The Academy Of Accounting Professionals ™

(TAAP)

Year 2010-2011

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STUDYING ACCOUNTING, TAXATION & FINANCE

The purpose of accounting is to provide financial and non-financial information

to facilitate decision-making relating to the management of, and investment in,
public or private sector entities, and to provide some accountability to
shareholders, stakeholders, and taxpayers. The major role of an accountant is
to 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 the

expected return and risk from investing in or providing resources to the entity,
and/or monitoring the performance of management of the entity. Internal
auditors review compliance with policy decisions, while external auditors
provide an independent opinion on the credibility of financial statements that
summaries the results and the financial position of an organization.
Management accountants concentrate on the provision of information to
management for planning, control and decision-making. Accountants
specializing 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 and

Finance. Our aim is to provide knowledge form very basics to practical work
in today’s competitive world.

We have a team of experienced professionals in the field of Accountancy and

Taxation which includes Chartered Accountants, Company Secretary, Legal
Professionals, IT Professionals and also members who have years of work
experience in industry. This team continuously works for development of
course 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 Quality
in 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 Mohnish Katre
He is associated with capital markets for years and also has experience in Equity
Research working with a leading investment research company. He is involved in
investment advisory services to the needs of Corporate and Retail segment.

CA Nicky Milani

He is associated with Ace Consultancy and has rich and varied experience in
Direct 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 practice
and otherwise."

Leena Chaudhary
She is the backbone of the academy, dedicated to the students with unlimited
energy 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 Kulkarni

His 25 years of experience in the field of payroll, salary & labor laws as a HR
manager & management consultant is his core experience. He adds his
experience to his teaching which is an added advantage to our students for
gaining practical knowledge on the subject.

PEOPLE BEHIND TAAP

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

Chief Representative of Unit Trust of India

Practicing Sales Tax Consultant since last 37 years.

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

Mr. Yogendra Phalak

Today a successful businessman since 32 years

Owner of ISO Certified manufacturing units in Pune

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

Mr. Yogesh Jain

Qualified as Bachelor of Engineering (Mechanical )

Serving at Top Management Team in a Multi National Company

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.

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 CERTIFICATION IN VARIOUS COURSES

 EXECUTIVE DIPLOMA IN FINANCIAL ACCOUNTING & TAXATION

Duration 12 months
Fees Rs 19000

 PROFESSIONAL CERTIFICATION IN TALLY 9 & ERP

Duration 3 months
Fees Rs 7500

 PROFESSIONAL CERTIFICATION IN INDIRECT TAXES

Duration 4 months
Fees Rs 12000

 PROFESSIONAL CERTIFICATION IN PAYROLL

Duration 2 months
Fees Rs 6000

 PROFESSIONAL CERTIFICATION IN DIRECT TAXES

Duration 2 months
Fees Rs 9000

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EXECUTIVE DIPLOMA IN FINANCIAL ACCOUNTING & TAXATION
(Training Highlights)

Duraton •12 Months

Fees •Rs 19000

Monthly installments available (Rs 6000 /Rs 5000 /Rs 5000 /Rs 5000)

GROUP -1 GROUP -2
FINANCIAL ACCOUNTING INDIRECT TAXATION
Fundamentals of Accounting VAT Act (Maharashtra)
Indian Accounting Standards WCT & Lease Tax under MVAT
Accounting for Proprietary Business Central Sales Tax
Accounting for Partnership Firms Service Tax
Accounting for Companies Central Excise
Accounting for Service, Trading & CENVAT Credit Rules
Manufacturing organizations Accounting for all Indirect Taxes
Accounting on Tally9 & Tally ERP Computations & Returns
MIS Reporting,, Ratios, Budgets Indirect Taxation with Tally9/ERP
ERP

GROUP -3
INCOME TAX & WEALTH TAX
Important Concepts & Definitions
Heads of Income
Computation of Taxable Income
Exemptions & Deductions
TDS/ e-TDS - Salary & Other Payments
Inc. Tax of Individual, Partnership & Co.
Set-off
off & Carry Forward of Losses
Transfer Pricing Provisions
Preparation of ITR-1/2/4/5
Wealth Tax Act
GROUP -4
PAYROLL & SALARY STRUCTURE
Payroll Process Concepts
Salary Structure Planning
EPF, ESI & PT,
Gratuity & Superannuation
Payroll MIS Reports
Salary Accounting
Payroll using Tally9/ERP
Income Tax Computation –Salary
Salary Income
TDS / e-TDS
TDS from Salary payment

