Accountancy-I (Course Code: ECO-02)

This course covers IGNOU syllabus topics, including fundamental concepts and complex areas like consignment and joint ventures. Perfect your skills in preparing final accounts and handling incomplete records for academic success. Enroll now for expert guidance and comprehensive content.

Live Course

Live Class: Saturday, 23 Mar

Duration: 22 Hours

Enrolled: 12

Offered by: IGNOU Guidance

Live Course

About Course

Accountancy-I is a comprehensive course designed to equip students with a strong foundation in accounting principles and practices. Tailored specifically for BCA Semester-II and B.Com Second Year students, this course covers essential topics outlined in the IGNOU syllabus. Whether you're pursuing a BCA or B.Com degree, this course provides expert guidance to help you excel in the upcoming IGNOU Term End Exams.

Key Highlights:

  • Fundamental Accounting Concepts:

Gain a deep understanding of fundamental accounting principles and concepts essential for financial reporting and analysis.

  • Preparation of Final Accounts:

Learn to prepare accurate final accounts, including trading, profit and loss accounts, and balance sheets, ensuring proficiency in financial statement preparation.

  • Consignment and Joint Ventures:

Explore the complexities of consignment and joint venture accounting, including the treatment of transactions and preparation of relevant financial statements.

  • Handling Accounts from Incomplete Records:

Master the techniques for handling accounts from incomplete or partial records, enabling you to reconstruct financial information and prepare comprehensive statements.

What You Will Learn:

Understanding Accounting Fundamentals:

Develop a solid grasp of basic accounting concepts, including principles of double-entry bookkeeping, recording transactions, and maintaining ledger accounts.

Preparing Final Accounts:

Acquire the skills needed to accurately compile final accounts, ensuring compliance with accounting standards and regulations.

Exploring Consignment and Joint Ventures:

Delve into the nuances of consignment and joint venture accounting, covering aspects such as valuation, profit sharing, and treatment of unrealized profits.

Accounts from Incomplete Records:

Learn to analyze incomplete financial data, apply appropriate accounting methods, and reconstruct financial statements for decision-making purposes.

Enroll in Accountancy-I to enhance your understanding of accounting fundamentals and prepare effectively for the upcoming IGNOU Term End Exams. With expert guidance and comprehensive course content, you'll be well-equipped to excel in your academic pursuits and beyond.

Course Offerings

  • Prepare You for the Examination
  • Assignment Preparation Guidance
  • Last Year Exam Questions Discussion
  • Study Learning Material (Soft Copy)
  • Provision of Notes if Required
  • Interactive Classes Led by Teachers
  • Clarification of Doubts During Class
  • Access Recordings of Live Classes
  • Accessible on all Devices
  • Community Based Discussion Forum
  • Topics
  • Instructor (1)
  • Basic Concepts of Accounting
  • The Accounting Process
  • Cash Book And Bank Reconciliation
  • Other Subsidiary Books
  • Bills of Exchange
  • Concepts Relating to Final Accounts
  • Final Accounts I
  • Final Accounts II
  • Errors and Their Rectification
  • Consignment Accounts-I
  • Consignment Accounts-II
  • Consignment Accounts-III
  • Joint Venture Accounts
  • Self-Balancing System
  • Accounts from Incomplete Records-I
  • Accounts from Incomplete Records-II
  • Accounts from Incomplete Records-III
  • Accounts of Non-Trading Concerns-I
  • Accounts of Non-trading Concerns - II
  • Depreciation - I
  • Depreciation - II
  • Provisions and Reserves

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