Conceptual Framework of Accounting

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Free Online Course: Conceptual Framework of Accounting provided by Swayam is a comprehensive online course, which lasts for 15 weeks long. The course is taught in English and is free of charge. Upon completion of the course, you can receive an e-certificate from Swayam. Conceptual Framework of Accounting is taught by CA Amita Bissa.

Overview
  • This course deals with familiarizing students with the conceptual and theoretical framework of accounting and making them understand the art and science of applying fundamentals of accounting concepts and conventions and to present the financial statements in the true and fair manner. The students shall be provided practical labs to apply the accounting concepts via application software like Tally ERP, Busy etc. The special accounting treatments like Joint venture, Hire Purchase, Consignment etc shall also be taught.

Syllabus
  • COURSE LAYOUT

    Week 1 1. Introduction 2. Accounting as Information System 3. Theoretical framework of accountingWeek 1
    Week 2 1. Financial accounting Part-1 2. Financial Accounting Part-2 3. Financial Accounting Part-3 4. Accounting Standards as Introduction 5. Accounting Standards Part -1 (34)
    Week 3 : 1. Accounting Standards-2 (39) 2. Accounting Standards-3 (40) 3. Accounting Standards-4 (41)
    Week 4 : 1. Journal Entries (31) 2. Leger Posting and Trial balance (32) 3. Journalizing Transactions (33) 4. Trial balance and Rectification of errors (35)
    Week 5 : 1. Final accounts Part -1 (36) 2. Final account Part -2 (37) 3. Final account Part -3 (38)
    Week 6 : 1. Introduction to IND AS 2. Study of Indian Accounting Standards 3. Accounting Process
    Week 7 : 1. Preparation of Balance Sheet 2. Computerized Accounting System 3. Practical Lab
    Week 8 : 1. Processing Transactions in Tally 2. Recording Transactions in Tally 3. Functionality of Tally
    Week 9 : 1. Inventory Management 2. Depreciation 3. Methods of DepreciationWeek 10 : 1. Inventory Management: Getting functional with tally 2. Different Methods of Inventory Valuation 3. Concept of Revenue and CapitalWeek 11 : 1. Hire Purchase Accounting 2. Consignment- Part-1 3. Consignment Part-2Week 12 : 1. Joint Venture 2. Branch Accounting -1 3. Branch Accounting-2 4. Partnership