TAAP Prospectus

7/29/2019 TAAP Prospectus

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The Academy Of Accounting Professionals ™

(TAAP)

ISO 9001-2008 Certified

Year 2012-2013

F/MKT/03/01



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STUDYING ACCOUNTING, TAXATION & FINANCE

The purpose of accounting is to provide financial and non-financial informationto facilitate decision-making relating to the management of, and investment in,public or private sector entities, and to provide some accountability toshareholders, stakeholders, and taxpayers. The major role of an accountant isto measure, interpret and communicate information relevant to these

decisions. Employment prospects for graduates in accounting are wide-ranging.

Financial accountants provide information to external parties for assessing theexpected return and risk from investing in or providing resources to the entity,and/or monitoring the performance of management of the entity. Internalauditors review compliance with policy decisions, while external auditorsprovide an independent opinion on the credibility of financial statements thatsummaries the results and the financial position of an organization.Management accountants concentrate on the provision of information tomanagement for planning, control and decision-making. Accountantsspecialising in taxation assist a wide range of taxpayers to comply with tax

laws and provide advice on how to limit tax liabilities to the legal minimum.

About The Academy of Accounting Professionals (TAAP)

THE ACADEMY OF ACCOUNTING PROFESSIONALS (TAAP) is a

Vocational Training Institute which conducts practical work training in the field

of Accountancy, Taxation (Direct & Indirect) and Investments & Finance with

an objective to enable students to get employed OR to become self-

employed.

At TAAP we offer a focused course for CAREER in Accounts, Taxation andFinance. Our aim is to provide knowledge form very basics to practical workin today’s competitive world.

We have a team of experienced professionals in the field of Accountancy andTaxation which includes Chartered Accountants, Company Secretary, LegalProfessionals, IT Professionals and also members who have years of workexperience in industry. This team continuously works for development ofcourse contents so as to make it highly practice oriented.

“The whole art of teaching is only the art of awakening the natural curiosity of young minds for the purpose of satisfying it afterwards.”

Anatole France



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TEAM OF KEY FACULTIES / CONSULTANTS

CA Sudarshan Chaudhary

REAL VALUE ADDITON to Students, Learning from Basics to Practice and Qualityin Course Contents are the most important factors for him. He is practicing

Chartered Account in the areas of all Direct and Indirect Taxes along with

Accountancy and Auditing.

CA Nicky MilaniHe is associated with Ace Consultancy and has rich and varied experience inDirect Taxes, Accounts & Internal Audits. He also holds experience in the area of

ERP (SAP). He adds logic to his teachings gained in during the course of practiceand otherwise."

Leena ChaudharyShe is the backbone of the academy, dedicated to the students with unlimitedenergy at work. She has an outstanding record in Academics – B.Com, LLB, MBA-

HR, Diploma in Information Technology from National Institute of Information

Technology (Pune), Diploma in Export Import Management, Diploma in Central

Excise Law and Procedures.

R.E KulkarniHis 25 years of experience in the field of payroll, salary & labor laws as a HR

manager & management consultant is his core experience. He adds hisexperience to his teaching which is an added advantage to our students forgaining practical knowledge on the subject.

CA Mohnish KatreHe is associated with capital markets for years and also has experience in EquityResearch working with a leading investment research company. He is involved in

investment advisory services to the needs of Corporate and Retail segment.

PEOPLE BEHIND TAAP

“Experience is not what happens to you. It is what you do with what happens to you”

Mr. Mukund Chaudhary

His immense practical experience is an added advantage to TAAP students for empowering them withpractical knowledge in Taxation.

Mr. Yogendra Phalak

His different encounters with various phases of business have mastered him in handling all aspects ofbusiness. His manufacturing experience has added significantly to TAAP.

Mr. Yogesh Jain

He is a firm pillar in foundation and standing of TAAP and always a solid support in all future plans of the Academy. His Management experience has a valuable contribution to the growth of the Academy.

