Com5fs112 2 — Syllabus

• Pre-requisites: A fundamental understanding of accounting principles, concepts, and terminology is crucial.

Familiarity with concepts like debits, credits, assets, liabilities, and equity provides a strong foundation.

Course Summary This covers a range of topics aimed at providing students with the knowledge and skills needed to effectively use accounting software for financial management.

• Course Outcomes (CO): CO CO Statement Cognitive Level* Knowledge Category# Evaluation Tools used CO1 Develop a thorough comprehension of the principles, concepts, and practices of computerized accounting systems.

Ap P Instructor-created exams / Quiz / Assignment CO2 Acquire skills in accurately entering financial data into the accounting software.

Ap P Examinations Practical assignment CO3 Acquire the skills to generate various financial reports, including balance sheets, income statements An P Examinations / assignment CO4 Develop the ability to analyze financial data and extract meaningful insights using advanced features and tools available in accounting software.

An P Practical Assignment Project

• - Remember (R), Understand (U), Apply (Ap), Analyse (An), Evaluate (E), Create (C) # - Factual Knowledge(F) Conceptual Knowledge (C) Procedural Knowledge (P) Metacognitive Knowledge (M) Detailed Syllabus:

Module Unit Content Hrs I Introduction to Accounting Software 9 1 Basics of accounting software applications - difference between manual and computerised accounting system 3 Module Unit Content Hrs 2 Overview of various software packages for accounting - factors affecting selection of suitable accounting software 3 3 Procurement and installation of computerised accounting software 3 II Company Creation and Accounting Masters 12 4 Creation of Company - steps - selecting a company - closing a company - alter delete a company – Accounts Groups - Predefined Groups – Ledgers 3 5 Create - alter - delete, voucher types – short cut keys - Voucher Entry - display alter – delete – Features 3 6 Accounting Features - Inventory Features - Configuration menu 2 7 Day Book – Cash and Bank Books - Rectification of Errors - altering the transactions

• Bank Reconciliation Statement 2 8 Payroll Processing 2 III Accounts with Inventory 7 9 Creation of Stock Groups – display - alter - delete - Stock categories – creation Stock items - create - display - alter - delete 4 10 Godowns - Units of Measure - Inventory Vouchers - Display of inventory reports & statements. 3 IV Report Generation 8 11 Cash Book, ledger accounts, Trial Balance, Profit and Loss Account, Balance Sheet 2 12 Ratio analysis and Cash Flow Statement; exporting reports in pdf and excel formats. 2 13 Accounting for Goods and Service Tax 2 14 Budgeting and forecasting using accounting software 2 V Hands-on Computerised Accounting Practical Applications, Case Study and Course Project

1. Assign accounting tasks and projects that require students to use accounting software. Examples include setting up company accounts, entering transactions, reconciling accounts, preparing financial statements, and analyzing financial data.

2. Design practical exercises that focus on specific features or functions of the accounting software 9 Reference books:

1. Robert, L. Hurt, Accounting Information Systems: Basic Concepts and Current Issues, McGraw Hill.

2. Sah, R. K. Concept Building Approach to Financial Accounting (2019th ed.). Cengage Learning India Pvt. Ltd.

3. Sehgal, Ashok & Deepak Sehgal. Fundamentals of Financial Accounting, Taxmann.

4. Tally ERP 9 Training Guide – 4th Edition. Ashok K Nadhani. Publisher: BPB Publications.

1. Mastering: Tally: Dinesh Maidasani, Firewall Media
2. Implementing: Tally ERP 9: A.K Nadhani and K.K Nadhani, BPB publications
3. Manuals of: Respective Accounting packages