Advance Diploma In Financial Accounting

Syllabus

Introduction to Accounting:  Introduction to accounting, forms of business organization and its relevance of accounting, branches of accounting, accounting as an information system, accountant, financial, definition of accounting and its role in making business decision.

Tally ERP 9.0:  System requirements, installing tally ERP 9 silver, installing tally ERP 9 gold, installing tally ERP 9 auditors’ edition, installing tally ERP 9 for rental license, installing tally ERP 9 in silent mode ( for advanced users), launching tally ERP 9,activating tally ERP 9 single site, activating tally ERP 9 multi site.           

Commercial & Industrial Law: Introduction to sale of goods, the price payments, delivery and acceptance, ownership, non-existent goods, risk and frustration, defective goods, Industrial and labour laws, factories act, 1948, minimum wages act, 1948, payment of wages act,1936, equal remuneration act, 1936,  employees’ state insurance act,1948, payment of bonus act,1965, payments of gratuity act, 1972.

Preparation of Balance sheet, P&L: Equity and liabilities, share application money pending allotment, assets, reserves surplus, long-term borrowing, short- term borrowing, other current liabilities, non-current assets fixed assets, non-current investments, other non-current assets, current investments.

Taxation – Income Tax, GST: Income tax act basics, heads of income and computation of total income and tax liability, income from house property, income under head profits and gains of business or profession, income under head capital gains, income under head income from other sources, income of other persons included in assesses total income, deductions in computing total income.

 Audit Practice: Introduction to auditing, audit planning, auditing techniques and internal, internal control, vouching, verification and valuation of assets and liabilities, qualification of an auditor, removal of auditor,cost accounting.