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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

Fees Informations	Certificate Availability	Certificate Providing Authority
INR 1000	yes	IIT Madras

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

AccountantBusiness AnalystMarket Research AnalystOperations Analyst

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

Conceptual Basis of Financial Accounting
Concepts and Interactions of Financial Statements
Terminologies in Financial Accounting

Financial Statements: Balance sheet
Financial Statements: Income Statement
Financial Statements: Cash flow Statement

Financial Statement Analysis
Reading financial statements
Financial Ratios

Conceptual basis of Cost Accounting,
Cost behaviour, Elements of cost and preparation of cost statement
Cost Classification
Direct & Indirect cost
Overhead allocation / absorption
Traditional Method, Primary and Secondary Distribution
Activity Based Costing

Cost-Volume-Profit Analysis
Contribution Margin, Break-Even Point
Marginal Costing, Operating Leverage
Decision making using Marginal Costing

Performance Evaluation
Budgeting
Flexible Budget
Production Budget
Sales Budget
Master Budget
Variance Analysis

Introduction to Corporate Finance
Time Value of Money
Discounted Cash Flows

Valuing Bonds
Valuation of Stocks as Investments

Valuing Projects NPV and IRR
Valuing Projects Risk Analysis

Risk, Return and the Capital Asset Pricing Model

Cost of Debt, Equity, WACC
Capital Budgeting,
Capital Market Efficiency
Capital Structure and Cost of Capital

Dividends and other Payouts
Course Summary

Evaluation process

The students must score a minimum of 25 percent in assignments and 75 percent in the written exam out of a total of 100. The examination fee is Rs 1000.

IIT Madras Frequently Asked Questions (FAQ's)

1: What is the duration of the Foundations of Accounting & Finance training?

The certification course spans 12 weeks, allowing students to delve into the fundamental concepts of accounting and finance and their practical applications.

2: What is the Foundations of Accounting & Finance online course curriculum?

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).

3: Who is the intended audience for the Foundations of Accounting & Finance certification course?

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.

4: Do students get a certificate after completing the Foundations of Accounting & Finance?

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.

5: What is the minimum score required for candidates to pass the NPTEL Online Certification?

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.