Certificate Course in Introduction to Financial Accounting

Ramnarain Ruia Autonomous College

Matunga, Mumbai

CERTIFICATE COURSE IN

 

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,

expense

  • 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 

(15)

Module 2:

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

(15)

Module 3:

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

(15)

 

 

 

 

 

 



 

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