Finalizations Of Accounting

This course aims to provide a comprehensive understanding of accounting principles and practices, including financial reporting, capital accounts, trial balances, and depreciation policies.

Participants will gain practical skills in preparing and analyzing various financial statements and reports, equipping them with the expertise needed to excel in accounting and financial management roles.

Target Audience:

This course is designed for a wide range of individuals, including graduates and postgraduates seeking to deepen their knowledge in accounting. It is ideal for aspiring accountants, finance professionals, small business owners, and students pursuing careers in finance or business administration. Additionally, professionals from other disciplines interested in acquiring accounting skills will benefit from this course.

Syllabus:

• Module - 1   Company & Reports
• Unit 1 : Company Intro, Benefit & Scope
• Introduction of Company
• Course Benefit
• Course Scope
• Unit 2 : Report Types & Sources
• Type of Reports
• Source of Reports
• Module - 2   Capital & Legal Documents
• Unit 1 : Capital Accounts, Remuneration, Interest
• Capital Accounts & Types of capital accounts
• Remuneration calculation procedure as per Income Tax Act.
• Interest calculation of capital accounts
• Unit 2 : Articles, Partnership Deed, Registration
• Meaning and Use of Article of Association
• Meaning and Use of Article of Memorandum
• Partnership Deed
• Registration procedure & Retirement Policy
• Module - 3   Trial Balance & Accounts
• Unit 1 : Trial Balance & Sources
• Trial Balance
• Type of Trial Balance
• Source of Trial Balance
• Unit 2 : Trading, Manufacturing, Income & Expenditure Accounts
• Uses and Benefits of Trading Accounts, Manufacturing & trading accounts, Income & Expenditure accounts, and its requirements.
• Module - 4   Depreciation & Final Statements
• Unit 1 : Depreciation Policy & Schedule
• Depreciation Policy & Procedure of Depreciation
• Classification of Assets
• Schedule of Assets
• Unit 2 : Annexures & Balance Sheet Generation
• Annexures
• Balance Sheet Generations