MISSION

“To equip the aspiring students with the in demand accounting skills by providing them with hands-on training on the most widely accepted business software, so as to make them job-ready professionals. This is the sole mission of NIFA.”

VISION

To evolve a world class institution shaping careers through excellent products and services with best of human resources, systems and technology.

PURPOSE

‘Tamso Ma Jyotirgamaya’ –A journey from darkness to enlightenment.

VALUES

Value for Money

Superior quality with accessible pricing is our key guiding principle.

Quality

Being an ISO-9001 company, our process is geared towards delivering high-quality educational services consistently.

Practical

Taught to train and taught by the trained, ensuring job readiness.

Techno Savvy

Consistently updating our teaching methods and curriculum to be ahead in the corporate sector is our unique driving force.

Responsive

Attending to the needs and issues of our students and our partners is a practice well entrenched into our work culture.

NIFA

National Institute of Finance and Accounts

A division of NIFA Infocomp Services (P) Ltd has witnessed the growth of the new emerging India for almost a decade now. The company is headed by a group of qualified finance professionals and has an association with leading accounting software companies.NIFA,is now offering a specific tailor-made course, Certified Professional Computer Accountant (NIFA-CPCA)to students who aspiring to make a career in the field of finance and accounts.

NIFA-CPCA is a unique comprehensive course valid for students with any academic background. This is a hands-on job-oriented program. It not only helps you get a strong command over computer accounts and financial management,but,also over spoken English, thereby preparing you for the corporate sector.

Be a NIFA Certified Professional Computer Accountant and transform your life.

QUALIFIED FACULTY

Each member of the NIFA faculty is qualified, experienced and, is of high caliber. Charted Accounts, Company secretaries, ICWAs and finance professional constitute the majority of NIFA’s faculty. From time-to-time senior executives from the field of banking, Finance, and Taxation are invited as guest faculties to provide exposure to students in the field of corporate case studies.

THE COURSE CONTENTS

Trimester-I

MODULE-I: COMPU LEARN:

Computer Fundamental including MS Office (Word, Excel, Power point etc)

• Meaning and need of computer for an accountant
• Computer Hardware overview-Input device, Output device, Storage device etc.
• Opening system-Detail discussion on Windows XP
• Organizing Files and Folders
• MS Word, Excel, PowerPoint.
• Networking and Internet
• CD/DVD Burning with windows XP & Nero.
• Formation of computer
• Various Routine tips.

MODULE-2: BUSINESS ACCOUNTING:

Accounts Fundamentals, Including basic accounting principles & other topics pertaining to Bank reconciliation, Depreciation, Ledger posting, Financial statement etc.

• Meaning and Process of Accounting (Better for non commerce students)
• Accounting Concepts, Conventions, Equation & other fundamental terms.
• Book keeping-Preparation of Journal, Subsidiary books, Cash Book, Ledger & Trial balance.
• Financial Statements-Trading Accounts, Profit & Loss Accounts and Balance sheet.
• Financial Statements with important adjustments.
• Rectification of Erros, Concepts of Capital & Revenue Expenses.
• Bank Reconciliation Statement(BRS)
• Meaning of Depreciation and its accounting.
• Accounting for Non Profit Organization
• Various Accounting Tips.

MODULE-3: TALLY BASICS:

Computerized Accounting by using Nationwide accepted & widely used Tally software (latest version)

• Introduction of Tally with use of tally for accounting.
• Company Creation on Tally.
• Configuration of Tally.
• Enabling/Disabling of Tally Features.
• Group Company and Pre defined group of accounts.
• Various terms related to ledger-Creation, alteration etc.
• Voucher types, Creation of voucher and voucher entry with advance voucher entry-Zero Value entry, Batch wise detail, Additional cost of purchase etc.
• Inventory function and its uses with advance features-Re-order level, Price level, Point of sale, Job costing etc.
• Advance Accounting Features-Cost center, Cost category,Budgets,Interest Calculation,Multi Currency,Cheque printing, Credit etc.
• Various Types of report-Trial Balance, Accounts Books, Day book, List of Accounts, Stock summary, Physical stock register, Case flow statement, Fund flow statement, Ration analysis, Exception report etc.
• Software Covered: Tally(Latest version)

MODULE-4 BUSINESS AND COMPANY LAW:

Knowledge of company law, including, Gratuity Act, Partnership Act, ESI, PF&Bonus Act.

