DIPLOMA IN COMPUTER AND FINANCIAL ACCOUNTING (1 YEAR)

Diploma in Computer and Financial Accounting (1 Year)

 1: Fundamentals of Accounting

• Introduction to Accounting and Its Importance
• Basic Accounting Terms and Concepts
• Types of Accounts: Personal, Real, Nominal
• Principles and Conventions of Accounting
• Introduction to Double-Entry Bookkeeping

 2: Journal and Ledger

• Recording Transactions in Journal
• Posting to Ledger Accounts
• Preparation of Trial Balance
• Rectification of Errors
• Preparation of Subsidiary Books

 3: Financial Statements

• Preparation of Final Accounts: Trading Account, Profit & Loss Account, Balance Sheet
• Adjusting Entries (Depreciation, Accrued Expenses, Prepaid Expenses)
• Preparation of Manufacturing Accounts (Basic)
• Understanding Financial Statements Analysis

 4: Computerized Accounting

• Introduction to Accounting Software (e.g., Tally ERP, QuickBooks)
• Installation and Configuration of Accounting Software
• Creating Company Data and Masters (Ledgers, Stock Items)
• Voucher Entry and Transaction Recording
• Generating Reports and Financial Statements

 5: Advanced Accounting Software Features

• Inventory Management and Stock Valuation
• Payroll Accounting
• Bank Reconciliation Statement
• Taxation Features: GST, VAT (Basic Overview)
• Backup and Restore Data

 6: Cost Accounting Basics

• Introduction to Cost Accounting and Cost Concepts
• Classification of Costs
• Cost Sheet Preparation
• Marginal Costing and Break-Even Analysis (Basic)

7: Financial Management Fundamentals

• Basics of Financial Management
• Budgeting and Budgetary Control
• Working Capital Management
• Introduction to Financial Ratios

 8: Practical Exercises and Project

• Manual Accounting Exercises
• Accounting Software Practical Sessions
• Preparation of Financial Reports Using Software
• Final Project: Complete Accounting Cycle for a Sample Business