Advance Basic Course.
Advanced Basic Course" might seem like a bit of a paradox, but it typically refers to a course that delves deeper into the foundational concepts while also introducing more advanced topics. Here's a breakdown of what you might find in such a course, particularly focusing on accounting principles and Tally ERP:
Advanced Accounting Principles:
☛ Accounting Standards and Principles
☛ Accrual Accounting vs. Cash Basis Accounting
☛ Revenue Recognition
☛ Expense Recognition
☛ Accounting for Fixed Assets
☛ Depreciation Methods
☛ Accounting for Intangible Assets
☛ Accounting for Investments
Financial Statements:
☛ Income Statement (Profit and Loss Account)
☛ Balance Sheet
☛ Cash Flow Statement
Financial Analysis and Interpretation
☛ Ratio Analysis
☛ Liquidity Ratios
☛ Solvency Ratios
☛ Profitability Ratios
☛ Activity Ratios
☛ DuPont Analysis
☛ Trend Analysis
☛ Common-Size Analysis
Advanced Tally ERP Operations:
☛ Advanced Voucher Entry Techniques
☛ Multi-Currency Accounting
☛ Handling Imports and Exports
☛ Advanced Inventory Management Techniques
☛ Advanced GST Features (if applicable)
☛ Consolidation of Financial Statements
Financial Management:
☛ Time Value of Money
☛ Capital Budgeting Techniques
☛ Risk and Return Analysis
☛ Working Capital Management
☛ Cash Management
☛ Credit Management
☛ Capital Structure
Certification Preparation (if applicable):
☛ Review of Exam Topics
☛ Practice Tests and Quizzes
☛ Exam Strategies and Tips
☛ Mock Exams