Students Achievement in CMA Exam

Mr. J.Siva and Mr. K.Venkatesh, of III B.Com., (Honours) ACCA, successfully passed the Foundation Level Examination in CMA conducted by The Institute of Cost Accountants of India on June 2022. They are going to appear for ACCA papers and CMA intermediate papers. The academic performance is highly appreciable and career guidance is given by our Professors and Principal. The Department of Commerce (Honours) ACCA, appreciated the remarkable performance of Mr. J.Siva and Mr. K.Venkatesh in the CMA Courses.

“National Small Industry Day” Celebration – “Forum on Known and Unknown Things in Commerce Today”

Department of Commerce (Honours) ACCA and Trade Club jointly organized a Forum on “Known and Unknown Things in Commerce Today” in commemoration with the “National Small Industry Day” Celebration on 30.08.2022 at Auditorium of Subbalakshmi Lakshmipathy College of Science, Madurai. The program commenced with a prayer song. The Presidential address was delivered by Dean Academics, Dr. S.Priya. Dr. D.Selvaraj, Head of the Department, Commerce (Honours) ACCA, introduced the Chief Guest. The Resource Person, Dr.  S.IRULAPPAN, Director of Commerce and Management Studies, Vivekananda College of Arts and Sciences for Women (Autonomous), Tiruchengode. (Former Principal of Madurai Kamaraj University College, Madurai), briefed on the significance of the celebration in the lives of the young entrepreneurs of the country. This will lead to a self-reliant environment and boost the country’s economic condition; rise of the medium and small-scale industries creating an amazing ecosystem in the rural and urban sectors. Students were motivated through this program. Totally, 323 students participated and benefitted.

Student Achievement in Sports

Mr. A.Abimannan, II B.Com., (Hons’) ACCA, participated in the “State Level Championship” organized by “Ever Shine Boxing Academy” held at Chennai,  from 25.08.2022 to 28.08.2022. He has Secured Silver Medal and Certificate in ‘67 Kg to 71 Kg’ weight category of senior level. He has appreciable performance in his sports activity & academic performance and career guidance is continuously offered by our Professors, Physical Education Director, Principal and Management of our esteemed Institution. The Department of Commerce (Honours) ACCA appreciated the remarkable performance of Mr. A.Abimannan.

Seminar on Digital Taxation for Startups

Title of the Session: Seminar on Digital Taxation for Startups
Organizer (Department) B.Com. (Honours) ACCA & SLCS – IIC
Date : 18/08/2022 Time: 11.00am – 1.00pm
Mode of the Session : Offline Venue: Seminar Hall, SLCS
Theme(If Applicable) : Start Ups
Expert / Speaker Details:
Name: V.K.Viswanathan Designation: Chartered Accountant
Organisation: Private
Objective(s) of the activity: 

a)      To inculcate the thought of becoming an Auditor.

b)      To develop fundamental knowledge on Digital Taxation.

c)      To understand how to get on Computerized Taxation.

d)     To upgrade the quality of department through effective seminars.

Key Highlights: The expert,

a)      Motivated students to complete Professional Exams successfully.

b)      Explained the present scenario on Digital Taxation.

c)      Reveald the latest procedures and required forms for Digital Tax filling.

Outcome(s) of the activity: Students were able to

a)      Learn basics about taxation procedures.

b)      Get start ups ideas for filling of advance payment of tax.

c)      Know how to register tax return.

d)     Fulfill of IIC requirement.

Participants Details:

v Total No. of students participated: 107

v Total No. of staff (Teaching) participated: 09

Seminar on Venture Capital Funding Opportunity for Early Stage Entrepreneurs

Title of the Session: Seminar on Venture Capital Funding Opportunity for Early Stage Entrepreneurs
Organizer (Department) B.Com. (Honours) ACCA & SLCS – IIC
Date : 12/08/2022 Time: 11.00am – 1.00pm
Mode of the Session : Offline Venue: Seminar Hall, SLCS
Theme(If Applicable) : Entrepreneurship
Expert / Speaker Details:
Name: Dr. S. Muthulakshmi Designation: Assistant Professor
Organisation: Department of Commerce (Regular), V.H.N.S.N College, Virudhunagar.
Objective(s) of the activity: 

a)      To inculcate the thought of becoming an entrepreneur.

b)      To develop fundamental knowledge on Venture Capital.

c)      To understand how to get sources for business ideas.

d)     To upgrade the quality of department through effective seminars.

Key Highlights:

a)      The expert motivated students to initiate an innovative profitable business.

b)      India’s position in Venture Funding.

c)      Sources of Venture Funding like IDBI, LIC.etc.

Outcome(s) of the activity:

a)      Students learned basics to begin a new business.

b)      Students got start ups ideas for creating new/innovative business.

c)      Students came to know how to register for Venture Funding.

d)     Fulfillment of IIC requirement.

Participants Details:

v Total No. of students participated: 70

v Total No. of staff (Teaching) participated: 08

Career Training Program on “Accounting for Finance”

Title of the Session:Career Training Program on “Accounting for Finance”
Organizer Commerce (Honours)ACCA and ISDC, Bangalore
Date : 13.07.2022 to 23.07.2022 Time:Evening 5 pm. to 7 pm
Mode of the Session : Online Venue: Zoom Meet

Link: https://us02web.zoom.us/j/87207177799?

pwd=Z1dDQnp2MmQzQ2luY3Y3QlhwWmgyUT09

Expert / Speaker Details:
Name: Prof. Disha Kabra Designation: Faculty
Organisation:International skill development corporation (ISDC), Bangalore
Objective(s) of the activity: 

a)      To reveal the profits and losses of the business.

b)      To provide a true and fair view of the business.

c)      To providerelevant information related for business operations to stakeholders.

d)     Tomeasure the business profitability for a particular period and disclose the net profit or loss of the business as a whole.

e)      To exhibit the Assets and Liabilities of the business.

