Permit Number 632106
1. CORE MODULES
ADVANCED ACCOUNTING
1. Fundamentals of Accounting
Accounting Rules
Accounting Concepts
Users of Accounting Information
Basic Accounting Equation
Accounting Terms
Basis of Accounting
2. Insight to Accounting Records & Financial Statements
Journal
Ledger
Trial Balance
Trading and Profit & Loss Account
Balance Sheet
Cash Flow Statement
3. Depreciation & Amortisation
4. Adjustments for Accruals
5. Adjustments for Provisions
6. Inventory Management
7. Bank Reconciliation
UAE VAT
THEORY SESSIONS
1. UAE VAT - Introduction
2. VAT Rate Structure
3. VAT Registration
4. Taxable Supplies
5. Place of Supply
6. Date of Supply
7. Import
8. Reverse Charge Mechanism
9. Designated Zone
10. VAT Recovery
11. Returns & Payments
12. Real Estate
13. Tax Invoice & Other Documents
14. Record Keeping
15. General Provisions
16. Key Terms
PRACTICAL SESSIONS
Registration
Deregistration
Return Filing
Refund Procedures
UAE CORPORATE TAX
THEORY SESSIONS
1. Basics of Taxation
2. Taxable Person
3. Free Zone
4. Exempt Person
5. Taxable Income
6. Exempt Income
7. Deductions
8. Related Parties
9. Tax Loss
10. Computation of Taxable Income
11. Corporate Tax Reliefs
12. Special Regime - Partnership
13. Special Regime – Tax Group
14. Computation of Corporate Tax
15. Administration of Corporate Tax
PRACTICAL SESSIONS
Corporate Tax Registration
2.
SOFTWARE
MODULES
TALLY PRIME
1. Tally Prime - Introduction
2. Charts of Accounts
3. Recording Accounting Transactions
4. Banking in Tally Prime
5. Data Security
6. Data Management
7. Financial Statements & MIS Reports
8. Storage and Classification of Inventory
9. Accounts Receivables and Payables Management
10. VAT Compliance
11. Purchase and Sales Order Management
12. Tracking Additional Cost of Purchase
13. Cost Centre & Cost Category Management
14. Budget and Scenario Management
15. Payroll Management
16. Manufacturing/Production Process in Tally Prime
ADVANCED EXCEL Advanced
EXCEL
1. Basic & Fundamental Operations
Introduction to Excel
Basic Operations
Formatting & Alignment
Flash Fill & Auto Fit
Basic Data Handling
2. Conditional Formatting & Data Management
Conditional Formatting
Data Sorting & Filtering
Freeze Panes & Split Views
Introduction to Functions
3. Functions & Error Handling
Key Functions & Formulas
Concatenate & Concat
Error Handling
Basic Data Analysis
Forms
4. Data Consolidation & Analysis Tools
Data Consolidation
What If Analysis
Printing Tips
5. Advanced Functions & Data Validation
Name Ranges & Data Cleaning
Tables & Data Validation
Power Query Basics
Using Named Ranges
6. Lookup Functions
VLOOKUP & HLOOKUP
Index & Match
XLOOKUP
7. Pivot Tables & Data Visualization
Pivot Tables
Data Visualization
Performance Indicators & Invoice Generation
Financial Analysis & Review
ZOHO BOOKS
1. Basics of Zoho Books
2 Chart of Accounts
3. Contacts & Contact Groups
4. Sales Invoicing & Tracking
5. Purchase Invoicing & Tracking
6. Sales Order & Purchase Order
7. Expenses & Payments
8. Inventory Management
9. Time Tracking
10. Banking & Reconciliation
11. VAT Compliances
12. Payroll
QUICK BOOKS
1. Basics of QuickBooks
2 Desktop Version & Online Version
3. Chart of Accounts
4. Sales Invoicing, Returns & Tracking
5. Purchase Invoicing, Returns & Tracking
6. Sales Order & Purchase Order
7. Vendor Management
8. Payments & Receipts
9. Fixed Assets & Expenses
10. Multiple Price Levels
11. Inventory Management
12. Banking & Reconciliation
13. VAT Compliances
14. Reports
15. Financial Planning
PROJECTS
3. LEGAL MODULES
IN THE UAE
WPS (WAGES PROTECTION SYSTEM)
END OF SERVICE BENEFITS
4. INDUSTRIAL
MODULES IN GCC
INDUSTRIAL EXPERTISM
MEDICAL CENTER
BANKING
RESTAURANT
KOT (Kitchen Order Ticket)
POS (Point Of Sale)
REAL ESTATE
5. UAE INTERNSHIP
1st Day
Orientation
Job Description - Live Interactions with Internship Partner &
Resource Person
Software Used - Google Meet
Key Upshots - Knowledge of Internship Partner
- Insight into the Structure & Contents
of Internship
1st Phase | 15 - 20 Days
Fundamental
Job Description - Review and Analysis of Financial Statements
- Sorting of Accounting Transactions to find
the Group, Sub Group & Voucher Type
Software Used - MS Excel & Google Meet
Key Upshots - Mastering Basic Accounting Rules
- Understanding the Nature & Flow of Financial
Transactions & Financial Statements
2nd Phase | 20 - 25 Days
Intermediate
Job Description - Journalizing Transactions using Software
- Verifying Trial Balance
- Generating Financial Statements
- Generating Other Reports
Software Used - Tally Prime, MS Excel & Google Meet
Key Upshots - Understanding how to properly record business
transactions in the journal with accuracy and
adherence to accounting principles
- Gaining skills in preparing comprehensive
financial reports
3rd Phase | 30 - 35 Days
Analysis & Reporting
Job Description - Preparation of Financial Statements including
Cash Flow Statement
- Computation Financial Ratios
- Bank Reconciliation
- Petty Cash Management
Software Used - Tally Prime, MS Excel & Google Meet
Key Upshots - Accurate preparation of Financial Statements
as per IFRS
- Analysis of Financial Statements & Providing
insights into Company’s Financial Health
4th Phase
Other Compliances
Job Description - Wages Protection System
- Letter of Credit
Software Used - Google Meet
Key Upshots - Insight into various Legal Compliances
prevailing in the UAE
Final Phase | 10 - 15 Days
VAT Compliance - Registration & Filing
Job Description - Generating VAT Report from Tally Prime
- VAT Filing using Simulation Software
- Generating Report from Simulation Software
- VAT Registration using Simulation Software
Software Used - Tally Prime, Simulation Software & Google Meet
Key Upshots - Getting familiar with VAT Compliances
- Review and Analysis of VAT Reports
*This Internship Structure is subject to additions and alterations to cop up with changing
economic environment in the UAE and as per the requirements of Internship Partner
UAE INDIA
Adidas Building, Bank Street, 1st Floor City Centre, Tirur,
Burjuman, Dubai, UAE Malappuram, Kerala
+971 50 278 0023 +91 9747 900 064
www.skillmount.com | [email protected]
