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Principles of Accounts - POA Tuition Singapore

What is POA - Principles of Accounting?

Principles of Accounting (POA) refers to the broad underlying concepts which guide accountants when preparing financial statements. It is the accepted Accounting Principles (GAAP).

What is Accounting Principles?

Accounting principles are the common rules that must be followed when preparing financial statements that will be distributed to people outside of the organization.
It includes the basic underlying guidelines and assumptions, that is, the cost principle, matching principle, full disclosure principle, revenue recognition principle, industry-specific regulatory rules, conservatism, consistency and materiality.
In USA, it includes the detailed rules that are established and maintained by the Financial Accounting Standards Board (FASB).

POA Tuition in Singapore

Principles of Accounts (POA) is a subject was introduced to Secondary School for a 2 years study and preparation for O-level exams. Schools that offer POA to students who wish to build a career which would offer them a better and brighter future as an Accountant or Auditor.
Many young girl-students prefer this subject POA then other subjects. By the time, they completed the O-level, it is the best time to enroll for Poly Diploma in Accountancy that the next level leads to ACCA.
With a Poly Diploma in Accountancy, they can enroll into University or any private University or Institutions for ACCA, Financial Accounting, Principle of Banking, CPA course.

POA - Principles of Accounts Syllabus Code 7175

 
Topics
 
Topics
1)
Introduction to Principle of Accounts
6)
Cash Book
2)
POA - Accounting Concepts
7)
Bank Reconciliation
3)
Source of Documents
8)
Petty Cash Book
4)
Books of Original Entry
9)
Correction of Errors
5)
Trial Balance
10)
Depreciation

1. GCE O-level POA Tuition - Principles of Accounts

1.1] Candidates from Express or Normal Academic Stream Students in Singapore Government Schools
1.2] Exam in November
1.3] Structured Questions Only

The following are in the latest Syllabus:-

a]. Use of Columnar Format instead of T Account Format
b]. Inventory Account to replace Purchase and Purchase Returns Account (Perpetual Stock System)
c]. Impairment Loss on Trade Receivables to replace Bad Debts
d]. Allowance on Impairment Loss of Trade Receivables to replace Provision of doubtful debt.

2. Cambridge IGCSE POA Accounting

2.1] Candidates are Students from Private and International Schools (overseas).
2.2] Exam in June and November of each year
2.3] Multiple Choice and Structured Questions
All two syllabuses which emphasized greatly on Financial Accounting. There are almost identical and regarded to be of the same standard.

Usefulness and Limitations of Accounting Information

Accounting information is mainly about past activities:
a) It is historical in nature.
b) It is being used to predict certain matters for future planning.
c) It does not capture non-financial information of:
(i) Environment in which the business operates.
(ii) Level of technology and software used.
(iii) How capable and skilful the staffs and employees in the organisations.

Benefits to both brilliant and weak students

Given extra care and attention from the POA tutor which is helpful in imparting the knowledge and the student is free to ask questions to clear the doubt and learning. In class-room condition, the student may be shy to ask question because some classmates may laugh at him. With the private home tuition, the student is more comfortable to ask question and the tutor can explain in details with example and pictorial drawing. In this situation, the student can get maximum benefits from home poa tutor. Everything we know, we learned from someone else.
Since you are looking for a good POA tutor at this website, we encourage you to put in your Request-Tutor-Form.
Let your child experience the dreaming of his or her educational success.
Don’t wait. Start requesting for a POA tutor today. Call us or What'sApp to: 9385-5548.

Singapore Tuition Rates. This is a guide. We reserved the rights to change at any time.

Student Level
Undergradute
Full-Time (Degree)
Current Teacher
IP3 (Sec3) yr9 $38 - 50 $45 - 70 $80 - 100
IP4 (Sec4) yr10 $38 - 50 $50 - 70 $85 - 100
IP5 (JC-1) yr11 $40 - 50 $55 - 70 $90 - 110
IP6 (JC-2) yr12 $40 - 50 $60 - 70 $90 - 120
Student Level
Degree Holder
Uni Lecturer
PhD Lecturer
Poly $65 - 80 $70 - 85 $70 - 85
University $70 - 85 $80 - 100 $80 - 100

Request for Private POA Tutor

To engage a private poa tutor, please submit the "Request-Tutor-Form" or Call us : Mobile: 9385-5548 for Assistance. We also accept voicemail, texts, What'sApp, if you want us to call you. We will find a suitable private poa tutor for you, as per your Request-Form. Feel free to browse the links on this site for more information.
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