Advanced Industrial Accounts

  • Duration : 12 Months
  • Daily : 2 hour's class
  • Fee : Rs. 31000 plus tax

INTRODUCTION TO ACCOUNTS

  • Introduction.
  • Introduction, Accounts, Basic Accounting Term Used, Book Keeping, Accounting Procedure.
  • Book Keeping, Objective.
  • Difference Between Accounting, Book Keeping.
  • Double Entry System & Single Entries System.
  • Accounts Heads, Books of Accounts.

PRACTICAL SYSTEM OF BOOK KEEPING

  • Cash Book.
    • Single Column Cash Book.
    • Double Column Cash Book.
    • Cash Book with Bank Column.
  • Petty Cash Book
    • Simple Petty Cash Book.
    • Analytical Petty Cash Book.
  • Ledgers, Trail Balance.
  • Final Accounts (Trading / Profit Or Loss Accounts / Balance Sheet).

ACCOUNTS OF LABOUR COST

  • Payroll Statements.
  • Provident Funds Calculations.
  • Employee State Insurance Calculations.
  • Pf Recovery, Advances Deductions.
  • Overtime Calculations (Days & Hours).
  • Pay Slips, Payment Advices.
  • Bonus Statement.
  • Voucher Forms.

ACCOUNTS FOR MATERIALS:

  • GST Billing.
  • Stock Ledgers.
  • Methods Of Stock Valuation, LIFO- FIFO- Avg. Cost- Standard Cost-Last Purchase Prices, Weight Average Method.
  • Stock Statement.
  • Cost Sheet.
  • Tenders / Quotations.
  • Production Statements.
  • EOQ (Economic Order Quantity).

FINALIZATIONS OF FIRMS

  • Depreciation.
  • Trading Accounts, Profit & Loss Accounts, Balance Sheet With Adjustment Of Firms.

ADVANCE ACCOUNTING

  • Journal Book.
  • Journal To Ledger.
  • Accounts Of Non-Profit Organization.
  • Budgets.

BANKING & FINANCE

  • Bank Reconciliation
    • With Bank Balances "Dr".
    • With Bank O/D "Cr".
  • Projected Profit Or Loss Accounts.
  • Projected Balance Sheet.

MINNI PROJECT

  • On Pursuing Syllabus, Making Final Report.

COMPUTER BASICS

  • Introduction, Fundamentals, Operating System, Software Devices, Hardware Devices, Note-Pad, Word-Pad, Paint, Ms-Word, Ms-Excel, Ms-PowerPoint.

COMPUTER ACCOUNTING

  • Marg and E Billing with GST.

HIRE PURCHASES SYSTEM & INSTALLMENT PURCHASE SYSTEM

  • Meaning, Accounting Treatment In Different Cases
    • When All Particulars Are Given & Installment Are Inclusive Of Interest.
    • When The Installment Are Exclusive Of Interest.
    • Calculation Of Interest When Rate Is Not Given.
    • When Cash Price Is Not Given.
  • Transfer Of Assets By The Hire Purchaser.
  • Adjustments In Case Of Default & Repossessions.
    • When The Vender Take Back The Complete Repossessions Of Assets.
    • When The Vender Take Back The Only Part Of Total Assets.
  • Performa Of Hire Purchase Register.
  • Difference Between Installment Purchase System& Hire Purchase System.
  • Accounting Entries Incase Of Installment Purchase System.

INSURANCE CLAIMS

  • Gross Profit Ratio.
  • Memorandum Trading Accounts.
  • Average Clause.
  • Indemnity Period.
  • Short Sale.

FINANCIAL ANALYSIS

  • Meaning, Parties Interested In The Financial Analysis.
  • Tool Or Techniques Of Financial Analysis.
  • Comparative Statement.
  • Common Size Statement.
  • Ratio Analysis.
    • Profitability Ratio.
    • Performance Or Turnover Ratio.
    • Liquidity Or Short Term Financial Ratio.
    • Solvency Ratio Or Long Term Financial Ratio.
  • Cash Flow Statement.
  • Funds Flow Statement.

JOINT VENTURE & CONSIGNMENT

  • Joint Venture.
    • Meaning, Treatment.
    • Valuation Of Unsold Stock.
  • Consignment
    • Meaning, Treatment.
    • Difference Consignment And Sale.
    • Valuation Of Unsold Stock.
    • Loss Of Stock Normal & Abnormal Losses.
    • Goods Return By The Consignee.
    • Difference Between Joint Venture & Consignment.
    • Difference between Joint Venture & Partnership.

FINAL ACCOUNT OF PARTNERSHIP

  • Meaning, Partnership Deeds, Rule In Absence Of Deed.
  • Special Aspect Of Final Accounts Of Partnership.
  • Type Of Capitals, Capital Ratio, Interest On Capital/Drawings.
  • Distribution of Profit among Partners, Goodwill.

FINAL ACCOUNTS OF COMPANIES

  • Profit & Loss Accounts, Balance Sheet With Adjustment Of Companies.
    • Vertically & Horizontally.
  • Difference between Companies' B/S & Firm B/S.
  • Difference between Public Companies' & Private Companies.

COMMERCIAL TAX PRACTICE

  • GST.

COMPANY PROJECT REPORT.

  • On Pursuing Syllabus, Making Final Repot With Return Form (VAT 11), Schedule Of Companies.

HARDWARE PROGRAM

  • Introduction, Operating System, Window Installation, Hardware Devices, Trouble Shooting, Formatting, Partitions, Burn Processes.

COMPUTER ACCOUNTING

  • Tally ERP 9 and Busy with GST.

COMPUTERS TAXATION

  • GST with Online Return Filling.