Get in touch: 080 4711 2411
Request Demo
Get in touch: 0800 800 123
FINANCE ACCOUNTING   

Accounting: From Beginner to Advanced Training

Accounting: From Beginner to Advanced Training

Build a strong foundation in accounting and master advanced financial concepts. Gain practical skills in bookkeeping, financial statements, taxation, Tally, and reporting to accelerate your accounting career.

accounting-from-beginner-to-advanced-training

Why Choose Us?

Discover key features that set our training apart.

Expert-Led Training

Learn from certified instructors with real-world industry experience.

Hands-On Learning

Practical assignments and projects to build job-ready skills.

Globally Recognized Certificate

Earn a professional certificate to boost your career opportunities.

Course Overview
  

Course Overview

The Accounting: From Beginner to Advanced Training program by myTectra is a comprehensive and practical course designed to equip participants with a strong foundation in accounting principles and advanced financial accounting concepts. This program takes learners through the complete accounting cycle, financial statement preparation, transaction analysis, inventory valuation, asset accounting, investments, bonds, and financial statement analysis.

The course combines theoretical concepts with real-world business scenarios, enabling participants to understand how accounting information is recorded, processed, analyzed, and reported for effective business decision-making. Whether you are a student, aspiring accountant, finance professional, entrepreneur, or business owner, this program provides the knowledge and skills required to confidently manage and interpret financial information.

  

Course Outcomes

After completing this training, participants will be able to:

Understand and apply accounting fundamentals.
Understand and apply accounting fundamentals.
Analyze business transactions and record journal entries.
Analyze business transactions and record journal entries.
Apply debit and credit principles confidently.
Apply debit and credit principles confidently.
Complete the entire accounting cycle independently.
Complete the entire accounting cycle independently.
Prepare Trial Balance and Adjusted Trial Balance.
Prepare Trial Balance and Adjusted Trial Balance.
 Account for depreciation, amortization, and asset disposals. 
Account for depreciation, amortization, and asset disposals.
Manage accounting for investments and bonds.
Manage accounting for investments and bonds.
Analyze financial statements using industry-standard ratios.
Analyze financial statements using industry-standard ratios.
Apply inventory valuation methods such as FIFO, LIFO, and Average Cost.
Apply inventory valuation methods such as FIFO, LIFO, and Average Cost.
Prepare Income Statements, Balance Sheets, and Statements of Retained Earnings.
Prepare Income Statements, Balance Sheets, and Statements of Retained Earnings.
  

Course Outline

Module 1: Introduction to Accounting Fundamentals

Topics Covered

  • What is Accounting?
  • Importance of Accounting in Business
  • Accounting Terminologies
  • Users of Financial Information
  • Types of Business Organizations
  • Accounting Principles and Assumptions
  • Generally Accepted Accounting Principles (GAAP)
  • IFRS Overview
  • Accounting Ethics

Hands-On

  • Understanding real company financial records
  • Identifying business transactions
Module 2: Understanding Financial Statements

Topics Covered

  • Purpose of Financial Statements
  • Components of Financial Reporting
  • Income Statement
  • Statement of Retained Earnings
  • Balance Sheet
  • Cash Flow Statement Overview

Learning Activities

  • Learn and identify specific items on:
    • Income Statement
    • Statement of Retained Earnings
    • Balance Sheet

Practical Exercise

  • Review financial statements from actual companies
  • Classify assets, liabilities, revenues, and expenses
Module 3: Analyzing Business Transactions

Topics Covered

  • Accounting Equation
  • Assets, Liabilities, Equity
  • Revenue and Expenses
  • Transaction Analysis Process
  • Impact of Transactions on Financial Statements

Practical Exercises

  • Analyze various business transactions
  • Apply accounting equation effects
Module 4: Debits and Credits Mastery

Topics Covered

  • Understanding Debits and Credits
  • Rules of Debit and Credit
  • T-Accounts
  • Double Entry Accounting System
  • Common Accounting Entries

Practical Exercises

  • Journalize business transactions
  • Prepare ledger accounts
Module 5: The Complete Accounting Cycle

Topics Covered

  • Source Documents
  • Journal Entries
  • Posting to Ledger
  • Trial Balance
  • Adjusting Entries
  • Adjusted Trial Balance
  • Closing Entries
  • Post-Closing Trial Balance

Practical Workshop

  • Complete accounting cycle simulation
Module 6: Preparing Financial Statements

Topics Covered

  • Income Statement Preparation
  • Statement of Retained Earnings Preparation
  • Balance Sheet Preparation
  • Cash Flow Basics

Hands-On Activities

Participants will:

  • Prepare Income Statements
  • Prepare Statements of Retained Earnings
  • Prepare Balance Sheets
  • Link financial statements together
Module 7: Accounting Regulations & Compliance

Topics Covered

  • Must-Know Accounting Regulations
  • IFRS Fundamentals
  • GAAP Overview
  • Revenue Recognition Principles
  • Matching Principle
  • Materiality Concept
  • Internal Controls
  • Compliance Requirements

Case Studies

  • Regulatory compliance scenarios
  • Financial reporting compliance
Module 8: Inventory Accounting

Topics Covered

  • Inventory Concepts
  • Perpetual vs Periodic Inventory Systems
  • Cost Flow Assumptions

Inventory Valuation Methods

  • FIFO (First In First Out)
  • LIFO (Last In First Out)
  • Weighted Average Cost

Practical Exercises

  • Inventory valuation calculations
  • Inventory reporting analysis
Module 9: Fixed Assets Accounting

Topics Covered

  • Property, Plant and Equipment
  • Asset Acquisition
  • Capitalization vs Expense

Depreciation Methods

  • Straight Line Method
  • Declining Balance Method
  • Units of Production Method

