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How to go about with the course

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Student will be made to form a virtual company of his
own for carrying out the accounting transactions. This
is....
- To Provide a feeling of "own Company
Create Company - To Identify various requirements Viz., Vendors,
Customers, Employees, Banks et.,

There are 50+ accounting processes that


covers the below mentioned functions Students are expected to do an accounting process
minimum number of times.
Start with Accounting of Capital The student will be carrying out over 400 transactions
received by the time the course is completed.

Recording & Reporting processes Students will learn the importance of:
1. Trigger documents
2. Master documents &
3. Transactional documents
Accounting of Accounts Payable & in each of the processes.
Accounting the Receivable processes
Transactions
Students will be made to understand to follow step by
step method for each of the processes

Accounting of Various Statutory


processes & Depreciation All the documents generated will be in the name of
the virtual company formed by the student.

The mistakes done by the student in each transaction


Accounting of Payroll process & Bank
will be displayed instantly on completion of the
reconciliation process
transactions.

Process reports will enable the student to understand


various mistakes done in the transaction & helps them
Transaction Reports in rectifying the same in the next transaction

Reports
After each successful transaction, the student will be
Financial Statements able to view the various reports Viz., Profit and Loss
account, Balance sheet, Trial Balance, Day book

Students will earn points after completing each


successful transaction.
Earn Points

Earn Points Students will take up Interim quizzes after completion


of set of transactions. Minimum score has to be
secured to move to the next tranasctions. The student
Interim & Final Quiz has to repeat the interim quiz till the minimum score is
secured. On compeltion of the entire set of processes,
Interim & Final Quiz the student will have to take the final quiz.
Assessment
Students will take up online VIVA , record their
Assessment
VIVA & Final Job answers through a video recording & upload to
Readiness assessment ArthaVidhya for validation by the faculty. ( ArthaVidhya
VIVA & Final Job wizard helps the student to do this activity easily )
Readiness assessment

Final Job Readiness Student will take up the Final Skill GAP assessment to
assessment measure the skill level of the student after completion
of the course.

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