Acquire the basic knowledge on accounting concepts, conventions and the basics of Accounting Standards.Know the concepts on Discounting Cheques Calculate average due date for the loans and advances Reconcile bank statement as per Cash Book and vice versa. Gain skill in preparing CashBook. Prepare Final Accounts of a Sole Trading Concern.
Acquire the basic knowledge in business concepts and importance of economic activities of the consumer. Calculate the elasticity of demand and supply of the Commodities in the market. Know the various factors of Production viz, land, labour and capital. Analyse the economic view of market structure. Perform the profit analysis in business economics.
Know the functions of management and the role of a Manager. Understand the concepts of planning and decision making. Learn about organising function of management. Study about staffing and directing. Develop co-ordinating and controlling skills.
Know about the evolution of marketing and marketing concepts. Understand the elements of marketing mix and functions of marketing. Have an in-depth understanding on product, product planning and product life cycle. Evaluate the pricing methods and physical distribution channels. Analysis promotion strategies and marketing techniques for a product, or a service. Become marketing professionals.
Know the basic knowledge about Number System and Equations. Understand the theory of Indices, Logarithms and Arithmetic Progression. Analyse the Economic aspects with the application of Mathematics. Gaining knowledge about Matrices Analyse the Mathematical Applications in business and trade transactions. Learn basic concept of Statistics. Analyse the knowledge in statistical measures such as Mean, Median, and Mode. To analyse different measures of Skewness in the field of Commerce and Economics. Gaining knowledge about Statistical tools such as Correlation and Regression used in Business and Research. Study about Index Numbers for comparison and analysis of business data.
Understand the legal structure of various contracts. Acquire knowledge in the registration of a company. Grasp the mechanism of corporate governance. Asses and analysis Share dealings in a company. Know the roles of a Company Secretary and Directors. Develop mechanisms in organizing company meetings.
Learn and be familiar with Corporate Accounting in conformity with the provisions of Companies Act. Gain competency in the nuances of Corporate Accounting. Acquire knowledge about Shares and debentures. Comprehend the required steps in company formation. Gain knowledge about Internal and External Reconstruction of companies.
Understand the importance of the differences between Financial Accounting and Cost Accounting. Compute the Material cost in the production Compute the Labour cost in the production Compute the Overhead cost in the production Compute the cost of the production process and the losses that arise in normal and abnormal conditions. Compute the cost involved in a job and a contract work.
Understand the legal provisions relating to Indian Contract Act. Develop skills in ensuring the legality of a contract. Know the consequences in case of the breach of a contract. Comprehend all the significant aspects related to special contracts and the associated legal provisions. Gain knowledge about the laws in connection with the Sale of Goods Act. Familiarize with the Indian Partnership Act and its applications in business dealings.
Understand the basic concept of the Management Accounting. Estimate the ratio analysis in a business. Study the flow of cash and funds in a business. Prepare the budget of a business and the management report. Be apprised about the marginal and the standard cost.
Understand the accounting system, principles, concepts and basics of auditing. Gain knowledge about the internal control, the internal check and the internal audit. Learn vouching, valuation of assets and liabilities and their verification. Know about the appointment, rights, duties and the liabilities of an auditor. Pursue professional courses like CA, ICWA and CS.