Department Of B.COM – Accounting & Finance

Overview of the Department

Department of Accounting & Finance a branch of Commerce was started from the academic year2008-2009. Ours is one of the pioneering Colleges which offers Accounting & Finance as a branch of commerce under affiliated colleges of University of Madras. Department in order to provide holistic development organises, under the banner COMTECH various Seminars, Guest lectures, Conferences and Workshops. Industrial visits are arranged for the benefit of the students.Department of Accounting Finance continuously provides University Rank Holders in both Major & Language papers. We also provide certificate courses on Stock Trading and Leadership Skills.

MoU Signed:

• VNPA Fin Serve for conducting Certificate Course on Stock Trading

• Certificate Course Offered on Leadership Skills.

Vission:

To develop SMART Human Resource through sound technical, academic and holistic knowledge on par with global standards and capabilities of accepting new challenges in Accounting & Information Technology.
To make each student individually and socially responsible citizen through imparting universal knowledge and values.

Mission:

  • To instigate self-thinking and analyzing in the area of Accounting, Finance & Information Technology.
  • To provide uncompromised skill and knowledge to bridge the gap between industrial expectation and academic performance.
  • To provide opportunity to appear for professional courses like CA, CS, CFP and CMA for AF students.
  • To make them globally competent and locally responsible citizen.

Learning outcomes of Accounting & Finance

Students will acquire
(a) knowledge of Commerce and its scope and importance in various areas such as Production, Distribution, Stock Market, commodity market, Marketing, Agricultural, Industrial, Banking, Law and Social Sciences etc.
(b) Information about various Forms of Commercial organizations in India and their functions for societal development
(c) knowledge of various types of Business Units, their organization and evaluation of summary measures such as Profit and losses, Fund flow and cash flow, Changes in Direct and Indirect taxes, New venture of Business and new handling of Business Data.
(d) Knowledge of other Allied Subjects reflecting quality characteristics including concepts of Various Subjects.
(e) Insights into preliminary exploration of different subjects.
(f) Knowledge of Law, statistics, Operation Research, Cost Accounts, Management Accounting, Financial and Corporate accounts and other updated Taxes etc.

Program Outcome – Accounting & Finance

PO -1: After completing three years for Bachelors in Accounts B.Com (Accounting & Finance) program, students would gain a thorough grounding in the fundamentals of Accounts and Finance.
PO – 2: The accounts and finance focused curriculum offers a number of specializations and practical exposures which would equip the student to face the modern-day challenges in accounts and business.
PO -3 The all-inclusive outlook of the course offers a number of value based and job oriented courses ensures that students are trained into up-to-date. In advanced accounting courses beyond the introductory level, affective development will also progress to the valuing and organization levels.

Program Specific Outcome (PSO)

PSO – 1: Students will be able to demonstrate progressive learning of various tax issues and tax forms related to individuals. Students will be able to demonstrate knowledge in setting up a computerized set of accounting books
PSO – 2: Students will demonstrate progressive affective domain development of values, the role of accounting in society and business.
PSO – 3: Students will learn relevant financial accounting career skills, applying both quantitative and qualitative knowledge to their future careers in business.
PSO – 4: Students will learn relevant managerial accounting career skills, applying both quantitative and qualitative knowledge to their future careers in business.