Diploma in Finance Application
The Diploma in Finance Application course is designed to provide students with a comprehensive understanding of financial principles and applications. It covers topics such as financial accounting, budgeting, financial analysis, investment management, and risk assessment. Students learn to use financial software and tools for tasks such as bookkeeping, financial reporting, and financial modeling. The curriculum emphasizes practical skills development, with hands-on exercises and real-world case studies to enhance learning outcomes. Additionally, students gain insights into financial regulations, compliance, and ethical considerations in finance. The course equips graduates with the knowledge and skills required for roles in finance departments of businesses, financial institutions, investment firms, or consulting agencies.
Duration - 3 Months
Types of Accounts (Assets, Liabilities, Equity, Income, Expenses)
Double Entry Accounting System
Accounting Principles and Concepts
Income Statement (Profit and Loss Statement)
Balance Sheet
Cash Flow Statement
Statement of Changes in Equity
Features and Functions
Using Accounting Software for Financial Transactions
Generating Reports (Income Statement, Balance Sheet, etc.)
Recording Financial Transactions
General Ledger
Trial Balance
Types of Budgets (Operating, Cash, Capital)
Budget Preparation and Analysis
Financial Planning Techniques
Types of Taxes (Income Tax, Sales Tax, VAT, GST)
Tax Compliance
Tax Planning Strategies
Types of Audits (Internal, External, Tax Audit)
Audit Procedures and Techniques
Audit Report Preparation
Liquidity Ratios
Solvency Ratios
Profitability Ratios
Interpretation of Financial Statements
Cost of Capital
Working Capital Management
Financial Risk Management
- Code of Conduct for Accountants
International Financial Reporting Standards (IFRS)
Generally Accepted Accounting Principles (GAAP)
Hands-on Training in Accounting Software
Case Studies and Real-world Scenarios
Project Work on Financial Analysis and Reporting