CFX+

CFX+ is the most sought-after course, blending confirmative learning methodology and in-depth knowledge on the latest and relevant modules in accounting. We are best known for courses after 12th in Indian market. Apart from CFX+, we are also in demand for our professional courses, courses after graduation and correspondence courses.

Pedagogy

An effective work-way requires wisdom based on contextual analysis rather than intelligence alone.

At ICFE, the pedagogy comprises of a balanced mix of subjective and practical knowledge by presentations, panel discussions, simulation exercises and games.

Duration : 12 Months Eligibility : 10+2/Intermediate or equivalent from any recognized Board

MODULE - I PERFECT OFFICE

Microsoft Word

  • Introduction, Overview of all parts, Advance formatting
  • Paragraph formatting, Decorative formatting, Border & shading
  • Styles & editing features, Table, Macro
  • Header and Footer, symbols and text formatting, Tabs setting
  • Illustrations and links, editing (find and replace, go to)
  • Page setup, page background
  • Table of contents, Endnote & footnotes
  • Comment, track change, protection and view
  • Letter mailing, envelop, and label making

Microsoft Excel

  • Introduction, alignment, number formatting, formatting
  • Cell reference, past special, Transpose, mixed cell reference
  • Naming a cell range, conditional formatting
  • Validation, comment
  • Goal seek, scenario, solver, subtotal
  • Formula auditing, sort, chart
  • Data, duplicate value, filter, advance filter
  • Consolidate, view, header & footer
  • Hide/unhide workbook/worksheet, freeze panes, split window
  • Printing setting, save workspace, macro
  • Group & outline, custom list, text functions
  • MIS with Pivot Table
  • Math functions
  • Data base functions
  • Date & time Functions
  • Statistical Functions
  • Logical functions
  • Lookup and reference functions
  • Financial functions
  • Loan Amortization sheet

Microsoft Power Point

Microsoft Power Point

    • Introduction, slide Design, Animation
    • Slide Show and Doubt Class

PROJECT:
 PREPARE SLIDES BASED ON CURRENT TOPICS.

PROJECT:
PREPARE SLIDES BASED ON CURRENT TOPICS.

Learning Outcome-

  • Demonstrates correct keyboard fingering techniques independently & Achieves typing speed goal with accuracy.
  • Learn to use formatting techniques and presentation styles.
  • Get knowledge of organizing and displaying large amounts and complex data.
  • Preparation of MIS reports.

Exit Profile-

    • MIS Executive
    • Data Entry Operator

MODULE - II ADVANCE PRACTICAL ACCOUNTS

  • Introduction, need of accounting
  • Terminology of Accounts
  • Golden rules
  • Journal Entries
  • Ledger
  • Trial balance
  • Final Account without adjustment
  • Final Account with adjustment
  • Rectification of errors
  • Depreciation
  • Bank Reconciliation Statement
  • Stock Valuation
  • Ratios Analysis
  • Cash Flow Statements
  • Company accounts & Schedule VI
  • Reports and Provision
  • Introduction of Banking
  • Banking Instrument
  • Technological Developments
  • Loans & Documentation

Learning Outcome-

  • Develop knowledge of the fundamental & technical aspects of accounting.
  • Construct the financial statements i.e. profit loss account and balance sheet in accordance with generally accepted accounting principles.
  • Able to analyze the strengths and weaknesses of each financial statement.

PROJECTS:

  • FILLING OF VOUCHERS ACCORDING TO TRANSACTIONS
  • ANALYSE  FINANCIAL REPORTS BASED ON COMPANY'S BALANCE SHEET

PROJECTS:

  1. FILLING OF VOUCHERS ACCORDING TO TRANSACTIONS
  2. ANALYSE FINANCIAL REPORTS BASED ON COMPANY'S BALANCE SHEET

MODULE -III TALLY ERP9 ACCOUNTING & INVENTORY

  1. History of Tally, Version, Process of Install Tally, company Creation
  2. Creation/Alteration/Display of Ledger & Group
  3. Voucher Entries (payment, Contra, Journal, Receipt)
  4. Purchase, Sales, purchase return & Sales return
  5. Adjustment entries (o/s expenses, prepaid expenses, loss by fire etc.)
  6. Cost center and Category, BRS,
  7. Budget and Control
  8. Maintain Multiple Godown, Group, category, batch wise details
  9. Purchase Process with inventory mode
  10. Sales process with inventory mode
  11. Additional features on inventory (types of discount)
  12. Job Costing, Additional cost of purchases
  13. Bill of Material, Stock journal, Manufacturing,
  14. Reversing journal, optional voucher, scenario
  15. Memorandum, postdated, physical stock voucher
  16. Currency, Export & Import

