Course Name:Diploma in Computerized Financial Accounting
Course Duration:12 months
Course Fees: 55,000
Syllabus
Semester I
PAPER 1: BUSINESS FUNDAMENTALS
Unit 1: Business System and Business Environment
Introduction – Business Definition – Nature of Business – Evolution of Business – Launching a
Business Enterprise
Unit 2: Forms of Business Enterprise
Sole Proprietorship – Partnership – Joint stock company
Unit 3: Company Management
Organs of Company Management – Shareholders – Board of Directors – Managing Director –
Company Meetings and Resolutions – Maintenance of Records
Unit 4: Management Principles
Management as an art – Management as Science – Management as Profession – Features –
Levels – Scientific Management
Unit 5: Functions of Management
Planning – Organizing – Directing – Controlling – Decision-making – Financial Management –
Personnel Management – Marketing Management – Production Management
PAPER 2: ACCOUNTING FOR BUSINESS
Unit 1: Accounting Introduction
Definition – Objectives of Accounting – Branches of Accounting – Accounting Process –
Accounting Cycle – Accounting Concepts and Conventions
Unit 2: Recording Transactions and Ledger Posting
Golden Rules of Accounting – Double Entry System – Single Entry System – Journal – Ledger –
Balancing the Ledger Accounts
Unit 3: Trial balance and Errors Rectification
Definition – Objectives – Limitations – Preparation of Trial Balance – Errors disclosed by Trial
balance – Type of Errors – Effect of errors on Trial Balance – Rectification of Errors – Suspense
Accounts – Nature of Fixed Assets – Depreciation – Depletion – Amortization – Depreciation Vs
Maintenance – Causes of Depreciation – Factors in measurement of Depreciation – Journal
Entries – Methods of calculating the periodic depreciation – Straight Line and Diminishing
balance method
Unit 4: Final Accounts
Meaning – Preparation of Trading Account – Profit and Loss Account – Balance Sheet – Closing
Entries – Adjustment Entries – Provisions – Receipts and Payment Statement – Income and
Expenditure Statement – Difference between Departments and Branches – Advantages – Special
Features – Basis of Allocation and Apportionment of Expenses – Inter-departmental transfer at
cost and sales price
Unit 5: Corporate Banking
Introduction – Bank Pass Book – Negotiable Instruments – Cheque – Discounting of Cheques –
Cheque presentment – Cheque dishonored – Current Account – Overdraft – Cash credit – Bank
reconciliation Statement – Internet banking – RTGS – NEFT
PAPER 3: BUSINESS TAXATION FUNDAMENTALS
Unit 1: Direct and Indirect Taxation
Introduction – Tax definition – Direct taxes – Indirect taxes
Unit 2: Value Added tax
Introduction and definitions – Registration – Levy of Tax – Administration of Tax – Refund of Tax
– Check post – Offences and Penalties – CST Introduction
Unit 3: Income Tax and TDS
Introduction – Basis of Charge – Heads of Income – FBT – Deductions – Tax Table – Advance Tax
– TDS – Interest – Return of Income
Unit 4: Goods and Service Tax
Introduction – Procedures – CENVAT Credit – Books of Accounts – efiling of returns – Job Work –
Service Tax Introduction – Registration – Levy of tax – Exemption – Service tax credit – Books of
Accounts – Assessment – Penalty – List of taxable services.
Unit 5: ESI and EPF
Introduction – Applicability to Employers and Employees – Registration Procedure –
Contribution and Benefit Period – Due Dates for Remittance – Return Filing
Semester II
PAPER 4: ANALYSIS OF FINANCIAL STATEMENTS
ment, Cash Flow Statement, etc and apply the same in the real time business
environment.
Unit 1: Analytical Tools
Introduction – Financial Statements Definition – Analytical Tools for Financial Analysis –
Advantages of Financial Analysis
Unit 2: Ratio Analysis
Profitability Ratios – Liquidity Ratios – Solvency Ratios – Balance Sheet Ratios – Return on
Investment – Turnover ratios – Shareholders Ratios – Cash Flow Ratios
Unit 3: Fund Flow Statement
Meaning – Benefits – Preparation of Statement of Working Capital – Calculation of Funds from
Operations – Funds Inflow and Outflow Statement preparation
Unit 4: Cash Flow Statement
Meaning – Benefits – Preparation of cash from operations – Cash Inflow and Cash Outflow
Statement
Unit 5: Inventory and Costing
Cost Sheet – Stock Valuation Methods – Reorder Level – Economic Order Quantity – Marginal
Costing – Standard Costing
PAPER 5: INTRODUCTION TO FINANCIAL MARKETS
Unit 1: Introduction to Financial Markets
Investment Basics – Investment Options – Primary Market – Secondary Market –Stock Exchange
– Equity Share – Preference Share – Debentures – Dividend – Interest
Unit 2: Capital Market
Secondary Market –Nifty – Sensex – Share Trading
Unit 3: Derivative Market
Options – Futures – Stock Options and Stock Futures – Call Option and Put Option – Commodity
Derivatives
Unit 4: Dematerialization
Introduction – Dematerialization – Depositary Procedures – Depository participant
Unit 5: Mutual Fund Basics
Definition – Mutual Funds – Benefits – Net Asset Value – Types of Mutual Funds – Offer
Document – Exchange Traded funds
PAPER 6: APPLIED STATUTORY COMPLIANCE
Unit 1: Value Added Tax
Registration Form (Form A) – VAT Remittance – Monthly VAT Return (Form i) – Annexures(1 -4)
Unit 2: Income Tax
Computation of Income Tax – PAN Application (Form 49A) – TAN Application (Form 49B) –
Income Tax Challan (ITNS 280,281,282) – Income Tax Returns (ITR 1, 2) – Fringe Benefit Tax
Return (Form ITR 8) – TDS Remittance – TDS Certificate (Form 16 and Form 16A) – TDS Returns
(Form 26Q and 27A) – efiling of returns
Unit 3: Excise Duty
Registration Form (Form A1) – Filling of Remittance Challan (GAR 7) –PLA Register – Return
Preparation (ER 1)
Unit 4: Service Tax
Registration Form (Form ST 1) – Certificate of Registration (Form ST2) –Remittance Challan (GAR
7) – Return Preparation (Form ST 3 and ST 3A)
Unit 5: ESI and EPF
ESI and EPF Employer and Employee Registration Forms – Labour Registers – Challan – Return
Preparation.