Asset Management

  • Amortization
  • Impairment
  • Disposal of Assets
  • Gain/Loss on Disposal

Hands-On Activities

  • Depreciation schedules
  • Asset disposal calculations
Module 10: Short-Term and Long-Term Investments

Topics Covered

  • Types of Investments
  • Equity Investments
  • Debt Investments
  • Fair Value Concepts

Investment Accounting

  • Initial Recognition
  • Valuation Methods
  • Dividend Accounting
  • Interest Income Accounting

Practical Exercises

  • Investment accounting entries
  • Portfolio valuation exercises
Module 11: Bonds Accounting

Topics Covered

  • Introduction to Bonds
  • Bond Terminologies
  • Bond Valuation
  • Face Value
  • Coupon Rate
  • Market Rate

Bond Accounting

  • Bond Issuance
  • Bond Premium
  • Bond Discount
  • Amortization Methods
  • Bond Retirement

Practical Exercises

  • Bond valuation calculations
  • Bond accounting journal entries
Module 12: Financial Statement Analysis

Topics Covered

  • Purpose of Financial Analysis
  • Horizontal Analysis
  • Vertical Analysis
  • Trend Analysis

Financial Ratios

Liquidity Ratios

  • Current Ratio
  • Quick Ratio

Profitability Ratios

  • Gross Profit Margin
  • Net Profit Margin
  • Return on Assets
  • Return on Equity

Efficiency Ratios

  • Inventory Turnover
  • Asset Turnover

Solvency Ratios

  • Debt Ratio
  • Debt-to-Equity Ratio

Hands-On Activities

  • Analyze real company financial statements
  • Perform ratio calculations
  • Interpret business performance
Module 13: Advanced Accounting Case Studies

Topics Covered

  • End-to-End Accounting Cycle
  • Comprehensive Financial Statement Preparation
  • Inventory and Asset Accounting
  • Investment and Bond Accounting
  • Financial Analysis and Reporting

Capstone Project

Participants will complete:

  • Journal Entries
  • Ledger Posting
  • Trial Balance
  • Adjusting Entries
  • Financial Statements
  • Ratio Analysis
  • Management Report

Join the Course Now!
  

Clients Testimonials

Hear what our learners say about myTectra!

“I enrolled with a basic understanding of accounting and completed the program feeling much more confident. The progression from fundamentals to advanced topics was smooth, and the practical exercises helped me connect theory with real workplace tasks.”
Rahul Agarwal
Accounts Executive
“Many accounting concepts that seemed difficult during my studies became much clearer through this training. The instructor explained each topic patiently, and the hands-on sessions made a noticeable difference in my understanding.”
Divya Narayanan
Junior Accountant
“One aspect I appreciated was the focus on practical accounting entries and financial statements rather than just theory. The training strengthened my day-to-day accounting skills and improved my accuracy at work.”
Sandeep Kulkarni
Finance Associate
“The course covered a wide range of accounting topics without feeling overwhelming. Every module built on the previous one, making it easy to follow and apply the concepts in a professional environment. The support from the myTectra team was excellent throughout.”
Megha Patel
Accounts Payable Specialist

FAQ's

What is the duration of this course?

The total course duration is 40 hours delivered via instructor-led sessions and practical labs.

Will I get placement assistance?

myTectra is providing 100% placement assistance on our key courses. We help you with the career counselling, Exams on Key courses, Mock Interviews and Technical Interviews Tips.

Landing an interview proves that you have the job-specific skills for the position, but how do your interview skills stack up? Also, Soft skills are often the most important factor in showing you're the best candidate for the job.

Hence we are conducting FREE TRAINING on Soft-Skills worth Rs-25, 000 to all myTectra students which will help you to attend the interviews with more confidence.

What if I miss a class?

You will never miss a lecture at myTectra. You can choose either of the two options:

Classroom Training:

  • If you miss one or few classes we can give a backup class based on trainer and your convenient time. 
  • In case if you miss many classes, we can reschedule your class with upcoming batches or other running batches based on how many courses topics you have completed so far.

Live-Online Training:

  • View the recorded session of the class available in your LMS.
  • You can attend the missed session, in any other live batch.
Can I attend a demo session before enrollment?

Yes. We arrange a free demo for all the courses either in the Classroom or Live-Online demo. Please fill the demo request form below to schedule a free demo.

What if I have more queries?

Just give us a CALL at +918047112411 OR email at support@mytectra.com

What are the payment options?

Payments can be made using any of the following options and a receipt of the same will be issued to you automatically via email for both classroom training and Online training.

  • Visa Debit/Credit Card
  • American Express and Diners Club Card
  • Master Card
  • PayPal
  • Net Banking/Wire Transfer
  • UPI Payment such as Google Pay, PhonePe, Paytm
  • Cash/Cheque/DD ( Not for Online Training )
Where do the classes take place?

For Individual: 

Classroom Training - Bangalore

Live-Online Training - Globally 

For Corporates: 

Classroom Training - We deliver classroom training for corporate in more than 20 countries. Send us an Enquiry Now!

Online Training - Globally

* All of the classes are conducted live online. They are interactive sessions that enable you to ask questions and participate in discussions during class time. We do, however, provide recordings of each session you attend for your future reference.

Who are the Trainers?

Our Trainer’s are chosen not only for their knowledge and expertise but also for their real-time experience in the respective courses.

Back to top

Corporate Training

Empower your team to excel—transform potential into performance with myTectra Corporate Training today!

corporate-training-myTectra

We’d Love to Assist You!

Talk to our training advisor today and discover how myTectra can help you achieve your training goals.

Build Strong Accounting Skills from Beginner to Advanced

Develop skills in bookkeeping, accounting, taxation, and financial reporting with hands-on training.