Financial Reporting Course

What you will learn?

Learn the fundamentals of Financial Transactions

Preparing Transactional Reports in a business

Link VAT, TDS, and Advance Tax Filings with Financials

Prepare Accounting Schedules and link them with Financial Reports

Calculate the cost of goods sold and gross profit in a business

Bifurcate expenses in Admin, Selling & Distribution, and Financial categories

Calculate depreciation from the Fixed Assets schedule

Prepare Profit & Loss a/c and thereby calculate the provision for Income Tax

Link Cash book and Bank Accounts with Balance Sheet

Prepare Debtors and Creditors Ageing Sheet

Determine Opening & Closing Inventory

Link Capital Accounts, Reserve & Surplus, and Profit & Loss to the Balance Sheet

Determine Current & Non-Current Loan Balances

Compile a Balance Sheet with all necessary details

Prepare a Cash Flow Statement with the help of the Balance Sheet & P&L

Prepare a Statement of Change in Equity

Make necessary adjustments in the Financial Reports

Discuss Year End Compliances

Case Studies on Manufacturing and Service Based Businesses

Prepare Provisional and Projection Reports of a Business

About this course

Learning a business-related skill is always a big plus in everyone's career. Accounting skill is also not different. During the early days, accountants spend much of their time learning accounting entries, recognizing financial transactions, and generating basic software reports. Of course, these skills are a must if anyone wants to start their career in accounting, but it can not take you very far. The reason is simple, you need more technical and subjective knowledge in order to excel.

So what are more technical skills for an accountant position?

Well, there are many. Preparation of Profit & Loss A/c, Balance Sheet, Cash Flow, and Schedules is the most important one. Then comes skills like analyzing Financial Indexes, determining depreciation rates, and closing the financial year with proper confirmations. Finally, it's time to jump into provisional and projected reports. This can ultimately lead you to become a Financial Manager.

Feels exciting right? Hurry up and grab this opportunity to learn multiple accounting and taxation skills on our "Learn Financial Reporting" course.

Welcome to KBAverse.

Requirements

Experience in Practical Accounting

Laptop/Computer

Internet

Comments (6)

Bishnu Kant Purbey Student

8 Aug 2024 | 07:48 pm

How Shall i view recorded classes video

Ramdash bhattarai Student

4 Jun 2024 | 06:52 am

How to join

SHARAD PANDEY Student

29 Aug 2023 | 09:36 pm

I recently completed the Financial Reporting course at Khata Business Academy, and I must say it exceeded my expectations in every way. This course provided me with a comprehensive understanding of financial reporting that I can confidently apply in my professional life.

Khata Business Academy Student

30 Aug 2023 | 08:06 am

Thank you so much Sharad Jee for sharing your experience in this course. :-)

Shishir Dahal Student

20 May 2023 | 09:30 pm

The financial reporting course exceeded my expectations with its comprehensive content and interactive approach. Instructors skillfully break down complex concepts and make them easy to understand. Furthermore, practice templates reinforce your knowledge, and course materials serve as valuable references. I highly recommend this course to anyone wishing to improve their financial reporting skills or to pursue a career in accounting or finance. It's a fulfilling learning experience that you won't regret.

Khata Business Academy Student

21 May 2023 | 10:03 am

Thank you so much Shishir Jee for sharing your experience in this course. <3

Ram Kumar Thapa Student

10 Jan 2023 | 01:17 pm

I have been working as an accountant since 5yrs and i took this course to know more about the projection report. but through the course i find many error on my previous practice. Bipin sir really have upgraded my knowledge of accounting to next level. Now i have changed many of my reporting system from basic to make best financial reports. I find this course useful for both beginner and intermediator level accountants.

I think Khata Business Academy is really on next level on training smoothly through online platform in Nepal.
I am waiting to take next course (NFRS) on coming days.