• The payment of Gratuity Act, 1972-Meaning, Application, Calculation, Payment procedure etc.
• Indian Partnership Act, 1932-Introduction, Types of Partnership, Types of Partner, Pertnership deed, Registration Procedure, Admission of partner, retirement of partner and Dissolution of partnership etc.
• Employee’s state Insurance Act 1984-Meaning application, Advantage of the scheme, Process etc.
• Payment of Bonus Act, 1965-Itroduction Applicability, Computation, Calculation of Bonus, Payment etc.
• Employees Provident Funds-Introduction, applicability, Benefits of the act, Contribution, Interest, Annual statement of accounts, PF settlement. Employer’s Responsibility, Employee’s Resposibility, Forms & Challans etc.
• Company Law-Nature & Classes of Company,Incorparation of company,Prospectus,Share capital and shares, Meaning and terms related to Director.Meeting,Types of meeting, Manual as well as Computerized preparation of Forms & return using MCA-21.
• Software covered: Online overview of MCA-21 using Internet.

Trimester-II

MODULE-5: DIRECT TAXATION:

Basic knowledge of Income tax and overview of Wealth tax

• Basics of Income Tax and General terminology of Income Tax.
• Detail Discussion on Five head of Income.
• Computation of Total Income.
• Clubbing of Income.
• Deductions from Income U/S 80.
• Advance Tax & Assessment procedure.
• Concepts & Detail Knowledge of TDS/TCS.
• Manual Return Preparation & Filling of Forms, Challans etc.
• Overview of Wealth Tax.

MODULE-6: INDIRECT TAXES:

Basic knowledge of Sales Tax, VAT, Excise and Service Tax

• Central Sales Tax (CST)-Introduction, Applicability, Concepts and procedure and Various Forms and Challans
• Value Added Tax (VAT)-Introduction, Applicability, Registration Procedure, Computation, Return Filling, Assessment, Manually filling of forms,challans etc.
• Excise Act-Introduction of Excise duty, Applicability, Registration, Calculation of excise duty, Cenvat Credit, Manual preparation of Excise return, Forms, Challans etc.
• Service Tax-Introduction of Service tax, Applicability, Chargeable Services, Registration and complete procedure, Concepts of Input Credit, Return filling etc.

MODULE-7: TALLY ADVANCE:

Computerized Advance accounting (Statutory & Taxation)

• Quick Setup: - Excise for Manufacturer, Excise for dealer, Value Added Tax, Tax Deducted at Source, Tax Collected at Source.
• Excise – Type of Excise Duty, Excise for Dealer and Excise for Manufacturer, CENVAT Credit, Excise from.
• Service Tax: - Input Service Tax, Output Service Tax Ledger, Adjustment Entry, Service Tax Challan.
• Value Added Tax: - Input Vat, Output Vat, Composition Scheme,Adjusiment Entry, Service Tax challan.
• Tax Deducted at Source.
• Tax collected at source.
• Payroll :- Payroll Reports, Attendance Reports,PF Reports,ESI Reports, Gratuity

MODULE -8: TAXATION SOFTWARES:

• Compu Tax + Compu TDSsoftwares for tax computation & e-filling of returns.
• CompuServe – Tax Computation and e-filling of returns.
• Excise Manufacturing + Excise Trading :- Preparation of Excise returns of manufacturer & Traders using softwares.
• Nriyat:- For export import documentation.
• Software Covered:Tally(Latest version),Compu Tax,Compu TDS,Compu Serve,Excise Manufacturing,Excise Trading & Niryat.

