International Finance And Accounting

• Course Code :: AC - 07
• Class Room Training :: 240 Hrs
• E-Learning Facility  :: One Year Free Login
• Eligibility: 10+2 Commerce / Graduates in any discipline
• Suitable for:  Becoming an Accountant with exposure in Accounting, Tally and IFRS
• Certificate: GST CENTRE – Participation Certificate. The Association of GST Professionals, India *

Syllabus

Chapter 1

Book Keeping

• Use and concept of Book-Keeping and accounting.
• The concept and objectives of accounting standards.
• International Ethics Standards Board for Accountants.
• Accounting procedures and posting of entries.
• Journalising
• Posting in Ledger
• Meaning and need of subsidiary books
• Importance of posting cash book entries
• Need and importance of Bank Reconciliation Statement and
• its preparation
• Procedure followed in Income statement and Balance sheet
• preparation.
• Management Reports

Chapter 2

Computerized Accounting using Tally.ERP 9

• Set up initial data
• Creation of Groups and ledgers in Tally
• Stock group and stock categories and the methods to post
• entries in each group and category
• Methods to enter different types of vouchers
• Meaning and purpose of contra and journal voucher
• Methods to post entries in purchase and sales vouchers
• Meaning and purpose of cost categories and cost centres
• Concept of Bill of Material and price list
• Meaning/method and purpose of Bank reconciliation
• Understand the concept of TDS and the entries related to it.
• Understand the concept and computation of VAT
• Understand the importance and preparation of Final Accounts

Chapter 3

Foundation in IFRS

• IASB and regulatory framework
• Adoption of IFRS
• Conceptual framework for financial reporting
• Presentation of financial statements
• IFRS in the global and regional scenario