Applied Accounting (Practical)General - Advanced

Manual + Computerized

Introduction:With the ever- increasing number of Financial Institutions, Production Houses, Hospitals& Hospitality Industry and Educational Institutions, there is a huge demand of Qualifiedand Trained Accountants. The course has been designed to cater the needs of the market.As this course is structured by Senior CAs & RAs working for various organizations and willbe delivered by the same professionals, we have a firm belief that it comes with a highpossibility of Employability as well as Professionalism.On top of that Career Opportunity Unit that works under the guidance of Employers'Council is always behind the Deserving Candidates which assists them to find and settlein the best career prospect possible.

Objectives:Accounting is a vital part of every business. While tracking income and assets over time,accountants engage in a wide range of activities which include, but are not limited to,tracking Financial Performance, TAX Strategies and Quality Management.The course will help the participants equip with the most advanced Techniques and Toolsin Accounting and Management Control that fosters their ability to translate and implementthe strategic objectives through Accounting and Control System.

After the completion of the course the participants will be able to;Explain fundamental Accounting Concepts and Elements of Financial StatementsExplain the basic features of Accounting and Reporting by OrganizationsPrepare basic entries for Business Transactions and present the data in an accurate and meaningfulmannerPrepare basic Financial Statements and explain the articulation between the Basic StatementsExplain and use the Accounting Equation in basic Financial Analysis and explain how the equationis related to the Financial StatementsExplain the issues of ethics in Financial Accounting and Reporting.

Methodology:Multi-Media PresentationsIntensive Trainer and Trainee InteractionsPractical Implementation of Accounting TheorySimulation of Accounting and Book Keeping of Various Types of Business Entities.

Special Features:Theoretical as well as Practical ClassesInstructed by Senior CAs & RAs100 % Placement AssistantshipFree Resource MaterialsFrom 33% to 100% Scholarship for Deserving Candidates

In Case of Doubts and ConfusionFor any Doubt Clearance, Participants can use any of the Following Channels

Email - Our Faculty will respond within 24 hoursPhone Calls - We attempt to clear your doubts even over phonesExtra Classes - You can take extra classes in the following sessions and we don't chargeyou at least for oneyear.

Complementary Classes on:Writing & Rewriting Resume and Mock Interview PracticesCareer Guidance and Managerial Leadership.

Part - I

Course of ContentsIntroductionDebit and Credit RulesAccounting for Assets, Liabilities, Income, Expenses and CapitalNature and types of BusinessMaintenance of Books of Accounts

Preparation of InvoicePreparation of Vouchers

Journal Voucher.Receipt Voucher.Payment Voucher.Contra Voucher.Journal Book.Ledger Posting.Preparation of Adjustment Entries

Rectification EntriesOpening EntriesClosing EntriesAdjustment Entries

Debit and Credit NotesAccounting for Salary/Payroll Processing

TDS on SalaryPreparation of Salary Sheet and Accounting

Duration - 1 Month Investment - Rs. 9,000

Accounting for Fixed AssetsAccounting for Purchase and DisposalMaintenance of Fixed Assets RegisterCalculation of DepreciationControl of Fixed Assets

Accounting for InventoryAccounting for Consumption of InventoryFunction of Store KeeperPreparation of Bin CardStore Reconciliation

Accounting for Cash TransactionAccounting for Receipt of CashAccounting for Payment of CashPetty Cash and its Accounting

Accounting for Transaction done through BankConcept of Various types of Bank AccountConcept of various types of ChequeMaintenance of Bank AccountPreparation of Bank Reconciliation Statement

Registration of Business asProprietorshipPartnershipCompany

Registration UnderPAN and VAT

Value Added TaxIntroductionMaintenance of books of Accounts under VAT Act

Purchase BookSales BookVAT AccountFiling of ReturnsPayment of VAT and VAT Return ClaimIncome Tax

Income from SalaryCalculation of TDS on SalaryIncome from Business and ProfessionTax Deduction at Source (TDS)Submission of Returns through Electronic Means (E-returns)Return Filing and Payment of Income Tax

Preparation of Trail BalancePreparation of Financial Statement

Profit and Loss AccountBalance SheetCash Flow StatementChange in EquityNotes to Accounts

Analysis and Interpretation of Financial Statement

Part - II ( Customized use of one of the Accounting Soft - wares : TALLY / TATA / FACT / FINPRO / SWASTIK etc. )

Course of ContentsFeatures and Objectives of the ProgramCreation of CompanyCreation of Groups and LedgersVoucher Entry

JournalReceiptPayment

VAT EntryPayroll AccountingFunctions of KeysImport & Export of DataSplit of Data and PrintingBack up of and Restore of DataAdjustment EntriesStock Maintenance

SalesPurchaseContra

Duration : 2 Weeks Investment : Rs. 4,500

National Institute of ManagementExcellence Pvt. Ltd.Putalisadak (Newplaza), Kathmandu, NepalTel : +977-1-4429329 Fax : +977-1 4429330Email : info@nime.com.np / URL: www.nime.com.np

General Management Programs:General Management (Virtual MBA)Professional Accounting

Applied Accounting (Advanced)Applied Accounting (Basic)

Administrative Skill DevelopmentProfessional Secretarial ManagementExcellence in SalesExcellence in Retail ManagementIncome TAX, VAT & TDS (Practical)

Career Enhancement Packages:Professional English (Packages)Leader in You (Leadership Development)Personality Matters (PersonalityDevelopment)

help the companies generate maximum outputfrom the development of their Human Capital.On the basis of the need-assessment we havemade, we design and deliver Technical as well asGeneral Programs to the participants of variedlevels from corporate sectors. Organizations cantake advantage by participanting in any of ourManagement Program because the ResourcePersons of the programs are usually nationallyand internationally acclaimed experts in theconcerned domain.

Placement AssistantshipAs Corporate Social Responsibility we assist theparticipants of any of our training program infinding a right place to advance their career. Wehelp him get a job of his desire on the basis ofhis qualification, skill and capabilities, not justbecause he has joined one of our trainingprograms. This service is exclusively meant onlyfor those individuals who have registered theirnames to our Career Opportunity Unit.

Progams Offered at NIME

Customized Corporate TrainingsAs NIMe is a management solutions providerthrough Training and Development approach weserve the needs of Corporate Community byorganizing short as well as long term trainingprograms. The motive behind this appoach is to

Part - IIIDuration - 2 Weeks

Course of Contents

Concept of Audit and Various Types of Audit Reports

NOTE : We assure the Placement Assistance Service only to those Candidates whohave attended First and Second parts regularly. And, there is the provision ofthe discount of Rs. 1,000, if a candidate takes all 3 parts.

Investment - Rs. 4,500

Basic Concept of Nepal Accounting Standards, NFRS and IFRSBudgeting : Fiscal Budget Plan, Preparation and ImplementationFundamentals of Letter of Credit (LC ) : Accounting Treatment Process & DocumentationFinancial Statements & Their Analysis : Financial Management in General

Financial Statement ( Normal & Projected ) and Balance Sheet : Practical OverviewIncome Statement, Equity & Statement of Cash FlowsEarnings, Financial Reporting & Analysis of Financial ManagementPreparation & Implementation of Accounting and Financial System

Loan & Accounting: Loan Proposal, Calculation of Loan, Interest & Installment Payment Procurement System: Tender and Quotations