Centre for Online Education - BCOC-131- Financial Accounting

Offered bySwayam

BCOC-131- Financial Accounting
at
Swayam
Overview

You'll gain a solid understanding of financial accounting principles and their application in the business world

Duration	16 weeks
Start from	Start Now
Mode of learning	Online
Official Website	Go to Website
Credential	Certificate

BCOC-131- Financial Accounting
at
Swayam
Highlights

Earn a certificate from IGNOU
Learn from industry experts

BCOC-131- Financial Accounting
at
Swayam
Course details

Skills you will learn

Financial modelling Accounting

Who should do this course?

Students pursuing degrees in accounting, finance, business, economics, or related fields
Small business owners and entrepreneurs who need to understand financial statements and accounting principles to manage their businesses effectively
Professionals who analyze financial data to provide insights and recommendations for investment, budgeting, and financial planning

What are the course deliverables?

Apply the basic accounting equation to analyze business transactions
Classify business transactions into the fundamental accounting elements
Prepare and interpret the general ledger, trial balance, and financial statements
Analyze and interpret financial ratios to assess a company's financial performance and position
Explain the ethical considerations in financial accounting

More about this course

Accounting helps the decision-makers of a company to make effective choices, by providing information on the financial status of the business
Today, accounting is used by everyone and a good understanding of it is beneficial to all. Accountancy act as a language of finance
To understand accounting efficiently it is important to understand the different aspects of accounting i.e. Economic Events, Identification, Measurement, Recording, and Communication, and Interested Users of Information
The course mainly focuses on the theoretical framework of Accounting, Accounting Process, Preparation of Financial Statements, Understanding and Interpretation of Financial Statements that helps the different stakeholder to understand and interpret the financial position of business in a very transparent and fair manner
This course also focuses on the emerging need of computer accounting in the present business environment as the use of technology helps in accuracy, reliability and security of financial information on the basis of which policy decisions are taken

BCOC-131- Financial Accounting
at
Swayam
Curriculum

BLOCK 1: THEORETICAL FRAMEWORK

Unit-1: Nature and Scope of Accounting

Unit-2: Accounting Process and Rules

Unit-3: Accounting Principles

Unit-4: Accounting Standards

BLOCK 2: ACCOUNTING PROCESS

Unit-5: Journal and Ledger

Unit-6: Subsidiary Books

Unit-7: Trial Balance and Rectification of Errors

BLOCK 3: FINAL ACCOUNTS

Unit-8: Depreciation

Unit-9: Final Accounts-I

Unit-10: Final Accounts-II

BLOCK 4: HIRE PURCHASE AND INLAND BRANCHES

Unit-11: Hire Purchase Accounts-I

Unit-12: Hire Purchase Accounts-II

Unit-13: Branch Accounts-I

Unit-14: Branch Accounts-II

BLOCK 5: CONSIGNMENT AND JOINT VENTURES

Unit-15: Consignment Accounts-I

Unit-16: Consignment Accounts-II

Unit-17: Joint Venture Accounts

BLOCK 6: COMPUTERIZED ACCOUNTING

Unit-18: Introduction to Computer Accounting and Creation of Company

Unit-19: Creating Masters

Unit-20: Voucher Entries and Invoicing

Unit-21: Preparation of Reports

BCOC-131- Financial Accounting
at
Swayam
Faculty details

Dr. N.Rajendra Prasad

Dr. N.Rajendra Prasad is currently Assistant Professor in the School of Management studies in the discipline of Commerce, Indira Gandhi National Open University New Delhi. He has done B. Com from Osmania University. He is a Post Graduate in Commerce and obtained his Ph.D degree from the Department of Commerce, Osmania University. He was a Project Fellow under UGC Major Research Project titled “Financing Cost and Efficient Analysis of Public Hospitals in Andhra Pradesh”. He was ICSSR Doctoral Research Fellow. He is a Life Member of Indian Commerce Association and Telangana Commerce Association. Dr. Prasad has a brilliant academic record. He has been a Guest Faculty in various Colleges and academic institutions. His academic, organizing abilities are well known to the students of Osmania University. He has a number of publications in National and International journals of repute. He is deeply committed personality to the academics. During his PhD tenure he is considered as one of the committed and passionate research scholars of the Department of Commerce, Osmania University. He has also received many best research paper awards at various conferences. He has published many articles in prominent dailies of the Telangana State on different issues such as educational and social issues.