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B-COM in Professional Accounting at Kalasalingam Academy of Research and Education
Virudhunagar, Tamil Nadu
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About the Specialization
What is Professional Accounting at Kalasalingam Academy of Research and Education Virudhunagar?
This B.Com Professional Accounting program at Kalasalingam Academy of Research and Education focuses on developing expertise in financial reporting, taxation, auditing, and corporate finance, tailored for the Indian business landscape. The curriculum is designed to meet the growing demand for skilled accounting professionals in India, equipping students with practical knowledge and industry-relevant certifications. It aims to provide a strong foundation for careers in both traditional accounting roles and emerging areas like forensic accounting and financial analytics.
Who Should Apply?
This program is ideal for fresh 10+2 graduates with a commerce background who aspire to become chartered accountants, financial analysts, or tax consultants in India. It also suits individuals seeking a strong academic foundation before pursuing professional qualifications like CA, CMA, or CS. Aspiring entrepreneurs who need robust financial knowledge for their ventures would also benefit from this comprehensive accounting specialization.
Why Choose This Course?
Graduates of this program can expect to secure roles as accountants, auditors, tax consultants, financial analysts, or even pursue higher studies. Entry-level salaries in India typically range from INR 3-5 LPA, with experienced professionals earning INR 8-15 LPA and upwards. The program aligns well with pathways for professional certifications like CA, ACCA, and CMA, enhancing career growth in Indian and multinational corporations.
Student Success Practices
Foundation Stage
Master Core Accounting Principles- (Semester 1-2)
Dedicate time to thoroughly understand fundamental accounting concepts, double-entry bookkeeping, and financial statement preparation. Regularly practice journal entries, ledger postings, and final account adjustments. Form study groups to discuss complex problems and clarify doubts with peers.
Tools & Resources
Textbooks (e.g., T.S. Grewal, M.C. Shukla), Online accounting tutorials, Practice problem sets
Career Connection
A strong foundation in financial accounting is critical for all future accounting roles, ensuring accurate financial reporting and analysis, which are core competencies for placements.
Develop Essential Software Proficiency- (Semester 1-2)
Actively participate in the ''''Basic Computer Applications for Commerce'''' course. Gain hands-on experience with MS Excel for financial data management and analysis, and MS Word for professional document creation. Start familiarizing yourself with basic accounting software like Tally.
Tools & Resources
Microsoft Office Suite, Tally ERP.9 trial versions, Online Excel tutorials (e.g., from YouTube channels like The Chartered Accountant)
Career Connection
Proficiency in accounting software and spreadsheets is a mandatory skill for virtually all entry-level accounting positions in India, enhancing employability and efficiency.
Enhance Professional Communication- (Semester 1-2)
Utilize the ''''Professional Communication & Life Skills'''' course to refine your verbal and written communication. Practice public speaking, participate in group discussions, and focus on clear, concise report writing. Read business newspapers like The Economic Times or Business Standard daily.
Tools & Resources
Professional Communication textbooks, Toastmasters clubs (if available), Business newspapers
Career Connection
Effective communication is vital for interacting with clients, colleagues, and superiors, and for presenting financial data clearly, making you a well-rounded professional sought after by employers.
Intermediate Stage
Deep Dive into Cost & Management Accounting- (Semester 3-4)
Focus on applying cost accounting techniques for decision-making and control. Solve numerous case studies involving budgeting, variance analysis, and marginal costing. Understand how these insights drive business strategy.
Tools & Resources
Cost & Management Accounting textbooks (e.g., M.N. Arora, S.P. Jain), Financial modeling in Excel, Industry case studies
Career Connection
Mastery of management accounting principles is highly valued in roles like financial analysis, budgeting, and corporate planning, paving the way for managerial positions.
Build a Strong Legal and Compliance Base- (Semester 3-4)
Pay close attention to Business Law and Auditing & Corporate Governance. Understand the legal framework governing businesses in India, including company law, contract law, and auditing standards. Attend webinars on corporate compliance.
Tools & Resources
Bare Acts for Indian laws, ICAI publications on auditing standards, Legal journals and online databases
Career Connection
Knowledge of business laws and auditing is crucial for compliance roles, internal audit, and external audit firms, making you an asset in maintaining corporate integrity.
Gain Practical Software Expertise (Tally with GST)- (Semester 3-4)
Maximize learning from the ''''Tally with GST'''' value-added course. Practice recording transactions, generating financial reports, and handling GST compliance in Tally. Seek opportunities for real-world data entry or mock accounting scenarios.
Tools & Resources
Tally ERP.9 software, Online GST tutorials, Practice exercises from professional accounting institutes
Career Connection
Hands-on expertise in Tally with GST is a direct requirement for most Indian accounting jobs, significantly boosting your employability and readiness for immediate contributions.
