Category Archives: bcom acca

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.

The Department of B.Com (Honours) ACCA successfully organised a Career Guidance Program on 18.09.2024 at the Seminar Hall for the students of I, II and III Year ACCA. The program aimed to provide students with clarity on career opportunities and professional pathways in the field of commerce and finance.

The session was handled by Mr. T. Raja, Branch Incharge, ICSI, Madurai, who provided valuable insights into various career options and professional courses available for commerce students. He also emphasized the importance of skill development, continuous learning, and proper career planning for achieving success in the professional field.

The session included an interactive segment where students actively participated and raised queries regarding career prospects, professional qualifications, and future opportunities. The resource person addressed all questions with practical guidance and motivational inputs.

The program proved to be highly informative and beneficial, enabling students to gain better clarity about their future career paths. A total of 52 students benefitted from the program.

The Department of B.Com (Honours) ACCA successfully organised a Career Guidance Program on 20.07.2024 at Hall No. 114, SLCS Annexure Block for the ACCA students. The session was handled by Mr. Aravind, Regional Head, ISDC, Bangalore, who provided valuable insights into career opportunities and professional growth in the field of finance and accounting. He explained the scope of the ACCA qualification, its global recognition, and the various career paths available for aspiring professionals. The session was interactive, with students actively participating and clarifying their doubts regarding career planning and professional courses. The resource person addressed all queries with practical guidance and motivation.

The program proved to be highly informative and beneficial, helping students gain clarity about their future career prospects.

 

 

Department of Commerce (Honours) ACCA of Subbalakshmi Lakshmipathy College of Science, Madurai, organized a VALUE ADDED COURSE ON “FINANCIAL OPERATING STATEMENTS” from 08.07.2024 to 20.07.2024 at Hall No. 116, SLCS Annexure Block. The course expert was Mr. Karthick Chandra Goparaju, Faculty, International Skill Development Corporation (ISDC), Bangalore. 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 helps to complete the ACCA F7: Financial Reporting knowledge level paper. Totally, 52 students of ACCA participated and got benefitted through this course.

The Department of B.Com (Honours) ACCA successfully organised a workshop on “ACCA Orientation” on 11.07.2024 at SLCS Annexure Block, Hall No: 116. The program aimed to provide an introductory understanding of the ACCA qualification and guide students towards careers in finance and accounting. The session was handled by Ms. Subathra, Academic Incharge, ISDC, Bangalore, who explained the ACCA course structure, global recognition, and career opportunities. She also highlighted the resources available through ACCA and ISDC to support students. An interactive session followed, where students clarified their doubts regarding examinations and career pathways. The workshop was highly informative and beneficial, especially for first-year students. The session concluded with a vote of thanks delivered by Ms. S. Charumathi, faculty member of the department. A total of 1 faculty member and 23 students benefitted from the workshop.

 

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.