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Commerce

Senior College - Accountancy

History of Department

History

Accountancy Department was started on 26th July 1980, i.e. almost three decades ago, with faculty members including CA. Rajnikant Choksi, CA. Kanu Choksi.
In the mean while CA. Arun Ganatra, CA. Chandan Parmar, CA. Nimish Thakore, CA. Mayur Desai, Shri Kaushik Ganatra, had some valuable contribution for the Dept.

The Subjects/Papers generally covered by the Department are Financial Accounting, Auditing, Costing, and Taxation including Income Tax, Maharashtra Value Added Tax (MVAT), Service Tax, etc. with the assistance of lecturers including professional Chartered Accountants as faculty members. The Department has been constantly contributing for the benefit of the college by making the students equipped with advanced knowledge and updated with academic professional capabilities of international standards.

Academic Achievements

(T.Y.B.Com. results, staff awards/recognitions)

 

2004-2005 2005-2006 2006-2007 2007-2008 2008-2009
Shah Vinita Dhandh Ashish Rathod Nikita Gupta Kanika Furia Sejal
Accounts I     - 89 Accounts III – 99 Accounts I   – 96 Accounts I   – 98 Accounts I – 100
Accounts III  – 89   Accounts II  – 84 Accounts II  – 90  
DIT                -  97  

 Accounts III – 95 Accounts III – 92 > 
Sagawadawala Jumanna Mistry Delzeen Shah Jinal Gupta Mehul Shah Parshva D
DIT              - 93 Accounts III – 95 Accounts I   – 94 Accounts III – 97 Accounts II – 99
Bhatia Arti D’souza Priya Shah Monark Jain Jitesh Modi Krishna M
Accounts III – 98 Accounts I   – 94 Accounts III – 95 Accounts III – 100 Accounts III – 98
  Accounts III – 98      
  Vora Sneha Loghate Kedar Jain Aakash  
  Accounts III – 97 Accounts III – 97 Accounts III – 97  
  Shah Vilag Jain Kamalpal Pacheriwala Rohit  
  Accounts III – 99 Accounts III – 98 Accounts III – 99  
  Shah Sahil      
  Accounts I   – 91      

Highlights

Some of the faculty members are Professional practicing Chartered Accountants. Hence, the blend of their academic excellence and professional expertise help shape the careers of the students at domestic, as well as, international level.  

Contact

CA A. P. Kapadia: apkap@ymail.com
CA Santosh Ghag: ca_santoshgghag@yahoo.com
Ms Reshma Jaisinghani: jaisinghanireshma@yahoo.com

 

Faculty

Faculty - Dept. of English - Junior College

  • CA. A.P. KAPADIA, Head of the Department
    LECTURER (H.O.D.), B.Com., LL.B., A.C.S., A.C.A.
    Accounting, Auditing, Taxation, Costing

  • CA. JIMY WANKADIA
    LECTURER, M.Com., LL.B., F.C.A.
    Accounting, Auditing, Taxation, Costing

  • CA. SANTOSH GHAG
    LECTURER, M.Com. LL.B.(Gen), F.C.A., NET.
    Accounting, Auditing, Taxation, Costing

  • Ms. RESHMA JAISINGHANI
    LECTURER, M.Com., B.Ed., NET.
    Accounting

  • Ms. MANSI KOTHARI
    LECTURER, M.Com., M.Phil,
    Accounting

  • Ms. NEHA SHAH
    LECTURER, M.Com., M.Phil, PGDFM
    Accounting

Syllabus

Syllabus (Year 2010-2011)

Name of the Department: Accountancy

S. Y. B. A.

 

SUBJECT

TITLE OF PAPER

NO.

TOPICS OF THE PAPER

Accountancy

Book Keeping And Accountancy

1.

Meaning, Objectives, Importance & Utility of Book- Keeping

 

 

2.

Theoretical base of Accounting Concepts, Conventions & Principles

 

 

3.

Principles of Double Entry Book- Keeping

 

 

4.

Classification of Accounts

 

 

5.

Journal

 

 

6.

Ledger

 

 

7.

Subsidiary Books (Sub- Division of Journal)

 

 

8.

Cash Book

 

 

9.

Bank Reconciliation Statement

 

 

10.

Trial Balance

 

 

11.

Rectification of Errors

 

 

12.

Final Accounts

 

 

13.

Depreciation

 

 

14.

Practical Work (Preparation of Cash Receipts, Payment Vouchers, Various types of Cheques, Pay-in Slips & Journal Vouchers)

 

 

 

 

Syllabus (Year 2010-2011)

Name of the Department: Accountancy

F. Y. B. COM.

 

SUBJECT

TITLE OF PAPER

NO.

TOPICS OF THE PAPER

 

Accountancy

Accountancy &
Financial Management -I

 

1.

 

Accounting Standards

 

 

2.

Capital, Revenue & Deferred Revenue: Expenditure & Receipts

 

 

3.

Depreciation

 

 

4.

Final Accounts of a Sole Proprietor

 

 

5.

Final Accounts of Non-Profit making Organisations

 

 

6.

Stock Valuation

 

 

7.

Preparation of ledger & Trial Balance

 

 

8.

Departmental Accounts

 

 

9.

Single Entry System

 

 

10.