Chief Representative of Unit Trust of India Practicing Sales Tax Consultant since last 37 years.

Today a successful businessman since 32 years

Owner of ISO Certified manufacturing units in Pune

Qualified as Bachelor of Engineering (Mechanical ) Serving at Top Management Team in a Multi National Company





For syllabus details, please log on to www.taap.co.in

PROFESSIONAL CERTIFICATION IN ACCOUNITNG & INDIRECT (Training Program Highlights)

GROUP 1

FINANCIAL ACCOUNTING

Fundamentals of AccountingIndian Accounting StandardsAccounting for Proprietary BusinessAccounting for Partnership FirmsAccounting for CompaniesAccounting for Service, Trading &Manufacturing organizationsAccounting on Tally.ERPMIS Reporting, Ratios, Budgets

Duration: 4 months

GROUP 2

INDIRECT & DIRECT TAXATION

VAT Act (Maharashtra)WCT & Lease Tax under MVATCentral Sales TaxService TaxCentral ExciseCENVAT Credit RulesAccounting for all Indirect TaxesComputations & ReturnsIndirect Taxation with Tally9ERPTDS

Duration: 4 months

Installments: ` 8500 / ` 5500 / ` 5000 / ` 5000

PROFESSIONAL CERTIFICATION IN INDIRECT TAXES

(Training Program Highlights)

ELIGIBILITY:

1) 3 years of experience of handling

accounts on Tally softaware in

Manufacturing company.

2) Working knowledge of Cost

centres, stock maintenance,

creations of vouchers in Tally ERP

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3) Exam to be given before

confirming admission for this

course

GROUP 2

INDIRECT & DIRECT TAXATION

VAT Act (Maharashtra)WCT & Lease Tax under MVATCentral Sales TaxService TaxCentral ExciseCENVAT Credit RulesAccounting for all Indirect TaxesComputations & ReturnsIndirect Taxation with Tally9ERPTDS

Installments: ` 8800 / ` 8800

•8 MonthsDuration

•RsRsRsRs 20500Fees

•4 MonthsDuration




PAYROLL PROCESS & SALARY COMPUTATION

Module 1: PAYROLL PREPARATION WITH TALLY ERP

1. Introduction and Concept of Payroll2. Creating Payroll Masters & Configuration in Tally3. Defining Salary Structure of Employees4. Accounting Entries for Salaries Payment5. Accounting Entries for PF payments6. Accounting Entries for ESI Payments7. Accounting Entries for Gratuity payments8. Entries of Attendance9. Increments & Arrears Processing10. Accounting of Loans to Employees11. Salary Disbursement12. Payroll Reports – Pay slip, Pay Sheet, Payroll Statements, Payment Advice13. Expat Reports, Payroll Register, Attendance Sheet and Gratuity Report etc.14. Working of PF, ESI, PT, Gratuity & Superannuation

15. Important provisions of Income Tax on Salaries16. Computation of Income Tax on Salary Income17. TDS from Salary Payments18. Online e-TDS Returns Preparation and filing19. Practice Exercises

Module 2: INCOME TAX TDS on SALARY PAYMETNS

1. Important provisions of Income Tax on Salaries

2. Understanding of House Property & Other Sources Income for Salary Computation

3. Allowances & Perquisites4. Computation of Income Tax on Salary Income

5. Deductions under Chapter VI-A6. TDS from Salary Payments7. Online e-TDS Returns Preparation8. Preparation of Form 169. Due dates of Payments and Return filing

10. Practice Exercises

•2 MonthsDuration




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- SUMMARY –

DIPLOMADIPLOMADIPLOMADIPLOMA &&&& CERTIFICATIONCERTIFICATIONCERTIFICATIONCERTIFICATION TRAININGTRAININGTRAININGTRAINING PROGRAMSPROGRAMSPROGRAMSPROGRAMS

