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Business Accounting

Business accounting is the process of tracking and managing a company’s financial transactions, which includes recording, classifying, summarizing, and interpreting financial data. It’s essential for ensuring that businesses maintain accurate records for legal compliance, tax purposes, and decision-making. Many small to medium-sized businesses outsource accounting functions to external firms or hire freelance accountants. This allows them to focus on their core business activities while ensuring professional management of their finances.

Course Details

This course provides a comprehensive introduction to the principles and practices of business accounting. Designed for beginners or those new to the field, it covers essential accounting concepts, tools, and techniques necessary to manage business finances efficiently. Students will gain the skills to create, analyze, and interpret key financial statements, make informed financial decisions, and understand regulatory requirements.

Detailed Course Curriculum

  • 1. Introduction
  • 2. Accounting Concepts
  • 3.Capital & Revenue Transactions
  • 4. Accounts Documents
  • 5. Journal Entries
  • 6. Depreciation
  • 7. Stock Valuation
  • 8. Year-end Adjustments
  • 9. Final Accounts
  • 10. Rectification of Errors
  • 11. BRS
  • 12. Projects on preparation of Books of Accounts Online Journal Rntry Test - JET