Description

Course Name: Certificate in Financial Accounting Management

Global Occupational Skill Standard – GOSS ID: GOSS/BAF/CFAM/V1

Eligibility: 10+2 (Higher Secondary) or Equivalent.

Duration: Three Months.

Objective: The Certificate in Financial Accounting Management course is designed to equip learners with a comprehensive understanding of financial accounting principles, tools, and techniques used in modern business environments. The course aims to develop proficiency in financial reporting, budgeting, cost management, and financial analysis to support effective decision-making.

Get ready to join the Journey to become a GSDCI Certified Professional  – International Certification and Assessment Body.

Steps to become a GSDCI Certified Professional:

Step 1: Select your certification you want to pursue.

Step 2: Click on get certified tab, new pop up window will open.

Step 3: Click on pay certification fee, you will be redirected to billing details page.

Step 4: Fill your details and click on pay certification fee, You will be redirected to payment gateway, pay fee by any available options like Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.

Step 5: You will get Login Credentials of Online E-Books and Online assessment link on your email id, within 48 hrs of payment.

Step 6: After completion of the online assessment, the soft copy of your certificate will be sent to your registered email ID within 5 days.

Assessment Modules:

Module 1: Fundamentals of Accounting: Introduction to Accounting Principles, Types of Accounts and Golden Rules, Journal Entries and Ledger Posting, Trial Balance Preparation and Error Rectification, Subsidiary Books and Cash Book, Final Accounts of Sole Proprietors

Module 2: Financial Statements and Analysis: Preparation of Trading and Profit & Loss Account, Balance Sheet Preparation with Adjustments, Depreciation Accounting Methods, Financial Statement Analysis using Ratios, Common Size and Comparative Statements, Cash Flow and Fund Flow Analysis

Module 3: Cost and Management Accounting: Cost Concepts and Classification, Cost Sheet Preparation and Cost Allocation, Marginal Costing and Break-even Analysis, Budgetary Control and Variance Analysis, Standard Costing Techniques, Activity-Based Costing (ABC)

Module 4: Accounting Standards and Regulatory Framework: Overview of Indian Accounting Standards (Ind AS), IFRS and Global Accounting Standards, Revenue Recognition and Lease Accounting, Inventory and Fixed Asset Valuation Standards, Ethical Issues in Accounting, Regulatory Bodies and Compliance (SEBI, ICAI)

Module 5: Taxation and Auditing: Basics of Direct and Indirect Taxes (GST, Income Tax), Computation of Taxable Income and Filing Procedures, TDS and Advance Tax Concepts, Audit Planning and Types of Audit, Vouching, Verification and Internal Control, Auditor’s Report and Responsibilities

Module 6: Financial Management and Decision Making: Capital Structure and Cost of Capital, Working Capital Management, Capital Budgeting Techniques (NPV, IRR, Payback), Dividend Decisions and Theories, Financial Planning and Forecasting, Risk Analysis and Financial Decision Making

GSDCI Online Assessment Detail:

• Duration- 60 minutes.
• Number of Questions- 30.
• Number of Questions from each module: 5.
• Language: English.
• Exam Type: Multiple Choice Questions.
• Maximum Marks- 100, Passing Marks- 50%.
• There is no negative marking in any module.

Benefits of Certification:

1. Global Recognition & Credibility – Stand out worldwide with a certification that opens doors across borders. Trusted by employers, respected by institutions, and recognized in over 100 countries.

2. Quality Assurance through ISO Certification – Certified to global ISO standards, our programs deliver excellence, consistency, and a benchmarked learning experience that speaks for itself.

3. Career Advancement & Employability – Enhances your resume and increases chances of promotions or job offers.

4. Non-Profit Trust Factor – Certifications from non-profit organizations are mission-driven rather than profit-driven.

5. Access to Verified Learning & Resources – Often includes e-books, mock tests, and online support without hidden costs.

6. Transparency & Online Verification – Certifications come with a unique Enrolment ID for easy online verification by employers and institutions.

7. Lifetime or Long-Term Validity – Certifications usually have lifetime validity or long-term recognition, reducing the need for frequent renewals.