in the subject, start them out early through home tuition.

From my experience, many parents only realised the need for their child to have tuition in POA during the late September (which is a bit too late to help). POA tutors are in high demand in Singapore, due to the relatively low supply of qualified accountant becoming a tutor. Do consider enrol your child to the tuition/ lession early in the year. If you’ve waited until September/October, chances are there will be very little time to prepare for the examination and very few POA tutors are willingly to take the risk.

Give your child an academic headstart today.

Topics include: Accounting Equation, Double-entry, Special Journals, Cash Book and Petty Cash Book, Bank Reconciliation, Trial Balance, Income Statement and Balance Sheet, Accruals and Prepayments, Inventory, Non-current Assets, Trade Receivables/Payables and Long Term Borrowing, Control Accounts, Correction of Errors, Incomplete records, Business Entities, Financial Statement Analysis

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