CA Foundation Accountancy Support series

BY
Udemy

Get familiar with concepts of accounting for the CA foundation course by joining the online training by Udemy.

Mode

Online

Fees

₹ 1999

Quick Facts

particular details
Medium of instructions English
Mode of learning Self study
Mode of Delivery Video and Text Based

Course overview

CA Foundation Accountancy Support series Course intends to assist the students to prepare for the subject of accountancy in the CA Foundation course. Akshata M, an experienced Chartered Accountant, created a curriculum that will enable the learners to have a solid understanding of numerous aspects of accounting such as Scope of accounting, Process of Accounting, Books of Accounts, Depreciation, and the like. CA Foundation Accountancy Support series online course could be taken by any candidate who is in the plan of pursuing the CA foundation course and it is recommended to have the command of the English language as the course is provided in the medium of English. 

CA Foundation Accountancy Support series certification, administered by Udemy, has the advantage for the learners to learn at their own pace, study the theories with the examples and learn through the recorded virtual whiteboard videos lectures. 

The highlights

  • Online course
  • Downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of completion
  • English videos
  • 30-Day Money-Back Guarantee

Program offerings

  • 48.5 hours on-demand video
  • Full lifetime access
  • Access on mobile and tv
  • Certificate of completion
  • English videos
  • High-quality
  • Professional video lectures

Course and certificate fees

Fees information
₹ 1,999
certificate availability

Yes

certificate providing authority

Udemy

What you will learn

After the completion of the CA Foundation Accountancy Support series online certification,  the students will have the opportunity to study various concepts of accounting such as Business Entity concept, Going Concern Concept, Accounting period concept, Money measurement concept, Cost concept, Revenue recognition concept, etc. Plus, they will learn numerous Accounting Terms including Financial transactions, Capital, Liabilities, and types of Liabilities, Assets, and types of Assets, Capital receipts, Revenue receipts, and the like. 

The syllabus

Meaning and Scope of accounting, Accounting Terms

  • What is Accounting and Financial Transaction ?
  • Accounting Terms Part 1 – What is Voucher , Journal and Ledger account ?
  • Accounting Terms Part 2 – What is Capital, Drawings , Assets and Liabilities ?
  • Accounting Terms Part 3 – What is Receipts, Revenue , Debtors and Receivables ?
  • Accounting Terms Part 4 – What is Expenditure, Expenses , Purchases and Payables
  • Accounting Terms Part 5 – What is Profit , Loss , Stock and Inventories ?

Accounting Concepts, Principles and Conventions and Process of accounting

  • Basic Accounting Concepts Part 1
  • Basic Accounting Concept Part 2
  • Process of Accounting
  • Dual Concept of Accounting and Accounting equation
  • Golden Rules of Accounting

Books of accounts – Journals, Ledgers ,Day books ,Subsidiary books

  • How To pass Journal Entry (Simple Example ) ?
  • How to Pass Journal Entries (Comprehensive example) – Part 1
  • How to Pass Journal Entries (Comprehensive example) – Part 2
  • How to Pass Journal Entries (Comprehensive example) – Part 3
  • How to Post Journal Entries in Ledger account (Part 1) ?
  • How to Post Journal Entries in Ledger account (Part 2)
  • How to prepare Trial balance ?
  • General Ledgers and Sub Ledgers
  • Subsidiary Books
  • Basics of Cashbook
  • Single Column Cashbook Example
  • Double Column Cashbook Example
  • Petty Cashbook Example
  • What is Purchase Journal book and Purchase return Journal Book ?
  • Purchase Journal book and Purchase return Journal Book – Example
  • What is Sales Journal book and Sales return Journal Book ?
  • Sales Journal book and Sales return Journal Book – Example

Rectification of Errors

  • Rectification of Errors – Basics
  • Example for rectification of errors before preparing Trial Balance
  • Example for rectification of errors after preparing Trial Balance (2 Approaches)
  • Example for Prior period adjustments

Bank Reconciliation Statement (BRS)

  • Bank Reconciliation Statement (Basics)
  • Example 1 of Bank Reconciliation statement in case of Normal balance
  • Example 2 of Bank Reconciliation statement in case of Normal balance
  • Example 1 of Bank Reconciliation statement in case of Overdraft balance
  • Example 2 of Bank Reconciliation statement in case of Overdraft balance
  • Example of Bank Reconciliation Statement after rectifications of Errors
  • Example 1 of BRS in case where passbook and Cashbook is given
  • Example 2 of BRS in case where passbook and Cashbook is given (Opening bal)

Inventories and Inventory Valuation

  • Basics of Inventory
  • Inventory Recording, Inventory Taking and Methods of determining cost
  • Historical methods for determining cost of inventory
  • Non Historical methods for determining cost of inventory

Depreciation and Method of Depreciation

  • Depreciation Concept and Meaning
  • Methods of Calculating Depreciation
  • Treatment of Depreciation in case of sale of Asset
  • Example When Depreciation is charged to Fixed Asset
  • Example when Provision for Depreciation account is maintained
  • Change in Method of Depreciation
  • Effect of Revaluation of Asset on Depreciation

Bills of Exchange and Promissory Notes

  • What is Bills of Exchange and Promissory note ?
  • What is Foreign Bill ?
  • What is Due date and Maturity date of bill ?
  • Options of Bills of Exchange
  • Journal Entries for Bills of Exchange
  • Example 1 for Bill of Exchange and Promissory Note
  • Example 2 for Bill of Exchange and Promissory Note

