Description
Course Name: Diploma in Financial Accounting (DFA)
Course Id: DFA/Q0001.
Eligibility: Completion of 10+2 (higher Secondary) or equivalent.
Objective: A Diploma in Financial Accounting is an excellent choice for individuals who want to pursue a career in accounting or finance. The program equips students with the technical knowledge and practical skills required to manage financial records, prepare financial statements, and ensure compliance with accounting standards.
Duration: Six Months.
How to Enroll and Get Certified in Your Chosen Course:
Step 1: Choose the course you wish to get certified in.
Step 2: Click on the “Enroll Now” button.
Step 3: Proceed with the enrollment process.
Step 4: Enter your billing details and continue to course fee payment.
Step 5: You will be redirected to the payment gateway. Pay the course and exam fee using one of the following methods:
Debit/Credit Card, Wallet, Paytm, Net Banking, UPI, or Google Pay.
Step 6: After successful payment, you will receive your study material login ID and password via email within 48 hours of fee payment.
Step 7: Once you complete the course, take the online examination.
Step 8: Upon passing the examination, you will receive:
• A soft copy (scanned) of your certificate via email within 7 days of examination.
• A hard copy (original with official seal and signature) sent to your address within 45 day of declaration of result.
Step 9: After certification, you will be offered job opportunities aligned with your area of interest.
Online Examination Detail:
- Duration- 120 minutes.
- No. of Questions- 60. (Multiple Choice Questions).
- 10 Questions from each module, each carry 10 marks.
- Maximum Marks- 600, Passing Marks- 40%.
- There is no negative marking in this module.
| How Students will be Graded: | ||
| S.No. | Marks | Grade |
| 1 | 91-100 | O (Outstanding) |
| 2 | 81-90 | A+ (Excellent) |
| 3 | 71-80 | A (Very Good) |
| 4 | 61-70 | B (Good) |
| 5 | 51-60 | C (Average) |
| 6 | 41-50 | P (Pass) |
| 7 | 0-40 | F (Fail) |
Key Benefits of Certification- Earning a professional certification not only validates your skills but also enhances your employability. Here are the major benefits you gain:
Practical, Job-Ready Skills – Our certifications are designed to equip you with real-world, hands-on skills that match current industry demands — helping you become employment-ready from day one.
Lifetime Validity – Your certification is valid for a lifetime — no renewals or expirations. It serves as a permanent proof of your skills and training.
Lifetime Certificate Verification – Employers and institutions can verify your certification anytime through a secure and reliable verification system — adding credibility to your qualifications.
Industry-Aligned Certification –All certifications are developed in consultation with industry experts to ensure that what you learn is current, relevant, and aligned with market needs.
Preferred by Employers – Candidates from ISO-certified institutes are often prioritized by recruiters due to their exposure to standardized, high-quality training.
Free Job Assistance Based on Your Career Interests – Receive personalized job assistance and career guidance in your preferred domain, helping you land the right role faster.
Syllabus:
Introduction to Financial Accounting – Basics & Importance of Financial Accounting, Accounting Principles & Concepts (GAAP, IFRS), Double-Entry System & Accounting Cycle, Types of Accounts & Transactions Accounting Process, Equation Rules Preparation OF Journal And Ledger, Profit & Loss Account (Income Statement), Balance Sheet & Adjustments, Statement of Cash Flows, Trial Balance, Notes to Financial Statements.
Cost Accounting – Introduction to Cost Accounting, Elements of Cost, Costing Methods & Techniques, Marginal & Absorption Costing, Budgeting & Forecasting, Cost Accounting in Decision Making, Cost Accounting Standards & Compliance, Cost Control & Variance Analysis, Difference Between Financial Accounting And Cost Accounting, Limitations Of Cost Accounting.
Financial Analysis & Reporting– Basic Of Financial Reporting, Financial Statement Analysis (Ratio Analysis, Trend Analysis), Investment Analysis & Decision Making, Cash Flow & Fund Flow Analysis, Corporate Financial Reporting Standards, Assets Based Accounting Standards, Revenue And Liability Based Accounting Standards, Disclosure Related Accounting Standards.
Payroll & Salary Management- Introduction to Payroll Management ,Salary Structure & Components, Tax Deduction at Source (TDS) in Payroll , Payroll Processing in Accounting Software , Payroll Accounting & Compliance, Provident Fund (PF), Employee State Insurance (ESI), & Professional Tax, Income Tax Calculations on Salaries, Payroll Processing in Tally & Excel, Payroll Budgeting & Cost Control.
Taxation & GST Accounting – Basic Concepts, Overview of Direct & Indirect Taxes, Goods & Services Tax (GST) – Registration, Filing, & Compliance, Income Tax – Basics, Deductions, & Computation, Tax Deducted at Source (TDS) & Tax Collected at Source (TCS).
Auditing & Internal Control– Introduction To Auditing, Basics of Auditing – Types & Procedures, Internal & External Audits, Fraud Detection & Risk Management, Role of Auditors & Audit Reports, Audit Planning, Internal Control, Vouching , Cost Accounting.
Job Opportunities after completion of Diploma in Financial Accounting Course:
After successful completion of the Diploma in Financial Accounting program, graduates gain a solid understanding of accounting principles, financial reporting, and business transactions. This program is ideal for individuals who want to build a career in finance, accounting, and related fields, equipping them with essential skills to manage financial records, prepare statements, and analyze financial data.
Career Options for Graduates:
- Accountant
- Prepare financial statements, balance sheets, income statements, and cash flow statements.
- Record and reconcile financial transactions for businesses or organizations.
- Bookkeeper
- Maintain accurate financial records for small to medium-sized businesses.
