This first-semester Commerce course introduces students to both the fundamental principles of accounting and its emerging modern trends
The curriculum is divided into five main modules, each targeting specific contemporary challenges in accounting
Fundamentals of Financial Accounting (Module 1): Focuses on basic concepts, the accounting cycle, and how to prepare financial statements (Trading Account, Profit & Loss Account, and Balance Sheet) for a sole trader
Human Resource Accounting (Module 2): Explores methods for valuing human capital, the impact of HRA on financial statements, and the advantages and challenges of its implementation
Green Accounting (Module 3): Analyzes environmental and social responsibility, covering topics like sustainable development, Corporate Social Responsibility (CSR), carbon accounting, and environmental audits
Inflation Accounting (Module 4): Evaluates the time value of money, price indices, and how inflation affects financial statements and business decisions
Forensic Accounting (Module 5): Teaches the principles, methods, and techniques used to identify and prevent financial fraud, while exploring the specific role of a forensic accountant
This course covers fundamentals of income tax, including legal framework, income concepts, and taxation principles. It explains components of income, residential status, and tax incidence. It also includes detailed study of salary and house property income, along with computation methods. The course concludes with tax authorities, procedures, and administrative reforms.
This course provides an understanding of financial services and institutions, banking systems, venture capital, leasing, factoring, mutual funds, and credit rating agencies. It examines the regulatory framework, financial products, and emerging trends in the financial sector, enabling learners to understand financial intermediation and support informed financial decision-making.
PBD is a field of study that integrates economic principles with managerial decision-making processes. It serves as a bridge between economics and business management, offering insights and tools to help managers make informed choices in the face of scarce resources and dynamic market conditions. Essentially, it applies economic theories and methodologies to analyze and solve real-world business problems. In the realm of PBD, decision-makers assess the costs and benefits of alternative strategies, examine market trends, and consider the impact of various factors on business outcomes. By blending economic theories with practical business scenarios, Managerial Economics equips managers with the ability to optimize decision-making, maximise efficiency, and achieve organizational goals in a constantly evolving business environment.
PBD is a field of study that integrates economic principles with managerial decision-making processes. It serves as a bridge between economics and business management, offering insights and tools to help managers make informed choices in the face of scarce resources and dynamic market conditions. Essentially, it applies economic theories and methodologies to analyze and solve real-world business problems. In the realm of PBD, decision-makers assess the costs and benefits of alternative strategies, examine market trends, and consider the impact of various factors on business outcomes. By blending economic theories with practical business scenarios, PBD equips managers with the ability to optimize decision-making, maximize efficiency, and achieve organizational goals in a constantly evolving business environment.
The Business Management course provides a comprehensive understanding of the fundamental principles, concepts, and practices in the field of management. It equips students with the knowledge and skills necessary to excel in various business roles, whether in large corporations, small enterprises, or entrepreneurial ventures. This course covers key aspects of management, including planning, organizing, leading, and controlling, and emphasizes the importance of effective decision-making, leadership, and strategic thinking.
Business Environment is sum or collection of all internal and external factors such as employees, customers needs and expectations, supply and demand, management, clients, suppliers, owners, activities by government, innovation in technology, social trends, market trends, economic changes