Course / Course Details
By - Ms Sahana S
MODULE I: CONCEPTUAL
BASIS AND FRAMEWORK OF ACCOUNTING (15 HOURS)
Meaning of Accounting;
Objectives of Financial Accounting and Reporting – Users of Financial
Accounting Information – Limitations of Accounting –Basic terms in accounting-
Accounting Concepts & Conventions, GAAP; Accounting Cycle – Classification
of Accounts (based on Accounting Equation Method) – Process of Journalising –
Posting to Ledgers – Preparation of Trial Balance.
MODULE
II: FINAL
ACCOUNTS OF SOLE TRADING CONCERN (15 HOURS)
Preparation of Final
Accounts of a Sole Trade – Meaning of Final Accounts -Trading Account –
Meaning, Purpose and Preparation- Profit and Loss Account- Meaning, Purpose and
Preparation. Balance Sheet- – Problems on preparation of Trading & Profit
& Loss Account and Balance Sheet.
BASIC UNDERSTANDING OF JOURNAL ENTRIES, LEDGERS AND TRIAL BALANCE.
BASIC UNDERSTANDING OF FINAL ACCOUNTS OF SOLE TRADING CONCERN.
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Intermediate
Duration 30 Hours
Lectures 14 lessons
Enrolled 17 students
Category: School of Business and Management
0 Quizzes
Language: English
Skill Level Beginner
Certificate of Completion
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