Bookkeeping NCIII
Bookkeeping NCIII
Bookkeeping NCIII
The BOOKKEEPING NC III Qualification consists of competencies that a person must achieve to be able to perform various bookkeeping activities, including journalizing and posting transactions, preparing trial balance and financial reports, and reviewing internal control systems.
Source: TESDA Bookkeeping NCIII
This course is designed to enhance the knowledge, skills and attitude in bookkeeping and related workplace competencies in accordance with industry standards. It covers the basic, common and core competencies required in performing bookkeeping functions.
The units of competency comprising this qualification include the following:
BASIC COMPETENCIES
Code | Competency |
400311319 | Lead workplace communication |
400311320 | Lead small teams |
400311321 | Apply critical thinking and problem-solving techniques in the Workplace |
400311322 | Work in a diverse environment |
400311323 | Propose methods of applying learning and innovation in the Organization |
400311324 | Use information systematically |
400311325 | Evaluate occupational safety and health work practices |
400311326 | Evaluate environmental work practices |
400311327 | Facilitate entrepreneurial skills for micro-small-medium enterprises (MSMEs) |
COMMON COMPETENCIES
Code | Competency |
HCS315202 | Apply quality standards |
HCS311201 | Perform computer operations |
HCS913201 | Maintain an effective relationship with clients and customers |
HCS913202 | Manage own performance |
CORE COMPETENCIES
Code | Competency |
SOC234301 | Manage Center Operations |
SOC234302 | Conduct Assessment on Progress and Development of Children |
HCS412301 | Journalize transactions |
HCS412302 | Post transactions |
HCS412303 | Prepare trial balance |
HCS412304 | Prepare financial reports |
HCS412305 | Review internal control system |
A person who has achieved this Qualification is competent to be:
- Bookkeeper
Course Title: | BOOKKEEPING |
NC Level: | NC III |
Training Hours: | 292 Hours (Nominal Training Duration) |
146 Hours (Supervised Industry Learning) | |
438 Hours – TOTAL |
Journalize Transactions
The following are the knowledge and skills required to accurately record and journalize business transactions:
- Prepare Chart of Accounts
- Analyze Documents
- Prepare Journal Entry
Post Transactions
The following are the knowledge and skills required to accurately post business transactions manually:
- Post transactions to ledger accounts
- Maintain accurate and updated ledger records
- Check and verify posted transactions
Prepare Trial Balance
The following are the knowledge and skills required to prepare an accurate trial balance:
- List account titles
- Transfer balances from the ledger
- Summarize trial balance
Prepare Financial Reports
The following are the knowledge and skills required to prepare and analyze financial reports:
- Prepare financial statements
- Analyze financial statements
Review Internal Control System
The following are the knowledge and skills required to review and determine the extent of compliance with a firm’s internal control manual:
- Check policy compliance
- Prepare policy compliance report