Diploma in Accounts Administration

KNOWLEDGE & SKILLS GAINED

It is a comprehensive course which starts by training you on the core competencies like English and Advanced Computer skills that equips you with the skills required to function effectively in any business environment. The entire course is designed in such a manner that you attain specific career oriented competencies in the area of Financial Accounting, Business Mathematics, Business Communication, Business Laws & Ethics and Administrative procedures etc which enable you to handle any office environment with perfect ease. The hands-on training in small groups allows you to emerge stronger in theoretical as well as practical aspects of the course.

After completing your Diploma in Accounts Administration you will be able to carry out activities like - Preparing journal entries; Managing accounts receivable and payable; Preparing the financial statements for the organization; Preparing trial balances and bank reconciliations; Carry out banking activities; Conducting credit and collections after invoicing clients; Analyze Costing and budgeting for the organization; Storing, updating and retrieving financial data; Performing various clerical duties, like maintaining the filing and recording systems; Managing inventory control; Handling customer inquiries; Performing general office duties; Maintaining general ledgers and financial statements; Preparing statistical, financial and accounting reports.

COURSE OUTLINE

DIPLOMA IN ACCOUNTS ADMINISTRATION - The Diploma in Accounts Administration at CIMT College prepares students for positions in Accounting and Administration. During their course of study, the students gain theoretical as well as practical training in various aspects of the field of accounting.

Student Success Strategy - Trains on techniques & skills to achieve success in personal and professional life.

College English - Develops the grammar, vocabulary, reading and writing skills needed for professionals.

Business Communication - Introduces the principles of effective written and oral communication.

Computer Fundamentals and Internet - Trains on basic computer skills, creating and managing documents and using internet.

Microsoft Office Applications - Introduces word processing, spread sheets, power point presentations.

Microsoft Excel - Develops skills in customizing the Excel Interface.

Microsoft Access - Assists in designing database, controlling data entry and application enhancement through database utilities.

Microsoft Outlook - Explores the basic and advanced features of Outlook.

Advance Word Processing - Creates proficiency in customizing the Microsoft Word environment

Financial Accounting-I  - Provides fundamental concepts of accounting, analyzing & recording financial transactions, preparing income statements and fund flow analysis.

Financial Accounting-II  - Introduces various categories of capital assets, their amortization and accounting for intangible assets.

Fundamentals of Payroll  - Includes the basics of payroll practices and procedures.

Taxation - Deals with both personal and corporate income tax strategies.

Business Values & Ethics - Introduces the basic categories and framework of business ethics.

Administrative Procedures - Educates and trains about the dynamic work environment in Canadian businesses and offices.

Business Mathematics - Provides the foundation in Mathematics and related concepts used in businesses and industries.

Business Law  -  Provides knowledge regarding various aspects of Business Law for successful running of an organization.

Human Resource Management  - Elaborates need for human resources and how to maintain an efficient & effective workforce.

Computerized Accounting  - Deals with creating data files, making journal entries, Accounts receivable and payable, bank reconciliations etc using relevant software.

Professional Skills  - Trains on interpersonal skills required for successful induction and working in professional world.

WHY THIS COURSE?

Administration comprises of a huge industry which offers a variety of job openings at different levels of hierarchy. After pursuing a Diploma in Accounts Administration you can scale new heights in your profession with your skills and expertise in the area of financial accounting and administration.

Graduates with Accounts Administration become valuable members of business organizations like Finance, Insurance, Banking, Real Estate and Leasing, Business Services, Public Administration offices as well as Trade Industries.

ASSOCIATED NATIONAL OCCUPATION CLASSIFICATION(NOC) CODES

After pursuing a Diploma in Accounts Administration you are eligible for positions falling under the following NOC Codes

NOC -1431 - Accounting Clerks – They calculate, prepare and process bills, invoices, accounts payable and receivable, budgets and other routine financial records according to established accounting procedures.

Common Job Titles which you can apply for include - Accounting Clerk , Accounts Payable Clerk, Accounts Receivable Clerk, Audit Clerk, Billing Clerk, Budget Clerk, Costing Clerk, Deposit Clerk, Finance Clerk, Freight-Rate Clerk, Invoice Clerk, Ledger Clerk, Tax Clerk, Tax Return Preparer

NOC- 1231 - Book Keeping - Bookkeepers maintain complete sets of books, keep records of accounts, verify the procedures used for recording financial transactions, and provide personal bookkeeping services.

Common Job Titles which you can apply for include – Accounting Technician, Bookkeeper, Bookkeeping clerk, senior bookkeeper etc.

JOB FUNCTIONS

Accounting and related clerks perform some or all of the following duties:

• Calculating and preparing bills
• Issuing bills and creating customer invoices
• Preparing Account statements
• Maintaining and filing Financial Records
• Recording business transactions
• Budgeting on the basis of revenue and expenditure analysis
• Calculating costs and overheads for preparing quotes and prices
• Preparing reports for presentations and discussions
• Regular clerical duties for record maintenance

Bookkeepers perform some or all of the following duties:

• Preparing and maintaining various accounts
• Preparing statistical, financial and various other accounting reports
• Preparing trial balances of books
• Posting journal entries
• Account reconciliations
• Calculating and preparing payroll cheques, tax returns and other bills
• Ledger maintenance
• Preparing financial statements
• Performing personal bookkeeping services

JOB REQUIREMENTS

Job openings in the field of Accounting usually seek a person who has completed college or other accounting and book keeping courses. Since majority of the firms are now using accounting software for management of their data, knowledge of computerized accounting software is considered an asset.

While entry level jobs ask for no experience or one to two years experience, higher positions can be sought for once you gain some practical experience in the actual workplace.

EMPLOYMENT AREAS & PROSPECTS

Accounts Administration course develops skills which open up a wide range of areas and industries for employment. The most common employers include Banks and related financial institutions, Government financial departments, Insurance and real estate organizations, Accounting and Book keeping firms, wholesale and retail industries, Manufacturing Units, Import and Export houses etc.

For more information on Employment Prospects related to Diploma in Accounts Administration please refer to the recent job listings column on this webpage for real time job openings.