Description

Course Name: Professional Diploma in Financial Accounting

Global Occupational Skill Standard – GOSS ID: GOSS/PD-FBI-FA-161

Eligibility: 10+2 or equivalent

Language Type: English

Course Type: Self-Paced Online Learning

Objective: The Professional Diploma in Financial Accounting aims to enhance learners’ understanding of accounting principles, financial statements, bookkeeping, and reporting practices. The course focuses on developing skills in financial analysis, budgeting, transaction management, and accounting procedures to help learners support accurate financial management and organizational performance.

Duration: 6 Months / 370 Hours

Steps to become a GSDCI Certified Professional:

Step 1: Select your Course you want to pursue.

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

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

Step 4: Fill your details and click on pay course 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 Digital(PDF) copy of your Diploma & Marksheet will be sent to your registered email ID within 7 days.

Course Modules:

Module 1: Fundamentals of Financial Accounting: Introduction to Financial Accounting, Accounting Principles and Concepts, Accounting Terminology and Basic Accounting Equation, Double Entry Bookkeeping System, Rules of Debit and Credit, Journal Entries and Recording Transactions, Ledger Accounts and Posting Procedures, Trial Balance Preparation, Rectification of Accounting Errors, Preparation of Final Accounts.

Module 2: Advanced Accounting Practices: Partnership Accounting Concepts, Admission and Retirement of Partners, Dissolution of Partnership Firm, Company Accounting Fundamentals, Share Capital Accounting, Issue and Forfeiture of Shares, Debenture Accounting, Consignment Accounting, Branch and Departmental Accounting, Non-Profit Organization Accounting.

Module 3: Cost and Management Accounting: Introduction to Cost Accounting, Classification of Costs, Material Cost Control Techniques, Labour Cost Accounting, Overhead Allocation and Absorption, Cost Sheet Preparation, Job and Batch Costing, Process Costing Methods, Marginal Costing and Break-Even Analysis, Budgetary Control and Standard Costing.

Module 4: Taxation and Compliance Accounting: Introduction to Taxation Systems, Direct and Indirect Taxes, Income Tax Fundamentals, Tax Calculation and Filing Procedures, Tax Deducted at Source (TDS), Goods and Services Tax (GST) Concepts, GST Registration and Returns, Input Tax Credit Management, Payroll Tax Compliance, Tax Audit and Documentation.

Module 5: Computerized Accounting and Financial Software: Introduction to Computerized Accounting Systems, Accounting Software Features and Applications, Company Creation and Configuration, Ledger and Voucher Management, Inventory Accounting, Bank Reconciliation Process, Financial Report Generation, GST Accounting Using Software, Payroll Processing Systems, Practical Training in Accounting Software.

Module 6: Financial Analysis and Professional Accounting Skills: Introduction to Financial Statement Analysis, Ratio Analysis and Interpretation, Cash Flow Statement Preparation, Fund Flow Statement Analysis, Working Capital Management, Financial Planning and Decision Making, Internal Control and Audit Procedures, Accounting Ethics and Professional Practices, Management Information System (MIS) Reporting, Practical Project and Case Study Analysis.

GSDCI Online Assessment Detail:

• Duration- 120 minutes.
• Number of Questions- 60.
• Number of Questions from each module: 10.
• Language: English.
• Exam Type: Multiple Choice Questions.
• Maximum Marks- 600, Passing Marks Above 40%.
• There is no negative marking in any module.

Benefits of the Professional Diploma

1. Globally Recognized Professional Diploma – Earn a professionally designed diploma that enhances your profile and demonstrates industry-relevant knowledge. Widely valued by employers, organizations, and institutions across multiple sectors.

2. Quality Learning with ISO-Certified Standards – Our training programs are developed under ISO-certified quality management practices, ensuring a structured, consistent, and high-quality learning experience.

3. Enhanced Career Opportunities – Strengthen your resume, improve your professional skills, and increase your potential for employment, career advancement, and new job opportunities.

4. Issued by a Non-Profit Skill Development Organization – The diploma is awarded by a mission-driven organization dedicated to promoting skill development, vocational education, and lifelong learning.

5. Comprehensive Learning Resources – Access quality study materials, e-books, practice assessments, mock tests, and learner support to help you successfully complete the program.

6. Secure Online Verification – Every diploma and marksheet is issued with a unique Enrolment ID and QR Code, enabling employers, institutions, and other stakeholders to instantly verify the authenticity of your credential online.

7. Lifetime Validity – The Professional Diploma is issued with lifetime validity and does not require periodic renewal, allowing you to showcase your achievement throughout your career.

8. Flexible Self-Paced Learning – Learn anytime and anywhere at your own pace, making it easy to balance your studies with work, business, or personal commitments.

9. Industry-Relevant Curriculum – The curriculum is designed to focus on practical knowledge, current industry trends, and real-world applications to improve workplace readiness.

10. Skill-Based Professional Qualification – Demonstrates your commitment to continuous professional development and validates your practical knowledge and skills in the subject area.

Job Opportunities after Professional Diploma in Financial Accounting

Graduates of this program develop skills in accounting principles, financial reporting, bookkeeping, taxation basics, budgeting, auditing support, and financial analysis, preparing them for roles in accounting, finance, banking, and business operations sectors.

Key Career Options: Accounts Executive, Financial Accounting Associate, Junior Accountant, Finance Assistant, Tax Assistant, Audit Assistant, Bookkeeping Specialist, Payroll Executive, Accounts Payable Executive, Financial Analyst.

Salary Range (India):
Entry-level: ₹2.5–5 LPA
Mid-level: ₹5–10 LPA
Senior-level: ₹10–18+ LPA (based on experience, accounting expertise, and professional certifications)

Industries Hiring Graduates: Accounting Firms, Banking & Finance Companies, Corporate Organizations, IT Companies, Manufacturing Industries, Consulting Firms, Retail Businesses, E-commerce Companies, Government Organizations, and Small & Medium Enterprises (SMEs).

Skills Developed: Financial accounting, bookkeeping, financial statements, taxation basics, budgeting, auditing practices, payroll management, accounting software skills, data analysis, and financial reporting.

Graduates can progress to roles like Senior Accountant, Finance Executive, Accounts Manager, Financial Analyst, Tax Consultant, or start professional accounting services with experience and advanced certifications.