GROUP -5 GROUP -6
INTERVIEW SKILLS & ATTITUDE in INVESTMENT & FINANCE
JOB-LIFE
Means of Finance
Interview skills Banking – Functions & Terminologies
Resume Building Mutual Funds
Presentation Skills Demat Services
Communication Skills Insurance: Risk management, types etc
Approach towards work Fixed income Securities
Attitude in Job-life Equity & stock exchanges
SWOT Analysis Stock Derivatives
GDP Sessions Personal Investment Planning

Additional:
• Project work & presentation
• Confidence building
• Practical handling of File for accounting.
  BATCH TIMINGS:

st Monday, Tuesday , Thursday

1 Batch 08:00 am to 10:00 am
Friday (4 days a wk)
nd Monday, Tuesday , Thursday
2 Batch 10:30 am to 12:30 pm
Friday (4 days a wk)
th Monday, Tuesday , Thursday,
3 Batch 12:00 pm to 2:00 pm
Friday (4 days a wk)
Tuesday , Thursday & Friday
4th Batch 07:00 pm to 09:00 pm
(3 days a wk)
SUNDAY 9:00 am to 1:00 pm SUNDAY
For PCMC working students
THURSDAY 8:00 am to 2:00 pm
having holiday on Thursday.

CERTIFICATES:
Certificates will be awarded to only successful candidates. (Minimum percentage of
passing e-examination is 60%).

The whole program is under special guidance of Chartered Accountant.

PAYMENT TERMS:

 Payment will be accepted by Cheque by name of THE ACCOUNTING

PEOPLE.
 The candidate shall give PDCs of every month if he/she is opting for
Diploma Course.
 In case of short course or first installment, payment made by cash will be
accepted.
 Fees once paid will not be refunded in any case.
 If cheque bounced for any reason additional amount of Rs 300 will be
charged.

ADMISSION:

 While admission please get the following documents:

1) Five (5) Passport Photographs
2) Mark sheet / Certificate photocopy
3) Address & Id proof (Driving license, Passport, PAN etc)

 Mail your resume to info@taap.co.in after you join the institute. This is
to have Job opportunities.

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GROUP -1
 PROFESSIONAL CERTIFICATION IN TALLY 9 & ERP

Module 1: Introduction to Accounting & Tally

1. Basic Principles, Concepts & Conventions of Accounts

2. Accounting on Computer & introduction to Tally Accounting Software
3. Creation / Setting up Company in Tally
4. Processing Transactions in Tally – Receipt, Payment, Journal etc.
5. Creating Groups, Ledgers & different Vouchers
6. Recording day to day transactions
7. Monthly Sample Entries for 2 years
8. Trial Balance Preparation
9. Profit & Loss Account
10. Balance Sheet
11. Finalization Entries – Provisions, Depreciation and Adjustment entries
12. Practice Exercise
13. Financial Reports Generation in Tally
14. Various Function Keys in Tally

Module 2: Trading Organization

1. Nature and Transactions in Trading Organizations

2. Introduction to Inventory, Inventory Systems and Methods of Valuation
3. Accounting for Purchases & Sales with integrated Inventory System
4. Accounting of Bills of Exchange
5. Setting different Price Levels
6. Creating Units of Measure
7. Set up of masters for Accounting of Value Added Tax
8. Accounting of Purchases and Sales with VAT
9. Set up of masters for Accounting of Central Sales Tax
10. Accounting of Purchases and sales with CST
11. Masters & Voucher configuration
12. Preparation of Bank Reconciliation Statement
13. Age-wise analysis of debtors & creditors
14. Introduction & Creation of Cost Centres
15. Cheque Printing configuration
16. Interest Calculation for debtors & Creditors accounts
17. Concept and preparation of Debit & Credit Notes
18. Use of Voucher Class in Tally
19. Valuation of Closing Stock with / without integration to accounts
20. Finalization Entries – Provisions, Depreciation and Adjustment entries
21. Practice Exercise
22. Financial Reports Generation in Tally
23. Various Function Keys in Tally

