Description
Course Name: Diploma in Financial Reporting and Control Account
Course Id: DFRACA/Q1001.
Education Qualification: 12th Pass.
Duration: 370 Hrs (Equivalent to One Year).
Total Credits: 18.
How You will Get Diploma Certificate:
Step 1- Select your Course for Certification.
Step 2- Click on Enroll Now.
Step 3- Proceed to Enroll Now.
Step 4- Fill Your Billing Details and Proceed to Pay.
Step 5- You Will be Redirected to Payment Gateway, Pay Course and Exam Fee by Following Options.
Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.
Step 6- After Payment You will get Study Material Login id and Password on your email id.
Step 7- After Completion of Course Study give Online Examination.
Step 8- After Online Examination within 7 days you will get Diploma Certificate soft copy(Scan Copy) and Hard Copy(Original With Seal and Sign) within 30 days.
Step 9- After Certification you will receive Prospect Job Opportunities as per your Interest Area.
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) |
Benefits of Certification:
- Government Authorized Assessment Agency Certification.
- Certificate Valid for Lifetime.
- Lifetime Verification of Certificate.
- Free Job Assistance as per your Interest Area.
Diploma In Financial Reporting and Control Account
Accounting Basics- Objectives, Introduction, Development of accounting discipline, An accountant’s job profile: functions of accounting, Utility of accounting, Types of accounting, financial accounting, Management accounting, Cost accounting, Distinction between financial and management accounting.
Preparation of Financial Statements- Financial Statements and supplementary schedules of the General Department, Financial Statements and supplementary schedules of the SDR Department, Financial Statements and supplementary schedules of the Concessional Lending and Debt Relief Trusts, Financial Statements and supplementary schedules of the Administered Accounts.
Branch & Departmental Accounts- Basics, Generally Accepted Accounting Principles, Accounting Concepts and Conventions, Capital & Revenue Transactions, Accounting for Depreciation, Rectification of Errors, Bills of Exchange, Consignment Accounting, Joint Venture Accounts, Insurance Claim, Preparation of Financial Statement of Profit oriented Organizations- Introduction, Bad Debts, Preparation of Financial Statements.
Developments in Financial Reporting- Introduction to Financial Reporting, Balance Sheet, Income Statement, Basics of Analysis, Liquidity of Short-Term Assets; Related Debt-Paying Ability, Long-Term Debt-Paying Ability, For the Investor, Statement of Cash Flows, Expanded Analysis, Special Industries: Banks, Utilities, Oil and Gas, Transportation, Insurance, Real Estate Companies.
GAAP and Accounting Standards- Introduction, Objectives, Scope, Nature of Content and Format, Conceptual Frame Work, Definitions, Principles Applicable to Elements of Cost, Presentation and Disclosure, Conclusion, Applicability of Cost Accounting Practices, focus on drivers of value, Cost for a purpose, Reality driven, Materiality and cost effectiveness, Comparability and consistency, Transparency and auditability.
Consolidated Financial Statements- Consolidated Balance Sheet, Consolidated Statements of Income, Consolidated Statements of Comprehensive income, consolidated statements of changes in equity, consolidated statements of cash flow, Basis of preparation and Presentation of financial statement, Cash and cash Equivalents, Marketable Securities, Trade Accounts Receivable, Inventories, Recoverable Taxes, Advances to Suppliers, Related Parties.