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Dive into the world of Financial Accounting & Learn about the Fundamentals of Accounting

What you will learn

Meaning & Objectives of Financial Accounting

Systems of Accounting – Double & Single Entry

Accounting Principles, Conventions & Concepts

Recording Procedure in Accounting – Journal & Ledger

Meaning of Accounting Equation

Different Phases of Accounting Cycle

Preparation of Trial Balance

Preparational of Final Accounts

Introduction to Tally ERP 9

Description

Accounting is considered as a foundational element of business and it is a role that will always be in demand. The area of Accounting and Finance always witness a consistent projected job growth. Business houses rely a lot on Accounting professionals for they help the entity to manage the procurement of funds and they ensure the application of this funds in good, fruitful investments. Accountants also provide services that can help a company develop strategies, make decisions, and comply with accounting laws and regulations.

With the growing competition in the business world, the role of accountant is now not merely concerned with proper recording of transactions and preparation of financial statements. The evolving role of Accountants requires expertise that goes beyond crunching numbers to also include knowledge of accounting systems, management information systems, business valuations, cybersecurity, and mergers and acquisitions.

Accounting degrees are open to a number of different career paths. Students armed with an accounting degree have access to an expanding job market that is projected to experience continued positive growth over the coming years.
We have designed this course to ensure that the students will gain an in depth knowledge regarding Accounting & Bookkeeping. Our course have been designed in an student friendly manner with charts, graphics and pictorial representations to make learning easy.

The Unique features of our Course are:

– Small, concise, brief and to the point lectures.


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– Quizzes and Practical Assignments that are designed to help the students to work on real-world problems

– Use of graphs, charts, illustrations for quick retention of facts

– Practical Illustrations

So, go ahead and enroll in this course to gain an in-depth knowledge regarding Debentures. We promise you a very happy learning experience and a value for your money.

Wishing you all the very best!!!!

English
language

Content

Introduction to Accountancy

Meaning & Objectives of Financial Accounting
Benefits & Limitations of Financial Accounting
Systems of Accounting
System of Accounting
Objectives of Financial Accounting
Benefits & Limitations of Financial Accounting
The Accounting Equation
Classification of Accounts

Accounting Principles , Conventions & Concepts

Objectives & Classifications of Accounting Principles
Meaning of Accounting Concepts
List of Major Accounting Concepts
Accounting Concept Quiz
Meaning & Major Accounting Conventions
Valuation of Inventory-Accounting Convention

Process of Recording Accounting Transactions

Process of Recording Transaction
Recording Process Sequence
Transaction & Documents
Rules of Debit or Credit
Journal Entry Impact

Important Books & Entry Processing

Journal Entries Illustrations
Compound Journal Entry
Opening Entries
Quiz 8
The Book of Final Entry- Ledger
Difference Between Journal & Ledger
Difference between Journal and Ledger

Posting from Journal to Ledger

Posting from Journal to Ledger
Posting from Journal to Ledger – Illustration
Balancing of Ledger
Balancing of Ledger – Illustration
Balancing of Ledger – Illustration Continued

Introduction to Final Accounts

Final Accounts: Introduction
Elements of Final Accounts-Trading Account
Preparation of Trading Account
Preparation of Trading Account
Preparation of Trading Account-Illustration
Elements of Final Accounts-Profit & Loss Account
Profit and Loss Account

TALLY SECTIONS

Ledger Creation
Ledger Alteration
Ledger Deletion
Group Creation
Stock Group Creation
Unit of Measurement
Stock Item Creation
Stock Item
Payment Voucher
Receipt Voucher
Sales Voucher
Purchase Voucher
Credit Note Voucher
Credit Note Voucher
Debit Note Voucher
Creating an Item Invoice