Certificate in Financial Accounting
Duration : 3 Months | Certification : SRC Certification
Course Description
Financial Accounting will teach you the fundamentals of financial accounting from the ground up.The program imparts knowledge in financial accounts and provides practical skills to operate effectively in work settings.
Course Includes :
Hands-On Training
Live Projects
100% Placement Assistance
Course Duration :
3 Months
Course Advantages
- Govt. of India (SRC) approved certificate
- Latest Syllabus and Advanced Lab Facility
- Excellent Placement Support
Course Features
- Tally is an accounting software used for Accounting purposes and making reports easily. Tally ERP. 9 and Tally Prime are widely used accounting software in India as well as many other international locations also.
- Career Scope as Accounts Executive, Tally Operator, Sales Executive, Back office Executive, Sales Department, Tax Accountant, Junior Accountant, Accounts Manager, Import/Export Companies, Office Assistant, Office Executive, and Bank Clerks.
What you'll cover in this course
Accounting
- Introduction
- Types of Accounting
- Advantages and Limitations of Accounting
- Distinction between Book Keeping and Accounting
- Basic Accounting Terms
Accounting concepts,principles and conventions
- Introduction
- Generally Accepted Accounting Principles
- System of Accounting
- Basis of Accounts
Accounting Process
- Introduction
- Source Documents/ Vouchers
- Accounting Equation
- Accounting Process
- Classification of Accounts
- Rules for Debit and Credit
Journal
- Introduction
- Journal
- Journal Entry
- Explanation of Journal
- Important Consideration for Recording the Business Transactions
Ledger and trial balance
- Introduction
- Ledger
- Posting
- Trial Balance
Subsidiary books of accounts
- Introduction
- Subsidiary Books
- Cash Book
- Purchase Day Book
- Sales Day Book
- Purchase Return Book
- Sales Return Book
- Bills Receivable Book
- Bills Payable Book
- Journal Proper
Profit and loss account and balance sheet
- Introduction
- Trading Account
- Profit and Loss Account
- Balance Sheet
Income tax law- Basic concepts
- Introduction
- Importance,History,Present Act
- What is Tax
- Meaning of Income
- Procedure of Computation of Total Income
Important definition in income tax act
- Introduction
- Person
- Assessee
- Income
- Assessment Year
- Previous Year
Goods and Services Tax
- Introduction
- What is GST
- Structure of GST
- Taxes to be subsumed in GST
- Highlights of GST
- Elimination of Tax on Tax
- Threshold Limit
- Mandatory Registration