Course Objective:

This 3 hours course is designed to inculcate the Core knowledge in Accounting for Senior accountants. This course will help them to handle a team of junior level accountants.

Course curriculum:

Introduction to Accounting Standards in India -  General journal - Special journals : Purchase, Sales, Purchase returns, Sales returns, Bills receivable, Bills payable - Trial balance - Rectification of errors - Bank reconciliation statement  - Bills of exchange - Financial statements of a proprietary business : Trading , profit and loss account, Balance sheet 

Partnership business accounting : Partnership Deed - Provisions relating to computation appropriation to partners - Profit and loss appropriation account - Partners capital account - partners current account - Guarantee of profits to a partner - Past adjustments - Admission of a partner - Retirement of a partner - Valuation of goodwill - Change in PSR - Death of a partner - Dissolution of a partnership firm

Company Accounts : Issue of Share capital - Issue of Debentures - Redemption of Debentures - Financial statements of a company

Financial statment analysis : Comparative balance sheet - Comparative profit & loss statement - Common size balance sheet - Common size profit & loss statement - Ratio analysis - Cash flow statement