Key Highlights:

The expert gave training which,

a)      Focuses on the carrier aspects in various business fields.

b)      Focuses on the presentation of historical records and not on forecasting the future.

c)      Focuses on the transaction that a business enters into with external parties, such as customers, suppliers, etc.

d)     Focuses on the accounts prepared for quantifying the business, costs incurred as expenses, and profit or loss earned based on these transactions.

Outcome(s) of the activity:

a)      Students got a deep insight of business career possibilities.

b)      Students came to know about the Financial Accounting undertaken with a pre-specified periodic reporting schedule.

c)      Students were well informed that the availability and accessibility of financial accounts is public for those who want to know about a business and its performance.

d)     Students were able to prepare reliable financial statements and decisions can be based on the objectives.

Participants Details:

v Total No. of students participated: 22 (First Year ACCA 2021 Batch)

Industrial Visit to Parle Biscuit Factory, Kappalur, Madurai

Title of the Session: Industrial Visit to Parle Biscuit Factory, Kappalur, Madurai
Organizer Commerce (Honours) ACCA
Date : 08/07/2022 Time: 10.30am – 12.30pm
Mode of the Session : Offline Venue: Kappalur, Madurai
Organisation:  Parle Biscuit Factory, Kappalur, Madurai
Objective(s) of the activity: 

a)      To explore knowledge and understand work culture.

b)      To develop fundamental knowledge of a manufacturing unit.

c)      To analyse manufacturing process of a Food based industry.

d)     To upgrade the quality awareness of organisation environment.

Key Highlights:

a)      Well disciplined workmen and organisation.

b)      Enhances hygiene conscious as it is a food industry.

c)      Systematized Machineries & mass production.

Outcome(s) of the activity:

a)      Students learned basic ideas about Food Industry.

b)      Students got start up understanding of organisation culture.

c)      Students acquired knowledge on how high quality cookies are made.

Participants Details:

v Total No. of students participated: 19 (Second Year ACCA Students)

v Total No. of staff (Teaching / Non-Teaching) participated: 02

Students Achievement in CMA Exam

Mr. J.Siva and Mr. K.Venkatesh, of III B.Com., (Honours) ACCA, successfully passed the Foundation Level Examination in CMA conducted by The Institute of Cost Accountants of India on June 2022. They are going to appear for ACCA papers and CMA intermediate papers. The academic performance is highly appreciable and career guidance is given by our Professors and Principal. The Department of Commerce (Honours) ACCA, appreciated the remarkable performance of Mr. J.Siva and Mr. K.Venkatesh in the CMA Courses.

World IPR Day Celebration – “Seminar on IPR & Innovation for Better Future”

Department of Commerce (Honours & ACCA) and Institution Innovation Council (IIC) jointly organized a Seminar on “IPR & Innovation for Better Future” in commemoration with the World Intellectual Property Rights (IPR) Day Celebration on 31.05.2022 at Seminar Hall of Subbalakshmi Lakshmipathy College of Science, Madurai. The program commenced with a prayer song. The felicitation address was given by our respected Vice Principal, Dr. K. Archunan. The key note address was delivered by our respected Dean Academics, Dr. S.Priya. The special address was given by Dr. M.Subramanian, Head of the Department, Master of Business Administration, RL Institute of Management Studies. The Resource Person, Mr. JK Muthu, Founder, BGROW Services (Trademark & IP Protection Services), Madurai shared his experience to the students and motivated them to think about Intellectual property rights, patents, copyright, industrial design rights, trademarks, plant variety rights, trade dress, geographical indications, and trade secrets. 42 students participated and got benefitted by attending this program.

FAREWELL PARTY 2022

Royal Charter Association of Commerce (Honours) ACCA organized a Farewell Party “NEVER SAY GOODBYE”   on 22.04.2022 in the college seminar hall where students of B.Com. (Honours) ACCA I and II year bid farewell to the outgoing students of B.Com. (Honours) ACCA final year with great enthusiasm and nostalgia. The function began with a warm welcome by Head of the department, Dr. D.Selvaraj, Assistant Professors, Mr. A.Raja and Mr. S.Ravi Shankar. Then Head of the Department, Dr. D.Selvaraj in his speech wished good luck to the students of B.Com. (Honours) ACCA final year for their bright future and appreciated the efforts of B.Com. (Honours) ACCA I and II year. He also expressed his hope that students will achieve great success holding top positions in their career. All the seniors had filled the seminar hall with colorful attires which added beauty to the event. Juniors gave a warm welcome with Red Roses followed by very entertaining group dances, solo dances and solo song performances. Students of final year participated in Ramp Walk which was judged by the Association members. It was an incredible day hosted and organized by juniors. Some exciting games were also arranged for the seniors like connections, cub game and song findings from music competition, etc. All such events were enjoyed by all. A token of love and appreciation was given to the seniors by their juniors. The members of faculty expressed their affection towards the students. The day ended by capturing memories with photo sessions.