Office Accountant - LSC / Q2101
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Objective: To provide an insight into the fundamentals of Financial Accounting and its principles.
Study Note: 1 – Process of Accounting
Introduction – Definition – Accounting Cycle – Objectives of Accounting – Basic Accounting Terms – GAAP – ACC – Events & Transactions – Voucher – The concepts of "Accounts" Debit & Credit – Types of Accounts – The Accounting Process – Accounting Equation – Accrual Basis & Cash basis of Accounting-Capital & Revenue Transactions – Accounting Standards – Double Entry System, Books of Prime Entry, Subsidiary Books – Trial Balance – Measurement, valuation & Accounting Estimates – Opening entries – Transfer entries and Rectification entries
Study Note: 2 – Accounting for Depreciation
Introduction – Certain useful terms – Nature of Depreciation-Causes of Depreciation – Characteristics of Depreciation Objective of and necessity for providing Depreciation – Measurement of Depreciation – Methods of charging Depreciation – Provision for Depreciation account – Disposal of an asset – Profit or loss on sale of assets – Methods of Depreciation calculation – Change of method – Protoective and Retrospective – Application of AS6 Depreciation accounting – Application of A510 Accounting for Fixed Assets
Study Note:3 – Preparation of Final Accounting
Introduction – Preparation of Financial Statements – Bad debts – Preparation of Financial statements of Non-Profit Organizations
Study Note: 4 – O2C (Order to Cash)
Introduction – Accounts receivable – O2C operations – Commercial and Accounting transactions in the O2C cycle
Study Note: 5 – P2P (Procure to Pay)
Introduction – Outsourcing of P2P – Maintenance of documents – Procurement activities – Accounting entries for P2P process
Study Note: 6 – Practical & Assignment – (100 Hrs)
MS Office – MS Excel – Speed in Typewriting 25 WPM
| Sl.No | Course NSQF Code | Course | Session | Assignment & Practical | Fee Details | Total Course Fee |
|---|---|---|---|---|---|---|
| 1 | LSC/Q2101 | Office Accountant | 40 Hrs | 100 Hrs |
TNASDCL – Rs. 1,000 AAC – Rs. 5,000 CENTRE – Rs. 6,000 |
Rs. 12,000 |