EXECUTIVE DIPLOMA IN FINANCIAL ACCOUNTING & TAXATION(Financial Accounting, Inventory Recording, Direct & Indirect Taxes,

TDS, Payroll Processing, Interview skills & Presentations)

Groups: 1, 2, 3, 4, 5 & 6

Duration: 12 months

Fees: ` 27500

(Installment: ` 8500/ ` 5000/ ` 5000/ ` 5000/ ` 4000)

PROFESSIONAL CERTIFICATION IN ACCOUNITNG & INDIRECT

TAXES (Financial Accounting, Inventory Recording & Indirect taxes)

Group : 1 & 2

Duration: 8 months

Fees: ` 20500

(Installment: ` 8500/ ` 5500 / ` 5000/ ` 5000 monthly)

PROFESSIONAL CERTIFICATION IN INDIRECT TAXES

(MVAT, CST, WCT, Service Tax, Central Excise)

Group: 2

Duration: 4 months

Fees: ` 17600

(Installment: ` 8800/ ` 8800 monthly)

PROFESSIONAL CERTIFICATION IN INDUSTRIAL ACCOUNTS

WITH TALLY ERP 9

(Financial Accounting, Inventory Recording, Cost Center, Various

Reports & Tally ERP Functions)

Group : 1

Duration: 4 months

Fees: ` 9000

PROFESSIONAL CERTIFICATION IN PAYROLL

(IT Salary Computation, Important Labour Laws, Form 16, TDS

calculation, Payroll Process using TALLY 9 ERP)

Group: 4

Duration: 2 months

Fees: ` 9000



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DAILY BATCH SCHEDULE:

Payment of fees & Other Terms & Conditions.

Payment will be accepted by Cheque by name of THE ACADEMY OFACCOUNTING PROFESSIONALS

Post Dated Cheques dated 10th of every month should be provided, in case ofpayment by installments.

Fees once paid will not be refunded in any case. ` 500 will be charged as penalty in case of dishonor of cheque due to any

reason, appropriate legal action may be initiated. Students will not be allowed to attend the class if fees are not paid within the

due date specified. A fine of ` 500 per month will be charged if payment is not made before the

last due date.

Up gradation of course costs ` 500 & degradation of course costs ` 1500extra charges. No discount are given under any scheme, unless confirm in writing by the

management. Service Tax and other statutory taxes would be levied as applicable. To appear for the examination a student should have a minimum attendance

record of 80% Any student who does not attend the class continuously for 3 consecutive

days without prior intimation will be considered a drop out. Student whose admission expires, a fine of ` 100 per day will be applicable if

reason is high absenteeism.

REGISTRATION & ADMISSION REQUISITS:

Documents required at the time of Admission:

Indian Student Foreign Students5 passport photographs 5 passport photographsMark sheet photocopy Mark sheet photocopyAddress Proof Address Proof in IndiaIdentification Proof Passport Photocopy (bring original)

Last drawn Salary Slip / Appointment Letter (in case of

Police registration form photocopyStudent Visa Photocopy

1st

Batch 08:00 am to 10:00 amMonday, Tuesday, Thursday

Friday (4 days a wk)

2nd

Batch 10:30 am to 12:30 pmMonday, Tuesday, Thursday


3th

Batch 12:30 pm to 2:30 pmMonday, Tuesday, Thursday,


4rth Batch 07 pm to 09:00 pmTuesday, Wednesday Thursday

(3 days a wk)

SUNDAY 9:00 am to 1:00 pm SUNDAY

THURSDAY 8:00 am to 2:00 pmFor PCMC working studentshaving holiday on Thursday.



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working candidates) International Students RegistrationForm

E-mail Latest Bio-data / Resume to [email protected] (after Registration)

FREQUENTLY ASKED QUESTIONS (FAQs)

1) What is TAAP?

