Introduction to Professional Accounting (Expected Hours: 4)

• Need of Accounting
• Accounting Flow 
• Types of Business Entities
• Accounting Entries – Basics
• Introduction to Capital, Liabilities & Assets
• Introduction to Income & Expenditure
• Capital Expenditure vs. Revenue Expenditure
• Accounting Entries – Contra Entries & Journal Entries

Stages in Professional Accounting (Expected Hours: 25) 

• Primary Book Entry
• Ledger Entry
• Trial Balance

Preparation of Financial Statement (Expected Hours: 25)

• Balance Sheet and Profit & Loss Account for Proprietorship Firm
• Partnership Firms
• Companies – Private Limited & Public Limited
• Trusts
• Practical examples on Preparation of Financial Statements

Accounting – in Real Time (Expected Hours: 6)

• Introduction to Bank Transactions – Cheques / NEFT / RTGS / DD
• Bank Accounts – Savings Account, Current Account, Overdraft Account & Loan Account
• Bank reconciliation
• Need for Bank Reconciliation
• Aspects of Bank Reconciliation
• Accounting for Special Bank Transactions

Accounting For Fixed Assets (Expected Hours: 4)

• Nature of Fixed Assets
• Cost of Fixed Assets
• Depreciation Accounting 
• Concept of Useful Life, Salvage Value etc.
• Sale of Fixed Assets – Accounting – Recognition of Profit / Loss

Introduction to Computerized Accounting – Tally ERP 9 & Prime (Expected Hours: 60)

+2/Degree

2 months

• Basics of Income Tax
• Heads of Income – Tax Perspective
• Taxation of Individuals
• Business Taxation
• House Property & Capital Gains – Practitioner’s Perspective
• Income Tax – Accountants’ Perspective
• Return Filing – Advanced Study
• Statutory Compliances & Return Filing