Foundations of Accounting & Finance
Learn and understand the foundations of Accounting and Finance with Foundations of Accounting & Finance certification by NPTEL.
Online
12 Weeks
Free Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video Based |
Course Overview
The Foundations of Accounting & Finance certification course is a 12-week duration programme. The certification course covers an extensive curriculum that covers the conceptual basis of financial accounting, financial statements, financial statement analysis, basis of cost accounting, and cost-volume-profit analysis. This certification course can be taken by anyone who wants to gain knowledge in Accounting and Finance.
The Foundations of Accounting & Finance certification by NPTEL provides students with the required skills and knowledge of finance and accounting. With the help of industrial experts students will be able to apply the learned concepts in real-world scenarios. The students will gain a deep understanding of the foundation of accounting and finance.
Also Read: Online Financial Accounting Courses & Certifications
The Highlights
- Video Course
- 12 Weeks Course
- Completion Certification
Programme Offerings
- Transcripts
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | IIT Madras (IITM) |
Eligibility Criteria
Certification Qualifying Details
Upon the completion of the Foundations of Accounting & Finance certification course, the students must appear for examination and qualify with the required marks to receive the certification.
What you will learn
After completing the Foundations of Accounting & Finance certification syllabus the students learn about the conceptual basis of financial accounting, concepts and interactions of financial statements, and cost accounting. They will also explore the cost-volume-profit analysis, performance evaluation, budgeting, introduction to corporate finance, and valuing bonds.
Upon completion of the Foundations of Accounting & Finance training, the students will be able to practice the learned concepts trained by the leading industry experts. The students will get a deep understanding of terminologies in financial accounting, financial statements: cash flow Statement, direct and indirect cost, and decision-making using marginal costing.
Who it is for
The Foundations of Accounting & Finance online course is designed for students and working professionals to develop their skills and knowledge. This course is also beneficial for:
Admission Details
To enroll for the Foundations of Accounting & Finance classes, follow these steps:
Step 1: Browse the link mentioned below:
https://nptel.ac.in/courses/110106368
Step 2: Students can "Login In" and Sign In with a Google account or create a separate account.
Step 3: Fill out the registration form with the necessary details, submit it and join the course
The Syllabus
- Introduction to Financial Accounting and Cost Accounting
- Introduction to Corporate Finance
- Contents of Income Statement and Balance Sheet Part I
- Contents of Income Statement and Balance Sheet Part II
- Interaction between Income Statement and Balance Sheet
- Preparation of Income Statement and Balance Sheet: Example Part I
- Preparation of Income Statement and Balance Sheet: Example Part II
- Preparation of Income Statement and Balance Sheet: Example Part III
- Preparation of Balance Sheet: Lone Pine Cafe A Part I
- Preparation of Balance Sheet: Lone Pine Cafe A Part II
- Cash Flow Statement : Concept and Example ( Direct Method) - Lone Pine Cafe
- Classification of Balance Sheet Items: Maynard Company A
- Preparation of Income Statement: Maynard Company B
- Preparation of Cash Flow Statement : Lone Pine Cafe ( Indirect Method)
- Preparation of Cash Flow Statement : Lori Crump (Indirect Method)
- Preparation of cash flow statement: An example ( Direct Method)
- Preparation of cash flow statement: An example ( Indirect Method)
- Ratio Analysis Part I - Analysis of financial statements
- Ratio Analysis Part II - Profitability Ratios
- Ratio Analysis Part III - Dividend and Liquidity Ratios
- Ratio Analysis Part IV - Efficiency Ratios
- Cost, Costing and Cost Accounting
- Classification of Costs
- Preparation of Cost Sheet Part I
- Preparation of Cost Sheet Part II
- Allocation and Apportionment of Cost
- Primary and Secondary Distribution of Overhead
- Activity Based Costing Part I
- Activity Based Costing Part II
- Break-Even Analysis
- Decision Making using Cost Accounting Informations - Examples - Part I
- Decision Making using Cost Accounting Informations - Examples - Part II
- Decision Making using Cost Accounting Informations - Examples - Part III
- Decision Making using Cost Accounting Informations - Examples - Part IV
- Decision Making using Cost Accounting Informations - Examples - Part V
- Introduction to Budgeting: Preparation of Budgets - Part I
- Introduction to Budgeting: Preparation of Budgets - Part II
- Introduction to Budgeting: Preparation of Budgets - Part III
- Flexible Budget and Variance Analysis
- Foundations of Corporate Finance - Part I
- Foundations of Corporate Finance - Part II
- Time Value of Money: Present Value and Future Value in Single and Multiperiod case
- Simplification of Cash Flows: Annuity, Growing Annuity, Perpetuity and Growing Perpetuity
- Bond Valuation - Part I
- Bond Valuation - Part II
- Stock Valuation Part I
- Numericals on Technique of Evaluating Capital Investment Decisions
- Numericals on Bond and Stock Valuation
- Technique of Evaluating Capital Investment Decisions
- Risk and Return - Part I
- Risk and Return - Part II
- Risk and Return: Individual Securities
- Risk and Return: Portfolio
- Cost of Capital and Valuation - Part I
- Cost of Capital and Valuation - Part II
- Valuation and Capital Structure
- Dividend and Other Payouts
IIT Madras (IITM) Frequently Asked Questions (FAQ's)
The certification course spans 12 weeks, allowing students to delve into the fundamental concepts of accounting and finance and their practical applications.
The comprehensive curriculum covers various topics such as the conceptual basis of financial accounting and cost accounting, balance sheet analysis, introduction to corporate finance, and techniques for valuing projects, equity, and calculating weighted average cost of capital (WACC).
The course is suitable for anyone interested in understanding accounting and finance principles, including students, professionals, and individuals seeking to enhance their knowledge in this domain. It receives support from banking, analytics, and audit firms.
Yes, upon completion of the course, students receive a certificate. There are three types of certificates awarded - Gold, Elite, and Completed, based on students' performances throughout the course.
Candidates must achieve a minimum of 10 out of 25 percent in the assignment and 30 out of 75 percent in the final proctored examination to successfully pass the NPTEL Online Certification.