Comprehensive Accounting Course for B.Com Graduates (Aspiring Accountants)
Objective: This course is designed to equip B.Com graduates with the practical skills required for an accountant’s role. It covers core accounting principles, journal entries, reconciliations, statutory filings, and financial reporting.
Total Course Duration: 80 Hours
Accounting Principles & Journal Entries: 16 Hours
Reconciliations & Financial Statements: 20 Hours
Statutory Filings & Compliance: 18 Hours
Accounting Software & Practical Training: 20 Hours
Final Project & Certification: 6 Hours
Module 1: Fundamentals of Accounting (6 Hours)
- Overview of accounting concepts and principles
- Double-entry system of accounting
- Accounting cycle and financial statements
- Types of accounts (Personal, Real, Nominal)
- Golden rules of accounting
Module 2: Recording Business Transactions (10 Hours)
- Introduction to journal entries
- Passing entries for different types of transactions
- Cash & bank transactions
- Credit purchases & sales
- Adjustments & accruals
- Depreciation & amortization
- Salary, rent, and other expenses
- Posting transactions to the ledger
- Preparing a trial balance
Module 3: Bank & Cash Reconciliations (8 Hours)
- Purpose and importance of reconciliations
- Preparing a bank reconciliation statement (BRS)
- Identifying and correcting discrepancies
- Petty cash book and cash reconciliation
Module 4: Accounts Payable & Receivable Management (8 Hours)
- Vendor and customer ledger maintenance
- Invoice processing and payment tracking
- Aging analysis of receivables and payables
- Credit control measures and bad debt provisions
Module 5: Financial Statements & Final Accounts (12 Hours)
- Preparation of profit & loss account
- Preparation of balance sheet
- Adjustments (prepaid, outstanding, depreciation, bad debts)
- Cash flow statement basics
- Ratio analysis for financial decision-making
Module 6: Taxation & Statutory Filings (12 Hours)
- Overview of direct and indirect taxes
- GST (Goods & Services Tax) – GST basics & applicability, GST returns filing (GSTR-1, GSTR-3B, GSTR-9), Input tax credit (ITC) reconciliation
- TDS (Tax Deducted at Source) – TDS rates and applicability, TDS return filing process, Late filing penalties and compliance
- Income Tax for Businesses – Basics of corporate tax filing, Tax audits and compliance
Module 7: Payroll Processing & Compliance (6 Hours)
- Salary structure components (Basic, HRA, PF, ESI, etc.) reconciliation
- Payroll accounting entries
- Employee Provident Fund (EPF) & Employee State Insurance (ESI) compliance
- Professional tax and labor laws
Module 8: Accounting Software Training (10 Hours)
- Introduction to Tally ERP / Tally Prime
- Using QuickBooks / Zoho Books for accounting
- Generating reports and statements
- Automation of journal entries and reconciliations
- Importing and exporting data in Excel
Module 9: Audit & Internal Control (6 Hours)
- Introduction to statutory and internal audits
- Common audit procedures and compliance checks
- Preventing fraud and errors through internal control measures
- Documentation and working papers
Module 10: Business & Corporate Compliance (6 Hours)
- ROC (Registrar of Companies) filings
- Annual returns and compliance checklist
- Understanding financial disclosures and reporting requirements
- Basics of corporate governance
Final Project & Certification (6 Hours)
- Preparing financial statements and GST filings for a case study
- Conducting bank reconciliations and journal adjustments
- Final assessment and feedback
- Certification of completion
This course ensures practical knowledge and hands-on training to help B.Com graduates transition smoothly into an accountant role.