Advanced Stage
Specialize in Taxation and Financial Strategy- (Semester 5-6)
Excel in Income Tax Law & Practice and Goods and Service Tax. Regularly update yourself with budget changes and tax amendments in India. Understand financial management concepts like capital budgeting and working capital to connect finance with accounting.
Tools & Resources
Income Tax Act, GST Acts, Taxmann publications, Financial news portals (Livemint, Economic Times)
Career Connection
Specialization in Indian taxation and financial management opens doors to careers in tax advisory, financial planning, and corporate finance, highly sought after in India.
Undertake Impactful Project Work- (Semester 5-6)
For ''''Project Work I & II'''', choose topics relevant to current industry trends in professional accounting, such as forensic accounting, digital auditing, or GST impact analysis. Focus on real-world problem-solving, data collection, and robust analysis. Seek faculty mentorship actively.
Tools & Resources
Research databases (JSTOR, EBSCO), Statistical software (Excel, R, Python basics), Academic and industry journals
Career Connection
Successful project work demonstrates applied knowledge, research skills, and analytical capabilities, making you a preferred candidate for internships and full-time roles requiring practical solutions.
Prepare for Professional Certifications and Placements- (Semester 5-6)
Alongside academics, start preparing for professional exams like CA Foundation/Intermediate, ACCA, or CMA. Attend campus placement workshops, refine your resume, and practice mock interviews specifically for accounting roles. Network with alumni and industry professionals.
Tools & Resources
Study materials for CA/ACCA/CMA exams, Placement cell resources, LinkedIn for professional networking
Career Connection
Early preparation for professional certifications and placements significantly increases your chances of securing high-demand jobs in top accounting and finance firms immediately after graduation.
Program Structure and Curriculum
Eligibility:
- A pass in H.Sc. (10+2) or equivalent with Commerce as one of the subjects.
Duration: 3 years (6 semesters)
Credits: 140 Credits
Assessment: Internal: 40%, External: 60%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| R23BAC01 | Tamil-I / Hindi-I / French-I / German-I / Sanskrit-I | Common Elective | 3 | Language fundamentals, Basic grammar and vocabulary, Reading comprehension, Simple prose and poetry, Introductory communication skills |
| R23BAC02 | English – I | Common Elective | 3 | Grammar and usage, Paragraph writing, Letter writing, Reading and interpretation, Basic communication etiquette |
| R23PAC01 | Financial Accounting – I | Core Course | 4 | Accounting concepts and conventions, Journal and Ledger, Trial Balance, Preparation of Final Accounts, Rectification of Errors, Depreciation Accounting |
| R23PAC02 | Business Economics | Core Course | 4 | Nature and scope of Business Economics, Demand and Supply analysis, Production and Cost analysis, Market structures and Pricing strategies, National Income concepts |
| R23PAE01 | Business Environment | Elective | 3 | Economic environment, Political and Legal environment, Social and Cultural environment, Technological environment, Global business environment |
| R23HSC01 | Professional Communication & Life Skills | Human Skills Course | 2 | Principles of effective communication, Verbal and non-verbal communication, Presentation skills, Group discussion techniques, Interview skills and resume writing |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| R23BAC03 | Tamil-II / Hindi-II / French-II / German-II / Sanskrit-II | Common Elective | 3 | Advanced language studies, Literary analysis, Cultural perspectives, Translation practice, Creative expression |
| R23BAC04 | English – II | Common Elective | 3 | Advanced writing skills, Report and proposal writing, Analytical reading, Public speaking and rhetoric, Business correspondence |
| R23PAC03 | Financial Accounting – II | Core Course | 4 | Branch Accounting, Departmental Accounting, Hire Purchase and Installment Systems, Royalty Accounts, Insolvency Accounts, Partnership Accounts |
| R23PAC04 | Corporate Accounting – I | Core Course | 4 | Issue and forfeiture of Shares, Issue and redemption of Debentures, Underwriting of Shares, Buyback of Shares, Final Accounts of Companies |
| R23PAE02 | Principles of Management | Elective | 3 | Nature and significance of Management, Planning and Decision Making, Organizing and Staffing, Directing and Motivation, Controlling and Coordination |
| R23EVS01 | Environmental Sciences | Ability Enhancement Course | 2 | Ecosystems and Biodiversity, Environmental pollution, Natural resources and conservation, Climate change and global warming, Sustainable development |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| R23PAC05 | Cost Accounting | Core Course | 4 | Cost concepts and classifications, Cost Sheet preparation, Material Costing, Labour Costing, Overhead Costing, Job and Batch Costing |
| R23PAC06 | Corporate Accounting – II | Core Course | 4 | Amalgamation of Companies, Absorption and External Reconstruction, Valuation of Shares and Goodwill, Liquidation of Companies, Consolidated Financial Statements |
