Fundamentals of Partnership Firms

FREE

Instructor: Nitesh Shrivastava

About the course

The course on Fundamentals of Partnership Firms is designed to provide a deep understanding of the foundational principles governing partnership businesses. Through a structured curriculum covering five key topics, students will gain insights into the intricacies of partnership formation, operation, and dissolution.

This course goes beyond traditional textbooks, offering innovative techniques and practical working notes to solve numerical problems effectively. Whether you're a student aiming to excel in examinations or an aspiring entrepreneur seeking to understand the dynamics of partnership ventures, this course equips you with the knowledge and skills necessary to navigate the complexities of partnership firms.

Topics Covered:

  1. Introduction to Partnership: Understanding the concept of partnership, its characteristics, and types.
  2. Partnership Deed: Exploring the significance of partnership deeds, its contents, and implications.
  3. Accounting for Partnership: Learning the accounting procedures unique to partnership firms, including profit sharing, interest on capital, interest on drawings, adjustment in the closed accounts and gurantee of minimum share of profit.

Course Features:

  • Comprehensive study materials covering theoretical concepts and practical applications.
  • In-depth discussions on numerical problem-solving techniques with working notes for better comprehension.
  • Interactive sessions and case studies to illustrate real-world scenarios and enhance learning outcomes.
  • Regular assessments and quizzes to evaluate understanding and reinforce learning.
  • Dedicated support from experienced instructors to address queries and provide guidance throughout the course duration.

By the end of this course, students will have a firm grasp of partnership fundamentals, enabling them to tackle examination questions with confidence and apply their knowledge effectively in real-world scenarios. Whether you're embarking on a career in accounting, finance, or business management, this course serves as an essential foundation for success in the dynamic world of partnership firms.

Syllabus

Meet Accounts magic

We are teaching accountancy in a magical way with innovative steps, and make every chapter easier for students.

What do we offer

Live learning

Learn live with top educators, chat with teachers and other attendees, and get your doubts cleared.

Structured learning

Our curriculum is designed by experts to make sure you get the best learning experience.

Community & Networking

Interact and network with like-minded folks from various backgrounds in exclusive chat groups.

Learn with the best

Stuck on something? Discuss it with your peers and the instructors in the inbuilt chat groups.

Practice tests

With the quizzes and live tests practice what you learned, and track your class performance.

Get certified

Flaunt your skills with course certificates. You can showcase the certificates on LinkedIn with a click.

Reviews and Testimonials