Sale of Goods on Consignment and Sale of Goods on Return basis

  • Sale on Consignment Basis – Basics
  • Journal Entries in books of Consignor and Consignee
  • Valuation of Stock and Goods send back by Consignee
  • What is Normal loss and Abnormal loss ?
  • Example of Goods sold on Consignment
  • Sale on Return Basis – Meaning and Concept
  • Accounting when sale on return is on casual basis
  • Example When Sale on Return is on Casual basis
  • Accounting When Transactions for Sale on Return are numerous
  • Accounting When Sale on Return are on Frequent basis

Average Due date and Account Current

  • Basics of Average Duedate
  • Calculation of Due date in case of Inter party transactions
  • How to calculate interest on Loan using average due date
  • How to calculate average due date for calculation of Interest on drawings
  • Basics of Account Current
  • How to Prepare account current with help of interest tables
  • How to Prepare account current by means of product method
  • What is Red Ink Interest ?
  • How to Prepare account current by means of product of balance method

Final Accounts of Sole Proprietor (Non Manufacturing)

  • What is Final Accounts ?
  • Trading Account and its Components
  • What is Profit and Loss account and its components ?
  • What is Balance sheet and its components ?
  • Adjustments related to Trading account
  • Treatment of Outstanding Expenses and Prepaid Expenses
  • Treatment of Outstanding Income and Income received in advance
  • Treatment of Bad debts and Provision for Bad debts
  • Treatment of Discount allowed and Provision for discount
  • Treatment of Depreciation and Provision for Depreciation
  • Interest on Capital and Interest on Drawings
  • Commission on Net profit Before Commission / Commission on Net Profit after Comm
  • Treatment of Income tax
  • Final Accounts Simple Example without Adjustments
  • Final Accounts Comprehensive example (With adjustments ) Part 1
  • Final Accounts Comprehensive example (With adjustments ) Part 2

Final Accounts of Sole Proprietor (Manufacturing)

  • What is Manufacturing account and the components of manufacturing account
  • Example on Preparing Final Accounts of Sole Proprietor of Manufacturing concern

Partnership Accounts Part 1 – Concepts of Partnership Firm, Profit sharing ratio

  • Definition of Partnership, Limited Liability Partnership
  • Partnership Deed General Rules
  • Final Accounts of Partnership Firm
  • What is Fixed Capital and Fluctuating Capital
  • Calculation of Interest on Drawings and Interest on Capital
  • Sharing of Profits and Losses of Partnership Firm
  • Goodwill – Basics and Concepts
  • Valuation of Goodwill – Simple average and Weighted average method
  • Valuation of Goodwill ( Super Profit Method –Years of Purchase Method / Annuity)
  • Valuation of Goodwill – Capitalization Method
  • Treatment of Goodwill in case of Admission , Retirement and death of a partner

Partnership Part 2 – Admission Retirement and Death of Partner

  • Admission of Partner – Basics
  • Admission of Partner – Example – Revaluation account
  • Admission of Partner – Example – Memorandum Revaluation account
  • Hidden Goodwill Concept
  • Retirement of a partner – Basics
  • Retirement of Partner – Treatment of Insurance policy
  • Retirement of Partner – Example with Memorandum Revaluation account
  • Retirement of Partner – Example with Revaluation account
  • Explanation of Section 37 of The Partnership Act
  • Death of Partner – Basics
  • Death of Partner – Treatment of Joint Life Policy
  • Death of Partner – Treatment of Separate policy
  • Death of Partner – Calculation of Estimated Profit
  • Death of Partner – Example with Revaluation account
  • Death of Partner – Example with Memorandum Revaluation account

Financial Statement of Non- Profit Organisations

  • Non Profit Organisations – Basics
  • Donations and Accounting Treatment for donations
  • Admission Fees (Entrance Fees ) and Accounting Treatment
  • Subscriptions and Accounting Treatment
  • Life Time Membership Fees and Accounting Treatment
  • Legacy and Accounting Treatment
  • Endowment Fund and Accounting Treatment
  • Honorarium and Accounting Treatment
  • Example 1 How to prepare Financial statements of Non- Profit Organisations
  • Example 2 How to Prepare Receipts and payments account ?
  • Educational Institutions – Introduction
  • Example on How to Prepare Financial Statements of Educational Institutions

Introduction to Companies account

  • Meaning and Features of the Company
  • What is Government Company ?
  • What is Foreign Company ?
  • What is One Person Company ?
  • What is Private Company, Public Company , Listed Company and Unlisted Company
  • What is Small Company ?
  • Unlimited Company, Company Limited by shares and Company Limited by Guarantee
  • What is Holding Company and Subsidiary company ?
  • Maintenance of Books of accounts for companies
  • Format of Balance sheet and Profit and Loss account
  • What is Share Capital and Procedure for issuing share capital ?
  • What are types of shares ?
  • Share Application Money
  • Subscription of Shares
  • Allotment of Shares
  • What is Share Call, Calls in arrears and Calls in advance ?
  • Shares issued at Par, at Premium and at Discount
  • Forfeiture of Shares and Reissue of Forfeited shares
  • Issue of shares for consideration other than cash
  • Comprehensive example – Issue of shares , Forfeiture and Reissue of shares
  • What are Debentures and Types of Debentures ?
  • Difference between Shares and Debentures
  • Journal Entries for issue of Debentures
  • Issue of Debentures for consideration other than cash
  • Debentures issued as Collateral security
  • How to write off Discount on issue of Debentures ?
  • Interest on Debentures (Accounting and Calculation)

Instructors

Ms Akshata M
Chartered Accountant
Udemy

Trending Courses

Popular Courses

Popular Platforms

Learn more about the Courses

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

Careers360 App
150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books