Certificate Course in Introduction to Financial Accounting
Ramnarain Ruia Autonomous College
Matunga, Mumbai
CERTIFICATE COURSE IN
Introduction to Financial Accounting
Organised by
Department of Commerce
- General Information
Course Coordinator: Dr. Urmila Moon
Name: Certificate Course in Introduction to Financial Accounting
Contact Details: Dr. Urmila Moon
Head-Department of Commerce
RamnarainRuia Autonomous College,
Matunga, Mumbai 400 019
Mob. 9820003763
Number of Credits: 3
Number of Hours: 45
Admission Criteria:Open to all
Number of Seats: Minimum 10 students
Course Fees: 10,000/-
Tentative Schedule for the Course: (October to February)
Evaluation: Assignment based on problems.
Rubrics for Scoring in assignment:
- Clarity of Financial concepts : 25 Marks
- Calculations: 50 Marks
- Completion of Assignment: 25 Marks
Course Outcome:
Upon completion of the course the students will be able to:
- Identify and relate to various terminologies and concepts of commerce, finance and accounts
- Identify information of financial statements.
- Demonstrate knowledge of accounting steps
- Apply the main accounting elements: assets, liabilities, income,
expense
- Prepare financial statements – income statement and balance sheet.
- Apply ratios and analyse financial statements
- Prepare working capital statements
2. Course Contents
Certificate Course in Introduction to Financial Accounting2019-20
Module 1:
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- Basic Accounting terms, Types of Accounts ,Double Entry Book Keeping System
- Journal , Journal Entries, Ledger Accounts, Ledger Posting
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(15)
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Module 2:
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- Trading Account, Profitability /Income statement, Profit and Loss Appropriation Account, Balance Sheet
- Ratios.
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(15)
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Module 3:
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- Statement of Working Capital
- Statement of Cash flow – meaning- importance
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(15)
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