S.No	COMMERCE
PSO-1	Learners venture into managerial positions, Accounting areas, Banking sectors, Auditing, Company secretary ship, Teaching, Professor, Stock Agents, Government Employment etc
PSO-2.	Enables learners to prove themselves in different Professional examinations like CA, CS, ICWA, CMA and other diploma courses such as Tally ERP 9 and MS –Excel
PSO-3.	Gain through systematic and subject skills within various disciplines of commerce’ business, business law, business statistics, banking, accounting tax ,finance cost accounting, entrepreneurship, auditing, strategic management and marketing
PSO-4.	Learners further move towards research in the field of commerce.
PSO-5	Enables students to demonstrate Progressive learning of various tax issues and tax forms related to individuals and businessmen and setting up their own business start up.
PSO-6	The vast syllabi covers various fields covers various fields of commerce and accountancy which helps students grasp practical and theoretical knowledge

 

SEMESTER-I

SUBJECT:     FINANCIAL ACCOUNTING-I

Upon successful completion of this course, Student will be able to:

• Acquire conceptual knowledge of basics of accounting

• Identify events that need to be recorded in the accounting records

• Develop the skill of recording financial transactions and preparation of reports

in accordance with GAAP

• Describe the role of accounting information and its limitations

• Equip with the knowledge of accounting process and preparation of final accounts of

sole trader

• Identify and analyze the reasons for the difference between cash book and pass book

balances

• Recognize circumstances providing for increased exposure to errors and frauds

• Determine the useful life and value of the depreciable asset

 

SUBJECT: BUSINESS ORGANIZATION MANAGEMENT

Upon successful completion of this course, Student will be able to:

• Understand the scope of Business, and its importance.

• Describe the Social Responsibility of Business towards the society

• Explain business ethics as an integral part of every business organization

• Identify different forms of business organizations viz; Sole Proprietorship, Partnership,

Joint Hindu Family Business & Co-operative Organizations.

• Understand a Joint Stock Company and various formalities to promote a Company

• Identify the various vital documents of a company

• Learn various sources Industrial Financial resources and the means to raise them

• Understand about the functioning of Stock Exchanges & Mutual funds.

SEMESTER-II

SUBJECT: FINANCIAL ACCOUNTING-II

Upon successful completion of this course, Student will be able to:

• Appreciate the need for negotiable instruments and procedure of accounting

for bills honoured and dishonoured

• Differentiate Trade bills from Accommodation Bills

• Understand the concept of Consignment and learn the accounting treatment

of the various aspects of consignment

• Distinguish Joint Venture and Partnership and to learn the methods of maintaining

records under Joint Venture

• Distinguish between Single Entry and Double Entry

• Know the ascertainment of profit under Single Entry system.

• Understand the meaning and features of Non-Profit Organisations

• Learn to prepare Receipts & Payment Account, Income & Expenditure Account and

Balance Sheet for Non-Profit Organizations.

SUBJECT: BUSINESS LAW

Upon successful completion of this course, Student will be able to:

• Demonstrate an understanding of the Legal Environment of Business.

• Communicate effectively using standard business and legal terminology.

• Demonstrate recognition of the requirements of the contract agreement

• Demonstrate understanding of contract consideration and capacity

• Demonstrate recognition of the genuineness of assent in contract formation.

• Demonstrate understanding of legality and Statute of Frauds in contracts

• Identify contract remedies

• Demonstrate recognition of transactions involving the Sales of Goods Act

• Demonstrate recognition of consumer protection and intellectual property rights

SEMESTER-III

SUBJECT:ADVANCED ACCOUNTING

Upon successful completion of this course, a student will be able to:

• Prepare financial accounts for partnership firms in different situations of admission,

retirement, death and insolvency of the partners.

• Prepare financial statements for partnership firm on dissolution of the firm.

• Employ critical thinking skills to understand the difference between the dissolution of the

firm and dissolution of partnership.

• Understand the various types of capital structure of the company and their representation

in the balance sheet.

• Evaluate the different situations of capital issue to public like issue at premium, issue at

discount, forfeiture of shares etc.

• Demonstrate an understanding about the profits of the company and their division.

• Preparation of financial accounts with profits before incorporation.

• Understand the valuation of shares and goodwill and prepare financial statements

accordingly.

SUBJECT: BUSINESS STATISTICS-I

Upon successful completion of this course, a student will be able to:

• Understand basic statistical concepts such as statistical collection, statistical series,

tabular and graphical representation of data

• Calculate measures of central tendency, dispersion and asymmetry,

correlation and regression analysis

• Apply knowledge to solve simple tasks using computer

• Independently calculate basic statistical parameters viz- mean, measures of dispersion,

correlation coefficient, indexes)

• Based on the acquired knowledge to interpret the meaning of the calculated statistical

indicators

• Choose a statistical method for solving practical problems

• Highlight statistical relationships between variables in data sets

• Predict values of strategic variables using regression and correlation analysis.

SEMESTER-IV

SUBJECT:BUSINESS STATISTICS.-II

Upon successful completion of this course, student will be able to:

• Understand the role of statistics in taking various commercial decisions.
• Understand basic statistical component in business.
• Check the quality of the business process.
• Measure changes in the value of money at different places & tines.
• Compare the current trends in business with that in the past.      
• To make his mind set for taking up entrepreneurship as career.       

Summarize and analyze statistical data to solve practical business-related problems.    

SUBJECT:INCOME TAX-I

Upon successful completion of this course, a student will be able to:

• Acquire the complete knowledge of basic concepts of income tax

• Understand the concept of exempted incomes.

• Understand the provisions of agricultural income

• Calculate Residential status of a person.

• Identify and comply with the relevant provisions of the Income Tax Act as it relates to

the income tax of individuals

• Compute the income under the head” Income from Salary”

• Compute income under the head “Income from House Property”

• Compute income under the head “Income from Business or Profession”

 

SEMESTER-V

SUBJECT:COST ACCOUNTING

Upon successful completion of this course students will be able to:

• Imbibe conceptual knowledge of cost accounting.

• Understand the significance of cost accounting in the moderneconomic environment

 Select the costs according to their impact on business

• Differentiate methods of schedule costs per unit of production

• Differentiate methods of calculating stock consumption

• Identify the specifics of different costing methods

• Interpret the impact of the selected costs method

• Apply cost accounting methods to evaluate and project business performance

• Demonstrate mastery of costing systems, cost management systems, budgeting systemsand performance measurement systems.

SUBJECT:BUSINESS ECONOMICS

Upon successful completion of this course, the student will be able to:

• Learn economics in terms of business.

• Describe the nature of economics in dealing with the issue of scarcity

• Perform supply and demand analysis to analyze the impact of economicevents on Markets

• Analyze the behaviour of consumers in terms of the demand for products

 Evaluate the factors affecting firm behaviour, such as production and costs

• Analyze the performance of firms under different market structures,

• Recognize market failure and the role of government in dealing with those failures

• Understand the dynamics of how the markets work

• Use economic analysis to evaluate controversial issues and policies