THE ACADEMY OF ACCOUNTING PROFESSIONALS (TAAP) is a Vocational Training

Institute which conducts practical work training in the field of Accountancy, Taxation (Direct &

Indirect) and Investments & Finance with an objective to enable students to get employed OR

to become self-employed.

2) What are the courses offered by The Academy?

Complete in-detailed information in given on our website – www.taap.co.in along with the

prospectus. You can download the prospectus.

3) Who can do the course? Can a non commerce person do this course?

Our courses are designed and developed on zero-base. Our courses are generally suitable

for all persons who wish to gain professional knowledge in the areas of accounts, taxation

and finance.

We have students –

- Having 10-15 years of industry experience for updating knowledge and keeping in touch with

concurrent developments

- Having 3-7 years of industry experience for getting professional approach and thereby

advancement in career

- Having 0-3 years of Accounting / Non-accounting experience to get into respectable job in

accounting, taxation and finance domain.

- Who are complete fresher (Post Graduate & Graduate in any stream) to gain practical

industry endorsed training and thereby they will be eligible to begin career with confidence

- Who are studying (Under-Graduates, CA, CWA, MBA students) to get in touch with

pragmatic view of academic knowledge. This is important because, these days all

professional degree courses have adopted practical knowledge based examination system.

- And the last but not the least, people having their own business, profession and self-

employed to gain knowledge so as to apply it in day to day business decisions.

4) Can I do only one Level from above mentioned levels?

YES. Any person can opt for fresher level. But if anyone wants to go for Professional Leveldirectly, s/he should have enough knowledge of prior modules. Person opting directly for

professional level must clear Fresher level examination.

5) Can I do only one / two module/s from all modules?

Yes. But there will not be any separate batch for individual module. S/he will join regular batch

when such module is up for teaching.



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6) How will I benefit by joining your Academy?

You will be definitely benefited, if you are looking at any of the following objectives inAccountancy, Payroll, Business Taxation (Direct & Indirect), Investment and Finance –

- Quality and factual value creating education

- Gain and/or update knowledge to apply in regular job / practice

- Develop professional approach towards job / career

- Advancement in job career for working people

- Better job prospects for fresher in industry

- Begin a new career in accounts & taxation (for non-finance people)

7) How is your Academy different from other Academies?

We do not want to praise us by comparing and indicating others lacunas. It’s only YOU who

can experience and then give an opinion. However, one can visit The Academy and meetexisting students to know facts.

We do not posses any positive/negative opinion about others. We believe that there should

not be a comparison between academic institutes because everyone aspire to provide the

best possible.

8) How is the training given to each student? What is your training methodology?

We have adopted a very personalized training process where attention is given to each

individual student on the basis of – previous educational background, work experience (if

any), grasping and understating capacity.

We do not have culture batch oriented learning process. Over the years, we have observed

that each person has his own way and pace of learning. Therefore, we have given flexibility to

individual student to start Training Program at any time during the year. Any person who joins

the academy is given 45 days grace period from due date to complete the course.

Discussion with faculties and lectures are conducted in groups, but practical work training

which consists of 75-80% of entire course duration, is done 100% by every student with

his/her own pace of learning.

Learning process will flow in following stages –

1. Overview of the concept - preliminary discussion with learned faculty

2. Self-reading & understanding of contents individually

3. Practice on individual computer with experienced faculty guidance

4. Secondary review – discussion, question-answers with learned faculty

5. Self-learning Practice once again, if required (optional)

6. Final lecture with discussion – conducted by qualified CA / CS / CWA / LLB

faculties

9) How many students accommodate in one batch?

We have maximum 16 students in one batch. Although 15-16 students work together, as

mentioned above we treat EVERY student as a batch. Each student study and practice with



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his / her individual tempo and level of understanding. The ultimate aim is to transform every

student of us into a professional.

10) What is the proficiency of trainers & faculties in your Academy?

