MARKUP EDUCATION

An Institute for Accountants

F-13, Annasaheb Patil Nagar, Kalyan - 421301
Mob.9867296859, Tel.95251 2281482,
Website: www.markupeducation.com
email: markupeducation@gmail.com

Our Vision
We are witnessing radical changes in accounting, direct tax, indirect tax and company law
regulations due to unprecedented economic growth in India. This is resulting in a huge mismatch in
talent requirements and volume requirements of accounts professionals. We visualized this well in
advance and established MARKUP EDUCATION in the year 2005 with the objective of creating a
talent pool of efficient and independent accountants.

We have a learned faculty in Mr.S.Ponnambalam, a Chartered Accountant. After doing his B.Sc. in
Mathematics, Physics and Chemistry, he completed Chartered Accountancy Course without attending
any class, solely depending on his self learning skills. He has more than 25 years of varied experience
to his credit. He is committed to fulfill our vision and carry it forward in the coming years.

Our Course
Markup Education is an Institute for Accountants. Our course titled Markup Accounts and
Taxation Course was conceptualised and developed with the clear objective of imparting knowledge
to accountants. Our course is totally job oriented and relevant to you for performing your duties as an
accountant. Believe us, you have a rare opportunity to learn so many things which you must know as
an accountant.

Beneficiary
Markup Accounts and Taxation Course is meant for those who are employed in accounts or planning
for a career in accounts. We welcome only those students who have an urge to learn and are prepared
to work hard.

Course duration
It is a course of 38 weeks (9 Months)

Course fee
Total course fee is Rs.10,800/-. The fees can be paid in 6 installments (Rs.3,300 at the time of
admission and 5 monthly installments of Rs.1,500 each). However, company sponsored students are
expected to pay the entire amount of Rs.10,800/- at the time of admission.

Course timings
Saturday Evening Batch in Dadar 5 pm to 8 pm
Sunday Morning Batch in Mulund 10 am to 1 pm
Sunday Evening Batch in Vile Parle 4 pm to 7 pm
 MARKUP ACCOUNTS AND TAXATION COURSE

Course Contents

1. Requirements for a successful career as an Accountant.

2. Application oriented understanding of debit credit. Solving debit credit problems for different
types of transactions.
3. Certain important aspects and taxation of proprietary firms, partnership firms and companies.

4. Comprehensive knowledge of accounts, allied laws and Schedule VI requirements with

reference to about 60 account groups and 300 account heads.

5. Precautions to be taken in respect of Capital contributions, Receipt of loans and

deposits, Repayment of loans and deposits and Payment of loans
Various disallowances of business expenditures.
Guidelines for cash handling and bank payments.

6. Simplified accounting system for Bank Fixed Deposit transactions.

Bank loans and credit rating.

7. Service tax credit and Cenvat credit - Concepts and Accounting systems.
Import and Export accounting.
Purchase and Sales accounting systems with reference to Accounting, Sales tax and
Schedule VI requirements.
VAT rules, VAT returns and VAT audit requirements.
Reconciliation of purchases with stock records, Reconciliation of sales and cenvat
credit with excise records.
Additional information for Schedule VI purpose.

8. Work-in-progress calculations and stock valuations for accounting and tax purposes.

9. Gratuity Rules, Bonus rules, Bonus percentage working and Bonus set-on set-off working.

10. Depreciation for accounting and tax purposes and preparation of Fixed Asset Schedule.

11. Important provisions of the Companies Act , Company law returns and Statutory
registers.

12. Computation of income, Interest workings u/s 234A/234B/234C, T.D.S. and Deferred tax.

13. Preparation of Balance Sheet and Profit and Loss A/c as per Schedule VI requirements.
Finalisation of accounts and preparation of various details and statements.
 MARKUP ACCOUNTANTS AND TAXATION COURE

Special Features for Effective Learning

1. Study Material
Study material of 125 pages will form part of the study programme.

2. Attendance
Attendance of the students will be evaluated and graded. Students who reach the class room
before the commencement of the session will get 4 marks per session and those who are late will
get 2 marks per session. Absence will result in -10 marks per session.

For example, a student who reaches the class room before commencement of session on 31 days,
late on 4 days and absent on 3 days will get 67% for attendance as follows
Maximum marks: 38 days x 4 marks per day = 152 marks
Marks obtained: 31 days x 4 marks per day + 4 days x 2 marks per day
+ 3 days x (-10) marks per day = 102 marks
Percentage: Marks obtained x100 = 102x100 = 67%
Maximum marks 152

3. Homework
Homework of 175 questions will be given to the students at the commencement of the course.
The questions are to be solved as and when the relevant topics are completed. The answer books
.are to be submitted in stages as per schedule.

4. Assignments
Students will have 10 assignments at various stages of the study programme. Assignments will
include Preparation of Balance Sheet as per Schedule VI requirements from a trial balance of
about 10 pages, VAT return, Bonus statements, Depreciation statements, Computation of
income, Income tax return etc.

5. Written test
Three written tests of 3 hours each will be conducted at the end of the course.

6. Certificate
Course completion certificates will be issued with separate grades for Written test, Homework &
Assignments and Attendance. For this purpose performance of the students will be converted into
grades on the basis of marks given below
Grades Marks
Excellent 85% to 100%
Very good 70% to 84%
Good 60% to 69%
Above average 50% to 59%
Average 40% to 49%
Below average Below 40%

Course completion certificates will be issued to only those students who fulfill the following
conditions
Attend 31 out of 35 sessions
Submit Homework and Assignments as per schedule and
Attend all the three Written tests.
01.10.2010