The introductory Accounting and Financial Statements course gives students of corporate law an essential understanding of finance. A law student must understand numbers while making any assessment or diligence exercise. The course would cover training in the following areas:
- Understanding balance sheets
- Rules of accounting
- Different kinds of statements prepared
- Trial balance
- Statements as per Schedule III of the Companies Act, 2013
The course helps one gain an edge as a corporate lawyer in dealing with accounting-related issues. This will also give you an insight into the financial matters of a company. The basic understanding will help non-accounting personnel learn elementary aspects and gain comprehensive knowledge of corporate affairs.
The live sessions will help you understand and find ways to detect anomalies in the statement. The goal of this course is not to make you an expert in accounts but to have a fundamental understanding so that you don't miss reports and statements received from internal and external auditors or accountants.
Simple mock exercises are given so that you understand the rules of accounting and relevant heads under the Schedule III of the Companies Act, 2013. You will gradually become more familiar with accounting practices, but, as a beginner, the expectation is that you learn to read the statements and reports.
Who should take this course?
Law Students and Recent Law Graduates, Lawyers, In-House Counsels, Legal Professionals who wish to switch to corporate practice or looking to kickstart a career as Transactional Lawyers, Chartered Accountants, Company Secretaries, Cost & Work Accountants, Government Officials, Academicians, Managers, Chief Executive Officers, Company Directors, Prospective Entrepreneurs, may take this course. The course would help launch law students into a career in corporate law and help practitioners develop their corporate law practice. Business professionals, advisors and managers interested in a detailed legal understanding of corporate affairs may take this course to hone their legal skills.
PREREQUISITES
This course is part of EBC Learning — CII, Upskill Diploma in Advanced Corporate Law Path. There are no prerequisites to enrol.
Instructors
Paras Gupta
Vice President, Finvox Analytics
Paras has 5+ years of experience in business valuations, purchase price allocation, complex instruments valuations, impairment testing, equity fundraising, due diligence and other audit & assurance engagements. He is a Chartered Accountant, Bachelor of Commerce. His technical skills include financial modelling, due diligence and valuation of complex instruments. Experience across industries such as tech startups, power & energy, FMCG, retail, specialised manufacturing, logistics, media & entertainment, real estate, etc.
Narendra Joshi
Partner, M. P. Chitale & Co.
Narendra is a partner of M P Chitale & Co., Chartered Accountants, and a fellow member of the ICAI. He has over 12 years of experience; and has formerly worked for EY and PwC in assurance and tax practices, respectively. His experience and key strengths include accounting services, business setup advisory, international tax, transfer pricing advisory, regulatory/corporate structuring, and valuations. He has also been part of the IBC Committee of ICAI for 2021-22, the ICAI's Direct Tax Committee for FY 23-24 and was also empanelled as a reviewer on the Tax Quality Review Board of ICAI.
Certificate
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