Category Archives: bcom acca

The Department of Commerce (Hons) ACCA students and teachers visited the Idhayam Oil Factory, Villipathiri, Virudhunagar on 05.07.2024. The visit was an experiential learning and helped students to understand the production process of sesame oil. The students learnt the process involved in the oil extraction and also had an idea about the By-products and the waste product, which after further processing have got a great commercial value, revenue and workers unit. The HR explained the Exports process of the products. The students learned about the Quality control, the work in progress and storage process of the products. Totally 47 students from I, II and III year ACCA were participated in this Industrial visit.

The Department of Commerce (Hons) ACCA students and faculties visited the Venus Home Appliances Pvt. Ltd., 5/54A, Senthilampannai, Thoothukudi – 628103 on 08.01.2025 (Wednesday). We visited the factory it is the leading manufacturer of water heaters geysers in India. The students were shown the entire water heater manufacturing process, including the raw material area, quality checking unit, packaging section, and accounts department, inside the factory. Students learned about the quality control management system, how appliances are inspected for quality, and how long the inspection takes. Totally, 52 from I, II and III ACCA along with 2 faculty members visited the factory.

            The Department of Commerce (Honours) ACCA has conducted “The 2024 Batch First Year Fresher’s Day celebration” on 16.09.2024 in the SLCS seminar hall at 2.15 pm. The event aimed to provide a platform for freshers to interact with their seniors and faculty members. The event began with a formal inauguration ceremony. The head of the department, Dr. D. Selvaraj, gave a brief introduction of ACCA and the department. The Class In charge, Ms. S. Charumathi, welcomed the students with warmth. Following the event, there were other fascinating and entertaining activities. The Senior students welcomed the juniors by presenting a gift to the freshers. A third-year student, Mr. S. Vignesh, delivered the vote of thanks. In total, 52 students and 2 faculty members were present at the event.

                                The Department of Commerce (Honours) ACCA has conducted the Career development Program on the topic of Ethics and Professionalism on 04.12.2024 (Wednesday) in Hall no: 116, SLCS Annexure block at 09.00 am to 4.30pm. The welcome speech was delivered by Ms. S. Charumathi, Assistant professor. The Chief Guest address was delivered by Dr. D. Selvaraj, Head of the department. The program began with an engaging introduction to ethics and professionalism, highlighting their significance in the workplace. The code of ethics was thoroughly explained with a focus on its application in real life scenarios. The case studies and group discussions encouraged participants to think critically about ethics in the workplace. The Q&A Sessions allowed participants to clarify their doubts and seek guidance on the ethics –related issues. Mr. S. Vignesh from the third year ACCA Student delivered the vote of thanks

The alumni interaction with the students was conducted on 01.07.2024 in NS-116. The alumni shared the valuable experiences, insights, and advice with the students. The interactive session was marked by active participation from the students, who posed thoughtful questions and sought guidance on various aspects of career development and ACCA papers. The alumni shared her experiences and provided tips and strategies to crack the ACCA papers, and she highly insisted the students practice more before appearing for an ACCA exam. The interactions were a resounding success, and the department looks forward to organizing more such events in the future to foster meaningful connections between its alumni and students.  In total 52 ACCA students were benefitted in this program.

The Department of Commerce (Honours) ACCA of Subbalakshmi Lakshmipathy College of Science, Madurai organized a VALUE ADDED COURSE ON “MONEY MANAGEMENT SERVICES” between 18.12.2023 to 27.12.2023 at Hall No. 116, SLCS Annexure Block. CA Rajiv Rabindran, International Skill Development Corporation (ISDC), Bangalore has been invited as the resource person. A lecture was delivered on the role and importance of the finance function, basic finance management knowledge and effectively using standard business terminology. Totally, 45 students of ACCA participated and got benefitted through this course.

The Department of Commerce (Honours) ACCA of Subbalakshmi Lakshmipathy College of Science, Madurai, organized a VALUE ADDED COURSE ON “FINANCIAL OPERATING STATEMENTS” between 25.09.2023 to 06.10.2023 at Hall No. 116, SLCS Annexure Block. ACCA- Rahul, Faculty, International Skill Development Corporation (ISDC), Bangalore has been invited as the course expert. A lecture was given on operating statement which is used to assess a company’s performance and financial position. He also explained financial statement, balance sheets and cash flow statements. Operating statements summarize a company’s revenues and expenses for a given accounting period. This value added course helped to complete the ACCA F7: Financial Reporting knowledge level paper. Totally, 42 students of ACCA participated and got benefitted through this course.

The Department of Commerce (Honours) ACCA of Subbalakshmi Lakshmipathy College of Science, Madurai and ISDC, Bangalore jointly organized a VALUE ADDED COURSE ON “ANALYTICAL FRAMEWORK OF FINANCIAL MANAGEMENT”  between 18.01.2024 to 25.01.2024 at Hall No. 116, SLCS Annexure Block. ACCA- Lakshmi Swetha, Faculty, International Skill Development Corporation (ISDC), Bangalore, was the instructor of the program. Students were able to evaluate Investment and Financing Decisions; to manage and control the Working Capital and to identify and manage Financial Risk. Totally, 40 students from the department participated and benefitted through this value added course.

   Royal Charter Association of Commerce (Honours) ACCA organized a “Seminar on Challenges in ACCA” in commemoration of “International Accounting Day” on 10.11.2023 at Seminar Hall. The program commenced with a prayer song. The association members hosted the program. The Presidential address was delivered by Dr. D.Selvaraj, Head of the Department, Commerce (Honours) ACCA. He informed that, every year on November 10, we celebrate International Accounting Day. The Day of Honour is declared in 1494 when Italian mathematician, Father of Accounting “Luca Bartolomeo de Pacioli” wrote a book with bookkeeping procedures. The Chief Guest, Mr. Punit Kothari ACCA, CEO of SOE Global, Approved learning partner of ACCA, Chennai, briefed on the significance of the celebration and the main objective of pursuing ACCA, and its challenges including: time management, self-discipline, syllabus, exam stress, keeping up with changes, and expenses. Moreover, he added on how to overcome these challenges which included creating a realistic study schedule, revising and practicing consistently, using available resources, such as ACCA-approved study materials and online resources and joining study groups and staying updated on changes in the syllabus and global accounting standards. Totally, 52 students motivated and benefitted through this program.

The Department of Commerce (Hons) ACCA visited Dattatreya Textiles Pvt. Ltd., Madurai on 09.11.2023. During the visit, the students learned about the production process & management, and human resource management practices. They understood the technical aspects of manufacturing yarn and its various designs and quality and the working of the machines used for production. The production planning and scheduling activities were found interesting by the students. They also collected information on the company’s efforts on product innovations, productivity improvement and cost reduction. Totally, 48 students from the first, second and third year along with 2 faculty members visited the factory.