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Module 3: Manufacturing Organization

1. Nature and Transactions in Manufacturing Organizations

2. Inventory in manufacturing organization
3. Why does manufacturing organization require costing?
4. Purchase Procedure – Purchase Order, Goods Receipt Note and Invoice
5. Sales Procedure – Sales Order, Goods Delivery Note and Sales Invoice
6. Creating and Maintaining Godowns in Tally
7. Stock Journal Entries – Inter-Godown transfer, Manufacturing Journal
8. Manufacturing Entries for Process Industry, Job Work, By-products and Multiple
Finished Goods from Single Raw Material
9. Concept and use of Bill of Material for manufacturing
10. Accounting of Purchase & Sales with VAT & CST
11. Accounting of Central Excise duty and Reports for Dealers
12. Accounting of Fringe Benefit Tax (FBT) and related Reports
13. Advanced use of Cost Centers & Cost Categories
14. Concept and Use of Rejection Notes in Tally
15. Accounting for Foreign Exchange Transaction in Tally
16. Introduction to Inventory, Inventory Systems and Methods of Valuation
17. Accounting for Purchases & Sales with integrated Inventory System
18. Setting different Price Levels
19. Creating Units of Measure
20. Accounting for Tax Deducted at Source
21. Accounting for Service Tax
22. Security Controls in Tally
23. Preparation of TDS Challan & Form No. 16A
24. Preparation of Service Tax Challan & Return in Tally
25. Interest Calculation for debtors & Creditors accounts
26. Concept and preparation of Debit & Credit Notes
27. Use of Voucher Class in Tally
28. Valuation of Closing Stock with / without integration to accounts
29. Finalization Entries – Provisions, Depreciation and Adjustment entries

Module 4: MIS Reporting

1. Creating Budgets in Tally

2. Variance Analysis
3. Introduction and Concepts of Cost Accounting, Job Costing, Processing Costing,
Overhead Allocation, Activity Base Costing, Standard Costing,
4. Important Ratio Analysis with the help of Tally
5. Cash flow Statement
6. Fund Flow Statement
7. Analyzing and managing Inventory in Tally
8. System Administration Utilities – Consolidation of Accounts, Split Company Data,
Import and Export of Data, using ODBC in Tally

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Module 5: Important Indian Accounting Standards

AS 1 Disclosure of Accounting Policies

AS 2 Valuation of Inventories

AS 4 Contingencies and Events Occurring After the Balance

Sheet Date

AS 6 Depreciation Accounting

AS 7 Construction Contracts

AS 9 Revenue Recognition

AS 10 Accounting for Fixed Assets

AS 11 The Effects of Changes in Foreign Exchange Rates

AS 12 Accounting for Government Grants

AS 13 Accounting for Investments

AS 14 Accounting for Amalgamations

AS 16 Borrowing Costs

AS 19 Leases (Refer Note 2)

AS 22 Accounting for Taxes on Income

AS 26 Intangible Assets

AS 29 Provisions, Contingent Liabilities and Contingent Assets

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 GROUP -2
PROFESSIONAL CERTIFICATION IN INDIRECT TAXES

Module 1: Maharashtra VAT Act (including WCT & Lease Tax)

1. Important Concepts & Definitions under MVAT Act

2. General Terminologies Used in VAT
3. VAT Rates & Computation of VAT
4. Registration under MVAT Act
5. Schedules & Rates of Tax
6. Exemptions under MVAT
7. Set-off (Input Credit) Rules –
8. Retention (Reduction) in Set-off Rules
9. Non-Admissibility of Set-off Rules
10. Tax Invoice / Bill / Cash Memo
11. Composition Schemes for –
a. Retailers
b. Restaurants & Caterers
c. Bakers,
d. Dealers in second hand motor vehicles
e. Mandap Decorators
12. Tax liability on Works Contract Transactions
13. TDS on Works Contract Transactions
14. Tax Liability on Lease Transactions
15. Filing Returns & Payments under MVAT Act
16. Assessment Procedure
17. Refunds Rules & Provisions
18. Maintenance of Records & Audit
19. Interests & Penalties
20. Creating VAT Masters in Tally
21. Accounting for MVAT – Purchases, Sales, and Input Credit Adjustment etc.
22. VAT Reports – Purchase Register & Sales Register
23. VAT Computation
24. Online Return Preparation & Payment of tax

