Advanced Diploma in Accounting and Finance

The Advanced Diploma in Accounting and Finance has been developed as a progression route for students aiming for a Higher Education qualification in the subject area, and/or for students aiming for a career in business and management.

Advanced Diploma in Accounting and Finance

Key Facts

  • Duration: 8 months (full-time), 12 months (part-time)
  • Intake dates: Start in January, March, May, July, September, November (full-time) / January, April, July, October (part-time)
  • Delivery Mode:
    • Live Online
    • On campus
  • Fees: SGD $6,649.00 (local students) / SGD $9,083.33 (international students/international progression) (Prices inclusive of GST)

The aim of the Advanced Diploma in Accounting and Finance is to provide students with the opportunity to further develop accounting and business studies knowledge based on practical skills gained through successful completion of the LSBF Diploma in Accounting and Finance. Holders of the Advanced Diploma will be able to demonstrate detailed knowledge and critical understanding of the major theories in business and management, and of the way in which those theories have developed.

The Advanced Diploma in Accounting and Finance aims to provide students:

  • To develop students’ competence and practical skills in accounting and finance.
  • To lay the foundation for future pathway and continuing professional development.
  • To provide students with the relevant knowledge and understanding of accounting and finance as it relates to the wider business context.
  • The knowledge and skills that will enable them to follow a career in all areas of accounting and a wide range of careers in business and finance.

On successful completion of this programme, students should be able to:

  • Demonstrate relevant accounting and finance knowledge and understanding of organisations, the external environment in which they operate and how they are managed.
  • Demonstrate proficiency in quantitative methods and computing techniques and know how to use these techniques and methods effectively across a range of problems.
  • Interpret financial data and carry out statistical and financial analysis.
  • Demonstrate understanding of ethical and regulatory requirements and issues.
  • Effectively communicate information, arguments and analysis in a variety of forms to specialist and non-specialist audiences, including use of a range of media which are widely used in business such as the preparation and presentation of business reports.
  • Demonstrate cognitive skills of critical thinking, analysis and synthesis.
  • Demonstrate effective problem solving and decision making using appropriate quantitative and qualitative skills including identifying, formulating and solving business problems.
  • Undertake further training, develop existing skills and acquire new competences that will enable them to assume significant responsibility within organisations.

Lectures, Tutorial, Seminars, Workshops, Case study and Exercises, Class Discussion

International Students: 90%
Local, PR, non-student pass: 75%

Assignment/Class test: 50%

Final Exam: 50%

Student must achieve an overall passing grade of 40%. If students fail to achieve an overall passing grade of 40%, students will be permitted one retake attempt in each failed assessment and failure of this retake will require students to re-module the failed module(s) again in full prior to additional retake attempt.

Students must complete and pass all required modules in this course to receive a Advanced Diploma in Accounting and Finance certification.

Students who are for any reason unable to complete the Diploma and who have successfully passed a minimum of 4 modules are eligible for an Exit Award of a Diploma in Accounting and Finance.


Minimum Age: 19

Local students shall possess one of the following:

  • LSBF Diploma in Accounting and Finance
  • Local Polytechnic Diploma in a relevant field

International students shall possess one of the following:

  • LSBF Diploma in Accounting and Finance
  • Equivalent Local Polytechnic Diploma in a relevant field in respective home countries in English medium


Both local and international students MUST fulfil the minimum English language entry requirement of one of the following :

  • Achieved grade C6 or better in English language in GCE O level
  • Pass in English Language in Year 10 High School qualification or equivalent
  • IELTS 5.5/TOEFL 550
  • Completed LSBF Preparatory Course in English Upper Intermediate Level

Students with non-standard entry requirements (e.g. other PEI qualification, lack of equivalent Year 12 in home country, LSBF Diploma in other discipline, etc) will be assessed on a case by case basis subject to approval of the Academic Board.

Full-time students attend three hours per day plus directed/independent study for a period of 8 months from Monday to Friday. (Total 39 hours of directed study; 30 hours Synchronous and 9 hours Asynchronous)

Part-time students attend three-hour lessons, two nights a week for a period of 12 months. (Total 36 hours of directed study; 24 hours Synchronous and 12 hours Asynchronous)


This module introduces the student to the theory and practice of strategic management, and the holistic way in which it draws upon a wide variety of managerial functions in its creation. It will provide students with an understanding of the key concepts, theories and process integral to the strategic management of organisations.

This module aims to develop students’ knowledge and understanding of aspects of accounting and auditing represented in professional practice in public accounting firms. Specifically the module aims to provide students with an understanding of ethical reasoning as applied to issues in professional practice and business. Develop awareness of aspects of the development of the accounting profession.

The primary aim is to extend students’ understanding of the theories, techniques and practices of management and cost accounting. This module will familiarise students with both the theoretical role and purposes of management accounting and with all the major aspects of management accounting practice and will enable them to better understand the various techniques, and issues surrounding them, by which accountants provide useful information to assist managers with the activities of planning, controlling, decision-making and performance measurement and management within organisations.

This module further develops students understanding of the principles and practices of financial accounting, so that they can appreciate the contribution it makes to the effective operation of a business. The module provides students with the knowledge and skills to help them apply current accounting standards, and critically appraise the underlying concepts and financial reporting methods. Provides an introduction to Corporate Governance.

This module will provide students with the general knowledge and understanding of the fundamentals of business law in Singapore. It covers major topics discussed in business law courses providing clear examples and simplified cases. The module contains many practical points and common clauses when drafting a contract.

The study of Corporate Finance is to equip students with a working knowledge of the financial environment. Students will learn the tools and concepts needed for making financial decisions. The course addresses the three main areas of Corporate Finance, namely, what long-term investments a corporation should take on; how should it finance its investments; and how should a corporation manage its everyday financial activities.

The module will cover the Singapore Income Tax System as it applies to individual employees, investment income and business income. The module is structured to provide an excellent foundation in the core areas of tax likely to be encountered during the initial phase of tax experience and to prepare students for more advanced study in Taxation.

Students will learn about the Regulatory Framework for the professional assurances services profession; the Professional Code of Ethics and Conduct for accountants, the auditing process which includes audit planning, review of internal control systems, compliance testing and substantive testing and finally reporting.

Request More Information

Contact a programme advisor by calling
+65 6580 7700

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