Diploma in financial Accounting – Online Courses with Diploma Certificates at Low Cost https://onlinediploma.in An ISO Certified Autonomous Institution Registered under Government of India Mon, 31 Jul 2023 13:28:37 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 Diploma in Financial Accounting https://onlinediploma.in/product/diploma-in-financial-accounting-course/ Tue, 28 Jan 2020 09:51:28 +0000 https://onlinediploma.in/?post_type=product&p=22185 Course Name: Diploma in Financial Accounting
Course Id: DFA/Q1001.
Education Qualification: 10th Pass.

Duration: 370 Hrs.

How You will Get Diploma Certificate:

Step 1- Select your Course for Certification.

Step 2- Click on Enroll Now.

Step 3- Proceed to Enroll Now.

Step 4- Fill Your Billing Details and Proceed to Pay.

Step 5- You Will be Redirected to Payment Gateway, Pay Course and Exam Fee by Following Options.

Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.

Step 6- After Payment You will receive Study Material on your email id.

Step 7- After Completion of  Course Study give Online Examination.

Step 8- After Online Examination you will get Diploma Certificate soft copy(Scan Copy) and Hard Copy(Original With Seal and Sign).

Step 9- After Certification you will receive Prospect Job Opportunities as per your Interest Area.

Online Examination Detail:

  • Duration- 120 minutes.
  • No. of Questions- 60. (Multiple Choice Questions).
  • 10 Questions from each module, each carry 10 marks.
  • Maximum Marks- 600, Passing Marks- 40%.
  • There is no negative marking in this module.
How Students will be Graded:
S.No. Marks Grade
1 91-100 O (Outstanding)
2 81-90 A (Excellent)
3 71-80 A (Very Good)
4 61-70 B (Good)
5 51-60 C (Average)
6 41-50 P (Pass)
7 0-40 F (Fail)

Benefits of Certification:

  • Government Authorized Assessment Agency Certification.
  • Certificate Valid for Lifetime.
  • Lifetime Verification of Certificate.
  • Free Job Assistance as per your Interest Area.

Syllabus

Diploma in Financial Accounting
Financial Accounting

Accounting, Basic of Accounting, Definition, Concepts and Conventions, Functions, Advantages, Limitations, Branches, Double Entry Principle, Accounting As An Information System, Users of Accounting Information, Essential Features of Accounting Principles, Accounting Standards, Utility of Accounting Standards, Procedure of Preparing, Propagation, Preface To Statements, Indian Accounting Standards, Disclosure of Accounting Policies, Accounting Process, Subsidiary Books, Illustration of Purchase Book, Purchase Book, Sales Book, Purchase Return Book, Sales Return Book, Cash Book, Triple Column cash book, Petty Cash book, Trial Balance.

Cost Accounting

Definition, Scope, objectives and significance of cost accounting, its relationship with financial accounting and management accounting, Cost Objects, Cost centers and Cost Units, Elements of cost, Classification of costs, cast ascertainment- elements of cost, Procurement of Materials, Inventory Management and Control, Inventory Accounting & Valuation, Physical Verification, treatment of losses, Scrap, spoilage, defectives and wastage, Employee Costs, Time keeping, Time booking and payroll, Labour Turnover, Overtime and idle time, Principles and methods of remuneration and incentive schemes, Employee cost reporting and measurement of efficiency.

Financial Reporting

Intellectual levels, Learning hours and educational recognition, Relational diagram linking Financial, The conceptual and regulatory framework for financial reporting, Recognition and measurement, Regulatory framework, Accounting for transactions in financial statements, Tangible non-current assets, Intangible assets, Impairment of assets, Inventory and biological assets, Financial instruments, Leasing, Provisions and events after the reporting period, Reporting financial performance, Government grants, Foreign currency transactions.

Management Accounting

Meaning, Concepts and Objectives, Merits and Demerits of Standard costing, Prerequisite for establishment of standard costing, Efficiency and Activity Ratios, Variance Analysis and Control, Definition, Assumptions and Uses, Marginal Costing Vs. Absorption Costing, CVP /BEP Analysis, Key factors and Safety Margin, Managerial Decision Making Areas – Product Mix, Make or Buy, Pricing Decisions, Concepts and Objectives, Merits and Demerits of Budgetary Control, Fixed and Flexible Budget, Cash Budget and master Budget, Zero based Budgeting, Need of reconciliation, Remodeling Financial Records, Reconciliation of Profits, Methods of Reconciliation.

Taxation

Basic Concepts and definitions, Capital and Revenue Receipts, Basis of charge and scope of total income, Residential status and incidence of tax, Income, which do not form part of total income, Introduction, Direct Tax & Indirect Tax, Constitutional Validity of Taxes, Administration of Tax Laws, Sources of Income Tax Laws in India, Basic Principles for Charging Income Tax, Assessment Year, General Points to be kept in Mind Regarding Residential Status of a Person, Determination of Residential Status, Incidence of Tax, Income Received in India.

