The course consists of 20 Modules as below.
- Introduction to Financial Accounting and Reporting
- GAAP – The pillars and forces influencing ‘Financial Accounting and Reporting’
- Financial Statements – Introduction, Meaning, Structure, and Demystification of major Elements of Financial Statements
- Financial Accounting and Reporting – Process, Structure and Governance
- Financial Reporting Standards - Overview and Comparative Study
- Recording Business Transactions in Primary Books
- Recording of Business Transactions in Principal Books
- Preparation of Trial Balance and Rectification of Errors
- Accounting for Non - Current Assets
- Accounting for and Valuation of Inventories
- Accounting Information Systems – The Physical and Virtual Infrastructure
- Prelude to Preparation of Financial Statements
- Preparation of Financial Statements - Income Statement (or Profit and Loss a/c)
- Preparation of Financial Statements – Statement of Financial Position (Balance Sheet) and Statement of Changes in Equity
- Preparation of Financial Statements - Funds Flow and Cash Flow Statements
- Preparation of Financial Statements in Special Situations
- Accounting for Direct and Indirect Taxes
- Fair Value Accounting
- Financial Statements Analysis and Introduction to Financial Modeling
- Application of Microsoft Excel and VBA for Excel in Financial Accounting and Financial Modeling