BFS ( Banking and Financial Services)

BFS Course Details


OvewrviewSemester - 1 Software Tie-up

overview

High-School-Students Duration : 5 Months

Semester - 1

  • Module - 1 : Computer Learn
  • Module - 2 : Business Accounting
  • Module - 3 : Tally Basics
  • Module - 4 : Business and Company Law
Project (For self assessment of students & assessment by faculty.)

Semester - 1

student

Module - 1 : Computer Learn

  • Computer Fundamental including MS Office (Word, Excel,PowerPoint etc.)
  • Meaning and need of computer for an accountant
  • Computer Hardware Overview- Input device, Outputdevice, Storage device etc.
  • Operating System - Detail Discussion on Windows XP
  • Organizing Files and Folders
  • MS Word, Excel, PowerPoint
  • Networking and Internet
  • CD/DVD Burning with windows XP & Nero
  • Formation of computer
  • Various Routine tips

Module - 2 : Business Accounting

  • Accounts Fundamentals, Including basic accountingprinciples & other topics pertaining to Bank reconciliation,Depreciation, Ledger posting, Financial statement etc.
  • Meaning and Process of Accounting (Better for noncommerce students).
  • Accounting Concepts, Conventions, Equation & otherfundamental terms
  • Book keeping - Preparation of Journal, Subsidiarybooks, Cash Book, Ledger & Trial balance.
  • Financial Statements - Trading Accounts, Profit & LossAccounts and Balance sheet
  • Financial statements with important adjustments.
  • Rectification of Errors, Concepts of Capital & RevenueExpenses.
  • Bank Reconciliation Statement (BRS)
  • Meaning of Depreciation and its accounting.
  • Accounting for Non Profit Organization
  • Various Accounting Tips

Module-3 : Tally Basics

Computerized Accounting by using Nationwide accepted & widely used Tally software (latest version).
  • Introduction of Tally with use of tally for accounting
  • Company Creation on tally
  • Configuration of Tally
  • Enabling/Disabling of Tally Features
  • Group Company and Pre defined group of accounts
  • Various terms related to ledger- Creation, alteration etc.
  • Voucher types, Creation of Voucher and voucher entrywith advance voucher entry- Zero Value entry, Batchwise detail, Additional cost of purchase etc.
  • Inventory function and its uses with advance features -Re-order level, Price level, Point of sale, Job costingetc.
  • Advance Accounting Features - Cost center, Costcategory, Budgets, Interest Calculation, Multi Currency,Cheque printing, Credit limit etc.
  • Various Types of Report - Trial Balance, Accountsbooks, Day book, List of Accounts, Stock summary,Physical Stock register, Cash flow statement, Fund flowstatement, Ration analysis, Exception report etc.
  • Software Covered: Tally (Latest version)

Module-4: Business and Company Law

Knowledge of company law, including, Gratuity Act,Partnership Act, ESI, PF & Bonus Act.
  • The Payment of Gratuity Act, 1972 - Meaning, Application, Calculation, Payment procedure etc.
  • Indian Partnership Act, 1932 - Introduction, Types ofPartnership, Types of Partner, Partnership deed, Registration Procedure, Admission of partner,retirement of partner and Dissolution of partnership etc.
  • Employee's State Insurance Act, 1948 - Meaning, application, Advantage of the scheme, Process etc.
  • Payment of Bonus Act, 1965 - Introduction, Applicability, Computation, Calculation of Bonus, Payment, etc.
  • Employees Provident Funds - Introduction, applicability, Benefits of the act, Contribution, Interest,
  • Annual statement of accounts, PF settlement,Employer's Responsibility, Employee's Responsibility ,
  • Forms & Challans etc.
  • Company Law - Nature & Classes of Company,Incorporation of company, Prospectus, Share capitaland shares, Meaning and terms related to Director, Meeting, Types of meeting, Manual as well as Computerized preparation of Forms & return using MCA-21.
  • Software Covered: Online overview of MCA-21 using Internet

Module-5 : Banking, Investment and Insurance

Fundamental of Banking, Investment and Insurance which includes, Banking Procedures, Project Financing, Investment Option, Online Share Trading.
    BankingFundamental
  • Practical over view of Banking,Instruments and Documents(cheques,Pay-in-slip,A/cOpeningetc.)
  • Preparation of Loan Project
  • Introduction of Investments,available investment option with important terminology
  • Concept of Portfolio Management and its advantages
  • Types of Market & Provision related to StockMarket
  • DEMAT Account Opening & Itsworking
  • Online Share trading
  • Insurance sector Basics
  • Life Insurance fundamentals:How to choose a good policy
  • General Insurance Fundamentals
  • AgencyLaw : Working as an Insurance advisor

Software Tie-ups at Proud Shala

The students are taught the following industry recognized widely used softwares :

 

tally
For Accounting
TALLY (Latest Version)
more...

The usage of these software's are taught extensively and the students are trained to perfection in their operations..
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