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Accounting as a language of business is gaining importance in the fast changing economic scenario, liberalization and globalization being the primary causes for such change. This course in Accountancy provides a firm foundation in basic accounting concept sand also acquaints learners with changes in methodology concerning particular aspects of the subject. The Course flows from developing basic understanding of the nature and purpose of accounting information to computerized accounting to orient learners to the basic knowledge of computers in the business world. The course is divided into 7 modules. The first module on Basic Accounting emphasizes on recording transactions in books of accounts while the second module of Trial Balance and Computers explains about the pre work done for perfect financial statements. The third module in Financial Statements of profit & Not for Profit organizations explains the preparation of financial statements by various organizations. The fourth module in Partnership Accounts explains how various types of accounts are maintained by Partnership firms under various situations. The fifth module in Accounting for Shares and Debentures orients learners of raising capital issuing shares and debentures by companies. The sixth module in Analysis of Financial Statements explains analysis of financial information of business to take corrective future measures while the seventh module in Application of Computer in Financial Accounting orients learners with accounting with the help of computers. This course will prepare learners to logically analyse, evaluate and respond to the changes which effect business transactions providing a firm base for higher education as well as sharpening skills for preparing for self-employment.
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Week 01
L1 : ACCOUNTING – AN INTRODUCTION
L2 : ACCOUNTING CONCEPTS
Week 02
L3 : ACCOUNTING CONVENTIONS AND STANDARDS
Week 03
L4 : ACCOUNTING FOR BUSINESS TRANSACTIONS
L5 : JOURNAL
Week 04
L6 : LEDGER
Week 05
L7 : CASH BOOK
L8 : SPECIAL PURPOSE BOOKS
Week 06
L9 : TRIAL BALANCE
L10 : BANK RECONCILIATION STATEMENT
Week 07
L11 : BILLS OF EXCHANGE
Week 08
L12 : ERRORS AND THEIR RECTIFICATION
L13 : COMPUTER AND COMPUTERISED ACCOUNTING SYSTEM
Week 09
L14 : DEPRECIATION
L15 : PROVISIONS AND RESERVES
Week 10
L16 : FINANCIAL STATEMENTS : AN INTRODUCTION
L17 : FINANCIAL STATEMENTS : I
Week 11
L18 : FINANCIAL STATEMENTS - II
Week 12
L19 : NOT FOR PROFIT ORGANISATION - AN INTRODUCTION
Week 13
L20 : FINANCIAL STATEMENTS (NOT FOR PROFIT ORGANISATION)
Week 14
L21 : ACCOUNTS FROM INCOMPLETE RECORDS
Week 15
L22 : PARTNERSHIP : AN INTRODUCTION
Week 16
L23 : ADMISSION OF A PARTNER
Week 17
L24 : RETIREMENT AND DEATH OF A PARTNER
Week 18
L25 : DISSOLUTION OF PARTNERSHIP FIRM
Week 19
L26 : COMPANY : AN INTRODUCTION
L27 : ISSUE OF SHARES
Week 20
L28 : FORFEITURE OF SHARES
Week 21
L29 : REISSUE OF FORFEITED SHARES
Week 22
L30 : ISSUE OF DEBENTURES
Week 23
L31 : FINANCIAL STATEMENTS ANALYSIS - AN INTRODUCTION
L35 : ELECTRONIC SPREAD SHEET
Week 24
L32 : ACCOUNTING RATIOS - I
L36 : USE OF SPREADSHEET IN BUSINESS APPLICATIONS
Week 25
L33 : ACCOUNTING RATIOS - II
L37 : GRAPHS AND CHARTS
Week 26
L34 : CASH FLOW STATEMENT
L38 : DATABASE MANAGEMENT SYSTEM