CA Foundation Support Series for Accounting (June 2021)

Categories: Accounting, CA Foundation
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About Course


This course enables students to understand concepts related to Accountancy for CA foundation course.

Features of the course :

  • Recorded virtual whiteboard video lectures every week covering a particular topic.
  • Video lectures include explaining of concept and solving of examples.
  • Multiple choice test once in a week.
  • Flexibility to study at your own convenient time.

Topics covered in the course are as follows (as per CA foundation accountancy study material) :

  • Meaning and Scope of accounting

    This includes definition and meaning of accounting and scope of accounting.

  • Accounting Concepts, Principles and Conventions

    This explains following accounting Concepts along with examples like – GAAP (Generally accepted accounting principles), Business Entity concept, Money measurement concept, Going Concern Concept, Accounting period concept, Cost concept, Revenue recognition concept, Matching Concept, Accrual basis of accounting, Cash basis of accounting, Full disclosure concept, Consistency concept, Conservatism concept, Materiality concept, Objectivity concept.

  • Accounting Terms

    Following terms related to accountancy are explained here along with examples – Financial Transaction / Business Transaction, Voucher, Journals, Ledger account, Capital, Liabilities and types of Liabilities, Assets and types of Assets , Capital receipts , Revenue receipts, Debtors / Receivables ,  Capital expenditure , Revenue Expenditure, Creditors/ Paybles, Expenses , Purchase, Stock/ Inventory, Profit and Loss.

  • Process of Accounting

    This explains transaction flow from various books of accounts.It also includes how to pass a journal entry , post a journal entry in ledger account and prepare a trial balance

  • Books of Accounts

    This explains about various books of accounts Journals , Ledgers , General Ledgers and Subsidiary books. It also includes process to prepare Petty Cash book, Cash book.

  • Rectification of Errors

    It explains how to rectify various types of errors in accounting.

  • Bank Reconciliation Statement

    It explains how to reconcile balance in Bank account in books and balance as per bank statement as on a particular day.

  • Inventories

    This includes Inventory Recording, Inventory Taking and Methods of determining cost of inventory

  • Depreciation

    This includes depreciation concept , Methods of calculating depreciation , treatment in case of sale of asset.

  • Bills of Exchange/ Promissory Note accounting

    This explains concept of bill of exchange/ Promissory Note, accounting for bills of exchange and promissory note along with examples.

  • Sale of goods on return basis and Sale of goods on Consignment

    This explains concept of sale of goods on consignment and sale of goods on return basis , accounting for goods sold on consignment in books of consignor and consignee, accounting for sale of goods on return basis.

  • Average Due date calculation

    This explains how to calculate average due date and use of average due date.

  • Account Current

    This explains concept of account current and accounting in account current. It also explains various methods to maintain account current along with examples.

  • Final accounts of Sole Proprietor (Manufacturing and Non- Manufacturing)

    This explains preparation of financial statement for sole proprietor, various adjustments related to financial statements and solved videos of comprehensive examples.

  • Partnership accounts

    This explains how to deal with Admission , Retirement and Death of partner , Financial Statements of Partnership Firm, accounting treatment in case of admission retirement and death of partner.

  • Non – Profit Organisations

    This explains following concepts related to non profit organisation and accounting treatment for same – donations , subscriptions, annual maintenance fees , one time fees, honorarium etc. It also includes examples on how to prepare financial statements for non profit making organisations.

  • Company Accounts – Introduction

    This includes explanation of various types of companies , Issue Re-issue and forfeiture of shares- Process and accounting , Issue of Debentures – Process and accounting.

For any queries please feel free to write us at

Happy Learning !!!



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Course Content

Module 1 : Meaning and Scope of accounting, Accounting Terms

  • What is Accounting and Financial Transaction ?
  • Accounting Terms Part 1 – What is Voucher , Journal and Ledger account ?
  • Accounting Terms Part 2 – What is Capital, Drawings , Assets and Liabilities ?
  • Accounting Terms Part 3 – What is Receipts, Revenue , Debtors and Receivables ?
  • Accounting Terms Part 4 – What is Expenditure, Expenses , Purchases and Payables ?
  • Accounting Terms Part 5 – What is Profit , Loss , Stock and Inventories ?

Module 2 : Accounting Concepts, Principles and Conventions and Process of accounting

Module 3 : Books of accounts – Journals, Ledgers ,Day books ,Subsidiary books

Module 4 : Rectification of Errors

Module 5 : Bank Reconciliation Statement (BRS)

Module 6 : Inventories and Inventory Valuation

Module 7 : Depreciation and Method of Depreciation

Module 8 : Bills of Exchange and Promissory Notes

Module 9 : Sale of Goods on Consignment and Sale of Goods on Return basis

Module 10 : Average Due date and Account Current

Module 11 : Final Accounts of Sole Proprietor (Non Manufacturing)

Module 12 : Final Accounts of Sole Proprietor (Manufacturing)

Module 13 (1) : Partnership Accounts Part 1 – Concepts of Partnership Firm, Profit sharing ratio and Valuation of Goodwill

Module 13 (2) : Partnership Part 2 – Admission Retirement and Death of Partner

Module 14 : Financial Statement of Non- Profit Organisations

Module 15 : Introduction to Companies account