Topics
Overview of Computerised Accounting System
- Introduction to Computerised Accounting System
- Computerised Accounting System
- Components of Computerised Accounting System
- Features of Computerised Accounting System
- Grouping of Accounts
- Codification of Accounts
- Methodology to Develop Coding Structure and Coding
- Using Software of Computerised Accounting System
- Advantages of Computerised Accounting System
- Limitations of Computerised Accounting System
- Accounting Information System (AIS)
- Structure of Computerised Accounting System
- Computerised Accounting System (CAS) - Software Packages
- Steps in Installation of CAS (Computerised Accounting System)
- Codification and Hierarchy of Account Heads
- Using Computerized Accounting System - Creation of Accounts
- Using Computerized Accounting System
- Need and Security Features of the Computerized Accounting System
Accountancy I : Not-for-profit Organisation and Partnership Accounts
Accounting for Not-for-Profit Organisation
- Accounts of “Not for Profit” Concerns
- Features of "Not for Profit" Concerns.
- Accounting Records of "Not for Profit" Organisations
- Receipts and Payments Account
- Preparation of Receipts and Payments Account
- Feature of Receipts and Payments Account
- Difference Between Income and Expenditure Account and Profit and Loss Account.
- Preparation of Income and Expenditure Account
- Feature of Income and Expenditure Account
- Preparation of Balance Sheet
- Some Peculiar Items
- Income and Expenditure Account Based on Trial Balance
Accounting for Partnership : Basic Concepts
Reconstitution of a Partnership Firm – Admission of a Partner
- Modes of Reconstitution of a Partnership Firm
- Admission of a New Partner
- Retirement and Death of a Partner - Calculation of New Profit Sharing Ratio
- Retirement and Death of a Partner - Sacrificing Ratio
- Concept of Goodwill
- Adjustment for Accumulated Profits and Losses
- Accounting for Revaluation of Assets and Reassessment of Liabilities
- Admission of a Partner - Adjustment of Capitals
- Change in Profit Sharing Ratio Among the Existing Partners
- Admission of a Partner - Treatment of Goodwill
- Retirement Or Death of a Partner - Treatment of Goodwill
- Factors Affecting Goodwill
- Methods of Valuation of Goodwill
- Treatment of Goodwill
Reconstitution of a Partnership Firm – Retirement/Death of a Partner
- Ascertaining the Amount Due to Retiring/Deceased Partner
- Retirement and Death of a Partner - Calculation of New Profit Sharing Ratio
- Retirement and Death of a Partner - Gaining Ratio
- Concept of Goodwill
- Retirement or Death of a Partner - Revaluation of Assets and Liabilities
- Retirement or Death of a Partner - Adjustment of Accumulated Profits and Losses
- Disposal of Amount Due to Retiring Partner
- Adjustment of Partners’ Capitals
- Meaning of Retirement or Death of a Partner
Dissolution of Partnership Firm
Spreadsheet
- Introduction to Spreadsheet
- Basic Concepts of Spreadsheet
- Labels
- Formulas
- Functions
- Other Useful Functions
- Date and Time Function
- Mathematical Function
- Text Manipulation Function
- Logical Function
- Lookup and References Function
- Financial Functions
- Data Entry, Text Management and Cell Formatting
- Data Entry
- Data Validation
- Data Validation Form
- Data Formatting
- Output Reports
- Preparation of Reports Using Pivot Table
- Advantages of Pivot Table (Report)
- Common Errors (Messages) in Spreadsheet
- Data Representation - Graphs, Charts and Diagrams
- Concept of Electronic Spreadsheet (ES)
- Features Offered by Electronic Spreadsheet
- Using Computerised Accounting System - Data
Accountancy II : Company Accounts and Analysis of Financial Statements
Accounting for Share Capital
Issue and Redemption of Debentures
- Meaning of Debentures
- Distinction Between Shares and Debentures
- Types of Debentures
- Issue of Debentures
- Over Subscription of Shares
- Issue of Debentures for Consideration Other than Cash
- Issue of Debentures as Collateral Security for a Loan
- Issue of Debentures with Terms of Redemption
- Interest on Debentures
- Writing off Discount/Loss on Issue of Debentures
- Redemption of Debentures
Financial Statements of a Company
Analysis of Financial Statements
Accounting Ratios
Cash Flow Statement
- Concept of Cash Flow Statement
- Benefits of Cash Flow Statement
- Cash and Cash Equivalents
- Classification of Activities for the Preparation of Cash Flow Statement
- Ascertaining Cash Flow from Operating Activities
- Ascertainment of Cash Flow from Investing and Financing Activities
- Preparation of Cash Flow Statement
Accounting for Partnership Firms and Companies
Use of Spreadsheet in Business Applications
- Introduction to Use of Spreadsheet in Business Application
- Payroll Accounting
- Payroll Components
- Elements Used in Payroll Calculation
- Template Design
- Asset Accounting
- Introduction to Asset Accounting
- Computerised Asset Accounting
- Straight Line Method
- Written Down Value (WDV) Method
- Schedule Forming Part of the Balance Sheet
- Loan Repayment Schedule
- Application in Generating Accounting Information - Bank Reconciliation Statement
- Application in Generating Accounting Information - Asset Accounting
- Application in Generating Accounting Information - Loan Repayment of Loan Schedule
- Application in Generating Accounting Information - Ratio Analysis
Accounting for Partnership Firms
