COURSE OBJECTIVE: To appraise the students about the application of basic accounting knowledge in certain special business activities and to impart the skill needed for preparation of final accounts of such special business activities.
COURSE OUTCOMES:
CO 1: Students will get acquainted with the concept of special transaction like Consignment, its Features and various terminologies used.
CO 2: They will be able to measure the different types of commission payable to consignee, and record the various aspects of consignment in the books of accounts.
CO 3: Students will comprehend the meaning of incomplete records. They will be able to differentiate between Single Entry and Double Entry system.
CO 4: They will be adept with the procedure of conversion of incomplete records to double entry books using Net worth method/Conversion Method and ascertain profit of the firm.
CO 5: Students shall understand the meaning of Non Profit organizations and terms used in NPO’s.
CO 6: They will be able to prepare the statements required by a NPO to ascertain the Surplus or Deficit made by the organization.
CO 7: Students will get acquainted with the meaning of Joint venture, its features, and will develop the skill of maintaining books of accounts using different methods of keeping records for JV Accounts.
CO 8: Students will understand the meaning of Bills of Exchange, its features and Accounting treatment of bills in the books of parties concerned. Differentiate between Trade Bills and Accommodation Bills
CAREER OPPORTUNITY: After the completion of the B.Com course, a student can pursue a career in Banking, Insurance, Investments, Equity Research Analyst, Financial Accounting & Auditing, Auditing & Cost Accounting, Company Secretarial Practice, Foreign Trade Practice &Procedures, Financial Consultancy, etc. In addition, the student can pursue higher studies.
Student Code of Conduct:Rule 1
Mobile phones must be kept away from visibility and on Complete Silent mode during
lecture sessions, unless otherwise stated by the faculty. Student(s) found violating the rule
will be suspended from the on-going session instantly and attendance will be denied.
Rule 2
Students are not allowed in the classroom without calculators for all accounts, income tax,
and other numeric subjects (like Business Statistics). Non – adherence or sharing of
calculators will lead to suspension from the on-going session and denial of attendance for
the subject.
Rule 3
Students must carry the prescribed textbook/study material (for accounts, income tax,
English and other numeric subjects like Business Statistics) in the class. Sharing of
Textbooks/study material is not allowed and non adherence of the rule will lead to
suspension from the on-going session and denial of attendance.
Rule 4
Classroom Discipline:
Noise in Classroom in the presence of teachers :
Such behaviour will be strictly dealt with.
Sleeping in lecture sessions :
Strictly not allowed. Will lead to suspension from the on-going session.
Late entry in classrooms is not permitted.
Grace time:
First hour – up to 8:35 am
Subsequent lectures – up to 5 minutes of commencement of class
Eating/chewing(gums) during class sessions is not allowed. Will lead to suspension
from the on-going class.
Offensive language and misconduct in classrooms will not be tolerated in any case.
Students will be put through the Discipline Committee. Any such incidents against
faculty especially will lead to immediate suspension from classes until meeting with
parents.
- Teacher: DURGA VAIDEHI G