Month end closing


  • Looking for a job in Month End Closing area?
  • Do you want to learn ways in which you can speed up your month-end closing process?
  • Do you want to enhance your accounting skills that will help you climb up the ladder at your firm?
  • Do you want to upgrade your knowledge on all record to report activities such as general accounting, closing and reporting, reconciliations etc?

If you have answered yes to these questions, you have come to the right place.

Month End Reporting is a Key function in Finance and Accounts Department. Under this all-financial accounting information is reviewed and reconciled. Based on this the company performance is assessed. Most of the times it is the report which is seen by the Top Management and quarterly and year end reports are also seen by the shareholders.

This course will help you learn how to approach your closing process differently and come up with various ideas to speed up your most challenging processes and toughest numbers to generate. It will teach you to prepare ahead for the month's end, along with techniques to make sure your numbers are more accurate. Less closing time means more time for strategic, value-added opportunities to improve your company and your career.

At over 21 hours long, with 18 modules and practice sessions, this course will make sure you are clear withall your  problems related to closing accounts along with other aspects of accounting.

This course Includes

  • Basic Theory and concepts explained
  • Practical Examples
  • Short quizzes build in the learning
  • Interactive
  • Keep repeating and learning till one learns and understands
  • Training ERP – a Live Practice session
  • Question Bank
  • Continuous updating of knowledge base
  • Sharing of Knowledge
  • On Demand Learning – the trainee will be able to match/plan his time according to his other plans.

What will you Gain?

  • Enhanced learning which will help you to get you through the job interviews. Your chances of getting a job increases.
  • Your performance in the interviews will be better and this can get you a better salary as compared to others.
  • Your knowledge will lead to better performance in the job leading to a faster growth.
  • You will face less anxiety in the job as post training you understand the job Expectation
  • Due to better training and practice you will be able to settle in your job faster
  • Less on the job training time required by you
  • Higher Productivity when the you join the organization

Who is this course for?

  • Freshers and up to 5 years of Experience or anyone who wants to make a career in Finance and Accounts Outsourcing/Offshoring Operations.

The requirements of this course are

  • Word processor/MS Office
  • No prior experience required
  • Enthusiasm and determination to make a difference!

Fixed Asset

  • Module 1 - Introduction to the Subject – Covering Definition, Functions, Objectives, Limitations of accounting, Users of Accounting information, Why Accounting is a business language, Accounting Cycle, Double Entry System explanation.
  • Module 2 - Meaning of basic accounting terms we use
  • Module 3 - The Nut and bolts - 9 accounting concepts and 4 accounting conventions explained
  • Module 4 - Concept of Cash Basis and Accrual Basis of Accounting
  • Module 5 - Golden Rules of Accounting (Traditional & Modern Approach with examples and significance)
  • Module 6 - Accounting Equation – (logic, application, examples)
  • Module 7 - Journal and application in Accounting Equation (This will include lots of example journal entries as activity. Accounting Equation is separately included in this module)
  • Module 8 - Ledger Posting (How to post entries, balance accounts and understand the logic)
  • Module 9 - Closing Entries/meaning of month-end closing of Books of Accounts
  • Module 10 - Bank Reconciliation Statement - base building (Introduction to BRS, ground rules of cash book and pass book, sample problems)
  • Module 11 - Concept of Balance Sheet Accounts reconciliation (8 steps of BSR, subsidiary ledger, important terms, responsibility matrix, tips for BSR)
  • Module 12 - Reserves and Provisions - meaning and difference (Capital and revenue reserve, difference between reserve and provision, self-evaluation questions)
  • Module 13 - Trial Balance and Adjustments/Rectification entries concept (Trial balance Format, types of errors, suspense account, Trial balance sample entries activity)
  • Module 14 - A glimpse of Finalization of accounts with adjustments (Trading account, profit and loss account, balance sheet, adjustments, different between fixed and current assets, liabilities)
  • Module 15 - Depreciation Accounting (Causes and Methods of depreciation, Amortisation, depletion, practice problems)
  • Module 16 - Concept of Capital and Revenue Expenditure/Income (Difference between capital and revenue expenditure, deferred revenue expenditure, capital and revenue receipt, capital and revenue profit/loss)
  • Module 17 - Other Day Books/Subsidiary Books (Such as purchase book, sales book, cash book)
  • Module 18 - A brief overview of Inventory accounting and Cost of Goods Sold concept

Practice Session – Journal and application in Accounting Equation - We have created a Training ERP system on which the trainees will practice the concepts which they have learned. They are given 100 Journals with Accounting Equation impacts. They have to complete the postings correctly. This is based on real life scenario.

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