Accounting for CA Inter - Paper 1 (Module 1)

A Complete Online Course covering Module 1 of Accounting Paper 1 CA Inter

Course Summary

Welcome to this course Accounting for CA Inter Paper 1 (Module 1)
Who should take this course?
This course is meant for students preparing for Chartered Accountancy Inter Examinations. This course topics of Module 1 of Paper 1 Accounting.
Why you should take this course?

By taking this course, you will be able to have complete coverage of Module 1 topics with lot many case studies to solve. Approaching complex topics through case studies is the best way to understand them and you will find lot many in this course.

What you will learn by taking this course?
This is a comprehensive course, covering each and every topic in detail. In this course,you will learn Module 1 topics explaining concepts, theories, and techniques which deals with conceptual frame work.
a) Introduction to Accounting Standards
b) Framework for preparation and presentation of financial statements.
c) Overview of Accounting Standards.
How this course is structured?
This course is structured in self paced learning style. Each and every section of this course is broken down as various micro lectures and then they are substantiated with examples and case studies. You'll gain authority on each and every topic as i take you through lectures one by one. This course is presented in simple language with examples. This course has video lectures (with writings on Black / Green Board / Note book / Talking head, etc). You would feel you are attending a real class.
What are the pre-requisites for taking this course?
You should have basic knowledge of Accounting. You would require good internet connection for interruption free learning process.
How this course will benefit you?
At the end of the course, you will be able to solve above advanced concepts, case studies in Accounting Module 1 Topics at ease with high level of confidence. This course will equip you for approaching CA Inter Examination with confidence as well hand real life problems with clarity.

Course Curriculum

Introduction to Accounting Standards
6 Lessons
- Convergence to IFRS in India
  Start
- Advantages of Accounting Standards
  Start
- What are Accounting Standards?
  Start
- Need for convergence of AS with IFRS
  Start
- Status of Accounting Standards
  Start
- What is IFRS and benefit of convergence?
  Preview
Framework for Preparation and Presentation of Financial Statements
24 Lessons
- What is Ind AS?
  Start
- What are Carve Outs and Carve Ins in Ind AS?
  Start
- Implementation of Ind AS for Companies
  Start
- Implementation of Ind AS for NBFC, Scheduled Commercial Banks, Insurers / Insurance Companies
  Start
- Intro to fundamental accounting assumptions
  Start
- Recognition of asset and liability - example
  Start
- Components of Financial Statements
  Start
- Objectives and Users of Financial Statements
  Start
- Going Concern Assumption
  Start
- Accrual Basis Assumption
  Start
- Elements of Financial Statements
  Start
- What is Asset?
  Start
- What is Equity?
  Start
- What is Liability
  Start
- What is Expense?
  Start
- Current Cost Convention
  Start
- What is Income?
  Start
- Realisable Value
  Start
- Measurement of elements of Financial Statements
  Start
- What is Historical Cost?
  Start
- Present Value Convention
  Start
- Concept of Capital Maintenance
  Preview
- Financial Capital Maintenance at Historical Cost
  Start
- Physical Capital Maintenance at Current Cost
  Start
AS 1 DISCLOSURE OF ACCOUNTING POLICIES
4 Lessons
- Introduction to AS 1 Disclosure of Accounting Policies
  Start
- Fundamental Accounting Assumptions
  Start
- Accounting Policies
  Start
- Going Concern Assumption Case Study
  Start
AS 2 VALUATION OF INVENTORY
18 Lessons
- AS 2 Introduction
  Start
- Items excluded from scope of AS 2
  Start
- Types of Inventory
  Start
- Inventory cost ascertainment
  Start
- Valuation of Inventory
  Start
- Measurement of Inventory
  Start
- Cost of Inventory
  Start
- Joint Products or Byproducts
  Start
- Cost Formula
  Start
- Other Techniques of Cost Measurement
  Start
- Net Realisable Value
  Start
- Disclosure Requirements
  Start
- Value of Inventory Case Study
  Start
- Treatment of Fixed Overheads Case Study
  Start
- Computation of Cost of Inventory Case Study
  Start
- Valuation of Inventory Net Realiable Value Item by Item Basis Case Study
  Start
- Treatment of Normal and Abnormal Loss and Valuation of Inventory Case Study
  Start
- Treatment of Production Overheads in Valuation of Inventory Case Study
  Start

CA N Raja Natarajan

I am a Chartered Accountant with tonnes of passion for teaching.

I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai.

I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc.

I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc.

I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.

John Smith

Developer

Highly Recommended Course. Easy to Understand, Informative, Very Well Organized. The Course is Full of Practical and Valuable for Anyone who wants to Enhance their Skills. Really Enjoyed it. Thank you!!

Course Summary

Course Curriculum

Introduction to Accounting Standards

Framework for Preparation and Presentation of Financial Statements

AS 1 DISCLOSURE OF ACCOUNTING POLICIES

AS 2 VALUATION OF INVENTORY

CA N Raja Natarajan

John Smith

Highly Recommended Course. Easy to Understand, Informative, Very Well Organized. The Course is Full of Practical and Valuable for Anyone who wants to Enhance their Skills. Really Enjoyed it. Thank you!!

Course Pricing

One time payment