Accounting in Computerised Environment

Syllabus (Year 2010-2011)

Name of the Department: Accountancy

S. Y. B. COM.

 

SUBJECT

TITLE OF
PAPER

NO.

TOPICS OF THE PAPER

 

Accountancy

Accountancy &
Financial  
Management - II

1.

Admission of Partner

 

 

2.

Retirement/ Death of
Partner

 

 

3.

Dissolution of
Partnership Firm

 

 

4.

Piecemeal Distribution

 

 

5.

Partnership Final
Accounts

 

 

6.

Amalgamation of Firms

 

 

7.

Branch Accounts

 

 

8.

Consignment Accounts

 

 

9.

Hire Purchase
Transaction

 

 

10.

Fire Insurance Claims

 

 

 

 

Syllabus     (Year 2010-11)

Name of the Department: Accountancy

T. Y. B. COM.

SUBJECT

TITLE OF PAPER

NO.

TOPICS OF THE PAPER

Management
Accounting

Management Accounting - III

 

1.

 

Analysis & Interpretation of Financial Statements

 

 

2.

Analysis & Interpretation of Accounts (Trend Analysis, Comparative Statement, & Common Size Statement)  

 

 

3.

Accounting & Interpretation of Financial Data: Ratio Analysis & Interpretation

 

 

4.

Cash Flow Statement

 

 

5.

Concept of Working Capital

 

 

6.

Capital Budgeting

 

 

7.

Concept of MIS Reports in Computer Environment

 

 

 

 

Syllabus (Year 2010-2011)

Name of the Department: Accountancy

T. Y. B. COM.

SUBJECT

TITLE OF PAPER

NO.

TOPICS OF THE PAPER

Financial Accounting

Financial Accounting & Auditing III

(I)

Company Accounts

 

 

1.

Issue of Shares

 

 

2.

Issue of Debentures

 

 

3.

Redemption of Preference Shares

 

 

4.

Redemption of Debentures & Buy Back of Debentures

 

 

5.

Buy Back of Equity Shares

 

 

6.

Amalgamation of Companies

 

 

7.

Capital Reduction & Internal Reconstruction

 

 

8.

Ascertainment & Treatment of Profit Prior to Incorporation

 

 

9.

Final Accounts of Companies

 

 

 

 

 

 

(II)

Investment Accounting

 

 

 

 

 

 

(III)

Translation of Foreign Currency

 

 

 

 

Syllabus (YEAR 2010-2011)

Name of the Department: Accountancy

T. Y. B. COM.

SUBJECT

TITLE OF PAPER

NO.

TOPICS OF THE PAPER

Auditing
(Section I)

Financial Accounting & Auditing IV

1.

Introduction to Auditing

 

 

2.

Audit Planning & Procedures & Documentation

 

 

3.

Auditing Techniques & Internal Audit Introduction

 

 

4.

Audit of Income & Expenditure

 

 

5.

Audit of Assets & Liabilities

 

 

6.

Introduction to Company Audit

 

 

 

 

Costing
(Section II)

 

1.

Introduction to Cost Accounting

 

 

2.

Cost Ascertainment

 

 

3.

Cost Book- Keeping

 

 

4.

Cost Systems

 

 

5.

Introduction to Marginal Costing

 

 

6.

Introduction to Standard Costing

 

 

 

 

Syllabus (YEAR 2010-11)

Name of the Department: Accountancy

T. Y. B. COM.

SUBJECT

TITLE OF PAPER

NO.

TOPICS OF THE PAPER

Financial Management

Business Management -IV

1.

Nature of Financial Management

 

 

2.

Study of Financial Statement (Vertical Financial Statement)

 

 

3.

Study of Financial Statement (Common Size Statement, Comparative Statement, Trend Analysis

 

 

4.

Ratio Analysis

 

 

5.

Sources of Finance

 

 

6.

Sources & Application of Funds

 

 

7.

Capital Budgeting

 

 

8.

Working Capital

 

 

9.

Receivables Management

 

 

10.

Cash & Marketable Securities Management

 

 

11.

Basic Principles of Cost Accounting

 

 

12.

Marginal Costing

 

 

 

 

Syllabus (YEAR 2010-11)
Name of the Department: Accountancy

T. Y. B. COM.

SUBJECT

TITLE OF PAPER

NO.

TOPICS OF THE PAPER

Direct & Indirect Taxes

Direct & Indirect Taxes

 

Section I – Direct Taxes ( Income tax)

 

 

1.

Basic Concept

 

 

2.

Residence & Scope of Total Income

 

 

3.

Heads of Income

 

 

4.

Salaries

 

 

5.

Income from House Property

 

 

6.

Profits of Business or Profession

 

 

7.

Capital Gain

 

 

8.

Income from Other Sources

 

 

9.

Deductions from Gross Total Income

 

 

10.

Computation of Total Income

 

 

 

 

 

 

 

Section II – Indirect Taxes

 

 

 

Part I

 

 

11.

Service Tax

 

 

 

 

 

 

 

Part II

 

 

 

MaharashtraValue Added Tax Act, 2002

 

 

1.

MVAT: Definitions

 

 

2.

MVAT: Registration

 

 

3.

MVAT: Levy, Computation, Set off & Refund

 

 

4.

MVAT Computation: Case Studies & Illustrations