S P Mandali

Ramnarain Ruia Autonomous College

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Re-accredited with 'A+' grade (3.70 CGPA) by NAAC (4th Cycle 2017)

Certificate Course in Introduction to Financial Accounting

Ramnarain Ruia Autonomous College

Matunga, Mumbai



Introduction to Financial Accounting



Organised by


Department of Commerce









  1. General Information


Course Coordinator: Dr. Urmila Moon

Name: Certificate Course in Introduction to  Financial Accounting                                           

Contact Details:       Dr. Urmila Moon

Head-Department of Commerce

RamnarainRuia Autonomous College,

Matunga, Mumbai 400 019

Mob. 9820003763 


Number of Credits: 3

Number of Hours: 45

Admission Criteria:Open to all

Number of Seats: Minimum 10 students

Course Fees:  10,000/-

Tentative Schedule for the Course: (October to February)

Evaluation: Assignment based on problems.

Rubrics for Scoring in assignment:

  • Clarity of Financial concepts : 25 Marks
  • Calculations: 50 Marks
  • Completion of Assignment:   25 Marks

Course Outcome:

Upon completion of the course the students will be able to:

  • Identify and relate to various terminologies and concepts of commerce, finance and accounts
  • Identify information of financial statements.
  • Demonstrate knowledge of accounting steps
  • Apply the main accounting elements: assets, liabilities, income,


  • Prepare financial statements – income statement and balance sheet.
  • Apply ratios and analyse financial statements
  • Prepare working capital statements

2.                        Course Contents

Certificate Course in Introduction to Financial Accounting2019-20 

Module 1:

  • Basic Accounting terms, Types of Accounts ,Double Entry Book Keeping System
  • Journal , Journal Entries, Ledger Accounts, Ledger Posting 


Module 2:

  • Trading Account, Profitability /Income statement, Profit and Loss Appropriation Account, Balance Sheet
  • Ratios.


Module 3:

  • Statement of Working Capital
  • Statement of Cash flow – meaning- importance









Contact With Us

Ramnarain Ruia Autonomous College

Contact Information

Ramnarain Ruia Autonomous College

Address : L. N. Road, Matunga (East), Mumbai 400 019

022 2414 3098 / 022 24143119