- Meaning and Definitions of Partnership and Partnership Deed
- The Indian Partnership Act 1932
- Methods of Capital Accounts - Fixed and Fluctuating Capital Method
- Preparation of Profit and Loss Appropriation Account
- Division of Profit Among Partners
- Guarantee of Profits to a Partner
- Concept of Goodwill
- Factors Affecting Goodwill
- Accounting for Partnership Firms - Reconstitution and Dissolution
- Change in the Profit Sharing Ratio Among the Existing Partners
- Admission of a Partner - Sacrifice Ratio and New Ratio
- Change in the Profit Sharing Ratio Among the Existing Partners - Treatment of Reserves and Accumulated Profits
- Accounting for Revaluation of Assets and Reassessment of Liabilities
- Preparation of Revaluation Account and Balance Sheet
- Effect of Admission of a Partner on Change in the Profit Sharing Ratio
- Admission of a Partner - Treatment of Goodwill
- Change in the Profit Sharing Ratio Among the Existing Partners - Gaining Ratio
- Admission of a Partner - Revaluation of Assets and Liabilities
- Admission of a Partner - Treatment of Reserves and Accumulated Profits
- Admission of a Partner - Adjustment of Capitals
- Admission of a Partner - Preparation of Balance Sheet
- Retirement and Death of a Partner - Effect of Retirement I Death of a Partner on Change in Profit Sharing Ratio
- Retirement Or Death of a Partner - Treatment of Goodwill
- Retirement or Death of a Partner - Revaluation of Assets and Liabilities
- Retirement Or Death of a Partner - Adjustment of Accumulated Profits and Reserves
- Retirement Or Death of a Partner - Adjustment of Capitals
- Retirement and Death of a Partner - Preparation of Balance Sheet
- Retirement Or Death of a Partner - Preparation of Loan Account of the Retiring Partner
- Calculation of Deceased Partner's Share of Profit Till the Date of Death
- Preparation of Deceased Partner's Capital Account, Executor's Account
- Dissolution of Partnership Firm
- Types of Dissolution of a Firm
- Dissolution of a Partnership Firm - Settlement of Accounts
- Dissolution of a Partnership Firm - Preparation of Realization Account, and Other Related Accounts
- Past adjustments
Accounting for Companies
- Accounting for Companies - Introduction
- Theory on Shares
- Types of Shares - Preference Shares Equity Shares
- Accounting for Share Capital
- Nature and Types of Share and Share Capital
- Share Capital - Issue and Allotment of Equity Shares
- Employee Stock Option Plan (ESOP)
- Private Placement of Shares
- Public Subscription of Shares
- Over Subscription of Shares
- Under Subscription of Shares
- Issue at Par and Premium and at Discount
- Calls in Advance and Arrears
- Issue of Shares for Consideration Other than Cash
- Accounting Treatment of Forfeiture and Re-issue of Share
- Pro-rata Allotment
- Disclosure of Share Capital in Company’s Balance Sheet (Horizontal Form)
- Concept of Private Placement
- Meaning and Concept of Debentures
- Issue of Debentures at Par at Premium and at Discount
- Issue of Debentures for Consideration Other than Cash
- Issue of Debentures with Terms of Redemption
- Issue of Debentures as Collateral Security for a Loan
- Interest on Debentures
- Redemption of Debentures for Immediate Cancellation - Draw of Lots, Lump Sum and Purchase in the Open Market
- Creation of Debenture Redemption Reserve
- Accounting for Debentures - Conversion Method
- Meaning of Redemption of Debentures
Graphs and Charts for Business Data
Financial Statement Analysis
Analysis of Financial Statements
- Financial Statements of a Company
- Statement of Profit and Loss and Balance Sheet in the Prescribed Form with Major Headings and Sub Headings
- Concept of Financial Statement Analysis
- Comparative Statements
- Common Size Statements
- Cash Flow Analysis
- Ratio Analysis and its Types
- Concept of Accounting Ratios
- Liquidity Ratios
- Solvency Ratios - Debt to Equity Ratio
- Solvency Ratios - Debt to Total Assets Ratio
- Solvency Ratios - Proprietary Ratio
- Solvency Ratios - Interest Coverage Ratio
- Activity Ratios - Inventory Turnover Ratio
- Activity Ratios - Trade Receivables Turnover Ratio
- Activity Ratios - Trade Payables Turnover Ratio
- Activity Ratios - Working Capital Turnover Ratio
- Profltabtltty Ratios - Gross Profit Ratio
- Profitability Ratios - Net Profit Ratio
- Profitability Ratios - Operating Ratio
- Profitability Ratios - Operating Profit Ratio
- Profitability Ratios - Earning per Share
- Profitability Ratios - Price Earning Ratio
- Profitability Ratios - Return on Investment
Cash Flow Statement
Accountancy : Computerised Accounting System
Data Base Management System for Accounting
- Introduction Data Base Management System for Accounting
- Database Management System (DBMS)
- Features of Database Management System (DBMS)
- Understanding and Defining the Database Requirement
- Identification of Data to Be Stored in Tables
- Logical Structuring of Data in Tables
- Creating Database Tables in Microsoft Access
- Creation of Query in Microsoft Access
- Creation of Forms in Microsoft Access
- Creation of Reports in Microsoft Access
Trade Receivable Turnover Ratio: = Credit Revenue from Operation/Average Trade Receivable
Credit Revenue from Operation = Revenue from Operation – Cash Revenue from Operation
Average Trade Receivables = Opening Trade Receivable + Closing Trade Receivable/2
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