Course Overview:
Course Duration: 5 Days
Location: Skyrokers Training & Consultancy Centre
Organizer: Skyrokers Training & Consultancy Institute
Course Description:
The Financial Accounting and Taxation Training Course is designed to provide participants with comprehensive knowledge and practical skills in financial accounting principles and taxation regulations. This course is essential for individuals seeking to enhance their proficiency in accounting practices and taxation compliance.
Course Objectives
On successful completion of Financial Accounting & Taxation Course, participants shall be able to:
- Gather the vast knowledge of accounting for solving intricate and complex problems through financial statements
- Get to recognise the detailed structure of accounting management in a business organization
- Work in capacities surrounding taxation, accounting, finance, marketing and much more
- Have the ability to analyse data, calculation and basic understanding of different types of taxation and the latest taxation laws
TRAINING METHODOLOGY
This collaborative Financial Accounting & Taxation Course, will comprise the following training methods:
- Lectures
- Seminars & Presentations
- Group Discussions
- Assignments
- Case Studies & Functional Exercises
Skyrokers Training Institute follows the Do-Review-Learn-Apply model.
Organisational Benefits
On successful completion of the Financial Accounting & Taxation Course, participants shall be able to benefit their organization in the following ways:
- Track earnings and expenditures
- Ensure statutory compliance
- Offer management and investors with measurable financial information
- Simplify business decisions
Personal Benefits
Successful completion of Financial Accounting & Taxation Course, shall benefit participants in the following ways:
- Practical accounting training with modern accounting software
- Get trained by Industry Experts
- Professional Certificate to authenticate your Skills
- Industry Oriented Course Curriculum
WHO SHOULD ATTEND?
- Finance Managers
- Tax Consultant
- Accounting Manager
- Financial Controllers
- Financial Advisors
- Directors (Finance)
- Certified Public Accountant
- Certified Industrial Accountant
- Chief Financial Officer
- Chartered Management Accountant
- Company Secretary
COURSE OUTLINE
Module 1: FINANCIAL ACCOUNTING
- Accounting Conventions
- Accounting Policies
- Revenue Recognition
- Worldcom / Enron Scandals
- International Accounting Standards (IAS)
- International Financial Reporting Standards (IFRS)
Module 2: FINANCIAL REPORTING
- Components of Financial Reports
- Balance Sheet
- Profit & Loss Statement
- Statement of Cash Flow
- Statement of Changes in Equity
- Accompanying Notes to the Accounts
- Ratio Analysis
- Vertical Balance Sheet & P&L Statement
- Horizontal Balance Sheet & P&L Statement
- DuPont Model
Module 3: TAXATION
- Income v/s Taxable Income
- Income Tax
- Corporation Tax
- Value Added Tax
- Customs & Excise Duty
- Timing Difference & Deferred Tax
Module 4: WORKING CAPITAL CONTROL
- Inventory Control
- Accounts Receivable
- Accounts Payable
- Reconciliation of Sub-ledgers
- Other Current Assets & Current Liabilities
Module 5: ENTERPRISE RESOURCE PLANNING (ERP)
- Sales
- Bill of material
- Material Management
- Procurement
- Production
- Finance
Module 6: CAPITAL EXPENDITURE
- Capital Investment Appraisal
- Return on Investment
- Payback period
- Net Present Value
- Internal Rate of Return
- Lease or Buy Decisions
- Tax Implications thereof
Module 7: BUDGET PROCESS AND MANAGEMENT
- Preparation of Master Budget
- Fixed v/s Flexible Budgets
- Quarterly Reviews
- Forward Planning
- Budget/ Actual Comparison
Module 8: CASE STUDIES
- Financial Statements of a Manufacturing Company
Registration:
- Registration for the Financial Accounting and Taxation Training Course is now open! Secure your spot today by registering online or contacting us at Skyrokers Training & Consultancy Institute (www.skyrokersinstitute.com) . Don't miss this opportunity to gain valuable skills and advance your career in accounting and taxation.
- Note: Customized training options and group discounts may be available. Please contact us for more information.
- Join us for the Financial Accounting and Taxation Training Course and take your accounting and taxation knowledge to the next level!
