Course Objective: With the development of new world at the mid of 2oth century, business activities increased in number and still this process is going on. Accounting and finance education has been one of the emerging discipline of the past decade. In the new economy, the challenges of money management are quite varied. Managers and industry leaders have to make quick forecast and investment decisions involving millions of dollars and a wrong move might spell disaster to their organizations. The objective of this program is to understand the role of financial services in the business organization develop a global strategic perspectives among the management professionals in the organization and to inculcate advance skills for handling emerging areas of financial services. In such a fast moving, high risk scenario, the evaluation and quantification of risks, the measurement of risk reward pay offs, sounds forecasting, are all very important elements towards making informed decisions. This is why need of professional Accountant and finance personnel. In this content the importance of AF (Accounting and Finance) is increasing day by day. Looking to the need of local Afghanistan’s organizations, there is a lot of scope and requirements of skilled and Professionals in this field. Accounting and Finance is a six months diploma. The course has been designed keeping in view the need of local company. We believe that the course will help all those accountant and finance personnel who are working or will work in future in this field.

OUTLINE:

1st Semester
Principles of Accounting
Phase I
 Introduction to Principle of Accounting with Basic concepts
 What is mean by Book Keeping, elaborate difference between Single and Double Entry system?
Find out different Terms of Accounting
 Introduction to Accounting cycle
Discuss different problems of topics with solution.
Case Studies in Group activities & Projects
Phase II
How business data convert in to Chronological record in Journal
Posting different records in Journal in to Ledger
Preparation of Trial Balance from different Ledger balances
Discuss different problems and questions of topics with solution
Case Studies in Group activities & Projects
Phase III
Introduction to Financial Statement
Preparation of Income Statement
Statement of Owner’s Equities; to find out investment in a business
Discuss different problems and questions of topics with solution
Case Studies in Group activities & Projects

Phase IV
Find out the position of a business on specific date while using Balance Sheet
Statement of Cash Flow at the end of Balance Sheet
Work Sheet Shows elaborate the Business position
Discuss different problems Practical questions of topics with solution
Case Studies in Group activities & Projects