💰 Accounting

Accounting equips students with the knowledge and skills to systematically record, classify, and interpret financial transactions, enabling informed decision-making in business and finance.

The syllabus includes fundamentals of bookkeeping, preparation of final accounts, cost and management accounting, auditing basics, and financial statement analysis. It prepares students for careers in finance, taxation, auditing, and corporate governance.

• Recording and posting journal entries
• Preparing trial balances and financial statements
• Applying depreciation methods, provisions, and reserves
• Cost classification and budgeting techniques
• Variance analysis and performance evaluation
• Interpreting financial reports for strategic decisions

• Illustrative lectures with real-world business examples
• Hands-on ledger posting and account preparation
• Case studies on company financial performance
• Group discussions on accounting standards
• Simulation projects mimicking real business transactions
• Use of accounting software (e.g., Tally, QuickBooks) for practice

• Regular problem-solving assignments
• Unit tests emphasizing accuracy and presentation
• Projects on company accounts and budget creation
• Case-based problem evaluations
• Oral viva on accounting principles

Accounting knowledge is vital in auditing, taxation, banking, corporate finance, entrepreneurship, investment analysis, and public financial administration.

Accounting complements economics, business studies, law, and finance by providing accurate financial data for informed decision-making.

By the end of the course, students will be able to:

• Maintain accurate books of accounts
• Prepare and interpret financial statements
• Apply cost and management accounting tools
• Use accounting information for strategic decisions
• Understand fundamental tax and audit processes