Principal of Auditing & Governance & Company Law

Detection and prevention of Errors, Detection and prevention of frauds, Advantages of audit to the owners of the business, Advantages of Auditing to others, Limitations of Auditing, Non-detection of errors or frauds, Dependence on explanation by others, Dependence on opinions of others, Conflict with others, Effect of inflation, Corrupt practices to influence the auditors, No assurance, Inherent limitations of the financial statements, Detailed checking not possible, Auditing is a post mortem examination of accounts, Distinction between accounting and auditing

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Diploma in Financial Accounting https://onlinediploma.in/product/diploma-in-financial-accounting/ Thu, 31 Oct 2019 06:38:22 +0000 https://onlinediploma.in/?post_type=product&p=3047 Diploma in Accounting and Finance for students having interest in accounts and finance. Financial Accounting is the process of recording, summarizing and reporting transactions and revenue-expense generations in a time period. For example, investors or sponsors need to verify an account statement before showing interest in associating with the business.]]> Course Name: Diploma in Financial Accounting (DFA)

Course Id: DFA/Q0001.
Education Qualification: 12th Pass.

Duration: 370 Hrs.

How You will Get Diploma Certificate:

Step 1- Select your Course for Certification.

Step 2- Click on Enroll Now.

Step 3- Proceed to Enroll Now.

Step 4- Fill Your Billing Details and Proceed to Pay.

Step 5- You Will be Redirected to Payment Gateway, Pay Course and Exam Fee by Following Options.

Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.

Step 6- After Payment You will receive Study Material on your email id.

Step 7- After Completion of  Course Study give Online Examination.

Step 8- After Online Examination you will get Diploma Certificate soft copy(Scan Copy) and Hard Copy(Original With Seal and Sign).

Step 9- After Certification you will receive Prospect Job Opportunities as per your Interest Area.

Online Examination Detail:

  • Duration- 120 minutes.
  • No. of Questions- 60. (Multiple Choice Questions).
  • 10 Questions from each module, each carry 10 marks.
  • Maximum Marks- 600, Passing Marks- 40%.
  • There is no negative marking in this module.
How Students will be Graded:
S.No. Marks Grade
1 91-100 O (Outstanding)
2 81-90 A (Excellent)
3 71-80 A (Very Good)
4 61-70 B (Good)
5 51-60 C (Average)
6 41-50 P (Pass)
7 0-40 F (Fail)

Benefits of Certification:

  • Government Authorized Assessment Agency Certification.
  • Certificate Valid for Lifetime.
  • Lifetime Verification of Certificate.
  • Free Job Assistance as per your Interest Area.

Syllabus

Diploma in Financial Accounting
 Financial Accounting

Accounting as an information system, the users of financial accounting information and their needs,  Qualitative characteristics of accounting, information, Functions, advantages and limitations of accounting, Branches of accounting, Bases of accounting; cash basis and accrual basis. ii. The nature of financial accounting principles – Basic concepts and conventions: entity, money measurement, going concern, cost, realization, accruals, periodicity, consistency, prudence (conservatism), materiality and full disclosures. iii. Financial accounting standards: Concept, benefits, procedure for issuing accounting standards in India.

Cost Accounting

Nature, Principles, Objectives, Importance and Limitations of Cost Accounting; Installation of an Ideal Costing System: Steps in installing a Costing System, Difficulties in installing a Costing System, . Purchase; Centralized purchasing, decentralized purchasing, Purchase procedure, Stores department, classification and codification, Bin Card, Two Bin System, stores ledger card, Difference between store ledger and Bin Card, treatment of spoilage, wastage and scrap of material, Requisition note, Material returned note, Material transfer note, Methods of pricing of Material issued: Cost price methods, Average cost price methods and Notional price method.

Financial Reporting

Understand the content and purpose of the income statement and balance sheet, See how the trial balance is used to create the balance sheet and income statement, Construct the balance sheet and income statement, Understand complex accounting transactions and how they relate to accounting principles, Recognize the impact of judgment and bias on financial statements and accounting practices, Record advanced business transactions as journal entries, Understand where financial statement information originates,  Record business transactions as journal entries.

Management Accounting

The Process of Management: Planning; Decision-making; Strategy Formulation, Organizing: Basic Considerations; Departmentation – Functional, Project, Matrix and Network; Delegation and Decentralization of Authority; Groups and Teams, Marketing Management: Marketing Concept; Marketing Mix; Product Life Cycle; Pricing Policies and Practices Financial Management: Concept and Objectives; Sources of Funds – Equity Shares, Debentures, Venture Capital and Lease Finance. Securities Market, Role of SEBI. Human Resource Management: Concept and Functions; Basic Dynamics of Employer – Employee Relations. Analysis of financial statements, users of financial statements, tools of financial statement analysis – Comparative statements, common size statements and trend analysis.

Taxation

Tax planning, tax management, tax evasion, tax avoidance; Corporate tax in India; Types of companies; Residential status of companies and tax incidence; Tax liability and minimum alternate tax; Tax on distributed profits, Tax planning with reference to setting up of a new business: Locational aspect, nature of business, form of organization; Tax planning with reference to financial management decision – Capital structure, dividend including deemed dividend and bonus shares; Tax planning with reference to sale of scientific research assets, Tax planning with reference to specific management decisions – Make or buy; own or lease; repair or replace Tax planning with reference to employees’ remuneration Tax planning with reference to receipt of insurance compensation.

Principal of Auditing & Governance & Company Law

Meaning, Scope, Objective and Limitation of Auditing, Audit Process, Classification of Audit – Interim, Final and Continuous Audit, Internal and External Audit, Audit Standards and Audit Guidelines, Commencement and Conducting an Audit, Audit Programme, Audit Files and Working Papers, Test Checking and Routine Checking, Audit Evidence, Difference between Audit and Investigation, Auditing in Computerized Accounting system: Statutory Audit, Voucher verification, Verification of related party transaction, CAAT: Various Tools.

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