| R23PAC07 | Banking & Financial Services | Core Course | 4 | Indian Banking System, Commercial Banking operations, Reserve Bank of India, Digital Banking and Fintech, Financial Institutions and Services, Money Market |
| R23PAE03 | Marketing Management | Elective | 3 | Fundamentals of Marketing, Product and Brand Management, Pricing Strategies, Promotion and Distribution Channels, Consumer Behavior |
| R23NSS01 | NSS/NCC/YRC/Sports | NSS/NCC/YRC/Sports | 2 | Community service and social responsibility, Discipline and leadership development, Physical fitness and sportsmanship, Volunteerism, Teamwork |
| R23SKB01 | Skill-Based Course – I (Basic Computer Applications for Commerce) | Skill Based Course | 2 | MS Word for document creation, MS Excel for data analysis and accounting, MS PowerPoint for presentations, Internet and E-commerce basics, Data entry and management |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| R23PAC08 | Management Accounting | Core Course | 4 | Nature and scope of Management Accounting, Financial Statement Analysis, Ratio Analysis, Fund Flow and Cash Flow Statements, Budgetary Control, Marginal Costing |
| R23PAC09 | Business Law | Core Course | 4 | Indian Contract Act, 1872, Sale of Goods Act, 1930, Indian Partnership Act, 1932, Negotiable Instruments Act, 1881, Consumer Protection Act, 2019 |
| R23PAC10 | Auditing & Corporate Governance | Core Course | 4 | Fundamentals of Auditing, Types of Audit, Audit Planning and Internal Control, Vouching and Verification, Corporate Governance principles and practices, Company Auditor |
| R23PAE04 | E-Commerce | Elective | 3 | Introduction to E-commerce, E-commerce business models, Online payment systems, Digital marketing strategies, Cyber security and legal aspects of E-commerce |
| R23VAC01 | Value Added Course – I (Tally with GST) | Value Added Course | 2 | Introduction to Tally ERP.9, Company creation and Chart of Accounts, Voucher entry and inventory management, Payroll management in Tally, GST setup and compliance in Tally |
| R23SKB02 | Skill-Based Course – II (Soft Skills) | Skill Based Course | 2 | Interpersonal communication, Teamwork and collaboration, Problem-solving and decision-making, Time management and organization, Adaptability and emotional intelligence |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| R23PAC11 | Financial Management | Core Course | 4 | Objectives of Financial Management, Capital Budgeting decisions, Working Capital Management, Cost of Capital, Dividend Policy and Capital Structure, Financial Forecasting |
| R23PAC12 | Income Tax Law & Practice – I | Core Course | 4 | Basic concepts of Income Tax, Residential Status and Tax Incidence, Income from Salary, Income from House Property, Deductions from Gross Total Income, Computation of Total Income |
| R23PAC13 | Quantitative Techniques for Business | Core Course | 4 | Measures of central tendency and dispersion, Correlation and Regression analysis, Probability theory, Time Series Analysis, Index Numbers, Linear Programming |
| R23PAE05 | Human Resource Management | Elective | 3 | Functions of HRM, HR Planning and Job Analysis, Recruitment and Selection, Training and Development, Performance Appraisal and Compensation, Industrial Relations |
| R23VAC02 | Value Added Course – II (Professional Ethics in Accounting) | Value Added Course | 2 | Ethical principles for accountants, Professional conduct and independence, Confidentiality and objectivity, Fraud detection and prevention, Corporate Social Responsibility |
| R23PRO01 | Project Work – I | Project Work | 2 | Research problem identification, Literature review, Research design and methodology, Data collection and analysis, Report writing and presentation |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| R23PAC14 | Goods and Service Tax | Core Course | 4 | Introduction to GST laws in India, Types of GST (CGST, SGST, IGST, UTGST), Input Tax Credit mechanism, GST Registration and Returns, Taxable event and Valuation, E-way Bill |
| R23PAC15 | Income Tax Law & Practice – II | Core Course | 4 | Income from Business or Profession, Capital Gains, Income from Other Sources, Set-off and Carry Forward of Losses, Advance Tax and TDS/TCS, Assessment Procedures and Penalties |
| R23PAC16 | International Business | Core Course | 4 | Theories of International Trade, International Economic Environment, Foreign Exchange Markets, International Financial Management, Export-Import Procedures, Global business strategies |
| R23PAE06 | Digital Marketing | Elective | 3 | Search Engine Optimization (SEO), Search Engine Marketing (SEM), Social Media Marketing, Email Marketing, Content Marketing, Web Analytics |
| R23PAE07 | Research Methodology | Elective | 3 | Fundamentals of research, Research design and methods, Sampling techniques, Data collection tools, Statistical analysis for research, Report writing |
| R23PRO02 | Project Work – II | Project Work | 4 | Advanced project planning, In-depth industry analysis, Implementation strategies for business solutions, Comprehensive data interpretation, Final project report preparation, Viva-Voce examination |
