Training

Kerala, though rich in academic brilliance, lacks professionally trained and experienced accountants. A recent survey shows that there are more than thousand vacancies in this sector in each district of kerala, which is a very huge count. The thought of narrowing down this crisis resulted in the formation of School of Accounts and Management(SAM). The SAM offers practical training course in manual as well as computerised accounting and thereby promoting commerce graduates to emerge themselves as efficient and independent professional accountants. Since we are providing individual training to each and every student, one can join the course at any point of time.

 Promotors : The Practical Accounting course is offered by ‘SAM Charitable Society’, Kottayam, established around ten years ago. The chief promoter is Mr.Nisthar Hassan who is the Managing Director of NISSAN Business Solutions Private Limited.

Administrative Office : The Administrative office of the School of Accounts and Management is situated in the office premises of Nissan Business Solutions Private Limited on the Ist floor of Vima Press Building, Erayil kadavu, Kottayam.

Venue of the Training : The prime training centre is in the premises of the registered office of NISSAN Business Solutions Private Limited, at Erayil Kadavu, Kottayam. This centre can accommodate more than 100 trainees at a time.

  
Eligibility for Admission: Admission is open to candidates meeting any of the below criteria,

• A Pass in PDC with IV group or Plus Two(Commerce group) 
• A Pass in BCom or any other equivalent course
• Those who have appeared for Masters’s qualifying exams and awaiting for results
• Those who have basic knowledge in accounting and wish to have a career as an accounting professional(a screeing will be done before admitting for the course) 
Duration of the Course : 
1. Full Time: The full time course is designed for a period of 2 months with not less than 50 working days. It includes 35 days’ practical training in manual accounting and 15 days training in Computerized Accounting.
2. Part Time: The part time course is designed for a period of 4 months (Morning or Afternoon session) with 75 days of practical training in manual accounting and 25 days training in computerized accounting.

Fees Structure : The minimum fees for the entire course Rs.20,000/- which will be collected as follows:

1. At the time of admission Rs. 10,000/-
2. On completion of one month Rs. 5,000/-
3. Before starting training on computerized accounting Rs. 5,000/-

Total Rs. 20,000/-

Mode of Coaching :The method of coaching is designed in such a manner that it will enable the participants to boost their confidence to handle the accounting jobs and other official routine works independently

Branches of Training Imparted : 
In each of the following subjects intensive practical training will be imparted.

a. Basic knowledge of accounting, Recording transactions in Journal, Preparing Cash Book, Day Book, Ledger, Stock Register and Manufacturing Stock Register, etc. 

b. Basic knowledge in GST/KVAT registration formalities, periodical returns, tax collections and remittance, Basic laws and regulations connected with Sales Tax, Final assessment statements and practical training in maintaining local delivery book, cheque collection and issue registers, inward and outward register, sales and purchase bills, credit note and debit note, discount allowed and discount received etc.

c. Preparation of annual accounts, making provisions and providing depreciation, preparing Trading, Profit and Loss and Balance Sheet.

d. Banking formalities like opening Current Accounts and Savings Bank Accounts,Term Deposits, preparation of pay – in slips, writing of cheques, launching cheques and bills for collection, overdraft account and cash credit account, loans and advances, cheques/drafts discounting, Bank Reconciliation Statement etc.

Computer Accounting : On successful completion of the above subjects, the candidate will be trained in computer accounting. The training will be given on accounting package Tally ERP9.

Issue of Certificates : 
A certificate from School of Accounts and Management will be awarded to every candidate on successful completion of the course.