Professional Documents
Culture Documents
Year 2011-2012
(February 2012)
STUDYING ACCOUNTING, TAXATION & FINANCE The purpose of accounting is to provide financial and non-financial information to facilitate decision-making relating to the management of, and investment in, public or private sector entities, and to provide some accountability to shareholders, stakeholders, and taxpayers. The major role of an accountant is to measure, interpret and communicate information relevant to these decisions. Employment prospects for graduates in accounting are wideranging. Financial accountants provide information to external parties for assessing the expected return and risk from investing in or providing resources to the entity, and/or monitoring the performance of management of the entity. Internal auditors review compliance with policy decisions, while external auditors provide an independent opinion on the credibility of financial statements that summaries the results and the financial position of an organization. Management accountants concentrate on the provision of information to management for planning, control and decision-making. Accountants specialising in taxation assist a wide range of taxpayers to comply with tax laws and provide advice on how to limit tax liabilities to the legal minimum.
The whole art of teaching is only the art of awakening the natural curiosity of young minds for the purpose of satisfying it afterwards. Anatole France
CA Nicky Milani
He is associated with Ace Consultancy and has rich and varied experience in Direct Taxes, Accounts & Internal Audits. He also holds experience in the area of ERP (SAP). He adds logic to his teachings gained in during the course of practice and otherwise."
Leena Chaudhary
She is the backbone of the academy, dedicated to the students with unlimited energy at work. She has an outstanding record in Academics B.Com, LLB, MBAHR, Diploma in Information Technology from National Institute of Information Technology (Pune), Diploma in Export Import Management, Diploma in Central Excise Law and Procedures.
R.E Kulkarni
His 25 years of experience in the field of payroll, salary & labor laws as a HR manager & management consultant is his core experience. He adds his experience to his teaching which is an added advantage to our students for gaining practical knowledge on the subject.
CA Mohnish Katre
He is associated with capital markets for years and also has experience in Equity Research working with a leading investment research company. He is involved in investment advisory services to the needs of Corporate and Retail segment.
His immense practical experience is an added advantage to TAAP students for empowering them with practical knowledge in Taxation.
His different encounters with various phases of business have mastered him in handling all aspects of business. His manufacturing experience has added significantly to TAAP.
He is a firm pillar in foundation and standing of TAAP and always a solid support in all future plans of the Academy. His Management experience has a valuable contribution to the growth of the Academy.
Duration Fees
12 Months Rs 27500 Rs
- SUMMARY
08:00 am to 10:00 am 10:30 am to 12:30 pm 12:30 pm to 2:30 pm 07 pm to 09:00 pm 9:00 am to 1:00 pm 8:00 am to 2:00 pm
Monday, Tuesday, Thursday Friday (4 days a wk) Monday, Tuesday, Thursday Friday (4 days a wk) Monday, Tuesday, Thursday, Friday (4 days a wk) Tuesday, Wednesday Thursday (3 days a wk) SUNDAY For PCMC working students having holiday on Thursday.
AS 1 AS 2
AS 4 AS 6 AS 7 AS 9 AS 10 AS 11 AS 12 AS 13 AS 14 AS 16 AS 19 AS 22 AS 26 AS 29
Disclosure of Accounting Policies Valuation of Inventories Contingencies and Events Occurring After the Balance Sheet Date Depreciation Accounting Construction Contracts Revenue Recognition Accounting for Fixed Assets The Effects of Changes in Foreign Exchange Rates Accounting for Government Grants Accounting for Investments Accounting for Amalgamations Borrowing Costs Leases (Refer Note 2) Accounting for Taxes on Income Intangible Assets Provisions, Contingent Liabilities and Contingent Assets
12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24.
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1) What is TAAP? THE ACADEMY OF ACCOUNTING PROFESSIONALS (TAAP) is a Vocational Training Institute which conducts practical work training in the field of Accountancy, Taxation (Direct & Indirect) and Investments & Finance with an objective to enable students to get employed OR to become self-employed. 2) What are the courses offered by The Academy? Complete in-detailed information in given on our website www.taap.co.in along with the prospectus. You can download the prospectus. 3) Who can do the course? Can a non commerce person do this course? Our courses are designed and developed on zero-base. Our courses are generally suitable for all persons who wish to gain professional knowledge in the areas of accounts, taxation and finance. We have students - Having 10-15 years of industry experience for updating knowledge and keeping in touch with concurrent developments - Having 3-7 years of industry experience for getting professional approach and thereby advancement in career - Having 0-3 years of Accounting / Non-accounting experience to get into respectable job in accounting, taxation and finance domain. - Who are complete fresher (Post Graduate & Graduate in any stream) to gain practical industry endorsed training and thereby they will be eligible to begin career with confidence - Who are studying (Under-Graduates, CA, CWA, MBA students) to get in touch with pragmatic view of academic knowledge. This is important because, these days all professional degree courses have adopted practical knowledge based examination system. - And the last but not the least, people having their own business, profession and selfemployed to gain knowledge so as to apply it in day to day business decisions. 4) Can I do only one Level from above mentioned levels? YES. Any person can opt for fresher level. But if anyone wants to go for Professional Level directly, s/he should have enough knowledge of prior modules. Person opting directly for professional level must clear Fresher level examination. 5) Can I do only one / two module/s from all modules? Yes. But there will not be any separate batch for individual module. S/he will join regular batch when such module is up for teaching.