Faculties in the academy are three-level hierarchy. We have –

- Assistant Faculties (Grad / PG having minimum 2 years of industry experience)

- Training Faculties (Grad / PG / having minimum 5 years and Semi Qualified CA/CWA/CA

having minimum 3 years of industry experience)

- Qualified Professionals (CA/CWA/CS having specialized for the particular area)

Complete industry endorsed training is possible only with the help of these learned faculties.

We really thank them for their honest efforts.

11) How are the Training contents selected and designed?

Training contents are identifies and developed by practicing finance professionals(CA/CWA/CS). These consulting professionals identify the most concurrent topics and related

practices largely followed in the industry.

Our course contents are designed to provide maximum practical insights to learners. Learning

material is designed in a way to give demonstration and practice of all routine, non-routine

and critical business transactions. Every student practices all these transaction by creating

relevant Firm / Company in Tally, enters transactions systematically for the entire year and

finalizes accounts.

12) Does every student gets individual computer for practice?

Yes. Absolutely throughout course duration..!

13) What is the duration of the courses offered in your Academy?

Please refer to Prospectus document. You can download the same from our website

www.taap.co.in. Detailed Information is provided in prospectus.

14) What are the batch timings for courses?

Please refer to Prospectus document. You can download the same from our website

www.taap.co.in. Detailed Information is provided in prospectus.

15) Can a student combine batches if he/she wishes to complete the course early?

Yes. One can accelerate the course by attending multiple sessions. This is subject to

availability of seat in other batches.

16) What are the course fees? Is there a facility of installments?

Fees schedule is clearly given in prospectus document. You can download from our website

www.taap.co.in. Fees can be paid in installments. Detail Information in provided in

prospectus.

17) Are there any concessions or discounts available?



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Concession or negotiation is possible only in case of Corporate / Group training involving

minimum 5 persons.

18) How the exam conducted and what is the passing percentage?

Academic examination is conducted on online on computerized e-examination system.

Passing percentage in this examination is 50% average of all the subjects.

Examination marking criteria will be:

1) Sincerity & Consistency

2) Technical Skills

3) Presentation Skills

1. Sincere and consistent

- Wholehearted and honest efforts to learn / work

- Punctuality / attendance

- Reliability / Responsibility - inform if not attending the class

2. Technical skill

- Academic Record and performance

- Accounting and taxation knowledge

- Performance during the training period

3. Personality

- Confidence

- Communication skill

- Positive Attitude

19) What if a student fails in the exam?

A student can appear for the examination for 5 maximum times. There must be a gap of

minimum ONE month in subsequent attempts. If a student fails for 5 times, he/she may quit

OR rejoin for the entire course afresh.

20) Your training fees are very high…!

We believe that our offerings are absolutely value for money. One may observe following

facts –

Approx Average No. Months to

Private Educational Institutes Cost Salary P/M Recover Cost

- MBA from any Premier Institute Rs.10 lacs Rs.100000/- 10

- MBA from well-Known Institute Rs. 8 lacs Rs. 50000/- 16

- MBA from Average Institute Rs. 6 lacs Rs. 20000/- 30

- CA / CWA / CS Rs. 2 lacs Rs. 30000/- 7

- Engineer from well-known Institute Rs. 2.5 Lacs Rs. 15000/- 17

- Certification from TAAP Rs. 27500/- Rs. 9000/- 3



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FEEL FREE TO CONTACT US IF YOU HAVE FUTHER QUESTIONS / QURRIES..!

THE ACADEMY OF ACCOUNTING PROFESSIONALSSAMPADA Building, 2nd Floor, Behind Vidya Sahkari Bank,

Opposite Ratna Memorial Hospital, Senapati Bapat Road, Pune – 411016

Mobile: +91 98502 88732Tele / Fax : +91 20 25660474

Email: [email protected]: www.taap.co.in

Office Timings:Monday to Friday: 9:30 am to 7:00 pm

Sunday : 9:00 am to 1:00 pm

(Holiday on SATURDAY)



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