Singapore Secondary 4 School Syllabus - Principles of Accounting (G2, G3)

Course Overview

Principles of Accounting (POA) is an elective subject offered to Secondary 4 students in the Express and Normal (Academic) streams. The syllabus aims to equip students with fundamental accounting knowledge and skills, enabling them to prepare, interpret, and utilize accounting information for decision-making in business contexts. The curriculum emphasizes practical application and understanding of core accounting principles.

Key Topics Covered:

• Introduction to Accounting: This section introduces the basic concepts of accounting, its role in business, and the different types of accounting information.
• Accounting Information System: Students learn about the process of recording, classifying, and summarizing financial transactions.
• Elements of Financial Statements: This topic covers the components of key financial statements, including the balance sheet, income statement, and cash flow statement.
• Double-Entry Recording: Students learn the fundamental principles of double-entry bookkeeping, which forms the basis of accounting systems.
• Source Documents and Journals: This section introduces the various source documents used in accounting and how they are recorded in journals.
• Trial Balance: Students learn how to prepare a trial balance to ensure the accuracy of accounting records.
• Cash Book and Petty Cash Book: This topic covers the recording and management of cash transactions.
• Bank Reconciliation: Students learn how to reconcile bank statements with company records.

Assessment:

The Principles of Accounting syllabus is assessed through national examinations, which may include both theoretical and practical components.

Subject Combinations:

POA is often taken in combination with other subjects like English, Mother Tongue, Mathematics, and Science. Students can choose different subject combinations based on their interests and strengths.