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MARWARI VIDYALAYA SANCHALIT SMT. KAMALADEVI GAURIDUTT MITTAL COLLEGE OF ARTS & COMMERCE

Accredited by NAAC : B+ ( ISO 9001:2008 Certified )

PROGRAMME-OUTCOME-DETAILS

BAF

Programme Outcome

  • A graduate after completion of this course can initially join as a trainee / or as an accountant or as an accounts executive. Graduate professionals can work as freelancers in this field.
  • Students would get an opportunity to explore many career paths like Investment and Portfolio management, Stock market, Security analysis, Mutual Fund and Capital Market analysis, Accounting field, financial field etc

Specific Programme Outcome

FYBAF (SEM I)

  1. COST ACCOUNTING
  • .Define the various components of total cost of a product i.e. direct & indirect cost and fixed & flexible cost.
  • Determine various levels of material i.e. reorder level, minimum level, maximum level & EOQ for managing working capital.
  • Use methods of time-keeping & time-booking and manage idle & overtime.
  1. FINANCIAL MANAGEMENT (INTRODUCTION )-II
  • Use business finance terms and concepts when communicating.
  • Explain the financial concepts used in making financial management decision.
  • Use effective communication skills to promote respect and relationship for financial deals. Utilize information by applying a variety of business and industry software and hardware to major financial function.
  1. BUSINESS COMMUNICATION - I
  • To make effective and impressive communication.
  • To make communication in ethical manner.
  • Capable to make persuasive digital communication..
  1. FOUNDATION COURSE
  • By focusing on the application of knowledge and skills learned in acourseand on the integration of knowledge and skills with other areas of their lives, students are more connected to theirlearningand to the material of thecourse
  1. FINANCIAL ACCOUNTING - I
  • To record the basic journal entries.
  • Memorize how to calculate depreciation by applying various methods.
  • Maintain the financial statements of a business entity.
  • Rectify errors in accounts.
  1. BUSINESS ENVIORNEMENT – I
  • Define various elements internal as well as external affecting business environment. Explain the techniques like SWOT analysis.
  • Define the terms like inflation, GDP, etc. Define the consequences with regard to BOP. 5. Explain the economic trends and effect of Govt. policies as LPG.
  1. BUSINESS ECONOMICS – I
  • Understand how households (demand) and businesses (supply) interact in various market structures to determine price and quantity of a good produced.
  • Understand the links between household behavior and the economic models of demand. Represent demand, in graphical form, including the downward slope of the demand curve and what shifts the demand curve.

FYBAF (SEM II)

  1. TAXATION (INDIRECT TAX)
  • Student will able to Compute the assessable value of transactions related to goods and services for levy and determination of duty liability.
  • Student will able to Identify and analyze the procedural aspects under different applicable statutes related to indirect taxation .
  1. AUDITING
  • Student will understand the audit process from the engagement planning stage through completion of the audit, as well as the rendering of an audit opinion via the various report options.
  • Student will understand auditors‟ legal liabilities, and be able to apply case law in making a judgment whether auditors might be liable to certain parties;
  1. BUSINESS COMMUNICATION – II
  • To understand techniques of effective communication.
  • To make aware about barriers to communication with ethical context.
  • To understand the process of e-mail communication & minutes of meeting.
  1. FOUNDATION COURSE
  • By focusing on the application of knowledge and skills learned in acourseand on the integration of knowledge and skills with other areas of their lives, students are more connected to theirlearningand to the material of thecourse
  1. FINANCIAL ACCOUNTING - I
  • Recording entries of joint venture account.
  • What are dependent and independent branch.
  • Easily examine the dissolution of partnership.
  • Easily can prepare the journal entries of amalgamations and sale of partnership firms.
  1. BUSINESS LAW
  • Learn the difference between valid void and voidable contract.
  • Memorize difference between contract of guarantee and indemnity.
  • Analysize the rights and duties of pawnor and pawnee under contract of bailment
  1. BUSINESS MATHEMETICS
  • To apply basic terms of integration in solving practical problems field of as of business.
  • To explain basic methods of business calculus, types and methods of interest account and their basic applications in practice.
  • To solve problems in the areas of business calculus, simple and compound interest account, use of compound interest account, loan and consumer credit

SYBAF (SEM III)