Trimester-III

MODULE -9: BANKING, INVESTMENT AND INSURANCE:NG

Fundamental of Banking, Investment and Insurance, which includes, banking Procedures, Projects Financial, Investment option and online share trading.

1. Banking Fundamental.
2. Practical overview of banking, Instruments and documents (Cheque, Pay in Sleep, Account Opening etc.
3. Preparation of Loan projects
4. Introduction of investment, available investment option with important terminology
5. Concept of Portfolio management and its advantages.
6. Types of markets and provision related to stock market
7. DEMAT account opening and its working
8. Online Share Trading
9. Insurance sector basics
10. Life insurance fundamentals : How to choose a good policy
11. General Insurance fundamentals
12. Agency Law : Working as an Insurance advisor
 

MODULE -10 : COSTING AND MANAGEMENT TECHNIQUES :

Fundamental of costing with Managerial Techniques

1. Introduction of cost, Costing and cost accounting with its Uses advantages and disadvantage
2. Cost sheet
3. Meaning and types of costing including concepts of fixed cost, Variable cost and semy variable cost.
4. Marginal costing including Break even point concept and P/ V ratio.
5. Meaning and standard costing and budget with various related concepts.
6. Cash flow statement
7. Ratio analysis
8. Concept of Decision making and its use
9. Working Capital Management
 

MODULE -11 : INVENTORY AND LOGOSTICS MANAGEMENT:

Concepts of Logistics management & control, supply chain with import and export procedure.

• Meaning of logistics management and its importance for an Organization.
• Area of logistics management with its important terminology.
• Meaning of Inventory various cost related to inventory and concept of Inventory management.
• Level of stock-Maximum level, average level, Reorder level, etc.
• Concept of Re ordering and with economic order quantity.
• Supply of material-Quotation, Sales order, Packing, Transportation and accounting.
• Goods delivery-Domestic & International.
• Import & Export Procedure with its documentation.

MODULE – 12:AUDITING:

Meaning and need of auditing with various concepts related to topics

• Meaning of Auditing & auditor with its use and need.
• Various concepts related to internal Control.
• Concepts related to internal audit.
• Concepts related to Statutory audit.

The Companies you can aspire for NIFA students are there

• Sat guru Cargo & Air Freight (LLC)Dubai.
• ICICI Prudential
• IDEA
• HDFC Bank
• Sony World.
• Maruti Ltd.
• CMC Computer.
• Stock Exchange Jaipur.
• Rastriya Saksharta Mission.
• SKS Micro Finance (P) Ltd.
• Mahima Real Estate (P) Ltd.
• Vishal Retail Ltd.
• Basics India Ltd.
• Pantaloon.
• Onida.
• Jajoo Chemicals.
• Shiv Shakti Polymers.
• Vikalp Multimedia.
• Meditron Ltd Ranchi.
• G.C Foods Pvt Ltd.
• Kashap Eye Hospital, Ranchi.
• Geeta Steels (P) Ltd, Patna.
• Singhania Re-Rolling Mills (P) Ltd.
• Capitol Hill, Ranchi
• Paragon Finance Ltd, Ranchi.
• La Militaire Academy.
• Sun Overseas (P) Ltd.
• Golden Shares & Stock (P) Ltd.
• Equi Plus (India)
• Fullerton India Credit.
• Tata Sky.
• Liberty Auto mart.
• NCMSL.
• Shri Krishna Polymers.
• Motilal Oswal & Sons.
• Adarsh Kutir Udyog.
• Amaron (Mahindra & Mahindra)
• Tata Indicom.
• Genpact.
• ABN Amro Bank.
• Ganapati InfoTech.
• Bharat Vikash Parishad Hospital.
• J.R.Builders & Developers.
• Bungue India Ent.Pvt.Ltd.
• Toshakhana Handicrafts.
• Amar Ujala.
• Rawatpura Inter College.
• Hindustan Agro.
• Reliance Infocom.
• JMK Motors.
• Veer Laminates.
• AHA
• KVR Energy & Eng Pvt.Ltd.
• Om Shanti Builders and many more….

Address:

Zoo Road Tiniali