Accounts XI

Financial Accounting Part 1
Introduction to Accounting
21 Topics
Meaning and Definition of Accounting
Attributes of Accounting
Accounting Process
Branches of Accounting
Book Keeping, Accounting and Accountancy
Accounting Information and its Types
Qualitative Characteristics of Accounting Information
Users of Accounting Information
Objectives of Accounting
Functions of Accounting
Advantages of Accounting
Limitations of Accounting
Role of Accounting in Business
Basic Accounting Terms Part I
Basic Accounting Terms Part II
Basic Accounting Terms Part II_A
Basic Accounting Terms Part II_B
Basic Accounting Terms Part II_C
Basic Accounting Terms Part III_A
Basic Accounting Terms Part III_B
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Theory Base of Accounting
 17 Topics
Meaning and Features of Accounting Principles
Fundamental Accounting Assumptions
Accounting Principles Part I
Accounting Principles Part II
Systems of Accounting
Cash Basis of Accounting
Accrual Basis of Accounting
Need for Accounting Standards
Applicability of Accounting Standards
Indian Accounting Standards (IND-AS)
Applicability of Ind-AS
Goods and Services Tax – One Country One Tax
Categories of GST
Important Points of GST Part I
Important Points of GST Part II
GST Tax Slab (Goods)
GST Tax Slab (Services)
Recording of Transactions Part I
 31 Topics
Business Transactions and Events
Source Documents Part I
Source Documents Part II
Accounting Vouchers Part I
Accounting Vouchers Part II
Meaning and Effect of Transactions on Accounting Equation
Process and Rules of Accounting Equation
Rules of Debit and Credit
Classification of Accounts (Traditional Approach)
Classification of Accounts (Modern Approach)
Balancing an Account
Journal
Presentation of Journal
Steps in Journalising
Simple and Compound Journal Entries
Trade Discount and Rebate
Cash Discount
Journal entries without GST
Special Journal entries without GST Part I
Special Journal entries without GST Part II
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Recording of Transactions Part II
 42 Topics
Meaning and Classification of Subsidiary Books of Accounting
Meaning and Features of Cash Book
Types of Cash Book
Single Column Cash Book
Balancing of Single Column Cash Book
Preparation of Single Column Cash Book (Without GST)
Preparation of Single Column Cash Book (With GST)
Mechanics of Posting from Single Column Cash Book
Double Column Cash Book
Format of Double Column Cash Book
Balancing of Double Column Cash Book
Preparation of Double Column Cash Book
Bank Overdraft
Mechanics of Posting from Double Column Cash Book
Recording of Petty Cash Book
Systems of Petty Cash Book
Simple Petty Cash Book
Analytical Petty Cash Book
Balancing Petty Cash Book
Posting Petty Cash Book
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Bank Reconciliation Statement
 6 Topics
Meaning of Bank Reconciliation Statement
Need and Importance of Bank Reconciliation Statement
Bank Statement or Bank Pass Book
Timing Difference
Transactions Recorded by Bank
Difference Caused by Errors
Financial Accounting Part 2
Trial Balance and Rectification of Errors
Depreciation, Provisions and Reserves
Bils of Exchange
Financial Statements I
Financial Statements II
Accounts of Incomplete Records
Applications of Computers in Accounting
 15 Topics
Elements of Computer System – Hardware Part I
Elements of Computer System – Hardware Part II
Elements of Computer System – Software
Capabilities of Computer System
Limitations of a Computer System
Components of Computer
Evolution of Computerised Accounting
Transaction Processing System
Features of Computerised Accounting System
Information System
Management Information System
Accounting Information System
Designing of Accounting Reports
Stages of Automation
Creation of Account Groups
Computersied Accounting System
 6 Topics
Concept of Computerised Accounting System
Comparison between Manual and Computerised Accounting
Advantages of Computerized Accounting System
Limitations of Computerised Accounting System
Sourcing of Accounting Software
Generic Considerations before Sourcing an Accounting Software
Structuring Database for Accounting
Accounting System using Database Management System
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Accounting Process

Accounts XI Introduction to Accounting Accounting Process

[ Accounting Cycle, Journalising, Posing, Trial Balance, Adjustment entry, Closing entry, Financial Statements, Income Statement, Balance Sheet]

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