Fundamental Principles of Banking and Finance

About this course

This course is a Beginner Level course in the field of Principles of Banking and Finance. It aims to bring out the fundamental concepts in understanding various Accounting terms and includes detailed explanations on Accounting Standards, Concepts and Conventions.Marketing Information System is explained with precise explanations on EFT Systems, SWIFT, NICNET, Indonet etc.Non Performing Asset in the context of Banking and Finance is explained along with documentation and compliance timeframes for the Banking Industry in India.This course casually introduces Accounting Concepts in Bookkeeping, Special Accounts, Final Accounts and Company Accounts. In Bookkeeping, fundamental concepts and principles are explained including making journal entries, posting Ledger Accounts, where the Learners start to make sense of the fundamental Accounting Concepts and Conventions.Basic Accounting concepts are dealt with in Subsidiary Books, Cash Books introduced in this coursework for Professional Learners. Depreciation and Depreciation Accounting find subjects in its introductory concepts in this coursework.Basic accounting concepts are introduced around Journals, Ledger, Trial Balance, Bank Reconciliation, Subsidiary Books, Cash Books, Trading Accounts, Profit & Loss and Balance Sheet in this course.Special Accounts are also introduced including, Inventory Valuation, Depreciation, Consignment, Joint Ventures and Leasing and Hire Purchase throughout this course.It is a basic coursework for those Learners interested in taking up an advanced coursework in Accountancy in the Banking and Finance field. It also helps aspirants of Diploma or Junior Associate Programs excel in the exams of various Banking and Financial Institutions. It, no doubt, makes its Learners, get introductory concepts in Accounting and pays way for Learner to attain a higher level course work in the same subjects.