- Track accounts payable and receivable, process payroll, and ensure financial transactions are recorded correctly.
- Financial Analyst
- Analyze financial data to provide insights and recommendations for business decisions.
- Assist in budgeting, forecasting, and financial planning for organizations.
- Tax Consultant
- Prepare tax returns and advise clients on tax planning strategies.
- Stay updated with changing tax laws and help clients minimize tax liabilities.
- Payroll Administrator
- Manage payroll systems, ensuring employees are paid correctly and on time.
- Handle tax deductions, benefits, and other payroll-related responsibilities.
- Audit Assistant
- Assist in auditing financial records for accuracy and compliance with regulatory standards.
- Work in both internal and external audits for corporations, government agencies, or public accounting firms.
- Accounts Payable/Receivable Clerk
- Manage incoming and outgoing payments, ensuring timely payment to vendors and receipt from clients.
- Reconcile accounts to ensure accuracy and maintain cash flow.
- Credit Analyst
- Assess the creditworthiness of individuals or companies applying for loans or credit.
- Analyze financial statements and credit histories to determine lending risks.
- Management Accountant
- Provide financial information for managerial decision-making, including budgeting and performance analysis.
- Work closely with management to improve financial efficiency and profitability.
- Cost Accountant
- Track and analyze the costs of production, goods sold, and services provided.
- Assist businesses in budgeting and controlling expenses to improve profitability.
- Banking Associate/Officer
- Work in banks handling financial transactions, loans, and customer accounts.
- Provide financial advice and help clients with their banking needs, including savings, investments, and loans.
- Financial Controller
- Oversee financial operations within an organization, ensuring compliance with regulations and accurate reporting.
- Lead financial planning, budgeting, and forecasting processes.
- Investment Analyst
- Analyze market trends, stocks, bonds, and other investment vehicles.
- Provide recommendations to clients or businesses regarding investment opportunities.
- Financial Planner
- Help individuals or companies create long-term financial strategies, including retirement planning, investments, and savings.
- Work with clients to understand their financial goals and provide tailored advice.
- Corporate Treasurer
- Oversee corporate finance functions, including cash management, investments, and financial risk management.
- Develop strategies to manage liquidity, funding, and financial risks for the organization.
- Business Consultant
- Offer financial consulting services to businesses looking to improve their financial performance.
- Analyze business operations and recommend improvements to optimize profits and reduce costs.
- Real Estate Accountant
- Manage the financial records and transactions for real estate companies, including property sales, leases, and developments.
- Prepare financial reports specific to real estate investments and tax calculations.
- Forensic Accountant
- Investigate financial discrepancies and fraud.
- Work with law enforcement or legal professionals to detect and prevent financial crimes.
- Insurance Claims Adjuster
- Review and process insurance claims, ensuring accuracy in financial documentation and payments.
- Evaluate losses and determine the settlement amount for policyholders.
- Corporate Finance Executive
- Oversee an organization’s financial activities, including mergers, acquisitions, and capital raising.
- Ensure that financial resources are allocated efficiently to support business objectives.
Industries and Sectors Where Graduates Can Work:
- Corporate Sector: Large corporations require accountants, financial analysts, and controllers to manage finances.
- Public Accounting Firms: Work as auditors, tax consultants, or accountants.
- Banks and Financial Institutions: Handling accounting, financial analysis, and customer accounts.
- Government: Work in treasury departments, public financial management, or auditing services.
- Retail and Manufacturing: Finance departments in large companies require accounting professionals to track costs and profitability.
- Insurance: Work in financial planning, claims adjustment, and underwriting.
- Non-Profit Organizations: Manage budgets, grants, and financial reporting.
- Real Estate: Handle financial transactions, budgeting, and reporting for real estate companies.
- Healthcare: Work in hospital finance departments, managing budgets, payroll, and financial reporting.
Salary Range:
The salary for Diploma in Financial Accounting graduates can vary based on the specific role, location, and level of experience. Here are approximate salary ranges for some common positions:
- Accountant: ₹2.50 lakh – ₹6.00 lakh per year
- Bookkeeper: ₹2.00 lakh – ₹4.00 lakh per year
- Financial Analyst: ₹3.00 lakh – ₹8.00 lakh per year
- Tax Consultant: ₹3.00 lakh – ₹8.00 lakh per year
- Payroll Administrator: ₹2.50 lakh – ₹5.00 lakh per year
- Audit Assistant: ₹3.00 lakh – ₹6.00 lakh per year
- Accounts Payable/Receivable Clerk: ₹2.00 lakh – ₹4.00 lakh per year
- Credit Analyst: ₹3.00 lakh – ₹7.00 lakh per year
- Management Accountant: ₹4.00 lakh – ₹8.00 lakh per year
- Cost Accountant: ₹4.00 lakh – ₹7.00 lakh per year
- Banking Associate/Officer: ₹2.50 lakh – ₹6.00 lakh per year
- Financial Planner: ₹3.00 lakh – ₹7.00 lakh per year
- Corporate Treasurer: ₹6.00 lakh – ₹15.00 lakh per year
- Business Consultant: ₹4.00 lakh – ₹10.00 lakh per year
- Forensic Accountant: ₹4.00 lakh – ₹8.00 lakh per year
Salaries can increase with experience, industry specialization, and additional certifications such as CA (Chartered Accountant), CMA (Certified Management Accountant), or CFA (Chartered Financial Analyst).
Graduates with a Diploma in Financial Accounting are well-equipped to pursue a wide range of career paths in finance, accounting, and business management. With the right experience and certifications, they can progress to senior financial roles and leadership positions within organizations.