Thank you

Khata Business Academy Student

11 Jan 2023 | 12:43 pm

Thank you so much Ram Kumar Jee! :-)

Kapil Panth Student

6 Sep 2022 | 09:08 pm

Video ta chate Yana hai sir

ZOOM Class Recordings

1 Parts

Accountant's Guide to Financial Statements Preparation

Play

01. Introduction

7 Parts

1.1 Course Introduction

Play

Course Schedule

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1.2 Financial Reports

1.3 Balance Sheet

1.4 Profit & Loss

1.5 Cashflow Statement

Teacher's Content [Financial Reports]

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02. Financial Transactions

14 Parts

2.1 Financial Transactions

2.2 Purchase

2.3 Purchase Return/Debit Note

2.4 Fixed Assets

2.5 Expenses

2.6 Direct Expenses

2.7 Indirect Expenses

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2.8 Types of Expenses

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2.9 Sales

2.10 Sales Invoice Practice

2.11 Sales Return/Credit Note

2.12 Payment & Receipt

2.13 Teacher's Content [Financial Transactions]

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2.14 Teacher's Content [Import]

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03. Import Accounting

7 Parts

3.1 Definition of Import

3.2 Process of Import

3.3 Performa Invoice and Telegraphic Transfer

3.4 Export Invoice and Packing list

3.5 Summary of Import Report

3.6 Description of Pragyapan Patra

3.7 VAT Calculation Sheet During Import

04. Business Taxation

13 Parts

4.1 Income Tax

4.2 Rate of Taxation

4.3 Annual Tax Liability & Return

4.4 Tax Deducted at Source [TDS]

4.5 TDS Calculation & Payment

4.6 ETDS Return Filing

4.7 TDS on Salary

4.8 Introduction to VAT

4.9 Illustration of VAT

4.10 Things to Remember in VAT

4.11 VAT: Calculation, Payment & Return

4.12 Teacher's Content [Taxation]

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Download: VAT Summary

0.125 MB

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Budget Update 2081-82

5 Parts

Introduction to Budget FY-2081-82

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Changes in Income Tax

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Changes in Value Added Tax

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Scheme in Budget 81-82

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Budget Conclusion

Play

05. Transactional Report

20 Parts

5.1 Introduction to Transactional Report

5.2 Purchase Summary

5.3 Expense Summary

5.4 Fixed Asset Summary

5.5 Sales, Payment and Receipt Summary

5.6 Purchase Return Summary

5.7 Sales Return Summary

5.8 Import Summary

5.9 Purchase Transaction Report

5.10 Debit Note Transaction Report

5.11 Sales Transaction Report

5.12 Credit Note and Import Report

5.13 Expenses Report (part 1)

5.14 Expenses Report (part 2)

5.15 Fixed Asset Report

5.16 Receipt Report

5.17 Salary Expenses

5.18 TDS [Withholde]

Download: Transactional Report Practice Template

Format: EXE || Version: 2.0.0.1 || Last Updated: 21-11-2023 || Contact course support for activation code if needed. Support: 9801074002

22.5 MB

5.19 Teacher's Content [Transactional Report]

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06. Taxation Reports

6 Parts

6.1 Sales & Purchase Register

6.2 Advance Tax Report

6.3 Calculation of Income Tax of Company

6.4 TDS Report

6.5 VAT Report

6.6 Fines & Penalties

07. Year-End Reports

5 Parts

7.1 Closing Stock

7.2 Debtor and Creditors Report

7.3 Confirmation Letter

7.4 Annexure 13

7.5 Bank Reconciliation Statement

08. Financial Reports

7 Parts

8.1 Prev. Year Financial Reports

8.2 Profit & Loss Statement

8.3 Balance Sheet - Assets

8.4 Balance Sheet - Liabilities

8.5 Cash-Flow Statement

8.6 Statement of Change in Equity

Download: Financial Ratio Analysis Practice File

Version: 1.0.0.0 | Release Date: 2024-04-03 | Software may ask for Activation Token, Please contact Course Team to get yours.

22 MB

09. Case Studies

7 Parts

9.1 Accounting for Different Businesses

9.2 Manufacturing Business

9.3 Service Based Business

9.4 Agro-Based Business

9.5 Construction Business

9.6 Hospitality Business

9.7 Other Businesses

10. Provisional and Projection

6 Parts

10.1 Warm-up

10.2 Povisional & Projected Part-1

10.3 Provisional & Projected Part-2

10.4 D-02 & D-03 Return Filing

Download: Projected Report Practice Template

Format: EXE || Version: 2.1.0.0 || Last Updated: 18-01-2024 || Contact course support for activation code if needed. Support: 9801074002

