X
Online Degree

Financial Accounting

By Dr. Neha Kumar   |   The NorthCap University
This comprehensive course in Accounting is designed to provide a strong foundation in the principles, processes, and applications of accounting. It begins with an introduction to accounting, covering fundamental concepts, principles, and terminology, followed by methods and types of accounts, and an understanding of journals. The syllabus progresses to key aspects such as ledgers, subsidiary books, and trial balance, enabling students to master the basics of recording financial transactions. Students will also learn about capital and revenue expenditures and gain practical knowledge in preparing financial statements like balance sheets and profit & loss accounts. Additionally, the course delves into advanced topics such as depreciation and its provisions. The final units focus on corporate accounting, including the issuance, forfeiture, and classification of shares and debentures. This structured curriculum equips learners with essential skills to analyze and manage financial records effectively, catering to both academic and professional aspirations

 REGISTRATION LINK FOR THIS COURSE

SUMMARY

Course Status : Upcoming
Course Type : Core
Duration : 12 weeks
Start Date : 12 Mar 2025
End Date :
Exam Date :
Enrollment Ends : 15 Apr 2025
Category :
Level : Undergraduate

COURSE LAYOUT

Course Syllabus:

Course Syllabus

Unit 1: Introduction of Accounting

1.1 Introduction to Accounting

1.2 Process of Accounting

1.3 Methods of Accounting           

1.4 Types of Accounts

1.5 Accounting Terminology

1.6 Accounting Concepts, Principles, Conventions & Standards

1.7 Journal

 

Unit 2: Ledger, Subsidiary Books & Trial Balance

2.1 Ledger

2.2 Subsidiary Books

2.2.1 Purchases Day Book, Sales Day Book, Purchase Returns Book,

Sales Returns Book, Bills Receivable Book, Bills Payable Book,

2.2.2.Cash Book

2.3 Trial Balance                                                                                                              

 

Unit 3: Capital and Revenue & Preparation of Final Accounts

3.1 Capital Expenditure

3.2 Revenue Expenditure

3.3 Introduction to Financial Statements

3.3 Balance sheet

3.4 Profit & Loss Account

3.5 Depreciation

3.6 Provision for Depreciation

 

Unit 4: Share and Share Capital,  Debenture

4.1 Share Capital

4.2 Issue of Share at premium

4.3 Issue of Share at discount

4.4 Forfeiture of shares

4.5 Classification of Debentures

4.6 Issue of Debentures and its Debentures

Assessment Policy

Assessment Type

Weightage

Continuous Assessment

30%

Final Exam

70%

 

 

 

Certificate Eligibility:

To successfully complete the course and obtain a certificate, participants must achieve a minimum score of 40%, which includes both assessment and the final examination.

Upon completion, the earned credits will be transferred to the Academic bank of credit

BOOKS AND REFERENCES

Text Books:

  • Tulsian, P.C.Financial Accounting, Tata McGraw Hill, New Delhi.
  • Monga, J.R.Financial Accounting, Mayur Publications.
  • Gupta, R.L. & Radhaswamy, M.Advanced Accountancy, Sultan Chand & Sons, New Delhi (Latest Edition).
  • Maheshwari, S.N. & Maheshwari, S.K.Financial Accounting, Vikas Publishing House (Latest Edition).

Reference Books:

  • Horngren, C.T.Introduction to Financial Accounting, Pearson Education.
  • Noreen, E., Brewer, P., & Garrison, R.Financial and Cost Accounting, Tata McGraw Hill.
  • Horngren, C.T., Sundem, G.L., Elliott, J.A., & Philbrick, D. (2012) – Introduction to Financial Accounting (10th Edition), Pearson.
  • Libby, R., Libby, P.A., & Short, D.G.Financial Accounting (7th Edition), McGraw-Hill.
  • Dhamija, S. (2015) – Financial Accounting for Managers (2nd Edition), Pearson Publications.

INSTRUCTOR BIO

Dr. Neha Kumar

The NorthCap University
Dr. Neha Kumar is currently working as an Assistant Professor at the The NorthCap University, Gurgaon. She is an Associate member of the Institute of Company Secretaries of India (ICSI). She is a certified Mendeley Advisor. She is PhD in Commerce from Bundelkhand University, Jhansi. She has done her Masters in Commerce from Shri Ram College of Commerce, Delhi University & is an Honors graduate in Commerce from Indraprastha College for Women, Delhi University. Dr. Kumar has also qualified UGC NET in Commerce. She has conducted various national and international training
sessions/Workshops/FDPs on Reference Management, Mendeley, Journal Selection, Article/Thesis Writing and Formatting and SPSS.

Her areas of specialization include Corporate Finance, Corporate Social Responsibility and Corporate Governance. She has keen interest in research & has authored/co-authored papers various research papers published in SSCI, ABDC, Scopus & UGC care and refereed journals. Dr. Kumar has been fortunate to obtain a wide range of corporate and teaching experience of more than 12 years. She has taught as a Faculty of Commerce & Management in reputed colleges of Delhi University, Guru Gobind Singh University & SGT University.

COURSE CERTIFICATE

Ministry of Education logo Swayam logo

FOLLOW US