  1. INFORMATION TECHNOLOGY IN ACCOUNTANCY - I
  • Theobjectiveofaccountingis to provide insight into the results of management decisions.
  • Theaimofaccounting educationis to help students learn to learn to become professionalaccountants.
  1. BUSINESS LAW (BUSINESS REGULATORY FRAMEWORK) -II
  • The purposes and functions ofbusiness lawinclude maintaining order, protecting rights and liberties, establishing standards, and resolving disputes when it comes tobusinessesand their interactions with individuals, government agencies, and otherbusinesses.
  • Being aware of these potential issues will help you make the judgment calls and decisions thatbusinessprofessionals makes on a daily basis
  1. BUSINESS ECONOMICS – II
  • Theaimsatteaching economicsat the higher secondary stage are: making students understand some basiceconomicconcepts and developingeconomicreasoning
  • Students will learn how markets and other governance structures organize coreeconomicactivities, such as production, distribution, and consumption, and the growth of productive resources.
  1. FOUNDATION COURSE IN COMMERCE (FMO)
  • To provide an introduction to the financial markets and to analyze the role of financial markets for the broader macro economy.
  • To help them to understand the practical aspects of primary and secondary market operations.
  1. FINANCIAL ACCOUNTING - III
  • Theobjectiveofaccountingis to provide insight into the results of management decisions. Theaimofaccountingeducation is to help students learn to learn to become professionalaccountants.
  • Demonstrate an appropriate mastery of the knowledge, skills and tools of intermediate and advanced financial accounting topics.
  1. DIRECT TAX
  • To make aware about provisions of direct tax with regard to IT Act, 1961 and IT Rules, 1962. To make aware about agriculture income, residential status and incidence/charge of tax.
  • To understand the provisions and procedure to compute total income under five heads of income i.e. salaries, house property, profits & gains from business & profession, capital gains and other sources.
  1. COST ACCOUNTING
  • Define the various components of total cost of a product i.e. direct & indirect cost and fixed & flexible cost.
  • Determine various levels of material i.e. reorder level, minimum level, maximum level & EOQ for managing working capital.

SYBAF (SEM IV)

  1. INFORMATION TECHNOLOGY IN ACCOUNTANCY - II
  • Theobjectiveofaccountingis to provide insight into the results of management decisions.
  • Theaimofaccounting educationis to help students learn to learn to become professionalaccountants.
  1. BUSINESS LAW (COMPANY LAW) -II
  • Know about the concept of company and shares.
  • Know about the company law in the India.
  • Understand the use of the memorandum of association and article of association in a company, they also learn from this course.
  1. BUSINESS ECONOMICS – II
  • Understand the basics of national income accounting
  • Understand the causes and consequences of business cycles
  • Understand the roles of fiscal and monetary policy in fighting recessions and inflation
  • Understand factors that contribute to and detract from long-term economic growth
  1. RESEARCH METHODOLOGY IN ACCOUNTING
  • Thepurposeof theresearchis to discover answers to questions through the application of scientific procedure. In order to be specific,
  • Theresearchmust be identified by taking the system requirements into account.
  1. FINANCIAL ACCOUNTING - III
  • Student can able to make necessary journal entries in the books of record under hire purchase method.
  • Able to maintain royalty and joint venture accounts.
  1. DIRECT TAX – II
  • To understand the provision and procedure for clubbing & aggregation of incomes and set-off & carry forward of losses. .
  1. MANAGEMENT ACCOUNTING
  • Use business finance terms and concepts when communicating.
  • Explain the financial concepts used in making accounting management decision.
  • Use effective communication skills to promote respect and relationship for financial deals.

TYBAF (SEM V)

  1. FINANCIAL ACCOUNTING – V
  • Theobjectiveofaccountingis to provide insight into the results of management decisions. Theaimofaccountingeducation is to help students learn to learn to become professionalaccountants.
  • Demonstrate an appropriate mastery of the knowledge, skills and tools of intermediate and advanced financial accounting topics.
  1. FINANCIAL ACCOUNTING – VI
  • Describe, explain, and integrate fundamental concepts underlyingaccounting,finance, management, marketing, and economics.
  • Use information to support business processes and practices, such as problem analysis and decision making.
  1. TAXATION –IV (INDIRECT TAXES-II)
  • To make aware about provisions of indirect tax with regard to GST and concept of supply, to aware about documentation and collection of Tax
  • To understand the provisions and procedure to compute input tax credit and computation of GST
  1. FINANCIAL MANAGEMENT -II
  • Define the various components of mutual funds valuation and bond valuation, and also to aware about capital budgeting
  • Determine various levels of capital structuring and dividend decisions and their types and to be aware of credit management
  1. COST ACCOUNTING -III
  • Define the various components of Activity based costing based on particular activity, operating cost .
  • Determine various levels of Process costing (FIFO and Weighted Average method)
  1. INTERNATIONAL FINANCE
  • To make aware about Derivatives market and how to deal in foreign exchange market
  • To understand about risk management , about hedging , and also to compute future spot rate.

TYBAF (SEM VI)

  1. FINANCIAL ACCOUNTING – VII
  • Theobjectiveofaccountingis to provide insight into the results of management decisions. Theaimofaccountingeducation is to help students learn to learn to become professionalaccountants.
  • Demonstrate an appropriate mastery of the knowledge of co –operative society, and to aware about FORM N , also knowledge about IFRS
  1. TAXATION –V (INDIRECT TAXES-III)
  • To make aware about provisions of indirect tax with payment of TDS, TCS. Types of returns and provision relation to filing return
  • To understand the provisions regarding custom act – 1 and 2 and also to aware about exemption, and provision relating to coastal goods
  1. FINANCIAL MANAGEMENT -III
  • Define the various components of Mergers and acquisitions, introduction of corporate restructuring and takeovers
  • Determine various levels of business valuation, assets
  • based valuation, earning based valuation , earning measure on cash flow basis
  1. COST ACCOUNTING -IV
  • Define the various components of standard costing and various overheads like labour , material , mix variances.
  • Determine various levels of absorption costing and managerial costing , to be more aware about budgetary control and budgeting
  1. SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT
  • To make aware about portfolio analysis and different types of investors ,
  • To understand about fundamental analysis (industry cycle, industry characteristic