Executive Certificate Course in US Accounting and Bookkeeping by LawSikho: Fee, Duration, How to Apply

Quick Facts

particular	details
Medium of instructions English	Mode of learning Self study, Virtual Classroom	Mode of Delivery Video and Text Based	Frequency of Classes Weekdays, Weekends	Learning efforts 6-8 Hours Per Week

Course overview

The Executive Certificate Course in US Accounting and Bookkeeping duration is 6 months. The certification course is designed for the diverse backgrounds students such as commerce, economics, finance, and accounting enthusiasts and professionals with similar backgrounds. The course aims to provide students with expertise in US Generally Accepted Accounting Principles (GAAP) using a popular accounting software.

The certification course offers an extensive curriculum that includes how to use internationally accepted accounting software like Quickbooks, and Zoho Books for bookkeeping, accounting, and reporting. Executive Certificate Course in US Accounting and Bookkeeping by LawSikho offers students hands-on experience with the support of leading industry professionals to apply the learned skills in real-world projects.

Also Read: Online Accountancy Courses & Certifications

Course and certificate fees

Fees information

₹ 63,000 (Inclusive of GST)

The Executive Certificate Course in US Accounting and Bookkeeping fee is Rs 63,000 including all applicable taxes and charges. The course provides a 100% money-back guarantee if the students do not like the course and if they diligently follow the course for a month.

Executive Certificate Course in US Accounting and Bookkeeping Fee Structure

Certification Course	Fees
Executive Certificate Course in US Accounting and Bookkeeping	Rs 63,000

certificate availability

Yes

certificate providing authority

National Skill Development Corporation +1 more

Who it is for

Account manager Accountant Financial analyst

The Executive Certificate Course in US Accounting and Bookkeeping is designed for aspiring students and working professionals to enhance their skills and knowledge. This course is also beneficial for:

Eligibility criteria

Certification Qualifying Details

Once the students complete the online Executive Certificate Course in US Accounting and Bookkeeping, they will receive a certificate co-branded by NSDC and Skill India. However, to obtain this course certificate, students must complete all assignments. The hard copy of the certificate will be sent to the candidates by courier.

What you will learn

After completing the Executive Certificate Course in US Accounting and Bookkeeping syllabus, the candidates gain a deep understanding of the US Generally Accepted Accounting Principles (GAAP). They will also learn how to use internationally accepted accounting softwares like QuickBooks, Xero, Wave and Zoho books for bookkeeping, accounting and reporting.

The students will gain hands-on experience in preparing financial statements, recasting accounts, income statements, and balance sheets. Upon the completion of the Executive Certificate Course in US Accounting and Bookkeeping training, they will also gain a deep understanding of principles of accounting for assets, liabilities, revenue and expense recognition and preparing consolidated financial statements under US GAAP.

The syllabus

How to Use Internationally Accepted Accounting Software like Quickbooks, Xero, Wave And Zoho Books for Book-keeping, Accounting and Reporting

Estimates
Invoices and bills
Orders and Purchases
Receipts
Inventory
Setting up vendors
Loans
Credit memos
Budgets
Reconciliation of bank statements
Taxes
Reports

How to Transition to Prepare Financial Statements as Per US GAAP for Indian Graduates, Students and Accountants

Key principles under US GAAP
How US GAAP is different from IFRS
Recap of basic principles of accounting for beginners - IFRS, IndAS & US GAAP
Key aspects of difference in preparation of financial statements:
- Financial disclosures
- Assets and Liabilities
- Reporting of income and expense
- Cash flows for the period
How to recast accounts prepared on the basis of IndAS or IFRS to US GAAP (practice assignments)

Disclosures of Financial Statements Under US Gaap

Income statement
Balance Sheet and related disclosures
The Cash Flow Statement

Principles of Accounting for Assets Under US Gaap

Acquired intangible assets
Internally generated intangible assets
Property, plant and equipment
Non-current assets held for sale or disposal group
Leases
Impairment of assets
Capitalised of borrowing cost
Investment property
Inventories
Biological assets
Financial assets
Derecognition of financial assets

Principles of Accounting for Liabilities

General Provisions
Restructuring Provisions
Contingencies
Deferred income taxes - general approach
Government grants
Lease accounting
Convertible debt
Derecognition of financial liability

Revenue Recognition Under US GAAP (vs. Ifrs and Indas)

Revenue recognition
Construction contracts
Multiple-element contracts

Expense Recognition Under US GAAP (vs. Ifrs and Indas)

Depreciation
Interest expense
Employee benefits
Employee share compensation
Termination benefits

Preparing Consolidated Financial Statements Under US GAAP (vs. Ifrs and Indas)

Equity instruments
- Capital instruments
- Dividends on ordinary equity shares
Derivatives and hedging
- Derivatives and other financial instruments (cash flow and fair value hedges)
- Derivatives and other financial instruments (net investment hedges)
Other accounting and reporting topics
- Functional currency and presentation currency
- How to account for financials in a hyperinflationary economy
- Earnings-per-share (diluted)
- Related party transaction
- Related party transactions
- Segment reporting
- Discontinued operations
- Post-balance-sheet events
- Interim financial reporting

Admission details

To join the Executive Certificate Course in US Accounting and Bookkeeping classes, follow the below-mentioned steps:

Step 1: Browse the link mentioned below:

https://lawsikho.com/course/executive-certificate-course-in-us-accounting-and-bookkeeping

Step 2: Candidates must click on the “Enroll Now” button, fill in the required details and click on the “Submit” button

How it helps

The Executive Certificate Course in US Accounting and Bookkeeping benefits include:

Students will gain in-depth knowledge of the US financial regulatory landscape, tax codes, deductions, and credits, analyse financial statements and a strong foundation in accounting.
Gain hands-on experience in using leading accounting software applications.
Students will be able to apply the learned knowledge and skills in real-world scenarios through case studies.
They will also learn about emerging technologies and practices in finance.
The course offers placement support to the students in setting their target, creating an attractive CV and developing interview skills.
Candidates will have access to the current online content and an assignment portal for 3 years.

FAQs

What is the duration of the Executive Certificate Course in US Accounting and Bookkeeping training?

The certification course lasts for 6 months, 4 to 6 hours per week. The course offers a comprehensive understanding of US Accounting and Bookkeeping.

Who can apply for the online Executive Certificate Course in US Accounting and Bookkeeping?

College students who want to earn additional income, graduates, experienced professionals, who are from a commerce, finance, accounting, or economics background and those who are compelled to work from home can apply for this course.

What are the specific learning objectives of the Executive Certificate Course in US Accounting and Bookkeeping?

The students gain knowledge of the US financial regulatory landscape, using accounting software applications, creating and analysing financial statements, a strong foundation in accounting, skills to communicate with stakeholders, and advanced bookkeeping methods.

What are the timings of the Executive Certificate Course in US Accounting and Bookkeeping?

The certification program offers convenient and flexible class timings for students. Classes are scheduled after regular work hours, after 8 PM, or on Sundays.

What are the potential employers of Executive Certificate Course in US Accounting and Bookkeeping?

The potential employers are Accounting Firms, Corporate Finance Departments, Financial Services Companies, Consulting Firms, and Small and Medium-sized Enterprises (SMEs)