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170 SEATS

Course Description

AS per instantly raising demand and hortage of trained and qualified  accountant a new regime of accountancy and taxation came in to limelight  as per govt. report the requirement of account professional at the right time is 1.3 million and this can not be fulfilled  without extensive training. Accounting is also a demanding career, many companies require the help of an accountant to run their businesses, hence, creating high chances of being employed. Knowledge of accountancy and the skills learnt, enable individuals who are good in accounting to contribute in the growth of a country's economy. Whereas Taxation is a set of laws, regulations and methods of establishing taxes which was and will always be present in the life of every individual and every company because of the existence of the State with the tasks and functions, through its influence on the economic and social. It will be a wise decision to go with the course of Diploma in Business Accounting and Taxation as it will help you to acquire with all the procedures and planning related with Accounting and also all sets of rules of state and central taxation for corporate, business(small or big) and individuals.  The knowledge of  accountancy along with  taxation (direct tax and indirect tax) not only make competent employees but a make  better professional . The  earning capacity of an account professional is hues provided he has knowledge  of all the aspect of accountancy , taxation and  e-filling.the course has been designed in  taking all the practical aspects   so that students  get the job  even in the  mid of the course . The  course is designed to fulfill the needs and demands of the  industry our focus on  GST,TDS, INCOME TAX  and E-FILLING  through  practical way and on govt portal make us pioneer in this field Advance  diploma of accountancy and taxation course  includes theory and practical class in which we provide the knowledge how to make decision and analyze the balance sheet and this course also help to get full time job ,part time job or start your profession as an expert accountant. Accounting, Finance & Taxation are the field in which their will never be recession, this is a ever growing field to make carrer as professional. Every organization small or big irrespective of number of employees and individual business man need professionals of accounts, finance and taxation.

Eligibility for Admission:

  • • Candidate should have minimum qualification of 10+2 OR Graduation and well versed with computer, MS Office & Internet.

Who Should Enroll for the Course:

  • •Students, Working Executive & Professionals, Entrepreneur, Free Lancers & Business Man.

Duration, Batch Schedule & Fee Structure of the courses:

    Duration of the Course: 6 Months

    Batch Schedule:

  • Sunday Batch (Morning/Evening Batch) : Sun (6 hours per class).
  • Saturday/Sunday Batch (Morning/Noon/Evening Batch) : Sat/Sun (3 hours per class).
  • Weekday Batch (Morning/Noon/Evening Batch) : MWF or TTS (2 hours per class).
  • Course Fee: INR 45000 + GST (one time fee) OR INR 55000 + GST (4 Installment).
  • Note: Defence Personnel & Handicap person will get flat 20% Discount in Fee.

Training Program Highlights of Courses & Why Learning from NIFM:

  • 1. Training through industry experts
  • 2. Certificate from reputed education institute NIFM.
  • 3. Get 100% Placement Assistance.
  • 4. Get help to get work as a free lancer if required
  • 5. Get help to start business as accounting & income tax professional if required
  • 6. Flexibility in batch days and time schedule
  • 7. Get assistance in future when something new arrives in market.
  • 8. More then 80% of the course is practical based
  • 9. coverage of all practical as well as theory classes

Module – I: Accountancy

  • 1. Basic of Accounting
  • 2. Accounting Process
  • 3. Bank Reconciliation Statements
  • 4. Depreciation Accounting
  • 5. Preparation of Final Accounts
  • 6. Introduction to Sole Proprietorship
  • 7. Introduction to HUF
  • 8. Introduction to partnership firm
  • 9. Treatment of Goodwill and capital
  • 10. Admission of a partner
  • 11. Retirement/Death of a partner
  • 12. Dissolution of a partnership firm
  • 13. Introduction to Companies
  • 14. Issue of share and debentures
  • 15. Forfeiture of shares
  • 16. Re-issue of shares
  • 17. Redemption of preference shares

Module - II:Goods & Services Tax (GST)

  • 1. GST Basic
  • 2. Time, Place and Value of Supply
  • 3. Accounts & Audit under GST
  • 4. Input Tax Credit
  • 5. Reverse charge mechanism
  • 6. Composition Scheme
  • 7. GST on Work Contract
  • 8. GST Registration
  • 9. GST Invoicing & E-way Bills
  • 10. GST Returns (Monthly, Quarterly & Annual)
  • 11. GST Payments & Refund Process
  • 12. Penalties under GST
  • 13. GST Rates & HSN, SAC Code
  • 14. New Proposed forms and annual return
  • 15. Latest amendment in GST
  • • Practical Workshop-1 Week

Module – III: TDS / TCS

  • 1. Concept of TDS/TCS
  • 2. Rates & Deductions under TDS/TCS
  • 3. E-Fillings of Returns
  • 4. Generation of Challans and payments
  • 5. Process to download forms- 16, 16A, 16B & etc
  • 6. Penalties and revised returns process
  • 7. Compu-tax and Govt. utilities
  • • Practical Workshop-1 Week

Module –IV: Tally ERP 9 with GST

  • 1. Company Creation
  • 2. Group Creation
  • 3. Ledger Creation
  • 4. Receipts, Payments, Journal Entry, Trail Balance
  • 5. Sale & Purchase Entry with GST
  • 6. Debit & Credit Note
  • 7. Balance Sheet
  • 8. Profit & Loss Statements
  • 9. Day Book
  • 10. TDS/TCS Entry and Adjustments
  • 11. GST Reports
  • 12. GST Adjustments
  • 13. GST Returns filling
  • 14. GST Reconciliation with GSTR-2A
  • 15. RCM Entry in Tally
  • 16. RCM Payment and adjustments
  • 17. F11 & F12 configurations
  • 18. Budget, cost centre and payroll managements

Module -V: Income Tax

  • 1. Introduction to Income tax
  • 2. Exempt Income U/s 10
  • 3. Income tax Slab (latest)
  • 4. Residential Status
  • 5. Income under 5 Heads
  • 6. Computation of Total Income
  • 7. Advance Tax
  • 8. Set off and carry forwards of losses
  • 9. E- Filling of Income tax returns
  • 10. Generation of Challan & Payment of Taxes
  • 11. Penalties under income tax
  • 12. Compu- Tax and Govt. utilities
  • •Practical Workshop-1 week

Module -V1: Auditing

  • 1. Concept & Objective of Auditing
  • 2. Types of Audit
  • 3. Evidence in Auditing
  • 4. Audit Programmes
  • 5. Internal Audit
  • 6. Statutory Audit
  • 7. Cost Audit
  • 8. Secretarial Audit
  • 9. Auditor’s Report

WHAT STUDENTS SAYS

All Students have Ahieved Great Experience & Knowledge.