Coming soon
Mathematics & Accounting for Bankers
Candidates undertaking the course will have comprehensive and up-to-date knowledge in the subject of mathematics and accounting management in banking
Basics of Business Mathematics
Basics of Business mathematics- Calculation of simple Interest and compound Interest, Fixed and Floating rates of interest, Calculation of EMIs, Calculation of front end and back end interest.
Basic accounting procedure- Concepts of accountancy, entity, going concern, double entry system. Record Keeping basics, account categories, debit and credit concepts, journalizing, Maintenance of cash/subsidiary books and ledger
Trial balance, adjusting and closing entries-Day Book and General Ledger Posting. Depreciation- meaning, Need of charging depreciation, Methods- Straight line and WDV.
Bank Reconciliation Statement- Need for reconciliation between cash book and bank pass book, Problem relating to the prepration of Bank reconciliation statement. Bills of Exchange- Bills receivable and bills payable, Acceptation and Endorsement, Discounting, Retirement, Dishonour and Renewal of bills, Accomodation bills.
Final accounts- Concept of capital, Revenue and Deferred Revenue Expenditure, Opening entries, Closing entries, Adjustment entries. Manufacturing, Trading and Profit and Loss Account (With Adjustment) and Balance Sheet.
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• Seghal, Ashok and Seghal Deepak, Fundamentals of financial accounting, Taxmann Allied Services, New Delhi
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