Accounting courses in Chandigarh (2)

1
Accounting courses in
Chandigarh
2
Accounting

• Accounting is a business language. We can use
  this language to communicate financial
  transactions and their results. Accounting is a
  comprehensive system to collect, analyze, and
  communicate financial information.
• the art of recording, classifying and
  summarizing in a significant manner and in terms
  of money, transactions and events which in part
  at least of a financial character and
  interpreting the results thereof.

3
Objectives and Scope of Accounting

• To keep systematic records
• To ascertain the financial position of the
  business
• To ascertain profitability
• to assist in decision-making
• To fulfill compliance of Law

4
Accounting Process

• Collecting and Analyzing Accounting Documents
• Posting in Journal
• Posting in Ledger Accounts
• Preparation of Trial Balance
• Posting of Adjustment Entries
• Adjusted Trial Balance
• Preparation of Financial Statements
• Post-Closing Entries
• Post-Closing Trial Balance

5
Accounting - Basic Concepts

• Business Entity Concept
• Money Measurement Concept
• Going Concern Concept
• Cost Concept
• Dual Aspect Concept
• Accounting Period Concept
• Matching Concept and many more.

6
Classification of Accounts

• It is necessary to know the classification of
  accounts and their treatment in double entry
  system of accounts. Broadly, the accounts are
  classified into three categories
• Personal accounts
• Real accounts
• Tangible accounts
• Intangible accounts

7

• Accounting Courses in Chandigarh is provided by
  CBitss institute. Learn wide variety of
  accounting and taxation courses like Tally erp9,
  QuickBooks, Busy, MYOB Marg etc. Along with
  this get trained on excel advance excel
  courses. Ask for money back policy, Call NOW
  09988741983.
• Address SCO 24-25, Piccadilly Road, Sub. City
  Center, Sector 34A, Sector 23, Chandigarh, 160022
• Website http//cbitss.com/blog/accounting-courses
  -in-chandigarh/

8
(No Transcript)