Fundamental Principles Of Banking And Finance

A course to get familiar with Accounting concepts in Banking and Finance

What you'll learn
Provides explanations on most commonly used Banking terms and Finance concepts
Explains the basic principles and practices followed by Bankers
Explains concept around Non Performing Assets
Knowhow on Basic Accounting concepts around Journal, Ledger, Trial Balance, Bank Reconciliation, Subsidiary Books, Cash Book, P&L, Balance Sheet
Ready Reckoner Concepts on Special Accounts, Inventory Valuation, Depreciation, Consignment, Joint Ventures, Leasing and Hire Purchase.
Requirements
This course is a Beginner Level on the Principles of Banking and Finance.
Description
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.

Overview

Section 1: Fundamental Principles and Practices for Bankers

Lecture 1 Fundamental Principles and Practices for Bankers

Lecture 2 Audio Lecture - Fundamental Principles and Practices for Bankers

Section 2: Book Keeping and Accounting

Lecture 3 Book Keeping and Accounting

Lecture 4 Audio Lecture - Book Keeping and Accounting

Section 3: Special Accounts in Accounting

Lecture 5 Special Accounts in Accounting

Section 4: Final Accounts and Closing Entries in Accounting

Lecture 6 Final Accounts and Closing Entries in Accounting

Lecture 7 Audio Lecture - Final Accounts and Closing Entries in Accounting

Section 5: Company Accounts

Lecture 8 Company Accounts

Section 6: Final Quiz

This course is intended for enthusiastic Learners and Professionals in the field of Banking and Finance.