Master in Record to Report

Record to Report ( R2R ) is a Finance & Accounting management process which involves collecting, processing and delivering relevant, timely and accurate information used for providing strategic, financial and operational feedback to understand how a business is performing. 

It not only involves the systematic accounting & reporting process but also covers Monthly, Quarterly & Annual closing with finalization of accounts. 

Commerce Graduates / PG, MBAs etc who are perusing for career in Accounting & Finance. 

Finance & Accounts executives working in the industry at executive or managerial levels seeking career advancement through skills development. 

  • Basic accounting principles & concepts. 
  • Type of transactions & processes – Basic Journal Entries, Bank reconciliations, Inventory Valuation, Depreciation, Fixed Assets Accounting, Concept of Differed Tax, Provisions entries & reversal of the same, Year end adjustment entries, Segmental Reporting. 
  • Preparation of Financial Statements – Balance Sheet, Profit & Loss A/C, Cash Flow statements. 
  • Basic understanding of Financial Statements as per IND-AS- Schedule III. 
  • Practical Accounting in Tally ERP of above
  • To gain Conceptual understanding as well as Practical insight of Finalization of Accounts. 
  • To gain detailed understanding of :- 
    • Steps involved in the process GL accounting. 
    • Process of Finalization & Closing of accounts.
    • Year-end adjustments, depreciation & closing accounting entries.
    • How to read & understand Financial Statements
  • On successful completion, participants will receive a certificate from Acecom Skills Development.
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