This course provides an introduction to advanced bookkeeping concepts and skills. It is suitable for students, professionals, and businesspeople with a basic knowledge of accounting principles, terms, standards, and policies. The course will teach participants how to prepare journal entries, ledgers, trial balances, and financial statements using the double-entry bookkeeping system. By the end of the course, students will gain hands-on experience with bookkeeping processes like adjusting accounts, preparing bank reconciliation statements, and developing financial statements for real-life business scenarios. The content covers fundamental accounting topics like concepts, conventions, principles, and Indian accounting standards.

1. Advanced Bookkeeping
Course

2. asic
Difficulty Level – Basic to Advanced
To do this course, you must have the following skillsets:
Basic knowledge of:
Accounting
Principles
Accounting Terms
Accounting
Standards
Accounting
Policies

3. Participants
will be able to
implement:
Course Objectives
• Understand bookkeeping, objectives and advantages
• Bookkeeping and how it ties in with accounting
• Understand basic accounting terms
• Understand rules of accounting
• Double entry system
• Understand journal, ledger, trial balance and final accounts
preparation
• Explain assets, liabilities, revenue and expenditure
• To learn the process of making adjustments in books
• To prepare financial statements

4. What will you learn in this course?
Preparation of
journal entries,
ledgers , trial
balances &
financial
accounts
Basic
accounting
concepts &
double entry
system of
bookkeeping
Understand
accounting
assumptions,
concepts,
principles &
rules
Process of
making
adjustments in
books &
closure of
accounts

5. Are there any course requirements or prerequisites?
 Basic Accounting Knowledge would
be an added benefit { ex: golden
rules of accounting}

6. Who are the target students?
 Student, professional or businessman who want to have
proper knowledge of all the fundamentals of accounting

7. By the end of the course, you will have the following skill sets
 Hands-on regarding practical and real-life
scenario of bookkeeping system and preparation
of financial statements

8. Course Contents
• Introduction of book-keeping and accountancy
• Basic accounting terminologies
• Accounting concepts, conventions and principles and Indian accounting standards concepts and objectives
• Meaning and fundamentals of double entry book-keeping system
• Classification of accounts and accounting equations rules
• Source documents required for accounting
• Journal
• Subsidiary books
• Ledger
• Bank reconciliation statement
• Trial balance
• Errors and their rectification
• Depreciation, provisions and reserves
• Balance sheet items
• Cash flow
• Case study