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Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video Based |
Course Overview
The Foundations of Accounting & Finance certification course is a 12-week duration programme. The certification course covers an extensive curriculum that covers the conceptual basis of financial accounting, financial statements, financial statement analysis, basis of cost accounting, and cost-volume-profit analysis. This certification course can be taken by anyone who wants to gain knowledge in Accounting and Finance.
The Foundations of Accounting & Finance certification by NPTEL provides students with the required skills and knowledge of finance and accounting. With the help of industrial experts students will be able to apply the learned concepts in real-world scenarios. The students will gain a deep understanding of the foundation of accounting and finance.
Also Read: Online Financial Accounting Courses & Certifications
The Highlights
- Video Course
- 12 Weeks Course
- Completion Certification
Programme Offerings
- Transcripts
Courses and Certificate Fees
| Fees Informations | Certificate Availability | Certificate Providing Authority |
|---|---|---|
| INR 1000 | yes | IIT Madras (IITM) |
Eligibility Criteria
Certification Qualifying Details
Upon the completion of the Foundations of Accounting & Finance certification course, the students must appear for examination and qualify with the required marks to receive the certification.
What you will learn
After completing the Foundations of Accounting & Finance certification syllabus the students learn about the conceptual basis of financial accounting, concepts and interactions of financial statements, and cost accounting. They will also explore the cost-volume-profit analysis, performance evaluation, budgeting, introduction to corporate finance, and valuing bonds.
Upon completion of the Foundations of Accounting & Finance training, the students will be able to practice the learned concepts trained by the leading industry experts. The students will get a deep understanding of terminologies in financial accounting, financial statements: cash flow Statement, direct and indirect cost, and decision-making using marginal costing.
Who it is for
The Foundations of Accounting & Finance online course is designed for students and working professionals to develop their skills and knowledge. This course is also beneficial for:
Admission Details
To enroll for the Foundations of Accounting & Finance classes, follow these steps:
Step 1: Browse the link mentioned below:
https://nptel.ac.in/courses/110106368
Step 2: Students can "Login In" and Sign In with a Google account or create a separate account.
Step 3: Fill out the registration form with the necessary details, submit it and join the course
The Syllabus
- Conceptual Basis of Financial Accounting
- Concepts and Interactions of Financial Statements
- Terminologies in Financial Accounting
- Financial Statements: Balance sheet
- Financial Statements: Income Statement
- Financial Statements: Cash flow Statement
- Financial Statement Analysis
- Reading financial statements
- Financial Ratios
- Conceptual basis of Cost Accounting,
- Cost behaviour, Elements of cost and preparation of cost statement
- Cost Classification
- Direct & Indirect cost
- Overhead allocation / absorption
- Traditional Method, Primary and Secondary Distribution
- Activity Based Costing
- Cost-Volume-Profit Analysis
- Contribution Margin, Break-Even Point
- Marginal Costing, Operating Leverage
- Decision making using Marginal Costing
- Performance Evaluation
- Budgeting
- Flexible Budget
- Production Budget
- Sales Budget
- Master Budget
- Variance Analysis
- Introduction to Corporate Finance
- Time Value of Money
- Discounted Cash Flows
- Valuing Bonds
- Valuation of Stocks as Investments
- Valuing Projects NPV and IRR
- Valuing Projects Risk Analysis
- Risk, Return and the Capital Asset Pricing Model
- Cost of Debt, Equity, WACC
- Capital Budgeting,
- Capital Market Efficiency
- Capital Structure and Cost of Capital
- Dividends and other Payouts
- Course Summary
Evaluation process
The students must score a minimum of 25 percent in assignments and 75 percent in the written exam out of a total of 100. The examination fee is Rs 1000.
IIT Madras (IITM) Frequently Asked Questions (FAQ's)
The certification course spans 12 weeks, allowing students to delve into the fundamental concepts of accounting and finance and their practical applications.
The comprehensive curriculum covers various topics such as the conceptual basis of financial accounting and cost accounting, balance sheet analysis, introduction to corporate finance, and techniques for valuing projects, equity, and calculating weighted average cost of capital (WACC).
The course is suitable for anyone interested in understanding accounting and finance principles, including students, professionals, and individuals seeking to enhance their knowledge in this domain. It receives support from banking, analytics, and audit firms.
Yes, upon completion of the course, students receive a certificate. There are three types of certificates awarded - Gold, Elite, and Completed, based on students' performances throughout the course.
Candidates must achieve a minimum of 10 out of 25 percent in the assignment and 30 out of 75 percent in the final proctored examination to successfully pass the NPTEL Online Certification.