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Types of business organisation allowed in India, Need and importance of accounting for business, Important terms used in real life accounting, Journalize any business transaction ( i.e Debit v/s credit ), Examples covering almost all real life business transactions, Discussion on financial statements & its components, Setting up Tally using business case studies, Walkthrough of financial statements & reports, Learn alternative ways to access accounts, Meaning, structure & broad concept of GST, Registration under GST regular v/s composition, Place, time & value of supply ( GST rules ), Payment of Tax, interest, late fee & penalties under GST, Surrender, cancellation & revocation of GST registration, Important provisions of GST law (E-way bill, refund), Record & create GST invoices for business transactions, Introduction about Income Tax & basic terms, Income Tax slabs for various Taxpayers (including new Tax system), Types of Taxable Income (salary, house property, business or profession, capital gains & other income ), Modes of payment of Tax - advance, self assessment & TDS, TDS - rates, payment, return, interest & penalties, FDR interest from customer and bank perspective with TDS impact, Walkthrough of income Tax e-filing website, Setting-up Tally for Income Tax, TDS & TCS, Return preparation & filing - Company & Partnership, Understanding statutory deductions - PF, ESI & PT, Application of commonly used excel formulas & short cuts (sum, sumif, index, match, vlookup, hlookup, data sorting, filters, transpose, iferror, pivot table), Format of balance sheet & P&L statement as per companies act, Format of cash flow statement as per AS-3, Preparation of balance sheet & P&L statement using excel, Preparation of cash flow statement using excel, Posting transaction - sales, purchase, receipt, advance receipt & payments. 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