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You will be definitely benefited, if you are looking at any of the following objectives in Accountancy, Payroll, Business Taxation (Direct & Indirect), Investment and Finance - Quality and factual value creating education - Gain and/or update knowledge to apply in regular job / practice - Develop professional approach towards job / career - Advancement in job career for working people - Better job prospects for fresher in industry - Begin a new career in accounts & taxation (for non-finance people) 7) How is your Academy different from other Academies? We do not want to praise us by comparing and indicating others lacunas. Its only YOU who can experience and then give an opinion. However, one can visit The Academy and meet existing students to know facts. We do not posses any positive/negative opinion about others. We believe that there should not be a comparison between academic institutes because everyone aspire to provide the best possible. 8) How is the training given to each student? What is your training methodology? We have adopted a very personalized training process where attention is given to each individual student on the basis of previous educational background, work experience (if any), grasping and understating capacity. We do not have culture batch oriented learning process. Over the years, we have observed that each person has his own way and pace of learning. Therefore, we have given flexibility to individual student to start Training Program at any time during the year. Any person who joins the academy is given 45 days grace period from due date to complete the course. Discussion with faculties and lectures are conducted in groups, but practical work training which consists of 75-80% of entire course duration, is done 100% by every student with his/her own pace of learning. Learning process will flow in following stages 1. Overview of the concept - preliminary discussion with learned faculty 2. Self-reading & understanding of contents individually 3. Practice on individual computer with experienced faculty guidance 4. Secondary review discussion, question-answers with learned faculty 5. Self-learning Practice once again, if required (optional) 6. Final lecture with discussion conducted by qualified CA / CS / CWA / LLB faculties 9) How many students accommodate in one batch? We have maximum 16 students in one batch. Although 15-16 students work together, as mentioned above we treat EVERY student as a batch. Each student study and practice with his / her individual tempo and level of understanding. The ultimate aim is to transform every student of us into a professional.
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Faculties in the academy are three-level hierarchy. We have - Assistant Faculties (Grad / PG having minimum 2 years of industry experience) - Training Faculties (Grad / PG / having minimum 5 years and Semi Qualified CA/CWA/CA having minimum 3 years of industry experience) - Qualified Professionals (CA/CWA/CS having specialized for the particular area) Complete industry endorsed training is possible only with the help of these learned faculties. We really thank them for their honest efforts. 11) How are the Training contents selected and designed? Training contents are identifies and developed by practicing finance professionals (CA/CWA/CS). These consulting professionals identify the most concurrent topics and related practices largely followed in the industry. Our course contents are designed to provide maximum practical insights to learners. Learning material is designed in a way to give demonstration and practice of all routine, non-routine and critical business transactions. Every student practices all these transaction by creating relevant Firm / Company in Tally, enters transactions systematically for the entire year and finalizes accounts. 12) Does every student gets individual computer for practice? Yes. Absolutely throughout course duration..! 13) What is the duration of the courses offered in your Academy? Please refer to Prospectus document. You can download the same from our website www.taap.co.in. Detailed Information is provided in prospectus. 14) What are the batch timings for courses? Please refer to Prospectus document. You can download the same from our website www.taap.co.in. Detailed Information is provided in prospectus. 15) Can a student combine batches if he/she wishes to complete the course early? Yes. One can accelerate the course by attending multiple sessions. This is subject to availability of seat in other batches. 16) What are the course fees? Is there a facility of installments? Fees schedule is clearly given in prospectus document. You can download from our website www.taap.co.in. Fees can be paid in installments. Detail Information in provided in prospectus. 17) Are there any concessions or discounts available? Concession or negotiation is possible only in case of Corporate / Group training involving minimum 5 persons.
18) How the exam conducted and what is the passing percentage?
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Academic examination is conducted on online on computerized e-examination system. Passing percentage in this examination is 50% average of all the subjects. Examination marking criteria will be: 1) Sincerity & Consistency 2) Technical Skills 3) Presentation Skills
1. Sincere and consistent - Wholehearted and honest efforts to learn / work - Punctuality / attendance - Reliability / Responsibility - inform if not attending the class 2. Technical skill - Academic Record and performance - Accounting and taxation knowledge - Performance during the training period 3. Personality - Confidence - Communication skill - Positive Attitude
19) What if a student fails in the exam? A student can appear for the examination for 5 maximum times. There must be a gap of minimum ONE month in subsequent attempts. If a student fails for 5 times, he/she may quit OR rejoin for the entire course afresh. 20) Your training fees are very high! We believe that our offerings are absolutely value for money. One may observe following facts Approx Average No. Months to Private Educational Institutes Cost Salary P/M Recover Cost - MBA from any Premier Institute - MBA from well-Known Institute - MBA from Average Institute - CA / CWA / CS - Engineer from well-known Institute - Certification from TAAP Rs.10 lacs Rs. 8 lacs Rs. 6 lacs Rs. 2 lacs Rs. 2.5 Lacs Rs. 25,000/Rs.100000/Rs. 50000/Rs. 20000/Rs. 30000/Rs. 15000/Rs. 8300/10 16 30 7 17 3
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Mobile: +91 98502 88732 Tele / Fax : +91 20 25660474 Email: info@taap.co.in url: www.taap.co.in Office Timings: Monday to Friday: 9:30 am to 7:00 pm Sunday : 9:00 am to 1:00 pm (Holiday on SATURDAY)
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