LCCI Bookkeeping and Accounting

LCCI Bookkeeping and Accounting Level 1-3

LCCI certifications are run by The Institute of Accountants and Bookkeepers (IAB), since 1/10/2023. Pantelis Stylianides Institute of Accountancy is now an approved centre by IAB.

These certifications are based on the needs of a modern accounting office. The accounting department plays a crucial role in any organization by providing essential information about its financial performance and liquidity. To ensure the organization’s long-term sustainability, it is vital to establish and maintain a skilled accounting team. This requires individuals within the organization to possess the necessary expertise in day-to-day operational tasks, fundamental accounting principles, and financial record-keeping.

Purpose of the course

The objective of this course is to equip participants with the essential skills and knowledge in bookkeeping and accounting for the effective functioning of an organization’s accounting department to perform their tasks properly and professionally.

Who can participate

This qualification is suitable for students or for those who work or intend to work in the finance industry and aim to excel in the organization they work for, it can also be taken by people with no accounting background at all. In addition, this course provides the appropriate resources for further studies in the financial sector (academic diploma or ACCA) and offers exemption from 1 of the 13 ACCA subjects.

Why choose the PS Institute of Accountancy

• The institute has many years of experience (over 35 years), in preparation of students for the LCCI examinations as well as ACCA qualification.
• The institute is a recognized Educational Institution by the Cyprus Ministry of Education and Culture.
• Strongly professional and experienced lecturers deliver high-quality lectures for students of high schools and gymnasium (from the age of 14 and above) as well as for people of higher ages who work in accounting/finance departments of companies/accounting firms etc.
• Modern facilities and equipment.
• Each course includes a combination of lectures, questions and answers, practical classroom exercises, and homestudy.
• Exam preparation based on our extensive experience with CBE Exams with a personal approach that helps students develop their exam technique.
• Also, the institute offers seminars that help continuous professional development.

Upon completion of the program, trainees will be able to:

• To understand the basic principles of accounting
• To record all business daily transactions
• To organize financial documents in an orderly and systematic manner
• To maintain the books of, and prepare final accounts for, sole traders.
• To track the goods and services acquired and provided by the business
• To ensure that all expenses are recorded and paid on time.
• To keep an accurate record of different suppliers and customers information
• To prepare bank reconciliations procedures
• To prepare a Statement of Profit or Loss and a Statement of Financial Position
• To analyze financial statements
• To check the accuracy of financial records

Recognized by 100+ companies

A small sample of employers who recognize the LCCI certificates and are required during the recruitment process.