Module 2: Central Sales Tax Act

1. Introduction & Concept of CST
2. Exemptions under CST Act
3. CST Transaction Forms
4. Rates under CST
5. Registration Application for TIN,
6. Form – C, E-1,E-2, F,G,H & I
7. C-From Purchases
8. CST Features & Configuration in Tally
9. Creating CST Masters
10. Accounting entries for CST
11. CST Reports – Forms, Payment Challan & Return in Tally
12. Online Return preparation and payment of Tax
13. Case study and solution

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Module 3: SERVICE TAX
1. Introduction and Concept of Service Tax
2. General Exemptions under Service Tax
3. Threshold Limit Exemption
4. Rate of Service Tax
5. Registration Requirements
6. Services liable for service tax
7. Valuation of Taxable Services
8. Value of Services for Works Contract Services
9. Issue of Bill for Service Charges
10. Import & Export of Services Rules
11. Payment of Tax & Filing of Returns
12. Cenvat (Input Tax) Credit Rules
13. Refund Rules & Procedures
14. Service Tax Transactions & Work flow
15. Creating Service Tax Masters & Configuration in Tally
16. Different Service Categories
17. Accounting Entries for Service Tax Transaction
18. Payment of Service Tax & Credit Adjustment
19. Service Tax Reports – Service Tax Payable & Credit Available Report
20. Service Tax Challan
21. Online Return Preparation and filing
22. ST-1, ST-2,ST-3, ST Credit Form,GAR-7 Challan, etc
23. Other topics relevant to Service Tax

Module 4: CENTRAL EXCISE

1. Basic Concepts Of Central Excise Act 1944
2. Assesses under Central Excise.
3. Application of Central Excise Act
4. Basic Exemptions and clearances under Central Excise
5. Registration forms & procedure
6. Maintenance of books of accounts as per Central Excise Laws
7. DSA, PLA, CENVAT credit register maintenance.
8. Payment of Duty. GAR-7
9. Accounting entries in financial books & excise Books
10. ER1,ER3 – Monthly/ quarterly return preparation
11. ARE 3 forms/ Rebate claiming
12. Countervailing duty, captive consumption
13. Preparation of Invoice
14. Other related topics in Excise
15. Capital Goods in excise.
16. Treatment of purchase returns & Sales returns.
17. Removal of goods without payment of duty.
18. Undertaking for manufacturer / CT 1 for Merchant Exporters
19. ARE 1 form.
20. Rebate claiming.
21. Captive Consumption treatment
22. Warehousing treatment in Central Excise
23. Central Excise for Manufacturers on Tally ERP.
24. Central Excise for Dealers
25. Central Excise for Job worker

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 GROUP -3

PROFESSIONAL CERTIFICATION IN DIRECT TAXES

INCOME TAX & WEALTH TAX

1. Introduction & Fundamental Concepts

2. Important Definitions under Income Tax Act
3. Income from Salary
4. Income from House Property
5. Income from Business & Profession
a. Allowable Depreciation & Block of Assets
b. Special Deductions u/s 35 to 35E
6. Income from Capital Gains
7. Income from Other Sources
8. Clubbing of Income
9. Computation of Total Income
10. Set-off and Carry Forward of Losses
11. Deduction under Chapter VIA
12. Taxation of Individual s & HUF
13. Taxation of Partnership Firms
14. Taxation of Companies
15. Taxation of Non-Residents
16. Transfer Pricing Provisions
17. Dividend Distribution Tax
18. Securities Transaction Tax
19. Important Due Dates under Income Tax
20. Preparation of Income Tax Returns
21. Assessment Procedures
22. Double Tax Avoidance Agreement (DTAA)
23. Income Tax Rates
24. TDS / e-TDS on Salary Payments
25. TDS / e-TDS on other Payments
26. TDS Masters & Configuration in Tally
27. Accounting Entries for TDS
28. TDS Reports – TDS Computation & Forms Reconciliation
29. TDS Challan, Form No. 16 & 16A, TDS Return
30. E-TDS Return Preparation & filing
31. E-TDS Return Challan & Annexure per quarter.
32. Wealth Tax –
a. Applicability
b. Important Definitions
c. Exemptions
d. Computation of tax liability

