CAT (Certificate in Accounts and Taxation)

CAT (Certificate in Accounts and Taxation) Course Details

OverviewSemester - 1Semester - 2 Semester - 3 Software Tie-up


overview Duration : 09 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 - 2

  • Module - 5 : Direct Taxation
  • Module - 6 : Indirect Taxes
  • Module - 7 : Tally Advance
  • Module - 8 : Taxation Softwares
Project: (For self assessment of students & assessment by faculty)

Semester - 3

  • Module - 9 : Banking, Investment and Insurance
  • Module - 10 : Costing and Management Techniques
  • Module - 11 : Inventory and Logistics Management
  • Module - 12 : Auditing
Project: (For self assessment of students & assessment by faculty)

Semester - 1


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

Semester - 2


Module-5: Direct Taxation

Basic knowledge of Income tax and overview of Wealth tax
  • Basics of Income Tax and General terminology of Income tax
  • Detail Discussion on Five head of Income
  • Computation of Total Income
  • Clubbing of Income
  • Deductions from Income U/S 80.
  • Advance Tax & Assessment procedure
  • Concepts & Detail knowledge of TDS/TCS
  • Manual Return Preparation & Filling of Forms, Challans etc.
  • Overview of Wealth Tax

Module-6 : Indirect Taxes

Basic knowledge of Sales tax, VAT, Excise and Service Tax
  • Central Sales Tax (CST) – Introduction, Applicability, Concepts and procedure and Various Forms and Challans.
  • Value Added Tax (VAT) - Introduction, Applicability, Registration Procedure, Computation, Return Filling, Assessment, Manually filling of Forms, Challans etc.
  • Excise Act – Introduction of Excise duty, Applicability, Registration, Calculation of excise duty, Cenvat Credit, Manual preparation of Excise return, Forms, Challans etc.
  • Service Tax – Introduction of Service tax, Applicability, Chargeable Services, Registration and complete procedure, Concepts of Input Credit, Return filling etc.

Module - 7: Tally Advance

Computerized Advance Accounting (Statutory & Taxation)
  • Quick Setup :- Excise for Manufacturer, Excise for dealer, Value Added Tax, tax Deducted At Source, Tax Collected At Source
  • Excise: - Type of Excise Duty, Excise for Dealer and Excise for Manufacturer, CENVAT Credit, Excise Form.
  • Service Tax: -Input Service Tax, Output Service Tax Ledger, Adjustment Entry, Service Tax Challan.
  • Value Added Tax:- Input Vat, Output Vat, Composition Scheme, Adjustment Entry, Vat Forms.
  • Tax Deducted At Source
  • Tax collected At Source
  • Payroll:- Payroll Reports, Attendance Reports, PF Reports, ESI Reports, Gratuity.

Module - 8 : Taxation Softwares

  • CompuTax + CompuTDSsoftwares for tax computation & e-filling of returns
  • CompuServe – Tax Computation and e-filling of returns
  • Excise Manufacturing+ Excise Trading :- Preparation of Excise returns of manufacturer & Traders using softwares.
  • Niryat:- For export import documentation
  • Software Covered: Tally(Latest version), CompuTax, Compu TDS, Compu Serve, Excise Manufacturing, Excise Trading & Niryat

Semester - 3

Module-9 : Banking, Investment and Insurance

Fundamental of Banking, Investment and Insurance which includes, Banking Procedures, Project Financing, Investment Option, Online Share Trading.
  • 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

Module-10 : Costing and Management Techniques

Fundamental of Costing with managerial techniques
    Introduction of Cost,Costing and Cost Accounting with its uses,advantages and disadvantages
  • Cost Sheet
  • Meaning and types of Costingincluding Concepts of Fixedcost, Variable Cost & Semi Variable cost.
  • Marginal Costing including Break even Point concept and P/VRatio
  • Meaning of Standard Costing and Budget with various related concepts
  • Cash Flow Statement
  • Ratio Analysis
  • Concept of Decision making and its use
  • Working Capital Management

Module-11: Inventory and Logistics Management

Concepts of Logistics management, inventory management & control, supply chain with import and export procedure.
  • Meaning of logistics management and its importance for an organization.
  • Area of logistics management with its important terminology
  • Meaning of goods and procedure for its procurement and storing with labeling of material
  • Meaning of Inventory, Various cost related to inventory and concept of Inventory management
  • Level of stock- Maximum level, minimum level, average level, Reorder level, etc.
  • Concept of Re ordering and with economic order quantity
  • Supply of material- Quotation, Sales order, Packing, Transportation and accounting
  • Goods delivery - Domestic & International
  • Import & Export Procedure with its documentation.

Module -12 : Auditing

Meaning and need of auditing with various concepts related to topics
  • Meaning of Auditing & auditor with its use and need
  • Various concepts related to internal Control
  • Concepts related to internal audit
  • Concepts related to Statutory audit

Software Tie-ups at PROUD SHALA

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


tallyFor Accounting
TALLY (Latest Version)

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