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Refund policy
Transfer, Withdrawal Policy
Revenue Recognition Policy
Management of External Partnership Policy
Confidentiality and Information
Security Policy
Dispute Resolution Policy
Management of Recruitment Agent Policy and Code of Conduct for Recruitment
Agents
Student Support Services
Policy and comprehensive
list of support services
Pre-Course Counselling Policy and framework
Pastoral Counselling Policy
and framework
 
 

     
  REVENUE STREAMS & REVENUE RECOGNITION POLICY

The School’s revenue streams are derived mainly from Course Fees. A sole entity, that is, Dimensions International College (Dimensions) is responsible for fully recognizing the following revenue streams derived in the course of its business operations:

Course Fees: Consist of Tuition fee and non-tuition fees.

“Course fees” means the fees paid by or on behalf of the Student to Dimensions for a given Course.

“Total Course Fees” are categorized into Tuition Fee and Non-Tuition Fees

Miscellaneous Fees: Apart from the Tuition Fee and Non-Tuition Fees, there are Miscellaneous Fees which a Student may from time to time incur.

REVENUE RECOGNITION

Dimensions’ accounting policy recognizes the above-mentioned revenue streams as the basis for accounting and generation of financial reports. Revenue is recognized based on Accepted Accounting Practices of a ‘going concern’, with ‘accruals’ and ‘consistency’ and in accordance with the requirements of the Companies Act, Cap 50 and Singapore Financial Reporting Standards. As such revenues are recognized based on the revenue principles and unearned revenues are reflected separately as work in progress.


 
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   AWARDED 4-YEAR
   EDUTRUST CERTIFICATION
   BY THE COUNCIL FOR
   PRIVATE EDUCATION (CPE),
   MINISTRY OF EDUCATION
   (MOE), SINGAPORE
     read more
      Heartiest Congratulations
    to all GCE “O” Level
    (2011) students for
    their great results
     read more

      Warmest congratulations
    to our top GCE “O”
    Level (2011) student,
    Yang Kaiqi, for her
    excellent results (five
    points from five subjects)
     read more

 
 
 
 
   
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Main Campus: 58, Lowland Road (Kovan MRT),Singapore 547453
Bukit Timah Campus: 2, Jalan Seh Chuan, Singapore 598417
City Campus: 277, River Valley Road,Singapore 238318
TEL:(0065)63340600(7 Lines) FAX:(0065)63346066
UEN: 200108141H (13.06.2011-12.06.2015)
E-mail: enquiry1@dimensions.edu.sg
Copyright © 2011 Dimensions International College. All Rights Reserved.
Website last updated on Friday, 18 May 2012