If you wish to be in charge of the Accounts or Tax compliances of any entity making you the go-to person for Finance, then this Finance course is just perfect for you. Theoretically, you might know the basic concepts but do you know how to practically apply them in your professional life? But don’t worry because we here to teach you that.
This course includes Accounts, Basics of Audit (Statutory Audit & Internal Audit), Basics of Income Tax, and Basics of Goods & Service Tax. The course is designed in such a way that every topic is taught from scratch. The course has dual learnings of concepts & practical works.
What this course covers:
Accounts
- Introduction to Financial Statements
- Golden terms and Golden rules of accounting
- Specific Accounting Concepts
- Bank and Cash, including Bank reconciliation
- Inter-relation between accounts and taxes
- Accounts Receivable & Accounts Payable (AR/AP)
- Year-end/ Month-end closure
- Monthly Information System (MIS)
- Importance of File Building and documentation
- Tally
Core Finance/ Audit
Statutory Audit
- Meaning and requirement
- Understanding of business operations
- Pre-audit checks
- Audit checks – verification and reconciliations
Internal Audit
- Meaning and requirement
- SOP and its understanding
- Verification of processes (finance angle) – Purchases, Sales and Payroll
Taxes
GST
- Basics of GST
- Important concepts : Supply, Tax Invoice, ITC, Payment, Refund, HSN and Rates
- Basic compliances: Registration, periodic returns, Set-off mechanism
- Statutory timelines
- Important Websites
Income Tax
- Basics of 5 Heads of Income
- PAN and TAN
- TDS: Accounting, returns, rate & payment
- Important concepts: Form 26AS, Advance tax, Self assessment tax and ITR-1
- Computation of taxable income
- Important Websites
Softwares Included
- Excel
- PowerPoint
- Tally
Value Added Services
- Resume Preparation & Review
- Employability Training
- Email Etiquettes
- Mock Interview
- Interview Guarantee
Who should do this Course?
- If you want practical knowledge of GST, Income Tax and Accounts
- Anyone who wishes to work in the finance team of a Company
- If you are planning to begin your career in an accounting or CA firms
- Wanting to start your own accounts and tax practice
- If you want to pursue CA/ CS/ CWA but are not sure of it
Eligibility:
- Absolutely no knowledge is required. We will start from the basics and gradually build up your knowledge.
- Laptop with MS office (Optional – you could rent a laptop from us for the course duration)