Diploma In Financial Accounting


Diploma in Financial Accounting is a job oriented financial accounting course covering all aspects of accounting and taxation from experienced accounts and tax practitioners.

In this course you will learn about various aspects of financial accounting such as manual accounting, computerized accounting, income tax, goods and services tax, payroll management and advanced excel. All the modules will be taught in a practical manner so that you can have complete knowledge in all aspects.

Through this course you will acquire skills in Finance, Income Tax, Accounting, HR, etc. Thus you are eligible to apply for multiple job roles.

Duration: 12 months

diploma in financial accounting

Professional accountants or e-accountants are becoming an essential job in the business industry and play a very important role in the success of many businesses. Employment of accountants is projected to grow by 15% from 2020 to 2030, faster than the average for all other jobs.
My Computer Institute believes in learning before earning and our advanced accounting course gives you quality education while promoting a career in accounting. The Advanced Diploma in Financial Accounting course develops analytical skills and provides a solid foundation and professional competence in all aspects of accounting and business taxation. It is a rigorous course in the field of accounting and finance, which opens the door to various career options in the financial sector.

Module -1 Business Automation Tool

  • Computer
  • Fundamentals
  • MicroSoft Office
    MS-Word, MS-Excel, MS-PowerPoint, MS-Access
  • Internet (Surfing, Browsing, Downloading, Email)

Module -2 Business Accounting

  • Fundamental
  • Introduction of Accounting, Accounting Meaning, Procedure, Objectives, Function of Accounting, Meaning and Objectives of Book-Keeping, Users Accounting Introduction, Limitations of Accounting.
  • Accounting Concept, Assumptions and Policies
  • Accounting Process
  • Debit Credit meaning, Double entry system, Golden Rules of Accounting, Accounting Equation, Approach rules of posting in ledger.
  • Trail Balance
  • Concept of capital & Revenue Expenditure

Module -3 Tally ERP with PF & ESI

  • Company creation
  • Voucher Entry
  • BRS
  • Balance Sheet
  • Report Generation
  • Concept & Provision of PF & ESI
  • Payroll processing through Tally
  • Data Back-up, Restore and many other features.

Module -4 Self Development & Soft Skills

  • Professional Personality Development
  • Etiquesttes Resume Management & Interview Skill
  • Real Projects in Word, Excel, Powerpoint, Accounting Tally ERP & Soft Skills

Module -5 Account Reconciliation

  • Introduction of Account
  • Reconciliation
    Process of Bank
  • Reconciliation Statement
  • Process of Debtors / Creditors
  • Reconciliation

    Debtors Age Analysis

Module -6 Preparation of Financial Statement

  • Introduction of different types of business orgs.
  • Accounting standards-meaning, Objectives, Applicability, Compliance etc.
  • Preparation of Financial Statement of companies as per Revised Schedule – VI
  • Final accounts of LLP, Franchise, PSU’s Municipal Corporation.

Module -7 Banking
History of Indian

  • Banking System
    Classification of banking industry in India
  • Reserve Bank of India – Function / Roles
  • Electronic Fund Transfer – NEFT, RTGS
  • Procedure & doc, of opening Bank A/c & Type of A/C

Module -8 Advance Excel

  • Application of Auto / Advance Filter, Sorting Math, Logical & Financial Function
  • protection, H/V Look up, Pivot Table, Charts, Graph Auditing, Consolidated, Macros, Goods Seek & More.

Module -9 Commercial Correspondance

  • Meaning, Importance, Essential qualities of business letter, various types of business letters orders-enquiry.
  • Real Project in Accounting Finalization & Advance Excel commercial letter drafting

Module -10 Costing & Financial Management

  • Cost Accounting: Objectives, Scope, Cost center, Cost Unit, Elements of cost, classification of cost-direct & indirect, variable & invariable, preparation cost sheet, costing system-job, batch, contract process etc.
  • Financial Management: time value of money, cost of capital, cash flow statement, Ratio Analysis

Module -11 Advance Tally ERP9 & Taxation

  • Advance Feature of Tally ERP company, branches, warehouse management & Inventory
  • VAT/CST/TDS/TCS/Excise Duty & Service Tax
    Direct Tax
  • Assessee : Meaning & Type, Concept of previous year & Assessment year, Residential status, Heads Income & their comp, Chapter-VI Filling of returns-ITR-1/2/3&4, Provisions for advance Tax & TDS
  • Indirect Tax-Types of indirect taxes in India.
  • Service Tax -basic provisions, negative list of service, point of taxation, valuation of taxable service
    Excise – Classification & Valution of Excisable goods etc. MVAT – Input & Output VAT, Input tax Credit composition scheme, Process of filling of returns in MVAT/Service Tax CENVAT, Excise.
  • Account Executive
  • Auditor
  • Budget Analyst
  • Administrator
  • Account Manager
  • Tax advisor
  • Financial Advisor
  • Accounting Professor
  • Accounts Payable/receivable Clerk
  • Treasurer
    Capital Accountant
  • Chief Financial Officer
  • Cost Accountant


My Computer Institute in Nallasopara