Accountant Course
The main object of this Course is to make graduates and under graduates independent in the field of Accounting. One who completes the course is able to undertake the Accounting and Auditing works of any types of institutions whether it is small scale or large scale, trading, non trading Manufacturing, Financial institutions etc… independently.
Academic system of Accounting (Journals – Ledger system)
Basic Principles of Accounting – Journalizing – Ledger Posting – Balancing Preparation of Trail Balance and finalization of accounts such as preparation of Trading account, profit and loss Account and Balance Sheet.
Practical Accounting
1) Day Book- Ledger system of Accounting
2) Cash Book – Subsidiary Book – Ledger System.
Day Book- Ledger system of Accounting
Recording entries in the Day Book – Posting to Ledger Accounts Balancing, Preparation of Trail Balance, Schedules for Purchases, Sales, Sundry Debtors, Sundry Creditors, Closing Stock etc… Valuation of Closing Stock in different ways Preparation of Final Accounts such as Trading Accounts, Profit and Loss Account and Balance sheet. Preparation and submission of all Legal documents and statements to produce before the Tax Authorities for getting Tax exemption, deduction refund and reimbursement of Taxes.
- Preparation of Accounts Of different types of Institutions
- Preparation of accounts of Trading Institution based on Tribunal and High Court Judgement.
- Preparation of Stock Registers
- Preparation of manufacturing account, Trading account profit and Loss
- Account and Balance sheet.
- Preparation of project report over draft from bank.
Cash Book – Subsidiary Book – Ledger system
This system of practical accounting is followed by large scale organization having different departments like purchase department, Sales department, Cash department etc… and a group of accountants are working in different departments Preparation of Cash Book – Purchases Day Book – Sales Day Book – Purchases Returns Book – Sales Returns Book – Bills Receivable Book – Bills Payable Book and a Journal Proper. General Ledger – Debtors Ledger – Creditors Ledger Purchases Register – Sales Register – Cheque Receivable Register – Cheque Payable Register Preparation of Schedules -Trail Balance – Computation of Stock, Depreciation – Bad debts – Provision and Reserve for Bad debts and discounts etc. Preparation of Final Accounts.
VAT
General Study of K.V.A.T – General awareness of Value Added Tax – Input Tax Output Tax – Set off – Special Rebate – Purchases Tax u/s 6(2) – Turnover - Registerable minimum Turnover- Refund of tax – Registration procedure Preparation and Filing of VAT and other Tax Returns – Assessment – Appeal and revision to High Court,
KGST
General awareness of KGST Act and Rules – Historical data – need for VAT system – Problems in KGST – Single point tax – point of levy – Schedules in KGST - ST, AST, Surcharge, Forms
CST
ST Registration – Inter – State transactions – use of Forms like ‘C’Form, ‘D’ form ‘E1’form, ‘E11’ form , ‘F’ form, ‘H’ form etc…
SERVICE TAX
Act and Rules – Taxable Services – Rate of ST – EC – HEC – Collection – Payment Refund of Tax – Case Laws etc…
INCOME TAX
General awareness of Income Tax – Assesses – Assessment year- Previous year – Resident – non- resident – Taxable Income – Heads of Income – Filing of returns etc.
TALLY 9
Eligibility – Plus 2 & Above.
Total Fee – Rs. 9,651 (Including ST)
On Admission – Rs. 4,500 (Balance after 1 Month)
Duration for Regular Batch – 2 Months.
Duration for Sunday Batch – 4 Months.