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GROUP -4

PROFESSIONAL CERTIFICATION IN PAYROLL & SALARY

COMPUTATION

Module 1: PAYROLL PREPARATION WITH TALLY ERP

1. Introduction and Concept of Payroll

2. Creating Payroll Masters & Configuration in Tally
3. Defining Salary Structure of Employees
4. Accounting Entries for Salaries Payment
5. Accounting Entries for PF payments
6. Accounting Entries for ESI Payments
7. Accounting Entries for Gratuity payments
8. Entries of Attendance
9. Increments & Arrears Processing
10. Accounting of Loans to Employees
11. Salary Disbursement
12. Payroll Reports – Pay slip, Pay Sheet, Payroll Statements, Payment Advice
13. 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 Salaries
16. Computation of Income Tax on Salary Income
17. TDS from Salary Payments
18. Online e-TDS Returns Preparation and filing
19. 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 & Perquisites
4. Computation of Income Tax on Salary Income
5. Deductions under Chapter VI-A
6. TDS from Salary Payments
7. Online e-TDS Returns Preparation
8. Preparation of Form 16
9. Due dates of Payments and Return filing
10. Practice Exercises

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GROUP -5

INTERVIEW SKILLS & APPROACH TO JOB LIFE

Session 1
Introduction to every session
Confidence check
Body language
Vocal control in Interview
Attitude at an Interview

Session 2
Rate of speech
Articulation
Building Rapport
Grooming for an interview
Sample questions asked to Accountants & Replies
Levels of Interview
Sample questions in every level & Replies
Attitude while on job

Session 3
Preparing cover letter Resume
Communication skills, Effective emailing
Exercises for improving communication
Project work for 1 week in group

Session 4
Discussion on Presentation skills & Communication

Session 5
15 minutes presentation. Marking by judges.

Session 6 & 7
Personal interview on basis of SWOT analysis of
every candidate

Session 8
Technical round of Interview

Session 9 – Do’s & Don’ts

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 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 Level
directly, 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 in
Accountancy, 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 meet
existing 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
his / her individual tempo and level of understanding. The ultimate aim is to transform every
student of us into a professional.

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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?

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

minimum 5 persons. This concession will depend on payment type (installment / one time)

17
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 75% average of all the subjects.

We believe in testing students on overall performance criteria which will reflect candidate’s
true abilities. Performance testing is done on following parameters –

TAAP Certification of Employment Ability

Sincere & Consistent 6 12 18 24 30

Technical Skills 5 10 15 20 25

Team Work 4 8 12 16 20

Adaptability & Drive 3 6 9 12 15

Personality 2 4 6 8 10

20 40 60 80 100

Performance Poor Average Fair Good Excellent

Total Marks 0 to 20 21 to 40 41 to 60 61 to 80 81 to 100

Grade E D C B A

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. Team Work
- Ability to work with other people
- helping fellow students to understand and explain
- working positively with fellow students

4. Adaptability & Drive

- Ability to cope up with changes
- Ability to know own mistakes and capability to correct them without help
- Self-motivation to perform better

5. Personality
- Confidence
- Communication skill
- Positive Attitude

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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. 20000/- Rs. 8000/- 3

21) EXAMINATION RULES:

Examinations are conducted after every 3 months, i.e quarterly. The student has to purchase
th th
an examination form costing Rs 30 from the centre and submit it before 10 of July, 10 of
th th
Sept, 10 Dec or 10 of March.
There will be 4 examinations conducted.
Exams cannot be rescheduled.

CERTIFICATE will be issued only after successful completion of course & examination.

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

THE ACADEMY OF ACCOUNTING PROFESSIONALS

SAMPADA Building, 2nd Floor, Behind Vidya Sahkari Bank,
Opposite Ratna Memorial Hospital, Senapati Bapat Road, Pune – 411016

Mobile: +91 9850288732

Tele / Fax : +91 20 25660474

Email: info@taap.co.in
url: www.taap.co.in

Office Timings:
Monday to Friday: 9:30 am to 7:00 pm
Sunday : 9 am to 1 pm

(Holiday on SATURDAY)