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CA Foundation - Accounting

Praveen Kumar

2 modules

Hindi and English

Access for 180 days

Master the core accounting principles for a solid financial future!

Overview

In the course "CA Foundation - Accounting," you will delve into the fundamental principles and concepts of accounting that are essential for any aspiring Chartered Accountant. This comprehensive course covers the basics of accounting, financial statements, recording of transactions, and preparation of accounts. You will learn how to interpret and analyze financial data, make informed business decisions, and understand the impact of financial transactions on an organization. Throughout this course, you will gain a solid understanding of accounting principles such as double-entry bookkeeping, accruals, matching principles, and the importance of maintaining accurate financial records. You will also explore various accounting standards, guidelines, and practices followed globally to ensure transparency and financial reporting integrity. By the end of the course, you will be equipped with the knowledge and skills required to excel in the field of accounting, whether you aim to pursue a career as an auditor, tax consultant, financial analyst, or any other role in the finance industry. This course lays a strong foundation for your future studies in accounting and provides you with the necessary tools to succeed in the challenging world of finance. Join us on this educational journey and unlock your potential in accounting!

Key Highlights

Learn basic accounting principles and concepts

Understand financial statements preparation

Master the fundamentals of double-entry system

Acquire knowledge of accounting standards

Practice accounting for partnership firms

Gain insights into corporate accounting

Explore financial statement analysis

Prepare for the CA Foundation exam with confidence

What you will learn

Basic Accounting Principles

Understand the fundamental accounting principles and concepts used in financial accounting.

Journal Entries and Ledger

Learn to record business transactions using journal entries and maintain accounts in the general ledger.

Financial Statements Preparation

Be able to prepare financial statements including the income statement, balance sheet, and cash flow statement.

Inventory Valuation Methods

Gain knowledge of various inventory valuation methods such as FIFO, LIFO, and weighted average.

Bank Reconciliation and Cash Flow

Understand how to perform bank reconciliations and analyze the cash flow of a business.

Company Account

Learn the concept of Company, Issue of Shares & Debentures, Bonus and Right Issue Buy-back of Equity Shares, Redemption of Debenture etc.

Partnership Accounts

Learn the concept of Partnership, Fundamentals of Partnership, Valuation and Accounting for Goodwill, Admission of New Partner, Retirement and Death of Partner and Dissolution of Partnership Firm

Financial Statement of NPO

Learn the accounting records maintained by Not for Profit Organisation.

Modules

Chapter- 1 Accounting Terminology

1 attachment

Important Terminology

Chapter- 2 Basic Accounting Procedure - Journal

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Can I interact with the instructor during the course?

Absolutely! we are committed to providing an engaging and interactive learning experience. You will have opportunities to interact with them through our community. Take full advantage to enhance your understanding and gain insights directly from the expert.

About the creator

About the creator

Praveen Kumar

In the realm of accountancy education, there exists a beacon of knowledge and guidance in the form of Praveen Verma, an esteemed educator with an impressive 12 years of experience. Praveen Verma has become synonymous with excellence in teaching, particularly in the domains of 11th and 12th-grade accountancy and the prestigious CA Foundation. Praveen Verma stands as a paragon of excellence in accountancy education.

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