22.5 MB

Certification Test

14 Questions

30 Min

Passed grade: 70/100

Attempts: 0/

11. Financial Budgeting

2 Parts

11.1 Preparation of Financial Budget

Budgeting Practice File

0.03 MB

Practice Templates

13 Parts

1.1 Accounting Practice Set

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2.1 Purchase Bills

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2.2 Fixed Assest Bills

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2.3 Expenses Bills

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2.4 Sales Bills

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3.1 Tax Calculation Sheet

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3.2 TDS Calculation Sheet

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3.3 VAT Calculation Sheet

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3.4 TDS For Employees

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4.1 Financial Reporting Practice Template

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5.1 Calculation of Taxable Income

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5.2 Fine & Penalties

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6.1 Projected Financial Statement

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e-Books

5 Parts

01. Financial Transactions in a Business

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02. Previous Year's Audited Financial Statement

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03. Accounting For Different Businesses

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04. Return Filing Process

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05. Financial Ratio Analysis

1 MB

Previous Batch Recordings

15 Parts

Session 01 Starting with Financial Reporting Course

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Session 02 Essentials Of Financial Statements

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Session 03 Impact Of Financial Transactions In Reporting

Session 04 Financial Transactions And Reports

Session 05 Import Accounting And MIS

Session 06 practicing Transaction MIS

Session 07: Practical Application of Transactional MIS

Session 08: MIS And Managerial reporting

Session 09 Taxation And Managerial reporting

Session 10: Concluding With Managerial reports

Session 11 Starting With Financial Statement Preparation

Session 12: Practice In Financial Statement's Preparation

Session 13 Balance Sheet and Ratio Analysis

Session 14 Ratio Analysis

Session 15 Concluding with Projection Reports

5.00

15 Reviews

Content quality (5)

Instructor skills (5)

Purchase worth (5)

Support quality (5)

Reviews (15)

Content quality

Instructor skills

Purchase worth

Support quality

Ram Kumar Thapa

10 Jan 2023 | 01:33 pm

Sandip Kumar Pandit

14 Jan 2023 | 06:28 pm

Dipendra Kumar singh

12 Mar 2023 | 11:36 am

Shishir Dahal

21 May 2023 | 10:06 am

Subash Kumar Sah

22 Jul 2023 | 08:53 am

SHARAD PANDEY

30 Aug 2023 | 08:04 am

MANOJ MAHARJAN

30 Nov 2023 | 09:48 pm

Great !!

Anil shrestha

13 Jan 2024 | 06:45 pm

Satish Sunar

25 Jan 2024 | 08:11 pm

I used to think I knew everything, but after taking this course, I realized I didn't know anything. This course is beyond expectation and practical.The teaching style of Bipin Sir is excellent.Want to take Nfrs after this.

Suresh Kumar Shrestha

6 Apr 2024 | 11:51 am

Rupesh Bhandari

15 Apr 2024 | 04:35 pm

I would like to thank the Khata Business Academy who launched such a good course in Nepal, because of which people like us who have to learn by doing work have got an opportunity to upgrade themselves at home and their self-confidence has increased. After completing the financial reporting and business taxation courses and getting the certificate from here, I will now take the NFRS course accordingly. Finally, I would like to thank Khata Business Academy. Thank you Bipin sir for your teaching and understanding while teaching. Thank You.

Sunil Kumar Yadav

23 May 2024 | 11:05 pm

Arjun Shrestha

23 Jun 2024 | 03:57 pm

Firstly, I would like to express my sincere gratitude to the entire KBA team for putting together such a comprehensive and insightful course. The content was exceptionally well-structured, covering everything from basic financial statements to advanced reporting techniques. The practical examples and case studies provided a clear understanding of how theoretical concepts apply in real-world scenarios. I was particularly impressed by the expertise of the instructors. Their knowledge and ability to explain complex topics in a clear and engaging manner made the learning experience truly enjoyable. The interactive sessions and forums allowed me to connect with fellow learners and share valuable insights.

Uttam Gurung

12 Aug 2024 | 08:37 am

Ananda Man Shrestha

15 Aug 2024 | 07:12 pm

I m really impressed with Khata Academy ... It has managed courses in very structured way and m feeling amazing learning experience from your academy !