Learning Outcome-

  1. Learn to control high performance business management.
  2. Learn to respond on queries by locating right transaction quickly.
  3. Able to utilize all effective resources of a company in a limited time period
  4. Capability to generate instant & accurate reports which assist the management to take

Timely and correct decision

  1. Provides remote capabilities to access the data from anywhere & anytime without

Copying/transferring the data
Exit Profile-

  • Accounts Assistant
  • Accounts Executive

MODULE-IV ADVANCE INDIRECT TAXATION

A)VALUE ADDED TAX

  1. Introduction Indirect Tax, and VAT
  2. Registration, form for registration
  3. Composition scheme
  4. Rates of taxes and Calculation
  5. Invoice, Books & Records
  6. Adjustment and payment of VAT
  7. Return
  8. Audit Provisions
  9. Assessment of tax

B)    CENTRAL SALES TAX

  1. Introduction of CST
  2. CST registration
  3. CST form

C)SERVICE TAX

  1. Introduction of Service tax, registration
  2. Classification of services, Valuation
  3. Exemptions, Books & Records
  4. Payment And Refund, E-payment
  5. Return, form
  6. Assessment, CENVAT Credit Scheme

D)EXCISE

  1. Introduction of Excise,
  2. Types of excise duty
  3. Registration, Classification
  4. Valuation of Excise Duty
  5. Small scale Industries, Procedures for export due to draw back
  6. Books & records,
  7. Assessment & return.

Learning Outcome-

  • Knowledge of different types of forms- VAT, CST,EXCISE, SERVICE TAX
  • E-filling of returns.

MODULE-V TALLY-TAXATION (DIRECT AND INDIRECT TAXATION)

  1. VAT introduction, Theory of VAT, Computation
  2. Tax period, Vat Return, payment of Tax, Composition VAT
  1. Central Sales Tax introduction, Registration, Forms
  2. Transaction of purchase and sales in VAT
  3. CST purchase and sales, Adjustment of VAT
  4. Multiple Vat, Composition Vat
  5. Voucher types for VAT sales, Reports of VAT
  6. Introduction of Service tax, Computation, Challan and return form
  7. Journal Entries of Service tax, adjustment of service tax
  8. TDS introduction, Rates, Penalties
  9. Journal Entries and Payment of TDS
  10. Introduction of TCS, rates, list of goods, journal entries, payment of tax
  11. Introduction of Excise, types of excise challan form, return form
  12. Purchase and sales in Trading excise
  13. Purchase and sales in Manufacturing excise

Learning Outcome-

  • Generation of statutory reports under VAT, Service tax, Excise Challan.>
    • Practical Application of Indirect Taxation of sale & purchase

    MODULE-VI Advance Direct Taxation

    A)Basic Information

    1. Introduction of Direct Tax, assessment and previous year, person
    2. Rates of income tax and Computation
    3. Residential status
    4. Exempted income
    5. Agricultural income

    B)Income from Salary

    1. Meaning of salary, foregoing & surrender of salary, Voluntary payment
    2. Allowances, 100% taxable allowances, CEA, HA, TA, HRA etc.
    3. Perquisite, RFA, LTC, Interest free loan, Use of movable asset
    4. Supply of gas, electricity or water, car, education facility, club, MA
    5. Leave encashment, gratuity, pension and Family pension
    6. Provident fund, SPF, RPF, URPF, PP
    7. TDS of income from salary, deduction of Income from salary
    8. ITR-1

    C)Income from House Property

    1. Terminology, municipal, fair, standard rent, GAV, NAV, Standard deduction
    2. Vacant period, unrealized rent, recovery of unrealized rent, received of arrear
    3. Self-occupied house, partly let out partly vacant & partly let out partly self-occupied
    4. Pre construction period interest, interest of loan
    5. ITR-2 and Practical question

    D)Profit or Gain from Business or Profession

    1. Introduction, How to compute the income from business or profession
    2. Expenses allowed/ disallowed as deduction and payment of relatives, bad debts
    3. Computation of income for life insurance agents, civil construction, leasing or hiring
    4. Income from undisclosed sources, audit of certain persons
    5. Practical questions
    6. Tax challan, tax computation and ITR-IV

