Category Archives: bcom acca

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.

The Department of Commerce (Honours) ACCA organized an Alumni Interaction on “Strategies to Approach ACCA Exam” at Hall No. 116, SLCS Annexure Block on 05.03.2024 in Subbalakshmi Lakshmipathy College of Science, Madurai. Dr. D.Selvaraj, Head of the department delivered the key note address. Ms.Kothai Andal, an alumnus (Batch 2019-22) of the department of ACCA, has been invited as a distinguished alumnus for the program. The alumni interaction was designed to guide and motivate the students to take up the correct careers with full seriousness and in the right spirit. To create awareness about upcoming career opportunities, the students were motivated accordingly.

Around 45 students attended the program. Few of the questions from the audience were taken up by the speakers during the Q & A session. The variety and range of questions raised show that the participants took an active part in the program.

Department of Commerce (Honours) ACCA organized a VALUE ADDED COURSE ON “Accounting Assessment Techniques” from 14.02.2023 to 23.02.2023 at 114 of Annexure Block. Prof. Nandini Balaji ACCA, Faculty, International Skill Development Corporation (ISDC), Bangalore, acted as the course expert. The purpose of this value added course is to assist the students to discharge their responsibilities effectively to ensure that suitable assessment procedures and check whether the candidates admitted to the membership are appropriately qualified. This assessment course considers the key concepts, summarized evaluation, non – prescriptive fashion, relevant assessment to test different capabilities and competencies, on all aspects. Totally, 13 students of III ACCA participated and got benefitted through this course.

Department of Commerce (Honours) ACCA and Institution’s Innovation Council (IIC) jointly organized a Seminar on “Entrepreneurial Finance” on 03.02.2023 at Seminar Hall of our college premises. The Resource Person, Dr. N. Selvalakshmi, Assistant Professor, Department of Commerce (SF), Mannar Thirumalai Naicker College, (Autonomous), Madurai, shared her experience to the students. She motivated the students to think of the entrepreneurial finance as the process of acquiring capital and making financial decisions for a new venture or startup. On starting a company, entrepreneurs dedicate a majority of their time securing the funds to make their vision a reality. This involves approaching of investors and seeking loans that can allow them to launch operations and acquire resources. Funding may be provided by friends, family, venture capitalists, angel investors, banks and other sources. Totally 51 students and 7 Faculty members participated and got benefitted by attending this program.

Department of Commerce (Honours) ACCA visited Sakthi Sugars Ltd., Sivagangai Unit, Padamathur B.O., Sivagangai on 31.01.2023 (Tuesday). The main objective of the visit was to provide a technical exposure to the students about the manufacturing process and technology. This visit was organized during the annual maintenance period of the sugar factory. So, the students got a rare and great exposure to the details of the sugar manufacturing technology and bagasse based power generation technology, by witnessing the dismantled machineries and equipment. Totally, 49 students from ACCA along with 3 faculty members visited the factory.

Royal Charter Association of Commerce (Honours) ACCA organized a Webinar on “Principles of Investing” on 12.01.2023 (Thursday) at 2.30 PM, through Google Meet (link: meet.google.com/dtv-mwtv-mhw). The Resource Person, Mrs. Marina Jose Kanjikal, BSE-Investor Protection FUND (BSE-IPF), insisted that the program is to introduce students into the world of investing, with emphasis on how to choose the right company and highlighting the common mistakes made by the investors. Totally, 42 students participated and got benefitted through this program.