    E)Capital Gains

    1. Introduction, chargeability, type of capital asset,
    2. Computation steps, cost inflation index, method of indexing
    3. Exemptions under section 54 to 54G
    4. Computation of capital gain in case of self-generated asset, bonus shares
    5. Practical question

    F)Income from other sources

    1. Chargeable income, deductions, when income will be charged under this head
    2. Tax computation, ITR-II

    G)Other Adjustment in income

    1. Clubbing of Income
    2. Set off & carry forward of Losses
    3. Deduction from Total income
    4. Advance tax payment
    5. Return of income & assessment
    6. TDS & TCS
    7. Interest and Rebates
    8. Assessment of Company & Minimum alternate Tax
    9. Assessment of individual
    10. Assessment of Firm
    11. Wealth Tax

    Learning Outcome

      • To acquire the ability to apply the knowledge of the provisions of laws to various situations in actual practice.
      • Manual tax calculations according to tax slab, filling of ITR & Saral 2

    MODULE VII TALLY PAYROLL& LABOUR LAWS

    1. Introduction, Creation of Master, Employee Groups, Employee, pay heads
    2. Salary details, attendance entry, salary payment entry
    3. Production based earning pay head, as user define value, employee deduction
    4. Employer's statutory contribution pay head, due entry, payment of contribution
    5. Other pays heads, and report of payroll

    Learning Outcome-

    • Learn to generate pay slips & Form-16
    • Prepare statutory reports related with labor law ( PF, ESI, Gratuity)

    MODULE VIII: BUSINESS LAW & FINANCIAL MANAGEMENT

    1. The contract Act
    2. Sales of goods Act
    3. Negotiable instrument Act
    4. Companies Act
    5. Information technology Act
    6. Patents Act
    7. Financial planning forecast
    8. Capital budgeting
    9. Working capital Management
    10. Management of profit and dividend policy
    11. Capitalization

    Learning Outcome-

    • Knowledge of fundamental legal principles behind contractual agreements.
    • Have knowledge of, and ability to use, fundamental tools of legal research in real life problems.

    MODULE VIII: BUSINESS LAW & FINANCIAL MANAGEMENT

    1. The contract Act
    2. Sales of goods Act
    3. Negotiable instrument Act
    4. Companies Act
    5. Information technology Act
    6. Patents Act
    7. Financial planning  & forecast
    8. Capital budgeting
    9. Working capital Management
    10. Management of profit and dividend policy 
    11. Capitalization

    Learning Outcome-

    • Knowledge of fundamental legal principles behind contractual agreements.
    • Have knowledge of, and ability to use, fundamental tools of legal research in real life problems.

    MODULE IX: DOMAIN SPECIALIZATION

    1. MANUFACTURING
    2. TRADING
    3. SERVICES
    4. LOGICTICS
    5. IMPORT AND EXPORT
    6. FINANCIAL AUDIT

    Learning Outcome-

    • To gain expert knowledge of current auditing practices, procedures and apply them in auditing work.
    • Able to audit books of accounts on basis of defined standards

    MODULE X: COST MANAGEMENT

    1. The contract Act
    2. Sales of goods Act
    3. Negotiable instrument Act
    4. Companies Act
    5. Information technology Act
    6. Patents Act
    7. Financial planning forecast
    8. Capital budgeting
    9. Working capital Management
    10. Management of profit and dividend policy
    11. Capitalization

    Learning Outcome-

    • Knowledge of fundamental legal principles behind contractual agreements.
    • Have knowledge of, and ability to use, fundamental tools of legal research in real life problems.

    MODULE XI: LIFE SKILLS

    Introduction to communication Skills, Barrier to communication, Effective communication, Interpersonal Skills, Work Ethics, Grammar Correction ,Spoken English, Mother Tongue Influence, Presentation Skills, Team Skills, Proactive Planning, Questioning and Answering Techniques, Close ended and open ended questions, Sense of Probing, Modal usage, Basic Writing Skills ,Difference between Formal and casual language, Dressing sense, First impression is the last impression, Resume writing, Introduction to email and e-communication, Adapting Environment, Group discussion, Data description, Presenting yourself, Group activities

    Learning Outcome-

    1. It brings out behavioral changes among the students so that they develop interpersonal, communication, team building skills and leadership skills
    2. Students acquire employability skills so that they can get employment easily. 
    3. It develops competencies and capabilities in several work related skills & making them competent and confident in handling tasks effectively and efficiently.

    EXIT PROFILE AFTER CFX+

    1. Financial Advisor
    2. Finance Executive
    Finance Manager